Utah Discount Agent Blog

Amazing Short Sale In Utah Guide

The ins and outs of buying or selling a short sale in Utah are challenging, even for most real estate agents. Here are the answers to buyer's and seller's most common questions about short sales.

What Is A Short Sale?

A Utah short sale happens when a homeowner experiencing difficult financial times requests their mortgage lender to accept a purchase offer for less than what the borrower (homeowner) owes on the property.  The bank agrees to accept the offer, forgiving the difference between the sale price and the remaining mortgage balance.

The difference between what is owed and the price the bank agrees to is the amount the seller is short.

For example, if the seller purchased a Salt Lake City home at the height of the real…

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Best Utah 1031 Exchange Step By Step Guide

Navigating the Utah 1031 Exchange process can be intimidating. Here are the steps necessary to defer capital gains taxes on real estate.

Understanding the 1031 exchange process is confusing, even for experienced investors. Capital gains taxes are high, so you should do plenty of research before starting the exchange process. Lucky for you, as a real estate investor and full-time discount real estate broker, I have the answers to the most common 1031 exchange questions. 

You will learn about the transactional steps involved in a 1031 exchange, the different types of 1031 exchanges, what kinds of properties qualify, mandatory deadlines, what a boot is, and more.

After reading this article, you will be prepared to navigate the exchange process,…

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Real Estate Appreciation Rate Salt Lake County [2012-2022]

Which city experienced the highest real estate appreciation rate in Salt Lake County in the past decade [2012-2022]? Here's a hint, it's not on the east bench.

Salt Lake County's real estate market has experienced explosive appreciation for the last ten years.  Of course, some areas have appreciated much faster than others, but most homeowners in every SLC city should be sitting on hefty equity gains. 

If you're looking to buy a home in the fastest-appreciating areas, this resource will help you determine where to invest your hard-earned money.

While the past can not predict the future, it does provide valuable insight. We gathered home sales data from every city in Salt Lake County to determine which areas appreciate most. The results…

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Utah Home Buyer Cost and Fees

A Utah home buyer needs to understand all the real estate costs. Here is a list of the most common costs home buyers should be prepared to pay.

All the fees of buying real estate can add up fast.  As a Utah homeowner and full-time discount realtor, I know how expensive real estate transactions can be for a Utah home buyer.

This article will help you understand closing costs, real estate agent commissions, lender fees, down payment assistance programs, earnest money deposits, and more.

After reading this article, you will be financially prepared for the inevitable expenses of buying a home and how to avoid some of the unnecessary fees.

Cost Of Buying A Home

Down Payment

An upfront payment to the lender at closing is based on…

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Pepperwood Sandy UT

Pepperwood Sandy, UT, HOA and homes for sale.

The Pepperwood neighborhood in Sandy, UT was established in 1973 and embodied gated luxury in Salt Lake County. With around-the-clock guarded gates to ensure the privacy and security of its residents. This massive development has nearly six hundred single-family lots across 477 acres. The residents enjoy spacious streets and abundant amenities such as a common area with a pavilion, a massive swimming pool, a hot tub, a splash pad, a playground, and sports courts. Experience the best in community living at Pepperwood.

All Pepperwood Homes For Sale

Founders Of Pepperwood Sandy, UT 

On August 29, 1973, Charles H. Horman and M. Gordon Johnson signed and filed the Articles of…

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Best Home Loans In Utah Guide [Loan Officer Interview]

Everything you need to know about home loans in Utah. 

Understanding home loans in Utah can be challenging and intimidating, especially for first-time home buyers. However, as a local homeowner and full-time discount real estate agent, I recognize the need for a better mortgage guide than most real estate agent websites offer.

This interview will explain the best loan types, the home loan process, how to lower your interest rate, and why you should avoid cash bank deposits. 

After reading this article, you'll know the right questions to ask your loan officer and how to avoid typical mistakes homebuyers make during a home loan process.

This is an interview with an experienced local Loan Officer, Daniel Paris.

What Is A Loan…

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Best Guide To Utah Home Buyer Rebates

Utah home buyer rebates are a great way to have a local agent represent your best interest while saving on the commission. 

Utah home buyer commission rebates are a great way to save money when buying a home.  As a homeowner and full-time discount real estate agent, I recommend using an experienced agent that offers a rebate.  I've been offering agent discounts for 17 years.

This article will show you how commission rebates work, if rebates are legal, what you can use your rebate for, and if rebates are taxable income. 

After reading this article, you will learn how to save your family thousands of dollars when purchasing your next house.

What Is A Home Buyer Commission Rebate?

A home buyer rebate is the legal sharing of the commission…

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19 Incredible First Time Home Buyer In Utah [Realtor Tips]

Any first-time home buyer in Utah will have plenty of questions about where to start.  Here are the answers to the most common questions agents hear from home buyers.

Being a first-time home buyer in Utah is a complex process to navigate.  As a homeowner and full-time discount real estate agent,  I understand how stressful buying your first home can be. So I wrote the article I wish existed when I bought my first house.

You will learn about the different home loan options, down payment assistance options, how to find the best realtor, contract deadlines, and when you get the keys to your new home.

After reading this article, you will know how to make your home-buying experience as smooth as possible.

There are a lot of costs when buying…

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Pro Guide To Real Estate Commission Utah

Real estate commissions in Utah can be confusing to home buyers and sellers.  Here are the answers to the most common questions agents receive about Realtor fees.

Fully understanding real estate commissions in Utah can be a very confusing process. If you're anything like me, you are doing plenty of research before deciding which agent fits you. As a homeowner and full-time discount real estate agent, I'm providing you with the answers to the most common questions about Realtor fees.

You will learn about discount agents, real estate agent commission rebates, brokerage splits, who pays the commission, and more.

After reading this article, you will be prepared to ask any agent, associate broker, or broker you interview the right questions about…

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23 Tips Meth Testing Utah Homes [Meth Specialist Interview]

Meth testing Utah homes should be a top priority for every buyer. Here are the answers to the most common meth contamination questions.

Methamphetamine contamination is a huge problem in real estate.  As a homeowner and full-time discount real estate agent, I always recommend meth testing Utah homes before the buyer's due diligence deadline.  Test every house every time!

You will learn how to test a home for meth, what levels of meth are considered safe, and how to decontaminate the home if the test levels are above the legal limit. 

After reading this interview, you will understand how big of an issue meth is in Utah and how to protect you and your family when purchasing real estate.

This is an interview about meth testing Utah…

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