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To Buy or Build in Cedar City

A home is usually one of the largest, if not the largest investment a person will make. We’ll spend a lot of time designing the “dream house”. Every buyer usually has two lists when looking for a home, deal breakers, and wish lists. Deal breakers are aspects of a home that are must have’s, you can’t live without them. Whereas wish lists are features that the buyer wants, but aren’t required or necessary. So when trying to decide to buy or build in Cedar City here are a few things to consider.

to buy or build in cedar city

Buying an Existing Home in Cedar

When you are buying an existing home the advantage primarily comes down to convenience. When you find the home you want, you make an offer. Then Cedar City real estate agents like us will walk you straight through the whole process, get your paper work in order and then be in your home in 30 days or so. Much easier and convenient than building a home from the ground up. You know what you’re getting, and you don’t have to make anywhere near the amount of choices that you make when building a home in Cedar City.

You’ll still have to go through the process of searching, seeing, and searching some more. Going over house after house before finding one that meets your deal breakers, and has enough of your wish lists to satisfy you.

When looking for Cedar City real estate there are a lot of options available as far as existing homes for sale. As well there’s a lot of variety and options available from small lots near downtown, to sweeping homes with lots of acreage.

One of the bigger reasons to buy an existing home is that you’ll be in an established neighborhood, with mature landscaping, schools, and trees that can actually offer some shade. It also usually means you’ll be nearer to shopping, and all of the established locations in town, as most of the new builds are on the outskirts of town.

Building a Home in Cedar City

On the flip side of building vs buying is primarily the convenience level is much lower when building. You’ll have much more time to invest in building than just buying. Everything from paint color, to tile vs wood floors, from the permits for the city and county. Do you do stucco, brick, or something else? So if you are opposed to making decisions, then building a home in Cedar isn’t for you.

The benefits are numerous though if you’re willing to forgo convenience. The primary benefit is having the ability to get exactly what you want. You don’t have the weigh the deal breakers vs the wish list, because you’re the one that gets to decide them. This is a huge plus, there’s no need to change wall colors before moving in, or switch out the carpet, because everything is exactly how you want it.

And it’s brand new, so you don’t have to worry about whether things are going to break down on you as soon as you move in, because everything’s new. You can trust that your water heater’s going to last for years, and that your furnace will keep pumping out heat all winter long.

So the decisions up to you, but it’s certainly a decision that we are willing and able to help walk you through. If you need a building lot and a builder we can help. If you don’t want to mess with it and just buy, then we can help. So don’t hesitate to call us when you’re trying to decide whether to buy or build in Cedar City.

 

 

Finding the Best Cedar City Homes For Sale

It’s a fantastic time to be living in southern Utah! The weathers starting to cool down, and soon the leaves will start changing color. So if you’re trying to find the best home in Cedar City for sale, it couldn’t be a better time to look. There are still good deals out there if you know where to look. The homes market in Cedar City has shown a lot of life lately which is always fun to see.

Finding the Best Cedar City Homes For Sale

Where to Live – Cedar City Homes For Sale

When looking for a great Cedar City home for sale, it all boils down to what aspects of a neighborhood, and home are most important to you? Do you want to be close to schools, and restaurants? Or would you rather be out away from it all? Would you like a street filled with kids, and bikes? Or would you like a sleepy little street where you just have an occasional basketball to dodge? These are all pertinent questions that will help you in your quest to find the best home in Cedar City for you and your family.

In truth there are no perfect homes, just homes that fit your needs better than others, so you need to decided what is most important to you? If you come into see us with your most critical needs already figured out, then we will be 3 steps ahead of you in your quest to find that home. We’ll take your thoughts, needs, and desires, and help you find the best fitting Cedar City home for sale that you can find. We aren’t just realtors who merely try to sell our own listings, but we really have the client in mind. What you need, and what will serve you best is what we’re going to find you.

Best Homes For Sale in Cedar City

We pride ourselves in being able to sit down with people, analyze what they need, and then steer them in the best direction for their home purchases. Sometimes there are just way too many options when looking for the perfect home for sale in Cedar City. Which is where a little patience and experience in your realtor will come in handy. We know the ebb’s and flows of the real estate market better than most, we know when you’re getting a good deal or not.

So when you’re looking for the best Cedar City homes for sale, give us a call and let us walk you through the process. Once we know what you want, then we’ll be off to the races in helping you get into the best home out there. And if you’re looking for additional information about Cedar City homes for sale, click on that link as well.

Photo Credit: jørn utzon on flickr

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How to Avoid Real Estate Retirement Planning Mistakes

Many people do not even realize how important planning their retirement is, so they naively neglect the steps necessary to ensure the retirement they desire. People who are nearing to their retirement period do not even like to hear about their retirement, forget about planning. But, it is very important to prepare ahead for retirement, especially with regards to real estate, it helps you to continue the rest of your life peaceful, otherwise it is much more difficult to survive peacefully after retirement and it could be a trying time in your life.

How to Avoid Real Estate Retirement Planning Mistakes
Some people plan ahead about spending their leisure time but they forget about the retirement planning, which is very important for them so that they could plan other things.  You should actually put a lot of effort to make sure that your retirement plan will be successful, and take a lot of care into ensuring your real estate retirement plan is one that will take you into your twilight years.  You may not see the unforeseen circumstances, which leads to failure of your retirement planning.  Therefore it is very essential to know some important questions if you want to avoid retirement planning mistakes, and real estate retirement mistakes.

Questions to Ask so at to Avoid Real Estate Retirement Planning Mistakes

  1. How many more years left before your retirement?
  2. Depending on your current financial position, how much income you will get after retirement?
  3. Are you planning to retire through your personal savings or you wanted to capitulate from various investments?
  4. Whatever the money you saved till your retirement period, for that income how much money did you generate yearly till your retirement and after retirement?
  5. Will the income that you will receive after retirement will be funded by various other income sources?
  6. Do you want to it by yourself, or do you want to take help from an expert for better income results?
  7. Keeping in mind your retirement-income basis, how much money you will get after tax?

The major reason why many people retirements plans are not successful is because they aren’t asking the important and right kind of questions. Cedar City has consistently been ranked as a top affordable retirement community, so by asking the right questions and with a little help from real estate agents like the Bontadelli Team, you’ll be squared away. The right question helps you find the right answers, and the right solutions for your retirement plan. Planning ahead for your future after retirement not only helps you lead a peaceful life but also helps you lead independent and successful life.

The Right Real Estate Retirement Investment Plan

Now you know how to ask question to secure your life by planning the right kind of retirement plan. There are many answers to these questions that you never asked before. Planning is must for any kind of investment especially during your old age, you must have secured income to take care of your health and other important things.  Make sure to check the current changes and method of making retirement plan successful. And start planning today to ensure your real estate retirement investments in a place like beautiful Cedar City are ready to go.

Photo Credit: Simon Cunningham

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How to Find the Most Reliable Cedar City Real Estate Agent

Choosing a reliable real estate agent in Cedar City is very important when you are planning to buy or sell your home. The primary thing you should look for when looking for an agent is for his/her professionalism in taking care of things. Do they have total dedication to their work? Are they committed and hard working? And finally, they must have a good reputation.

My New House

Finding the perfect real estate agent is very important; the quality varies radically from marvelous to dreadful. You should be able to find an agent who puts your needs in front than their profits. Who can suggest you the right options and right location? Over all he/she should have as many of these qualities as possible:

  1. A person of veracity
  2. A great amount of time working with the real estate field.
  3. Should have plenty of knowledge and information about entire neighborhoods and communities.
  4. Maintains a good relationship with other agents and customers.
  5. Must be respected by other agents, which means he/she should not be rude with customers.
  6. Refined in business matters.
  7. Understands your needs.
  8. Must have a license from your state, which means, the agent must minimum educational qualifications, also they should have obtained training other necessary things.

The above mentioned points are very important to consider when you are looking for a reliable agent. Some additional things to consider are things like does he or she maintain their membership with the NAR (National Association of Realtors)? Through NAR, you can find an agent with qualifications as a Gradate Realtors Institute and Certified Residential Specialist. You don’t find many agents with such qualifications, so ask.

Get Referrals to Find the Perfect Cedar City Real Estate Agent

Get referrals from friends, coworkers and family, especially the people who you know have bought or sold the house recently. Get the agents name from other people who met at the open houses, once you find the good real estate agent, talk to them for half an hour or so and ask questions, etc. Once you get to know the approach of the agent, then you can hire him to do your job.

Ask Questions

Ask questions of the real estate agent in Cedar City, to find his or her experience and closing rate requirements. For instance, if you want to buy a new house, a foreclosure, or a condo, then make sure that your agent knows how to deal with these types of properties, and how experienced they are in this field of work.

Ask them how many homes they helped to sell or buy in the last year. Ask the address of the house that they recently sold and find out the selling cost. This kind of inquiry can help you to find the agent working capacity and successful rate.

Ask the agent how he or she can help you find the best house in your budget limits. And ask their suggestions on new mortgage loan process. Also, ask about current tax changes and insurances.

Know how to reach the agent, how you can contact him/her, through email, through phone or any other source. For stable markets, you can approach the lender once a week, but for the hot markets, you need to approach the agent every single day. And make sure you get responded to quickly from them to your calls, it is very important, because you don’t want to wait for your agents response and miss the golden opportunity’s.

Once you ask these exclusive questions, you are sure to get an idea about the agent, and you will know if he is good to help you find your dream house within your budget and with all the requirements that you are looking for in your home.

Conclusion: Finding the Best Cedar City Realtor

The important thing that you should be focusing on is, after finding the agent, make sure that he is giving priority to your task and not putting your name at the bottom of the list. So make constant inquiry’s and let them understand your requirements clearly. We are hopeful and confident that we here at the Bontadelli Team at ERA can satisfy all of these requirements, to help you with all of your real estate in Cedar City needs.

Photo Credit: Michael Gil

Our Listing Services Presentation is Bar None

Services we stand above the rest on is listing presentation.

We take terrific care in our listing presentations. I see daily homes listed with our competitors with photos taken quickly with a phone. It just makes sense to take time with proper lighting and other factors to have the home looking it’s best to the buyer. First impression, if you are the client looking for a home, what are you going to be drawn to? Great photos and lots of them.

Home of Aesthetics

Please no unkempt bathroom photos!

Be honest with home descriptions. You can’t make a Volkswagen in a Cadillac with a few words. Don’t embellish. The buying public is savvy and will not appreciate a waste of their time viewing a home that states what it is not.

We work as team with you. Your help as a seller is required.

Dirty, messy homes, first impressions are the only chance you will get.

Staging has become also so important not only will it give purpose to the room, but also allow the buyer to envision this home as their home.

Can’t say this one enough! Do not over price your home. We go to great lengths to give or sellers a concise market range for sale. This is based on many factors. We hear several times a week at least, “I do not want to give my home away”. By pricing above current market value you will have no showings for one, and no offers secondly. Over pricing will offer the seller no results and huge disappointments.

As a seller offer an incentive. Maybe closing costs paid or other that will set your home above the competition.

Do your part. Have the home in good condition, everything working and looking great.

Photo Credit: apple_photo

How the Sharing Economy is Changing Home Affordability

The sharing economy has come out as a good thing for plenty of people. As its name suggests, it works when people who own things rent them out to others in need and in the process the owners earn money, where he would not have, while the person renting forgoes the cost of buying the item. The cost of renting is usually less than the traditional rentals. This also provides a great opportunity to purchase a piece of investment real estate in Cedar City.

Some of the notable examples include a house owner with an extra room renting it out, someone borrowing your car to drive himself around or the owner driving you around in their car. The sharing economics has been there for a while but over the last few years, it has started moving towards mainstream. So why is this?

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Globalization and Urbanization in Cedar City and Surrounding Areas

Every year tourist boards like the Cedar City Tourism Bureau trumpet on the growth of tourists in the area. Reasons for this may be due to good living conditions or the business environment. This has made the world a smaller place as people travel further towards cities in search of housing and transport services. In the past, only big brands such as big hotels and car rentals would have been the choice but now, that is not the case. And this is the case for Cedar as well, and provides an opportunity for investment in Cedar City.

Urbanization is continuing at a very fast rate. If you would take into consideration the US, in 1960, only 67 percent people lived in urban areas. Now, it is 80 percent. Add up to the population growth, this leads to many people living closer together. This would lead to the question, “Do I really need a car?”

Some companies are studying this trend and trying to show people how to live in these conditions.

Breaking the Barriers to Adoption

There have been plenty of technological advancements towards business that have removed the barriers of adoption for home owners in Cedar City to rent out their homes on something like a vacation rentals website. They include smartphones that enable real time discovery (location of the nearest car or bus stop), social media that provides transparency (the kind of person you are renting your room to and if they are trustworthy), mobile cashless payment processes and also geolocation supporting tracking methods and many more.

With these technologies, companies such as Uber, AirBnB and Lyft which have huge brands, valuations running into billions of dollars and huge insurance covers, are able to provide price standardization, risk management and insurances allowing people to borrow and rent without fear as their services are of high quality as well as extensive experience.

Cedar City Real Estate Investment Affordability Impact

There is a huge impact on affordability in these services. For instance, a normal Lyft driver can make about $25 per hour. At times, one shift of six hours would rake in about $500 in one month. For those who rent out their car through Relay Rides, they are able to make about $250 per month. This allows people who do not require cars to save up on thousands of dollars.

Even for small US cities like Cedar, you will rarely find one room on AirBnB that costs less than $70. Therefore, it is possible to make about $300 easily by renting out your spare room for some nights every month.

With these statistics, it doesn’t take a genius to notice that spending $300 per month would make him or her avoid a debt of $50000 with 5% in interest rates. Therefore, figure out on which side you would like to be in as both sides are beneficial.

So the incentives to invest in a Cedar City investment property are getting better and better.

Photo Credit: Joanne

Stainless appliance package

The most popular in appliance package are the Stainless which refers to the expensive STEEL appliances. Not to be confused with the “faux” stainless look. This can easily be tested by placing a magnet on the product if it sticks or not. For refrigerators these days most are larger than the refrigerators years ago. Plan on about $1,000 for this item. Some can be purchases for less, say for instance you are buying them as a package or price comparing.  A 30″ range will be $650.00 and up. I have seen some as high as $1,400 for a confectioner style with all the bells and whistles. $600.00 and up for Dishwasher and count on $300.00 or more for the microwave.

Allot of this depends on basic or all the “bells and whistles” models.

Washer and dryers are ever changing, personally I use 2 or 3 settings so paying for more seems and expense that may not be needed. A steam option in the dryer would be nice, I would pay more for the dryer.

Remember to recycle or donate the old items. As a donation, most churches will come and pick up your item and you get a tax deduction.

 

 

 

Do Carpet Credits Help Sell a Home?

A question that we run into as Realtors in Cedar City is, do carpet credits help sell a home? And our answer is always the same…

Carpet Credits do not help sell your home

From and Real Estate professional point of view, a carpet credit will not assist you to sell your home.

Think, CLEAN! It’s that simple, you only have seconds when a buyer walks through your home to make a great impression.

I think stating a $3,000 carpet allowance on this listing, states right there is an issue and possible brings attention to other issues in the home. Often time, just cleaning the carpets will help hugely.

do carpet credits help sell a home

It doesn’t work because once people see filthy, pet stained carpet, they don’t buy the house period unless it is a super discount of well over the cost of replacing carpet.

The cost of replacement now goes through the mind of the buyer, several thousand dollars, with more work to be done.

Many areas where there is carpet in the home will not be replaced with carpet by the new owner. If there is nice fresh clean carpet there, they will buy the house and change some areas to wood later. But if there is dirty filthy carpet there then they have to come up with the money right away to put wood, and that is usually not practical for many people buying a home.

If you have filthy carpet then you have to replace it with clean carpet. You don’t want to spend a ton of money on that carpet for a lot of reasons, not the least of which is that the buyer may cut it out and throw it away in short order in some, but not all, of the places where you put it. You need a nice clean blank canvass that someone can live with for two to five years. This apply for the average homes seller, condos, apartments and rental properties.

Photo Credit: Renato Ganoza

Cedar City-Real Estate Good or Bad?

It is one of America’s financial engines and we need all the help today America can get.

We Realtors work for the public. That is how the Code of Ethics National Association of Realtors prescribes it.

Preamble

Under all is the land. Upon its wise utilization and widely allocated ownership depend the survival and growth of free institutions and of our civilization. REALTORS should recognize that the interests of the nation and its citizens require the highest and best use of the land and the widest distribution of land ownership. They require the creation of adequate housing, the building of functioning cities, the development of productive industries and farms, and the preservation of a healthful environment.

Such interest imposes obligations beyond those of ordinary commerce. They impose grave social responsibility and a patriotic duty to which REALTORS should dedicate themselves, and for which they should be diligent in preparing themselves. REALTORS, therefore, are zealous to maintain and improve the standards of their calling and share with their fellow REALTORS a common responsibility for its integrity and honor.

cedar city real estate good or bad

In recognition and appreciation of their obligations to clients, customers, the public, and each other, REALTORS continuously strive to become and remain informed on issues affecting real estate and, as knowledgeable professionals, they willingly share the fruits of their experience and study with others. They indentify and take steps through enforcement of this Code of Ethics and by assisting appropriate regulatory bodies, to eliminate practices which may damage the public or which might discredit or bring dishonor to the real estate profession.

Realizing that cooperation with other real estate professionals promotes the best interest of those who utilize their services, REALTORS urge exclusive representation of clients: do not attempt to gain any unfair advantage over their competitors; and they refrain from making unsolicited comments about other practitioners. In instances where their opinion is sought, or where REALTORS believe that comment is necessary, their opinion is offered in an objective, professional manner, uninfluenced by any personal motivation or potential advantage or gain.

The term REALTOR has come to connote competency, fairness, high integrity resulting from adherence to a lofty ideal of moral conduct in business relations. No inducement of profit and no instruction from clients ever can justify departure from this ideal.

In the interpretation of this obligation, REALTORS can take no safer guide than that which has been handed down through centuries, embodied in the Golden Rule,

”WHATEVER YE WOULD LIKE OTHERS SHOULD DO TO YOU, DO YE EVEN SO TO THEM.”

Accepting this standard as their own, REALTORS pledge to observe its spirit in all of their activities and to conduct their business in accordance with the tenets set forth below.

  • Protect and promote your client’s interests, but be honest with all parties.
  • Avoid exaggerations, misrepresentation, and concealment of pertinent facts.
  • Do not reveal facts that are confidential under the scope of your agency relationship.
  • Cooperate with other real estate professionals to advance your client’s best interest.
  • When buying or selling make your position in the transaction known.
  • Disclose present or contemplated interest in any property to all parties.
  • Avoid side deals without your client’s informed consent.
  • Accept compensation from only one party, except with full disclosure and informed consent.
  • Keep the funds of clients and customer in escrow.
  • Assure, whenever possible, that transactional details are in writing.
  • Provide equal service to all clients and customers.
  • Be knowledgeable and competent in the fields of practice in which you ordinarily engage.
  • When providing service in fields you are unfamiliar with, obtain assistance from a knowledgeable professional or, at a minimum, disclose your lack of expertise to your client.
  • Present a true picture in your advertising and other public representations.
  • Do not engage in the unauthorized practice of law.
  • Be a willing participant in the code of enforcement procedure.
  • Ensure that your comments about other real estate professionals are truthful, and not misleading.
  • Respect the Agency relationships of other REALTORS.
  • Arbitrate contractual disagreements with other REALTORS and with your clients.

Investing in Distressed Real Estate in Cedar City

investing in cedar city real estate

Real estate has always been and still is one of the greatest investment opportunities. Even with this, this industry is very risky and property owners sometimes find themselves in tricky situations without any idea on how to find a solution. This is where we need to come in and rescue them, and in return, you might find yourself being offered a nice deal.

At times, these problems occur due to simple missteps, but many are as a result of other factors. It could just arise one day out of the blue, or could have been festering for years. Below are some of the most common real estate problems people suffer from, that you need to be aware of when investing in distressed real estate in Cedar City.

1. Title Problems with Cedar City Real Estate

This is one of the major problems as the title holds the authority to that property making it hard to sell or get cash from it. Some problems are as a result of liens, taxes, deaths etc. Clearing this up is a mess and getting a clean title would open up a lot of deals on making money that others would pass over as difficult.

Though this may be music to your ears, clearing title issues could be time-consuming as there is a lot of negotiation required. Therefore, brace yourself for some lengthy talks.

2. Problems with Code Enforcement in Iron County

Code enforcement is a real struggle in some jurisdictions. The huge fines and the bureaucratic procedures can provide a mess on things. The only solutions would be to know your way through the bureaucratic process which can be daunting, even in a place like Cedar City.

3. Probate Problems

In real estate procedures, death before closure of the deal or transfer or property could lead to bad investment. It ties up the property for years especially where other family members as well as money are involved. If you have the knowledge on the probate process for Cedar City and Iron County or where you want to invest, this would help you become a good listener and negotiator which can lead to lucrative investments.

4. Fire Problems

There are other disasters that happen with and without control of the property owner, one of them being fire. Fire destroys anything in its way and can render the investment worthless. You should be able to solve this problem. Buy property as it is no matter the condition. This can only be done by those who are experienced in this as the new investors may find it difficult.

5. Trash and Junk

There are people who are hoarders and just do not throw away anything. They let things pile up for a long time. Over the years, they get embarrassed to do anything and just hide away as they hope the problem will go away after some time. For such people, be there to solve this problem. Do not be judgmental but just take the property as it is.

To get people out of their tricky real estate problems may not be easy. It will require patience as it is time consuming, and specialized knowledge. However the gains may surpass your expectations. Investing in real estate requires you to be a problem solver. Therefore, learn on how to be one and you will sure reap the rewards.

Photo Credit: Jeremy Levine