What not to ask when selling your home: "What is my home worth?" or "What will my home appraise for?"  This is not the right way to understand the value of your home. An appraisal is an estimate of value or to put it more simply; one person's opinion of the value of your home. As we all know that opinion is not necessarily fact, it's important to know that there is no such thing as an absolute number that your home is worth

Here's what happened to one seller of mine. The buyer's appraisal of their home came in $70,000 below list price. Yikes! After hiring 3 different appraisers on the same house all 3 came back with very different "opinions" of value. After 2 weeks of convincing the banks, the buyers, and the REALTORS, I was able to sell the home for…

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It is expected that Utah's population will double within the next 35 years increasing to nearly 5.4 million residents. Most Utahn's will be living in the concentrated area of the Wasatch Front. More people means more houses and more cars with a limited area of land. When it comes to housing most Utahns feel like high density housing is the solution.

Community Aerial Photo

Tomorrow's population issues are already being addressed today and the market is reacting. We are seeing smaller lots for single family homes and more apartment complexes developing with low vacancies. There has also been a demand for more dense neighborhoods designed for walk-ability and public transit. Residents have stated that these features are essential in keeping future housing and transportation…

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Waiting?

Everyone asks me “When is the best time to buy a home?” The answer: Before April 1st!

Waiting until after April 1st will cost you money. Big money! In fact, waiting until after April 1st could cost you at least 6% of your home purchase. That means you’ll be paying a lot more for your house!

Here are 3 reasons why you should buy before April 1st.

1.) Supply and Demand! The last time we saw our current levels of supply and demand was 2005. Do you remember what happened last time? Prices skyrocketed. Here is our situation: the supply of homes is less than 50% what it was a year and a half ago. If you've been looking at the homes for sale you've noticed that many are short sales that already have multiple offers. This means you will…

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Have you heard about the Moutain View Corridor? Have you seen the construction crews clearing the way for a new Freeway? This sweeping road project is HUGE and may change the value of your property. Keep reading to see what it is, where it is, and when it will be done. This corridor will change nearby home values. Contact me so we can discuss your specific situation to find out where you should sell and where to buy!   The Moutain View Corridor: What is it?   The Mountain View Corridor is a new system of roads, mass-transit, and recreational trails currently under construction. The project will be built in three phases. This approach will balance immediate transportation needs with the current budget while providing a long-term solution for…

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Zillow has become quite popular for many people looking up to see what their home is worth. But is it accurate in Utah?

Utah is a NON disclosure State while other states are Disclosure states. What does this mean?

Many other states have laws that require when someone sells their home that they have to report to the state what the home sold for. This is called a disclosure state. In these states Zillow can pull off information from the state records and come up with a fairly close method of knowing what homes are selling for in that area.

Utah on the other hand is a Non disclosure state. Our state sends you in the mail a form saying they are required by state law to find out what you sold your home for. Many people just throw this away because we…

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