Discover six ways to evaluate real estate investments to determine whether they’re a good investment or not. Find out how to evaluate Utah rental properties here.
Since your home is typically your largest investment, you may be trying to “time the market” when listing your house. Like most investments, you get the largest returns when you buy low and sell high.
If you’re considering selling your home, you might be wondering how much does it cost to sell a house in Utah?
Understanding the true cost of selling your home in today’s market is important when outlining your real estate goals and pricing your property. On average, the cost to sell home is from 6-9% of your home’s final sales price.
Ask a lender, an appraiser, a real estate agent, a homeowner, and a county tax assessor how much your Utah home is worth and you will receive five different answers.
Why is it so hard to correctly calculate your home’s value?
The short answer is that a home’s final selling price is dependent solely upon what someone is willing to pay for it.
If you thought a global pandemic would slow down the real estate market, you were wrong. Over the past few months, there has been a surge of activity with home buyers flooding the market but . . . low to no inventory.
2020 has been the “Year of the Seller” here in Utah.
Your Utah Realty, one of Utah’s newest real estate teams, is pleased to announce we are now part of the brokerage team of KW Salt Lake City Keller Williams. Utah realtors Melanie Pendrey and Lyndsey Larsen have transitioned as full-time agents serving the greater Salt Lake City metropolitan area, including Ogden and Provo.
Buying or selling a home in Utah is one of the most important financial transactions you can make. And you don’t want to do it without a Utah realtor. There are numerous considerations including negotiating offers, understanding contracts, proper disclosures, understanding market value, and other rules and regulations that make real estate transactions complex and sometimes hard to navigate.
Did you know that if you are a first-time home buyer in Utah, you may be eligible for grants and programs that help with down payment costs, more favorable loan terms, and other grants?
We have compiled a list of the programs and types of loans available for first-time home buyers in Utah. Please check with your lending institution and the individual programs to check the requirements and your eligibility.
Many potential homebuyers put off getting a pre-approval letter until they have found a home they’re interested in purchasing. It is a bad idea to wait to get pre-approved for a home loan for several reasons.