Utah New Home Buyers Grant, New Construction.

SALT LAKE CITY –Many Utahans have been taking advantage of the many incentives for buyers in the market today. Utahans are able to take advantage of a program for buyers of newly built homes, where they are qualified for a $6,000 Grant. I though many of you would be interested to see who and where that money has been going. Once the money is spent, there will be no more Grants,  so hurry and take advantage of the opportunity.

Spencer Janke

In the first six weeks of the state’s Home Run program, which is intended to eliminate a glut of homes on the market that have never been lived in, more than 530 people received $6,000 grants to buy a new house. Another 219 grants were awarded in the past two weeks.  80 percent of the grants awarded in the first month of the program went to homes bought for less than $300,000. Curt Dowdle, the executive officer for the Salt Lake Homebuilders Association, tells the Tribune the program is a great stimulus for them.

The program started March 16. Gov. Jon Huntsman signed the program offering 1,600 grants into law to help eliminate a glut of newly built homes on the market that have never been lived in. Huntsman has said that the housing grants are expected to create about 8,500 jobs. The $10 million for the program comes from President Barack Obama’s federal stimulus package

New bank owned home in Herriman. Deal will go fast.

Okay everyone, this house just barely came out as a bank repo. It sold for $283,400 in 2006 and now the price is $205,000. Can’t beat the three car garage and .25 acre lot. In a great neighborhood in Herriman. Call if interested.

 

Presented by: Brad Miles 801-428-7223
List Price: $205,000	MLS# 880759	Stat: Active	Ref # 1
Address: 4634 W COPPER MINE DR		Type: Single Family	Style: Rambler/Ranch
City: Herriman,   UT 84096		Project: COPPER CREEK ESTATES
Prop. Tour:  Tour	NS/EW: 11845 S / 4634 W
		Tot Sq Ft: 2424  Tot Beds: 3  Tot Baths: 2.00  Family Rms: 1  Fireplace: 0  Gar|Port: 3 | 0	Yr Built: 1999 Taxes: $1,653 Acres: 0.25 HOA Fee: $0 Under Cnst: No Fin Bsmnt: 0%
		Exterior: Aluminum/Vinyl, Brick
		Lot Facts: Corner Lot, Fenced Full, Sprinkler, Auto-Full
		Features & Info: Double Pane / Bath-Sep Tub/Shower, Master Bath, Vaulted Ceilings
		Inclusions:
Remarks: Don’t miss a great opportunity*Sold in 06 for $283,400 now only $205,000! Property is Bank owned-NOT a short sale*Corner Lot fully fenced and landscaped*3 car garage & room for RV parking*Vaulted ceilings*Sold “as-is”*Hurry won’t last long at this price!
Information deemed reliable but not guaranteed. Buyer to verify all information.

Real Estate Deal, Salt Lake City UTAH.. East Side Fixer Upper $158,000

Ok, it is friday and I hope you are all doing well. Here is the deal for the day.. This in one for somebody not scared to get their hands dirty, take note of the address. East Side, 5600 S. 1639 E. Needs WORK… But great price.. We will keep them coming, I have a few leads on a couple places that I think will be great. They will not be on the market.. Let me know if you have any questions about our Real Estate Deals in Salt Lake City, UTAH.. Spencer Janke..

 

879950	$157,905	ACT	Bungalo/Cottage		1,708	$0	1
1639 E 5600 S			Salt Lake City		0.02	5600S/1639E	Tour /
3/2.00/1	1/0	NO/CR/0%	04/22/2009		1900	SNGL	12

Concerts in Salt Lake City, UTAH

Some Great concerts coming to Salt Lake City, UTAH.. The good one’s always go quickly, so make sure you buy your tickets now. Let me know if you have any questions, and I can steer you in the right direction..Spencer Janke…

 

DATE	ARTIST	VENUE	TICKETS
04.24	The Horrorpops	The Avalon Theater	SmithsTix
04.25	Chris Cornell	The Depot	SmithsTix
04.26	Queensryche	The Depot	Smiths Tix
05.16	Staind	The Peppermill Concert Hall	WendoverFun.com
05.17	Flight of the Conchords – SOLD OUT!	Abravanel Hall	Smith’s Tix
05.25	No Doubt	The E Center	TheECenter.com
05.27	Taking Back Sunday	In The Venue	Smith’s Tix
05.29	The 15th Annual X96 Maverik Big Ass Show	USANA Amphitheatre	Smith’s Tix
06.11	311 with Ziggy Marley	USANA Amphitheatre	SmithsTix
06.13	Ben Kweller	The Avalon Theater	SmithsTix
06.14	Crystal Method with LA Riots	Murray Theater	Smith’s Tix
06.26	Infected Mushroom	Great Saltair	SmithsTix
07.16	Incubus	USANA Amphitheatre	Smith’s Tix
07.18	The Fray/ Jacks Mannequin	USANA Amphitheatre	SmithsTix
08.08	2009 Vans Warped Tour	Utah State Fair Park	Smiths Tix
08.25	Depeche Mode	The E Center	TheECenter.com
08.26	Nickleback	USANA Amphitheatre	SmithsTix
09.01	Dave Matthews Band	USANA Amphitheatre	SmithsTix
09.26	The Killers	The E Center	Ticketmaster.com
DATE	ARTIST	VENUE	TICKETS

Real Estate Deal of the Day, Salt Lake City UTAH

So starting my daily routnie this morning, I read a great blog I think you all should check out. It compares home values in Compton California. Is gives a great example of what the prices in the Real Estate Market in that area have done. I think it is applicable in the sense that, Real Estate prices as a whole have gone back to pre “boom” pricing.. This is great news for all of those fence sitters. Essentially, you can wipe away all of the equity, or “appreciation” people thought they had over the last 5 years, and we are back to almost 2001 prices. It is going to be interesting to see how the media reacts to this one.

Check the blog out, I love it.

http://www.doctorhousingbubble.com/

Here is a deal for the day.. Everyone is looking for a great buy in Salt Lake City UTAH.. And this is it.. I will keep the Real Estate deals coming. So check in everyday to see what’s next.

	859074	$199,900	ACT	Bungalo/Cottage		1,632	$0	3
	1541 E 3045 S			Salt Lake City		0.14	3045S/1541E	NA /
	4/2.00/2	1/0	FULL/100%	01/21/2009		1948	SNGL	5

St. George UTAH, Investment Opportunity.. Buy Lots for Cheap

executive-summary-villa-toscana

 

We have a client who has a project down in Washington City, Washington County. Right next to St. George UTAH. Take a look at the summary that is attached you could pick it up for $800,000 or less maybe from the FDIC. Right now there is 20 improved .30 acre lots, and 16 un approved lots.. So for those that are looking for a deal. Let us know…

I found this great article in the Wall Street Journal. I think this gives a glimpse into the reality of the Real Estate market. Everyone needs to understand that Real Estate is a localized market. Salt Lake City Real Estate is much different than the rest of the country. Take a look…

Home prices in most of the U.S. have fallen back into line with what the typical household can afford to pay in most of the U.S., according to a new study.

The quarterly report – by economists at IHS Global Insight, a research firm, and PNC Financial Services Group Inc., a banking concern based in Pittsburgh – looks at price trends in 330 metropolitan areas across the country. Home prices are “extremely overvalued” in only one of those areas, Atlantic City, N.J. In 2005, 52 metro areas were in that category. (See full report.)

For the fourth quarter of 2008, covered by the new report, home prices are dubbed “fairly” valued in 202 of the 330 markets studied. That means the average price level is within a band 14% above or below the historical norm. Twenty-one markets are ranked as “overvalued,” or between 14% and 34% above the norm. And 106 markets are considered “undervalued,” or more than 14% below the norm.

Interest Rates are still low!

Hi everyone! I found this article today that explains just how low interest rates are right now. They have been below 5% for five consecutive weeks now and running. We have a client who locked in at 4.75% just this week. For more information regarding just how much a good interest rate can affect your purchase, see the comments on the article we posted a few days ago at http://utahcribs.wordpress.com/2009/04/15/interest-rates-will-rise-in-2010-current-interest-rates-are-extremely-low/#comments.

Here is the link to the article about the interest rates:

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/04/17/RECV173LNB.DTL&type=business

Make sure you have your families interests insured.

One of the biggest mistakes people make in planning for their financial future, is the poor choice in professionals. We have been doing work with Richard Janke for along time. And he is highly recommended from many of our clients..

Jake Breen..

As a homeowner, your biggest financial investment is most likely your home and your mortgage payments are typically the largest monthly expense. With a well planned insurance program, you can ensure that your family home is paid for if you die. Your family can keep their home as an asset, not as a debt.  A mortgage-free home helps your family stay secure and happy.Feel free to call me if you would like to discuss how a well-planned insurance and financial plan is beneficial to you and your family. 

Rich Janke

Investment Advisor

801-706-5299

Securities are offered solely by Securian Financial Services, Inc., Member FINRA 552 West 800 North Orem, UT 84057

Richard Janke is registered with Securian Financial Services. Inc.

Investment Advisory Services are offered solely by Securian Financial Services Inc. 400 Robert Street North, St. Paul, MN 55101-2098 (800) 820-4205

 Richard S. Janke is an Investment Advisor Representative with Securian Financial Services Inc.

 

Rental Investments in Salt Lake City, UTAH that CASH FLOW

This has been a great day for deals. Here are three great cash flowing investment opportunities. Now @ 100% financed they are cash flowing almost $500 Each.. That has been non existent for a long time.  One of these is a bank REPO and will go fast. A duplex in downtown Salt Lake City, UTAH. 3200 Sq. Ft. for $165,000?  The other one that I like a lot in on Danish Road in Sandy, UTAH. Next to all of the ski resorts. This is an incredible buy.. Let me know if you have anyone interested. I can provide proof of payments to anyone who is interested..

 

	878868	$164,900	ACT|DPLX	Front and Rear		3,134	$0	1
	182 KELSEY AVE			Salt Lake City		1921	1160S/182E	Tour /
	2|1791	$0	2|1343	$0	0|0	$0	0|0	$0

 

---

	879252	$317,000	ACT|4PLX	Side by Side		3,840	$0	2
	2332 S 700 E			Salt Lake City		1980	2332S/700E	NA /
	2|960	$650	2|960	$600	2|960	$595	2|960	$595

---

	877854	$341,500	ACT|DPLX	Side by Side		3,466	$0	3
	8883 S DANISH RD			Salt Lake County		1976	8883S/1E	NA /
	2|1733	$1,250	2|1733	$1,250	0|0	$0	0|0	$0