When you see a staged home, what you see is a performance - a home that has been made to look better than it actually might be. Staged homes are nice to look at, but homebuyers need to be careful to not get caught up in the presentation and lose sight of what is "real" in the home. Not all stag
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10/07/2019
Most Utah Homebuyers believe that the appraisal is being done to protect the Buyer. Although it may ultimately do so, the appraisal is really done in order to protect the lender. Appraisers are hired to protect the Buyer's lender(s). The main part of the appraiser's job is to determine if there i
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08/20/2019
Determining how MUCH Earnest Money to put down when making an initial offer is VERY IMPORTANT!The amount of Earnest Money you include with your offer is highly important. It sets the stage for negotiations and the strength of your offer. The amount you choose to put up as Earnest Money has both a
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08/19/2019
In Utah, THE APPRAISAL CONTINGENCY allows a Buyer to cancel the contract and have their Earnest Money returned, if the property under contract appraises for less than the contractually agreed price. This contingency has deadlines by which the appraisal and cancellation need to be made. Almost ALL
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08/15/2019
There are so many lenders, loan types and loan programs, so how can you REALLY know which loan is best for you?At Homebuyer Representation, our Exclusive Buyers Agents will assist you by looking at your financing options and possible sources of financing. We are not lenders, but because we have h
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08/14/2019
Most people think of Earnest Money only as a protection for the Seller.Maybe a Buyer gets cold feet. Or perhaps, a Buyer ties up the property, but is ultimately unable to perform after all contingencies have passed. In these cases, the Earnest Money is widely considered to be a fair amount to pay
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08/13/2019
The latest statistics from the local MLS are in and take a look at those numbers! The greatest thing to note for Salt Lake County homebuyers is that, compared to last year at this time, there is more housing inventory for buyers to choose from this year. Salt Lake has been in a seller's market fo
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08/12/2019
The FINANCING CONTINGENCY in an offer is a protection to the Buyer if their financing happens to fall through.A Financing Contingency allows Buyers to cancel the contract without forfeiting their Earnest Money. If one is not included in the offer, and the Buyer's financing falls through, the Sell
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08/09/2019
Once Homebuyer Representation has shown you all the available homes on the market that fit your budget and match your criteria and you have decided on the one you want to make an offer on, it's time to get serious!In Utah, in order for your offer to be valid it is required to be backed by what is
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08/08/2019
The wrong mortgage could end up costing you thousands of dollars in needless fees, interest and other costs.Many lenders have a collection of go-to loan types that they use most often. However, your circumstances may require a special product that only certain lenders can offer. Many loan origina
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08/07/2019
