I frequently have people ask me if they should Short Sale their home. I use this simple grid to help them determine their best option. I begin by explaining two important factors to consider when evaluating your home: Equity and Cash Flow. I make the grid using Cash Flow on the side, and Equity a
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09/30/2011
Timing can be vital to the success or failure of your home sale. Especially in today's market. In order to increase the chance of listing your home at the right time, I monitor many statistics. This helps me predict when homes in certain areas should be placed on the market. I hope viewing these
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07/18/2011
Here is a table with Congress' proposed limits on FHA loans in Utah. This will reduce buyers purchasing power. Anyone who wants to purchase a home above the proposed limit would have to get a conventional loan. This means a larger down payment. If you, or anyone you know, will be purchasing a hom
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06/22/2011
What are home buyers saying right now? The same things they were saying back in 2004 and 2005 before the boom. They complain that the home inventory is low meaning there aren't enough choices for them. They also are noticing that all the good homes are getting multiple offers. I interpret this a
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06/09/2011
A study just completed has identified the top 10 real estate markets in the nation for investors. Salt Lake City is ranked 7th in the nation based on national statistics! Find YOUR SLC investment properties here The cities were evaluated on a number of factos. The factors that make Salt Lake Cit
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06/03/2011
There are more than 14,000 homes on the market across the Wasatch Front. Over 25% of these are short sales. Why are there so many short sales on the market? There are some misconceptions about the purpose of short sales, which can lead to frustration, loss of money, and even getting scamed. It is
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05/25/2011
Do you have a favorite pick-up line? There is a whole slew of one-liners used to get phone numbers for dates. But what about business? How do you get the phone number of a potential client? "You need a library card to check books out. Here's my business card so you can check ME out!" Having a bus
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05/09/2011
I just came across a report which confirms what I've been telling sellers for almost 2 years! There is a pocket of potential buyers that will all start buying around the same time. This is the shadow-deman. The economy has forced people who normally would have purchased a home, to put their purch
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05/04/2011
As the weather warms up I've noticed a lot of talk about gardening and planting. In gardening you plant in the Spring and harvest in the Fall. It made me think, when is the harvest in real estate? Reviewing the statistics from past few years suggests that Spring is the time to harvest! I've highl
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04/05/2011
Bank of America recently played the teacher role when they decided to evaluate the success of the HAMP program. An article on HousingWire.com describes how they took 100 dilinquent loans through the process to give HAMP a grade. What did they find? Out of 100 loans how many do you think successfu
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03/16/2011