Before you buy one you must understand what you are doing. A short sale is when the bank is being SHORTED the amount that they are owed. A short sale is NOT A BANK FORECLOSURE. A short sale happens before foreclosure. Usually the owner of the property has been backed a few plus months on [...]
I spent a good hour this morning going through all the rental properties in SLC. Clients/Investors often call me looking for properties that CASH FLOW (meaning you bring in more money off your rents that your mortgage is costing you a month plus additional expenses). Well, this has been hard to find over th last [...]
With the current market both nationaly and here in Utah slowing down quite significantly I am being asked agian by many of my cleitns, “what should I renmodel before I sale.” In their mids they are envissioning a TV program where a HOUSE FLIPPER fixes a few things and makes HUNDREDS OF THOUSANDS (you know [...]
For the past few years we have rented a theater for friends, family and clients to view the latest movies. Just another way for us to thank all of you for using us as you Utah Real Estate agents. Check out the pics form the latest event. See the PICS!!
Well they did it again. Feds cut the rate today three quarters. Clients often ask me if this means that they can get THREE QUARTERS off their mortgages since the rate was dropped. The easy answer is NO. Mortgage rates don’t directly correlate with the fed reserve rate. The fed rate is the rate at [...]
I have been teased a lot lately about the new natural gas car a just bought. But as soon as I let the teaser know I spend 64 CENTS per gallon they soon get quiet. True, I went from new BMW to old honda civic but it’s worth every penny in gas savings! Go Green [...]
Today is day # 1 of utahcribs newly created blog. We are three avid real estate agents working the state of utah. Jake Breen (author) adds value to the team by staying up on statistics, managing operations and overseeing every detail. Spencer Janke makes the sale happen. He’s quite good considering he boosted the team [...]
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