That’s right!!!

Prices are incredible. There are so many deals!

Interest rates are in the 4% right now (unbeliveable).

It is a buyer’s market so take advantage of it.

I would love to help you find your dream home. I am also an expert in Seller Finance if you can’t get qualified for a mortage.

Remember that as a buyer’s agent, I am FREE to my buyers.

Buying in Utah (Daybreak & West Jordan) is a great place to be.

And the answer is YES!!!!!   Interest rates are still an all time low and home prices are low. What better time than the jump in and buy a new home.

It is also a great time to sell your home. Buyers are still out there and with interest rates still low buyers are able to afford more and buy your home.

So give me a call if you are interested in buying or selling as I have some incredible ideas for you.

The First Time Home Buyer Tax Credit has been extended, but only for a very select group of people:
 
Service Members of Official Extended Duty, outside the United States for 90 days or more between the dates of Jan 1st 2009 to April 30th 2010.
 
The tax credit has been extended for 1 FULL YEAR for service members that meet the above criteria.  This means that they would need to be under contract by April 30th, 2011 and closed by June 30th, 2011.
 
Follow this link for more information: http://www.irs.gov/newsroom/article/0,,id=215594,00.html

It isn’t too late to buy a home in West Jordan, UT & Daybreak (South Jordan) and get the $8,000 tax credit.   The deadline is fast approaching but there is still time to find your perfect hom.

So if you are a 1st time home buyer please give me a call and I can help you find an awesome deal. There are many desperate sellers, short sales and bank owned homes that are available for you.

So don’t let this incredible time to buy a home in Utah to pass you by. Interest rates are still amazingly low.

Hello!
 
As your trusted realtor I wanted to let you know of some proposed changes to the FHA mortgage coming up this April 2010 and it’s affects it will have on your home purchase.
 
First time home buyers that want to take advantage of the current FHA guidelines need to move quickly. Changes are coming in the early months of 2010.
Changes that are being considered:
Down payment Minimal of 5% (could be higher)
Sellers concession to be no more than 3%, perhaps even lower.
Insurance Premium which is now at 1.75% of loan could go to 3% of the loan. Premium is due at closing.
Annual Premium insurance which is currently at.55% of the loan amount and is part of the FHA monthly mortgage payment could be going up.
Credit scores could be a minimal of a 620 FICO score.
If you’re a first time home buyer who is currently looking to purchase, now would be the time.
The closing cost and down payment would be what is affected the most. The scenario would look something like this for a home purchased at $300,000 with current FHA standards you would need $10,500 down payment which can be gifted, $5066.00 for the upfront premium insurance. You would be allowed up to 6% in a sellers assist (help with closing), in this case that would be $18,000, this would cover most of the closing cost depending on your state.
With the new proposed guidelines the scenario would look like this $300,000 purchase price would mean 5% down or $15,000 (there isn’t talk about changing the gift portion). The upfront insurance premium due at closing would be $8550.00. The seller assist would be around 3% (some would like to see this at 2%) or $9,000.
Closing cost are more than your down payment and insurance, there are title fees, recording fees, attorney fees, upfront real estate taxes and other miscellaneous fees. Depending on the state you reside would not cover most closing cost.
It’s going to be costly in the future for FHA applicants, credit scores will be have to be higher and out of pocket expenses are going to be higher as well.
If you have been house hunting, and are going to be using FHA financing, this would be the time to move forward with your home purchase. Waiting could potentially mean needing thousands of dollars more in the near future to purchase a home.
 
As always, keeping you updated.  If you or anyone you know is looking at purchasing a home with an FHA mortgage please let them know.  If you have additional questions please feel free to contact me.

Not only is there the 1st time home buying tax credit of $8,000 but there is up to $6,500 for move up or move down buyers.  You just have to have lived in your last home 5 out of 8 years. Plus, thanks to the Equity Now program, you can use this money towards a down payment on your new home.

Call or email me for details. It is the best time to buy!!!!

Sorry, it has been awhile since my last post. Life has been crazy. But I am back.

Many Utahn’s have been trying to find the perfect realtor to “Sell My House”.

So I thought I would tell you a little about what I do to “Sell Your House”.

First off, I not only put your home on the MLS but I also, on a weekly basis, put your home on KSL and Craig’s list. Also, your home will show up on a ton more Real Estate Websites including UtahRealEstate.com

Next, I set your home up with a 1800# where anyone wanting information on your home will call in 24/7 and hear all about that. I then call the buyer back and answer any questions they may have and get them to buy your home.

Next, I set up a “Talking House” in your front yard. This is where buyers pull up to your home and tune in to an AM radio station and hear all about your home. It is as if I am standing right there on the curb telling them about everything in the home. Buyers LOVE this feature.

I also let every agent in my office know of a new listing I have or a price reduction.

And there is more. So give me a call if you are interested in all the other ways I will market your home and get it SOLD.

I also, am an expert in Short Sales. This is when you owe more on your home than you can sell it for. It is definitely the way to go if you can’t make your house payment anymore. It is MUCH better than having a foreclosure where the bank takes your home.

 $208,000 Cheapest updated home in Sandy.

1051 E. Oakridge Cir. (11860 S.)

Come and take a look at this totally remoldeled Sandy Home.

Just Reduced Again! Motivated Sellers!! Make an Offer! Need To Sell ASAP!!!!

Bring us an Offer!!

MLS #916252

3 bedroom, 2 bath, 1733 sq ft., .18 acres., 2 car garage.

* Wonderful Sandy Neighborhood that is close to Draper city and is in a cul de sac. Home has been totally remodeled for a designer touch! 

I was just asked a question from a future first time home buyer.

“I am looking to buy a home in the next couple of months, and I am a first time home buyer.  Which specific areas would you recommend the highest?  I don’t mind not being right in the middle of everything.”

Well that is a tough question…. I feel every city in Utah has great potential for making money and awesome home prices. So I can’t really pick a certain area that I recommend. I do LOVE the southern end of the Salt Lake Valley. This is where I live and I feel is a great area to live. But all of Salt Lake is a great place to live. 

I think one aspect of where you decide to buy is how far to you want to commute to work and if you have family in town, how close do you want to be to them? These questions have been deciding factors of where buyers want to live.

One other factor is the price range you want to stay in. If you can only afford $150,000 then you will have a hard time finding a home on the East Bench.

I hope that answers your question. Let me know if you have any other questions.

Thanks and can’t wait to help you find your perfect home in a couple of months.