Home Buyers-Our Team has the
experience to get the price and terms you want.
Provide resources for financing, home inspections,
contractors for repair bids, appraisers, tax
credits, and more! Take a tour of the Salt Lake City homes for sale
Home Search. Buying Salt Lake City
Real Estate couldn’t be easier. Remember you don't
have to be a first time buyer to get a tax credit.
Distressed Home Sellers
- Don't let
the bank take your property back. Find out your
options. Our short sale website:
www.utahteam.com
is one of the
most comprehensive websites for information on
Foreclosures verses Short sales. If you have
received a "NOTICE OF SALE" or if you are at the
point nearing the Auction date we may be able
to post pone your auction and Sale the home on a
Short Sale. Don't wait till it is too late
call for a confidential consultation. It's free!
Home Loans- We can provide a referral you to some of the
trusted Mortgage Professionals in our area.
Lenders that we have used for years and have used on
our own home.
Herriman(www.herriman.org)
Electricity - Utah Power (888.221.7070)
Phone - Qwest (800.244.1111)
Water/Sewer - Herriman City (801.446.5323)
Trash - Herriman City (801.446.5323)
Holladay(www.cityofHolladay.com)
Electricity - Utah Power (888.221.7070)
Phone - Qwest (800.244.1111)
Water/Sewer - Salt Lake City (801.483.6700)
Trash - (801.562.6435)
Kearns(801.968.1011)
Electricity - Utah Power (888.221.7070)
Phone - Qwest (800.244.1111)
Water/Sewer - (Kearns City)
Trash - Salt Lake County
Magna(801.250.2118)
Electricity - Utah Power (888.221.7070)
Phone - Qwest (800.244.1111)
Water/Sewer - Magna City
Trash - Salt Lake County
Midvale(www.midvalecity.org)
Electricity - Utah Power (888.221.7070)
Phone - Qwest (800.244.1111)
Water/Sewer - West (Midvale City) East (Sandy)
Trash - Waste Management (801.280.8200)
Murray(www.ci.murray.ut.us)
Electricity - Murray City (801.270.2440)
Phone - Qwest (800.244.1111)
Water/Sewer - Murray City
Trash - Waste Management (801.280.8200)
Riverton(www.rivertoncity.com)
Electricity - Utah Power (888.221.7070)
Phone - Qwest (800.244.1111)
Water/Sewer - Salt Lake County
Trash - Waste Management (801.280.8220)
Salt Lake City(www.slcgov.com)
Electricity - Utah Power (888.221.7070)
Phone - Qwest (800.244.1111)
Water/Sewer - Public Utilities (801.483.6700)
Trash - Public Utilities (801.535.6970)
South Jordan(www.southjordancity.org)
Electricity - Utah Power (888.221.7070)
Phone - Qwest (800.244.1111)
Water/Sewer - (801.254.3742)
Trash - (801.254.3742)
South Salt Lake(www.ssl.state.ut.us)
Electricity - Utah Power (888.221.7070)
Phone - Qwest (800.244.1111)
Water/Sewer - City of South Salt Lake)
Trash - Public Works (801.483.6045)
Taylorsville(www.ci.taylorsville.ut.us)
Electricity - Utah Power (888.221.7070)
Phone - Qwest (800.244.1111)
Water/Sewer - Public Works (801.562.6418)
Trash - (801.562.6435)
West Jordan(www.ci.west-jordan.ut.us)
Electricity - Utah Power (888.221.7070)
Phone - Qwest (800.244.1111)
Water/Sewer - City of W. Jordan (801.569.5730)
Trash - City of W. Jordan (801.569.5730)
West Valley City(www.ci.west-valley.ut.us)
Electricity - Utah Power (888.221.7070)
Phone - Qwest (800.244.1111)
Water/Sewer - West Valley City (801.955.3720)
Trash - West Valley City (801.955.3720)
Salt Lake City, Utah has been
named on the of top ten cities slated for
recovery.
NEWSWEEK has compiled a list of the 10 American
cities best situated for the recovery. These are
places where the jobs are plentiful, and the
pay, given the lower cost of living, buys more
than in bigger cities. In other words, places
unlike much of the rest of the country. The
cities, most of which lie in the red-state
territory of America’s heartland, fall into
three basic groups. There’s the Texaplex—Austin,
Dallas, San Antonio, and Houston—which has
become the No. 1 destination for job-seeking
Americans, thanks to a hearty energy sector and
a strong spirit of entrepreneurism. There are
the New Silicon Valleys—Raleigh-Durham, N.C.;
Salt Lake City; and urban northern
Virginia—which offer high-paying high-tech jobs
and housing prices well below those in coastal
California. And then there are the Heartland
Honeys—Oklahoma City, Indianapolis, and Des
Moines, Iowa—which are enjoying a revival thanks
to rising agricultural prices and a shift toward
high-end industrial jobs.
Read More>>
100% PERCENT
FINANCING!
Utah Housing Corporation offers six exciting
loan programs to assist low- and moderate-income
homebuyers with the purchase of a home. All loan
programs offer reasonable interest rates and
three of the programs make available down
payment and closing cost funds. As a result,
many individuals purchase a home even though
they have no savings.
Important Things to Know Before Applying for
a Utah Housing Corporation Loan
QUALIFICATION GUIDELINES All UHC loans have
the same general eligibility requirements.
Your total gross household income must fall
within the Maximum Income Limits set by UHC.
(See insert titled Limits for Income and
Acquisition Cost for details.)
The purchase price of the residence you wish
to buy may not exceed the Acquisition Cost
(Purchase Price) Limits for the area in which
it’s located. (See insert titled Limits for
Income and Acquisition Cost for details.)
Your credit report must indicate a history of
responsible and timely payments. If you have
three established credit scores, only one of
them may be less than 660
You must be able to qualify for an FHA or VA
loan.
You must live in the home yourself and not
rent any part of it.
The six loan programs are:
FirstHome,
FirstHome Plus,
Veterans Enhancement Program (VEP)-FirstHome,
VEP- FirstHome Plus,
Single Parent FirstHome and
Single Parent FirstHome Plus.
FirstHome FIRSTHOME loans
are geared to first-time
homebuyers who have access
to personal or family
financial resources to pay
all of their down payment
and closing costs. FirstHome
loans may also be used to
purchase homes in Targeted
Areas of Utah. (See enclosed
insert titled Targeted
Areas.)
FirstHome Plus FIRSTHOME
PLUS offers financial
assistance for first-time
homebuyers who do not have
personal or family finances
with which to pay their down
payment and closing costs.
These costs generally
average 5% - 6% of the home
purchase price. Applicants
can borrow up to 6% of the
amount of their first
mortgage using a second
mortgage that will have the
same term as the first
mortgage, but an interest
rate of 7%
VEP-FirstHome
VEP-FIRSTHOME is the
preferred loan for Veteran
homebuyers who have access
to personal or family
financial resources
sufficient to pay all of
their down payment and
closing costs. Veterans may
purchase a home in any
location in Utah.
VEP- FirstHome Plus
VEP-FirstHome PLUS offers
financial assistance for
Veteran homebuyers who do
not have personal or family
finances with which to pay
their down payment and
closing costs. These costs
generally average 5% - 6% of
the home purchase price.
Veterans can borrow up to 6%
of the amount of their first
mortgage using a second
mortgage that has the same
term as the first mortgage,
but an interest rate of 7%.
Single Parent FirstHome
SINGLE PARENT FIRSTHOME
loans are designed to assist
single parents who have
previously owned or co-owned
their own residence and have
primary custody of at least
one minor dependent. These
applicants have access to
personal or family resources
with which to pay all of
their down payment and
closing costs.
SINGLE PARENT FirstHome
PLUS loans assist single
parents who have previously
owned or co-owned their own
residence and have primary
custody of at least one
minor dependent. These
applicants need to borrow
funds from UHC to pay all or
a part of their down payment
and closing costs.
AT LAST! UTAH HOUSING CORPORATION has
taken the confusion and worry out of
recapture!
Very few homebuyers ever pay this tax!
Therefore, we feel extremely comfortable in
offering to fully reimburse you for any
recapture taxes in the unlikely event you owed
some after the sale of your home. Read on!
For borrowers getting a UHC loan commitment
after July 23, 2003 who may have to pay this
tax*, Utah Housing will REIMBURSE them for
recapture taxes paid. It’s that simple!
Rates Will Change check the Utahhousing.org
site for current rates.
FirstHome
FirstHome Plus
Mortgage Rates
4.190%
4.190%
Utah Housing's mortgage loan funds are obtained
through the sale of mortgage revenue bonds. Each
bond issue produces a different mortgage
interest rate determined by the bond market at
the time of the bond sale. For this reason Utah
Housing loan interest rates generally are
subject to change periodically.
To obtain daily updates regarding the current
interest rates, call the 24 hour UHC InfoLine at
801-902-8300 or, if you are calling from outside
the Salt Lake area, call our toll free line
during business hours at 1-800-284-6950 to be
connected to the InfoLine.
INFORMATION PROVIDED COURTESY OF THE UTAH
HOUSING AUTHORITY
Where did my Real Estate Agent Go?
Where did
your Realtor Go?
Utah ranks second in the nation in the largest
drop in REALTOR® membership numbers, according
to the National Association of REALTORS®.
As of September 2010, there were 13,536
REALTORS® in Utah, down 12.63 percent compared
to the same month a year earlier. Georgia had
the biggest drop in REALTOR® membership numbers
at 12.7 percent. North Dakota witnessed the
biggest increase in REALTOR® numbers at 1.7
percent. Nationally, REALTOR® memberships
dropped 4.23 percent over the past year.
The Salt Lake Board of REALTORS®, which makes up
nearly half of the state’s REALTOR® population,
had 5,366 REALTORS® in September, down 23
percent compared to 6,936 REALTORS® in the same
month last year.
However, the drop in numbers may have reached
bottom. From August to September the number of
REALTORS statewide increased 0.23 percent
(11,800 vs. 13, 536).
Top five states with largest drop in Realtor
membership (September 2009 – September 2010)
Georgia - 12.70%
Utah - 12.63%
Nevada- 8.73%
Colorado- 8.51%
Washington- 8.39%
The Salt Lake Board of REALTORS® is the Wasatch
Front's voice of real estate and the No. 1
source for housing market trends. Established in
1917, the Salt Lake Board of REALTORS® is a
leader in protecting private property rights and
assisting its members to better serve the public
through training, advocacy and a professional
code of ethics. With nearly 6,000 members, the
Salt Lake Board of REALTORS® is Utah’s largest
real estate trade association of 14 local
associations that make up the Utah Association
of REALTORS®.
As a Realtor® living in Utah for over 50 years
you can count on us to be here for at least the
next 15 to 20 years.
PET-FRIENDLY REMODELING IDEAS
According to the American Pet Products
Manufacturers Association, 62 percent of U.S.
households currently have a pet. In these
households, pets are family members too, and a
growing number of homeowners are remodeling
their homes with their furry family members in
mind. Here are a few of the latest pet-friendly
design trends.
Read More
A Certified Distressed
Property Expert® is a real estate
professional with specific understanding of the
complex issues confronting the real estate
industry, and the foreclosure avoidance options
available to homeowners. Through comprehensive
training and experience, CDPEs are able to
provide solutions for homeowners facing
hardships in today’s market, specifically
short sales.
The prospect
of foreclosure can be financially and
emotionally devastating, and often homeowners
proceed without guidance of any kind. The
developers of the CDPE Designation believe that
the best course of action for a homeowner in
distress is to speak with a well-informed,
licensed real estate professional. They have the
tools needed to help homeowners find the best
solution for their situation. Often, when other
options have been exhausted, CDPEs can help
homeowners avoid foreclosure through the
efficient execution of a short sale.
While
enduring financial difficulties is challenging
for any family, the process of finding a
qualified real estate professional should not
be. Selecting an agent with the CDPE Designation
ensures you are dealing with a professional
trained to address your specific needs. For more
information, contact us!
CDPEs don’t
merely assist in selling properties, they serve
and help save their clients in need.
Chances are,
you or someone you know in the Salt Lake
Metropolitan area are facing the
possibility of foreclosure. But you need to
understand that you are not alone.
Today, 1 out
of every 10 homeowners in America is behind on
mortgage payments. These are tough and
frustrating times. Now more than ever, it's
important to identify your options. Foreclosure
can be avoided, your credit can be saved, and
your financial future can be salvaged.
Through my 25
Years Plus handling distressed properties along
the Greater Wasatch front area, I've found that
homeowners today have more questions than
answers about their circumstances. The situation
with Pre-Foreclosure and Short sales is very
dynamic and is changing constantly. I have
created this site to help you understand the
possible solutions to foreclosure, as well as
provide a detailed explanation of short sales,
which may be the best course of action for some
homeowners.
As an agent
with the CDPE® Designation, I have a strong and
unique appreciation of the factors affecting the
market, and know that there are options
available to you.
If you would
like to know more about your options, please
call me at 801-205-3500 or Laurie at
801-205-1600
No one
wants the stigma attached to having a home
repossessed by the lender through foreclosure,
or the black mark left on one’s credit history
for every creditor to see in black and white.
And it can stay there for as long as 10 years no
less.....
Read More
Today’s post is dedicated to helping families
find an alternative to foreclosure, and helping
them return to the goal of homeownership more
quickly; therefore, we are emphasizing the
brochure developed by the National Association
of Realtors (NAR) that nicely summarizes the
existing HAFA Program.....
Read More
Working
with sellers who have some—but not
unlimited—cash for upgrades? Here are
budget-minded enhancements you can suggest to
make their home stand out.
Read More
Legislative changes in
November 2009 expanded and extended the credit
and also added documentation requirements for
claiming the credit. Due to increased compliance
checks by the IRS, failure to submit
documentation will slow down the issuance of any
applicable refund.
Read more....
Here are some
helpful hints gathered from Certified
Residential Specialists across the country. PDF
format
Now you know?
An overpriced home that
stays on the market more than 60 days is likely
to sell at a lower price than a
home priced for a quick sale. Let’s say a home
is priced at $220,000 —10 percent over the
$200,000 comparable market price. Three months
later, the seller drops the price by 10 percent
to $198,000, but the market price may have
fallen another 10 percent to $180,000, so the
home is still overpriced.
The sharp
rise in foreclosure activity in recent months
does not paint a pretty picture for distressed
borrowers: Foreclosure activity was up 112
percent in the first quarter of 2008, according
to RealtyTrac....Read
More
Bankruptcy is Usually a
Temporary Stop to
Foreclosure
There's not enough money at the end
of all the bills you have to pay.
You need one more paycheck to make
ends meet. Costs of living keep
going up and your monthly paycheck
isn't keeping up with the price of
gas, the cost of food and everything
else you value in your life. You
can't save anything because all your
money goes to paying bills and
supporting yourself and/or your
family. And then . .
.Read
More
Active Featured Salt Lake City Homes
and Properties For Sale
Residential Real Estate both
with buyer and sellers. Along
with investment, land and new
construction. As a past home
builder, We are experienced with
all levels of
foreclosure
assessment. Our team can handle
all facets of foreclosure
situations including, Cash for
keys, trash outs, Tenant
Negotiations, Utility change
over's, property preservation,
occupancy reports, 48 hour BPO
turnaround times,
Pre-Foreclosure and
Short Sale.
Martin &
Laurie Gale
Your REO and Short Sale Team!
Utah Team -
RE/MAX METRO REO - Utah
801-205-3500 - Toll Free 877-898-9502 - fax
801-327-3245
The
above brokerage assumes no responsibility nor
guarantees the accuracy of this information and
is not engaged in the practice of law nor gives
legal advice.
It is strongly recommended that you seek
appropriate professional counsel regarding your
rights as a homeowner.
We're Fair Housing Providers. Each RE/MAX Office
Independently Owned and Operated.
Free Market
Evaluation Salt
Lake City
- What is my home
Worth? 48 Email Turn
around on most
Market Evaluations,
Good in the State Of
Utah. House Value
Market Estimate.
Salt Lake City
Relocation Info
- Relocating to Salt
Lake This link will
provide Housing
tips, school
information,
demographics,
Hotels, Restaurants,
Housing for sale.
Search For
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Lake City
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years experience in
servicing the Salt
Lake City, Park City
areas. Home Buyer
and Home Seller
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in Salt Lake City
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homes with prices
and addresses.
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Agent services. List
E-mailed to you
Directly. 1000's of
homes for sale.
All about Salt Lake
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- Links to area
demographics,
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restaurants,
lodging, schools and
universities.
On-line relocation
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Salt Lake City Utah.
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