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Draper : Real Estate Advice

  • All24
  • Local Info4
  • Home Buying5
  • Home Selling2
  • Market Conditions0

Activity 14
Fri Oct 21, 2016
Caroline.35 asked:
Recently closed on home with FHA loan. Had to pay for several inspections to satisfy FHA about the roof. Also received 2 estimates from roofers. $12000 in escrow to pay for roof repair and…
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Fri Dec 18, 2015
Steven Armstrong answered:
I really depends on how long you plan to live there and what you are trying to accomplish. Do you plan to stay in this home for long term then you would probably want a lower payment. this would fit in to your budget easier. If you are intending to build and then sell for investment then theo other way is to go. ... more
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Fri Apr 10, 2015
John Murphy asked:
Wed Apr 30, 2014
Dana Anghel answered:
While there are some assistance programs for first time home buyers, there really isn't a specific loan program. You will get either a conventional or government loan. If you're looking for something with no downpayment, it would have to be either a VA loan, or and FHA loan through Utah Housing Corp (which is a downpayment assistance program). With 3.5% down you can get an FHA loan, and with 5% down you can get a Conventional. USDA rural loans are also no downpayment loans, but Salt Lake will not be eligible - you will need to look for a property in an eligible rural area.
You can read more about different loan programs on my website, and contact me with your questions.
... more
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Fri Feb 7, 2014
Brian Summers answered:
K2 Realty Specializes in Real Estate in South Mountain and Suncrest in Draper. Almost all of our agents live in that area. I work a lot with investors and would love to help you out. is a great resource you can use to find homes. I also would be happy to do a search to find good investments to help you find a great deal! Feel free to contact me anytime! ... more
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Fri Apr 20, 2012
Justin Robins answered:
Are you still searching for a furnished place in Draper? You could try searching for what you are looking for. Hope this helps!
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Mon Nov 14, 2011
Justin Robins answered:
The two biggest questions I would ask are how many short sales have you listed & closed in the last two years? Do you have a team or attorney that handles the process? It definitely is not a one man show and the right agent needs the right systems in place to handle short sales.

Justin Robins
Cornerstone Real Estate
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Wed Apr 21, 2010
Kevin Muhlestein answered:
I just wrote a little about this area on my website, feel free to check it out and let me know if you have any additional questions that I can answer for you. Our brokerage does a lot of business in that area, and I would love to help in any way I can.
... more
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Mon Dec 14, 2009
Robynn Eccles The Eccles Group answered:
Obviously each home is different. My concern for you is that when dealing with a 1/2 completed home it only takes a matter of 2 weeks of being exposed to the elements before deterioration of the property begins even though you may not see any noticeable signs. Upon completion of the property walls may start to warp, floors will squeak, nails in drywall may pop, there can be cracks in drywall due to settling and bending. When looking at partially completed homes I advise my clients to buy based on the value of the land only if the structure has been exposed to the elements. If the exterior is complete and you're just talking about the interior requiring completion I'm happy to give you a free market analysis to give you a better idea as to what you should be willing to pay. I'd just need information on exact location, square footage, etc. You can contact me through my website attached below, email me at or reach me at 801.419.2681 ... more
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Mon Jul 20, 2009
Emily Erekuff answered:
Hi Big John,

Most of the street-level imagery shown on Trulia has been captured within the past year or two and when Google updates their imagery, the Street View display we show for listings should update automatically as well.

I'm afraid I wasn't able to locate the property at Eaglecrest Drive on our site to view the credit dated this year, but we'll be happy to take a look if you can provide more information to direct us to that property.

Please let us know if you have any other feedback or questions for us.

Thank you,

Emily Gibson
Community Moderator
... more
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Tue Jan 6, 2009
Cheryl Lyon answered:

Randy's suggestion to consult with a local reputable lender is perfect.

Jeremy Coccimiglio with Axiom Financial is located in Draper and knows this area. With a dozen years as a lender, he is well equipped to help guide you in your decision, as he has with my clients. He can be reached at 801.201.4500.

Cheryl Lyon, Associate Broker, GRI, ePRO
Coldwell Banker Residential Brokerage--Draper Utah
801.633.6855 (cell & text)
... more
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Thu Nov 13, 2008
Khayyam Jones answered:
when you purchase a home the bank/lender considers the purchase price (or the appraised value, which ever is less) as the value of your home. a 3% down payment means that the loan-to-value ratio is 97% as far as the bank is concerned. after 1 year you can refinance or have the property appraised and if your loan-to-value is less than 80% (greater than 20% equity) then you can get the pmi removed (conventional loan only, fha always requires pmi). ... more
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