Real Estate Blog

You’ve found your dream home and now it’s time to cross all your T's and dot all your I's before it’s all your own. And one of the first items on your closing checklist the home appraisal. So, what exactly is that?

The home appraisal is essentially a value assessment of the home and property. It is conducted by a certified third party and is used to determine whether the home is priced appropriately.

During a home appraisal, the appraiser conducts a complete visual inspection of the interior and exterior of the home. He or she factors in a variety of things, including the home’s floor plan functionality, condition, location, school district, fixtures, lot size, and more. An upward adjustment is generally made if the home has a deck, a view, or a

19 Views, 0 Comments

Whether it’s your first time buying or you just want to purchase something smaller, townhouses and condos are both great options. Check out the differences between the two to help aid you in your search!

Condominiums

Condominiums are similar to apartments in that you purchase an individual unit inside of a larger building, but not the property it sits on. This generally includes access to the building’s amenities, such as the clubhouse, pool, and gym. However, condo owners are not responsible for the upkeep and repair of these common areas. Because of the number of shared spaces, living in a condo often allows for meeting new people and building a strong sense of community. There is a fairly similar vetting process for loan approval as for a

2 Views, 0 Comments

As we approach a new year I am always asking myself (and I'm sure you are too) what can we expect from real estate in the new year.  I read as much as I can about real estate trends, forecasts and expectations but the real test is always a local perspective.  

As in years past, population growth and the lack of affordable housing are 2 main concerns in my mind that will really shape our local market for years to come.  And personally I've always thought the Millenial buyers and even many of the Gen X buyers are looking for more urban style living.  They like the community feeling, they like not having to take care of their yard but still have nice common areas.  They don't want large and overwhelming spaces but more manageable, cozy environments and

28 Views, 0 Comments

This article I read a few days ago got me thinking about how where we live can make a big difference in our role in climate change.  The article starts with this, "There may be no place a person can go to avoid the effects of a changing global climate, but some places are better located and prepared for record-breaking temperatures, rising sea levels and worsening natural disasters than others."  Of course I got thinking how & where Utah fits in the climate change crisis and what us as Utahns and the government are doing to help.  

While I like that the piece gets our minds thinking about how where we live impacts the climate I don't think it dives deep enough into the idea that we can make simple changes that can make a huge impact.  For instance

5 Views, 0 Comments

Berkshire Hathaway HomeServices Utah Properties adds Red Ledges community in Heber, Utah to list of represented developments

 PARK CITY, UTAH – Locally owned and operated since 1976, first as the Coleman Land Trust, then as Prudential Utah Real Estate, and now as Berkshire Hathaway HomeServices Utah Properties, BHHS Utah Properties has been a leading force in the development of Park City’s real estate market for more than 40 years. Red Ledges, which is a four-season, full-amenity community in Heber, has been one of the most successful real estate development projects in the Wasatch Back for a decade. As Park City and Heber have become more connected over the past few years, the inclusion of a development like Red Ledges at a top brokerage was a logical

5,327 Views, 0 Comments

If you are considering putting your house on the market, you need to make sure it is ready for any age, but particularly the Millenial group. Innovative ideas for the home that could entice any buyer, even millennials which represent the largest buying pool demographic in the country is important because you want your home to stay competitive in the market. When you add that technological element to a home, it becomes both easier to live in and more in touch with housing in the future. The 1960s home that’s been renovated only one or two times might not be as up-to-date as another home that’s been recently done. What most people seem to forget is that not only does a home need to stand the test of time, but also upgrade as the buyer pool changes. 

2,230 Views, 0 Comments

December Events

10/9 - 4/14: Utah Jazz, Salt Lake City

10/11 - 2/11: Utah Grizzlies Hockey, Salt Lake City

11/15 - 1/4: Christmas in Color, West Jordan & Provo

11/15 - 2/23: The Gallivan Center Ice Rink, Salt Lake City

11/22 - 1/4: 2019 Luminaria: Experience the Light, Thanksgiving Point

11/23 - 12/23: North Pole Express 2019, Heber City

11/30 - 1/1: Ogden's Christmas Village, Ogden

12/1: 2019 Wheeler Farm Holiday Market, Salt Lake City

12/2: Draper Tree Lighting Ceremony 2019, Draper

12/6: Brandi Carlile, Salt Lake City

12/6 - 1/5: ZooLights at Utah's Hogle Zoo, Salt Lake City

12/7: Gardner Village Santa Run, Salt Lake City

12/7: Park City Santa Pub Crawl 2019, Park City

12/7: First Annual Craft Lake City

5 Views, 0 Comments

Fall

  • Check for drafty windows and doors, and seal any cracks.
  • Check the roof for leaks, before the rains come.
  • Get your HVAC serviced.
  • If you have a boiler, have it cleaned and serviced.
  • If you have a chimney, get it swept.

Winter

  • If it freezes where you are, shut down the outdoor faucets and sprinklers.
  • Be sure your snow-related gear is in order—salt pellets, snow blower, snow shovel, even a portable generator, just in case.

Spring

  • Check (and repair) all windows and doors.
  • Check (and repair) the sprinklers.
  • Clean (and repair) the rain gutters. 
  • Check the roof and chimney for any storm damage. 

Summer

  • Clean, repair and
11 Views, 0 Comments

What are closing costs?

Closing costs are fees and expenses that allow you to finalize a home purchase, including mortgage-related fees, property title insurance and taxes.

How much are closing costs?

Your closing costs will vary based on several factors, such as the size of the home, the down payment amount, type of loan you choose and what you're able to negotiate with the seller.  

Generally, closing costs run between 2% and 5% of the price of your home, which could be up to $10,000 for a $200,000 home. The average for a single-family property in 2018 was $5,779 including taxes and $3,344 without taxes, according to a 2019 survey by ClosingCorp, a real estate data firm. Costs can also vary by state. According to the survey, the highest-cost

12 Views, 0 Comments

When you put your home up for sale, one of the best ways to determine the asking price is to look at comparable sales. There’s rarely a perfect apples-to-apples comparison, so a pricing decision often relies on comparisons to several recent sales in the area. Here are five criteria to look for in a sales comparison.

  1.        Location: Homes in the same neighborhood typically follow the same market trends. Comparing your home to another in the same neighborhood is a good start, but comparing it to homes on the same street or block is even better.
  2.        Date of sale: It varies by location, but housing markets can see a ton of fluctuation in a short time period. It‘s best to use the most recent sales data available.
  3.        Home build: Look for
14 Views, 0 Comments