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With the government halting the purchase of Mortgage Backed Securities, and the inevitable increase in mortgage rates on the horizon, this is a question that many home sellers are beginning to ask. Well, I put together a simple spread sheet to work out the numbers and here it is: Rate … Read More
Today’s real estate market is unlike anything we have seen in more than 20 years. There is a huge inventory of homes on the market, you have choices between short sales, bank owned properties, and desperate sellers. With historically low interest rates to help you qualify for your dream home, I am finding many potential… Read More
Over the past several articles, I have outlined several of the costs associated with closing on northern Utah real estate. I haven’t tried to give you a detailed itemization of all possible costs, but this should give you a general idea of what these closing costs are buying you. An important idea I want to… Read More
At the closing on a piece of Logan Utah real estate, an escrow officers’ responsibility is to gather all documents, including loan documents and documents prepared by the Realtors, which are signed by the buyer and seller that clarify the terms of the contract for the purchase, required disclosures, etc. It is their job to find out the amount… Read More