Cedar City Real Estate

Property taxes

Gin — Mon, 08 Feb 2010 23:57:44 +0000

Next to your mortgage payment, property taxes will likely be one of your largest expenses when you buy a new home. Potential buyers are often very interested in learning what their annual property taxes will be on a home they wish to purchase.

The previous year’s taxes should be included on the property listing sheet. Otherwise the seller should provide a copy of their tax receipt. Of course, tax rates change from year to year, so the previous year’s taxes will only offer a ‘ballpark’ figure. For a more accurate estimate, contact the town tax assessor. While property taxes can be substantial, it is important to remember that you will likely receive a tax deduction for a good portion of the total amount. Provided by ERA franchise.

If you are interested in learning more about property taxes, I would be glad to set up a time to meet with you.

Extension of tax credits

Gin — Mon, 08 Feb 2010 23:21:55 +0000

The government has extended the $8,000 and $6,500 tax credits for first time home buyers and home owners until April 15th 2010.

2nd home loans

Gin — Tue, 02 Feb 2010 18:02:15 +0000

Effective for new registrations on or after 02/05/10, the maximum LTV for second homes will be increased to 90% for Conventional Conforming purchases.

P&I Fixed and ARM products (excludes IO and 3/1 ARMs)
Loan amounts < $417,001 only
Purchase transactions in Stable/Soft Markets only
SFD and PUD-detached property types only
720 minimum recommended credit score

If you received this email, you are in a Stable Market.

Steve Florio

Mortgage Advisor

ERA Mortgage

Southern Utah, Mesquite NV

435-640-0364 / cell

435-635-1504 / office

435-635-1662 / fax

steve.florio@mortgagefamily.com

Discount for Ski tickets

Gin — Sun, 31 Jan 2010 01:16:56 +0000

Fill up your car or 8 gallons or more at KB Express on West Main and receive a 1/2 off discount coupon for a savings of $23.00! on a daily lift ticket. I have missed the past $15.00 dollar Tuesday available to locals, but this is pretty great deal also.

Predicted interest rate increase

Gin — Sun, 31 Jan 2010 01:12:04 +0000

Indications of interest rates rising are predicted for late this spring. We still have great inventory to choose from and the government incentives are scheduled to be available through March. They are $8,000 for new buyers and $6,500 for past owners of homes that have lived in their home for 5 consecutive years.

Best time to put your home on the market

Gin — Sun, 31 Jan 2010 01:08:10 +0000

We are going in to a traditional home marketing period. As the spring season comes it is a good time to consider the “spring-clean” of your home and some sprucing up of your yard and entry. Contact us for further tips on preparing for marketing your home 435-559-3722.

A spa experience for your pet

Gin — Sat, 23 Jan 2010 20:39:36 +0000

Now open is The Paw Spa located off of Airport rd., offers boarding, grooming, training and daycare for your pet. A clean unique place with a live feed so you can view your best friend away from home. Owners Gary and Dr. Julie Smallwood are animal lovers themselves and have provided a wonderful place for your pets.

The Grand Lodge @ Brian Head Resort

Gin — Thu, 21 Jan 2010 17:31:13 +0000

Have you visited this newly remodeled Lodge @ Brian Head? The new owner Mr. Leany does everything “first class” simply because he himself is a first class individual! Excellent packages are ready for you and your family to enjoy A variety include a romantic get-away spa experience and of course ski packages. A top Las Vegas Chef was brought in to head up the restaurant staff. Leany’s steak house will rival any other specialty restaurant in the area. Come enjoy the Grand Lodge for dinner or a ski get-away.

$38,888!! for 1/2-3/4 acre lots, five available

Gin — Thu, 21 Jan 2010 16:54:45 +0000

Why be in the windy south end of town? Sunrise Meadows is located 1 mile North of Flying L ranches. Big, new reduction! improved, build ready 1/2-3/4 acre lots now starting at an amazing price of $38,888. This subdivision has unique cul-de-sac areas, all lots offer views. City water, sewer, paved roads and sidewalks. Short distance drive to town, less than 5 minutes to new elementary school. Two new homes are built and ready for purchase in this new subdivision or we can build your new custom home whether you need a retirement home or large family home. No modular homes or animal rights to maintain your great value. Call Rich for current prices on multiple lot purchases for a great future investment 435-559-3722.

Importance of being pre-approved

Gin — Tue, 19 Jan 2010 17:09:10 +0000

Applying for a pre-approval from a lender is a quick and easy way for homebuyers to increase appeal with sellers. A pre-approval is an agreement from a bank or mortgage company to provide a loan up to a certain amount for the purchase of a home. While the lender commits to providing a loan, the buyer is under no obligation to use that company. If presented with a more attractive loan offer, the buyer can elect to use another lender without paying any penalty or fee.

Sellers prefer to work with buyers who are pre-approved because they know they are serious about purchasing a home and will not waste their time. An added benefit of being pre-approved is that it provides buyers with the peace of mind of knowing they are looking for a home they can afford and they are not spending beyond their means.

If you would like to learn more about the value of being pre-approved, I would be glad to provide you with additional information.