Rent to Own Homes Utah Rent to Own Homes Salt Lake City Housing Utah Rent to Own Utah Lease Options and Seller Finance in Utah
Salt Lake City, Utah 84115 3315 S Old Millbrook CIR Offered at $299,000 MLS Number: 1050926
Status: ActiveType: Single Family HomesYear Built: 2011Bedrooms: 3Baths: 2Sq. Ft.: 2,167Lot Size: .04 acres
Salt Lake City Utah Lease Option Rent to Own Seller Finance
Built-InAir Cond: Central Air; Electric Driveway: ConcreteFloor Cov: Hardwood; Tile
Master Level: 2nd .Landscape:Lot Facts: Fenced: PartExterior Feat:
Interior Feat: Dishwasher, Built-In; Disposal; French Doors; Range/Oven: Free Stdng.; Vaulted Ceilings; Silestone CountertopsAmenities: Microwave; Range
:Terms: Cash; Conventional; FHA; Lease Option Monthly; Lease Option
Visit more properties at www.rent2ownutahhomes.com
Thursday, October 20, 2011
Monday, October 17, 2011
Thursday, October 13, 2011
Rent 2 Own Utah Homes offers 1 month FREE Lease Option or Rent to Own credit
Tired of thinking about some far-off day when you can own your own home? Take action NOW to learn 3 simple steps that have turned countless renters into successful home buyers within 24 months or less!
No Gimmicks ... No Tricks .. just good old knowledge and effort.
Rent 2 Own Utah Homes is now offering 1 month FREE Lease or Rent credit if you will take action Now ... follow this link to the 3 easy steps and 1 month Free Lease or Rent credit on the successfull closing of your new Home.
http://www.rent2ownutahhomes.com/addpage.php?pid=572
Brokerage services provided by North Star Realty
No Gimmicks ... No Tricks .. just good old knowledge and effort.
Rent 2 Own Utah Homes is now offering 1 month FREE Lease or Rent credit if you will take action Now ... follow this link to the 3 easy steps and 1 month Free Lease or Rent credit on the successfull closing of your new Home.
http://www.rent2ownutahhomes.com/addpage.php?pid=572
Brokerage services provided by North Star Realty
Rent 2 Own Utah Homes Market Reports Trending to Lease Options and Rent to Own
This Artical courtesy of KSL.com showing that Rent to Own and Lease Options are becoming the way for sellers to sell and buyers to buy.
SALT LAKE CITY -- Rock-bottom prices and record low interest rates have not been enough to drive people back into the housing market.
"The mentality of this generation is apprehensive," said Colin Wright, CEO of Henry Walker homes. "Is this really a good deal, a good value?" This morning on Sunday Edition Bruce Lindsay discussed housing trends with developer and Adjunct Professor at the University of Utah, Colin Wright. He believes the younger generation will have much different housing needs and wants. They want smaller yards and shorter commutes, which will lead to more urban housing. Getting out of debt will be more of a status symbol than a big house, and energy efficiency will also be important.
The important measuring stick right now is home prices. Thirty percent of homeowners in Utah have negative equity, and the starter home may have to become the dream home for a lot of families.
"We've lost that part of the market. They can't move up. They are stuck," said Jim Wood, director of the Bureau of Economic and Business Research at the University of Utah.
He has watched Utah's housing market closely and believes home prices have hit bottom. But, he adds, we are still years away from full recovery. Short sales are keeping prices down and discouraging people from entering the market.
The mentality of this generation is apprehensive. Is this really a good deal, a good value?
–- Colin Wright, CEO of Henry Walker homes.
"Thirty to 40% of all homes sold are bank owned or short sales," he said. "And those are distressed sales…Most people don't want to get in there until prices stabilize."
Unemployment and poor credit have also soured the housing market, but it's causing a boom in the rental industry. "The apartment market is highly attractive right now," said Kip Paul, executive director of Commerce Real Estate Solutions. "We are actually seeing prices exceed the peak from three years ago." In the past year, all types of apartment units experienced increases in average rental rates. A three-bedroom unit now costs about $1100 a month, and Salt Lake County only has a 5.2 percent vacancy rate -5 percent is generally considered a tight market.
"We are building more but not quite enough to keep pace with what the anticipated demand is going to be," he said.
And demand within the rental industry is also changing.
"Over half of those renters are now in single family homes, condos, town homes. They are not in traditional apartments," Wood said.
If rental prices keep going up, homeowners will have more options to rent their home and cover their mortgage.
Wednesday, October 12, 2011
How to Buy a Home in Today's Broken Mortgage Market
Regardless of your ability to get a loan – you can own a new home!
Some people are tenants by choice. But most people would prefer to enjoy all the benefits of owning a home if at all possible. It can be the single most important investment you ever make. A lot of people's personal wealth is made up mostly from equity they've built through years of responsible home ownership.
Our company works exclusively with people just like you who dream of owning a new home but simply cannot get a new loan in today’s broken mortgage market. Even if your credit is less than perfect, you have self-employment income or insufficient time on a job to qualify for traditional lending, WE WILL WORK WITH YOU to help you own the home of your dreams. We can even help you own a new home if you’ve had a recent bankruptcy or foreclosure. Regardless of your situation, we are here to help and provide a solution that meets your unique circumstances.
Thinking Outside the Box
So you’ve saved up a little money, you’ve dreamed of buying a new home for you or your family and watched home prices fall to the point that you feel you can’t wait any longer. You’ve figured out what schools and conveniences you want to live by, and then with high hopes, you go to a “traditional” lender to try to get a loan only to find out that qualifying for a loan in this market place is not only difficult, it may seem impossible!
Don’t let your inability to get a loan stop you from owning your dream home!
Powerful options to purchase a home like “Rent to Own” have become the new way to buy a home where “traditional lending” has failed.
Through the Rent to Own purchase process you are able to lock in a low market price today on the home of your dreams, while you work to secure traditional financing at incredibly low interest rates. Sellers that cant sell their homes traditionally are waiting for qualified Tenant Buyers Today.
Find out more at www.rent2ownutahhomes.com
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