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Salt Lake City : Real Estate Advice

  • All238
  • Local Info31
  • Home Buying75
  • Home Selling14
  • Market Conditions8

Activity 133
Tue Nov 19, 2013
Daniel Walker answered:
Are you still interested in selling? Perhaps it's time again to have a real estate professional evaluate your home for value and marketability?

We are as close to being in a full blown sellers market as we have been in years. Feel free to contact me for a market evaluation. No pressure, just the facts. ... more
0 votes 4 answers Share Flag
Mon Nov 26, 2012
Annette Lawrence answered:
Sat Aug 25, 2012
Scott Godzyk answered:
When you list with a licensed agent or broker you simply ask tehm to post it here in Trulia. You can not list your home here if it is for sale by owner.
0 votes 7 answers Share Flag
Sat Jul 14, 2012
jackie answered:
If I have a co-buyer with a great credit rating and a large down of about 40% ?
0 votes 4 answers Share Flag
Mon Aug 19, 2013
Justin Critchfield & The CritchfieldGroup answered:
Yeah for sure! You made need some additional documentation for obtaining a loan. But there are lots of foreigners buying.
You can search for properties on my website.

Justin Critchfield
... more
0 votes 7 answers Share Flag
Sat Jun 2, 2012
Marci Ontiveros asked:
I am currently in the works of closing on a home. I obtained pre-approval through the underwriters, went into contract on a great home, and am now waiting for the final stages. We have ...
0 votes 0 Answers Share Flag
Sun Jun 10, 2012
Don Tepper answered:
Sounds like a scam. However, I DID Google that search and the only thing that came up was your question. Nothing else exists.
0 votes 10 answers Share Flag
Thu May 24, 2012
Jake Breen answered:
Agents do use a cancelation for that states where the earnest money gets released and to whom. However the repc (if you used the Utah state form) does state that the buyer can cancel in
0 votes 3 answers Share Flag
Mon Apr 28, 2014
Real Investor answered:
Also, where is useful place to find out what a fair rent would be in that area?
0 votes 4 answers Share Flag
Tue Jul 3, 2012
Justin Critchfield & The CritchfieldGroup answered:
You can find Property Management co's that only charge the 8-10% and no finder fee's.
Also another way to save is to find a property that has better rents. I know places in slc that you can buy for 100k or less and rent it out for $1,000-1,100 a month. Let me know if you are interested.

Justin Critchfield
... more
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Sat May 19, 2012
Rich Homer answered:
Bottom line the GRM should pencil. And it should now. Nothing penciled in 2005. But engage a local Realtor for help here
0 votes 1 answer Share Flag
Thu Jul 26, 2012
Suzanne MacDowell answered:
The cost of PMI just went up significantly, so, yes you are going to pay a lot more than your friend. However, the only way to avoid it is to pay 20% down. So, save your money and put down 3.5%. You'll pay the PMI either way. ... more
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Mon Feb 9, 2015
Micah Olson answered:
It will probably depend on your circumstances but I can tell you approximately what I pay. All of these insurance types are influenced greatly by various factors (types of cars, size of home, health conditions, etc...) You may want to call an agent just to get some specifics.

Auto Insurance - I have a 2002 Expedition, and a 2009 Corolla. I pay just under $90 per month for auto. That is for pretty high coverage, with low deductibles.

Home - I THINK I pay about $40 per month for home. It is about 3,700 SQ Ft, built just before 1980.

Health - My wife and I are both in VERY good health. We do not have maternity coverage. We have a plan through Humana that is kind of a hybrid major medical / regular coverage. We can go to a doctor 6 times a year each with no deductible, and after that we pay a certain annual amount (maybe $5,000), but hospitalization is capped at $2,000... Something like that. We pat just under $200 per month.
... more
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Wed May 28, 2014
Sandy Straley answered:
The property tax is based on the location and size of the home. You can pay $2200 a year property tax for a small home in Salt Lake City area, the same amount for a slightly larger home in the Millcreek area, the same amount for a home in Sandy and around $1900 for a home in West Valley & Magna. This of course depends on the square footage of the home and lot size. For a family of two, electrical bills average $40.00 per month, gas bills average the same - higher in the winter months and lower in the summer. The water bills there again depends on the city you live in -- Salt Lake city has a tendency to be higher with their water and sewer bills compared to Salt Lake County, West Valley and Magna. ... more
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Wed Feb 15, 2017
Clay Rockwood answered:
Thats a hard question to answer as it varies by location within Salt Lake but here is a ball park answer. Property taxes will be anywhere from $1,500 to $2,500 annually depending on the price of the home. Electric bill will be $50-$100 per month based on size of house, Water bill will be $50-$150 based of time of year and how much water will be used for landscaping etc. Gas bill can be $50-$200 depending upon the efficiency of the home and the heating element. Winter months will require higher gas bills but lower water and electrical costs, summer months will be lower gas bill but higher water and electrical. I would plan at least a total utility bill of $150-$300 a month. ... more
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Tue Feb 24, 2015
Alain Picard answered:
If you are relying on a lenders financing then you should include a financing contingency if it's not already in you purchase contract. You should also include a home inspection addendum. ... more
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Mon Apr 30, 2012
Nancy S Watkins answered:
For a non short sale home generally 4-5 days for Seller Disclosures. Many time this form is completed at the time of listing. Due dliigence 2 weeks from offer acceptance unless you know of a reason you might need to do more than a home inspection. Financing and Appraisal 3-4 weeks. If you are pre-approved the process should move quickly. If not it may take a little longer. Also it depends on what type of loan you are getting. Your lender can give you an idea of what they'd like to see. From that closing can we done within a week. Your closing date may depend on how much money you want to bring to close - less if it's at month end and more if it's the beginning of the month to cover your upfront mortgage interest. ... more
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Mon Apr 30, 2012
When you are buying your home, get a referral to a Local Mortgage Banker.

Mortgage Bankers in your community will provide you with a much higher quality of service and financing options than any "Big Bank." Local Mortgage Bankers have long been the source of excellent financing options for homebuyers. Further, Loan Originators who work at Mortgage Banks are LICENSED whereas Loan Originators who work for the "Big Banks" are only REGISTERED. There's a BIG difference.

Sit down face to face with your Mortgage Banker to be thoroughly prequalified. The Mortgage Banker will review all facets of your loan request to answer your questions with regards to the types of loans and maximum loan amounts you could qualify for.

Consumers have been led to believe---thanks to huge advertising budgets with the BIG BANKS---that they should go to their bank for a mortgage loan. This is the WORST place to get assistance with the BIGGEST PURCHASE of your life! These BIG BANKS are basically BIG CORPORATIONS. You're a number, at best. With a Local Mortgage Banker you will be treated like a friend and a client for life. You can't imagine the high quality of personalized service you will receive from a Mortgage Banker until you try.

As to price---rate and fees---competitive if not better than the BIG BANKS.

You can verify the License of any Licensed Mortgage Loan Originator at

Trevor Curran
NMLS #40140
... more
0 votes 3 answers Share Flag
Sun Apr 29, 2012
Dave answered:
The catch is those rates are good for that particular purchase price ($300,000) with 20% down and 720+ FICO. If you fit that one scenario, you are good...but as soon as you have a lower purchase price, down payment or FICO, they will quickly change your rate and APR. Give me a call and I would be more than happy to give you a quote without the trickery.

Dave Bath
Axiom Financial
... more
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