The Home Scoop.com

2011-04-11T14:59:00.004-06:00

Visit www.TheHomeScoop.com to find modern stylish homes in Utah! You will also be able to search EVERY home listed in Utah for Free. You can search by map, price, schools, desired objects like number of rooms, etc.

New Website!

2011-03-17T12:18:00.002-06:00

A new year brings a new and improved website! Now even more powerful and simpler to use! Search every listed home in Utah, regardless of the listing agent/brokerage. And it's FREE!

The Home Scoop.com

IT'S BEEN TOO LONG

2010-01-21T12:30:00.008-07:00

Well real estate friends, it has been too long. I apologize for the long-time-no-post drama.

2010 is going to be a great year in Real Estate. Here are some things you should know:

REGARDING THE TAX CREDIT:

Foreclosures are dwindling! With the two sets of Home-Run grants now gone, hundreds of new construction/foreclosed properties have been sold. Don't get me wrong, there are still a lot of properties for sale that are still facing foreclosure, have gone through foreclosure already, or are short sales that are waiting to be snatched up, but many of the best ones are going or are gone! With the tax credit coming to a close in the next few months there will a surge of buyers (not just first-time home buyers). Don't miss out on a great opportunity to buy while rates are low, the credit is available, and the best deals are available.

Where to start? Check out our super powerful home-search website:

Search by map, by price, by school, by city, and more! See Google street map views of each home! Look at photos! Find out if the home is a short sale! Even schedule a showing! Also, contact us to learn all the pertinent steps in purchasing a home including: finding a lender, learning the ins-and-outs of title companies, and most importantly finding the perfect home for you and negotiating the deal!

Contact us today!

Find every home online, maps, and more!!

2009-11-08T17:39:00.003-07:00

UtahValleyHomeFinder.com

Follow the link above to do home searches, save your favorite properties, be notified of price changes, see maps, calculate your mortgage payments on the homes you love, ask questions about real estate, and more!

Join our facebook group! Click here!

Moving To Windermere

2009-10-28T15:43:00.002-06:00

Hey everyone!

I'm moving brokerages this week and will now be working at Windermere Real Estate. Coldwell Banker is a great company and has provided me with lots of great support.

Windermere will provide me with new opportunities and only help me to serve my clients better. I'm looking forward to the future!

Why now is the time to move up!

2009-09-09T11:07:00.003-06:00

New Lending Regualtions Could Delay Closings!

2009-08-18T12:05:00.003-06:00

New lending rules that require mandatory disclosures and waiting periods for mortgage loans have many lenders advising buyers, sellers and real estate agents to plan for at least 30-day closings and to expect possible delays. The regulations, which went into effect July 30, are part of an amendment to the Truth in Lending Act that seeks to ensure consumers receive cost disclosures earlier in the mortgage process, says the Federal Reserve Board.

The new rules apply to all mortgages secured by the borrower's home, including primary and second homes as well as refinancings, and require lenders to give good faith estimates of mortgage loan costs within three business days after receiving a consumer's application for a mortgage loan. The rules prevent any fees from being collected before the consumer has received the early disclosures except for a reasonable fee for obtaining a credit report.

The new rules also include various waiting periods, including the requirement that a home loan cannot close until seven days after the borrower has been issued the initial disclosures.

Furthermore, the new regulations require lenders to disclose if the annual percentage rate on the loan changes by more than 0.125 percent from the amount stated in the initial disclosure. If there is a need for a corrected disclosure, the consumer has another three days to review the new document before the loan can close. Because APR is affected by a variety of items, a corrected disclosure may be needed if there are changes in the interest rate, loan product, closing date, settlement fees or other related items. If these changes occur unexpectedly, it could push back the closing.

In similar fashion, the Home Valuation Code of Conduct gives home buyers three days to review a copy of the appraisal before closing on the loan, unless they wait the right.

In addition to the new review periods, mailing dates could affect closings as well. In cases where the disclosures are mailed, they won't be considered received until three business days after the lender places them in the mail. For example, if corrected disclosures are mailed, the earliest the buyer could close would be on the sixth business day after the mailing (i.e., three business days for mailing and three business days for consumer review, with the consumer being allowed to close on the third review day). (Note: In terms of the three- and seven-day waiting periods, a business day is defined as all calendar days except Sundays and legal public holidays.)

Taken together, the new waiting periods could unexpectedly delay closings, especially if an appraisal comes in late or the APR changes. While the borrower may be able to waive the truth-in-lending waiting periods in a bona fide personal financial emergency, do not rely on this exemption. In your contracts, make sure your settlement deadlines provide enough time to accommodate for the new waiting periods. If you do end up in a situation where your buyers won't be able to meet the settlement deadline because of the timeframes in the new regulations, make sure to extend the REPC with an addendum.

(Source: Utahrealtors.com)

Housing Crisis Over..

2009-08-04T10:17:00.003-06:00

The Bottom!

In Utah it feels like it has already turned around. There are tons of buyers, and homes are selling. Contact me to get a free market analysis on your home, or your neighborhood!

Home Sales on the Rise!

2009-07-27T16:17:00.000-06:00

Click here!

Provo/Orem ROCKS!

2009-07-27T09:52:00.001-06:00

Click to read more

Best place to start over! Tell your unemployed friends!

Price Drop!

2009-07-15T13:09:00.002-06:00

Dropped the price of this listing:

CLICK HERE!

Check it out!

Buyers Beware!

2009-07-14T09:40:00.002-06:00

Home Buyers: Watch this link and become educated on the importance of reading documents and requesting documents in a transaction!

Agents: Help your buyers become more educated!

KSL.COM

Provo/Orem ranked #2 place to start over

2009-06-23T08:51:00.001-06:00

Click Here to read about how awesome Provo/Orem is. (Short article)

Dropped the prices of two listings!

2009-06-09T13:42:00.004-06:00

Two Price drops! View all my listings here: http://oldham.postlets.com or My Website.
(or just look on the right hand side of the screen)

411 W. 4020 N., Provo, UT 84604
Was $332,900 - Now $294,900!

221 S. 1050 W. #35, Provo, UT 84601
Was $141,900 - Now $135,000!

Spread the word!

Home Tour on new listing

2009-05-28T09:35:00.002-06:00

Obeo | Leading Virtual Home Tours Provider

Just listed Home for sale!

2009-05-23T10:07:00.005-06:00

Virtual Home Tour - lots of photos

$167,000
4 bed, 2 full bath
Large laundry/utility room
New windows, tile, and kitchen countertops
Updated bathrooms
Hardwood floors
Large dining area
Huge corner lot (.2 acres) with fenced back yard

This updated brick and stucco home in Provo is close to the freeway, shopping, and schools! Bask in the shade of the mature fruit trees in your own secluded back yard. Lots of updates, and lots of room, this beautiful home is a perfect starter home, OR second home!

107 N 1100 W, Provo, UT 84601

Contact me to see today! (complete virtual tour coming soon!)

Housing Affordability at its highest in 18 years!

2009-05-23T09:52:00.002-06:00

NAR announces housing affordability highest in 18 years!

Nationwide housing affordability jumped 10 percentage points during the first quarter of 2009 to its highest level since the series began 18 years ago, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) released today.

Click Here For Full Report

Locally the story is similar!

In the Ogden-Clearfield area, 74.4% of all new and existing homes sold in the first quarter of 2009 were affordable to families earning the area's median income of $68,500. That's up 5% from the previous quarter and up 13% from the same period a year ago. In Provo-Orem, 65.3% of all homes sold were affordable to families earning the median income of $62,900. That's up 12% from the previous quarter and up 21% from the same period a year ago. In Salt Lake, 65.9% of all homes sold were affordable to families earning the median income of $67,800. That's up 7% from the previous quarter and up almost 20% from the same period a year ago.

Buyer's Checklist

2009-05-11T16:19:00.004-06:00

Are you buying, or thinking about buying a home? Go over this helpful checklist to get you started. Click Here (pdf) .

Also, remember to visit my website and 'request a hotsheet' to receive emails containing properties you are interested in. Click Here

New Website

2009-05-09T12:36:00.002-06:00

Check out my new website. CLICK HERE Let me know what you think.

Sign up for a free hotsheet of homes sent to your email address daily!

What is a hotsheet? A hotsheet is a list of homes, generated by a computer, that is sent to your email daily containing homes/properties etc. that fit a specified criteria that you set! Visit my website and sign up today!

$14,000 in FREE money to buy a house!

2009-03-18T15:50:00.003-06:00

UTAH Senate Bill 260 passed March 12, 2009 provides $6,000 grants to buyers of new homes
+
$8,000 first time homebuyer credit from the Government.
=
$14,000!

- ANYONE (in UTAH) buying a new home (meaning new construction) that has never been lived in, regardless of when it was built, is eligible for the $6,000.

- Income guidelines are the same as the federal tax credit program. ($8,000 credit)

- Any type of loan can be used to purchase the home, not limited to FHA or Utah Housing.

- Applications are to be obtained through Utah Housing

- Once an application has been approved, applicants have 90 days to close on a new (meaning new construction) home

- ALL homebuyers are eligible for this program, not just first time homebuyers

- Money is available on a first come, first serve basis

- Home buyers would have to secure a fixed-rate mortgage to qualify and would also need to have an income is $75,000 or less, or $150,000 or less for married couples

Contact me now to start searching!

Are You Wondering If 2009 Is The Year You Should Buy?

2009-01-09T09:53:00.004-07:00

LOWEST MORTGAGE RATES IN HISTORY

2008-12-19T10:01:00.003-07:00

Video Courtesy of KSL.com

Now is the time to buy!

Reality Check - How will 2009 fare?

2008-12-12T10:00:00.002-07:00

Inspiration

2008-11-26T11:00:00.003-07:00

Every now and then you need people like these to help you realize what is important, and to not give up! Enjoy.

Patrick Hughes

Patrick Hughes at the end of Extreme Home Makeover

Team Hoyt

J Mac

Clay Dyer

Softball Story

Why Utah's Market is STILL great

2008-11-12T10:17:00.003-07:00

NO MONEY DOWN IN THIS MARKET!

2008-10-21T14:54:00.004-06:00

Wish that no-money-down loans were still available? Well, they are thanks to Axiom Financial!

Click on image to view larger.

Free Appraisal, Discount Inspection!

2008-10-10T15:17:00.003-06:00

During the 10 Day Sales Event sponsored by Coldwell Banker (see below) there are many companies discounting services for persons who buy a home! Contact me for more details!

HUGE 10 DAY SALE! Starts today!!

2008-10-10T10:49:00.002-06:00

Click on the image above to be redirected to a list of all the homes included in the sale! One of my listings is participating! There are huge savings throughout the whole state!

Get Pre-approved for a loan. Why is it important?

2008-09-30T14:19:00.003-06:00

1) It's easy and fast and can be done over the phone. Or contact me for a simple one page form.

2) It speeds up the buying process. Why? Getting pre-approved lets you know what you can afford and how much your mortgage payments will be. You don't want to waste time looking at homes you can't afford. And when you guess how much you can afford you risk selling yourself short by looking at homes smaller etc. than what you really want.

3) When you make an offer on a home that includes a pre-approval letter from your loan officer indicating your offer amount is "pre-approved" for financing, your offer will be stronger.

So, get pre-approved and become a stronger buyer in a buyer's market!

Visit Axiomfinancial.com for more info: Click Here

Foreclosures, Short Sales, REO's Understood

2008-09-18T10:42:00.003-06:00

*Click on the image to appear larger.

Market Watch for Utah County 9/12

2008-09-13T10:26:00.003-06:00

Residential listings as of noon today: 4917 Active Listings; Average List Price $364,615; Median List Price $274,900

Single Family listings as of noon today: 4267 Active Listings; Average List Price $388,249; Median List Price $295,000

Condo listings as of noon today: 639 Active Listings; Average List Price $211,211; Median List Price $178,948

(visit www.ucaor.com and look in the News section to get this information, plus bi-hourly stock rates)

10 Ten Reasons To Buy Now

2008-09-08T15:12:00.006-06:00

Click on images above for larger view!!

HUGE SUMMER SALES EVENT!

2008-09-08T14:39:00.006-06:00

This is going to be such a sweet opportunity to get a great deal on a home! email me for more information! Click on image above for larger view!

Market Watch Thanks To Axiom

2008-09-08T13:49:00.003-06:00

Click on image above for larger view!

Check Out My Current Listings!

2008-09-08T13:34:00.004-06:00

To see my current listings follow the link on the right-hand side bar titled "My Utahhomes.com Website" then click on "View my Listings." Contact me for more information!

Also, do you know someone that lives outside of Utah and is moving and doesn't know a Real Estate Agent, but would like to use one? Let me refer them to a qualified agent through the nation's largest relocation company! Whether they are moving across town or across the country, I can refer them to a qualified agent with a proven track record of good service. Contact me for more information!

Of course, if they do live within Utah borders or are moving here then I can help them!

Welcome!

2008-09-08T13:17:00.004-06:00

Hi everybody. Visit this blog again soon, and add this as a link on your blog. I created this blog to show useful real estate information for those interested. Check back often as I am still putting things together. Thanks!