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محتوای ارائه شده توسط Justin Udy. تمام محتوای پادکست شامل قسمتها، گرافیکها و توضیحات پادکست مستقیماً توسط Justin Udy یا شریک پلتفرم پادکست آنها آپلود و ارائه میشوند. اگر فکر میکنید شخصی بدون اجازه شما از اثر دارای حق نسخهبرداری شما استفاده میکند، میتوانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
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Squid Game is back, and so is Player 456. In the gripping Season 2 premiere, Player 456 returns with a vengeance, leading a covert manhunt for the Recruiter. Hosts Phil Yu and Kiera Please dive into Gi-hun’s transformation from victim to vigilante, the Recruiter’s twisted philosophy on fairness, and the dark experiments that continue to haunt the Squid Game. Plus, we touch on the new characters, the enduring trauma of old ones, and Phil and Kiera go head-to-head in a game of Ddakjji. Finally, our resident mortician, Lauren Bowser is back to drop more truth bombs on all things death. SPOILER ALERT! Make sure you watch Squid Game Season 2 Episode 1 before listening on. Let the new games begin! IG - @SquidGameNetflix X (f.k.a. Twitter) - @SquidGame Check out more from Phil Yu @angryasianman , Kiera Please @kieraplease and Lauren Bowser @thebitchinmortician on IG Listen to more from Netflix Podcasts . Squid Game: The Official Podcast is produced by Netflix and The Mash-Up Americans.…
What Can You Expect From a Home Inspection?
Manage episode 197151886 series 1326696
محتوای ارائه شده توسط Justin Udy. تمام محتوای پادکست شامل قسمتها، گرافیکها و توضیحات پادکست مستقیماً توسط Justin Udy یا شریک پلتفرم پادکست آنها آپلود و ارائه میشوند. اگر فکر میکنید شخصی بدون اجازه شما از اثر دارای حق نسخهبرداری شما استفاده میکند، میتوانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
Today, I’ll be going over what you should expect from the home inspection process.
Selling your Salt Lake City home? Get a free home value report
Buying a Salt Lake City home? Search all homes for sale
What should you expect during an inspection? First of all, there are three general types of inspections: a surface inspection, an in-depth inspection, and a professional inspection. A surface inspection is a basic walkthrough of the home. When this kind of inspection is performed, the inspector is looking for anything that might interfere with the property in terms of safety or stability. Things like burn marks, mold, or other physical identifiers of poor condition. Surface inspections are only done about 10% of the time. Frankly, these kinds of inspections miss quite a few things, since they aren’t conducted by a professional home inspector.
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A home inspector is going to find something wrong, even if the home is a new construction.
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This is why we recommend an in-depth inspection. A home inspector is going to find something wrong even if the home is a new construction. Inspectors, like attorneys, will always find an issue. They have been hired to do so. When buyers and sellers negotiate the issues found in an in-depth home inspection, they will pay the most attention to safety and maintenance issues. It will depend on the individual transaction as to what fixes the buyer asks the seller to make or whether they ask them to make any repairs at all. If the issues that are significant or specific enough, it may be time to hire a specialized professional to take a look. Using the example of a home with electrical problems, you may want to have an additional inspection performed by an electrician. Any repairs that need to be made will typically be done within the due diligence period before closing. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.
23 قسمت
Manage episode 197151886 series 1326696
محتوای ارائه شده توسط Justin Udy. تمام محتوای پادکست شامل قسمتها، گرافیکها و توضیحات پادکست مستقیماً توسط Justin Udy یا شریک پلتفرم پادکست آنها آپلود و ارائه میشوند. اگر فکر میکنید شخصی بدون اجازه شما از اثر دارای حق نسخهبرداری شما استفاده میکند، میتوانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
Today, I’ll be going over what you should expect from the home inspection process.
Selling your Salt Lake City home? Get a free home value report
Buying a Salt Lake City home? Search all homes for sale
What should you expect during an inspection? First of all, there are three general types of inspections: a surface inspection, an in-depth inspection, and a professional inspection. A surface inspection is a basic walkthrough of the home. When this kind of inspection is performed, the inspector is looking for anything that might interfere with the property in terms of safety or stability. Things like burn marks, mold, or other physical identifiers of poor condition. Surface inspections are only done about 10% of the time. Frankly, these kinds of inspections miss quite a few things, since they aren’t conducted by a professional home inspector.
“
”
A home inspector is going to find something wrong, even if the home is a new construction.
”
This is why we recommend an in-depth inspection. A home inspector is going to find something wrong even if the home is a new construction. Inspectors, like attorneys, will always find an issue. They have been hired to do so. When buyers and sellers negotiate the issues found in an in-depth home inspection, they will pay the most attention to safety and maintenance issues. It will depend on the individual transaction as to what fixes the buyer asks the seller to make or whether they ask them to make any repairs at all. If the issues that are significant or specific enough, it may be time to hire a specialized professional to take a look. Using the example of a home with electrical problems, you may want to have an additional inspection performed by an electrician. Any repairs that need to be made will typically be done within the due diligence period before closing. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.
23 قسمت
همه قسمت ها
×Our area suffers from a winter inversion, but there are a few tips you can follow to protect yourself from it. Selling your Salt Lake City home? Get a free home value report Buying a Salt Lake City home? Search all homes for sale If you’re feeling the effects of the winter inversion in our area, I have a few tips to share with you that will help you feel better and keep your family safe. First, let’s recap what the winter inversion is. You see, air quality is often best in the wintertime when the weather works to clean the air, trapping ozone and other pollutants in precipitation or blowing them off with sharp, gusty winds. As the inversion goes on, this trapped air begins to stagnate, and the concentration of fine particle pollutants in the air, emitted by the consumption of fossil fuels in vehicles, power plants, and factories, increases. An extended period of inversion sometimes results in the formation of a brownish fog. The first thing you can do to minimize the effects of the winter inversion is visit www.air.utah.gov to check the air quality in your area on any given day. “ If you can physically feel the air affecting you in your day-to-day life, invest in an air purifier for your household. ” Second, if you’re like me and you prefer to exercise outside, try doing it during hours with low traffic activity. You can also exercise in high-altitude areas above the fog. There are several tips you can try that will also help the environment at large, including: Not burning trash Recycling Carpooling Turning off your car when you’re waiting to pick up your kids from school Lastly, if you can physically feel the air affecting you in your day-to-day life, invest in an air purifier for your household. My family did this, and although it was expensive, it’s made a big difference for us. If you have any more questions about this topic, don’t hesitate to reach out to me. I’d be glad to help you.…
Make 2019 your best year yet by setting and reaching your goals. Selling your Salt Lake City home? Get a free home value report Buying a Salt Lake City home? Search all homes for sale 2018 is quickly coming to an end, and next year will be here before we know it. We want to wish you a happy new year, and we hope midnight on the 31st kicks off a great 2019 for you and your loved ones. Now’s the time where people start to think about what they want to change in their lives throughout the coming year, and I’d like to help everyone do so. One of my favorite recently discovered quotes comes from G.K. Chesterton, who said, “When it comes to life, the critical thing is whether you take things for granted or take them with gratitude.” “ We can put ourselves in a place where we can bless the lives of others. ” We’re so fortunate to be where we are, but we also need to have goals so we can put ourselves in a place where we can bless the lives of others. To do this, we need to improve. Here are a few things that have worked for me when it comes to self-improvement: I write down my goals. Along with my children, I come up with things I want to accomplish in the future. After some decoration, we put up our lists and are able to keep track of our progress throughout the year. I make SMART goals. This acronym is about how to structure your goals and stands for specific, measurable, achievable, relevant, and time-bound. Following these criteria will ensure that you reach the goals you wish to accomplish. I would also like to share Tony Robbins’ rapid planning method with you. What is the item that you’re looking for? What is the purpose? What are the actions you can take today? I hope some of these methods can help you accomplish your own goals in 2019. If you have any questions or real estate needs I can help you with, reach out to me. Until then, have a great new year! I look forward to hearing from you.…
Our market is undergoing a bit of a shift, but this is normal and nothing to be alarmed about. Selling your Salt Lake City home? Get a free home value report Buying a Salt Lake City home? Search all homes for sale For the past several years, we’ve seen our real estate market go up and up and up, but lately, things have cooled off a bit. Prices are softening—not as many buyers are inquiring about our listings, and we’re not seeing as many showings happening. The good news is that this is nothing to worry about. The housing market goes in cycles that typically last seven to 10 years. When interest rates rise and prices go up, these factors essentially make the housing market adjust. “ Unlike other parts of the country, our job rate isn’t going down, and we still have a lot of people moving here. ” In our case, it’s not a housing availability issue—it’s an affordability issue. Home prices and interest rates have risen so quickly that it’s made homes unaffordable for many people. We’ve also heard new construction builders say they won’t be building as many homes above $500,000. Our local economy, however, is still doing fantastic. Unlike other parts of the country, our job rate isn’t going down, and we still have a lot of people moving here. This shift is nothing to be scared of, but it’s still something to keep in mind moving forward. If you have any more questions about our Salt Lake City market or you’re thinking of buying or selling a home, don’t hesitate to reach out to me. I’d love to help you.…
Considering investing in property? Here are four things to keep in mind. Selling your Salt Lake City home? Get a free home value report Buying a Salt Lake City home? Search all homes for sale How do we know when a property is a good investment deal? There are four major things we need to look at to before we decide to buy: 1. Pricing. Is the property price in line with the market, as well as features of the home? We need to pull values and look at criteria, such as curb appeal, bathrooms, and amenities. We want the price to make sense with what we’re getting. 2. Features and benefits. You need to decide if it’s worth paying potentially tens of thousands more for a good view or a pool. Is there an exit strategy for us if we need out? These are things to keep in mind. “ We want the price to make sense with what we’re getting. ” 3. Location. Sometimes the best deals aren’t actually places we ourselves would want to live. We have to think of it from the perspective of, “Could I see myself living here? Would I want to stay here for years? Would I be happy here long term?” 4. Condition. You may love a property, but it could become a money pit if it’s in bad condition. We purchased an investment property and had to renovate it for $250,000. With properties such as this, it doesn’t matter what the details, location, and benefits are— a place in bad condition needs a long, hard look. If you have any questions, need information, or have video topics you’d like covered in the future, we’d love to help you out. Please call, email, or message us; we look forward to hearing from you.…
There are five primary reasons why fall presents a great opportunity to sell your home quickly and for top dollar. Selling your Salt Lake City home? Get a free home value report Buying a Salt Lake City home? Search all homes for sale Here are the top five reasons the fall is actually a great time to sell your home. First, there’s less competition on the market. During this time, a lot of other home sellers end up taking their homes off the market because their kids are busy with school, they have work obligations, or selling at the end of the year just doesn’t make sense for them. Second, buyers are more motivated to buy. They want to get into a home before the holidays arrive or before the end of the year. It’s possible that some have been searching since the summer, and they’re ready to become homeowners now. “ During this time, a lot of other home sellers end up taking their homes off the market. ” Third, interest rates are still phenomenal. Interest rates have adjusted, and sometimes when that happens, affordability becomes an issue. If you sell now, though, you can still lock a buyer into a low rate. Fourth, homes show beautifully during the fall. 92% of all buyers start their home search online, and 64% will pay more for a home that looks move-in ready. This is why a lot of folks who plan on putting their home on the market in December or January are taking photos of it now. Lastly, it’s a lot easier to move now than when there’s snow on the ground. If you’d like to put your home on the market now or you have any questions about our market, don’t hesitate to reach out to me. I’d love to help you.…
Are you thinking of selling your home or investing in real estate? My recent Facebook Live interview discusses both of these topics in depth. Selling your Salt Lake City home? Get a free home value report Buying a Salt Lake City home? Search all homes for sale I recently sat down for a Facebook Live interview where I discussed how to maximize your home’s value before putting it on the market and the key concepts you need to know if you’re thinking about investing in real estate. For your convenience, I’ve attached the timestamps of this interview so you can jump ahead to the section(s) that interest you the most: 0:12 - The four areas you need to focus on to maximize your property’s value when listing it. 0:55 - How we can assist sellers in improving your property’s curb appeal. 2:04 - How to get over the fear of getting into investing. “ Don’t wait to buy real estate—buy real estate and wait. ” 5:19 - The factors I take into consideration when I look at an investment property. 8:19 - One of the biggest problems people face with investment properties. 8:53 - How I can help you get started with buying an investment property. 9:52 - The advantages of buying an investment property right now. If you have any questions about any of the topics I discussed in this interview, don’t hesitate to call or email me anytime. I’d be happy to help you.…
Today I am sharing five decorating and staging tips to help maximize the value of your home. Selling your Salt Lake City home? Get a free home value report Buying a Salt Lake City home? Search all homes for sale Did you know that 63% of buyers will actually pay more for a move-in ready home? Decorating and staging your home can improve its look and feel. To help you maximize the value of your property, I am going to share five home decorating and staging tips for you to think about. 1. Make repairs to the home. There are always a couple of repairs that need to be made. I love to say “pick five.” Sometimes there’s a baseboard missing, a light is missing, or a window is cracked. Find five things that need to be fixed, because fixing them will make your home look well-maintained. 2. Make sure your home is white-glove clean. Your property should be spotless, both inside and out, and free of odors, as well. 3. Look at the colors in your home. People love neutral colors. Paint over the large red wall that was once a great look with a neutral color. It is going to make it feel bright and will help modernize your home. Fresh coats of paint can also help your home smell like it's brand new. “ You need to make sure that your property is spotless both inside and out as well as eliminate all odors. ” 4. Declutter your home. After we have already done some work and added color, you need to declutter. You either want to toss it, give it, or prioritize it. If there are things that you haven't touched in the last two years, you probably aren't going to use them again and can instead get rid of them. Less is more, and the more belongings you have, the more cluttered your home will feel. When you do stage your home, think about the buyer. If your home is in an area where 90% of the buyers are going to have kids and potentially a baby, consider putting a cradle in a room. If it is going to be a business executive that might buy the home, make a room an office. 5. Depersonalize the home. Get rid of the religious photos and the collections. I also think that you should get rid of the personal photographs. The reason that this is important is that while you may worship Dale Earnhardt, not everybody does. You want to make it so that every consumer that goes in there can see what the home is and not what you love. If you have any additional questions about staging or would like a full list of staging recommendations, please feel free to contact us and we can get that to you. And, as always, if you are looking to buy or sell, reach out to us by phone or email. We would be happy to help.…
When you are purchasing a home, you want to have the smoothest transaction possible. There are five roadblocks that can prevent that smooth transaction from happening. Selling your Salt Lake City home? Get a free home value report Buying a Salt Lake City home? Search all homes for sale Whenever you purchase a home, there are five major things that can happen that can stop our sales. Today I am going to share those five roadblocks, so you can know what to avoid if you are buying a new home. 1. Damage. Damages can occur when the seller moves out, or from a contractor who has caused additional damage. To remedy this, you must always do a walk-through inspection. This can help you avoid discovering that things are missing, such as light bulbs, fixtures, or—even worse—appliances and cabinetry. 2. Due diligence. During the home inspection, ensure that all the repairs requested by the inspection are completed. Also, make sure that your insurance is active the day that you close—accidents happen, and you do not want to accidentally cause a fire. If your insurance is not set up at closing, it could cause a delay. 3. Survey. Survey the land to find out where proper property lines are. This is something a lot of agents push to the side, but do not let them. Surveys are very important. I personally purchased a duplex as an investment property and noticed something was strange about the lines. I had a survey completed and found that the neighbor had encroached 15 feet into the property that I was purchasing. I ended up giving him notice and putting up a fence. Now I have an entire parking spot for my tenant. “ I completed a survey of a property that I had purchased, only to discover that the neighbor had encroached nearly 15 feet into my new property. ” 4. Major purchases. Refrain from big dollar purchases. Buying a car will affect your credit score, which may affect your mortgage rate and eventually affect your ability to even purchase the home. 5. Loan approval. If a person unknowingly does something to impact their credit, they may be unable to secure a loan. Leaving a job or making an expensive purchase are just two of the ways someone may accidentally damage their score A loan company verifies your employment the day before closing. If you quit or lose your job the day before, you may end up unqualified for the loan because of lack of income. Having the money in the location it needs to be is also crucial. If you are receiving the money as a gift, it needs to be wired to your account before closing to verify that you have the sufficient funds. Very few people will let you have the keys to your new place if they are waiting for money to be approved for one reason or another—make sure that the funds are ready. If you have any questions about this or are interested in buying or selling, please feel free to contact me. I look forward to speaking to you soon.…
To know which upgrades you should make to your home, there are five questions you need to ask yourself. Selling your Salt Lake City home? Get a free home value report Buying a Salt Lake City home? Search all homes for sale Here are the five questions you need to ask yourself to know which home upgrades will give you the biggest bang for your buck: 1. Does it make sense? Does it make sense for you to invest money into your property? If your home is in an area you don’t want to live in anymore and you’re ready to move, it probably doesn’t make sense to invest any money into it other than what can be put toward getting it ready for sale. 2. Does it make sense economically? Do you have the cash on-hand to put into your property in order for the renovation to be a successful investment? Sometimes in this situation, homeowners take out a home equity line of credit at a typically low interest rate. If you do something like this, the goal is to pay off debt immediately. I don’t love second mortgages, so my advice is to not use one unless you don’t have the cash on-hand, you know you’ll be in the house long-term, and you know you’ll see a return on your investment. “ Asking these questions can help you build wealth through real estate. ” 3. Will you see a return on your investment (ROI)? To know if a renovation makes sense, you need to understand the market you’re in and the type of property you have. Do you really need marble floors installed into your $300,000 home or would hardwood or laminate floors make more sense? 4. Will your upgrade(s) be sellable? Sometimes we want to make an amazing upgrade, but it just doesn’t make sense to do so. I’ve seen people make adjustments to their home where their space was so unique that it made it difficult for anyone else to move into that space 5. Will your upgrade(s) make sense long-term? Anytime you put money into a property, it has to make sense in terms of the general market. You might want to take out three bedrooms and two bathrooms on your main level and turn them into one master bedroom and one master bathroom, but your neighborhood might not be conducive to those upgrades. That neighborhood, for instance, might be in a price point more appropriate for first-time homebuyers or those looking for a move-up property. You don’t want to make upgrades to your home that will hurt its value. One of the goals I want to help you with is to build wealth through real estate, and asking these kinds of questions can accomplish this goal. If you have any questions about this or any other real estate topic or you’re thinking of buying or selling a home soon, don’t hesitate to reach out to me. I’d be happy to help you.…
What do our current increased prices mean to you? If you are an owner, it means that you have more money without even doing anything. Selling your Salt Lake City home? Get a free home value report Buying a Salt Lake City home? Search all homes for sale Today I want to talk to you about how the increase in pricing, interest rates, and affordability can affect you and your home. Many people have been asking about what the market is going to do and where are we going. Here are the facts. The market is growing. The prices are rising. And, interest rates are going up. These factors create an issue where someone that could previously afford a home for $1500/mo. is now looking at paying $1,700 to $1,800 per month. This is not just because the rates went up but also because the value of the home increased. People are running into the issue of how it affects them and their homes. Compared to last year, we are finding a couple of differences. One is that we have even fewer homes on the market, but we have more sales occurring in the market. This creates a supply and demand issue which pushes up prices. “ Increased prices affect your home personally because your home is now growing in equity. ” This affects your home personally because your home is now growing in equity. With that new equity, you can take it and sell your home, and buy a larger home. Also, if you are planning on upsizing, you have the amount you have paid off for your current mortgage which you can transfer to a new property. Or, you can use that new equity to get a home equity line of credit for updates. If you have the cash, I do suggest you use it. However, using this will allow you to make your home a better place for you and your family. Finally, you can keep the equity where it is and continue to own this same property. You can either continue to live there yourself, or you could also turn it into an investment property. If you can make it an investment property with a higher lease than your mortgage payment, this will create an amazing source of income. It also creates a part of a portfolio for future growth. So, just consider that when there are changes in the market and issues with affordability, it unfortunately creates a situation where some people who want to buy are pushed out of the market. They instead continue to rent. While the real estate market does go up and down over time, rents will continue to increase. Hopefully you can consider this as an opportunity to get in our growing market. In the event that it does slow, you wouldn't have an issue like you would with renting because you will already be locked in with a great rate. If you have any further questions or would like to speak to me about buying or selling, please feel free to contact me by phone or email. I look forward to speaking with you soon.…
If you’re thinking about investing in real estate in order to build wealth, you’re not alone. Here are some tips that will get you started off on the right foot. Selling your Salt Lake City home? Get a free home value report Buying a Salt Lake City home? Search all homes for sale What does it take to buy a home? If you are someone who is looking to buy a new home or helping someone else through the process, there are some things that you should know. Today I have a quick list of things that you need to know: Before I was ever a real estate agent, I was buying and selling investment properties. This is something I’ve always enjoyed and something you should think about. Whether you’re thinking about buying your first property or your fifth, here are a few helpful tips for success with investment properties: 1. Always make sure your finances are in order. We are finding fantastic properties, but when one buyer’s finances fall through there are always three or four back-up offers from eager buyers waiting to pounce. The seller won’t hesitate to move to the next in line if you’re not prepared. 2. Be proactive about having everyone and everything ready to go. If we’re dealing with a development, that means we need engineers, geotech, soil testing, surveyors, and architects. We want to make sure that we have the proper forms, rent rates, and every other detail ready to go. We have all of these resources ready for you so that you can find success. “ Investing in real estate is a fantastic way to build wealth. ” 3. Find the project. The market is great and I think it will go up for at least the next 18 months. There’s going to be an affordability issue at some point, and then you’ll see a leveling off. When it comes to what investors should be looking for in a property, there are three must-haves: 1. The property must have equity already. 2. There is an opportunity to maximize its best use. 3. There is a potential for cash flow. If you don’t have these three things, you’re facing an uphill battle. For example, if you don’t have a property that’s cash-flow positive, that’s when people go bankrupt and lose everything. Back during the mortgage crisis, my rentals went down significantly in value, but the rents remained the same. I was able to use that money to sustain my business during those tough times. There are so many opportunities involved with investing in real estate. If you have any questions or you want to learn more, don’t hesitate to give us a call or send us an email. We look forward to hearing from you soon.…
Do you know what it takes to buy a home? Today I have five tips to share about the home buying process. Selling your Salt Lake City home? Get a free home value report Buying a Salt Lake City home? Search all homes for sale What does it take to buy a home? If you are someone who is looking to buy a new home or helping someone else through the process, there are some things that you should know. Today I have a quick list of things that you need to know: 1. You have got to talk to somebody that is an expert advisor. You need someone that can help you navigate through the process. They must know what to look for—not only the problems of the sticks and bricks, but of the values of that property short term and long term. Get the right person—somebody that understands the market and can take you through everything. 2. Shop for the perfect property. It may be easy to look online, but it’s hard to narrow down your options. Sometimes it involves taking your 100 favorite properties and narrowing it down to your top ten before picking out one. At the end of the day, set a parameter. Then we can help you look for a home and make an offer. We evaluate not only the values of the market but also what we're seeing today. “ Set a parameter, then we can help you look for a home. ” 3. You will want to research it. You have to know, based on the offer and what has been established, is that property worth it? We bring in all of our resources, including home inspectors, engineers, and electricians, with specialized expertise that can help us check it out and get more information about that property. Every property is completely different. 4. Make sure that you are keeping your finances safe. Don’t buy dumb things or lose/quit your job. Keep everything in order. Make sure that everything is perfect with finances. 5. Next, we are going through closing. We've set everything up. We have researched the property, found the perfect home, and our finances are ready. Once the appraisal is back and the due diligence is complete, we are going to close the property and get the keys. You own it. If you have any questions about this process or want to know more about why you should buy now, please don’t hesitate to contact me. I would be happy to speak with you any time by phone or email. I look forward to speaking with you soon.…
Which remodel projects will bring the highest returns when you list your home? Let’s take a look at the results of a recent study. Selling your Salt Lake City home? Get a free home value report Buying a Salt Lake City home? Search all homes for sale Remodeling Magazine recently came out with a list of the top projects with the highest return on investment. I’m going to share this list with you today but before I do, there’s something I want you to keep in mind: Things in our market might be a little different than what works well on a national level. Overall, this list has a lot of great points that can help you earn more money for your home. Before you make any major remodels, we’d be happy to provide you with guidance as to which projects will work best for your home. “ Before you make any major remodels, please come to us for guidance. ” Finally, let’s take a look at the list of top projects: 1. Attic insulation 2. A new front door 3. Stone veneer 4. A new garage door 5. Kitchen updates 6. New siding 7. New windows If you would like to see the full list and a more detailed breakdown of the statistics supporting it, click here. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.…
Today, I’ll be going over what you should expect from the home inspection process. Selling your Salt Lake City home? Get a free home value report Buying a Salt Lake City home? Search all homes for sale What should you expect during an inspection? First of all, there are three general types of inspections: a surface inspection, an in-depth inspection, and a professional inspection. A surface inspection is a basic walkthrough of the home. When this kind of inspection is performed, the inspector is looking for anything that might interfere with the property in terms of safety or stability. Things like burn marks, mold, or other physical identifiers of poor condition. Surface inspections are only done about 10% of the time. Frankly, these kinds of inspections miss quite a few things, since they aren’t conducted by a professional home inspector. “ A home inspector is going to find something wrong, even if the home is a new construction. ” This is why we recommend an in-depth inspection. A home inspector is going to find something wrong even if the home is a new construction. Inspectors, like attorneys, will always find an issue. They have been hired to do so. When buyers and sellers negotiate the issues found in an in-depth home inspection, they will pay the most attention to safety and maintenance issues. It will depend on the individual transaction as to what fixes the buyer asks the seller to make or whether they ask them to make any repairs at all. If the issues that are significant or specific enough, it may be time to hire a specialized professional to take a look. Using the example of a home with electrical problems, you may want to have an additional inspection performed by an electrician. Any repairs that need to be made will typically be done within the due diligence period before closing. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.…
A lot of buyers now are more prone to buying a home than previously. I have a few thoughts about why that is. Selling your Salt Lake City home? Get a free home value report Buying a Salt Lake City home? Search all homes for sale Why is buyer optimism higher than we’ve ever seen it? Today, I’d like to go over a couple reasons for this mindset. Fannie Mae recently did a study that demonstrated that a large number of buyers were more prone to and optimistic about buying a home. If you think about inventory from a national level, you’ll get some interesting numbers. We are about 6.5% lower in inventory compared to last year, and yet, we’re about 6.9% higher in appreciation, price, and growth. “ Typically, the success of the market is typically tied to economic factors and growth—two areas in which we are doing fantastic. ” So with that in mind, what is giving buyers the sense of optimism we’ve seen? 1. Interest rates have remained pretty low over the year. Even though prices are rising, interest rates have gone down and have actually made it more affordable to purchase, despite that change. 2. The demographic of who’s on the market has shifted. When Fannie Mae did the study, they found that the average homeowner’s income was around 125% of someone who was buying. Right now, it’s actually closer to 150%. Millennials who were previously holding off on entering the market are now beginning to look at purchasing homes, as opposed to renting. 3. There has been steady job growth. Because of this growth, the market is starting to look appealing to more people. If you’re a buyer, know that our market is good, interest rates are fantastic, and inventory is excellent. If you’re a seller, just know that there is a market of people looking to purchase. We expect to see a great market over the next few years as well. The world of real estate can always change, but typically, the success of the market is typically tied to economic factors and growth—two areas in which we are doing fantastic. If you’re looking to buy a home, we’d be happy to give you free access to our home hunter buyer system found here . If you’re selling, we’re more than willing to give you a free home evaluation . We look forward to talking to you soon.…
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