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2069 N Main Commercial Suites ~ Russ Anderson 3D Scan

Great visibility, easy access with ample parking. Space is finished with utilities paid by lessor.Fiber optic is cabled to building.

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Are You A Hero? By Paige Marsh

Are You A Hero? By Paige Marsh
Are you employed as a Firefighter, Military Personnel, Police Officer, Medical Professional, or Teacher? If so, you are one of the “Hero” professions, which qualify you for deep discounts that can be applied toward your closing costs. The Homes For Heroes program was started as a way for the real estate community to thank people who spend their daily tasks in hero capacities.

What this program can do for you is give you a monetary credit back to you at closing that can be used toward your closing costs whether you are buying or selling a home. Depending upon the sales price of the transaction, this can save you a few hundred or up to several thousand dollars.

This is a terrific program that is important to use if you are employed as one of these professions. To get more information or to sign up to use one of the Homes For Heroes Affiliate realtors, please visit https://www.homesforheroes.com/.

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Do you really know Brian Head?

HOW BRIAN HEAD CAN BENEFIT YOU by Paige Marsh

Brian Head, Utah, is the most popular ski resort destination in Southern Utah. People come from all around the region to stay and play. Brian Head offers not only downhill skiing, but snow-shoeing, snowmobiling, and cross-country skiing in the winter months; and hiking, mountain biking, fishing, four-wheeling, and day trips to nearby Zions and Bryce Canyons during the summer months.

The town of Brian Head has approximately 118 permanent residents. However, on any given weekend that population could multiply exponentially depending on the time of year. Brian Head is home to hundreds of cabins, and countless condos. With the mecca of attractions that Brian Head offers, owning one of these pieces of real estate could be quite profitable.

Condo’s carry a smaller purchase cost than do cabins in the area, however they do come with monthly HOA fees that should be taken into account. The fee depends upon the community and the size of the condo. They range generally from the mid $200’s and can go up to the high $600 range. This can seem extremely steep, however, you can also rent these units out for anywhere between $80 – 250 a night depending on the time of year AND day of the week. Renting the unit a few days a month can potentially pay the HOA fee for you. Many people like to purchase these units with cash so the only payment they have to worry about is the HOA fee.

Cabins carry a much higher purchase price; however you do not have an HOA fee to contend with. You can also rent these properties for much more than you do a condo. Cabins rentals will run anywhere from $250 – $425 a night again depending upon the time of year. One of the biggest attractions for rentals is how many people the property can sleep, so the more beds you have available, the more traffic and activity you will have with your rental.

If you are interested in learning more about the potential benefits of owning a piece of Brian Head real estate, give me a call and I can get answers to your questions. Thanks! Paige

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INTEREST RATES BACK DOWN by Paige Marsh

INTEREST RATES BACK DOWN by Paige Marsh

If you are on the fence about whether to pursue buying or building a home this year, look to the current interest rates for your answer. From a recently published table sent to me by a lender friend of mine, the first quarter of 2015 has a current average rate of 3.72%, which is a whopping 3.5% lower than the 30 year average.

(see http://www.mediacenternow.com/temp/15678_2.pdf?gd=56cea3d9-c60c-4ba9-aa8d-ba8f0046b3ee)

Looking at this rate versus the 5.87% interest rate from 2005 (remember when THAT was a good rate??), you can see why this is such a terrific time to lock in payments for a 30 year mortgage:

Purchase price of $200,000 with a 20% down payment:

Loan amt $160,000 at 3.72% P&I only: $739 per month
Loan amt $160,000 at 5.87% P&I only: $946 per month

You can see how that is a savings of over $200 a month. Would you rather pay $739 or $946 for the EXACT SAME HOUSE? This is a really good thing to consider right now as it has been projected by some financial analysts that the interest rate could increase to 5% by the end of 2015. If this does become the case, then you really could be faced with the scenario of deciding whether you want to pay $739 or $946 for the exact same house. The only factor that will determine getting the lower payment will be your timing. Purchase sooner and guarantee getting the better rate. If you wait, you could possibly be throwing a few extra thousand dollars away each year in interest charges. I can think of many different ways that I could better spend that extra money – like a family vacation!

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WHY 2015 IS THE YEAR TO BUY

WHY 2015 IS THE YEAR TO BUY by Paige Marsh

I recently listened to an online clip of a CNNMoney news report interviewing the Secretary of Housing & Urban Development. To sum the video up, monthly home rental fees are rising faster than wages across the country. With the increase in rents being charged, homeownership is becoming a more cost-effective option for Americans. Recent changes in some loan programs, like the reduction in mortgage insurance announced for FHA loans, are making way for more home ownership opportunities.
The Secretary confirmed that several years ago it was too easy to get a loan, and now lenders have overcompensated making it too hard to get a loan. The best example of this is the reminder that Ben Bernanke, the former head of the Federal Reserve, announced last fall that he had been denied a refinance loan for his current home.
Some loan programs are now being tweaked just a little to allow a bigger pool of
previously unqualified buyers to engage in home ownership. They are not trying to repeat the same mistakes of the past, but trying to make the conditions fair to all potential American homebuyers. These factors, along with the terrific interest rates we are enjoying at this time, make a powerful tool for potential homebuyers to use to purchase a home this year!

http://money.cnn.com/video/news/2015/02/02/romans-2015-year-to-buy-a-house.cnnmoney/index.html?iid=ob_hp_video&iid=obnetwork

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IMMEDIATELY SEE HOME PRICES

IMMEDIATELY SEE HOME PRICES by Paige Marsh

Have you ever driven by a home with a For Sale sign staked into the ground and wondered how much the Sellers are asking for it? If you are a potential homebuyer then it is safe to say this scenario has presented itself to you more than once or twice. However help has arrived!

There is a new App available to homebuyers that will give you the information on any MLS listed property/home by just simply being physically in front of the property. The information is immediate and accurate as the app is tied directly to the MLS. This will save you frustration from having to look up the address online later hoping that the information is up-to-date and accurate. (which is not always the case)

The app can be downloaded to any smartphone and is functional as long as you have your GPS locator on. The app will coordinate your location with the homes listed on the MLS and be able to tell you pertinent information about the home you are standing right in front of.

If you are interested in getting this free app, just text “UTHOME328“ to 32323 and you are seconds away from beginning your own independent neighborhood search. If you have any questions about this please contact a member of The Bird Team – Paige Marsh 435-531-9061 or Scott Bird 435-590-7106. Happy house hunting!

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How do interest rates effect your purchase?

How do interest rates effect your purchase?

There are 5 financial components that every buyer should consider when purchasing a home: Purchase price, down payment, interest rates, taxes, insurance and home owners association (if applicable). Together these items produce a total payment. So how does the interest rate impact the total payment?

The interest rates can impact the payments considerably. Today, Interest Rates (IR) are close to 3.75% for a standard FHA loan. On a $150,000 purchase price with 5% down ($7,500), the principle and interest payment is $659.94. Six months ago, interest rates were 5.58% the same scenario, changing only the IR you payments are now paying $816.27, a $156.33 difference.

As the interest rates adjust, so can the type of home you purchase. As long as the prices remain the same, you may be able to find yourself in a larger, nicer home than you otherwise could have afforded. If the higher payment of $737.23 is within your budget, you could look at an increase now in your purchasing power. Instead of purchasing a $150,000 home, you can no consider an $185,000 home.

Home values will tend to incline as the inventory is low and if the interest rates remain low. For those homes priced under $130,000 there is a huge demand as inventory has dropped. There are only 42 active single family homes in the Cedar City and Enoch areas and 36 pending.

What loan program is right for you? There are many different types of loan programs out there. Depending on your credit score and debt to income (DTI) ratios, your lender can advise the best loan program that’s right for you. Popular programs include FHA, USDA (100% financing), Conventional, VA.

Is an adjustable rate good? Adjustable rates for the typical borrower is a bad idea. These programs typically start out with lower rates and then adjust to the rates at a future date. With rates extremely low right now, the best thing you can do as a borrower is lock that rate in and make sure it doesn’t change.

How low are our current rates? In 1980, interest rates reached an alarming 20%. Using the scenario above ($150,000 loan) with a 20% interest rate, your payments would reach $2,381. For the past 4-5 years, the rates have remained extremely low.

What does the term “point” mean? Often times, we hear things like, you can buy down your rate with discount points. As Bank of America has described, points are upfront fees paid at closing in exchange for a reduced interest rate. Read entire example by clicking here. A point is equal to 1% of your mortgage amount (or $1,000 for every $100,000). You’re essentially paying some interest up front in exchange for a lower interest rate over the life of your loan.

Should I hurry and buy a home to take advantage of the low interest rates? That’s a difficult question to answer. I would never suggest anyone get into a financial situation that he/she could not afford or if the timing is not right. Depending on a borrower’s situation in life (family, student, dependents, career, and goals) will greatly depend on the decision to buy or to rent. I personally support and agree with home “ownership”. I recommend talking to a Realtor who can help walk through your scenario with you and help you decide if purchasing a home now is the right decision.

When you look at your purchase, remember the strength you have with low interest rates. By working with a reputable lender and realtor you will receive the best advice for YOUR situation not theirs. In most cases, your interest rates should be locked for the term of the loan. Adjustable rates can be your worst enemy. Rates won’t stay this low forever so be cautious and smart as you proceed with your next purchase.

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How To Use Caulking to Winterize

Written by June Holder. Sometimes I have to do the winterizing of windows, doors, etc.; so I have found that the best way to do something is to just do it!  So here are some guidelines that have helped me.

  1. Finding the correct products best for the job will save you time and money.  For outside winterizing, use silicon-based caulk making sure it is paintable.  Make sure you ask the store workers which kind would work best for different projects, and be sure to include the caulk gun.
  2.  Upon reading the label, you will see that using silicone to the fullest potential needs to be applied above 45 degrees.  Allowing it to dry completely before the temperature drops is best and while the weather is dry.
  3. Removing old caulk by scraping off all of the dirt with a scraper/screw driver/or putty knife and washing and drying the surface will ensure a better stick for the new caulk. 
  4. Make sure the surface is repaired of any rotten wood or breaks before proceeding.  Often it takes more time to prepare and prep the area to be caulked than it does to do the caulking.
  5. By following the instructions on the caulking tube, you will be able to insert it into the caulking gun in preparation to begin the job.   By cutting the tip of the tube in an angle of ¼” back, allows for a small bead of caulk to be controlled easier.  Ensure you do a continuous bead of caulk , making sure it is thick enough to fill the gap needed.  Use a cloth or rubber glove to go along the bead slightly pushing to make a groove and making sure you cover all that is needed.  Sometimes the caulk may not hit the edge just right, so using your finger to guide the caulk helps.  You may need to back off the trigger of the caulk gun a bit to keep the caulk from pushing out after you are done.

 Good Luck!!  It isn’t that hard, as you get started and work with it a little more, you will see how to make it look the way you want.

 

 

 

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Update On Improvements in Brian Head

Written by Tamara Semick. As fall has approached us, this is an update of the improvements in Brian Head. The town has added the new addition of the pond, which will serve ice fishing, ice-skating for this upcoming winter. We have also welcomed Red Canyon Yoga to Brian Head, a great addition, offering yoga in this beautiful setting. As I write this they are receiving their first of the year snow fall. Brian Head changed ownership last winter, and are definitely, in my opinion, bringing great things to the resort! The marketing team is successfully reaching an audience we are excited to have. They have appropriated $3.5 million dollars into remodeling both resort buildings, adding 3 new parks, a new tubing hill to the main lifts with a magic carpet ride, and are preparing for the new flow trail for next summer. With all the new additions this is a great market still to purchase real estate, at still record low prices. Condos are as low as $25k, and breathtaking cabins, facing the slopes in a valley of views for $260k. Great options to invest with a good ROI for vacation rental properties. You can buy a year around get-a-way, and maximize your investment with offsetting expenses by placing it on the rental pool. Nice way for you to enjoy your property, yet still capture a return. Brian Head is a boutique resort offering all seasons. Brian Head is family friendly resort, low cost lift tickets & activities, & not the crowds & lines. As the leaves are changing, so are the great things coming to Brian Head. Southern Utah Vacation rentals offers great deals on vacation rentals if you are planning to come & stay. Visit www.come2brianhead.com to see our vacation rentals & specials. Let us show you all the beauty you can find in this gem of a resort.

What Our Customers Are Saying

Great experience with Kelsea Burton

Kelsea helped us buy and sell our homes this summer. It was our first time selling so we had a million questions about the process and she answered them all with patience. Answered calls every time and always kept us updated. We got great deals on...

whitney bladen
Kelsea went above and beyond

Kelsea Burton went above and beyond to help us not only sell our home but also find our dream home! She handled any and all bumps in the road (that come with the process) with ease and because of that it was smooth sailing! (Or smooth selling! ;))...

Kylie Burton
Amazing Realtor

Kelsea is wonderful to work with. I would highly recommend her. She is sweet and knowledgeable and there when I need her.

Michelle Harrington
Thank you Shelby

Attn. Shelby Smith,

First, my son, Jim, and I wish to express our sincere gratitude for your counsel and information regarding inquiry of properties of the Cedar City area. We appreciated the personal friendliness and helpfulness of our vis...

james melching
Realtor Extraordinaire!!

We recently sold our home with the help of Marilyn Teed. She made the process very easy for us. She went above and beyond anything we expected from a realtor. As we were busy getting settled in our new place, she took care of many incidental thing...

Rick and Dianne Hadlock
Knowledgeable, Reliable, Trustworthy

Kelly Adams is an amazing Real Estate Agent. He is professional, trustworthy, patient, and extremely knowledgeable about housing options in the area. We were moving across country and he worked tirelessly with us. We ultimately felt very comfortab...

Sarah Brock
Excellent Experience!

We bought our home with Jason Spencer and had an excellent experience! Jason was very helpful through the entire process! He was always available which was very helpful as we were moving from out of state. We would definitely recommend Jason and S...

Travis and Keli Allen
Kelly Adams

Kelly did a great job helping us purchase some real estate!
He was prompt with good follow through for our
questions and concerns.

Eric Muller
Steve Barnes answered all our questions

Steve Barnes was extremely instrumental in us finding and buying our home! We were moving across the country and only had a few days to find our forever home. Before we came out to look at homes Steve answered all our questions and would hunt down...

Sarah Black
Honest and hard-working

Kelly Adams has been an amazing realtor! He is honest and hard-working. I know he had several other clients while he was selling our house, but it felt like we were his only client. He was very attentive. He respected our privacy and gave plenty o...

Tyree Jensen

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