Real Estate Tips To Buying & Selling In South Jordan, Sandy, Utah

Inside Real Estate
Let Me Help You!
801-243-3020
Follow My Blog
RSS
Steve
Steve Duke
REALTOR®
    Years of Experience: 17

    Licensed CPA

Direct: 801-243-3020



Company Info


7985 S. 700 E.
Sandy, UT 84070


Real Estate Tools

Schoolsschools

Communitiescommunities

Calculatorscalculators

Archive for December 2009

How To ‘Guarantee’ Your Success As A Real Estate Investor

Monday, December 28th, 2009

Smart real estate investors focus on what a customer wants.  They invest in the types of properties that most tenant/buyers would want.

Most investors buy the home first and then try to find a qualified tenant/buyer afterward.

Let me share with you smarter way that will provide more profits because you can start to receive rental income the day you close on your investment property.

To help our investor clients guarantee their profits before they buy an investment property, we will have prospective tenant/buyers go through a qualification process which includes completing an application and telling us the type of home they would like to buy using a Rent-to-Own program.  If the prospective tenant’s application is accepted, we will then find a property for sale that meets their criteria.  We will provide our investor client with an accepted tenant/buyer application and the homes for sale that match the approved tenant’s with list.  Our goal is to get a non-refundable deposit from the tenant/buyer before we start to find them a home.

Imagine having a qualified tenant/buyer in place who has given you a nonrefundable deposit before you sign a contract to purchase an investment property.

Imagine collecting first months’ rent the day you receive the keys from the seller.

Imagine receiving a lease option deposit from the tenant/buyer when you turn over the keys to them.

This approach to real investing is your crystal ball.  Your profit is locked in before you even buy the home.  You know your profits in advance.  Would you invest in this home at 123 XYZ Street at $120,000 if I had a qualified rent-to-own buyer that would buy the home for $140,000?  Of course you would as you would have to be a fool not to make money in real estate with this approach.

Do Employers Care If I’ve Had A Foreclosure?

Monday, December 21st, 2009

Many employers are requiring credit checks on all job applicants.  A foreclosure is one of the most detrimental credit items an applicant can have and in most cases will challenge employment.

A short sale is not reported on a credit report and is therefore not a challenge to employment.

Contact me directly to learn what your options are before letting the bank foreclose on your home.

Q. How Do I Find The Right House And Make An Offer?

Tuesday, December 8th, 2009

Real Estate Corner…

Q.    How Do I Find The Right House And Make An Offer?

A.    I recommend that you make a wish list of everything you would like to have in a new house.  Then make a list of everything you don’t like in your current home.  These two lists will give you a good idea of where to start, and help you analyze your needs.

Buying a home requires making some compromises.  You may not get everything you want, but make sure to get what you need.  For example, when buying a home, the neighborhood should be your main consideration.  Is the house in a neighborhood that you like and feel safe?  Will you have a reasonable commute to work?  Does it have a good school system?  (Not only is this important if you have children; it will impact the resale value of your home down the road.)  Does the area have the amenities that you’re looking for (parks, stores, and library) within a few miles?

Buying a house is a big financial investment and commitment for many years.  Before you make an offer, ask yourself if you can afford the house? Be cautious.  If you are buying or selling a home and need competent and caring representation, please call me at
801 243-3020.

$6,500 Reasons to move this winter!

Wednesday, December 2nd, 2009

Congress is now GIVING YOU a $6,500 credit to sell and purchase a home.  This is to give incentive to existing homeowners, like yourself, to purchase a home.   That´s $541.67 per month for the 1st year!

To qualify:
1. You must have used the home your selling as a principal residence consecutively for 5 of the previous 8 years.
2. You must have a binding contract to buy a principle residence before April 30, 2010 and close before July 1, 2010

Then you´re eligible for the credit-allowing you to deduct 10% of the purchase price of your home up to $6,500 when you file your taxes. Visit www.HousingMarketFacts.com for more information.

So, why wait?     We Will Walk You Through the Home Buying/Selling Process!

Please contact me for more information about this can´t-miss opportunity.

$8,000 Reasons for renters to buy a house!

Tuesday, December 1st, 2009

Congress is now GIVING YOU an $8,000 credit to purchase a home.  This is to give incentive to first-time homebuyers, like yourself, to purchase a home.   That´s $667 per month for the 1st year!

If you qualify and have a binding contract buy a principle residence before April 30, 2010 and close before July 1, 2010, then you´re eligible for the credit-allowing you to deduct 10% of the purchase price of your home up to $8,000 when you file your taxes. Visit www.HousingMarketFacts.com for more information.

So, why wait?     We Will Walk You Through the Home Buying Process!

Please contact me for more information about this can´t-miss opportunity.

December is a great time to buy/sell a home in Sandy or South Jordan

Tuesday, December 1st, 2009

I’ve heard it said that December is a slow month for real estate.  I used to buy into that way of thinking until I worked with a broker who taught me otherwise.

He taught me that most agents take the month of December ‘off’ because they want to spend more time with their family, because they think it’s a slow time so why work, because they think clients don’t want to sell/buy a house during the holidays,  and who knows why.  He also taught me that if I would work during the holidays that I would pick up business as I would be one of the few still working.  Time has prove him to be correct on both counts

As I look back at my business over the years I discovered that I sell as many homes in December as I do any other month.

Why?  I think it’s because buyers actually have more time to look at houses as many companies close down during the holidays and off times sellers are motivated to get their home sold before the end of the year.  More importantly, it’s because I treat December the same way I do the other 11 months of the year.

I have found what he taught me to be absolutely correct.  I love December!  December is a great month to buy/sell a home.

- Copyright © 2010 Inside Real Estate, LLC

Inside Real Estate does not endorse the agents on this site, and does not guarantee the content submitted by the site's members. Blog and page entries, content, and other information contributed by agents that are members of the site are accountable to the particular agent. Inside Real Estate and Omnia Alliance LLC take no accountability for the content contributed by members to the site.