Utah County Real Estate - Buying vs. Renting It is pretty much common knowledge that the current housing market is in turmoil all around the world.  Many couples, families and individuals who have planned to purchase homes and residential properties are putting off their plans to try and wait out the storm.  But the questions continue to come up every day, Should I rent? Or Should I buy?  Since many of the Utah County homes available today are priced less costly, many factors continue to be troublesome to home buyers, including falling general property values, security and fluctuating interest rates.  Due to these uneasy situations it is really logical and practical to tighten our belts and postpone any investment or acquisition transaction. The decision to buy or to rent a home should ... 05/14/2010

We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months. PRICE ACTION   Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.   SUMMARY Has the Utah Real Estate Market bottomed? Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those investor with low and/or no risk tolerance to purchase.  Investors with a long term buy and hold strategic.  Opportunities are starting to make sense.  Contact your property resource specialist for information to make an inform... 02/28/2010

Utah County Homes for Sale and Closing Costs Who pays for Closing Costs? There have been times in the past that I have had clients come to closing not understanding what kind of money they would be required to pay. There are various fees associated with buying and selling a home.  These fees are called closing costs.  Some of these fees are automatically assigned to either the buyer or the seller, other costs are either negotiable or are dictated by local area custom. Buyer Closing Costs When the buyer applies for a home loan, loan officers are required to provide the borrower with a good faith estimate of their closing costs.  These fees will vary depending on the type of loan and the terms of the purchase agreement.  Some of the closing costs, especially those dealing with the loan ap... 02/16/2010

Utah County Home Buying vs. Utah County Renting There are certainly some advantages and disadvantages to renting in Utah County versus owning your own home.  When you rent, you are normally limited on what you can do to improve your home.  You have to get permission to make changes or improvement to the home.  It really doesn't make sense to paint, put in new carpet, tile or window coverings when the main person who benefits is the landlord.  The landlord wants to keep expenses to a minimum and will probably not be spending much to improve the property as well.  When you own the home you do pretty much whatever you want to.  You get the benefit of any improvements you make.  You can really make your home a home. Search Utah MLS Listings Utah County Real Estate  Utah County Homes  Utah H... 12/11/2009

                   _______________________________________________________________________________________________________________________________________      Mark Watterson is a Utah licensed Real Estate Broker with Principle Realty Group, Inc. and a Utah license Loan Officer with Springwater Capital, LLC Contact Mark Watterson your Local Property Resource Specialist for the most up-to-date market conditions data for Salt Lake, Davis, Utah and Weber Counties.  View comprehensive property resource information at www.markwatterson.com   It's Not About the Money -It's about life long relationships that are based on Customer Service Excellence.The "Voice of the Customer" is where it all begins. Customer Service Excellence is not just words. It's our CULTURE.My customers refer their family... 11/22/2009

We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months. PRICE ACTION   Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.    SUMMARY Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase.  High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing.  Some are trying to time the market and market timing is risky.  Trying to time the bottom is not for the inexperien... 11/01/2009

Lehi. UT 84005 Infrared Home Inspections Utah's Oldest and Largest Infrared Home Inspection Company Alamo Infrared Home Inspections established in 1986 200% Money Back Gaurantee 801-651-5484 visit our website 10/02/2009

Other Rooms: Flr 1 Family Room / Den, Flr 1 Kitchen Dining, Flr 1 Bar Dining, Flr 1 Formal Dining, Flr 1 Semi Formal Dining, Flr 1 Laundry, Bsmt Family Room / Den, Bsmt Kitchen Dining, Bsmt Laundry; Features: Bar Wet, Bath-Sep Tub/Shower, Den/Office, Formal Dining, Intercom, Master Bath, Mother-in-Law Apt, Oven-Double, Range-Countertop, Vaulted Ceilings; Window Covering: Full, Plantation Shutters; Air Conditioning: Central Air Electric; Heating: Forced Air, Gas Central; Flooring: Carpet, Tile; Basement: Full, Walkout, See Remarks. To directly access this property, use this shortcut: http://www.fizber.com/utah-buy-single-family-home-11646407.html 08/30/2009

BEAUTIFUL HOME IN PRIME LOCATION! Easy access to freeway, schools, shopping, Thanksgiving Point, and much more. This home has been well maintained and is priced to sell. Approximately 2000 sq.ft. New carpet throughout house. Master bedroom with walk-in closet and private bathroom. Beautiful living room with vaulted ceilings. Spacious family room wired for surround sound. Unfinished basement includes bedroom, bathroom, large laundry room and good size cold storage. Big covered front porch. Full vinyl privacy fencing. Convenient cement patio near vegetable garden. To directly access this property, use this shortcut: http://www.fizber.com/utah-buy-single-family-home-11648095.html 08/20/2009

Lehi was yet another city that had a small increase in number of homes sold.  That being said, Lehi Real Estate sold prices had large decreases of over 15%.  Homes is Lehi are now priced 20% more on average but will most likely continue the trend and decrease.  478 single family Lehi homes can be found on the MLS. 07/08/2009

Price: $600,000 FIZBER.com ID 11646407 Single Family with 6 bed, 4.0 bath, in 372 E CLUBVIEW LN Lehi, UT, 84043 http://www.fizber.com/11646407/ 372 E CLUBVIEW LN - For Sale By Owner Property Details: Type: Single Family Address: 372 E CLUBVIEW LN, Lehi, UT, 84043 Sq footage: 6845.0 Floors: n/a Bathrooms: 4.0 Bedrooms: 6 Year built: 2007 View full property details and seller's contacts. View more Utah homes for sale. Homes for Sale by Owner. Description: Other Rooms: Flr 1 Family Room / Den, Flr 1 Kitchen Dining, Flr 1 Bar Dining, Flr 1 Formal Dining, Flr 1 Semi Formal Dining, Flr 1 Laundry, Bsmt Family Room / Den, Bsmt Kitchen Dining, Bsmt Laundry Features: Bar Wet, Bath-Sep Tub/Shower, Den/Office, Formal Dining, Intercom, Master Bath, Mother-in-Law Apt, Oven-Double, Range-Countertop, ... 07/04/2009

Price: $239,000 FIZBER.com ID 11646411 Single Family with 4 bed, 2.0 bath, in 5366 N Chestnut Street Lehi, UT, 84043 http://www.fizber.com/11646411/ 5366 N Chestnut Street - For Sale By Owner Property Details: Type: Single Family Address: 5366 N Chestnut Street, Lehi, UT, 84043 Sq footage: 3748.0 Floors: n/a Bathrooms: 2.0 Bedrooms: 4 Year built: 2007 View full property details and seller's contacts. View more Utah homes for sale. Homes for Sale by Owner. Description: Interior Features Include: Other Rooms: Flr 1 Family Room / Den, Flr 1 Kitchen Dining, Flr 1 Bar Dining, Flr 2 Laundry Features: Bath-Sep Tub/Shower, Closet-Walk-In, Dishwasher, Disposal, Gas Log, Jetted Tub, Master Bath, Range-Gas Window Covering: Blinds Air Conditioning: Central Air Electric Heating: Forced Air Flooring... 07/04/2009

You can make drastic improvement to your home with spending very little money.  The number one way is to improve your lighting.  How old are your lighting fixtures?  Many of these fixtures are used every day, but are often ignored.  Changing these light fixtures can make a huge difference in the appearance of your rooms. Look around at home improvement stores (Lowes, Home Depot) and lighting stores to get an idea of the style that you think might work.  A lighting store might be priced a little higher, but it will give you some great ideas on how you should proceed.  Once you have finally decided on a style that will fit within you home décor and decided on the big purchase, you can move on to step two of your home improvement project, that of installation.  Local home improvement store... 06/14/2009

Buying a home is a very good investment. As a general rule, homes appreciate about five percent a year.  Some years will be more, some less.  The figure will vary from neighborhood to neighborhood, and region to region.  Five percent may not seem like that much at first.  Stocks, at times, appreciate much more, and you could earn over six percent with the safest investment of all, treasury bonds. Presumably, if you bought a $200,000 house, you did not pay cash for the home.  You got a mortgage, too.  Suppose you put as much as twenty percent down - that would be an investment of $40,000.  At an appreciation rate of 5% annually, a $200,000 home would increase in value $10,000 during the first year.  That means you earned $10,000 with an investment of $40,000.  Your annual "return on inve... 06/06/2009

We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months. PRICE ACTION   Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.    SUMMARY Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase.  High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing.  Some are trying to time the market and market timing is risky.  Trying to time the bottom is not for the inexperien... 05/28/2009

Home buyers are able to choose between Buyer agents or the Sellers agent, to buy a home. Many buyers didn't even know that they could use a buyer agent or even if they were available. Most home buyers assumed the agent showing the home represented them. Seller agents were obligated to represent the seller's interest unless they had a separate written agreement with the buyer to represent them. The FTC did a study of the Real Estate brokerage industry in 1983 and determined that most home buyers actually thought that the Real Estate agent showing them homes was working in their best interest, the vast majority were wrong. The FTC started putting pressure on the states to have real estate agents disclose in writing to the consumers whose side they were representing. In the early 1990's mo... 05/24/2009

When it becomes time to sell many times real estate agents will refer to your home as real estate, they will refer to your purchase as a "home".  Yet, if you are selling property, they will refer to it as a "house".  There is a reason for this.  Buying real estate is often an emotional decision, but when selling real estate you need to remove emotion from the equation.  You need to think to think of your house as a marketable commodity, Property, Real Estate.  The goal of your Realtor is to get buyers to view your property as their potential home, not yours.  If you do not consciously make this decision, you can inadvertently create a situation where it takes longer to sell your property. Another important thing you must do to your property is to remove all of your family's personal ite... 05/18/2009

When it comes time to make an offer on your new home, occasionally there are a few obstacles that make it difficult.  It is sometimes hard to discover all the potential problems that might go wrong, but you might want to anticipate some so that you can cancel the contract without penalty.  These are called "contingencies and you must make sure to include them when you offer to buy a home. One of the more popular contingencies is having to sell a previous home before purchasing a home.  Making the closing the sale of the home a condition of your offer is important to avoid having to pay two mortgage payments instead of one.  Other popular contingencies include the ability to obtain financing, property appraising high enough for lender consideration and inspections being satisfactory.  Ba... 05/07/2009

Homes in Lehi sold experienced a significant 26% decrease.  Median sold prices dropped 11% and average sold prices were down even more to 15%.   Lehi is just under the county average with 15 months of inventory. 04/22/2009

If you are in the midst of buying a home, you know that you have to purchase homeowners insurance. This will cover any losses you might incur due to natural disasters, fires, or other mishaps. You have probably also heard the term title insurance being thrown around as you have prepared yourself to sign the loan documents. Many people are less familiar with this type of insurance and its purpose. The following are some common questions people have about title insurance, accompanied by some helpful answers. What is a title?A home title is a legal document establishing evidence of ownership. Basically it is the deed to the home. What is title insurance?Title insurance is a protection policy that will reimburse you for losses caused from problems with the property's title. What kind of iss... 04/07/2009