This is the true story of us building a real estate culture & running to the summit of your own American Dream! MTN BUFF comes as a real estate brokerage based out of Eden Utah. Known as your mountain real estate experts we want to empower YOU in every real estate transaction. How we choose to respond to a storm is the line that separates brave adventure & fear. When we look at the storm brewing in the mountains we have two choices. The first choice is to see the storm, sense the pain coming, and run away. This choice prolongs your pain & suffering as you get caught inside of the storm for the MAXIMUM amount of time. This makes you a cow. You run away from life's storms. The 2nd choice. Less obvious. Less marked. Is to turn towards the storm and CHARGE it. To conquer whatever powerful test rolls over that summit. This makes you a Buffalo. MTN BUFF has a message to the world: Everyone has their own version of the American Dream & we are here to empower you to charge towards it.
The bigger issue is a mortgage late in itself will likely prohibit you from refinancing, even in a streamline type refinance program...regardless of the score. That just put them 12 months out.
I have never heard of hiring a real estate attorney in a transaction in Utah. On the listing side if hoping to get top dollar, how can you ever say you did get that if you didn't ensure it was listed for as many potential buyers as possible? That's the purest determination of value, when you price it correctly and get it in front of as many potential buyers as possible. And those that don't have access to the MLS data, and know how to use it to price other homes, will not be able to determine that potential value.
You hire a real estate lawyer and they handle the paperwork and then the bank from the buyers side schedules the closing! About as simple as that and look you saved yourself a few $$
I really like your content and wanted to express my admiration for what you’re doing. One suggestion is your videos are a little long/boring. Would hugely help to do an intro “in this video we’re going to cover x y - be sure to stay till the end for (special info or offer?). Then also when editing the video zoom in and out on speakers. Also, while so repealing about places, plug in pictures :)
But the buyer is also going to have to know, understand and agree to precisely how their agent will be compensated. Many buyers don't want to sign an agreement that says they may have to pay $10k+ to their agent at closing. It's a little messier than you're implying here.
The issue with the projection is we're talking about median sales prices. If we start seeing more new inventory hit the market, as Gov Cox hopes to push, we would naturally see more purchases in that lower range, simply due to higher inventories in that lower price range. Unfortunately its not easy to determine what appreciation is happening to individual homes. Sometimes a big development of similar homes or town homes can show that appreciation, but it still varies dramatically in different price ranges.
Absolutely, costs have really shot up recently! Staying on top of maintenance and upgrades is crucial in today's market. Glad you found our advice helpful! 🙌
“Should” matter and “actually does” matter are two different things. It’s a transaction between many times two non business minded people. Lots of emotions. I agree with you, but that’s just not reality.
One point you made during the Morgan segment sheds some light on the average/median sales price discussions. That showed that townhome number of sales, which are almost all new sales now. It would be interesting to see the number of existing vs. new homes. It's possible that the new construction costs have remained elevated, causing the new construction homes have pushed the median/average sales prices upward. In other states that disclose all sales, including private transactions, it seems like there is a little more data to figure out what appreciation is seen in specific home types and areas. If we get some relief in mortgage rates, encouraging people to move up from the lower price points, and we may be able to get a better picture of actual appreciation, rather than just median sales price data. Thanks for the update!
This episode is a game-changer for anyone diving into real estate! 🏡💼 Those 6 creative strategies? Total goldmine. Whether you're a seasoned investor or just starting out, there's something valuable here for everyone. Time to level up those property ventures! 🔑💰
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Apologies! 🙏 We encountered technical difficulties during filming. Rest assured, we're addressing the issues for smoother videos in the future. Thanks for your understanding!