Utah Real Estate ציבורי
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You can watch this episode on Youtube: https://youtu.be/6apqTdfVK-E How do you get started in real estate investing? Especially in Utah, there are some things you need to know to make sure you don't get burned. 1:22 - Hey, I want to go do this (investing), no what? Now they have cash to start, but they're getting ahead of themselves. Investing is s…
 
You can watch this episode on Youtube.com: https://youtu.be/vUKESItdiR0 What improvements actually ADD value to your home? We talk with Joel Frost, expert Utah appraiser, about what improvements add value or reduce value. 0:59 - Joel's credibility - He seen 16,000 homes. Today we're talking about improvements, and what you get out of them.1:49 - Sp…
 
You can watch this episode on YouTube.com: https://youtu.be/BqTCvNIqdMo View a house on Tuesday, offer on Friday, it's accepted on Monday — Fridge is included, but they replace the fridge with a cheap one on Saturday. Which fridge is included? The Utah state REPC stipulates which fridge you get! 0:49 - Announcement! We're doing the HOT WINGS challe…
 
You can watch this episode on YouTube.com: https://youtu.be/jblruMRggiE How does an appraisal work? What gets counted, and what doesn't? If you've ever wondered about how this mystical voodoo math gets done, Joel Frost is here to help you understand! 1:20 - Joel, tell us about yourself. Appraising since 2006, and has completed 16,000 appraiser file…
 
Watch on Youtube.com: https://youtu.be/tGqQdajB3q4 This is how we see the market from here and beyond. 1:15 - The bubble's bursting! Are we in a bubble? Is it 2008 all over again? "Underwater" means your home is worth more than you owe. People believe they see a similar trend to 2008, so we must be in a bubble. 3:45 - Personal story of a friend who…
 
You can watch this podcast on Youtube.com: https://youtu.be/f5MHE_mWbS0 Every house has something that is less than ideal, and these surface during home transactions. As a buyer, how do you ask for repairs in a way that won't scuttle your deal? For sellers, how do you work with buyers to ensure any repairs are acceptable? 0:42 - Introduction. We're…
 
Watch the show on Youtube.com: https://youtu.be/ZoVXSjSk_qg Is it addendum or addenda? More importantly, how do you use one to modify the contract without breaking it? 0:41 - What's the difference between "addendum" and "addenda"? An addendum is a modification of the contract.1:25 - What if you like some, but not all, terms of an addendum? All adde…
 
Watch on Youtube.com: https://youtu.be/s_st13NcgUw What is a rate lock? How does it work? Do you really "lock" your rate? What happens if the lock expires? Your lender should have the answers to these questions. Naturally, ours does. 0:34 - A rate lock locks an interest rate. It requires 3 things: a borrower, a property, and a mortgage program. 1:0…
 
Watch this episode on YouTube.com: https://youtu.be/7wQuqw8lq_A Now that you've got your short-term rental, how the heck do you manage it? Dedicate some serious time to thinking through what your guests will want or need, and make that available for free or for a fee. You're after good 5-star reviews. Keep your guest in mind, and you'll get the the…
 
Watch on YouTube.com: https://youtu.be/nE3x90Ij6d0. How do you get into the short term rental game? Learn how with your special guest, Kirt Forakis. Want to have a nightly rental, a coveted Airbnb, or a VRBO? Here's how you get into one. Find out how to evaluate an Airbnb. Does it have the "Convenience Factor"? Will your city shut you down? Will yo…
 
Watch on YouTube: https://youtu.be/YYrtq84dFrk How to Hunt Houses like a frickin' angry pack of hungry African wild dogs chasing a gazelle. Your house hunt can be exhausting, but it doesn't have to be. Avoid house blur, use the King Method, dodge frustration, ditch buyer fatigue, and use your time efficiently. 0:46 - How do you do this house huntin…
 
Watch this episode on YouTube.com: https://youtu.be/6_LhrGj0gus What are you required to disclose when selling a house? What are you allowed to ask about when you're buying a house? Material facts (must be disclosed), but potentially interesting information that doesn't change the value of the home need not be disclosed. But remember, if a buyer as…
 
Watch this episode on YouTube: https://youtu.be/jcBmTvlHK_I Learn the basics of how to become a good landlord. There's a lot to it, and this is just an overview, but it gives you a good take on the basics. 0:50 - Different types of rental units: rent your basement, rent rooms (roommates!), entire house, mother in law apartment (MIL), accessory dwel…
 
Watch on YouTube: https://youtu.be/E8Q1WQixuUQ Who are the agents in this transaction? Well, check out section 5 of the Utah Real Estate Purchase Contract (REPC), and you'll know who exactly represents who! Do you have full representation or do you have limited agency? This section ensures people know who can talk to who about what. 0:44 - Who repr…
 
Watch the video: https://youtu.be/5RELVJgCYzw Buyer's remorse (or seller's remorse) can ruin an otherwise excellent transaction. Problem is: we naturally do this to ourselves. Taking a few steps during the planning phase of your purchase, can give you the best chance to Save Yourself from Transaction Remorse! 1:04 - Spicy remorse and buyers remorse…
 
Watch on Youtube: https://youtu.be/22U4HWFMaGY Dive into Section 4, the "sneaky" section of the Utah Real Estate Purchase Contract (REPC). What gets prorated, and by how much? What are special assessments, and who pays them? What fees might occur during a transaction, and how are they split? 0:46 - 4.1 Prorations - or "pro rata" if you like your La…
 
Watch on Youtube: https://youtu.be/HG-eRoBpjqQ There are 15 types of terms available in the MLS. Five are common, and 10 are not — do you know what they all are? We do. 0:35 - What are the terms sellers would accept?0:45 - The 5 most common terms. Cash, conventional loan, FHA (Federal Housing Administration loans), VA (Veteran's Affairs), USDA (US …
 
Watch on Youtube: https://youtu.be/9YonZfQL3n411 Tips on how to buy new construction. Buying a home from a building can be a frustrating process. Make sure you've got good people protecting you along the way. 0:43 - Who does the home building agent represent? The builder. You can buy without an agent protecting you, but why would you? Most of the t…
 
Watch on YouTube: https://youtu.be/aoN0xL1kAcE What's a real estate love letter, and why should you avoid them? 0:23 - Tyler received a real estate love letter, and Jason reads it. 1:01 - The letter was cringy!1:16 - 7 HUGE Fair Housing protected classes.1:59 - Why love letters are an issue for buyers (and buyer agents).3:55 - Love letters are an i…
 
Watch on YouTube: https://youtu.be/vjmOCMnnT0E You should always use a pro! Here are 3 stories about times when we DIDN'T use a pro...and paid for it. These stories illustrate why we do this show. We do this show for YOU! 0:42 - Tyler's experience selling his own house (FSBO), then purchasing another house as an unrepresented buyer. He got taken fo…
 
Watch on YouTube: https://youtu.be/dsbqmsbY8T8 What is the debt to income ratio, and why do you care when you're trying to buy a house? How much debt you have greatly influences how much a lender is willing to lend to purchase a home. Ideally you have a huge reportable income with very low debt — that gives you the best debt to income (DTI) ratio, …
 
Watch on YouTube: https://youtu.be/S7Dnwkvodro Credit scores need a little more explaining when it comes to a mortgage. What's "good enough" credit for a loan? What elements influence your credit score? How do you raise your credit score? 0:48 - What's a credit score? ...How likely are you to pay back a loan?1:35 - Most lenders use a FICO 8 score. …
 
Watch on YouTube: https://youtu.be/aQBw4EWugAE The Utah Real Estate Purchase Contract (REPC) section 3 talks about the important terms of settlement, closing, and possession. Settlement is different than closing. What are the terms of possession? Do you have a short-term lease? What's occupancy fraud? 0:22 - What is settlement?1:03 - What is closin…
 
Watch on YouTube: https://youtu.be/-8SYq3aQt3Y There's more to title than you might think...a lot more! What is title insurance, and how does it help the buyer...and the seller? What's an owner's policy, a lender policy, and what's the difference? What does it mean to convey "free and clear title"? When do you get a "PR" and how do you use it? *No …
 
Watch on YouTube: https://youtu.be/7WSBbyfvdOY How much down payment do you have to bring? What makes up the purchase price? Wait, what if I have to sell my home in order to buy this one? These are all questions buyers face when they consider presenting an offer on a home. You want to make sure you stand out, and you want to make sure that you're p…
 
Watch on YouTube: https://youtu.be/GbcnsoAHU5g What's a home warranty? How does it work? Do you need one?We discuss with Corey Zimmerman, owner of Elevate Home Warranty the ins and outs of having a warranty on a home. *No appliances were harmed in the filming of this real estate discussion. Please contact us to tell us you love us, you want to hire…
 
Watch on YouTube: https://youtu.be/SFkQ5GMQ3KU Are these shelves included? What about the shed in the back? What's included and what's excluded from a real estate purchase contract? It's important to understand what the contract says, because ultimately, that's the document that governs whether or not something is sold with the house. 0:46 - What a…
 
Watch on YouTube: https://youtu.be/AD2OdsnDio8 Are you having trouble getting your offer accepted in a strong seller market? Here are 19 tips of how to get your offer accepted. We talk about contingencies, earnest money, appraisal gaps, seller closing cost and more! Do everything you can to make your offer stand out among the many that will be subm…
 
Watch on YouTube: https://youtu.be/52Hyv5iMTRU Mortgage Insurance on my loan, When does mortgage insurance have to be on a loan? Does PMI come off my loan? Does MIP fall off my loan? What is mortgage insurance? Can you Re-Fi out of mortgage insurance? Mortgage insurance guarantees the investor's money in a real estate transaction. Sometimes it's pr…
 
Watch on YouTube: https://youtu.be/v3Mmctrrx9o How often should carpets be cleaned? Are all carpet cleaners the same? What makes one carpet cleaner better than another? How do you get a carpet allowance without committing fraud? Get your carpets professionally steam cleaned once per year. Don't over soap your carpets unless you really like those bl…
 
Watch on YouTube: https://youtu.be/rYuEEqAVDgw How much insurance do you really need? What coverages are you ok to get rid of? How do you actually file a claim, and then what happens? This is part two of two of our interview StateFarm insurance experts Joe Bowen, Ben Hardmen, and Alex Resendiz. Part 1 is here: https://www.youtube.com/watch?v=fB3Y0y…
 
Watch on YouTube: https://youtu.be/fB3Y0ykDcu8 How much insurance do you really need? What coverages are you ok to get rid of? How do you actually file a claim, and then what happens? This is part one of two of our interview StateFarm insurance experts Joe Bowen, Ben Hardmen, and Alex Resendiz. Part 2 is here: https://www.youtube.com/watch?v=rYuEEq…
 
Watch on YouTube: https://youtu.be/XfE0BhbfZFQ An interview with Utah Dance & Fitness owner, Camille Neilsen! How did she decide to buy? When she saw "the shed", how did she decide to transform it into "the dance studio?" Why is using a realtor so important through the whole process? 0:52 - Introductions1:26 - Why did Camille want to move to Utah?1…
 
Watch on YouTube: https://youtu.be/p877Li4uOV0 There's a difference between settlement, closing, recording, and possession. Here's the kicker: you don't get to move in until POSSESSION. Would it be bad to let someone move into a home you're selling *before* it closes? What happens during the final walkthrough, and why it could make or break your de…
 
Watch on YouTube: https://youtu.be/mCWpTcgm3Sk Using technology, an out of state buyer doesn’t even need to travel to the home in order to purchase it…and it’s not “sight unseen” anymore! Do your Realtor®, lender, and other real estate professionals use digital signatures? Do they use 3D tours? Do they use drone footage and live walkthrough video? …
 
Watch on YouTube: https://youtu.be/aQABBL3q-Fo Why do prices keep going up? Well, it's supply and demand. There's a low supply, and there's a high demand, with a huge housing gap! That's great news for sellers who watch their homes appreciate as much as 20% per year! But that creates some challenges for buyers who's buying power seems to be diminis…
 
Watch on YouTube: https://youtu.be/7xLY4W-8qNo What happens if I back out of a real estate purchase contract? Well, there's a penalty if the buyer or the seller back out — and that's earnest money. It matters when and why you back out as to whether or not you'll get to keep your earnest money. In a nutshell, real estate contract are serious busines…
 
Home inspection is part of due diligence, and it gives the buyer a report detailing any issues with the home. Home appraisal is part of financing and appraisal, and it gives the lender a report about the home's relative value. We address all these questions: Why do buyers love inspections? Why do sellers not appreciate inspections as much? Should y…
 
Watch on YouTube: https://youtu.be/q_wX7DPrgCU Settlement is when you sign everything. Closing is when all the money is moved, title is recorded, and the house is yours. Watch for Tyler flubbing the definition...more than once! The Real Estate Purchase Contract (REPC) stipulates 4 calendar days to complete all the documents: " 3.2 Closing. For purp…
 
Watch on YouTube: https://youtu.be/tBUSa1wqaMI If you're considering purchasing a property, talk to your lender NOW. Whether it is in Utah Real Estate market or another, they can help you do things while you're preparing for the transaction that will make the transaction MUCH smoother. We've had clients speak to lenders 3 months, 6 months, even 12 …
 
These days, 90% of buyers begin their home search online. Because of this, a listing’s photos play a huge role. If a home doesn’t look compelling, then it isn’t selling. So, having professional photos taken when you list is definitely necessary in today’s market.על ידי Shane Roxburgh
 
Before you purchase a home, I strongly recommend that you schedule a consultation with your agent. You might ask what that would entail. Well, today I’m going to talk about what a buyer consultation is and why it’s important to schedule one before making final decisions about purchasing a home. We want to sit down with you to establish what your wa…
 
What is an appraisal and why is it important?If you are buying a home with the help of a lender or refinancing your mortgage, you will have to go through the appraisal process. The appraiser is hired by a neutral third party in order to determine the value of the property. How does the appraiser come up with that value? Why is the appraisal so impo…
 
Our Northern Utah market is expanding quickly, and there are a couple reasons why. Selling your Wasatch Front home? Get a free home value report Buying a Wasatch Front home? Click here for full MLS access As you know, we’re experiencing exponential growth here in the valley. You’ve heard of Silicon Slopes, Building Salt Lake, and other major projec…
 
We have been fortunate to run the Basket Brigade for the past two years. Thanksgiving 2017 was our most successful year to date. Want to see which St. George area homes are currently for sale? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers wil…
 
The holidays are all about giving back. It’s almost time for our Sub for Santa event, so find out how you can help a family in need this Christmas. Selling your Wasatch Front home? Get a free home value report Buying a Wasatch Front home? Click here for full MLS access This Christmas, help a family in need. Every year, we do a Sub for Santa event. …
 
Want to see which St. George area homes are currently for sale? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You can always call us at (435) 215-4533 for a FREE home buying or selling consultation to…
 
Selling your Wasatch Front home? Get a free home value report Buying a Wasatch Front home? Click here for full MLS access Today we want to show you how to safely remove an old refrigerator from the third floor of your investment property. It is absolutely crucial that your mannequin friend tests the fall first. “ Find a friend to test the landing. …
 
Selling your Wasatch Front home? Get a free home value report Buying a Wasatch Front home? Click here for full MLS access It’s always important to thoroughly examine a home. Of course, the inspector will let you know if there are any underlying issues with the property, but it doesn’t hurt to pay attention to the details during a showing. Check out…
 
Our team has seen explosive growth recently. Because of this, we’re looking to add a listing coordinator to our staff. Want to see which St. George area homes are currently for sale? Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for …
 
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