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Utah Mortgage Rates In Tooele Going Up!!

Chris Sloan Tooele Real Estate: Real Estate Agent in Tooele, UT

Mortgage rates In Tooele County, Utah as well as around the country are inching up and in some cases they are more than inching, they are skyrocketing.

Homes for sale In Stansbury Park, Grantsville and Tooele UT became more costly to buy in just a few hours of Home Mortgage rate volatility last week.

To see what I'm talking about visit these blogs from our Salt Lake office.

Want a lower interest rate?

Mortgage rates increase, house payments up!

I hope you haven't been caught without a loan commitment or a home to apply it to.

Even though we have blogged about this almost every week, we are not going to say "we told you so" if you seem to have been left behind.

What we will say though is GET ON IT AND GET ON IT TODAY ! It may not be too late!!

Heres what to do!

Step 1. Call us today and let us know what you would like to have happen for you and your family, before the door of opportunity closes.

Step 2. Log on to our site (Tooele Real Estate) and begin to look for homes, read the blogs about buying a home in Stansbury Park, Grantsville, or Tooele City and pay attention to any article that you think could help you buy a home or Condo in Tooele.

Step 3. Either find a lender on our site, or call us @ 435-840-5029 and we will recommend someone we have worked with that we know will take care of you. START THE QUALIFICATION PROCESS!!!

Step 4. Get with us, get in the car, and lets find a home that you can afford, that you can love, and that will be a place for you to take care of your family.

You need to be ready, Mortgage rates will probably bounce around for awhile and you need to be in position to buy that home when all things are right.

This was originally posted on Chris and Bernas Tooele blog.

I Don't Understand Some Of the Real Estate Stats About Utah !

Chris Sloan Tooele Real Estate: Real Estate Agent in Tooele, UT

What Does It All Mean In Tooele ? Can I Buy A House ?

The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged today within its target range of 0.000-0.250 percent. The Fed also reiterated its plan to support the mortgage market to the tune of $1.5 trillion.

I read these press releases every day or so and generally walk away shaking my head wondering what it all means for the 556 people trying to sell their Tooele home and the approximately 50 people that will actually buy a home in Tooele, Stansbury, or Grantsville each month.

I've tried to simplify, but I still don't relate.

In its press release, the FOMC noted that the economy may still be contracting, but that it's not happening with the same speed as in prior months. Household spending is stabilizing and financial markets are "easing".

Nevertheless, threats to the recovery are everywhere with the following items on the Fed's short list:

  • The growing ranks of unemployed workers
  • The reduction of housing wealth nationally
  • Reduced inventories and investment from business

Furthermore, the FOMC fingered today's inflation levels as too low to support economic growth. This justifies the Fed's plan to hold the Fed Funds Rate near zero percent "for an extended period".

For home buyers and refinancing homeowners, today's press release was not favorable.

After the Fed's announcement, stock markets rallied on the idea that the worst of the economy really is over and that led to a broad bond market sell-off. Mortgage rates spiked in response, adding as much as 0.125 percent, in some cases.

The FOMC's next scheduled meeting is June 23-24, 2009.

There, I feel better now !

So having said all this, and not having moved forward, LET ME TRY THIS !!

IN TOOELE UT, HOMES ARE AVAILABLE, INCENTIVES ARE PLENTIFUL, AND INTEREST RATES ARE NEAR AN ALL TIME LOW! NOW IS THE TIME TO BUY !!!

If you would like to see those 550 + Condos and houses for sale click on Tooele Homes For Sale.

If you want to know how much they are worth, how to buy them, what to look out for, why you need representation, who you might want to borrow the money from, and where to go for the best Real Estate deal for your situation, then visit our website @ Tooele Real Estate. Or just call us at 435-840-5029.

We love to talk about Tooele Valley and Real Estate.

Source


Parsing the Fed Statement
The Wall Street Journal Online
April 29, 2009
http://online.wsj.com/public/resources/documents/info-fedparse0904.html

Tooele Home Fire Extinguisher a Real Hit !

Chris Sloan Tooele Real Estate: Real Estate Agent in Tooele, UT

Not About Utah Real Estate, or Tooele Houses, or Stansbury Condos!!

OK, Berna made me do it.

Handheld, aerosol fire extinguishing sprayEver watchful of her families safety and with an insatiable need to share, I was told no more blogging about Tooele Real Estate until all of our friends heard about this product.

Sure, you've got a fire extinguisher at home, but if you ever had a fire, would you know what to do with it?

Like any tool, reading the directions can only get you so far. If you've never "pulled the pin" and discharged a fire extinguisher before, fighting an actual fire can be a frightening initiation.

For non-firefighters, there's an alternative. It's an aerosol spray from the First Alert company called the Tundra Fire Extinguishing Spray and it's billed as an intuitive fire safety product.

According to a First Alert product fact sheet, aside from its ease-of-use, the Tundra product boasts several advantages over traditional fire extinguishers:

  1. Tundra sprays for 32 seconds -- double a traditional fire extinguisher
  2. Tundra spray covers 3 times more surface area than a traditional extinguisher
  3. Tundra cleans up with a damp sponge

The Tundra Fire Extinguishing Spray is recommended for cooking fires, electrical fires and household fires involving wood, paper and fabrics. You can buy it at most hardware stores or for cheap at Amazon.com.

OK I did it, and hardly a peep about Tooele Real Estate.

Yes Berna, I FEEL BETTER !!!

Buy A New Home In Stansbury Park, Utah, Get all The Incentives!

Chris Sloan Tooele Real Estate: Real Estate Agent in Tooele, UT

When you Buy a New Home in Stansbury Park, Utah, you get all the incentives.

If you hurry you can buy a New Home or Condominium in Stansbury Park and qualify for the $6,000 dollar New Home Incentive.( there is only so much money available so you need to get moving before that money is gone)

If this is your first home or you haven't owned a home in the last 3 years, you can probably qualify for the Federal First Home Buyer Tax Incentive.

That's another $ 8,000 in savings for your family.

Actually you can take advantage of these incentives in a number of Utah Communities, but I mention Stansbury Park, because it's a bedroom community to Salt Lake City, its a great place to live and it offers the most New Home inventory in Tooele County.

Look at the New Home Choices In Stansbury Park:

Fieldstone Homes: The "Big Home, Small Price" people have at least three models in Stansbury Place for under $200,000 dollars.
These are new construction homes and with todays mortgage rates should appeal to first time buyers.

Richmond American Homes: One of the nations top builders and the developer of Stansbury Place, Starside, and Picket Lane feature 3 floor plans from the $170s.

Ivory Homes: Utahs Premier Home Builder has Town homes for sale @ Benson Mill Crossing in the $ 140,000 range. These are a must see, as Ivory Homes has an additional incentive. Ivory Homes will match the $8,000 Federal Tax Incentive as their own personal gift to First Time Home Buyers.

THAT MEANS A POSSIBLE $22,000 DOLLAR SAVINGS is available for those first time home buyers that buy a new home @ Benson Mill Crossing from IVORY HOMES.

So need I say More? Call your agent today and get out there. Tour the models, talk to the builders agents, find out if the builder is offering other incentives.

If you don't have an agent, Call us @ 435-840-5029. You do need an agent to make sure you are represented if you decide to buy. It's FREE and It's SMART.

Want to know how we do this business? Check out our web-site Tooele Real Estate.

We can show that when you buy a New Stansbury Park Home, You get all the Incentives.

NEW HOME IN STANSBURY PARK - BEST DEAL YET!

Chris Sloan Tooele Real Estate: Real Estate Agent in Tooele, UT

Buying a New Home in Stansbury Park is the best deal yet!!

It's the best New Home deal In the Area ?

And if it's an Ivory Home @ Benson Mill Crossing It even gets better.

On Cories Salt Lake blog yesterday, she was touting the new Ivory promotion where they match the new government $8,000 gift for first time home buyers with $8000 dollars of their own. When you add the 2 together, you have a package worth $16,000 dollars.

But wait, there's more !!!

Ivory also offered a 30 year fixed rate interest percentage of 4.5% for a limited time on all of their single family homes, town-homes and Condominiums for sale along the Wasatch Front.

So Corie was almost right, that is a great package. But it's not THE BEST.

It's not the BEST, because if you don't have a down payment what do you do?

You go to Tooele, to Stansbury Park, to Benson Mill Crossing and ask us about a Rural Housing Loan that offers 100% financing.

Home purchases in Tooele County qualify for 100% financing through a Rural Housing Loan.

WE KNOW HOW TO GET THEM !! In Stansbury Park, In Grantsville, In Tooele City !

Now you have the best deal in the area on a new home. You have !!

NEW HOME OR CONDOMINIUM: By Utah's leading home builder for 22 straight years.

$8000 FEDERAL GOVERNMENT GIFT: For all first time home buyers.

$8000 IMMEDIATE MATCH: By Ivory Homes.

EITHER A GREAT INTEREST RATE OR 100% FINANCING: You make the choice.

Give us a call. We know Tooele Real Estate, and we know good deals when we see them.

As usual, we suggest that before you visit a model home you call your agent. As nice as we think the Ivory salespeople are, they represent the builders interest.

You should have someone who's sole job is to protect you and your interest. Call your favorite local Realtor.

If you don't have one, we'd like to apply. Were local, were knowledgeable, and were serious about this business.

Check us out at our web-site, Tooele Real Estate. you'll be glad you did.

If you just want to chat about homes for sale, or short sales, foreclosures or anything about Real Estate, call us @ 435-840-5029.

Better yet, lets get together and look at some of the wonderful homes for sale in Stansbury Park, Grantsville, or Tooele.............Lets get to know each other.

Or just call to ask about a New Homes In Stansbury Park - the best deal yet.!!