draper utah real estate: Is Buying a Short Sale Right for You?
- 11/08/11 04:31 AM
If you're shopping for a home, you may have noticed that a large number of the homes that are currently on the market are short sales. A short sale occurs when a homeowner owes a lender more than their home is worth, and the lender agrees to let the owner sell the home and accept less than what is owed. Lenders may agree to a short sale because they believe it will net them more money than going forward with a lengthy and costly foreclosure process. … (1 comments)
draper utah real estate: Great New Draper Listing in a Gated Community
- 08/03/11 07:35 AM
This a great new Draper listing and will not last long. Be sure to call today for an appointment to see this property. It is 2946 square feet with 2 bedrooms on each level. The community pool is walking distance from this quiet community located near Draper Park and the new Trax line. The home is located at 1433 Forge Way Draper, Utah 84020 MLS# 1046306. Call Mark Quaintance at 801-230-2607 and look for this to be help open on Saturday August 6 in the afternoon. Tour Link : http://homesite.obeo.com/viewer/default.aspx?tourid=678630&refURL=http://admin.obeo.com/member_summary.cfm?&locale=en-US
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draper utah real estate: Tips Tenant/Landlord Responsibilities
- 07/13/11 04:44 AM
This is a continuation from yesterdays investment property blog post If you decide to purchase rental property, you’ll need to learn the landlord/tenant laws in your city or state. What follows is just a sample of what’s typical. Tenant’s Responsibilities · Pay rent on or before the due date stipulated in the lease. · Prevent damage to the property (use heat so pipes don’t freeze, keep windows closed when it’s raining, report plumbing leaks right away, etc.). · Allow only the people and pets listed on the lease to live on the grounds. · Maintain all smoke detectors so they’re … (0 comments)
draper utah real estate: Investing in Rental Property: The Risks, Rewards, and Benefits of Owning Rental Property
- 07/12/11 08:59 AM
One area of the real estate market that is thriving right now is rental property. In the first quarter of this year, landlords and property managers across the country have rented more apartments and homes than they have during the first quarters of the past ten years. The amount that renters are willing to pay has also jumped to a nationwide average of $991 per month.* Wall St. Journal article, “Apartment Vacancies Decline, Rents Expected to Rise,” 4/6/11) http://online.wsj.com/article/SB10001424052748704587004576245230523369572.html All indications suggest that the rental market will continue to improve because of low vacancy rates and rising rents. In … (2 comments)
draper utah real estate: Park City 50 mile Mountain Bike Race
- 07/11/11 09:38 AM
I just wanted to put out a thank you for the guys from Revolution Bicycles in Sandy, UT for putting on a great event up in Park City this weekend. It was a 50 mile race on some very grueling terrain with over 8000 feet of vertical climbing in the race. It was a great event with 300 participants. I would also like to thank Park City Mountain Resort and Canyons Resort for allowing this event to take place. Without the cooperation of these mountains the event would have never taken place. I met up with several riders and made some … (0 comments)
draper utah real estate: Foreclosure help in Draper, UT
- 06/23/11 10:09 AM
Chances are, you or someone you know in Draper is facing the possibility of foreclosure. But you need to understand that you are not alone. Today, 1 out of every 6 homeowners in America is behind on mortgage payments. These are tough and frustrating times. Now more than ever, it's important to identify your options. Foreclosure can be avoided, your credit can be saved, and your financial future can be salvaged. Through my experience handling distressed properties at Windermere Real Estate, I've found that homeowners today have more questions than answers about their circumstances. I have created this site to help … (1 comments)
draper utah real estate: Should You Continue Living in Your Current Home?
- 06/16/11 03:17 PM
As we age and think about future living for ourselves or a senior family member, it’s wise to perform something called an “age-in-place assessment” for each room. Detailed “home assessment” worksheets can be found at AdaptMy.com. Typical home assessment questions include: ›› Are the hallways and doorways wide enough? To safely maneuver in a wheelchair or on crutches, doorways need to be at least 36 inches wide and hallways at least 42 inches in width. ›› Are steps the only way to get in / out of the home? If so, a ramp may need to be built. … (4 comments)
draper utah real estate: Tips Downsizing There are many ways to make the process of downsizing easier:
- 06/04/11 04:46 AM
The power of two Start sorting and packing about two months before the planned move date. And limit your work to two-hour blocks to keep from getting physically and emotionally overwhelmed. Know the new floorplan Take pictures and careful measurements of the new home / space to determine just how much you need to downsize. Begin with the easy stuff The things you care less about are most likely stored in the basement, garage or a shed. Start there. Try not to store things Avoid the urge to just stick things in storage until you have more time. … (2 comments)
draper utah real estate: Intermountain cup series Mountain Bike races
- 05/12/11 06:33 AM
Utah has some of the Best Mountain Biking and in Draper we have it right in our back yard. It is great to have a race series supported by local shops like Revolution Bicycle. There are several local event including on this weekend up at Soldier Hollow. We have an event in Draper that is sponsored by Revolution Bicycles as well this coming Memorial Weekend, it is the 6th Annual Stan Crane Memorial XC Race. Also, as you are out using the trails this spring be sure to follow the rules of not using the trails when muddy. Some of the … (0 comments)
draper utah real estate: Home Security: Protecting Your Home Against Theft
- 05/12/11 04:20 AM
Every 15 seconds, a home in America is robbed. The 2009 FBI Uniform Crime Report shows that 72.6% of all burglaries involved residential properties¹, an increase of 2.3% from 2008. Fortunately, a little preparation can go a long way toward protecting you and your family, as most burglars will not break into a well-protected home. ¹http://www2.fbi.gov/ucr/cius2009/offenses/property_crime/burglary.html To determine the security of your home, consider these six questions: 1. Will your doors withstand an assault? Most burglars will spend just four or five minutes trying to break into a home. Their preferred entry point: Your front or back door. … (4 comments)
draper utah real estate: Tips Vacation Safety Checklist
- 05/03/11 04:33 AM
When you’re on vacation—or even just gone for the weekend—your home is far more likely to be burgled, simply because your absence is usually obvious to the bad guys. So before you hit the road next time… Make plans for the porch—Even if you do put a stop to the mail and newspapers, that still means door hangers, fliers and UPS/FedEx packages may pile up on the porch while you’re gone. So ask a trusted neighbor to stop by every day and collect whatever may be there. Hire out the yard work—If you’ll be gone for an extended period, … (0 comments)
draper utah real estate: Home Loans: What You Need to Know
- 04/15/11 05:34 AM
While it’s true that some lenders have made it more challenging to qualify for a home loan in the wake of the subprime crisis, a solid credit history and advance preparation will greatly increase your opportunity to turn your real estate dreams into a reality. The home loan primer that follows serves as a good starting point. The most common types of loans Fixed Rate Loan—Choose this option, and your interest rate and monthly payment will not change, unless you chose to refinance. When the economy picks up and interest rates start climbing again, you can rest comfortably knowing your … (0 comments)
draper utah real estate: Comparing the 15- and 30-year Home Loan Options
- 04/11/11 08:48 AM
With most home loans you have a choice: Pay the lender back all the money borrowed (plus interest) in either 15 or 30 years. While the decision may seem arbitrary to some, those in the know understand that the route you choose can have a big impact on your financial future. The 15-year option A 15-year home loan will feature a lower interest rate than a 30-year version—which means you’ll pay less interest over the life of the loan. You’ll build equity faster. And, obviously, you’ll be mortgage-free 15 years sooner. However, because the loan must be paid back … (0 comments)
draper utah real estate: Is is a Good Idea to Sell Your Home Yourself?
- 03/07/11 07:21 AM
Have you been thinking of selling you home by yourself instead of hiring a real estate agent? There are some advantages of selling your home yourself, but there are disadvantages as well. The most important advantage to selling your home yourself may mean more money in your pocket. By selling it yourself you same the commissions. It is also completely up to you where and when you want to advertise. However, there are also disadvantages to selling your house yourself. Real estate agents are paid a lot of money for a reason. Selling your home takes a lot of energy and … (3 comments)
draper utah real estate: A Checklist for Before and After you're Moved
- 03/03/11 03:24 AM
Take Notes: Make a not of you shipment registration number and keep it with you in case you need to callyour mover with questions about your shipment. Get the bed ready: Designate one drawer of a dresser for sheets and towels so that you won't have to rummage through boxes for these essentials the first night. Don't forget about the fridge: After you've thoroughtly cleaned and dried the inside of your refrigerator, put a handful of fresh coffee, bakeing soda or charcoal in a sock or nylon and place it inside to keep the interior smelling fresh. Keep the phone book: … (0 comments)
draper utah real estate: What You Need to Know About Buying a Bank Owned Home
- 03/02/11 04:40 AM
Recently, news about how to purchase real-estate owned (REO/bank owned), foreclosure property or short sale is everywhere. Bank owned homes are sold directly fro the lender after the foreclosure process is complete, and while you may save quite a bit of money by choosing to go for this type of home, it is not without trials and tribulations. The process of purchasing a home directly from a lender can be long and arduous, but could be very well be worth it in the end. If you have your sights on a particular home or are looking to find a deal … (0 comments)
draper utah real estate: 10 Bigest Mistakes Buyers Make When Purchasing a Home
- 02/28/11 06:52 AM
Making an offer on a home without being pre-qualified Not Having a home inspection Limiting your search to open houses, ads or the Internet Choosing a Real Estate agent who is not committed to forming a strong business relationship with you. Thinking there is only one perfect house out there. Not considering long-term needs Not examining insurance issues Not buying a home protection plan Not knowing total cost involved Not following through on due diligence … (3 comments)
draper utah real estate: New Business coming to the South Valley
- 02/28/11 05:51 AM
If you have not heard yet we will be getting new business to the location by the new 11400 South exit near Costco. Sheels Department store will be coming to the development and will be in a large 220,000 square foot building. The will offer a large selection of sports equipment, men's and woman's sportswear and footwear, in one location. The building will also feature a 65 foot Ferris Wheel and a 65,000 gallon salt water aquarium. Other recreation activities will include a shooting range, and a Presidents Walk. They are expecting to bring in 400 jobs into the area. Sheels … (0 comments)
draper utah real estate: Refinancing: What You Need to Know
- 02/25/11 01:45 AM
Thanks to all-time-low interest rates, the number of homeowners refinancing their mortgages is at an all-time high. Of course, no one should refinance just because everyone else is doing it. But, for many homeowners, the benefits are simply too good to ignore any longer: Save money each month. According to the latest figures from Freddie Mac (the country’s largest purchaser of home mortgages), the average homeowner who refinances is able to cut their monthly payment by $108 (or almost $1,300 per year) for a $200,000 loan. Save even more in the long run. If you currently have a 30-year mortgage, refinancing … (0 comments)
draper utah real estate: Get Your Home Ready for the Spring Market
- 02/24/11 03:46 AM
If you are planning to sell your home this spring, you should start now to get it ready for sale. There are a few minor changes you can make that will provide a good return on the investment in your home. Paint dated kitchen cabinets white or black Paint the interior walls in earth tones to appeal to more buyers Replace light switches and outlets to get a fresh look Get rid of clutter and excess furniture to make your house look more spacious Remove personal pictures so the buyer can visualize their family in your home Increase visibility with 100-watt … (2 comments)
If you're shopping for a home, you may have noticed that a large number of the homes that are currently on the market are short sales. A short sale occurs when a homeowner owes a lender more than their home is worth, and the lender agrees to let the owner sell the home and accept less than what is owed. Lenders may agree to a short sale because they believe it will net them more money than going forward with a lengthy and costly foreclosure process.
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