Murray

Just a reminder that the $8,000 First Time Home Buyer Tax Credit is still available.   Homes must be under contract by April 30th of this year and must be bought by the end of June 2010.  If you have any questions or would love to get started please contact me at taylornelson@homerealty.com  Also if you would like » Read more  

People always want to know what mortgage rates are at.  The Salt Lake Board of Realtors reports that the national average on a 30 year fixed rate is 5.05%   These are some of the lowest rates we have seen in a long time.  Remember that mortgage rates can go up or daily on a daily basis.  » Read more  

The Salt Lake Board of Realtors has released its 2010 Housing Forecast.    There are many interesting facts and predictions.  We were told that home sales were up 3% in 2009 as opposed to 2008.  They also predict that homes sales could rise nearly 10% in 2010. Many people ask about the price of homes and the Salt » Read more  

Many of you are wondering about the $8,000 tax credit.  This is just a reminder that if you are a first time home buyer and you purchase by April 30th, 2010 you will receive the $8,000 tax credit.   In cases where you have a signed contract by April 30th and you purchase by the end » Read more  

The Salt Lake Board of Realtors reported that “sales of single-family homes in Salt Lake County were up 36.2% in the fourth quarter compared to the same quarter last year.”  This doesn’t necessarily mean that home prices are going up, but it does mean that people are out there buying homes.  Some cities in Salt » Read more  

It is actually very simple.  The note is the loan contract and the deed is what helps secure the note to the asset.   Things included in the note are: interest rate, terms of the loan, pre-payment penalty.  When someone buys a home the deed is recorded with the county giving them title and ownership to the » Read more  

So what is the best thing to remodel in your home???  If you are planning on staying in your home then you should remodel based on individual need.  If you are remodeling with the intent to sell and trying to see which project will recoup the greatest value financially, below are a few good idea. The » Read more  

Many of you may wonder “What does a title company do”???  There are many things a title company does, but the main one is to be a facilitator during your home buying process.  Once an offer on a house is accepted you will pick a title company and make sure they have a copy of » Read more  

Many people ask themselves “What is my home Worth?”  There are actually a few ways to determine this.  The two main ways to figure out the value of your home is to 1) order an appraisal or 2) have a real estate agent do a comparative market analysis (CMA). Whether you have a home in Murray, a » Read more  

One part of the market that is really struggling it high end homes.   There are several reasons why this is the case.  One reason is because several years ago new construction and million dollar homes were being built at a rapid pace.   With a slow down in the market there are more million dollar homes » Read more