Localism: Tooele County, UT

Wonderful Home in Tooele County

Wed, 26 Nov 2008 10:38:10 -0600

Wonderful home in great neighborhood! This home features vaulted ceiling, hardwood floors, updated kitchen and best of all, 5 rooms upstairs!! Also features, Master Bath and unfinished basement to grow in. Located on a quite street in a great area. This home has been well cared for and is ready for you to move right in. Easy to see, call for a showing

Tooele Foreclosures & Pre-Foreclosed Homes !

Mon, 10 Nov 2008 11:25:22 -0600

If your looking for Tooele Foreclosures or Pre- Foreclosured Homes, this information should be helpful and give investors and Home Buyers alike a feeling of confidence about the health of the housing market in Tooele County .

Compare the major home selling areas of the County, Stansbury Park, Grantsville UT, And Tooele City, with any 3 Salt Lake City areas and you can see that not only is Tooele a nice place to live, less expensive, but less bothered by the "Housing Bubble"

This report will give you a snapshot of what happened with homes in the Tooele County market over the last 30 days that are considered foreclosures or those homes about to be foreclosed on. IE: Distressed Homes, Bank Owned Homes, HUD Homes, Corporate Owned Homes, Homesteps, REOs, or Short Sales.

Tooele County Foreclosures & Pre-Foreclosed Homes:

Total Homes listed for Sale: There were 564 homes listed for sale in Tooele. Sixty one of those are Bank Owned, HUD, Short Sale or some other distressed home identifier. This represents less than 11% of the homes for sale in Tooele County. Prices range from $102,000 to $399,000 with a median price of $199,500.
Distressed Homes listed last Month: 12 were listed last month. From a 3 bedroom Rambler in Stansbury Park for $115,000 to a 3 bedroom 3 bath two story home in Tooele City for $319,900.
Under Contract: Last month 6 of these homes were placed under contract.
Average Price of Tooele Homes Under Contract: The average price of those 6 homes was $167,833
Home Under Contract Location: Stockton UT, & Tooele City each had one contract. Grantsville Ut led the list of Bank Owned, HUD Homes, Short Sales "under contract"with 4. No contracts were written on homes for sale in Stansbury Park last month.
Median Price of Houses/Condos Under Contract : $132,500,000 Dollars.
Homes Sold: There were 3 distressed homes sold last month in Tooele County.
Average Price: The average price of the foreclosures and pre-foreclosed homes sold last month was $169,300.
Median Price of Foreclosures Sold: $145,000 dollars was the median price of houses sold last month as distressed.
Location of Foreclosures & Pre-Foreclosed Homes Sold: Of the 3 homes sold last month, 2 were sold in Tooele City, and ! in Stansbury Park.

To see all of the listed homes for sale, stop by our website @ Tooele Homes for Sale and get prices, pictures, maps and home information sometimes before other Realtors do.

If your an Investor, a home buyer, or just someone that is thinking of moving to Tooele County, and want to take advantage of the best Real Estate buyers market we've seen in years, give us a call at 435-840-5029 and we can discuss whether you should be looking for Tooele Foreclosures & Pre Foreclosured Homes.

Daily Bond report for Tooele and Salt Lake Utah

Mon, 28 Apr 2008 15:27:33 -0500

Monday, April 28, 2008

Without any real news to sink our teeth into today, traders will be alert for anyone who sneezes the wrong way to decide which way to invest. With that being said, Warren Buffet spoke out today on how he not only believes that we are in a recession, but that it will be much more severe than most expected. When the world's richest man speaks, more people listen than those in the old EF Hutton commercials. Oil is making the news as usual with the price per barrel creeping up once again to $120. Bonds are doing pretty well today up 34 Bp for the day. With most investors now keenly eying Wednesday's rate decision, expect the market to move more on innuendo and suggestion until then. As always, if anything changes I will let everyone know.

Karl Menzer

435-849-0212

http://www.karlmenzer.com

Benefit Concert

Thu, 17 Apr 2008 15:08:03 -0500

Saturday, April 26^that the Tooele High School, the Tooele County Board of Realtors® is putting on a concert to benefit our homeless population in Tooele County. Although it may not seem it, we have a growing number of people in our community who have become homeless. The concert will start at 7:00 pm. Playing will be The KAWZ and Veign. You can purchase tickets in advance from Robin Stewart (435-224-2122), or at most Realtor® or mortgage office. Ticket prices are $7.00 in advance and $8.00 at the door.

You can also call me for more information.

Karl Menzer

435-849-0212

http://www.tooelehomeloans.com

100% Financing in Tooele Utah

Thu, 17 Apr 2008 11:56:12 -0500

It's been almost 2 years since the collapse of the first mortgage company listed on the implode-o-meter. Own it Mortgage (one of the first big boys) failed a little over a year ago, touching off the "official" mortgage crises. With so many out of the picture today (Washington Mutual being the most recent), it is easy to understand the increased documentation requirements, capped loan LTV's, and all but A paper loans becoming the norm. The latest casualty of this mess is now the 100% financing programs. The interesting thing is that the change didn't come from the lenders, but rather the companies that insure them. MyCommunity, HomePossible, and the Flex 100 are the latest programs to be essentially removed from the picture. Loans to 100% are still available to those who know where to look. FHA (although technically a 3% down program), can still, with a proper grant, essentially be closed with little to no money down. USDA is an option for those in a rural area (all of Tooele County), and VA still allows 100%. There is much more on this that I can't cover today, but please feel free to call and I will be more than happy to go over what is still out there and what is now needed to qualify your clients.

Number of lender who have shut their doors over this: 249

as always, if you jabe any questions, please don't hesiatate to call or e-mail me at 435-849-0212 or karl@karlmenzer.com

Karl Menzer

http://www.buyatooelehome.com/