Salt Lake City Short Sales: How Short Sales help the economy

Salt Lake City UT – Yesterday’s post talked about how banks lose money when they turn down short sale offers. A recent study by Boston Consulting Group showed that a lender will net 20% more money on a short sale versus a foreclosure.

Discover how other sellers successfully did a short sale and request [...]

October 29th, 2010 | Tags: , , , , | Category: Salt Lake Homes, Short Sale Buying in Salt Lake, Short Sales, The Housing Market in Salt Lake | Leave a comment

Where is the Salt Lake housing market going!

Form the 2 most reputable statistical sources Core Logic and The WFRMLS we see Salt Lake county prices down about 9% on the year.   There are communities where that is  in the 14% range.  After the tax credit ended in the end of September home sales are way down.  Since the highs of 2007 [...]

October 26th, 2010 | Tags: , , , , , | Category: Salt Lake Homes, Salt Lake Homes For Sale, The Housing Market in Salt Lake | Leave a comment

How To Negotiate A Wells Fargo Short Sale in Salt Lake City

Salt Lake City UT – Wells Fargo is one of the largest lenders in the US. They are the second biggest short sale lender we work with. The Wells Fargo Loss Mitigation Department is much better to work with than lender’s loss mitigation departments.

Discover how other sellers successfully did a short sale and [...]

October 21st, 2010 | Category: Loan Modification, Salt Lake Homes, Short Sale Buying in Salt Lake, The Housing Market in Salt Lake | Leave a comment

Utah Foreclosure Law may Change favoring home owners

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I hope they get mediation in the laws of Utah. I would expect it not to pass in Utah because were so conservative, but it has help in Nevada. I see the bank trying to get the home foreclosed at all cost even forging documents. I’m an expert [...]

October 16th, 2010 | Tags: , , , , | Category: Salt Lake Homes, Salt Lake Homes For Sale, Short Sale Buying in Salt Lake, The Housing Market in Salt Lake | Leave a comment

How to avoid the Tax Credit selling Train Wreck in Salt Lake

From now until the end of April in Salt Lake County, there will be more offers written on homes for sale then there will be in all of 2010. Good news for home seller Right? We’ll maybe if you keep your guard up. I have to say the 2010 Home Bing Tax Credit expiring [...]

February 20th, 2010 | Tags: , , , , , , , , , , , , , , , , , , , , , , , , , | Category: Salt Lake Homes, Salt Lake Homes For Sale, Short Sale Buying in Salt Lake, The Housing Market in Salt Lake | Leave a comment
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