Salt Lake Foreclosure @Suncrest, Draper UT - $77.31 per square foot.
Located in the Alpine School District (84020) at Eagle Crest in Draper Utah, (Utah County) this Bank Owned REO is well located for commuting to work in Provo UT, or Salt Lake City, as well as areas in South Jordan, Herriman, and Bluffdale Utah, and Sandy UT.
This 4 year old stone and stucco Draper home is NOT a SHORT SALE: It is Bank Owned, & ready to close immediately. Some of the outstanding features in this SL Home are.
SPRINKLER SYSTEM
MOUNTAIN & VALLEY VIEWS
$77.31 PER SQ. FT.
FULL DAYLIGHT BASEMENT
BASEMENT ENTRANCE
FULL BLINDS
PARK
PLAYGROUND
SWIMMING POOL
3 CAR GARAGE
This beautiful Draper Bank Owned home for sale In Salt Lake has been on the market only 10 days.The lender would like an offer on this MLS listing, and we'd like to make one. I'd say $275,000 could be a winner.
If You are not looking for a home in Draper, but a foreclosed home or pre-foreclosures in Salt Lake is of interest we can help.
To find articles and information about Salt Lake Real Estate, including how to buy a house or condo in SLC visit our website, or our Real Estate Blog. We update daily, so come back often.
Or you can just call us @ 801-567-0946 and talk about Real Estate or Salt Lake Foreclosures @ Suncrest In Draper UT.
Buying a home in Salt Lake Is A Good Investement !
Buying a Home or Condominium in Salt Lake is still a good investment.
That's according to "The Presidents Message" that Chris, our outgoing UAR president published in the Salt Lake Tribune a couple of weeks ago.
You may have missed it, with all the Real Estate news being about the end of the local Home Run 2 home financing grant and the beginning of a new $8,000 first time home buyer federal tax incentive.
Chris made some very valid points that I thought might help someone, as they decide whether or not now is the time to look at Salt Lake Homes for Sale.
For example:
The rate of return on a housing investment also increases the longer it is held, according to Harvard University's Joint Center for Housing Studies. For example, an owner with a 10 percent down payment whose home appreciates at an annual rate of 5 percent generally will receive a 94 percent return on that cash after owning the home only three years. After owning for five years, the return on the down payment increases to 225 percent. After 10 years, the rate of return jumps to 623 percent.
Since World War ll, home prices have appreciated about 4% per year.
Home Owners enjoy appreciation of the entire house value while only investing a small per cent of cash.
Home Owners can deduct Mortgage Interest and Taxes paid from Taxes owed.
Rental payments can increase year after year. A fixed rate mortgage remains the same over time.
Buying a home in Salt Lake City can provide a sense of stability and security.
To discover other reasons why buying a Salt Lake home is a good investment stop by our website @ Salt LakeReal Estate or subscribe to our blog, SLC Home Buying Info.
If you want to search for homes for sale in Salt Lake City , you can find over 9,000 home listed on the MLS in one spot. It's free, It's current, and will let you see prices of Condos in Murray UT, directions and maps to New Homes @ Daybreak in South Jordan, Horse property or foreclosures in Herriman Utah, or town homes in West Jordan Utah..
Or you can just pick up the phone, and call us to talk about Utah Real Estate, or why buying a home in SaltLake City is a good investment.
Salt Lake Foreclosures For Sale in Willow Creek-Sandy Utah
Bank Foreclosure
• 9 BEDROOM- 6 BATH MLS®$469,900
Willow Creek, Sandy City Utah ! - Bank Owned, In secluded area of Salt Lake City UT.
This Brick, Redwood & Cedar home, buried in seclusion just a few miles from the center of Salt Lake City has over 8,000 finished SQ.FT. IS NOT A SHORT SALE:This Willow Creek Home in Sandy UT is a Bank OwnedForeclosures that sits on almost seven tenths of an acre of privacy & seclusion. Great for forts and playing make believe.
The full landscaping of this Foreclosed Home in the Willow Creek neighborhood of Sandy Utah, is mature with fruit trees placed around the large property and secluded yard. Water features and elevations make this one of the homes to look at as you search for the perfect house for your large family.
8,000 FINISHED SQ. FT.
9 BEDROOMS
6 BATHS
DEN/OFFICE
VAULTS THRUOUGHT
SKYLIGHTS
3 FIREPLACES
GARAGE-XTRA HEIGHT - XTRA DEPTH
BASEMENT 80% FINISHED
.69 ACRES
In April of 2006, this Bank Owned Foreclosure was listed on the MLS for $860,000 Dollars.
Today, the Bank says "sell this REO for $469,000 Dollars". That's only $ 57.27 per finished sq ft.
If you are a serious SLC Home Buyer, this Willow Creek REO is worth looking at. Put it on your list and give us a call this weekend for a showing. 801-567-0946.
To find out more about buying homes owned by the bank we have a website, that is devoted to Salt Lake RealEstate. Stop by and take advantage of links to articles, blogs, and other useful house hunting tools.
Or you can call to set up an appointment to see that Salt Lake Foreclosures for Sale In Willow Creek-SandyUtah. 801-567-0946.
Published Thursday, November 05, 2009 12:13 PM by Corie Seymour
If West Valley City is not where you are looking for a new home or condominium, you can find houses for sale in all the cities that make up the Salt Lake Metroplex by clicking on Salt Lake Homes For Sale.
You can search for Condos in Murray UT, New Homes @ Daybreak in South Jordan, Luxury homes in Sandy UT and Draper or Townhomes in West Jordan.
Wondering how to take advantage of foreclosures in Salt Lake and Pre-Foreclosures (short sales) around the Valley.? Go to SLC Real Estate Informationcheck out the blogs and information about how to negotiate this home buyers market.
Or you can just call us @ 801-567-0946 to schedule an appointment to see Salt Lake Foreclosures in WestValley Utah.
Published Wednesday, November 04, 2009 2:50 PM by Corie Seymour
The extension of the Home-buyers Tax Credit in Salt Lake City and around the country has been a hot potato this week.
Homebuyers across the Valley were trying to rush lenders to close on time to avoid a possible $8,000 loss at the closing table.
Buyers and sellers of Salt Lake foreclosures and pre-foreclosures (short sales) were the most agitated as the end of the month deadline seemed to speed up as the short sale negotiator didn't increase the typical snails pace at which they returned calls to Utah Realtors.
Believe me, it was a mess!!!
But,............According to our friend and associate Doug Walker @ Republic Mortgage the wait is over, and we can all lean back, relax, and wait for the next crisis.
This is an update I just received from Doug.
Homebuyer Tax Credit Update!
On November 6, 2009, President Obama signed a bill to extend the tax credit for first-time homebuyers (FTHBs) through June 30, 2010. The bill also opens up opportunities for others who are not buying a home for the first time.
To learn what the new tax credit means to you and your clients, take a look at the concise overview below.
In addition, we've put together a script featuring wording you can cut and paste as needed to beat out your competition by connecting with clients who may be able to benefit from the new plan details!
TAX CREDIT OVERVIEW
Who Gets What?
First-Time Homebuyers (FTHBs): First-time homebuyers (that is, people who have not owned a home within the last three years) may be eligible for the tax credit. The credit for FTHBs is 10% of the purchase price of the home, with a maximum available credit of $8,000
Single taxpayers and married couples filing a joint return may qualify for the full tax credit amount.
Current Owners: The tax credit program now gives those who already own a residence some additional reasons to move to a new home. This incentive comes in the form of a tax credit of up to $6,500 for qualified purchasers who have owned and occupied a primary residence for a period of five consecutive years during the last eight years.
Single taxpayers and married couples filing a joint return may qualify for the full tax credit amount.
What are the New Deadlines?
In order to qualify for the credit, all contracts need to be in effect no later than April 30, 2010 and close no later than June 30, 2010.
What are the Income Caps?
The amount of income someone can earn and qualify for the full amount of the credit has been increased.
Single tax filers who earn up to $125,000 are eligible for the total credit amount. Those who earn more than this cap can receive a partial credit. However, single filers who earn $145,000 and above are ineligible
Joint filers who earn up to $225,000 are eligible for the total credit amount. Those who earn more than this cap can receive a partial credit. However, joint filers who earn $245,000 and above are ineligible.
What is the Maximum Purchase Price?
Qualifying buyers may purchase a property with a maximum sale price of $800,000.
What is a Tax Credit?
A tax credit is a direct reduction in tax liability owed by an individual to the Internal Revenue Service (IRS). In the event no taxes are owed, the IRS will issue a check for the amount of the tax credit an individual is owed. Unlike the tax credit that existed in 2008, this credit does not require repayment unless the home, at any time in the first 36 months of ownership, is no longer an individual's primary residence.
How Much are First-Time Homebuyers (FTHB) Eligible to Receive?
An eligible homebuyer may request from the IRS a tax credit of up to $8,000 or 10% of the purchase price for a home. If the amount of the home purchased is $75,000, the maximum amount the credit can be is $7,500. If the amount of the home purchased is $100,000, the amount of the credit may not exceed $8,000.
Who is Eligible fort FTHB Tax Credit?
Anyone who has not owned a primary residence in the previous 36 months, prior to closing and the transfer of title, is eligible.
This applies both to single taxpayers and married couples. In the case where there is a married couple, if either spouse has owned a primary residence in the last 36 months, neither would qualify. In the case where an individual has owned property that has not been a primary residence, such as a second home or investment property, that individual would be eligible.
As mentioned above, the tax credit has been expanded so that existing homeowners who have owned and occupied a primary residence for a period of five consecutive years during the last eight years are now eligible for a tax credit of up to $6,500.
How Much are Current Home Owners Eligible to Receive?
The tax credit program includes a tax credit of up to $6,500 for qualified purchasers who have owned and occupied a primary residence for a period of five consecutive years during the last eight years.
Can Homebuyers Claim the Tax Credit in Advance of Purchasing a Property?
No. The IRS has recently begun prosecuting people who have claimed credits where a purchase had not taken place.
Can a Taxpayer Claim a Credit if the Property is Purchased from a Seller with Seller Financing and the Seller Retains Title to the Property?
Yes. In situations where the buyer purchases the property, even though the seller retains legal title, the taxpayer may file for the credit. Some examples of this would include a land contract or a contract for deed.
According to the IRS, factors that would demonstrate the ownership of the property would include:
1. Right of possession, 2. Right to obtain legal title upon full payment of the purchase price, 3. Right to construct improvements, 4. Obligation to pay property taxes, 5. Risk of loss, 6. Responsibility to insure the property, and 7. Duty to maintain the property.
Are There Other Restrictions to Taking the FTHB Credit?
Yes. According to the IRS, if any of the following describe a homebuyer's situation, a credit would not be due:
They buy the home from a close relative. This includes a spouse, parent, grandparent, child or grandchild. (Please see the question below for details regarding purchases from "step-relatives.")
They do not use the home as your principal residence.
They sell their home before the end of the year.
They are a nonresident alien.
They are, or were, eligible to claim the District of Columbia first-time homebuyer credit for any taxable year. (This does not apply for a home purchased in 2009.)
Their home financing comes from tax-exempt mortgage revenue bonds. (This does not apply for a home purchased in 2009.)
They owned a principal residence at any time during the three years prior to the date of purchase of your new home. For example, if you bought a home on July 1, 2008, you cannot take the credit for that home if you owned, or had an ownership interest in, another principal residence at any time from July 2, 2005, through July 1, 2008.
Can Homebuyers Purchase a Home from a Step-Relative and Still be Eligible for the Credit?
Yes. As long as the person they buy the home from is not a direct blood relative, the purchase would be allowed.
If a Parent (Who Will Not Live In The Property) Cosigns for a Mortgage, Will Their Child Still be Eligible for the Credit?
Yes, provided that the child meets the other requirements for the tax credit.
So, now your up to date thanks to Doug.
If you think you might like to take advantage of the Tax Benefit
but don't know how much home you qualify for, give Doug a call @ 801-302-7220.
To search for homes for sale in the Salt Lake City metroplex stop by our website @ Salt Lake Homes For Sale.You will find photos of homes and Condominiums, Maps and directions, and prices on SLC homes listed on the MLS.
Or you can give us a call at 801-567-0946 and talk with us about the Homebuyers Tax Credit in Salt Lake City, and around the country.
Salt Lake Foreclosures In The Highlands,@ South Pointe, Draper Utah
This marvelous, Foreclosed Draper UT Luxury Home is located in zip code 84020, just 20 miles south of downtown Salt Lake City.
Draper Utah is one of the few cities that is part of two Metropolitan areas. Home buyers have options about where they work if they live in any one of the fine new communities in Draper .
Commuting time is about the same from the Utah Metro area, as it is to the Salt Lake City Metroplex.
During the 90s, Draper was the fastest growing Utah City of over 5,000 people, going from 7,143 people in 1990 to over 25,000 by 2008.
The Highlands @ South Pointe is one of many developments built and designed to support that growth.
Draper Utah in Salt Lake County borders Riverton UT, Bluffdale on the West, South Jordan on the Northwest, and Sandy on the North.
SOME OF THE OUTSTANDING FEATURES OF THIS BANK OWNED HOME IN DRAPER UT !
Solid Wood Custom Cabinets
Main Floor Bedroom
Italian Tile Shower & Tub
Huge open loft-Family Room up
Quick Response Time
Central Vacuum
Sprinkler System
Outdoor Lighting
Covered Patio
ONLY $68.48 PER SQ.FT.
This South Pointe Home Is Not A Short Sale or Pre-Foreclosure. This Home Can Close Quick !
If Draper is not where you would like to Buy your New Home or Condominium, you can search over 9,000 Salt Lake Homes @ our SLC House Search Site. Get home prices, directions and maps to Condos, Town-Homes and homes of interest. You'll find plenty of photos to help decide which homes for sale you want to visit.
For information aboutForeclosures and Pre-Foreclosures in the SL Valley hook up with Corie'sblog about RealEstate, with tips and articles to help make the home buying process easier.
Need an Agent?
Check out our website SLC Real Estate and see how we feel about this business.
Or you can call us @ 801-567-0946, We'd love to talk about Salt Lake Foreclosures For Sale In Draper Utah.
This 6 bedroom 3 bath Salt Lake City Rambler is a handyman special for the guy who is good with a hammer and paint brush or SLC Home buyers that have heard of the FHA 203 K Mortgage loan and want to refurbish the house before they move in.
This SLC Homes For Sale Is A Foreclosed Home, Not A Short Sale or Pre-Foreclosure.
With six bedrooms, this foreclosure will sleep a lot of folks, and at just $63.80 per finished sq.ft. could be a great investment property as well as a family home with instant equity. This West Valley City Bank Owned Home was listed just about 2 years ago for over $289,000 dollars.
OPEN WITH SPACIOUS ROOMS
FULLY FENCED
SPRINKLER SYSTEM
VAULTED CEILINGS
PATIO
OPEN PORCH
MASTER BATH
FULLY FINISHED BASEMENT
HARDWOOD FLOORS
2 CAR ATTACHED GARAGE
R V PAD
For a more detailed information sheet on this listing, give us a call @ 801-567-0946 or send us an email.
Not interested in West Valley City Homes for sale, but looking for a Salt Lake home to buy ?
You can search over 8,000 Salt Lake City UT Homes For Sale @ SLC Homes. You will get Prices on Houses and Condominiums in Salt Lake, photos of Houses, Townhomes, and Condos w tours and Maps directions and neighborhood info that you need.
Or you can just call us @ 801-567-0946 and talk about anything to do w/ Real Estate or Salt Lake Foreclosures in West Valley City. Maybe a Foreclosed Rambler!
New Homes In Salt Lake City @ Highbury In West Valley !
There not just NEW HOMES inSalt Lake City, they are IVORY new homes @ Highbury in West Valley.
That makes a big difference.
Ivory homes Isn't just about building New Homes, Town homes, & Condominiums in Utah, they build communities.
Ivory Homes builds quality neighborhoods that maintain the value of a families greatest investment.
Last weekend there was a ribbon cutting ceremony at a marvelous new project in West Valley City, I hope you were there, for the train rides, canoeing fun, Hay rides and Dessert bar.
If not, call us we'll give you a ride, next Saturday. I don't know if all the giveaway's will still be in place, but it's worth the time.
I was impressed, as i usually am with an Ivory opening.
Highbury @ Lake Park shows West Valley Homes for sale in a totally new light, and a newly decorated 4,000 sq. ft. Model Homes presents Ivory Homes @ it's best.
As usual Ivory has built a community within a community and if you you are looking for Townhomes in the $180s, or New homes for sale from the $240s you need to get out to Highbury SOON!
REMEMBER:
$8,000 Federal Tax Gift + $8,000 Match From Ivory +$4,000 State Grant = $20,000 Savings.
The new golf course clubhouse is under construction, giving even more value to the 18 New Golf Course Home-sites that were just paved.
If you are a do it yourself-er and want to build your own house or hire your own home builder to build your new home, check out the 1/4 acre home-sites available for sale @ Highbury at Lake Park.
Now, before you decide that I'm working for Ivory Homes, think again. In fact. I want to work with you.
As knowledgeable and as nice, and as helpful as that agent seems to be (the one in the Model Home). They will NEVER represent you interest over the builders. They are paid by the builder, they are trained by the builder and by law, they have a fiduciary duty to the builder as they negotiate a home sale.
You need your own representation when buying a New Home. It costs you nothing, and it will give you someone to watch your back.
If you would like to look at other New Home and New Construction projects in Salt Lake, stop by our website @ SLC New Constructionthere are many listed.
To get to know us better and to see how serious we are about this business click on Salt Lake Real Estate and see what we offer our customers..
Or you can just call us @ 801-567-0946 and talk about Real Estate in SLC or New Homes In Salt Lake City @ Highbury In West Valley.
Published Monday, October 19, 2009 6:04 AM by Corie Seymour
Homes Sold In Daybreak@ South Jordan-Discounts and Information !!
Since homes sold in Daybreak @ South Jordan make up such a high percentage of the homes Homes. Condominiums and Townhomes sold in Salt Lake City, it's no surprise that we have had a lot of clients ask about discounts and related information about that dynamic area.
We have put some numbers together for you that look at home sales in Daybreak. They should help you put together an offer or list a So. Jordan Home.
These are closed transactions that reflect what the home-buyer actually paid including adjustments for seller concessions against the MLS listed price.
Thirty eight homes were sold in South Jordan w/in the last 30 days.
11 of those homes/condos were in Daybreak in S. Jordan UT.
4 of the homes sold were Daybreak Condominiums.
7 were single family homes in Daybreak.
Other neighborhoods in South Jordan w/ home sales, included Jones Meadows, The Bluffs, High Pointe, Ascot Downs & Country Crossing.
Those 11 Daybreak homes were priced from $171,515 to $299,900.
Average asking price was $217,704.
Average sales price was $215,274.
Condos sold in Daybreak last month averaged $133.00 sq.ft.
Single Family Homes sold last 30 days in Daybreak averaged $85.74.
Discount from listed to sold = 1.1%.
While this report does not include all of the New Homes For Sale In Daybreak (new construction homes) as many of these are not listed on the MLS, New home builders rarely discount (to protect pricing structure) spec homes, so the 98.9% of sale to list is still pretty accurate.
To search for all of the South Jordan Homes For Sale @ Daybreak stop by Salt Lake Homes for Sale. You can find home prices, directions to Condo and Homes, photos of homes you might like to visit, and other important Real Estate information.
Or you can just call us @ 801-567-0946. We'd love to talk anything Real Estate, or just about Homes Sold InDaybreak@ South Jordan; discounts and Information.
Published Monday, October 19, 2009 9:36 AM by Corie Seymour
Salt Lake Foreclosed Home In Golden Acres, Midvale Utah - Owner is Home-Steps-REO.
This great family home is prime Salt Lake Real Estate ; It has interesting spaces, a great yard, and a wonderful covered patio for summer barbeque's with neighbors and friends.
Surrounded by the Salt Lake towns of West Jordan, Murray UT, and Sandy Utah, Golden acres in Midvale is located in the heart of the Salt Lake Valley, (zip code 84047) just minutes from everything, this Midvale foreclosed home is a great opportunity for the handyman or visionary home buyer to take advantage of the 203(K) loan, that will allow a Utah Home buyer to borrow the money to re-furbish this house as part of the original home mortgage.
THIS HOME IS NOT A SHORT SALE: THES BANK OWNED HOME CAN CLOSE IMMEDIATELY:
Spacious & sunny through-out; This house in Midvale UT needs a little updating but has wonderful potential.
FEATURES OF THIS SALT LAKE CITY FORECLOSURE IN MIDVALE UTAH:
FHA-VA Financing
Marvelous Covered Patio
Minutes from Downtown SLC
Two Year Home Warranty
Wide Garage w/220
Hardwood Floors
Built In Oven
Mature Trees & Landscaping
Now is the time to check out this Salt Lake Foreclosures in Midvale Utah: Call us to schedule the appointment.
To see other homes for sale in SLC stop by Salt Lake Homes for Sale and get photos of Houses and Condos listed for sale on the MLS, Prices of listed homes, and maps and directions to homes you might like to drive by.
If you need help in buying a Salt Lake home, or tips about searching for a home, finding a loan, or making an offer on a home anywhere in Utah, stop by Salt Lake Real Estate.
That's our website which is updated daily thru our SLC Blog, and is provided so that you can be the best informed home buyer in the state of Utah.
Or you can just call us @ 801-567-0946. We'd love to talk Salt Lake Foreclosures In Midvale Utah-Homes ForSale.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
MLS® $284,900
MLS® $469,900 
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