Model home for sale from Garbett Homes

Okay everyone, I have a buddy who works for Garbett Homes and they have one unit left out in this project called Arbor Square in West Valley. They want to get rid of this quickly, so if you or anyone else you know is interested, let us know. This is a super cool project that offers a lake, trails, and is close to a golf course. Don’t hesitate to call if you want info about this project or any other Garbett Homes developments and we’ll get you all the info you need.  Thanks!

Presented by: Brad Miles 801-428-7223
List Price: $219,990	MLS# 895108	Stat: Active	Ref # 1
Address: 5449 W SONGBIRD DR		Type: Single Family	Style: Townhouse/Row-End
City: West Valley City,   UT 84120		Project: ARBOR SQUARE
Prop. Tour:  NA	NS/EW: 2850 S / 5449 W
		Tot Sq Ft: 1530  Tot Beds: 3  Tot Baths: 3.00  Family Rms: 1  Fireplace: 0  Gar|Port: 2 | 0	Yr Built: 2008 Taxes: $1,000 Acres: 0.10 HOA Fee: $85 Under Cnst: No Fin Bsmnt: 0%
		Exterior: Clapboard/Masonite, Stucco
		Lot Facts: Curb & Gutter, Sidewalks, Sprinkler, Auto-Full
		Features & Info: Animals Permitted, Double Pane / Bath-Sep Tub/Shower, Central Vacuum, Closet-Walk-In, Dishwasher, Disposal, Kitchen-Updated, Master Bath, Range-Gas
		Inclusions: Microwave, Range, Refrigerator, Water Soft Own
Remarks: MODEL HOME! Loaded with one of a kind custom features. To many to list, this home is a must see! Located in the exciting new development of Highbury in Lake Park. Featuring a lake, Trails, Golf Course and easy access to all the new restaurants & retail.
Information deemed reliable but not guaranteed. Buyer to verify all information.

Bank owned home in Sandy, don’t miss it

Okay guys, this is a bank owned home in Sandy. Just came out today. I showed clients a house on this street for $249,000 a couple months ago and that was the cheapest thing out there til this one came out today.

Let us know what you think!

Presented by: Brad Miles 801-428-7223
List Price: $219,900	MLS# 915062	Stat: Active	Ref # 1
Address: 9563 S HILLSBOROUGHHEIGHTS RD		Type: Single Family	Style: Tri/Multi-Level
City: Sandy,   UT 84092		Project: HILLSBOROUGH HEIGHTS
Prop. Tour:  Tour	NS/EW: 9563 S / 2325 E
		Tot Sq Ft: 2512  Tot Beds: 5  Tot Baths: 3.00  Family Rms: 1  Fireplace: 2  Gar|Port: 2 | 0	Yr Built: 1980 Taxes: $1,624 Acres: 0.19 HOA Fee: $0 Under Cnst: No Fin Bsmnt: 95%
		Exterior: Aluminum/Vinyl, Brick
		Lot Facts: Cul-de-Sac, Curb & Gutter, Fenced Part, Paved Road, Secluded Yard, Sidewalks
		Features & Info: / Dishwasher, Range Oven Free Std., Vaulted Ceilings
		Inclusions:
Remarks: GREAT FAMILY HOME. OPEN VAULTED. BANK OWNED. SOLD AS IS. PRE APPROVAL LETTER FROM A BANK OF AMERICA (BAC) HOME LOANS LENDER (SEE AGENT REMARKS) OR CASH PROOF OF FUNDS REQUIRED FOR OFFER SUBMISSION. PLEASE ALLOW 2-3 BUSINESS DAYS FOR SELLER RESPONSE
Information deemed reliable but not guaranteed. Buyer to verify all information.

More info for $4,000 Home Run Grant in Utah

Check this link for more info!

Want a cheap east side Salt Lake duplex? Here it is…

This is THE least expensive duplex east of 1300 east right now. Currently there are about 50 duplexes available east of 1300 east that go all the way to the $800K range. We watch this market consistently every day, so don’t hesitate to ask us if you are curious about one of them. There are lots of great buys out there.

Presented by: Brad Miles 801-428-7223
List Price: $219,900	MLS#857382	Stat: Active	Ref # 1
Address: 3973 S 2700 E 2		Type: Duplex	Style: Side by Side
Quadrant: SE	Coord: 3973/2700	Sold Price: $0	Area: 106
City: Salt Lake City, UT 84124		Project:
		Tot Sq Ft:1,740 Gar/Port: 0/0 Yr Built: 1964	Taxes: $1,359 Acres: 0.17 Prop. Tour:  Tour
		Bedrooms: Baths: Fireplace: Square Ft: Rent: Unit 1 1 1 0 870 $700 Unit 2 1 1 0 870 $670 Unit 3 0 0 0 0 $0 Unit 4 0 0 0 0 $0
		Features & Info: Basement Entrance / Dishwasher Built-In, Hardwood Floors, Range-Oven Built In, Vaulted Ceilings / Covered Parking, Separate Power Meters, Separate Gas Meters, Separate Water Htrs, Separate Air, Laundry Hookup Inclusions: Ceiling Fan, Refrigerator, Storage Sheds, Window Covers
Remarks: REDUCED $30,000*GREAT INVESTMENT W/HIGH RETURNS*BEST PRICE FOR EASTSIDE DUPLEX*UNIT #2 REMODELED W/NEW WINDOWS*870 S/F UNFINISHED BSMT UNDER UNIT #2 W/OUTSIDE ENTRANCE*NO SIGN-DON’T DISTURB TENANTS-CALL AGENT*BUYER VERIFY ALL*OWNER/AGENT*
Information deemed reliable but not guaranteed. Buyer to verify all information.

New Holladay Townhome for Sale

Here’s a new townhome we just listed for sale. Please call us if you are interested. It’s a solid buy in a great area. Thanks!

Presented by: Brad Miles 801-428-7223
List Price: $239,900	MLS# 909574	Stat: Active	Ref # 1
Address: 4802 S DIPO PL		Type: Condo	Style: Townhouse/Row-End
City: Holladay,   UT 84117		Project: TIDEWATER
Prop. Tour:  NA	NS/EW: 4802 S / 1360 E
		Tot Sq Ft: 1678  Tot Beds: 3  Tot Baths: 3.00  Family Rms: 1  Fireplace: 1  Gar|Port: 2 | 0	Yr Built: 1978 Taxes: $1,174 Acres: 0.01 HOA Fee: $206 Under Cnst: No Fin Bsmnt: 0%
		Exterior: Aluminum/Vinyl
		Lot Facts: Fenced Full, Sprinkler, Auto-Full
		Features & Info: Patio / Dishwasher, Disposal, Gas Log, Jetted Tub
		Inclusions: Range, Refrigerator, Water Soft Own
Remarks: Great Holladay location!Quiet Street perfect for retired couple or newlyweds.Has a sun room that gives an additional 159 sq ft to house.Potential to use main floor bedroom as a master suite.Clean and neat, don’t miss out on this one. Buyer to verify all.
Information deemed reliable but not guaranteed. Buyer to verify all information.

Housing is on the Recovery.

I am sure many of you are reading the news online, watching your favorite news channel for the next prediction of the housing situation.

I found this comprehensive article that I think explains it perfectly. Now I need to throw out the fact, whenever statistics are quoted in a generic article they are referring to the nation as a whole, not the local target markets of your specific area. Some states and cities have faired better than others, and therefore have much better statistics.

Now lets lay out the facts for everyone. I won’t try and predict, or pull out my trusty crystal ball that I pull out when I am with clients.. They are the only people that are privledged enough to see my secret weapon.

1- Interest rates are still at an all time low historically speaking.
2- Home prices have been dropping, and the median home price has come down to the realm of I don’t know “affordability”?
3- The housing market has seen a boost in the last several months in help to.
1- Affordable Homes
2- Low Interest Rates
3- Govt. Incentives
4- After waiting for the bottom to fall out. People realized the end of the world wasn’t here quit yet..

So, read this article let me know what your thoughts are.

are..

I like being optomistic, it is my nature. I am a firm believer in postive news, we get so hung up on everything that is going wrong and forget to notice the obvious. Life goes on. So in the spirit of hope. We are on the road to recovery. It will not be easy, it will not be smooth, however we will pull out of this mess. And maybe we will all make a little money one day in the future..

Affordable Housing is Stabilizing. Higher End homes still could see a double dip in lower prices.

Some interesting news for those of you who are looking to wait on the lower end affordable housing. Experts agree that there are signs of stabilization in the Real Estate markets. However most economists agree that is on the lower end side of the market.. Which in translation means the affordable housing. Obviously your upper price ranged homes are still getting slaughtered. Duh! You mean no body wants to buy a 3 million dollar home in West Valley UTAH?

Reality Check folks. Lower priced homes / or what I call affordable, because your average family can not afford a $400,000 home is starting to stabilize and most likely has seen its bottom. The upper priced inventory could possibly see a double dip in lower pricing Which is not surprising to me at all. More like I expected that. The point they are trying to make that majority of people can only buy in the lower priced homes, so don’t sit around thinking you are going to see another 50% drop. I mean I would love to buy a home on the East side in Sandy for $50,000 but something tells me that is never going to happen..

Enjoy…

New 4plex in Salt Lake

Look at the rents and price! This new listing will be a great investment. Solid brick exterior for easy maintenance, good area, and good rental history. Call us if you want to see it.

Presented by: Brad Miles 801-428-7223
List Price: $279,500	MLS#885844	Stat: Active	Ref # 1
Address: 1311 E WOODLAND AVE		Type: Fourplex	Style: Side by Side
Quadrant: SE	Coord: 3180/1311	Sold Price: $0	Area: 102
City: Salt Lake City, UT 84106		Project:
		Tot Sq Ft:2,400 Gar/Port: 0/0 Yr Built: 1960	Taxes: $1,911 Acres: 0.20 Prop. Tour: NA
		Bedrooms: Baths: Fireplace: Square Ft: Rent: Unit 1 1 1 0 600 $500 Unit 2 1 1 0 600 $600 Unit 3 1 1 0 600 $550 Unit 4 1 1 0 600 $450
		Features & Info: Basement Entrance, Storm Doors / Range-Oven Free Std / Joint Gas Meters, Joint Water Htrs, Separate Air, Some Utilities in Rent Inclusions: Range, Refrigerator, Window Covers, Workshop
Remarks: All brick, three units up one down. Landlord shop storage area in bsmt (approx 400 sq.ft.) Across from the Brickyard shopping center and close to St.Marks Hospital…No sign no keybox do not disturb tenants. Offers subject to insp. Agent related to seller
Information deemed reliable but not guaranteed. Buyer to verify all information.

New Conforming Home improvement loan…

We have found a bank that offers a great new Conforming Home improvement loan. It only requries one appraisal, allows the borrower to use the “After Improvements” value and borrow up to $417,000 for improvements.

1- Up to 95% LTV for home improvements
2- Cash out to $417,000 loan amounts
3- After improvement value utilized

So in plain English what does this mean. A lot of you are interested in fixer uppers that just need to much work for you to bite off. This is a new Home improvement loan. So basically you can get one loan and build the costs to repair the home into your loan. For example: we find you a REO property for $200,000. Comps support a value of $250,000 if it was fully remodeled. You think you can do the remodel job for about $35,000. So we get an appraisal based on if the repairs have been made. The bank will loan up to 95% of that value. They will escrow the cash so you can make the repairs. You end up with one loan at a good interest rate. Problem solved, you can now look at fixer uppers. Now obviously this is a case by case basis. So give us a call if you have any questions..

Need a good Laugh.. House Drops Plans to buy Fancy Jets

So I woke up this morning, looking for something that would make me laugh.. This will do if for you.

These are the guys running our country!

I really just couldn’t believe it when I first heard this report. So I could expound on this whole debacle, or I can just sit back and laugh as they bury their heads in the sand, and try to salvage their careers before re-election… You have to love this kind of stuff.