Conventional loans have limits on how large they can be. In Utah county, conventional loans go up to $510,400. In Salt Lake county, those limits are currently $600,000. If you want to purchase a home that is over this price range, you’d need what’s called a jumbo loan. Many people buy homes over that limit

There are many business models in the world of real estate, and if you’ve followed me for a while, you’ll know that commission rates aren’t fixed. Some real estate agents work with limited service brokerages, while others work for full service ones. What’s the difference? Limited services offer their services at a reduced commission rate,

Some new home buyers believe they don’t need a Realtor when building a new home, but the truth is, you want someone in your corner when making this large purchase and decision. WHY? First of all, you’ll get to see ALL the homes and styles on the market- and not just the homes from one

If you are looking to a buy a home in the near future, stop and ask yourself a few critical questions. First- where do you want to be? The old Realtor phrase ‘location, location, location!’ truly matters. Most people are willing to spend more money and compromise on the condition of a home in order

In January 2020, there were almost 25% fewer homes on the market than in January 2019- and yet 15% more homes were under contract. In fact, there has been a 30% increase in mortgage applications in January. WHY?? And WHAT DOES THIS MEAN?? I means that there are fewer homes on the market but more

If you owned a rental in Utah County in 2019, the newest law shakeups will affect you moving forward! Utah County started enforcing a new tax code that if you own a single family residence that you do not occupy, you will be charged 100% value of the home in your taxes instead of the

There has been a 30% increase in the number of mortgage applications in January of 2020. This means it’s a great time to sell, as there isn’t as much for buyers to look at but there are a lot of buyers shopping! Sometimes, while house shopping, a home will go under contract, but then fail

If you are thinking about buying a new home, please, please, PLEASE complete the following two steps before looking at homes. Meet with a lender and meet with a Realtor. It doesn’t matter which one you start with as long as you complete both meetings before home shopping. A lender will let you know if

Believe it or not, even as a Realtor, I DO tell people NOT to buy homes in some circumstances! Below are four scenarios when you should NOT buy a house! If you plan to move out of an area in the next few years, don’t buy a home- you may not get enough of a

  If you’ve looked into real estate markets before, you may have heard the terms ‘buyer’s market’ or ‘seller’s market’. In addition, there’s a balanced market, where the number of buyers and sellers is about the same, so neither party has the advantage. Where are we in Utah and Salt Lake counties in 2020? ALL