It would certainly appear that doomsday is at hand for the ridiculous sub prime lending market. Today, Countrywide was mentioned as being in hot water as a result of their many holdings in the sub prime market.
I must confess that I find it hilarious that many sub-prime lenders are begging for a government bailout, like the ones quoted in the Countrywide article above. How fair would it be for the government to bail out them and not the thousands who these same banks foreclose on each month?
How to List your Home on the MLS Free
This will be the first of a series of information on ways to save money when buying or selling a home. While I am a licensed real estate agent in the state of Utah, I encourage people to always buy homes for as little as possible, even without an agent if ability and circumstance permit.
Perhaps one the best places to approach when thinking of selling your home is IggysHouse.com. They allow you to post on the MLS and on Realtor.com absolutely free of charge. While they naturally encourage clients to use some of their sister companies paid services, they are still hands down one of the cheapest ways to list your home if you plan to sell by owner. (Can’t really beat free now can you?)
While still a new service, you really have nothing to lose by trying them. If the MLS listing fails to yield a buyer, you can consider other options for selling your home quick.
Hi, as you have likely read on my site, I am a licensed Real Estate Agent in Provo, Utah. I specialize in Investment real estate both for myself and for my clients. If you are located in Utah, particularly Utah county, chances are I can find you several properties worth investing in. I also offer out of state clients a variety of services including notification of deals found on the MLS, property management, and digital tours of properties (even For-Sale-By-Owners) for those unable to visit the property themselves.
If you have any questions about real estate in Utah, investing, or just need a good referal to someone competent please feel free to call me.
Many are finding themselves struggling under a Second Mortgage here in Utah, as well as across the nation. Few realize that they can very easily pay down that mortgage with a loan at a much lower interest rate, as little as 6%.
Even Utah Community Credit Union is offering a 6.75% rate on a ten year loan with many closing costs waved.
In an effort to increase recruitment, the United States Army is exploring a proposal that would allow new recruits to accrue up to $45,000 over the course of their enlistment, tax free, towards the down payment of a home. With Veteran benefits already offering generous loans to veterans, it is certainly easier to buy property as an enlisted man.
But is it worth it?