594 S Lake View Drive Looking for your new dream home?  No need to look any further.  You'll be amazed at the top of the line craftsmanship DR Horton puts into each and every one of their homes.  Affordable luxury waiting for you.  Your only a few steps away from your new DR Horton home.  To find out more click here: Make sure you mention how you found your new dream home!       MLS 986220 :  594 S Lake View Drive, Orem Utah  Sleepy Ridge subdivision/project Features 3062 sqft, 3 bedrooms 2 bathrooms, Ranch/rambler  home Gorgeous      For More Homes in Utah, check out DR Hortons Website, Don't forget to mention who sent ya!  Found your dream home just need to find a lender? go to Marylee          *permission to advertise DR Horton home by Sales Division of Utah DR Horton and Marylee Gil... 12/16/2010

563 S Lake View Drive, Orem Utah  Looking for your new dream home?  No need to look any further.  You'll be amazed at the top of the line craftsmanship DR Horton puts into each and every one of their homes.  Affordable luxury waiting for you.  Your only a few steps away from your new DR Horton home.  To find out more click here: Make sure you mention how you found your new dream home!   MLS 986098: 563 S Lake View Drive, Orem Utah, in the Sleepy Ridge subdivision Features 3658 sqft, 3 bedrooms 2 bathrooms, Ranch/rambler  home Gorgeous      For More Homes in Utah, check out DR Hortons Website, Don't forget to mention who sent ya!  Found your dream home just need to find a lender? go to Marylee          *permission to advertise DR Horton home by Sales Division of Utah DR Horton and Maryle... 12/16/2010

Utah County Homes Sold in Orem, Utah - 2010 Month Jan 2010 Units 24 Sales Volume $5,656,970.00 Avg. List Price $230,000.00 Avg. Sold Price $201,650.00     Sq. Ft. 2,689 Per Sq. Ft. $80.82       Feb 2010 40 $8,819,163.00 $197,400.00 $180,700.00   1,87 $97.38       Mar 2010 51 $9,141,600.00 $195,000.00 $174,000.00   2,050 $85.37       Apr 2010 44 $7,882,400.00 $184,950.00 $163,000.00   1,955 $87.99       May 2010 69 $13,536,594.00 $199,900.00 $181,685.00   2,236 $88.77       Jun 2010 49 $9,200,715.00 $187,900.00 $181,000.00   2,116 $82.83       Jul 2010 47 $9,762,187.00 $199,900.00 $179,750.00   2,350 $90.20       Aug 2010 39 $8,098,458.00 $199,500.00 $182,000.00   2,576 $79.71       Sep 2010 56 $12,358,659.00 $199,900.00 $174,500.00   2,325 $79.06       Oct 2010 45 $8,455,287.00 $189,900... 11/20/2010

Utah County Real Estate - The Right Home for You There are a number of things to consider when choosing the right home and everyone's priority is different.  Where should it be located; neighborhood preference; single or multi-level, number of bedrooms and baths; square footage: yard size; features: quality of school; age of home; interior or exterior appeal; and most of all, price, because if it's out of your budget, it can't be considered. Make a List Make a priority list of things important to you.  Start with the most important, things you have to have.  Then work down the list, putting them in order of most important.  After you are done, go up to the top and move down until you get to a place where you can draw a line.  Above the line should be all of the items you have to have, a... 10/22/2010

Utah County Homes for Sale - Buying Your First Home Well the time has come; you are finally out making a good living.  You are beginning to get tired of paying rent, the number one advise that friends and family are giving you is, Buy a House.  By this time you are about to be hitched and have probably saved enough money for a down payment.  After a fair amount of thinking about it, you jump over the first hurdle and decide to go for it.  Now once you are focused about what you want you then jot down a list of things you want in a house.  That being done the search begins.  These days the task of sifting through hundreds of potential houses is not as hard.  With a few mouse clicks, you can see multiple house listings and take virtual tours of houses for sale. The key points to consider ... 10/17/2010

Utah County Real Estate - Renting Downside There are certainly some advantages and disadvantages to renting versus owning your own home.  When you rent, you are normally limited on what you can do to improve your home.  You have to get permission to make changes or improvement to the home.  It really doesn't make sense to paint, put in new carpet, tile or window coverings when the main person who benefits is the landlord.  The landlord wants to keep expenses to a minimum and will probably not be spending much to improve the property as well.  When you own the home you do pretty much whatever you want to.  You get the benefit of any improvements you make.  You can really make your home a home. Search Utah MLS Listings - Utah's Finest MLS Home Search, Utah County's Exclusive Home Buyer Se... 10/11/2010

Utah County Real Estate - Homeownership - Tax Savings With the Housing Market taking a tumble recently, the fact that Homeownership is still one of the best investments goes unnoticed.  Income tax deductions basically allow for the Federal government to subsidize the purchase of your home.  All of the interest and property taxes you pay in a given year can be deducted from your gross income to reduce your taxable income. Property taxes are also deductible.  Whatever property taxes you pay in a given year may also be deducted from your gross income, lowering your tax obligation.  Remember to consult with a Certified Public Accountant to see how the above will affect you directly. Search Utah MLS Listings - Utah's Finest MLS Home Search, Utah County's Exclusive Home Buyer Service - Utah H... 10/05/2010

Utah County Real Estate - Mortgage and Down Payment How do you know which type of mortgage product is best for you?  There is no simple answer to this question?  The right type of mortgage for you depends on many different factors: •·         Your current financial situation •·         How much you expect your finances to change •·         How long you intend to stay in your house •·         Your tolerance for having your mortgage payment changing from time to time. Most important is to consult a mortgage loan professional when it is time to decide what is right for you. The down payment required with your loan quite probably will be less than you think.  Many first-time buyers are surprised to learn there is no fixed answer to this question.  Usually the down payment will range anywher... 09/24/2010

Utah County Homes for Sale - Seller Disclosures and the Offer When touring prospective Utah County properties to purchase, we are very careful to look at the walls and the ceiling, turn on faucets, and play with light switches, but how thorough should we be?  The seller has years of knowledge about his or her home and there may be things you want to find out about as quickly as possible.  For this reason, you should require certain disclosures as part of the offer. You want the seller to disclose any adverse conditions that may have a substantial impact on your decision to purchase the home.  This must include any problems with the house, whether the property is in a flood zone, a noise zone, or any king of hazardous area. When you have a Utah County Realtor representing you, this is al... 09/15/2010

Energy Auditing Municipal Buildings for the city of Orem, Utah | Information gathered from any Utah energy audits of the city government buildings in Utah County can be used to determine energy efficiency, retrofitting and weatherization projects. Retrofitting projects will include air infiltration, energy efficient windows and doors, insulation levels, weather-stripping and caulking, and electric base loads.   Using the data from the energy audit to retrofit and improve the energy efficiency of a number of it's municipal buildings that will result in substantial reduction in energy usage.   DOES ADDING INSULATION REALLY HELP?    Third Party Energy Auditing Verification by Alamo Infrared on Episode 116 of Homes Today Utah. An old home was chosen in Salt Lake City, Utah for an energy ret... 09/10/2010

Utah County Homes for Sale - Refinance or Upgrade With the real estate market going through all the changes it is presently going through, many new questions start to come up.  Should I buy a new home?  Should I re-finance my present home?  Should I rent out my present home and Upgrade to a new home?  The scenario I see quite often these days is the later.  Many of my home buyers are looking into renting their present home due to the high demand that there is for rentals.  Once they find a good qualified renter, the next step is to take advantage of the great deals available on new homes and the low interest rates that make it possible to upgrade and keep their payment reasonable. The re-finance scenario is more difficult to accomplish, due to the decline in the home values and the loan... 09/08/2010

Utah County Real Estate - Federal Housing Authority (FHA) Home Loans The FHA (Federal Housing Authority) doesn't actually fund your home loan in any way.  The FHA simply provides mortgage insurance to help consumers become Home Owners.  The FHA actually insures the lender from losses resulting from Home Owner default.  The FHA helps mortgage lenders prepare loans for people who might not otherwise qualify. One of the big advantages of an FHA Loan is that a smaller down payment is possible.  As of January 1, 2009, the down payment for a FHA Loan is 3 ½ percent of the principle loan amount.  In today's market the down payment on conventional loans can be as much as 20 percent.  FHA loans make it possible for many people to enter the Home Buyer market, just with the lower down payment alon... 08/31/2010

Utah County Homes for Sale - Private Mortgage Insurance (PMI) Private Mortgage Insurance is used by Home Loan Buyers to insure the lender against default if the borrower has less than 20 percent down.  Private Mortgage Insurance can be a very costly insurance premium that is necessary as part of loan qualifications set by Fannie Mae and most secondary market investors.  With the right loan, it doesn't have to be an obstacle.  How much does Private Mortgage Insurance Cost? PMI increases your monthly payment and could be tax deductible.  PMI varies, but can be estimated by taking about one-half percent of the total loan amount.  With a home selling for $300,000 and 10 percent down or $30,000, the annual cost of PMI on your $270,000 loan would be approximately $1,350 annually or an extra $... 08/27/2010

Utah County Homes for Sale - Getting Pre-Qualified is Your First Step The time has come to start shopping for a home to purchase.  The first thing that you should do is to get pre-qualified for a home loan.  It is very important to understand what your price range is prior to looking so you don't waste time looking at properties that are out of your price range. Where do you begin? Most Realtors work with a trusted network of Mortgage professionals, who can assist you in getting pre-approved for a loan so that you can comfortably begin looking at homes with the assurance that you can obtain the proper financing. Generally, loan officers can help you with a pre-approval by getting some basic information (address, social security number, etc.) over the phone or internet. If you choose to ... 08/23/2010

Utah County Homes for Sale - Dress for Success - The Showing The overall appearance of your home is one of the major factors to consider when placing in on the market to sell.  The problem is, either you don't have or are not willing to spend the money to remodel.  There are some inexpensive things that you can do to give the appearance of success without spending the money to make it happen. Enhancements or redesigning of the kitchen usually is one of the first areas considered when thinking about what to do to improve the appearance of your home.  But is it the most cost productive means.  Many buyers would like and appreciate saving money on the purchase of the home, so that they can do the redesign themselves, this should always be considered when pricing your home for sale. The fru... 08/19/2010

Utah County Homes for Sale - Short Sale The time to consider a Short Sale is when your Mortgage is considered to be in default, one or more payments have been missed.  There are a number of solutions available to remedy the situation: •·         Short Sale/Payoff •·         Forbearance agreement •·         Loan Modification •·         Deed in Lieu of Foreclosure A Short Sale occurs when a borrower sells their property for an amount that is less than the amount owed to the lender.  To qualify for assistance the borrower needs to prove that they are experiencing a substantial financial hardship.  A hardship is a situation that has life changing effect for the borrower that results in an in-ability to pay the mortgage debt in either, short or long term: •·         Separation or Divorce •· ... 08/16/2010

Utah County Homes for Sale - Positive Mental Attitude (PMA ) in a Negative Market. It is so important to stay positive in today's Real Estate market.  We have grown accustomed to a volatile market.  Homes sales seem to follow right along with how the DOW is going.  But we need to maintain a positive attitude, Realtor's as well as Home buyers and sellers. We each need to cheer the other one up and keep things going.  I have found that I have my best success during bad times.  So many of my fellow Real Estate agents get caught up in how bad things are going that they go right with the flow.  We need to set ourselves apart from those who get themselves down.  It is important to follow a couple of simple guidelines. •·         Make sure you always have a smile on your face.  This will at le... 08/12/2010

Utah County Real Estate - Sell before you Buy When it comes time to purchase a new home, the question always comes up, should I sell my old home before I buy the new one?  Depending on your credit situation and your ability to qualify for two loans, this question could be easily resolved.  We will assume you have excellent credit and can do whatever you please.  It is always better to have your present home sold before you make an offer on the new home.  If you have an offer with a contingency of selling the old home, the seller will be less likely to accept the offer or allow better terms.  You will always be in a better bargaining position if you were able to move in without delay.  Credit terms on you new loan will also be better based on you living in the new home as your primary re... 08/09/2010

Utah County Real Estate - Home Buyer's Market Are you a present Home Buyer Candidate? How you been waiting for the perfect time to buy a home? Well your time is now, at no other time in recent memory has the real estate market been at a point where you had nothing to lose, and everything to gain. As a full-time Home Buyer Representative, I too like this kind of Home Buyer market. There are so many opportunities out there for my clients that I feel like a little kid in a candy store. A Home Buyer market comes at a time when the supply of homes for sale exceeds the demand to buy those homes. The Home Buyer market can be a great opportunity to not only negotiate the price of a new home you want to buy, but it can also be a time for great interest rates, inspection costs, and closing cost o... 07/22/2010

Orem Utah Real Estate sold increased by 13%.  Median price decreased from $199,950 to $188,000 and average price decreased from $229,508 to $212,034.  There are about 250 Orem homes for sale on the market today.  07/21/2010