property: Salt Lake City, Utah makes top 10 list for best places to buy investment property
- 04/23/12 10:57 AM
Salt Lake City, Utah pops up at #6 on Marketwatch's Top 10 best places to buy investment property in the U.S. They cite low inventory and rising median home prices as reasons, but fail to mention that rents on single family homes are pretty high compared to the cost of homes right now. My presumption is that families who have lost their homes to short sale or foreclosure aren't too excited about renting a 2 bedroom apartment, so they are looking for single family homes to rent. I've been thinking about keeping my home as a rental for a few years (4 comments)
I attended the 2012 Salt Lake Housing Forecast Meeting this morning. The two presenters this year were Eric Belsky, Managing Director of the Joint Center for Housing Studies at Harvard University and James Wood, director of the University of Utah’s Bureau of Economic and Business Research. While Mr. Wood's remarks were pointedly local, Mr. Belsky's report covered the state of the housing market nationally, with concluding remarks to show where Utah stacks up among the states. The expectations? Cautiously and realistically optimistic. Realistically meaning that while there were no bold statements of certain recovery, the outlook is that things are (0 comments)
property: Representation - You Get What You Pay For
- 09/30/11 10:09 AM
At Homebuyer Representation we put our clients first. Our clients are always Buyers, all the time. We do not represent Sellers ever. We don't "switch teams" in the middle of the transaction. Our focus is on what is best for the Buyer. We don't work to get the deal to go through if the client doesn't want it to go through or if it isn't in the Buyer's best interest for the transaction to close. We have no specific properties we need to "move" or "sell". We can help a Buyer purchase any property listed by any real estate brokerage, home-builder (2 comments)
Q: One of our acquaintances yesterday mentioned that they were under the impression that when you close on a house technically everything inside the home technically becomes yours as well. Is that actually how things technically work by default? You close and everything inside the home changes ownership?
A: With regard to your question: if the Seller moves out and delivers possession and they left behind a couch or a barbeque or something like that, then yes, it could become yours. I say could, because obviously a Seller could have left a car in the garage or something else by accident (15 comments)