Alan Barker

I'm a:	Real Estate Professional
Company:	Cornerstone Real Estate Professionals
Location:	Logan
Web sites:	Utah Real Estate Market Conditions Blog
	Logan Homes for Sale
	Logan Utah Real Estate
	Cornerstone Real Estate
	Logan Real Estate Blog
Phone:	(435) 881-0277

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About Me

I've been a real estate agent in Cache Valley for three years and have worked with hundreds of buyers and sellers to help them locate the ideal property.

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Alan Barker's Answers (4)

how do forclosures work?

Asked Tue Jun 3 2008, 16:10 by Tony - Utah - Foreclosure - 4 answers

Alan Barker answered:

Foreclosure is a process, not a house. There are lots of different stages where foreclosure homes can be purchased. Here is a good resource to help you understand a little more about foreclosures and the process, and when you can buy them.... - Sat Jun 28 2008, 15:08

If I wanted to make any kind of a profit after one year, where should I buy a house in Salt Lake County

Asked Wed Feb 6 2008, 11:37 by Leola - Salt Lake County - Home Buying - 5 answers

Alan Barker answered:

What you want to do is buy when interest rates are dirt cheap. A few weeks ago, 5-1 arms could be picked up for 4.125%. Now if you bought a $200,000 house at 6.25% interest rate you'd have a payment of $1,231. If you bought a $250,000 house at 4.125% interest your payment would be just $1,211. I don't know if 5-1 arms will go that low again, but 15 year fixed loans are seeing interest rates at close to 5%.

If you're looking for a deal and plan to stay in your house for a few years, watch the interest rates. If you're looking to buy now and sell in a year. You're probably better off renting. - Tue Apr 1 2008, 14:30

where do i look for goverment tax foreclosures in salt lake city utah?

Asked Thu Nov 29 2007, 18:44 by Maria Figuer… - Rose Park - Foreclosure - 5 answers

Alan Barker answered:

Unfortunately you are never going to find government tax sales where you can get properties for "pennies on the dollar, with no money down." Many of the "Real Estate Investment Seminars" are flat out scams. It's true that foreclosures can be good sources for real estate deals, but when something seems to good to be true, it is. Do you really think that the government would sell a property they new was worth $150,000 for $900? Not a chance. - Tue Apr 1 2008, 14:19

I am a buyer lurking on the sidelines as many of us are right now, trying to time the market. I want to know

Asked Wed Jan 9 2008, 15:18 by Liz - Salt Lake City - Home Buying - 16 answers

Alan Barker answered:

The average price of homes in Salt Lake will be less than the average list price of homes on the market, but that doesn't mean that all homes for sale are going to be dropping their prices. Most moderate and low end homes will sell near their list price. The market for these properties is still good. I would say pay attention to interest rates, they are drastically changing every week, and buy when you find a house you like. If you're in the market for a high end home, make really low offers. Many of those homes won't be selling for a very very long time. - Tue Apr 1 2008, 14:02

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