You're listening to the John and Heidi Show Bonus Hour. If you miss any of the program, you can find the podcast at the bottom of the page at Donny radio dot com. Give yourselfone credit. It's the most wonderful time of the year that it can also be expensive. Are you still paying for last year's Christmas gifts? Maybe you need better credit cards. We'd love to help at better credit cards dot com. Find a card that's a better fit
for your needs. Some like cards with points or miles, Others just want a lower rate. Find what you're looking for at better credit Cards dot com. Goods dot com. Good morning. Thank you so much for listening to the John and Heidi Show on Christmas morning. We appreciate you joinings now. If you're looking for some Christmas music this morning, we do that on our sister station, Snowy Radio dot com. It's a commercial free Christmas channel and
you can listen to that to have all the Christmas music you want. And if you're kind of the point where you're like, I'm done with Christmas, if you just keep on listening here, we don't play any Christmas at all locally. Now you might hear something tonight during Tony Loreino's Throwback Nation Radio. He chooses his own music, that's up to him. But again, if
you're looking for Christmas music, Snowy Radio dot com. And a big thank you to Chantell Olsen Broker associate from a Maristar Real Estate, Folly's Heating and air Conditioning of Sue Falls, Roger Kasa Junior with will Cox and Insurance of Sue Falls Serve pro of Sue Falls Mini Critters two locations in Sioux Falls,
and also suit Falls trim Light and Sue Fallscomedy dot com. And a big thank you to all of those sponsors for helping us have a commercial free Christmas channel so when you listen, it's just Christmas music and we do that every year. Here's the thing that's amazing. All of the sponsors I just mentioned they were sponsors last year as well. We haven't had an open spot on there for several years. So if you're interested in being a sponsor, reach
out. I'll see if we can find a place for you. But right now, like I said, we have no room for additional sponsors because the ones we work with have been very very very happy, which makes me very very very happy. So thank you for listening to Snowyradio dot com for your commercial free Christmas music, and thanks for listening this morning right here on Sunny Radio. We've got Brent Baker joining us here in a moment, and then we'll have this day in Sioux Falls History, and then I'm so excited to
visit at the end of this hour with Dianecannon. She is our guest for this movie Star Monday that happens to land on Christmas Day? Do you cringe when you get your mobile phone bill? Mintmobile can help just fifteen dollars a month for premium wireless give your family am intervention. Mint Mobile makes it easy to switch, get a new phone, or bring your current phone to mint Mobile. At intervention dot com you can see the current special offers for mint
Mobile, offering premium wireless for just fifteen dollars a month. That is far less than most people are paying just fifteen dollars a month. Learn more now at mintervention dot com. That's mintervention dot com. Thanks for listening to the John and Heidi Show. Very excited to have Brent Baker joining us once again with a little real estate update. And we recently started going through a list of realator terms and things that maybe you'll hear a realtor talk to you about.
And you're going, what in the world do these things mean? And what is the next term on our list? Here, Brent deed our first letter D. So this is what is like a title on a car in South Dakota. We are a titled state. It's called a deed. And so that is what's transferring. And that's that's basically a piece of paper explaining this is what you own. All of the information, the legal information of what you actually own with this property correct, it's recorded at the courthouse.
This is what John and Heidi have purchased. Here's their so called license. Nice to live there. Default an unpleasant word, a whole different D. It's a whole opposite D. It is when as the title people, I'll say, if you pay, you stay. Yeah. If you don't pay, you don't stay, you default. You have defaulted on your mortgage and
at some point you will be moving. Depreciation depreciation we typically associate with commercial properties or commercial equipment, but a home can depreciate if you don't maintain it. It depreciates in its value because you didn't keep the sighting painted you didn't replace the shingles as needed, the gutters are falling off, the property is
depreciating, it's just not being taken care of. Yeah. Disclosures, So when you're buying an occupied home or a home that has been previously occupied, there are disclosure statements and it is just simply what has happened during the tenure of the current owner, and you, as a buyer, want to read those disclosure statements to see if they've had insurance claims, insurance fail, have they had problems with the septic It's a long In South Dakota, it's essentially
five pages. But then you might have for a rural property, you might have a well disclosure. And so where I work in Minnesota, Minnesota requires a well disclosure and a septic disclosure, a meth disclosure. They have disclosures to see if you change your underwear on the right day. But you do want to read those because sometimes there's little tidbits in there that are interesting. Dome payment, so this is not between you and the realtor. This is
between you and the lender. If you're going to get a mortgage, the lender needs to know what you're going to put down and there are no down payment mortgages available, but it is that percentage of the total purchase price that you're putting down. Nice. I think most people are familiar with that one. I would hope so. And the more you put down, the lower your payment will be. Nice. Earnest money deposit sometimes referred to as skin
in the game. So earnest money is what you are putting down at the time of your agreement. When you reach an agreement. It is not a part of it's not your down payment. How earnest money came about, and this is a little bit of a long story, but years ago, people would write multiple offers on properties, all at the same time, and then whichever one accepted their offer, or several people accepted their offer, they go,
I want that one, not that one. And the problem was everybody thought they were under contract, but the reality is the buyer picked a different house, and so to eliminate that, they created earnest money. And because that money will get deposited within one or two business days of reaching an agreement, and so that put a stop to the multiple offers and just leaving people
hang. Yeah, yeah, that's not very fair to do it the other way so no, and these poor sellers were thinking they were moving forward with something and maybe went out and bought another house only to find out or turned turned away another offer. Correct, So this keeps everybody honest ish hopefully so. Encroachment and encroachment is typically something we see in older parts of towns.
But occasionally somebody puts up a fence and they didn't put it up on their side of the property line, so now it's encroaching on the neighbor's property. Older parts of town we see fences, garages, sometimes driveways. In other areas you might see landscaping where they just went too far. They didn't know
where the property line was and they didn't stay within their boundary. It is also a very vertical line, not purely hard, so if the eve of an adjoining property owner's building or house hangs over that line, that is also an encroachment. Very nice, and again I think this would be a very good place to take a break, and we'll come back next week and we'll work our way through the list. Brent. If somebody would like to reach out to you this week, what is the best way to get a hold
of you. You can find me at Brent Baker at kW dot com or my number is six zero five three to one zero zero two nine seven. Very nice. You can also find him online at clients FirstGroup dot com. Give yourself. It's the most wonderful time of the year that it can also be expensive. Are you still paying for last year's Christmas gifts? Maybe you need better credit cards. We'd love to help at better credit Cards dot com. Find a card that's a better fit for your needs. Some like cards
with points or miles, Others just want a lower rate. Find what your we're looking for at better credit cards dot com. Good credit Cards. Time out for this day in Seux Falls History, brought to you by the Sux Falls Fund Page, West Sioux Studios and Sonny ninety three point three. It was on this day, December twenty fifth, eighteen seventy eight, that the
Old Germania Hall was open to the public. The walls of the Old Germania Hall could probably have shared so many tales from the early days of Sioux Falls. The building once stood where the old City Hall building is today, but there's no doubt the early holiday parties were quite an event. Three state constitutional conventions and many city events, dances and formal balls all once called Germania Hall
Home. This day in Sioux Falls History has been brought to you by the Seux Falls Fund, Page, West Sioux Studios and Sonny ninety three point three. Do you cringe when you get your mobile phone bill? Mint Mobile can help just fifteen dollars a month for premium wireless, give your family an intervention. Mint Mobile makes it easy to switch get a new phone or your current
phone to mint Mobile. At mintervention dot com you can see the current special offers for mint Mobile, offering premium wireless for just fifteen dollars a month. That is far less than most people are paying just fifteen dollars a month. Learn more now at mintervention dot com. That's mintervention dot com. Hey,
this episode of The John Nheidi Show Bonus Hour is done. Now. There are times during the Bonus Hour I'll mention something from our regular program, The John and Heidi Show, which is syndicated on like three hundred stations around the country. There's actually a podcast for that as well. So if I mentioned something, they're going, hey, whatever happened he didn't talk to that person, or this didn't happen. That didn't happen You can find that podcast at
John and heidishow dot com. Thanks for listening to The John and Heidi Show Bonus Hour