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Posts Tagged ‘utah realestate’

5 questions for the First time home buyer in UTAH

Posted by spencerjanke on February 10, 2010

5 questions for the First Time Home Buyer

  1. How much can I afford? – You need to get a loan officer and figure out the financing before you even think about what type of a house you want.
  2. What are my other housing costs outside the loan? – Often times buyer don’t realize there are other costs associated with actually buying a home.
  3. What do I need in a house or home?- Fundamentals that will fit your situation.
  4. Will this house fit my long term goals?
  5. Am I truely prepared to be a home owner?- What does it really mean to be a home owner?

These are just a few questions every First Time Home Buyer should be asking themselves. You need to get a professional in your area that can help you with answering these questions..

I am constantly getting asked about the market, and where do I find the best deals.. So if you are a first time home buyer in Salt Lake City Utah, here are a few resources for you ..

Best Deals in Salt Lake City Utah

Free Bank Foreclosures in UTAH

Posted in Real Estate Deals, Utah News | Tagged: , , , | Leave a Comment »

What will happen to Real Estate in 2010? Interest Rates 2010? Incentives, tax credits?

Posted by spencerjanke on February 8, 2010

What a crazy time we live in right now.. Every sigle day I am having these conversations with different people about what is going to happen. I will be the first one to admit, “I don’t Know.” How can I possibly predict what is going to happen in the Real Estate Market in UTAH? I am a market expert in My local Salt Lake City, UTAH area! But does that mean I can predict what is going to happen? Can I determine what will happen when Interest Rates go up this Year? Can I predict how the markets will react when the tax incentives expire on April 30th? NO, I can’t.. I can tell you what I am going to bet will happen. But it is just the opinion of a local Real Estate Broker in Salt Lake City, UTAH.

I think we are in for another up and down year, and I will tell you why?

Market Update, interest rates, and tax incentives

Bottom line people, is that as a society we can not afford to keep giving money to people to buy things. IE…. Tax incentives are not going to be around after this spring. The rule says, be under contract in a new home by April 30, 2010 and close by June 30, 2010. Or you will not qualify for the tax credit… If you have questions about it, call me or email me and I will help you out.

Now Interest Rates? You would be blown away at how many people are interested in this subject, the affordablity of a home is tied to your interest rate. Do I think they are going to go up? Yes, Interest Rates are going to go up, I don’t care what you think or why, bottom line interest rates will have to go up in 2010

Ok, now the last thing. Bank Foreclosures in Utah. Do I know where a list of Free Bank Foreclosures in Utah is? Yes I do, all you need to do is go to this website and sign up, they will simply email you a list once a week of the new Bank owned homes in Utah, Check it out easy..

FREE Bank Foreclosures in UTAH

Posted in Economy Update., Real Estate Deals, Utah News | Tagged: , , , , , | Leave a Comment »