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  • U.S. foreclosure filings surge 65 percent in April

    More U.S. homeowners fell behind on mortgage payments last month, driving the number of homes facing foreclosure up 65 percent versus the same month last year and contributing to a deepening slide in home values, a research company said Tuesday. Nationwide, 243,353 homes received at least one foreclosure-related filing in April, up 65 percent ...
    Posted to Salt Lake Real Estate Blog (Weblog) by 589145 on May 15, 2008
  • Home Remodel - Do I need a permit in Salt Lake City, UT

    We’re having our kitchen remodeled, and our contractor says a permit is not necessary since we are not changing the "footprint" of the house. However, a friend is having her kitchen remodeled and was told that a permit is required. I know each city, state, etc. has different requirements and I don't expect that you would know ...
    Posted to Salt Lake Real Estate Blog (Weblog) by 589145 on May 15, 2008
  • Keep the faith - The Big R Word

    I've invested in the stock market in the past and lost my shirt (and pants).  But Real Estate in the long run historically continues a steady increase.  I found the article about the Recession and wanted to share it with you. In the initial stages of a Recession (yes everywhere people are now referring to the “R” word) ...
    Posted to Salt Lake Real Estate Blog (Weblog) by 589145 on May 7, 2008
  • Foreclosure Solutions for Homeowners

    By: Scot Kenkel Do you remember when the iPhone first came out?  About a week before it hit store shelves, an on-line sports book published odds claiming that 1 in 20 shoppers would be trampled to death while trying to get one.  Coincidentally, those are also the odds in any given week that someone will be behind on their mortgage ...
    Posted to Salt Lake Real Estate Blog (Weblog) by 589145 on May 3, 2008
  • Review The Landscape Before You Buy Or Sell

      Spring is typically a good time for homeowners to start preparing to sell their homes because families interested in moving will often look now so that they can buy a home just in time for the kids to go on summer break. Landscaping and curb appeal are among the top areas that buyers notice first. In fact, some studies show that good ...
    Posted to Salt Lake Real Estate Blog (Weblog) by 589145 on May 2, 2008
  • How is the Seller's Credit Effected By a Shortsale?

       Sellers will take as big a hit on their credit by going through foreclosure as giving the lender a deed-in-lieu of foreclosure. Points lost on a FICO score are as follows: Foreclosure or Deed-in-Lieu of Foreclosure Both of these solutions affect credit the same. Sellers will take a hit of 200 to 300 points, depending on overall ...
    Posted to Salt Lake Real Estate Blog (Weblog) by 589145 on April 30, 2008
  • Existing Home Sales Slip In March

    Existing-home sales edged down in March, remaining within a narrow range of sales activity that has persisted since last September, according to the National Association of Realtors®. Existing-home sales – including single-family, townhomes, condominiums and co-ops – were down 2.0 percent to a seasonally adjusted annual rate1 of ...
    Posted to Salt Lake Real Estate Blog (Weblog) by 589145 on April 25, 2008