Ski In/Ski out…the perfect getaway condo in Brian Head. Close to the top of Navajo Ski Run you can enjoy the day on the slopes, tubing hill, cross country skiing and then relax in front of the fireplace in the evening. Enjoy the views and scenery from the deck. Three bedrooms and the loft provide room for family and friends to enjoy beautiful Brian Head and surrounding areas.
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Stratum Real Estate ~ Amy Smith 3D Tour
Beautiful home with lots of upgrades. Open kitchen with granite countertops, stainless appliances , tons of cabinets with built in desk area and wood floors. Large Laundry Room with lots of cabinets, granite counter tops and storage. Large master suite with walk-in closet, master bath with jacuzzi tub, walk-in shower, double sinks, tile flooring and marble countertops.
4756 N Santa Fe Trail ~ Jesse Brown 3D Tour
Recently remodeled home with luxury upgrades including appliances, granite countertops and new kitchen cabinets. New garage door and french door from kitchen to deck. New water heater.
356 S Hwy 143 #P-3 Brian Head, UT 84719 ~ Scott Bird 3D Tour
Fully remodeled in Brian Head. Everything is new! This condo is the perfect size for the family with 2 bedrooms & 2 baths & one of the best views on the mountain. Just the place to gather family and friends and enjoy the beautiful area and get away from it all.
1177 N Northfield RD #35 ~ Scott Bird 3D Tour
1782 E 2900 N Paragonah ~ June Holder 3D Scan
Breathtaking views in all directions for this 4 bedroom/2 bath cabin with 2+ car garage w/gas fireplace. Lots of potential in so many ways with this 40 acre parcel on it’s own well w/1 AFW. Well/pump system large enough to service 2 cabins; large Generator wired from garage to Cabin for electricity.
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.
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.
To Buy or Not to Buy?
To Buy or Not to Buy?
This time of year there is so much to do. The list seems to go on forever and next year we will have to start in January just to be able to get things done. But could you possibly fit in one more item on that long list? A decision that may affect you way after the holidays have passed is – Is it time to buy a house? What, you say to yourself. How could you ever think of something like that at a time like this?
Let’s consider the following: Sellers who are willing to list their home during the busiest time of the year are the sellers that really need to sell their home. Buyers can take advantage of this rush, whether it is as an investment property or a new place to call home. It sounds like a no-brainer. Sellers want as many offers as possible, as fast as possible and they are ready to negotiate.
There are still strategies you can use to obtain your dream home. If you do not find a home that fits you, you may be able to tap into homes that do not have a for sale sign in their front yard. First find a creative real estate agent to help you find the home of your dreams. Ask your agent to look up expired real estate. Your agent will be able to research the current status of the home and why the listing expired. On the opposite end, ask your professional to check and see if there are any homes coming soon onto the market. Your agent should have a network of other real estate professionals and brokers to get this information to you. Ask your agent to send out letters to your desired neighborhoods stating that you are in the market to purchase a home, and ask if they are interested in selling!
If the timing for you is NOW, don’t let the lack of inventory keep you from looking. Make sure you are hiring the right Realtor. Realtors are not magicians. They can’t make what is not currently available, become available. But a good Realtor will be able to find what is not currently available and see about making it available.
Why is now the right timing for a purchase? Many personal factors come into play so I’ll let you answer those questions. One really good reason why now is a good time, is because rates are still really low. A home owner can still lock in a 30 year fixed rate mortgage for around 4%. The rates have been low for quite some time and I think many anticipate rates will remain low in effort to keep the economy from collapsing. If the rates start to hike up, the amount of home you can afford will decrease.
As everyone’s situation is different, it’s extremely important for anybody looking to make a real estate decision, to consult with several professionals. A Realtor being one of those professionals. Explain your situation, your goals and your estimated plans for the next several years. Your hired professionals will provide market information that will allow you to decide if it is time to buy or not to buy.
Scott Bird, Realtor The Bird Team
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.
- 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.
- 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.
- 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.
- 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.
- 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.