Home Buying
Robert just posted a new video on the Cornerstone video blog, where he discussed five reasons why its an excellent time to be a home buyer. The current buying conditions are creating a perfect storm for real estate sales. Not only are real estate prices at their lowest points in years, but interest rates are [...]
Continue reading about 5 Reasons Its a Good Time to Be a Home Buyer
When a buyer makes an offer on Utah Real Estate, they are usually presented with the option of purchasing a Home Warranty. The purpose of home warranties is to protect buyers from financial expenses that might arise from unforeseen future complications associated with home ownership. Home warranties generally last for one year and can offer [...]
The VA loan is a great program for Veteran’s, who want to buy a house. It is one of the few available loans that truly offers 100% financing. Basically, if you served active, full time, military service for atleast 180 days, you can probably qualify for the VA home loan. Spouses of deceased vets can [...]
-What do Realtors do for buyers? Using a Realtor to aid in the buying process is a huge advantage for buyers. They get the help of somebody who knows the local market, who has been in many of the homes for sale, and has a feel for what homes are priced well and what homes [...]
Continue reading about Answers to Basic Questions Home Buyers Ask
While home sales are way down from the past five years, they really may not be that far from where they would be if there never was a housing boom. If there weren’t hundreds of unqualified buyers and investors buying homes they shouldn’t have bought, where would home sales be now? This graph shows us [...]
Facts are facts. And right now home sales in Utah are substantially down compared to what they normally are at this time of year. The Utah Association of Realtors recently conducted a survey among recent home buyers, to find out their attitudes towards buying, and not buying Utah real estate. The report wasn’t very specific, [...]
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Before I ever got my real estate license, I was always interested in HUD homes. I didn’t really understand what they were, but just new that they were foreclosure homes that were usually in disrepair and could be purchased for less than other real estate. One deceiving thing I learned about HUD homes is that [...]
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The slow real estate market has increased the number of homes for sale in Logan UT that are offering lease options. Right now there are 22 lease option homes for sale in Logan. A couple years ago, I assisted some sellers with a lease option. At that time there were only three other homes being [...]
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It looks like it finally happened. Mortgage interest rates actually stopped declining. There is no new record low this week. It appears as if last week was the time to buy or refinance for anyone wanting the best interest rate ever. Now, interest rates aren’t bad, they are still just about record lows, and are [...]
Continue reading about Mortgage Rates Are Up From Last Weeks All Time Lows
Real Estate is usually looked at as a long term investment. Monthly payments on a mortgage loan are typically more than what rent payments would be. With interest rates at current all time lows, this is not the case in many areas. Right now, interest rates for 30 year fixed mortgages can be obtained for [...]
Continue reading about Monthly Payments For Ownership Might Be Cheaper than Rent
