Utah County Homes for Sale - Source of Funds - 06/30/10 09:29 AM
Utah County Homes for Sale - Source of Funds
Source of funds for your down payment and closing costs is one of the major concerns when it comes time to close on your home loan.  Lenders will require statements for the last two or three months on any of your liquid assets.  This includes checking and savings accounts, money market funds, certificates of deposit, stock statements, mutual funds, and even your company 401K and retirement accounts. 
It is very important that there not be a lot of movement between the accounts mentioned above just prior to or during the closing process.  … (0 comments)

Utah County Homes for Sale - Loan Application and Documentation - 06/29/10 09:32 AM
Utah County Homes for Sale - Loan Application and Documentation
When it comes time to purchase new home, your first step in the purchase process is to get pre-qualified for your home loan.  Once you contact a Mortgage loan officer, he will ask you to fill out a Mortgage Loan Application (1003) and supply him with documentation.  The documentation required will vary, but generally you will supply the following:
•·         Federal income tax statements and verification of any additional income
•·         You're two most recent W2's
•·         Current paycheck stubs
•·         Recent bank statements
Asset and liability information (stocks, bonds, other … (0 comments)

Utah County Homes for Sale - Finding the Right Home - 06/28/10 09:51 AM
Utah County Homes for Sale - Finding the Right Home
There are a number of things to consider when choosing the right home and everyone's priority is different.  Where should it be located; neighborhood preference; single or multi-level, number of bedrooms and baths; square footage: yard size; features: quality of school; age of home; interior or exterior appeal; and most of all, price, because if it's out of your budget, it can't be considered.
Make a List
Make a priority list of things important to you.  Start with the most important, things you have to have.  Then work down the list, … (0 comments)

Utah County Homes for Sale - Choosing a Buyer's Representative - 06/26/10 10:25 AM
Utah County Homes for Sale - Choosing a Buyer's Representative
When it's time to buy a home, it's also time to select a buyer's agent to represent your interests in this all-important transaction.  But how do you choose one?  Here are some of the most significant issues to consider and questions to ask when interviewing your Accredited Buyers's Representative.
Questions to ask:
Experience and Credentials
How long have you been a buyer's agent?  How long have you been an Accredited Buyer's Representative?  What other real estate designations or credentials do you hold?
References
Can you share the names and contact details … (2 comments)

Utah County Homes for Sale - Your Dream Home May Not Wait! - 06/25/10 09:36 AM
Utah County Homes for Sale - Your Dream Home May Not Wait!
Are you always thinking about that perfect Utah Dream Home?  Wondered if you could afford a more spacious house?  Are your children growing up and you wish you had more rooms?  Well, winter time could very well have the opportunity that you have been waiting for.  Today, could hold the life time opportunity to get amazing deals on that dream home you have always been thinking about.  Mortgage rates are low; home prices are down, you should think twice before you wait till spring and lose out on these … (0 comments)

Utah County Homes for Sale - Mortgage and the Down Payment - 06/23/10 11:09 AM
Utah County Homes for Sale - Mortgage and the Down Payment
How do you know which type of mortgage product is best for you?  There is no simple answer to this question?  The right type of mortgage for you depends on many different factors:
•·         Your current financial situation
•·         How much you expect your finances to change
•·         How long you intend to stay in your house
•·         Your tolerance for having your mortgage payment changing from time to time.
Most important is to consult a mortgage loan professional when it is time to decide what is right for you.
… (0 comments)

Utah County Homes for Sale - Offer Pricing Factors - 06/22/10 10:49 AM
Utah County Homes for Sale - Offer Pricing Factors
There are many factors to consider when you are trying to determine what price to offer for a new home.  Gathering and analyzing information form comparable sales helps to establish the range of prices you should consider.  More weight should be given to the most recent sales of like properties in the local area.  Other factors to consider include condition of the property, improvements, the current market, and the circumstances behind the seller's decision to sell.
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Utah County Real Estate  Utah County Homes  Utah Homes For Sale  Provo … (0 comments)

Utah County Homes for Sale - Benefits of Buying a Home - 06/21/10 10:46 AM
Utah County Homes for Sale - Benefits of Buying a Home
Buying a home is a very good investment. As a general rule, homes appreciate about five percent a year.  Some years will be more, some less.  The figure will vary from neighborhood to neighborhood, and region to region.  Five percent may not seem like that much at first.  Stocks, at times, appreciate much more, and you could earn over six percent with the safest investment of all, treasury bonds.
Presumably, if you bought a $200,000 house, you did not pay cash for the home.  You got a mortgage, too.  Suppose … (0 comments)

Utah County Homes for Sale - FHA Loans - 06/20/10 10:55 AM
Utah County Homes for Sale - FHA Loans
The FHA (Federal Housing Authority) doesn't actually fund your home loan in any way.  The FHA simply provides mortgage insurance to help consumers become Home Owners.  The FHA actually insures the lender from losses resulting from Home Owner default.  The FHA helps mortgage lenders prepare loans for people who might not otherwise qualify.
One of the big advantages of an FHA Loan is that a smaller down payment is possible.  As of January 1, 2009, the down payment for a FHA Loan is 3 ½ percent of the principle loan amount.  In today's … (0 comments)

Utah County Homes for Sale - Home Presentation - 06/18/10 09:51 AM
Showing your home is probably the most important part of the selling process.  Consider the following carefully as you prepare your home for viewing:
First impressions mean a lot and often prospective buyers make a decision almost immediately.
Curb appeal is important since many buyers search by themselves and then call their Realtor about property they have only seen from the street.
Fresh paint on your house's exterior and interior is one of the easiest and best improvements you can make to enhance that first impression. It makes your house look bright and clean. If you paint, use whites, creams, or … (0 comments)

Utah County Homes for Sale - Taking Possession - 06/17/10 11:12 AM
Utah County Homes for Sale - Taking Possession
The Real Estate transaction is considered "closed" once the deeds have been recorded with the County.  You then own the home.  However, it is not always possible for you to occupy it immediately.  It is customary to allow the seller up to a maximum of three days to turn over actual possession and keys to the home. When the transfer of possession actually occurs should be clearly laid out in your offer to purchase to prevent confusion later.
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Utah County Real Estate  Utah County Homes  Utah Homes For Sale  … (1 comments)

Utah County Homes for Sale - Home Inspections - 06/16/10 10:27 AM
Utah County Homes for Sale - Home Inspections
Well, you just made an offer on a beautiful new home.  You are excited about the possibilities that this new home is going to bring to you and your family.  Don't let this dream turn into a nightmare because you decided not to spend a little extra money on a Home Inspection.
A study conducted by the American Society of Home Inspectors and the NAR in 2001 found that 77% of all homebuyers insisted on a Home Inspection prior to purchasing their property, and 97% of that group believes the service was a … (0 comments)

Utah County Homes for Sale - Seller Motivation and the Offer Price - 06/15/10 08:47 AM
Utah County Homes for Sale - Seller Motivation and the Offer Price
When looking for homes for my buyer clients, I have found that the Seller's Motivation can have a dramatic affect on the price of the home.  The most common "Motivated Seller" is someone who has already bought his or her next home or is relocating to a new area.  They will be under the gun to sell the home quickly or face the prospect of making two mortgage payments at the same time.  Since that can drain a bank quickly, most sellers want to avoid such a situation and … (0 comments)

Utah County Homes for Sale - Home Buyers Top Three Mistakes - 06/14/10 10:35 AM
Utah County Homes for Sale - Home Buyers Top Three Mistakes
Well you have finally decided that it is time to stop renting and that you need to purchase a new home.  Be aware that is important to stay calm and think your way through the process; don't get so excited that you overlook a few very important steps.
Failure to get pre-qualified before making an offer on a home:
The very first step you need to take when considering the purchase a new home is that of interviewing and hiring a Mortgage Broker or Loan Officer.  Understanding how much you … (0 comments)

Utah County Homes for Sale - Sell before you Buy - 06/11/10 09:21 AM
Utah County Homes for Sale - Sell before you Buy
When it comes time to purchase a new home, the question always comes up, should I sell my old home before I buy the new one?  Depending on your credit situation and your ability to qualify for two loans, this question could be easily resolved.  We will assume you have excellent credit and can do whatever you please. 
It is always better to have your present home sold before you make an offer on the new home.  If you have an offer with a contingency of selling the old home, the … (0 comments)

Utah County Homes for Sale - Earnest Money and the REPC - 06/10/10 10:20 AM
Utah County Homes for Sale - Earnest Money and the REPC
The Real Estate Purchase Contract involves more than just price.  You will have to discuss personal property possession, rent, tests, inspections, closing dates and more.  The one term that throws most buyers, especially first time buyers is Earnest Money Deposit.  What is it?  Why do I need to pay it?  Why do I have to pay so much?
Not the Down Payment
Many buyers show up to write their offer and announce to their agent that they do not have to put an earnest money deposit because they are getting … (0 comments)

Utah County Homes for Sale - Bank Owned Foreclosure Property - 06/09/10 09:39 AM
Utah County Homes for Sale - Bank Owned Foreclosure Property
Bank Owned Properties - Utah County Real Estate
Banks are not in the business to hold onto an inventory of homes.  They want to get rid of these homes yesterday.  This makes for a great opportunity for you, the home buyer or investor, because most of these homes are well below market value.  Once the bank owns the property they will handle eviction if any, take care of some repairs, pay past HOA and/or other maintenance dues, and then will negotiate with the IRS, removal of tax liens, if any.
How … (0 comments)

Utah County Homes for Sale - Getting Pre-Qualified is your first step - 06/07/10 11:58 AM
Utah County Homes for Sale - Getting Pre-Qualified is your first step
The time has come to start shopping for a home to purchase.  The first thing that you should do is to get pre-qualified for a home loan.  It is very important to understand what your price range is prior to looking so you don't waste time looking at properties that are out of your price range.
Where do you begin?
Most Realtors work with a trusted network of Mortgage professionals, who can assist you in getting pre-approved for a loan so that you can comfortably begin looking at homes … (0 comments)

Utah County Homes for Sale - 06/06/10 09:34 AM
Utah County Homes for Sale - Homeowners Insurance
Do I really need Homeowners Insurance?
Yes.  Proof of a paid homeowner's insurance policy is required at closing, so arrangements will have to be made before then.  It is important to get an insurance agent involved early in the home buying process he can help you save money.  Insurance agents are a great resource for tips on how to keep insurance premiums low and on information about home safety.
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Utah County Real Estate  Utah County Homes  Utah Homes For Sale  Provo Real Estate WS  Orem Real Estate WS  Utah … (0 comments)

Utah County Homes for Sale - Comparable Sales Access - 06/05/10 12:03 PM
Utah County Homes for Sale - Comparable Sales Access
One of the most accessible sources of comparable sales is the public record.  When someone buys a home the property is deeded from the seller to the buyer.  In most circumstances, this deed is recorded at the local county recorder's office.  They combine sales data with information already known about the property so they can assess property taxes correctly.
Accessing the data can be somewhat difficult for the general public.  Realtors gain access through title insurance companies.  The title companies either compile the data directly from the county recorder's office or purchase … (1 comments)

Utah County Homes for Sale Foreclosure Process - 06/04/10 10:59 AM
Utah County Homes for Sale Foreclosure Process
Is a distressed Property right for you?
Distressed sales are a sad fact of the Real Estate market.  While no one wants to see a homeowner lose their home, these properties also present unique opportunities for buyers.  To determine whether you are a candidate for such a purchase, it's important to learn all you can about distressed properties - and to work with qualified buyer's representative who can guide you through each step of these complex, non-traditional transactions.
Foreclosure is a process, with buying opportunities at each stage:
Stage 1.  Pre-Foreclosure
A period of … (0 comments)

Utah County Homes for Sale - MLS Listings, IDX and the Virtual World - 06/02/10 10:06 AM
Utah County Homes for Sale - MLS Listings, IDX and the Virtual World
Technology has reached new levels for the Realtor in today's Virtual World.  The home buyer can actually sit in the comfort of their present home and view all future homes just as if they were actually there.  I am just amazed where technology has taken us.
Internet Data Exchange (IDX)
The Internet Data Exchange is a service available to real estate agents today to display their listings through internet feeds that bring the home search process to new levels.  Services are available to all real estate agents at … (0 comments)

Utah County Homes for Sale - Homeownership - 06/01/10 10:06 AM
Utah County Homes for Sale - Homeownership
While some people choose the flexibility of renting and being free of maintenance, many others choose ownership for other reasons.  The pride of being a homeowner is a very important reason for purchasing a home, but more people are interested in homeownership for purely economic reasons.
Building Equity
One of the main economic reasons is that of building equity.  Especially in today's market, with home values being deflated as they are, many buyers can pick up a home at a very reasonable price.  With interest rates being at all-time lows, you can make a … (0 comments)

 
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Utah County Homes for Sale, Alpine Real Estate, Alpine Homes for Sale

Utah County Homes for Sale, Alpine Real Estate

Alpine, UT

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Home Buyer Realty Utah, LLC

Address: 288 Three Fountains Dr., Provo, Ut., 84604

Office Phone: (801) 691-0911

Cell Phone: (801) 885-2586

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Utah County Homes for Sale - Home Buyer Realty Utah, LLC, Broker - Realtor helping Home Sellers with the Successful Sale of their Home


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