Foreclosure

Found 13 blog entries about Foreclosure.

Buying a short sale in Daybreak can be a hassle if you don’t work with the right agent. We are short sale experts with years of experience dealing with the short sale process. The bottom line is that if you consider a short sale, you will get a property for a substantial discount. Since the lenders are eager to continue to get a paid back the money it loaned out, it is in their best interest to sell the home to the right person. You should know that short sales are different than regular sales and will require more patience. If you are willing to wait, the buying a short sale in Daybreak will be a smart move for a discounted home.

short sale in Daybreak

This short sale is in the beginning stages and is a very cool, modern condo that is ready to move-in. This home will

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Have you been searching for a short sale in Ogden? Before you do, there are a few things you should know. First of all, short sale homes are not the same as regular homes. They have a different process that require patience and diligence, so finding the right agent is essential. As you consider buying a short sale in Ogden, consider these tips to help you have an understanding of what to expect when buying a short sale in Ogden.

short sale in Ogden

1. Get pre-approved, not just pre-qualified Short sale are expensive for lenders as it is, the last thing they will want to do is have a buyer fall out during escrow. Get ahead of the competition and get pre-approved. Show them you have your financial ducks in a row and that you are a serious buyer.

2. Have great

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This is a very cute short sale in Ogden that would make a great starter home for a first time buyer, or an investment property. The price has been drastically reduced and it can close quickly, so make an offer now. This darling home is in great condition with a vibrant color scheme, and a lot to offer the right family. You may be asking yourself, "What is a short sale?" A short sale is when you sell your house at a price that is lower than the balance you owe on the home. So it is very likely that you can get a really good deal on a short sale because lenders take these homes on because it costs less than going into foreclosure.

short sale in Ogden

This cute little house is in a great location near schools, parks, the freeway, restaurants, shopping, and theaters. You

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About 2 years ago, our team was brainstorming what our billboard should say. After testing a few of our ideas online our fanbase picked this one as their favorite. So we had it made and posted all across the Salt Lake valley. Yes, there were a few people who felt it was insensitive to those getting their homes foreclosed on, however the majority of people understood the real message. Many of the people who picked this billboard had even experienced the difficulties of foreclosure personally. The billboard received a lot of laughs as it depicted a fictional family: the Joneses. About the Joneses:   The Joneses are the family that everyone envies because they have all the nicest gadgets, the biggest house, and the most expensive things. However,…
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Such a sad story!  Homeowners who were underwater and behind on their payments were promised a solution that made matters even worse.

A Lawyer approached these struggling home owners with a promise of rescue. The lawyer told these struggling home owners that they had a good case against the bank. It's a lawyer, they must know what they are talking about right? They were told that if they paid the lawyer instead of the bank they would get their home free and clear and not have to pay the bank anymore.  

Well, it looks like the promises were unfounded, and the homeowners hardships have increased.

If you are in a similar situation, be very cautious, there are some scary scams out there. If you have questions about short selling your home

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A recently completed study has identified the top 10 real estate markets in the nation for investors. Based on national statistics Salt Lake City is ranked 7th in the nation!

Find YOUR investment properties here

A combination of factors make Salt Lake City an excellent location for investment properties. What makes Salt Lake so good?

  • We have a high affordability rate for homes (it is a great time to buy).
  • There is a supply of foreclosures which are great deals!
  • We have a high population growth which means the projected return on investment is high. 
  • Our unemployment rate is already below the national average, and it is improving faster than most of the nation.
  • Living in Salt Lake City also has a relatively low cost of
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If you think there may be a foreclosure in your future, or if you're concerned about your loan modification, contact me so we can review your options. We may be able to get you $3,000 to short sale your home. Contact me for details and to see if you qualify.

Last week ALEX VEIGA of the Associated Press reported that "Lenders took back more homes in August than in any month since the start of the U.S. mortgage crisis." This number contrasts the positive news that the number of foreclosures beginning the process are actually declining and have been declining for the past seven months. The number of default notices was down only 1% from July, but down 30% from August of last year.

Even with less loans entering the foreclosure process, this is the 9th

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What does Foreclosure do to a home?

This Daybreak home sold in February of 2008 for $578,000

    This is how it looks now as a foreclosure for $329,000             Foreclosures can be a great deal, because they require a little "sweat equity". If you're willing to put some extra work into a home, let me know. I can get you a free list of foreclosures in Daybreak!
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This home sold in February of 2008 for $578,000

      It is now for sale as a foreclosure for $329,000              
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Learning the Ropes

My career in real estate started when I was able to improve upon my surroundings. I’d been watching my dad purchase and flip homes with great success for years. After a while I was able to duplicate his success and was even able to improve upon it. As I gained personal experience I focused on investments that would have substantial cash-flow within 45 days! The market may change, but the secrets remain the same.

I continue to use these secrets to help everyone interested in the real estate market. Some people will try to convince you that the days of real estate investing and successful home buying are gone. But that is not the case. At the beginning of the California Gold Rush farmers and ranchers were finding gold on the ground

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