Amy Peterson, Author at Inhabit Missoula

Has Rural Development funding been used up in Missoula, MT?

The question is out there – have Rural Development (“R.D.”) funds been used up? The answer is no – at least currently. However, it is true that not all lenders are able to do R.D. loans – even if they previously were able. If you, or someone you know, is interested in utilizing R.D. funds, […]

Is Rural Development Financing a Possibility in Missoula, MT?

I have a client who has been looking for a first home, and struggling to find a home that fits within his budget. After meeting with a couple different lenders, and learning his comfortable monthly payment only brought him to an approximate $120,000 – $130,000 purchase price (and the payment for this loan was beyond […]

The Emotional Side of Real Estate

I am continuously amazed at just how much the emotional part of real estate can win out over the “numbers”, or what you would logically assume would happen in a real estate transaction.

Are Missoula Short Sales Becoming Easier?

First off, I want to make sure that everyone knows what a short sale is. When a homeowner owes more on their home than they can sell it for, they sometimes look at the option of completing a short sale.

Tidbits about FHA Financing

Recently we attended a seminar which updated minimum property standards for FHA financing. If you are considering buying or selling a home using a FHA loan, you might want to be aware of things that a FHA appraiser might look for.

What updates to my home will generate the most return?

When Sellers are preparing to list their homes, what updates to the homes will get the biggest return? In addition, which projects or improvements should, typically, be avoided?

Basement Ceiling Heights, What’s the “Liveable” Rule?

We just ran across a situation in one of our listings where the basement ceiling height did not meet the required ceiling height for “livable space”, per Missoula code. This is by no means an isolated incident, as many older homes do not have a height of 7’ in the basement areas.

Is now the right time to buy a first home?

This year has definitely been the one in which I have been asked this question the most. With the first-time homebuyer tax credit, low interest rates, leveled (or possibly decreased) listing prices and a large inventory, it can certainly feel like the “perfect storm”, in a sense.