WEBVTT 1 00:00:00.440 --> 00:00:05.080 You're listening to the John and Heidi Show Bonus Hour. If you miss any 2 00:00:05.120 --> 00:00:09.359 of the program, you can find a podcast at the bottom of the page 3 00:00:09.439 --> 00:00:16.480 at Sunny Radio dot com. Give Yourself Funny Credit. It's more important than 4 00:00:16.600 --> 00:00:20.039 ever to have a better credit card. At better credit cards dot com, 5 00:00:20.039 --> 00:00:24.359 we offer a variety of credit card options to fit your needs. Whether you 6 00:00:24.399 --> 00:00:27.359 want a card to give you cash back or a credit card to help you 7 00:00:27.399 --> 00:00:31.440 build your credit, we probably have it at Better credit Cards dot com. 8 00:00:31.480 --> 00:00:40.560 That's Better credit Cards dot com. Give Yourself Funny Credit, Better credit Card. 9 00:00:41.759 --> 00:00:44.520 Thank you for listening to the John and Heidi Show. Any Monday. 10 00:00:44.560 --> 00:00:48.840 This is a very special Monday. It's September eleventh, it's Patriot State today, 11 00:00:48.960 --> 00:00:52.079 and I know there are several people who will be pausing for a moment 12 00:00:52.079 --> 00:00:56.240 of silence a little bit later this morning to remember the terrible thing that happened 13 00:00:56.280 --> 00:01:00.679 on September eleventh, two thousand and one. I'm sure many people listen remember 14 00:01:00.679 --> 00:01:03.439 where they were and what was happening that day. It was a tragic day 15 00:01:03.599 --> 00:01:07.599 in US history. Coming up here in just a moment, we're going to 16 00:01:07.680 --> 00:01:12.000 talk about this day in Sioux Fall's history and we go back to eighteen ninety 17 00:01:12.000 --> 00:01:15.359 four for something significant. Also on the way, we're going to be visiting 18 00:01:15.359 --> 00:01:19.359 with Brent Baker. He is a realtor in the Sioux Falls area. We 19 00:01:19.359 --> 00:01:23.239 get a real estate update from him each Monday. Excited to visit with him 20 00:01:23.319 --> 00:01:26.040 on this Monday. Thank you so much for joining us today. Did you 21 00:01:26.079 --> 00:01:30.079 know you can allocate a percentage of your IRA to physical gold and silver with 22 00:01:30.159 --> 00:01:34.879 a tax free rollover, you can put your IRA back on the gold standard. 23 00:01:34.000 --> 00:01:38.680 Genesis Gold IRA is the only IRA that can hold physical precious medals. 24 00:01:38.760 --> 00:01:42.079 Call now for your free gold and silver report and learn how to qualify for 25 00:01:42.239 --> 00:01:47.239 up to ten thousand dollars in free silver Genesis goold ira dot com. I'd 26 00:01:47.239 --> 00:01:49.799 like to help protect your IRA today with a simple phone call. Learn more 27 00:01:49.879 --> 00:01:55.079 and get the phone number at Genesis goold ira dot com. That's Genesis, 28 00:01:55.079 --> 00:01:59.079 goold ira dot com. Thanks for listening to the John and Heidi Show Bonus 29 00:01:59.079 --> 00:02:01.200 hour on a Monday. Excited to have Brent Baker join us once again, 30 00:02:01.239 --> 00:02:04.959 and we try to do this each Monday. A little real estate update, 31 00:02:05.319 --> 00:02:08.840 and last week we were talking about the top real estate myths of twenty twenty 32 00:02:08.879 --> 00:02:14.360 three, And we had the first three talking about getting pre approved. That 33 00:02:14.439 --> 00:02:17.080 is important to get improved. School districts do matter, even if you don't 34 00:02:17.080 --> 00:02:22.719 have kids. And then the agents are not only showing their listings, but 35 00:02:22.759 --> 00:02:25.919 they're showing everybody's listening. So these are the things that we debunked those But 36 00:02:27.000 --> 00:02:32.960 what is real estate myth number four? When making an offer, buyers have 37 00:02:34.000 --> 00:02:37.680 a tendency they want to kind of hit the seller at the knees, so 38 00:02:37.759 --> 00:02:42.560 to speak, you know, and everybody wants a bargain. However, when 39 00:02:42.599 --> 00:02:46.879 it comes to a house, that's a very personal thing. Yeah. I 40 00:02:46.919 --> 00:02:49.960 always use the example, if we all go home, put our pickups on 41 00:02:50.039 --> 00:02:53.639 marketplace, somebody comes in with a low offer, we're not offended. We 42 00:02:53.719 --> 00:02:57.919 may love that pick up, but we're not offended. It's not as personal. 43 00:02:58.120 --> 00:03:00.280 It's not as personal. But in a home where a seller has had 44 00:03:00.759 --> 00:03:06.960 birthday parties, anniversary gatherings, all sorts of events, this is kids have 45 00:03:07.039 --> 00:03:14.159 grown up there, correct, So it's really hard to separate personal emotions from 46 00:03:14.199 --> 00:03:16.439 the business side of it. So, and that's the difference between a house 47 00:03:16.479 --> 00:03:20.039 and a home. When you're buying a house, you're buying a house I'm 48 00:03:20.039 --> 00:03:23.199 selling a home, correct, you know, but when you're buying or selling 49 00:03:23.199 --> 00:03:24.919 a truck, it's steal a truck. Well, and then once it get 50 00:03:24.919 --> 00:03:30.000 insulted, they kind of dig their heels in and you probably could have negotiated 51 00:03:30.120 --> 00:03:34.039 a better price if you'd just started a little bit higher, and they'd have 52 00:03:34.080 --> 00:03:37.479 been a little more flexible. Yeah, so shooting a low ball offer is 53 00:03:37.479 --> 00:03:40.159 not a great idea, not unless it's a wreck of a house that just 54 00:03:40.159 --> 00:03:45.159 can't be financed in any way, shape or form Alright, real estate myth 55 00:03:45.240 --> 00:03:50.879 number five, let's talk about that one. Starting your house out high. 56 00:03:50.039 --> 00:03:53.599 Oh so, quite often as seller will say, well, you know they're 57 00:03:53.639 --> 00:03:55.280 going to make an offer anyway, so I need to start high. And 58 00:03:57.280 --> 00:04:00.840 that's a great theory. Maybe it comes from watching auctioneers and so forth. 59 00:04:01.520 --> 00:04:06.439 However, if you start high, you limit the traffic because one, you 60 00:04:06.520 --> 00:04:11.639 look like you don't really understand the value of your home or that you're not 61 00:04:11.800 --> 00:04:16.120 really negotiable. And then if it sits there too long at that high price, 62 00:04:16.199 --> 00:04:18.680 the next thing you know, now it's been on the market so long, 63 00:04:18.720 --> 00:04:23.160 people are going, what's wrong with this place? That's exactly it. 64 00:04:23.360 --> 00:04:28.279 And a lot of people are. And I asked that question quite often when 65 00:04:28.279 --> 00:04:31.319 you see a house sitting on the market, what you think, and they 66 00:04:31.360 --> 00:04:36.480 instantly reply, what's wrong with it? And there may not be anything physically 67 00:04:36.600 --> 00:04:42.319 wrong with it, But when they're shopping online and they look at those pictures 68 00:04:42.399 --> 00:04:46.160 and they say, that doesn't price doesn't seem to match the house. If 69 00:04:46.199 --> 00:04:50.560 they don't cross the threshold, they won't cross your palm with an offer. 70 00:04:50.800 --> 00:04:58.879 Absolutely, So real estate myth number six, What would that be? That 71 00:04:58.959 --> 00:05:01.920 you always make money your renovator home? Oh, so that it doesn't always 72 00:05:01.920 --> 00:05:05.720 make sense to stick money into renovating it. No, it doesn't. My 73 00:05:05.839 --> 00:05:11.000 dad's saying was you make money the day you buy the calf, not the 74 00:05:11.079 --> 00:05:14.720 day you sell the fat steer. There you go, and that's really true. 75 00:05:15.639 --> 00:05:19.879 In some renovations just don't really add value. They may look nice or 76 00:05:19.920 --> 00:05:27.759 they may appeal to you, but if they're too personal, yeah I've seen 77 00:05:27.800 --> 00:05:30.439 that, yep. Or they'll come in and they'll paint it some weird, 78 00:05:30.519 --> 00:05:32.240 wild color that they loved. But then now you're looking at it going, 79 00:05:32.319 --> 00:05:38.560 oh, I don't love this color. Yeah, And you know you'd say, 80 00:05:38.560 --> 00:05:42.800 well, it's just this, or it's just that but remember the buyer 81 00:05:42.879 --> 00:05:46.000 may not feel that way. You don't know the psychology of your buyer. 82 00:05:47.000 --> 00:05:51.639 And like I say, and more money spent isn't always better yea. At 83 00:05:51.639 --> 00:05:56.439 some point you're just doing the renovations for somebody else to enjoy. Yeah, 84 00:05:56.480 --> 00:05:58.959 And it would almost be better to let them do it the way they want 85 00:05:59.000 --> 00:06:01.639 to do it. Yeah. So what is real estate? Myth Number seven? 86 00:06:02.959 --> 00:06:08.160 If it looks good, it's probably in great shape. Or if the 87 00:06:08.160 --> 00:06:11.680 house looks good as you walk through, you probably don't need an inspection. 88 00:06:14.120 --> 00:06:16.519 After a while walking through houses, you'll get a feel for witch houses have 89 00:06:16.639 --> 00:06:20.759 been well cared for over the time, and the which ones have literally got 90 00:06:20.839 --> 00:06:25.399 lipstick on the pig. Yeah. And the other thing is they age. 91 00:06:26.120 --> 00:06:29.839 Even well maintained homes are going to have little things show up that a homeowner 92 00:06:29.959 --> 00:06:33.040 may not notice, you know, the things in the attic or something behind 93 00:06:33.040 --> 00:06:39.240 the water heater or whatever the case may be. A home inspection is just 94 00:06:39.680 --> 00:06:42.720 piece of mind for the buyer. And there might even be things the seller 95 00:06:42.800 --> 00:06:46.399 doesn't know about. Correct, you know that they discover something that oh, 96 00:06:46.439 --> 00:06:48.360 I didn't realize that was even happening. So it's always a good idea to 97 00:06:48.360 --> 00:06:53.920 have that done correct, and you know it costs a few hundred dollars. 98 00:06:53.959 --> 00:06:58.240 But on the other hand, you're buying an insurance policy with that to some 99 00:06:58.319 --> 00:07:02.120 degree, because no, you have no knowledge that you don't gain just walking 100 00:07:02.120 --> 00:07:05.399 through a house. Nice. Gonna bust some more myths next week, but 101 00:07:05.519 --> 00:07:09.959 I think we've busted quite a few this week. Again, if somebody listening 102 00:07:10.040 --> 00:07:12.480 is going, hey, I'm maybe in the market to sell a home or 103 00:07:12.480 --> 00:07:14.240 they're in the market to buy a home, Brent, how do they get 104 00:07:14.279 --> 00:07:17.920 a hold of you? I can be found at six zero five three one 105 00:07:18.079 --> 00:07:26.879 zero zero two nine seven or Brent Baker at kW dot com. Again Brent 106 00:07:26.959 --> 00:07:30.399 Baker, and you can also find him online. The website is clients FirstGroup 107 00:07:30.560 --> 00:07:33.680 dot com. How much do you pay for your cell phone every month? 108 00:07:33.839 --> 00:07:39.240 If that's more than fifteen bucks, it's time for a mintervention. Mintmobile makes 109 00:07:39.240 --> 00:07:43.199 it affordable and easy to switch get a new phone or bring a current one. 110 00:07:43.319 --> 00:07:46.959 Whether you're a fan of iPhones or Samsung, they both work well with 111 00:07:46.079 --> 00:07:50.399 Mintmobile. At mintervention dot com, you can see the current special offers from 112 00:07:50.399 --> 00:07:56.279 Mintmobile, offering premium wireless for just fifteen dollars a month. That's far less 113 00:07:56.319 --> 00:08:00.560 than most people are paying just fifteen dollars a month. Learn more now at 114 00:08:00.600 --> 00:08:05.639 mintervention dot com. Time out for This Day in Sioux Falls History brought to 115 00:08:05.680 --> 00:08:09.199 you by the Sioux Falls Fund Page, West Sioux Studios and Sunny ninety three 116 00:08:09.279 --> 00:08:13.040 point three. It was on this day, September eleventh, eighteen ninety four, 117 00:08:13.079 --> 00:08:18.120 the first hospital in Sioux Fall's history opens its doors. It was called 118 00:08:18.160 --> 00:08:22.399 Sioux Falls Hospital, operated out of a rented house near Covil Lake in a 119 00:08:22.439 --> 00:08:24.639 time when doctors still made house calls. The hospital was a place that you 120 00:08:24.720 --> 00:08:28.519 only went when you were really, really, really sick. Unfortunately, that 121 00:08:28.639 --> 00:08:33.759 also made it a place where many people passed away from their serious diseases or 122 00:08:33.799 --> 00:08:37.480 infections, giving the hospital a bad reputation as the place you go to die. 123 00:08:37.679 --> 00:08:41.600 It would take years to rehabilitate that image, and it's still confidence in 124 00:08:41.600 --> 00:08:46.120 the community to come in for regular checkups at the Sioux Falls Hospital. Eventually, 125 00:08:46.200 --> 00:08:52.759 Avera Dunham's Home Hospital and Mose Hospital in downtown Sioux Falls would win over 126 00:08:52.799 --> 00:08:56.720 the public. Sioux Falls Hospital would grow to become Sioux Valley Hospital and eventually 127 00:08:56.840 --> 00:09:01.039 change its name once again to Sanford Health. This day in Sioux Falls History 128 00:09:01.120 --> 00:09:05.960 has been brought to you by the Sioux Falls Fun Page, West Sioux Studios 129 00:09:05.120 --> 00:09:09.960 and Sunny ninety three point three. Why did the Chicken cross the road to 130 00:09:11.039 --> 00:09:13.600 save money on insurance? At insurance chicken dot com? Do you have the 131 00:09:13.600 --> 00:09:18.519 best plan for you? Find out at insurance chicken dot com. Let's face 132 00:09:18.559 --> 00:09:22.440 it, we don't even want insurance. We need it, but you don't 133 00:09:22.480 --> 00:09:26.320 need to overpay. Head over to insurance chicken dot com to see your rates 134 00:09:26.360 --> 00:09:31.159 from several different companies, all available in one place at insurance chicken dot com. 135 00:09:31.200 --> 00:09:33.879 The other guys have a get Go, a duck, and an EMU. 136 00:09:33.120 --> 00:09:37.960 Why not a chicken insurance chicken dot com. That's insurance chicken dot com.