Top 3 Real Estate Deal Killers In Utah-how buyers can avoid them
Top 3 Real Estate Deal Killers In Utah-how buyers can avoid them Pretty explanatory right? We see real estate deals come to fruition (like that word, makes me seem smart) all the time, but occasionally we have the dreaded “DEAL KILLER” that rears its ugly head and the transaction falls apart. Here are the top 3 deal killers and how buyers can avoid them (well, sellers can too, but this is mainly for buyers). 1. The Appraisal Comes In Low!Search For Homes In Murray Now, most buyers would be doing the happy dance over this one because the natural assumption in this deal killer...
Read MoreAh, Utah Is Gettin Good For Real Estate!
Ah, Utah Is Gettin’ Good For Real Estate! This weeks podcast from Utah Association of Realtors has some good news! Watch it…it’s only 2 minutes! Here Is What’s Important For You To Know: The forecast is for housing to appreciate by 5% in the Salt Lake Valley beginning next year and continuing into 2013 Housing may dip a little more in 2011 (this is mostly due to other foreclosures coming on the market). What does this mean for buyers? The time of declining prices is just about over. If you are thinking of buying, nows the time. Utah...
Read MoreWe Think We’re Going To Believe Grandpa
Now, we would love you to believe that we write EVERYthing that goes into this blog…but in this case, this post comes from the KCM Crew at www.keepingcurrentmatters.com and it has such great thoughts, we are reposting with thier kind permission. We Think We’re Going to Believe Grandpa by The KCM Crew on March 22, 2011 · 2 comments There are those currently debating the financial advantages of owning a home. Some are looking at studies and reporting that homeownership has never really been a great investment. One of these people is Jack C. Francis, a former Federal Reserve...
Read MoreHow Much Money do I need to buy a home?
How Much Money Do I Need To Buy A Home? One of the first questions first time homebuyers always ask is how much money does it take to buy a home? Short answer: $1,000,000….just kidding, that should get the old heart beating. homes for 1st time homebuyers in Salt Lake City, UT First of all, and I know you know this, but just in case….you don’t buy a house with cash, well, most of us don’t. Those of you living in the real world will have a mortgage on your first home, so the bank is in partnership with you. The mortgage issued by the bank on your home will take care of the majority...
Read MoreCity Grants For 1st Time Homebuyers
One of the hardest parts of buying your first home is getting the money you need for down payment. Usually 3.5 % for FHA loans and 5-20 % for conventional. On a $200,000 home that is $7000 to $40,000 depending on the type of loan you have. Pocket change sez you…ha ha sez I (no, I don’t know what that means, I just wanted to be a pirate for a second). Now if that is scaring you off of buying a home, don’t cry little buckaroo. There are programs available especially for first time homebuyers that will help you with the money for down payment that you need. These are...
Read MoreTop 10 Reasons To Buy vs Rent
Top 10 Things You Can Do With A Home That You Can’t Do In An Apartment Now, I know that you get bombarded with all the reasons to buy a home rather than rent, and most of them are legitimate and logical, but there are some other things for you to consider. So….here is My Top 10 list! 10. Build an under the stairs play area for your kids. I can’t tell you how cool that is to watch my grand-kids playing in the little house that their dad built them under the stairs in their home. 9. Have a naked room. Ok, we stole this from “Failure To Launch” but you probably don’t...
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