Sandy, Utah Market Report and Homes For Sale Recap

Sandy, Utah Market Report and Homes for sale recap.  Utah has so many great areas with a variety of amenities and opportunities. We moved to Utah from Washington State back in the fall of 2002.  I wished I would have known more about the area and all the cities and towns before relocating.  If you have a question about any of the towns/cities in my reports, please give me a call 801-580-5624

Sandy Utah

 

Currently Sandy, Utah has 307  single family homes for sale.  

  • Lowest Price:  125,000
  • Highest Price: 4.999 million
  • Smallest Loy .01
  • Largest lot with home 6.90 acres
  • Garage Parking: Smallest = no garage
  • Garage Parking Most Available spots: 14
  • Price/Sqft:  Highest:  $1420 per sqft foot for a cabin
  • Price/Sqft: Lowest:    $60 for a rambler short sale
  • Oldest Home for sale: 1925 bungalow
  • Smallest Home for sale: 432 sqft
  • Largest Home for sale: 18,065

There are 144 homes under contract which means there is an accepted offer between the buyers and sellers: it is still pending financing, appraisal and inspections in most cases.  (every situation is different and some have no contingencies while other will include additional contingencies not listed)

45 single family homes have sold in Sandy during the Month of January.  (Sold means the home has officially switched ownership, the loan /purchase has funded and recorded and is no longer under contract)

*2/9/2015*

 

Relocating to Utah? Give me a call:  801-580-5624 I would love to help….

Want to know what your home is worth? Call me I’m here to help! 801-580-5624

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Beautiful Home with 3 car garage for sale in Saratoga Springs, UT 801-580-5624

Beautiful home with 3 car garage located in Saratoga Springs Utah is now for sale. This gorgeous home is located across from a park with walking trails.  Great views.  Beautiful home, well taken care of.  Also features double RV parking!  Need space this home has it, need storage??? it has that too… you won’t be disappointed, call for an appointment 801-580-5624

 

 

 

$285,000
Single Family Home
Main Features
3 Bedrooms
2 Bathrooms
Interior: 2,702 sqft
Lot: 0.25 acre(s)
Location
1852 Harvest Moon
Saratoga Springs, UT 84043
USA

Kim Boekholder Kim Boekholder

Results Real Estate, LLC
(801) 5805624
kim@ResultsRealEstateUtah.com
http://www.kimshomesforsale.com       

Listed by: Results Real Estate

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Nearby properties for sale

 

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Why all buyers need a buyers agent representing them and their goals

What does a buyers agent do and why do I need one

What to expect when you hire me as your buyer broker.  I certainly do more than just open doors and drive

buyer broker juggling all the detailsaround.  A lot of people do not realize that as a buyers agent you are really juggling a lot of balls in the air to coordinate, negotiate and bring the deal to a close.

My fiduciary duty is to look out for the buyer.  Buyers need to realize that they are the ones who benefit from hiring a buyers agent to represent them.  The listing agent has the fiduciary duty to the seller, not the buyer.  Remember the old saying, buyer beware…… (always have an agent represent you and only you)
 

Below is a very brief overview of my major steps during a home purchase.  As we all know each and every transaction is different and no two buyers, sellers or homes have the same issues.  There is no way to put a complete list together without it looking like the action booksI used to read in about4th grade: you remember the books that you had options on all the way thru,,,, if you want to open this door go to page 53 if not continue reading… you get my point.

 

Overview of Steps Necessary in 99% of the transactions:

  • Initial interview to find out more about buyers situation
  • buyers must get a preapproval and meet with lender
  • once you have a preapproval letter we go over letter the letter and conditions
  • Review of initial buyer interview, review of what you are looking for and why you are moving.  check to see if anything has changed since meeting with the lender
  • types of homes available (HUD, short sales, foreclosures, fsbo etc)
  • types of sellers (short sales, foreclosures, HUD, FSBO, etc)
  • how fast the market is moving based on what your looking for and qualify for
  • a brief overview of the forms and what to expect paperwork wise
  • paperwork sent over email, or delivered to buyer recapping again what to expect, the process of buying a home, the do’s and don’t when it comes to buying a home these get initialed and added to my file
  • search for homes, not only on MLS but zillow, fsbo sites, local papers, nod’s: schedule appointments and research any initial red flags
  • farming for additional homes if inventory is low
  • viewing of homes
  • cma of home you want to purchase
  • sit down and explain in detail the legal documents you are signing and what they involve
  • negotiate offer

once under contract

  • order title work
  • contact lender
  • constant contact with all parties regarding deadlines and legal items
  • home inspector and due diligence items
  • attend inspection
  • meet to go over report
  • negotiate
  • keep in constant contact with lender about deadlines and issues
  • appraisal issues if any
  • walk thru
  • settlement
  • possession details

My goal is to help the buyer achieve their dream and to eliminate any unnessary stress and drama.  As a neutral party i am able to step away and look at the process thru what legally can and can not happen. Realtors are able to do this without the high level emotion of a buyer or seller may bring if they were dealing directly with one another. Selling and Purchasing Real Estate is one of the biggest /stressful investments many of us will ever do in our lifetime.  It is a legally binding agreement and a lot more complicated than the DIY networks make it seem.  Always consult a professional when selling or purchasing real estate.

 

***I’m thinking I should print this and keep it with me the next time I have someone ask me what I do for my money.

 

 

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Salt Lake Parade of Homes 2012

Salt Lake Parade of Homes 2012 featuring homes from 177,000 to multi-million dollar estates.  The Salt Lake Parade of homes has teamed up again with the Make-A-Wish Foundation you will see rooms decorated to support this partnership featured in showcased homes.  This year the parade has a new feature called Parade Craze, its a smart phone app to help all attendees keep track of all the homes they have seen.  Some of the other cool additions to this years parade are:

 

*a historic home restoration

*a blogger inspired home

*a home built by the CTEC program (Canyons School District Students )

Looking for a home in Salt Lake view all homes available at SaltLakeAreaHomeSearch.com

 

Tickets can be purchased at participating                                                         

RC Willey Locations ($10)

Daybreak Glass House ($15)

Parade and Model Homes ($15)

Salt Lake Home Builders Association office ($15)

or online at www.SaltLakeParade.com  right now they are running a special for $12 tickets!

 

 

August 3-18th, 2012

Daily 12pm – 9 pm

***some models may be closed on Sundays**

www.SaltLakeParade.com

 

See ya there! 

p.s. if you are interested in buying a home whether its a new construction or not, please notify your Realtor before attending the parade.  If you don’t have a Realtor, let me know I’d love to help you out. For all the potential / soon to be sellers out there, we need your inventory.  You may be surprised to find out what your home is actually worth right now.  Call me for more details about anything real estate.

 

 

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Neptune Park in Saratoga Springs, Opens Today


SARATOGA SPRINGS, Utah – 30 minutes from downtown salt lake and only minutes from my listing in Eagle Mountain!  1853 Sunrise Drive.  

What an amazing structure and park.  Its called Neptune Park located at 452 W 400 North in Saratoga Springs, Utah

The park officials have been quoted as saying “We made a deliberate effort to include play equipment that would encourage unstructured play, pique children’s curiosity and imagination, and tempt adults to join kids in the fun,” says City Manager Mark Christensen. “We are very proud of the work that has gone into creating this park and see it benefiting the generations to come.”

The park officially opens TODAY at 3:30 (right after school)


Interested? Want to look for homes in this area? GIve me a call 801.580.5624


*photo compliments of Utah News

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The Local Salt Lake Market Has Exploded With Buyers

The local market has exploded with buyers.  They are everywhere and they are bidding on everything.  A traditional seller who prices their home correctly will surely have multiple offers.  My buyers have been in multiple offer situations from the price range of 60,000 all the way up to $400,000.

Below are this weeks quotes:

“Forget it, there are even multiple offers on homes that need to be knocked down.  I’m done looking until more homes become available to look at.”

“ I’m taking a break.  I can’t compete, I can only offer what I can afford.  I will never beat out people who are paying cash.”

“Do I have to submit an offer before I even see the home?”

“I don’t want to see anymore short sale, foreclosure or HUD homes.”  I’m sick of the bidding process, multiple offers and being the first offer but the agent holding the offer until there is a multiple offer situation.”

“Find me a traditional seller or I won’t go see homes until you do.”

“How are there multiple offers, its a new listing today and I haven’t even finished my three s’s for the day?”

Sellers, if you have been considering selling your home or had it for sale in the past and took it off the market, now is the time to seriously reconsider.

WE NEED YOUR HOMES ON THE MARKET.


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Buyers need more homes to choose from, Call me to sell your home 8015805624

buyers are running out of options, they need more good homes to choose from. If you are a seller, nows the time. Call me to get your home on the market.
8015805624

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15 Benefits of Working With A Buyers Representative

  1. Locating suitable properties
  2. Previewing Properties
  3. Verifying the properties condition
  4. suggesting necessary inspections by experts
  5. Helping buyers determine what they can afford based on Lender Preapproval
  6. Verifying property taxes and utilities
  7. Verifying the value of the property
  8. Advising clients on structuring an offer
  9. Presenting the offer to the sellers representatives
  10. Negotiating favorable contract terms for the buyer
  11. Explaining Legal documents needed for closing and helping secure them
  12. Assisting in securing financing, consulting with the lender
  13. Assisting buyers and their attorney in clarifying title, zoning, building codes and access easements
  14. Referring them to qualified vendors
  15. Analyzing the future salability of the property

A Buyers Agent needs to have perserverance and great negotiating skills.

Like to know what your Salt Lake County Real Estate home would sell for?  Call 801.580.5624

Want to find a home: Free home search:  http://SaltLakeAreaHomeSearch.com

Kim Boekholder

Broker, Results Real Estate

ps. Procrastination keeps more people from ever reaching their dreams than anything else.

 

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Understanding Agency: Why You Need Your Own Agent To Represent You and Your Needs

It’s important to understand what legal responsibilities your real estate salesperson has to you and to other parties in the transactions.  Ask your salesperson to explain what type of agency relationship you have.

Seller Agent: (Listing Agent) A real estate licensee who Is hired to represent the seller.  All fiduciary duties are owed to the seller.  (buyers pay close attention that it is not in your best interest to have the Seller/Listing agent represent you)

Buyers Agent:  A real estate licensee who is hired by the prospective buyer to represent them in a real estate transaction.  The buyer’s representative works in the buyer’s best interest throughout the transaction and owes fiduciary duties to the buyer.  The buyer can pay the licensee directly through a negotiated fee, or the buyer’s rep may be paid by the seller or by a commission split with the listing broker.

Disclosed Dual Agent:  Dual agency is a relationship in which the brokerage firm and/or the selling agent represents both the buyer and the seller in the same real estate transaction.  Dual Agency relationships do not carry with them all the traditional fiduciary duties to the clients.  Dual agents owe limited fiduciary duties because of the potential for conflicts of interest in a dual agency relationship it is vital that all parties give their informed consent.  This must be in writing.  Both sellers and buyers must sign and acknowledge the dual relationship.

Designated Agent: This situation occurs when a broker designates which licensees will act as an agent of the seller or buyer.

 

 

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How Do We Transfer Property

Transfer:  A transfer in writing is called a conveyance

Conveyance: Embraces every instrument in writing by which any estate or interest in real property is created, alienated, mortgaged or encumbered or by which the title to any real property may be affected, accept wills.

Estate:  An estate in real property can be transferred only by operation of law, or by an instrument in writing, subsribed to by the party disposing of the same, or by his agent authorized in writing.

 

Most transfers of real property are made by voluntary conveyances.  The two most commonly used in Utah are Warranty Deeds and Quit Claim Deeds:

Warranty Deed: Convey and warrant.  Tranfers all of the title of the grantor then owned, and any after acquired title of the Grantor to the Grantee.

The warranty deed contains the following convenants from the Grantor to the Grantee:

  1. The Grantor has lawful ownership of the property
  2. The Grantor has good right to convey the same
  3. The Grantor guarantees the Grantee quiet enjoyment or possession
  4. The property is free and clear of encumbrances, expect as noted in the instrument
  5. The Grantor will defend the title therof in the Grantee against lawful claims

Warranty Deeds are commonly used to transfer title from seller to buyer

Quit Claim Deed:   A deed which transfers only the interest the Grantor has at the time of conveyance was executed and contains no warranties, express or implied.  Quit Claim Deed are commonly used to modify or correct vesting, and to add or delete a party to the real property.

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