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Cedar Hills, UT Real Estate News

  Contact: SuAnne Hoffman Phone: 801-360-3900     2-Story, Single Family - Cedar Hills, UT Listed at 649900       Send To   Subdivision JUNIPER HEIGHTS Category Homes Type Single Family Re-Sale Sq Footage 6103 Bedrooms 7 Bathrooms 2 Half Bathrooms 1 Lot Size 0 Short Sale No Year Built 2006 Home Address 4239 W JOSHUA LN Cedar Hills, UT 84062   Home DescriptionPrestigious Cedar Hills neighborhood. Ivory Home Carrara home floor plan. Formal living and dining room. Office with french doors. Huge great room. Kitchen with large island with prep sink, double ovens, gas range, light cabinets, laundry room with 2 dryer hookups. Christmas light package with custom lights. Large master bedroom. Master bath with garden tub and 2 sinks. Large walk-in closet. Amazing theater room, suspended wood dan...
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By Robert A. Hulme, Home Listing Partner
(Home Buyer Realty Utah)
Another Utah Luxury Realty aerial videos, this time a Home in Cedar Hills, Utah. You will love our Aerial Videos, 3D Interior Spaces from Matterport.  With over 100 Local Real Estate websites at our disposal, our Home Sellers bet maximum exposure on the Internet.Here are a few of the State, County and City websites available to us:Cedar Hills Utah Real EstateUtah County Real Estate ListingsUtah County RealtyUtah County Homes for SaleUtah County Real EstateUtah Luxury Real EstateUtah Luxury Realty
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By Robert A. Hulme, Home Listing Partner
(Home Buyer Realty Utah)
Utah County Homes for Sale and Closing Costs There have been times in the past that I have had clients come to closing not understanding what kind of money they would be required to pay. There are various fees associated with buying and selling a home. These fees are called closing costs. Some of these fees are automatically assigned to either the buyer or the seller, other costs are either negotiable or are dictated by local area custom. Buyer Closing Costs When the buyer applies for a home loan, loan officers are required to provide the borrower with a good faith estimate of their closing costs. These fees will vary depending on the type of loan and the terms of the purchase agreement. Some of the closing costs, especially those dealing with the loan application, are actually paid in ...
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By Robert A. Hulme, Home Listing Partner
(Home Buyer Realty Utah)
Utah County Homes for Sale, Home Buyer and getting Pre-Qualified The time has come to start shopping for a home to purchase. The first thing that you should do is to get pre-qualified for a home loan. It is very important to understand what your price range is prior to looking so you don’t waste time looking at properties that are out of your price range. Where do you begin? Most Realtors work with a trusted network of Mortgage professionals, who can assist you in getting pre-approved for a loan so that you can comfortably begin looking at homes with the assurance that you can obtain the proper financing. Generally, loan officers can help you with a pre-approval by getting some basic information (address, social security number, etc.) over the phone or internet. If you choose to purcha...
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By Robert A. Hulme, Home Listing Partner
(Home Buyer Realty Utah)
Utah County Homes for Sale, Foreclosure Homes, Bank Owned and Short Sales Properties that are in distress usually are referred to as Foreclosures.  Foreclosure usually happens for a number of different reasons.  Few home owners choose to go into foreclosure voluntarily.  It is often a result of one of the following: Loss of Job, laid-off, fired or just quit. Unable to work due to medical condition. Divorce Job transfer High debt, unable to make mortgage payments Foreclosure property can be distributed to the public in a number of different ways.  The first step usually takes place in the form of a Short Sale.  The seller tries to negotiate a lower payoff to try and avoid credit report problems.  When the seller is unable to negotiate a short sale, next the bank would take the property t...
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By Robert A. Hulme, Home Listing Partner
(Home Buyer Realty Utah)
Utah County Homes Sold in Cedar Hills, Utah - 2010 Month Jan 2010 Units 1 Sales Volume $255,000.00 Avg. List Price $359,000.00 Avg. Sold Price $255,000.00     Sq. Ft. 3,676 Per Sq. Ft. $69.37       Feb 2010 1 $180,000.00 $180,900.00 $180,000.00   2,104 $85.55       Mar 2010 7 $2,010,000.00 $289,000.00 $239,000.00   3,836 $66.46       Apr 2010 8 $2,040,500.00 $280,950.00 $254,000.00   3,706 $68.77       May 2010 11 $2,743,122.00 $249,900.00 $230,900.00   3,224 $70.09       Jun 2010 11 $3,135,980.00 $314,900.00 $280,000.00   3,514 $80.22       Jul 2010 2 $436,000.00 $318,800.00 $218,000.00   2,256 $96.69       Aug 2010 9 $2,849,400.00 $300,000.00 $300,000.00   3,469 $85.71       Sep 2010 4 $1,046,900.00 $282,400.00 $261,000.00   3,100 $86.29       Oct 2010 4 $1,215,400.00 $297,450.00 $283...
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By Robert A. Hulme, Home Listing Partner
(Home Buyer Realty Utah)
Utah County Homes for Sale - Home Buyer Mistakes Well you have finally decided that it is time to stop renting and that you need to purchase a new home.  Be aware that is important to stay calm and think your way through the process; don't get so excited that you overlook a few very important steps. Failure to get pre-qualified before making an offer on a home: •         The very first step you need to take when considering the purchase a new home is that of interviewing and hiring a Mortgage Broker or Loan Officer.  Understanding how much you are qualified to purchase up front can save you a lot of time and frustration later on.  The pre-qualification letter is very important to the seller when it comes time to make offer on their home.  Taking the time to get pre-qualified gives you t...
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By Utah Real Estate Search Utah County Realtor, Home Listing Partner
(Home Buyer Realty Utah)
Utah County Homes for Sale - Home Buyer Agent As of 1994, the state of Utah authorized Buyer's Agency.  In Utah County, and throughout the state, buyers can choose an agent to work exclusively on their behalf.  Buyer agency benefits include: •         Buyer's agents are almost always paid out of the proceeds of the sale by the seller or builder, so we always recommend using a Realtor, as it will cost you nothing extra. •         Many people do not realize that it is advantageous to have an agent on a new home purchase as well.  I have gone to bat for my clients on a number of occasions when there were problems with home builders.  Salespeople who work for the builder are usually very ethical they are also employees of the builder and are bound by their relationship to their employer.  T...
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By Utah Real Estate Search Utah County Realtor, Home Listing Partner
(Home Buyer Realty Utah)
Utah County Homes for Sale - Offer Price Factors There are many factors to consider when you are trying to determine what price to offer for a new home.  Gathering and analyzing information form comparable sales helps to establish the range of prices you should consider.  More weight should be given to the most recent sales of like properties in the local area.  Other factors to consider include condition of the property, improvements, the current market, and the circumstances behind the seller's decision to sell. Search Utah MLS Listings - Utah's Finest MLS Home Search, Utah County's Exclusive Home Buyer Service - Utah Homes for SaleUtah County Real Estate - Utah's Finest MLS Home Search, Utah County's Exclusive Home Buyer Service - Utah County Real EstateUtah County Homes - Utah's Fin...
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By Utah Real Estate Search Utah County Realtor, Home Listing Partner
(Home Buyer Realty Utah)
Utah County Homes for Sale - Benefits of Buying a Home Buying a home is a very good investment. As a general rule, homes appreciate about five percent a year.  Some years will be more, some less.  The figure will vary from neighborhood to neighborhood, and region to region.  Five percent may not seem like that much at first.  Stocks, at times, appreciate much more, and you could earn over six percent with the safest investment of all, treasury bonds. Presumably, if you bought a $200,000 house, you did not pay cash for the home.  You got a mortgage, too.  Suppose you put as much as twenty percent down - that would be an investment of $40,000.  At an appreciation rate of 5% annually, a $200,000 home would increase in value $10,000 during the first year.  That means you earned $10,000 with...
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By Utah Real Estate Search Utah County Realtor, Home Listing Partner
(Home Buyer Realty Utah)
Utah County Homes for Sale - The Appraisal The Real Estate Appraisal is an important part of your home buying transaction.  The appraisal helps to establish what the property's market value actual is, in fact it would likely be the main tool in helping the seller establish the proper selling price. Lenders require an appraisal when the home is offered as security for a loan; they want to make sure that the property will sell for at least the amount of money it is lending.  Real estate agents often use a comparative market analysis (CMA), with an appraisal to help their home seller determine a realistic asking price for their home.  Many times, experienced real estate agents will come very close to an appraisal, but usually the appraisal is very detailed and is the only valuation lenders...
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By Robert A. Hulme, Home Listing Partner
(Home Buyer Realty Utah)
Utah County Real Estate - Loan Application and Documentation When it comes time to purchase new home, your first step in the purchase process is to get pre-qualified for your home loan.  Once you contact a Mortgage loan officer, he will ask you to fill out a Mortgage Loan Application (1003) and supply him with documentation.  The documentation required will vary, but generally you will supply the following: •·         Federal income tax statements and verification of any additional income •·         You're two most recent W2's •·         Current paycheck stubs •·         Recent bank statements Asset and liability information (stocks, bonds, other real estate, etc.) Search Utah MLS Listings Utah County Real Estate  Utah County Homes  Utah Homes For Sale  Provo Real Estate WS  Orem Real E...
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By Utah Real Estate Search Utah County Realtor, Home Listing Partner
(Home Buyer Realty Utah)
Utah County Homes for Sale - Earnest Money and the REPC The Real Estate Purchase Contract involves more than just price.  You will have to discuss personal property possession, rent, tests, inspections, closing dates and more.  The one term that throws most buyers, especially first time buyers is Earnest Money Deposit.  What is it?  Why do I need to pay it?  Why do I have to pay so much? Not the Down Payment Many buyers show up to write their offer and announce to their agent that they do not have to put an earnest money deposit because they are getting down payment assistance or 100 percent financing.  Communication is very important, it is not difficult to see where an inexperienced buyer would confuse one deposit for another, so do not feel bad if you, too, just learned something new...
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By Robert A. Hulme, Home Listing Partner
(Home Buyer Realty Utah)
Utah County Real Estate - Taking Possession The Real Estate transaction is considered "closed" once the deeds have been recorded with the County.  You then own the home.  However, it is not always possible for you to occupy it immediately.  It is customary to allow the seller up to a maximum of three days to turn over actual possession and keys to the home. When the transfer of possession actually occurs should be clearly laid out in your offer to purchase to prevent confusion later. Search Utah MLS Listings Utah County Real Estate  Utah County Homes  Utah Homes For Sale  Provo Real Estate WS  Orem Real Estate WS  Utah Homes 4 Sale  Alpine Real Estate  Alpine Real Estate  Cedar Hills Real Estate   Highland Real Estate  Eagle Mountain Real Estate   Springville Real Estate   Utah County R...
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By Utah Real Estate Search Utah County Realtor, Home Listing Partner
(Home Buyer Realty Utah)
Utah County Homes for Sale - Interest Rate vs. APR Many borrowers don't understand that there is a difference between the Mortgage Rate and the Annual Percentage Rate (APR).  The mortgage rate is the base rate usually associated with a mortgage.  The APR of a loan is supposed to be an overall interest rate with all the applicable closing costs factored in.  Unfortunately, not all lenders include the same costs so not all APR's are created equally.  Use the APR as a general guide to the overall cost of the loan but keep in mind that you have to look at the details of what's included to be sure. Search Utah MLS Listings Utah County Real Estate  Utah County Homes  Utah Homes For Sale  Provo Real Estate WS  Orem Real Estate WS  Utah Homes 4 Sale  Alpine Real Estate  Alpine Real Estate  Ceda...
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By Robert A. Hulme, Home Listing Partner
(Home Buyer Realty Utah)
Utah County Real Estate - Pre-Approval Buying your first home, maybe your second, well this can be a wonderful experience for you or this could be a disaster.  It all depends on how prepared you are when the process starts.  Your first step is getting Pre-Approved. Financing a home can be a difficult process for you, especially finding the right loan.  What you need to be concerned about is not getting the financing, but getting the right financing.  You will want to find the best terms at the lowest cost.  You will want to meet with a loan officer to review your financing options; you will need to meet with a lender who can explain all of the different types of loans that you will be able to afford as well as the program that will help you meet your goals.  Once you determine with the ...
Comments 1
By Robert A. Hulme, Home Listing Partner
(Home Buyer Realty Utah)
Utah County Real Estate - The Appraisal Process The Real Estate Appraisal is an important part of your home buying transaction.  The appraisal helps to establish what the property's market value actual is, in fact it would likely be the main tool in helping the seller establish the proper selling price. Lenders require an appraisal when the home is offered as security for a loan; they want to make sure that the property will sell for at least the amount of money it is lending.  Real estate agents often use a comparative market analysis (CMA), with an appraisal to help their home seller determine a realistic asking price for their home.  Many times, experienced real estate agents will come very close to an appraisal, but usually the appraisal is very detailed and is the only valuation le...
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By Mark Watterson, Utah Real Estate
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months. PRICE ACTION   Other good signs in addition to positive price action is lower DOM (days of the market), lower new listingsand higher percent of new listings being SOLD.   SUMMARY Has the Utah Real Estate Market bottomed? Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those investor with low and/or no risk tolerance to purchase.  Investors with a long term buy and hold strategic.  Opportunities are starting to make sense.  Contact your property resource specialist for information to make an inform...
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By Robert A. Hulme, Home Listing Partner
(Home Buyer Realty Utah)
Utah County Home Loans and Mortgages, Getting the Best Rate. As a Utah County Home Buyer, it only makes sense to try and get the lowest rate possible when obtaining a Home Loan.  After all, the rate is the primary factor in determining your house payment.  But how do you get a low rate when applying for a home loan?  This is the primary question that most home buyers want to know.  I would like to explain some important ideas that you need to keep in mind. Credit Score One of the primary factors in helping to determine your interest rate is your credit score and financial history.  In other words the best interest rates are usually reserved for those with the highest credit score.  So if you credit score is not very high the chance of getting a lower interest rate is not very good.  It ...
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By Mark Watterson, Utah Real Estate
We need Positive Price Action to confirm market bottom.  One month of price improve isn't sufficient to confirm the market bottom.  We need to see appreciation month over month for three months. PRICE ACTION   Other good signs in addition to positive price action is lower DOM (days of the market), lower new listings and higher percent of new listings being SOLD.    SUMMARY Currently we are not seeing the needed positive price action (along with other indicators) to confirm a market bottom.  This is NOT a good time for those with low and/or no risk tolerance to purchase.  High and medium risk tolerant investors are making buying decisions and are doing some bottom fishing.  Some are trying to time the market and market timing is risky.  Trying to time the bottom is not for the inexperien...
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