PLUMBING MATTERS

By Delia Reece

Sep 28, 2009

The plumbing is one of your home's most mysterious systems. Plumbing is hidden in the wall, so repairs can be expensive. Prospective buyers are often frightened away by evidence of leaky pipes, ceiling stains below shower pans, or antiquated bathroom fixtures.

If you are planning to sell your home, it is a good idea to solve your plumbing issues before you place it on the market. Take care of any cosmetic damage that leaks may have caused after the plumber has finished his work. Plumbing repairs are cost effective, and most sales agreements call for all systems, including the plumbing, to be in working order. If you have a problem, you will probably have to repair it before the closing anyway, so by doing it ahead of time, you eliminate that issue. Plumbing that is in top condition will make your home appear to be well cared for and will make it more attractive to potential buyers.

For rock solid advice on buying or selling real estate, call Craig Reece at 435-647-8017 or toll free at 1-800-553-4666.

Tags: Real Estate
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ONE GOOD REASON TO INVEST IN REAL ESTATE

By Delia Reece

Sep 21, 2009

The population of the U.S. is growing faster than builders can create new housing. The demand for residential real estate properties will continue to exceed the supply for decades to come.

Investors in real estate can expect home price appreciation to continue, at least at a basic rate of 4 percent each year, simply because homebuyers are competing for a limited selection of homes. In 1970 the average single family home sold for $23,400. Thirty years later, the same average home sold for $169,000, yielding an 8 percent annual increase on the homeowner's investment. You can potentially earn an even greater annual return from your investment if you buy in an area where homes are appreciating more dramatically. Investing in well-considered home improvements can yield greater profit when you sell.

In addition to home price appreciation, you gain home equity as the principal on your mortgage is paid down. If you choose your investment carefully, you will make money by purchasing real estate.

For rock solid advice on buying or selling real estate, call Craig Reece at 435-647-8017 or toll free at 1-800-553-4666.

Tags: Real Estate
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Deer Valley, Ranked #1 in North America -Third Year in a Row

By Delia Reece

Sep 16, 2009

Deer Valley has been named the best ski area in North America by the readers of SKI Magazine for the third year in a row. According to Deer Valley President Bob Wheaton, the resort topped five categories including Guest Services, Slope Grooming, On-mountain Food and Dining. As always, Wheaton deferred all of the credit for the honor to his staff. "I am very pleased and proud of the staff that earned this award," he said. Each year, SKI Magazine sends 20,000 ballots to its readers and also collects votes online. According to Wheaton, Whistler Blackcomb in British Columbia, Canada earned the No. 2 spot and Colorado's Vail took third. In the 20-plus years that SKI has been conducting the poll, only Vail has matched Deer Valley's hat trick.

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LOW STRESS REAL ESTATE SALES

By Delia Reece

Sep 14, 2009

Making a housing move gets high marks on the stress scale, whether you are buying or selling a home. In addition to the fact that there is a great deal of money involved, there are many factors that can complicate or delay a real estate transaction.

A professional real estate agent works to minimize the stress involved in the process and to make your closing as problem-free as possible. Your Realtor will facilitate the transaction by monitoring the loan, coordinating inspections and repairs, facilitating relocation issues, and working to solve any unforeseen difficulties that arise during the whole process. The negotiation process often involves pressure and uncertainty, as all parties try to reach an agreement on the details of the sale. Once the complex range of issues have been appropriately handled, the Realtor will also help ensure a smooth transition by reminding the sellers to arrange for final utility readings and the buyers to set up new utility accounts.

For rock solid advice on buying or selling real estate, call Craig Reece at 435-647-8017 or toll free at 1-800-553-4666.

Tags: Real Estate
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Park City Birds of Prey

By Delia Reece

Sep 09, 2009

A visit to the exclusive Montage Hotel in Laguna Beach reveled a unique operation to keep the guests happy and comfortable while they enjoy their outside dining.

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THE REMEDY FOR BUYER’S REMORSE

By Delia Reece

Sep 07, 2009

Buyers’ remorse is that mysterious condition that causes you to clutch your head with both hands and moan, “What was I thinking?” This malady can appear shortly following the signing of a rather hefty check. Before you panic, consider these preventive measures.

Combat buyer’s remorse by doing your homework in advance. Feelings of uncertainty and loss of control are minimized when you take the time to prepare. Evaluate the local real estate market and ask for a comparative market analysis from your agent to alleviate any nagging suspicions that you are paying too much. Make sure the property you are considering has been thoroughly inspected and you are equipped financially to meet the cost of any repairs. Realistically review your finances one last time. When you find the house of your dreams, make a list of all the reasons this house is right for you. Diffuse any needless concern by keeping both feet firmly on the ground.

For rock solid advice on buying or selling real estate, call Craig Reece at 435-647-8017 or toll free at 1-800-553-4666.

Tags: Real Estate
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