84125 : Real Estate Advice

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David Wilson, Real Estate Pro in West Jordan, UT
David Wilson answered:
I want to see comparable houses that has been sold
Hi Peter,
As a real estate professional, I can show you the best comparables for the home that you are interested in. Please feel free to call me or email me and I will be happy to fur ... more
0 votes Share Flag Tue Jun 17, 2014 Market Conditions in Salt Lake City
Rachel Kitte…, Real Estate Pro in Salt Lake City, UT
Rachel Kitterer answered:
where can I find information on properties that have been sold in the last six months in a specific area of Salt Lake City ?

You can talk to a real estate agent. They are the only ones that have access to the homes that have been sold, and for how much. Let me know if I can help you.

Thank ... more
0 votes Share Flag Sat Mar 31, 2012 Home Buying in Salt Lake City
Sally Grenier, Real Estate Pro in Longmont, CO
Sally Grenier answered:
What loan options are there for a 1st time home buyer with no credit history established yet? Will be working to establish, what options until then?
Unfortunately, there aren't any options. Any buyer NEEDS to have a good credit score & history. Even a co-signer situation won't work as BOTH need to qualify. Their best ... more
0 votes Share Flag Wed Apr 22, 2015 Home Buying in Salt Lake City
The Critchfi…, Real Estate Pro in Midvale, UT
The Critchfield Group answered:
I am looking to purchase rental properties in Nevada with an LLC. I live in Utah.
Nevada is super cheap. And it seems good now cause its newer homes that look nice but with their unemployment being so high and there foreclosures still sky rocketing some experts are s ... more
0 votes Share Flag Tue Feb 7, 2012 Rentals in 84102
Jaren Larsen,  in Lehi, UT
Jaren Larsen answered:
I have 'Stayed and Paid"on my home for 2 years after my bankruptcy. I've been pre-approved for a new loan on top of current. Can I buy?
Have you considered selling the current home instead of renting it? If you just
0 votes Share Flag Wed Feb 8, 2012 Home Buying in Salt Lake City
Tinab,  in Salt Lake City, UT
Tinab answered:
Financing the purchase of a house and the building of a garage.
You can use an FHA 203K loan to purchase the home and include the cost of building the garage in the loan.
0 votes Share Flag Fri Feb 3, 2012 Financing in 84102
Lara McHenry, Real Estate Pro in Spokane, WA
Lara McHenry answered:
Rather than asking for a lower price on a house, is it typical to ask for cash from the sellers proceeds for upgrades and needed repairs to the home?
You might want to speak with a lender about the FHA 203k loan program is the Department's primary program for the rehabilitation and repair of single family properties. Basically a ... more
0 votes Share Flag Fri Feb 3, 2012 Home Buying in 84102
Terry Farnsw…, Real Estate Pro in Lisle, IL
Terry Farnsworth answered:
Is there a way to find how much a home sold for?
DJ -

Absolutely. A good place to start is your local assessors office. Try an online search for the particular county, or township, where the property is located.

You can search ... more
0 votes Share Flag Mon May 21, 2012 Home Buying in Salt Lake City
Deborah Garv…, Real Estate Pro in San Diego, CA
Deborah Garvin answered:
My credit score was 680 on January 1. Made some purchases on credit card since. Today, freecreditreport.com shows 680 still. Will lenders see same?
The credit scores on many of the consumer based credit sites are not the same as used by lenders. I have seen fellow mortgage professionals refer to them at FAKE, as opposed to FICO, s ... more
0 votes Share Flag Fri Dec 28, 2012 Credit Score in Salt Lake City
Kristopher F…, Real Estate Pro in Salt Lake City, UT
Kristopher Furrow answered:
have house that late-husband took apart & i've been trying to repair. am living in ca now. what to do? should i continue or sell as-is?
Hello & Happy New Year Voyagerbh,
There are a few questions that will change the way I might answer this question, here are a few to start...

1) What is the extent of dis-repai ... more
0 votes Share Flag Tue May 20, 2014 Home Selling in 84106
Clint Carter, Real Estate Pro in Salt Lake City, UT
Clint Carter answered:
You may want to consider doing a short sale yourself, however you need to understand the potentially negative side effects of doing a short sale: your credit will be damaged, you may ha ... more
0 votes Share Flag Tue Dec 6, 2011 Home Selling in Salt Lake City
Adam Wills, Real Estate Pro in Kaysville, UT
Adam Wills answered:
Landlord is charging more rent to tenants renewing than the rate advertised on internet. Is this legal?
The only thing that matters is what is in your lease agreement
0 votes Share Flag Tue Sep 2, 2014 Rentals in Salt Lake City
W. Scott Ben…, Real Estate Pro in West Jordan, UT
W. Scott Bennett answered:
Who gives high LTV (Loan-to-value) Home Equity loan/Line of credit?
Call Jon Hasebi at 801.747.1244 this is his office# if it can be done, he can do it.
0 votes Share Flag Mon Dec 5, 2011 Financing in Salt Lake City
Micah Olson, Real Estate Pro in Orem, UT
Micah Olson answered:
I am a black american with small children. Would we be welcome there or would the police stop us for no reasona at all??
I live in the Salt Lake area. I am a white male so I may not have the best experience, but from my interaction with people of all races here in Utah I have felt that people living here ... more
0 votes Share Flag Tue May 22, 2012 Quality of Life in Westpointe
Phil Rotondo, Real Estate Pro in Melbourne, FL
Phil Rotondo answered:
I just need to find one more investor friendly realtor. Is that you? Please let me know.
Purchasing 8-10 mil in 2 years.
Listing and selling properties.
Leads which you can't handle.
0 votes Share Flag Tue Oct 25, 2011 Home Buying in Salt Lake City
Christopher…, Real Estate Pro in Methuen, MA
Christopher Lefebvre answered:
I am selling a condo which appraises at 84,000. I have an offer for 78,000. I owe 81,000. Is 78,000 too low or should I should just take it?
If you don't have the money to make up the difference in price on what you owe and the offer amount then you may be in a short sale situation. Perhaps you could counter offer and ... more
0 votes Share Flag Sat Aug 25, 2012 Home Selling in 84102
Micah Olson, Real Estate Pro in Orem, UT
Micah Olson answered:
Are lenders lending to individuals with H1B here in Utah? I know that they do in NJ and California. How is the real estate market looking in SLC?
I have not talked to a lender that cares what the Visa status is of a borrower. They normally just want to have established credit, and verifiable income.

I have some friends here o ... more
0 votes Share Flag Tue Aug 30, 2011 Financing in 84111
John Juarez, Real Estate Pro in Fremont, CA
John Juarez answered:
We have just recieved an approved price on a short sale we are interested in, but now the seller wants us to stay in the home 30 days after closing?!?
I suspect from the bad advice that you are getting that you are using the sellers agent as your agent. The advice of the agent is only benefitting the seller and is not in your best int ... more
0 votes Share Flag Wed Nov 30, 2011 Home Buying in Salt Lake City
Justin Handt, Real Estate Pro in Forest Lake, MN
Justin Handt answered:
Is $200 earnest money OK on a $200k offer?
the normal is 1percent of purchase price
0 votes Share Flag Thu Feb 2, 2012 Home Buying in Salt Lake City
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