First time home buyers make up a little less than 40% of the market. That is interesting because the market depends on these people taking their first steps into home ownership.
The rest of the market needs that 37% first timers to buy their homes so they can “move up” to their second, usually more expensive home.
The reason most say they purchased was because they just wanted to own their home. Owning the homes we live in is a rewarding and safe feeling. Traditionally, it seems that most people rent until they can afford to buy. The rumors I’ve heard in recent years is that there is a growing trend to rent on purpose and forever. It appears there is a mentality that renting is more convenient. Some people don’t want to bother with home ownership. They think it is cheaper, they are not tied down, and have less work since they don’t have to mow the lawn or shovel the walks.
Sometimes, rent is not cheaper. Rents flucuate. Right now, there are homes you can buy that are cheaper than some rents for the same size, type of property. When the real estate market is good, home prices go up an rents go down and vise versa.
When you rent, you are paying someone else’s mortgage. Your landlord is taking your rent money and putting toward the mortgage he has on the property and building his own equity. When you are buying, your money goes toward the cost of your home and your own future.
There have been a lot of people that have lost fatih in this concept since they are upside-down in their homes right now. I can understand that frustration but they were, when they bought their homes, believing that home was worth the price they paid.
History shows us that the market will have its ups and downs. There has never been a market where home values went down and stayed down forever. If you are upside-down in your home, but you still love your home for all the reasons that made you buy it in the first place, stick it out. You have to have a place to live. Isn’t it better to be paying toward your own home ownership than someone elses?
No matter what your home’s value is, someday you will have it paid off. It WILL even be worth more than you paid. I believe that!
When you are moving, you will need to call your utility companies and inform them of your move. You will want to disconnect your service if you are moving out or get connected when you are moving in. It can be tedious to look up all the numbers necessary so I have compiled a list that I hope will make things a little easier.
Please let me know in the comment section if I have overlooked anything or if I have the wrong information for something. I would love for this to be correct and include anything that would be of help to the most people. Thanks
Get Connected: Utah County Utilities list
Rocky Mountain Power
201 S Main St Ste 2300
Salt Lake City UT 84140
Tel – (888) 221-7070
Fax – (888) 800-2851
Power Outage – (877) 508-5088
Web – http://www.rockymtnpower.net
Web – RMP Utah Regulatory Information
Questar Gas Company
180 E 100 S
PO Box 45360
Salt Lake City UT 84145-0360
Tel – (801) 324-5555
(801) 324-5111 Customer Service
Fax – (800) 324-5131 Legal
Web – www.questargas.com
24 Hour Emergency Service (800) 323-5517
Centurylink (formerly Qwest) Phone, Internet
250 Bell Plaza RM 1603
Salt Lake City, UT 84111
Phone: (801) 237-7200
Fax:
Toll Free: (888) 642-9996
Customer Service: (800) 244-1111
Web: www.qwest.com
Comcast (Phone, Internet, & Cable TV)
One Comcast Center
Philadelphia, PA 19103
Tel: (215) 286-8667
Toll Free: (800) 288-2085
Fax: (215) 286-8414
Web: www.comcast.com
Orem City Utilities (Water, Sewer, & Garbage):
58 North State St. Orem, UT
801- 229-7275
Provo City Utilities:
351 West Center, Provo UT 84601
801-852-6000
Payson Utilities:
439 West Utah Ave, Payson, UT 84651
801-465-5200
Lehi:
153 North 100 East, Lehi, UT 84043
801-768-7100
Alpine:
20 North Main Street, Alpine, UT
(801) 756-2378
American Fork:
Uinta Water Systems
947 S 500 E # 216, American Fork, UT
(801) 492-4900
Pleasant Grove:
70 South 100 East, Pleasant Grove, UT
(801) 785-5045
Springville:
10 South Main Street, Springville, UT
(801) 489-2706
Spanish Fork :
Eagle’s Landing Water Company, LLC.
1094 North Ridge Way
Spanish Fork, UT 84660
Tel: (801) 794-9559
Fax: (801) 794-9669
email: hearthstonedevelopment@hotmail.com
Schools:
Alpine School District: Orem and North Utah County
801-610-8400
School Boundary Map:
Nebo School District: South of Provo
(801) 354-7400
350 South Main
Spanish Fork, UT 84660
Provo School District: Provo
280 West 940 North, Provo, Ut
Phone: (801) 374-4800
Fax: (801) 374-4808
Yesterday, our in-house lender was telling us that too many people lately have told him they are still waiting to buy a home. The reason?
They are waiting for the interest rates to go down some more. The interest rates are at an all-time low. They have been hovering around 3 and 4 percent. Any lower, and it will be like believing the banks are going to pay you for the priviledge of lending you money. (I’m kidding)
Back when rates dropped to 7%, I thought that was as low as they would go, then they went to 6%, then 5%…, so, I was wrong.
Yes, it was advantageous to wait during those times because house prices were dropping as well. No one was buying homes so the rates kept going down to entice people to get out and buy, something that wasn’t happening.
I have information for you– homes are selling again and prices are starting to go up in Utah County.
The number of homes listed right now is down, bordering on a Seller’s market level. Each of the last 3 clients I have been working with have lost, not one home, but at least 2 and even 3 of the homes they wanted, because –they lost the bidding wars. There have been multiple offers on every home we finally found for them and we were not the winning bid.
One of my clients lost a home even after offering $20,000 over the asking price. Another client finally won her home by offering $5,000 over the asking price and the other got his at asking price with no seller-paid concessions.
Times are changing. I think buyers are tired of waiting and sellers are still afraid to list so the demand for good homes is growing. Even in spite of all the short sales out there, the opportunity to make that killer deal is getting rare. If you are waiting, you are running out of time and may just wait yourself out entirely.
Back to my friend’s point. Interest rates are down, yes, you may wait and get a percentage of a percentage better but in the meantime, prices are going up. So, if while waiting for that percentage of a percentage on the rate to go down but the price of the type of home you want goes up, it will cost you more in the long run.
There is a lot of talk about forcing mortgage companies to give homeowners a break with one proposed solution or other. I know the intentions are well-meaning and we all sympathize with the problem so many are facing right now with ARMs, foreclosures, etc.
While I am hopeful, or wishful that we can find a suitable solution to get our economy, including the housing market, on a healthier road, I think some of the suggestions are pretty short sighted.
If at any point, we decide to tell the lenders that they will be forced to stop charging interest, or they must not be allowed to expect to get their investment back, even if for a set amount of time, I am afraid the housing market will be thrown into an unrecoverable spin.
The housing market depends on people who have money and are willing to invest that money by making it available to home buyers. I’ve heard a lot of disparaging talk about the “greedy” mortgage lenders, but the truth is, only a very small percentage of the population would own their own homes if it weren’t for these investors.
Their sole goal for making their money available is to make a profit. You can detest them all you want for their “greed” just because they want to invest their money wisely and watch it grow. Not everyone is content to watch their income stay exactly the same their entire lives, or spend every penny they earn on frivolity, or run every credit card to the max.
If the government suddenly says, “Sorry, even though you thought you were going to get your investment back with interest, Too Bad!” Who will ever want to invest their money in mortgages again? I fear it could kill the whole housing industry.
Homeownership would become a thing of the past.
Maybe the government will start providing our housing for us?
Chicago Housing Authority”s Ida B. Wells Housing Project at Pershing and King Drive, Chicago.
Here is another report from the MLS. These are homes that have sold so far in 2009, that last 55 days. There are 44 homes or condos that have sold. Notice the List price compared to the Sold price. List price is upper left hand corner and sold price is right hand side about an inch down on each listing.
Have you heard that homes are selling for pennies on the dollar? Not in Orem. Of 44 homes, only 8 sold for more than $10,000 less than the list price but there are at least as many that sold for List price or above. The hardest hit homes for discounts are the more expensive ones. Let me know if you want to see another city’s report. I can find this info in the state of Utah.
Listings: 44
Residential Client Report
Date: 02/24/2009 04:53 PM
State:Ut Status:SLD Prop Type:Single Family, Condo Num Days Back:55 City:Orem
Remarks: SELLER IS OFFERING A $2500 BUYER CLOSING COST CREDIT (expires 11/21/08). Darling condo in good condition. Great investment property. Sold As-Is, Section 10.2 of REPC does not apply. Buyer to verify information.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Remarks: Great Location – Close to I-15 with UVSC just down the street. BYU approx. 5 miles. Beautiful well-maintained unit, close to gym and play area. New Slate Floors. Great Investment. New carpet. Fresh paint. Priced to sell now. Sale Failed.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Tot Sq Ft: 1100 Tot Beds: 2 Tot Baths: 1.00 Family Rms: 1 Fireplace: 0 Gar|Port: 0 | 0
Yr Built: 1997 Taxes: $679 Acres: 0.02 HOA Fee: $72 Under Cnst: No Fin Bsmnt: 0%
Exterior: Aluminum/Vinyl, Brick
Lot Facts: Sprinkler, Auto-Full
Features & Info: Out Bldgs, Outdoor Lighting, Porch Open / Dishwasher, Disposal, Hardwood Floors, Kitchen-Updated, Range Oven Built In
Inclusions: Microwave, Range, Refrigerator
Remarks: Great condo in great condition Subject to sellers qualifying for their new home. Close to everything. A must see. Buyers to verify all listing info. Top floor unit. Maple flooring, solid surface countertops, play ground.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Tot Sq Ft: 1065 Tot Beds: 3 Tot Baths: 2.00 Family Rms: 0 Fireplace: 0 Gar|Port: 0 | 1
Yr Built: 1996 Taxes: $700 Acres: 0.02 HOA Fee: $120 Under Cnst: No Fin Bsmnt: 0%
Exterior: Brick
Lot Facts: Curb & Gutter, Sprinkler, Auto-Full, Terrain,Flat, Terrain, Mtn.
Features & Info: Animals Permitted, Out Bldgs, Outdoor Lighting / Closet-Walk-In, Disposal, Range Oven Free Std.
Inclusions: Dryer, Microwave, Washer
Remarks: What a Deal!! Willing To Do Lease Option, Spacious Condo, Bottom Unit, Easy To Show, Great Location & Is The Best Buy In The Neighborhood, Come and See It Today!!!
Information deemed reliable but not guaranteed. Buyer to verify all information.
Remarks: Bottom floor unit. HOA dues pay landscaping, basic cable, ext. lights, ext. water, snow/garbage removal, insurance for complex. HOA is $75 when paid by 1st. One covered parking & ample free spaces. Must be owner-occupied. Up to 3 household pets allowed.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Remarks: Great Location! Near UVU! Top floor with vaulted ceilings and mountain view. Plenty of storage. Plenty of visitor parking. Amenities include: Sand Volleyball, Basketball, RV Parking,
Information deemed reliable but not guaranteed. Buyer to verify all information.
Inclusions: Basketball Std, Ceiling Fan, Dryer, Range, Range Hood, Refrigerator, Storage Sheds, Swing Set, Washer, Water Soft Own
Remarks: FOR SHOW INSTRUCTIONS AND KEYBOX CODE CLICK ON “VIEW AGENT REMARKS.” A Pre-Qual Letter or Proof of Funds MUST accompany ALL offers. 10.2 of the REPC does not apply. Buyer/Buyer Broker to verify all info. Home sold AS IS.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Features & Info: Animals Permitted, Bay/Box Windows, Double Pane, Entry(Foyer) / Closet-Walk-In, Dishwasher, Disposal, Jetted Tub, Range Oven Free Std.
Inclusions: Ceiling Fan, Range Hood
Remarks: Sharp Townhouse with tile, new carpet and paint, new furnace, central air, private yard, great Orem area with private common park area. Easy to show. (Sq footage is an estimate)
Information deemed reliable but not guaranteed. Buyer to verify all information.
Tot Sq Ft: 1976 Tot Beds: 5 Tot Baths: 2.00 Family Rms: 2 Fireplace: 0 Gar|Port: 2 | 0
Yr Built: 1984 Taxes: $935 Acres: 0.17 HOA Fee: $0 Under Cnst: No Fin Bsmnt: 0%
Exterior: Aluminum/Vinyl
Lot Facts: Corner Lot, Curb & Gutter
Features & Info: Sliding Glass, Storm Doors / Dishwasher, Disposal
Inclusions:
Remarks: SELLER HAS ALREADY ACCEPTED AN OFFER AND NO SHOWINGS AT THIS TIME UNTIL SS IS APPROVED*SUBJECT TO BANK APPROVAL*DELETE 10.2*SOLD IN “AS IS” CONDITION*PRE-APPROVAL LETTER W/ ALL OFFERS*SQ FT PER COUNTY RECORDS*BUYER TO VERIFY ALL INFO*
Information deemed reliable but not guaranteed. Buyer to verify all information.
Tot Sq Ft: 2460 Tot Beds: 6 Tot Baths: 3.00 Family Rms: 2 Fireplace: 1 Gar|Port: 1 | 0
Yr Built: 1971 Taxes: $1 Acres: 0.34 HOA Fee: $0 Under Cnst: No Fin Bsmnt: 98%
Exterior: Aluminum/Vinyl, Brick
Lot Facts: Fenced Part, Terrain,Flat, View, Mtn
Features & Info: Patio /
Inclusions:
Remarks: SEE AGENT REMARKS FOR COMBO CODE-BANK OWNED, SOLD AS-IS, 10.2 DOES NOT APPLY, LENDER APPROVAL LETTER OR IF CASH PROOF OF FUNDS REQUIRED W/REPC, BANK ADDENDUMS TO BE SIGNED UPON ACCEPTANCE. BUYER TO VERIFY ALL LISTING INFO, SQ FT PER CNTY RCRDS.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Features & Info: Patio / Dishwasher, Disposal, Range Oven Built In
Inclusions:
Remarks: This home is in a great location w/great neighbors. Spacious backyard. Backs to an unbelievable park, w/running path, play equipment, baseball & soccer fields. Elementary kids walk across park to go to school. Home is a must see, very clean.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Tot Sq Ft: 3512 Tot Beds: 6 Tot Baths: 4.00 Family Rms: 2 Fireplace: 0 Gar|Port: 2 | 0
Yr Built: 1972 Taxes: $1,324 Acres: 0.22 HOA Fee: $0 Under Cnst: No Fin Bsmnt: 100%
Exterior: Aluminum/Vinyl, Brick
Lot Facts: Corner Lot, Fenced Part, Sidewalks, Sprinkler – Man-part, Terrain,Flat, View, Valley
Features & Info: / Kitchen-Second, Mother-in-Law Apt
Inclusions: Range
Remarks: CASH OFFERS ONLY! WALK TO UTAH VALLEY UNIVERSITY. SIX BED, FOUR BATH, TWO KITCHENS. Fax proof of funds, Short sale/As-Is & Lead Paint addendums.Asking price to have final approval from Bank. Seller reserves right to accept any offer. Read agent’s remarks.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Tot Sq Ft: 2912 Tot Beds: 3 Tot Baths: 4.00 Family Rms: 2 Fireplace: 2 Gar|Port: 2 | 0
Yr Built: 1967 Taxes: $1,290 Acres: 0.05 HOA Fee: $0 Under Cnst: No Fin Bsmnt: 90%
Exterior: Brick
Lot Facts: Curb & Gutter, Sidewalks
Features & Info: Deck, Patio Covered / Kitchen-Second
Inclusions:
Remarks: Needs a little TLC, but has great potential! Corp owned, sold as is, no warranties. See agent remarks for submitting offers. No FHA offers please.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Tot Sq Ft: 1776 Tot Beds: 3 Tot Baths: 3.00 Family Rms: 1 Fireplace: 0 Gar|Port: 0 | 1
Yr Built: 2007 Taxes: $1 Acres: 0.02 HOA Fee: $115 Under Cnst: No Fin Bsmnt: 0%
Exterior:
Lot Facts: View, Mtn
Features & Info: Double Pane, Patio, Sliding Glass / Closet-Walk-In, Dishwasher, Disposal, Master Bath, Range Oven Free Std., Vaulted Ceilings
Inclusions: Microwave, Range, Range Hood, Refrigerator
Remarks: Beautiful new subdivision with 9 ft ceilings. Fenced backyards, 2 tone paint, granite countertops, $8k in flooring upgrades. Tennis court, BBQ pavilion, and playground. Owner Agent. Buyer to verify information.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Inclusions: Ceiling Fan, Range, Range Hood, Storage Sheds, Window Covers
Remarks: 3 Bed 2 Bath NE Orem*Walking Distance To Schools And Half A Block To Golds Gym*Close To Grocery Store*Straight Shot To Freeway on 800 Norht*Close To Canyon/Ski/Bike Trails* Great Condition*Covered Patio*Come See!
Information deemed reliable but not guaranteed. Buyer to verify all information.
Inclusions: Basketball Std, Ceiling Fan, Dog Run, Range Hood, Refrigerator, Swing Set, TV Antenna, Window Covers, Wood Stove
Remarks: Solid Brick Rambler in secluded cul-de-sac. Recently painted, also has a mother in law apartment. Motivated sellers. Buyer to verify all information
Information deemed reliable but not guaranteed. Buyer to verify all information.
Remarks: Brand New Townhome close to UVU,I-15, shopping and Sleepy Ridge Golf Course. IT HAS IT ALL! knotty alder case, base, doors and cabinets. Stainless Steel appliances, granite counter tops, travertine tile, Mountain views and walking distance to golf Course.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Remarks: SELLER IS OFFERING A $1,500 BUYERS CLOSING COST CREDIT UNTIL 2/7/09 *** Nice townhome with granite, knotty alder cabinets, master bedroom and two car garage! Good investment property. Sold As-Is. Buyer to verify information.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Remarks: REMODELED! Licensed Carpenter’s home. You can see the TLC! New light fixtures, Carpet, Counters, Refinished Cabinets, New Appliances, Nicely Landscaped, Shop in back and a neighborhood you’ll love calling home! Motivated to SELL ASAP!
Information deemed reliable but not guaranteed. Buyer to verify all information.
Remarks: Beautiful home located in southwest Orem. 4 bedroom, 3 full baths. One bedroom could be an office. Home shows very well & is in excellent shape. Fully landscaped with auto sprinkler system, full vinyl fence. RV parking. Call today for an appointment
Information deemed reliable but not guaranteed. Buyer to verify all information.
Tot Sq Ft: 2500 Tot Beds: 6 Tot Baths: 2.00 Family Rms: 2 Fireplace: 2 Gar|Port: 0 | 2
Yr Built: 1960 Taxes: $1,076 Acres: 0.20 HOA Fee: $0 Under Cnst: No Fin Bsmnt: 80%
Exterior: Brick
Lot Facts: Curb & Gutter, Fenced Full, Paved Road, Sidewalks, Sprinkler, Auto-Full, Terrain,Flat, View, Lake, View, Mtn
Features & Info: Skylights / Dishwasher, Disposal, Gas Log, Hardwood Floors, Kitchen-Second, Kitchen-Updated, Mother-in-Law Apt, Range Oven Free Std.
Inclusions: Ceiling Fan, DishWasher, Microwave, Range, Range Hood, Refrigerator, Storage Sheds, Water Soft Own, Window Covers
Remarks: Remodeled Kitchen, Mother in law apt-w/separate entrance(currently rented mo-mo), quiet neighborhood, 2 gas fireplaces, hardwood floors(under carpet), new roof(08), new furnace(06)/water softener(08), central air, 2 kitchens, well maintained home, storage
Information deemed reliable but not guaranteed. Buyer to verify all information.
Tot Sq Ft: 2284 Tot Beds: 3 Tot Baths: 2.00 Family Rms: 2 Fireplace: 0 Gar|Port: 2 | 0
Yr Built: 1993 Taxes: $1,111 Acres: 0.18 HOA Fee: $0 Under Cnst: No Fin Bsmnt: 50%
Exterior: Aluminum/Vinyl, Brick
Lot Facts: Cul-de-Sac, Curb & Gutter, Fenced Part, Paved Road, Sidewalks, Sprinkler, Auto-Full, Terrain, Steep Slope, Terrain,Flat, Terrain, Grad Slope, View, Lake, View, Mtn
Features & Info: Deck, Double Pane, Entry(Foyer), Outdoor Lighting, Patio Covered / Dishwasher, Disposal, French Doors, Range Oven Free Std.
Inclusions: Ceiling Fan, Microwave, Range, Range Hood, Refrigerator, Window Covers
Remarks: 2 car finished garage,.18 acre, basement 50% finished, rv parking, covered patio, quiet cul-de-sac location, easy access to I-15 & shopping, open floor plan, beautiful laminate flooring, large family room, kitchen appliances included and room to grow!
Information deemed reliable but not guaranteed. Buyer to verify all information.
Features & Info: Out Bldgs, Outdoor Lighting, Patio, Patio Covered, Sliding Glass / Dishwasher, Disposal, Kitchen-Updated, Laundry Chute, Master Bath, Range Oven Free Std.
Inclusions: Range, Range Hood, Storage Sheds, Swing Set, Wood Stove
Remarks: Sale Failed! Best Value in Orem! Beautiful remodeled 5Bed/3Bth rambler. Quiet cul-de-sac in great Orem neighborhood. Great floor plan/extra nice kit. 2 famlyrooms. Commercial play yard equip. FP&Wood Stove. RV parking. Not a Short Sale!!
Information deemed reliable but not guaranteed. Buyer to verify all information.
Remarks: DELIGHTFUL CLEAN TOWNHOME. FEELS LIKE NEW. SPACIOUS ROOMS w/2STORY GREAT ROOM OFF KITCHEN. GRANITE COUNTERTOPS, KNOTTY ALDER CABINETS, Lg MASTER SUITE w/MASTER BATH, JETTED TUB, SEPARATE SHOWER. WONDERFUL OPPORTUNITY. SEE AGENT REMARKS. SqFtAPPRX
Information deemed reliable but not guaranteed. Buyer to verify all information.
Remarks: FOR SHOW INSTRUCTIONS AND KEYBOX CODE CLICK ON “VIEW AGENT REMARKS.” A Pre-Qual Letter or Proof of Funds MUST accompany ALL offers. 10.2 of REPC does not apply. Buyer/Buyer Broker to verify all info. New carpet and paint! SELLER WILL PAY 3% BCC
Information deemed reliable but not guaranteed. Buyer to verify all information.
Remarks: Brand new Townhome on Sleepy Ridge Golf Course.Close to UVU, I-15 and shopping.This unit has it all! Knotty alder cabinets, doors, case and base. Stainless steel appliances, granite countertops and travertine tile. This is a great location and a must SEE!
Information deemed reliable but not guaranteed. Buyer to verify all information.
Remarks: HAVE AN OFFER, WAITING FOR APPROVAL.. All offers below asking price subject to lender approval.Sold “as is” seller never occupied property and non-occupant addendum must be attached to any offer.Please look at all the possibilities of this fantastic home.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Tot Sq Ft: 2746 Tot Beds: 4 Tot Baths: 3.00 Family Rms: 2 Fireplace: 1 Gar|Port: 2 | 0
Yr Built: 1973 Taxes: $1,155 Acres: 0.21 HOA Fee: $0 Under Cnst: No Fin Bsmnt: 95%
Exterior: Aluminum/Vinyl, Brick
Lot Facts: Fenced Full, Sidewalks, Sprinkler, Auto-Full
Features & Info: Deck, Out Bldgs / Closet-Walk-In, Den/Office, Dishwasher, Disposal, Gas Log, Hardwood Floors, Jetted Tub, Master Bath, Range Oven Free Std., Vaulted Ceilings
Inclusions: Ceiling Fan, Refrigerator
Remarks: This home is in great condition. Completely updated, walk out basement. Newer carpet, paint, kitchen. Well taken care of yard. This home shows great. Oak wood deck.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Features & Info: Double Pane / Bath-Sep Tub/Shower, Gas Log, Jetted Tub, Master Bath, Oven-Double, Range-Countertop, Vaulted Ceilings
Inclusions:
Remarks: Main floor living condo with views from all sides, granit/tile kitchen tops/marble bathrooms, double-sided F/P, hardwood floors, cherry cabs, easy to show and priced to sell quickly.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Tot Sq Ft: 3800 Tot Beds: 6 Tot Baths: 3.00 Family Rms: 2 Fireplace: 0 Gar|Port: 2 | 0
Yr Built: 1972 Taxes: $1,084 Acres: 0.36 HOA Fee: $0 Under Cnst: No Fin Bsmnt: 0%
Exterior:
Lot Facts:
Features & Info: /
Inclusions:
Remarks: FOR SHOW INSTRUCTIONS AND KEYBOX CODE CLICK ON “VIEW AGENT REMARKS.” This Winter Promotion also includes a BCC incentive for owner/occupant buyers of up to 3.5% when written in contract. Offers acceptable through 1/31/09. SOLD AS IS.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Remarks: Wow! Updated, spacious home in great area with full mother-in-law apartment! Newer windows, furnace, a/c. Includes 2 washer/dryer sets, downstairs refrig, 2 FULL kitchens. Basement is walk-in with only 1 step. Great value/investment! Note BAC. EZ to Show!
Information deemed reliable but not guaranteed. Buyer to verify all information.
Remarks: Beautiful home in quiet Culdesac. Subsidize your house payment with a renter. This home has a legal accesory apartment. Similar homes in the area are getting $650 to $700 a month. Close to UVU. Includes Central Vac.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Features & Info: Double Pane, Patio / Closet-Walk-In, Den/Office, Dishwasher, Disposal, Gas Log, Kitchen-Second, Master Bath, Range Oven Free Std.
Inclusions: Ceiling Fan, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
Remarks: Great location in the heart of Orem. This beautiful home is close to everything. Shopping, restaurants, the city park and library all just minutes away. Huge family room with kitchenette in basement and large room that would be perfect for a home theater.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Remarks: FOR SHOW INSTRUCTIONS AND KEYBOX CODE CLICK ON “VIEW AGENT REMARKS.” A Pre-Qual Letter or Proof of Funds MUST accompany ALL offers. 10.2 of REPC does not apply. Buyer/Buyer Broker to verify all info. Home sold AS IS.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Remarks: Sharp Rambler with lots of upgrades. Beautiful 2 tone paint, hardwood floors, updated kitchen w/ granite counter tops, great carpet, gas fireplace, nice patio. Great Orem location. Walk to UVSC/Lakeridge Jr.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Remarks: Granite kitchen, newer roof. Oak floors & cabinets. Triple pain windows, R-bsmt, Fm rm & kitchen. Formal living & dining w/ French doors. View of lake & Mtns. Beautiful surroundings. Subject to 3rd party approval. See agent remarks.
Information deemed reliable but not guaranteed. Buyer to verify all information.
Remarks: This Orem rambler has been competley remodeled with much thoughtfullness and charm. Excellent neighborhood w/ great schools; all within walking distance. Jetted tub in master suite. Mature fruit trees. Oversized garage with workshop. PRIDE OF OWNERSHIP!!
Information deemed reliable but not guaranteed. Buyer to verify all information.
Tot Sq Ft: 3666 Tot Beds: 5 Tot Baths: 4.00 Family Rms: 0 Fireplace: 1 Gar|Port: 2 | 0
Yr Built: 1969 Taxes: $1,596 Acres: 0.39 HOA Fee: $0 Under Cnst: No Fin Bsmnt: 100%
Exterior: Brick
Lot Facts: Additional Land Available, Curb & Gutter, Fenced Full, Secluded Yard, Sprinkler, Auto-Full, Terrain,Flat, View, Mtn
Features & Info: Outdoor Lighting, Patio, Porch Open, Sliding Glass / Den/Office, Dishwasher, Disposal, Gas Log, Master Bath, Oven-Wall, Range-Countertop
Inclusions:
Remarks: Well built rambler with large gathering rooms, master suite, walk out to beautiful professionally landscaped yard. Gas log, wood burning stove, fully finished basement w/entrance. Office w/built in shelves. New AC/Furnace. Hurry bring the family!
Tot Sq Ft: 4710 Tot Beds: 6 Tot Baths: 4.00 Family Rms: 2 Fireplace: 1 Gar|Port: 2 | 0
Yr Built: 1984 Taxes: $2,280 Acres: 0.28 HOA Fee: $0 Under Cnst: No Fin Bsmnt: 100%
Exterior: Brick
Lot Facts: Curb & Gutter, Fenced Full, Paved Road, Secluded Yard, Sidewalks, Sprinkler, Auto-Full, Terrain, Grad Slope
Features & Info: Animals Permitted, Attic Fan, Bay/Box Windows, Double Pane, Entry(Foyer), Out Bldgs, Outdoor Lighting, Patio, Porch Open / Central Vacuum, Closet-Walk-In, Den/Office, Dishwasher, Disposal, Formal Dining, Master Bath, Oven-Double, Oven-Gas, Oven-Wall
Inclusions: Basketball Std, Ceiling Fan, Dog Run, Microwave, Range, Range Hood, Storage Sheds, Swing Set, TV Antenna, Water Soft Own, Window Covers
Remarks: Price reduced 60 THOUSAND DOLLARS until December 20 only. Owner transfered and wants FAST sale!!! NOT A SHORT SALE! Home is flawless must see ez to show call mark or jen then use keybox.
Remarks: Majestic! & Located In A Quiet Circle,Features A Huge Master Suite,2 Kitchens, Conditions 9.5, Stunning Kitchen Designed For Entertaining,Vaulted 2.5 Story Entry With Grand Stairs,Formal Living & Dining,Guest Quarters&MIL Apt.,Furniture Avlble.BringOffers
Information deemed reliable but not guaranteed. Buyer to verify all information.
Remarks: Short-Sale*Remarkable Neighborhood*Peaceful Setting on .93 Acre with Swimming Pool*Entertainer’s Delight*Main Floor Master Suite*Buyer to Verify All Info*See Agent Remarks.
Tot Sq Ft: 8362 Tot Beds: 7 Tot Baths: 5.00 Family Rms: 2 Fireplace: 3 Gar|Port: 4 | 0
Yr Built: 2007 Taxes: $2,528 Acres: 0.58 HOA Fee: $0 Under Cnst: No Fin Bsmnt: 100%
Exterior: Stone, Stucco
Lot Facts: Cul-de-Sac, Curb & Gutter, Paved Road, Sidewalks, Sprinkler, Auto-Full, Terrain,Flat, View, Lake, View, Mtn, View, Valley, See Remarks
Features & Info: Animals Permitted, Bay/Box Windows, Deck, Double Pane, Entry(Foyer), Outdoor Lighting, Patio, Patio Covered, Porch Open, Sliding Glass, See Remarks / Bar Wet, Bath-Sep Tub/Shower, Central Vacuum, Closet-Walk-In, Den/Office, Dishwasher, Disposal, Formal Dining, French Doors, Gas Log, Hardwood Floors, Intercom, Jetted Tub, Kitchen-Second, Master Bath, Oven-Double, Oven-Gas, Range Oven Built In, Range Oven Free Std., Range-Gas, Vaulted Ceilings, See Remarks
Inclusions: Alarm System, Window Covers
Remarks: SHORT SALE SUBJECT TO 3TH PARTY APPROVAL. WONDERFUL HOME IN EXCLUSIVE OREM AREA, GREAT KITCHEN, SUPER DETAIL THROUGHOUT, BEAUTIFULLY & PROFESSIONALLY LANDSCAPED, 2 GREAT ROOMS, LOTS OF UPGRADES, PLAY & FITNESS ROOMS.THEATER EQUIPMENT IS EXCLUDED.
I was showing a Police Officer and his wife some homes recently. It gets dark early this time of year so it was dark when we were looking. This policeman told me he was happy that it was night because he said that you can better judge a neighborhood by the activity that goes on after dark.
That made sense to me. He told me that I should recommend to any potential buyer that if they are interested in a property, they should visit the neighborhood at night before making a final decision.
Foreclosures are up across the country. Utah usually ranks higher than average in foreclosure rates. At this time, we have moved closer to the bottom. That is good news. That means that the rest of the country is experiencing higher foreclosure rates than normal but Utah’s rate has remained steady. This shows that we are not being affected by the same problems plaguing the rest of the nation. While I am not saying that we are doing well in foreclosure rates, I believe our problems are based on some other phenomenon than the current “mortgage crisis”.
However, I am concerned with the way people react when they do receive that “Notice of Default”. Too many people do not realize they still have options and give up. They start packing up and walk away without trying to keep their home. This is a mistake. Many homeowners do not have to lose their homes just because they have received a Notice of Default.
Having a foreclosure on your credit report can be devastating. It takes years to repair. If you can successfully sell your home before the bank takes it over, you can save yourself years of touble and heartache. Once you have received the Notice of Default, you typically have about 90 days to remedy the situation. Banks are foreclosing so many homes at this time that you may have even more time to find an better solution than foreclosure. Options may include selling the home, short sale, defer payments, etc.
If you have received a Notice of Default, don’t waste time. Call a professional and find out what your options are. I would be happy to offer any suggestions and help you get in contact with those that may be able to help. Feel free to call me.
I wrote a while ago about impending changes in the Real Estate Purchase Contract (REPC). In spite of my efforts and the efforts of a few other diligent agents in my office, we were not able to convince the Utah Division of Real Estate to leave section 10.2 in the REPC. 10.2 is the section that outlines the warranties that the seller agrees to.
The new REPC has been approved and will be the only REPC licensed agents will be allowed to use starting in January. CENTURY 21 Bushnell is a great office that cares about it’s agent’s abilitly to represent their clients with the highest professionalism. Because of this concern, we have been spending time in our sales meetings since the adoption of the new contract, going over the changes so we will be informed and ready.
Most offices in Utah County do not even have sales meetings anymore. CENTURY 21 Bushnell holds sales meeting weekly and I think it is an invaluable tool for us to stay in touch and keep up on the latest news and issues concerning the market; making us better prepared to best represent our clients. It is also when we tour the newest listings of our agents making all the agents in the office more familiar with the homes. This gives our sellers an advantage over selllers that list with agents that do not have office tours.
Section 10.2 stated that the seller warranted the property to be broom-clean, free of debris and personal belongings, the heating, cooling, electrical, plumbing and sprinkler systems, fixtures, appliances, fireplaces will be working and fit for their intended purpose on the date the seller delivers physical possession to the buyer. The roof and foundation to be free of leaks known to the seller, etc.
The old REPC outlined that if the buyer discovered problems with the home, he/she had seven days with which to negotiate a solution with the seller. Now, there is just a Buyer Due Diligence Deadline. The buyer will have to do all his evaluations and inspections and negotiating by that date, period.
The changes to the REPC are all things that we will get used to, but in the meantime, make sure you choose an agent that is prepared to handle the changes and can help you wade through some of the new ways of getting through a transaction without getting burned.
I have been amazed at the number of agents that didn’t know the old REPC even though it has been used for years. I have lost count of the times I had to tell the agent on the other side of my deals, “Well, it says in the REPC that…”
It sometimes seems that not all agents have their client’s best interest at heart. I pride myself on maintaining the highest standard of exellency that I can. The designations that I have earned are proof of my dedication to do what is best for my clients and help them accomplish their goal with the least amount of trouble and stress possible.
Please give me a call if you are planning to buy or sell in the future. I would love to talk to you about my services.
I had a buyer recently that met with me on a Friday and wanted to see homes on the following Wed. I searched the MLS all weekend looking for homes that fit his needs and started calling for appointments on Monday morning.
I found 9 homes that fit the criteria. I called all 9 agents.
3 agents answered their phones the first attempt. 3 told me to plan on showing their listings at my desired time. If they found it to be a problem, they would call me. This is always a good strategy for agents who represent sellers that are serious about selling their home.
2 called me back within a short time, 1 of those told me to plan on showing their listing at my desired time. The other one said that my desired time was too hard for both the sellers and the agent because they all worked, and could we come at 5:00?
“No, we can’t come at 5:00.” My client is from, not only out of town, but out of the country. I was scheduling 2 days= 48 hours, in advance at a time that worked with his tight schedule. Why was there not a keybox on the home? Is the seller not motivated enough to sell to allow a keybox on the home? Or, is the agent not committed to this career enough to invest in a keybox for his/her listings? I don’t know what the reason was in this case, but I took that home off the schedule because there were enough other homes to see that were trying harder to “get sold”.
Selling a home can be an inconvenience but putting up with the inconvenience is worth it in the end when that buyer puts an offer on your home instead of the one they could not get in to see.
The most surprising thing about this is that 4 agents did not even bother to call me back even though they had a 2 day time window. I feel bad for these sellers who are never going to get their home sold if their agents wont make appointments for showings.
BUYERS DO NOT PUT OFFERS ON HOMES THEY CAN’T SEE!
Story continues: One of the homes was exceptionally promising. This agent was one that answered right away. I asked to preview the home the day before as well as show it at our planned time. He said that would be fine. I went by at the scheduled time and the people were leaving. They said they were late for an appt. so could not let me see the home. I asked if I could come back later and they told me to come back in 2 hours. They called a few minutes before and postponed again another 2 hours. I showed up 3:30 and they walked me through. It was a mess. (If you want a luxury home price, you need to look like a luxury home.) They made sure to let me know they needed a lot of time to move out, so a quick closing was out of the question.
Anyway, after all this run around and feeling like these sellers were not motivated to sell. I finally verified that I was bringing my client by the next morning.
They said, “No! We have been told not to show the home.”
I thought that was very strange so I called the agent when I left. He told me they were tenants. That explained a lot and I wish I had known that before I wasted all day trying to preview it.
If you are renting a home that is listed for sale, understand that many tenants will do all they can to sabotage a sale.
The point of this post is to make sellers aware of some of the most common mistakes that other sellers make.
1. Choose an agent that will answer his/her phone and make appointments to show your home.
2. Let your agent put a keybox on your home and allow buyers to come through it when you are not home.
3. Be flexible when you show it. The more buyers that come through, the better the chance of getting an offer.
4. Keep your house clean when it is being shown.
5. Don’t have renters in a home you need to sell unless you explain to them that the buyer will have to honor the lease if sold or offer them an incentive to be cooperative.
6. Don’t waste your time trying to sell if you are not motivated to do so.
Taking these few things under consideration will give you an edge in a market that is very competitive at the moment.
