Houses are Selling in Salt Lake City

May 9th, 2008 by Craig Riley

Houses are Selling in Salt Lake City

You may have heard that our local Salt Lake City real estate market is experiencing a slowdown along with the national real estate economy. However recent reports are indicating that our national economy is not in as much trouble as the news would like you to think. And that is good news for real estate in the Salt Lake City area.

Recent reports suggest that unemployment is relatively stable, our economy experienced some positive growth in our last quarter, and houses are selling in Salt Lake City. Great news if you are looking to sell you Salt Lake City home. Even better news if you have been trying to sell you Salt Lake City home for the past several months and haven’t had any activity. The real estate market seems to be breaking loose, and the timing couldn’t be better.

Spring is a very active time for real estate marketing. Homes are going on the market, and buyers are snapping up great deals in the Salt Lake City area.

If you are ready to take advantage of a perfect time to buy, give me a call. If you are ready to sell your Salt Lake City home, and want a professional Mortgage Loan Advisor to get your home listed and in front of buyers, please give me a call. You can reach me at our Salt Lake City office of Advanced Funding. Our phone number is 801.272.0600. Houses are selling in Salt Lake City!

-Craig Riley, Advanced Funding, 801.272.0600

I look forward to hearing from you.

Great Mortgage Interest Rates For Salt Lake City

April 30th, 2008 by Craig Riley

Great Mortgage Interest Rates For Salt Lake City

You have probably heard by now that the Federal Reserve lowered mortgage interest rates in Salt Lake City again in an effort to revitalize the economy, including the local Salt Lake City housing market. This is great news if you are looking to buy a home in the Salt Lake City area, or are getting ready to sell a home in Salt Lake City.

The move by the Federal Reserve is intended to make money more available for local Salt Lake City mortgages, and makes it easier for buyers to obtain home mortgage loans in Salt Lake City. Wall Street analysts are playing a part in the action, predicting that this will be the last move by the Federal Reserve Bank to reduce interest rates. This means that now is the time to get serious about buying or selling your home in Salt Lake City, because the opportunity won’t get any better than this. In other words, there isn’t a good reason to wait any longer.

The quarter-point cut lowered the rate at which banks loan money to each other to two percent, a full three percentage points below where it was on September 18th, when they started cutting rates. This is the lowest it has been, and makes for a great buying opportunity for anyone looking at real estate in the Salt Lake City area.

If you have been considering a sale, or are looking to buy real estate in the Salt Lake City area, give me a call at 801.272.0600. I can hep you find the right property, and with mortgage interest rates in Salt Lake City lower than they have been for years, your prospects are looking better than ever to find your dream home.

-Craig Riley, Advanced Funding, 801.272.0600

Federal Reserve Cuts Real Estate Interest Rates For Utah

March 22nd, 2008 by Craig Riley

Federal Reserve Cuts Real Estate Interest Rates For Utah

Early this week the Federal Reserve Bank cut Utah real estate interest rates in a move to spark the housing market and rebound the economy. The new mortgage rates effect the local real estate market, including the Salt Lake City area. If you are looking to buy non-owner occupied real estate in Salt Lake City, Utah there couldn’t be a better time.

Rates on Utah real estate mortgages continue to drop as the Federal Reserve Bank continues it’s effort to stave off a mortgage crisis for non-owner occupied real estate properties in Utah.

If you are looking to buy a non-owner occupied real estate property in Utah, there really hasn’t been a better time. Real estate interest rates are at an all time low, and the number of non-owner occupied real estate properties on the market in Salt Lake City, Utah make it a buyer’s market.

As you may know, I have been saying that there is a ‘buyer’s market’ in Salt Lake City, Utah, but it couldn’t be any more true than it is now.

While it may take a while before the real estate market in Salt Lake City, Utah rebounds completely, there is a great opportunity for buyers to take advantage of the situation and get a great deal on a non-owner occupied real estate property at a great price and with unheard of interest rates.

If you are looking to buy a non-owner occupied real estate property in the greater Salt Lake City area, give me a call. You can reach me at 801.272.0600.

You can also find me at my real estate website, located at utahhomeloans.listpipe.com/site/

-I look forward to hearing from you.

Avoiding Foreclosure In Salt Lake City

February 9th, 2008 by Craig Riley

Avoiding Foreclosure In Salt Lake City

The mortgage situation has taken it’s toll on our Utah community, and has placed an unprecedented number of homes at risk of foreclosure in Salt Lake City.

Foreclosure is considered one of the most stressful situations an Salt Lake City resident can experience, ranked very close to ‘death of a loved one’ and divorce. When Salt Lake City foreclosure is imminent, it can seem like the options have all run out. But they haven’t.

There are several ways to avoid foreclosure in Salt Lake City, and while some of them may seem painful, they are better than the alternative. The possibility of Salt Lake City foreclosure requires making tough decisions, and that’s when it’s a good idea to have an experienced Mortgage Loan Advisor on your side.

As an experienced Mortgage Loan Advisor in Salt Lake City, I have had the opportunity to work with people in our community who are facing foreclosure. I know of several ways to avoid foreclosure and can help you by presenting the options. If you choose to sell your home to avoid Salt Lake City foreclosure, I can help you effectively price and market your home so that you can sell quickly and achieve the greatest advantage possible.

Foreclosure is a hard thing to face; I am here to help if you find yourself in trouble.

Visit my website at utahhomeloans.listpipe.com/site/ for more information about how to contact me regarding foreclosures in Salt Lake City.

-Craig Riley

Breaking News for Salt Lake City Utah: Feds Cut Interest Again!

January 30th, 2008 by Craig Riley

Salt Lake City Feds Cut Interest Again

Breaking news for the Salt Lake City, Utah real estate market! The feds just cut interest rates by half a point! In a surprise move today, the Federal Reserve cut a key interest rate for the second time in just over a week. This is big news for the real estate market in Salt Lake City Utah.

If you are interested in buying real estate in the Salt Lake City, Utah real estate market, give me a call to discuss how this latest move by the Federal Reserve will affect your ability to buy or sell your real estate property in Salt Lake City.

You can contact me at any time by calling 801.272.0600

If you are interested in reading more about the rate cut, visit this article: http://www.breitbart.com/article.php?id=D8UGCV500&show_article=1.

Don’t forget to visit my website at utahhomeloans.listpipe.com/site/ for more information about the Salt Lake City, Utah real estate market.

-Craig Riley

Real Estate Interest Rates are Great in Salt Lake City

January 25th, 2008 by Craig Riley

Real Estate Interest Rates are Great in Salt Lake City

Rates on mortgages are dropping for real estate in the Salt Lake City area thanks to a recent move by the Federal Reserve Bank. The feds dropped the rate this week in a move to spark the housing market and rebound the economy.

What does this mean for the real estate market in Salt Lake City, Utah? Well, as you know there are plenty of houses on the market in Salt Lake City, Utah. I have been saying that there is a ‘buyer’s market’ in Salt Lake City, Utah, but it couldn’t be any more true than it is now.

With interest rates at their lowest point in four years, and houses reaching the 120 day mark, sellers are ready to deal and banks are ready to loosen up, if not at least just a little.

It will probably take a while before the real estate market in Salt Lake City, Utah rebounds completely, however there is a great opportunity for buyers to take advantage of a crossroads occurrence and get a great deal on a new real estate property at great rates.

If you are looking to buy a real estate property in the greater Salt Lake City area, please give me a call. You can reach me at 801.272.0600.

You can also find me at my website, located at utahhomeloans.listpipe.com/site/

For Sale By Owner in Salt Lake City

January 13th, 2008 by Craig Riley

For Sale By Owner in Salt Lake City

In my research of the local Salt Lake City real estate market, I have noticed quite a few Salt Lake City FSBO houses. I always make a note of them and contact the owner when possible. The reason I do this is because Salt Lake City FSBO owners in Salt Lake City are often willing to work with a ‘buying agent’ who can bring them qualified candidates.

With winter here in full swing, the opportunity for Salt Lake City FSBO houses to sell is diminished because of several things. Let’s go over a few for the record:

The holiday season takes its toll on consumers, and in the months immediately after the holidays (January and February) it is especially difficult to muster the time and energy it takes to negotiate financing.

The winter months create a lull in foot traffic to homes because of the cold. Fewer people are willing to leave the warmth of their current home in search of a new one when the weather is bad.

Appeal is also diminished. A home will always be more appealing when the landscaping is alive and colorful. The stark cold of the winter months is often beautiful, but rarely does it lend a hand to the real estate market.

Selling ‘For Sale By Owner’ is a difficult task, and even more so in the winter months when the weather and social barriers are against you.

Having a Mortgage Loan Advisor on your side can help you buy or sell an Salt Lake City FSBO home. A Mortgage Loan Advisor like myself has a wider range of sales tools to attract customers and communicate the features and benefits of your Salt Lake City FSBO, and I can help you find great Salt Lake City FSBO opportunities, too.

Learn more about Salt Lake City FSBOs at my real estate web site.

Good Time To Buy Salt Lake City Real Estate

December 27th, 2007 by Craig Riley

Buy Salt Lake City Real Estate

With Mortgage rates at record lows, and an abundance of houses on the Salt Lake City market, the time is right to buy a new Salt Lake City real estate property.

In an effort to help jump start the flagging Salt Lake City housing market, the federal reserve recently lowered interest rates, opening greater access to money for lenders. This normally makes it easier to qualify for mortgage loans for Salt Lake City real estate. And this is certainly the case, however, you may also have been hearing that big-name lenders are folding up and tightening their loan requirements.

It’s true; the mortgage loan market is experiencing turbulence and lenders are acting nervous. But don’t let this scare you; the truth is that banks are still making money on loans, and the Salt Lake City economy is more stable than the nightly news people want you to believe.

Buying a new house in the Salt Lake City real estate market is making a lot of sense right now because prices are good and there are plenty of choices. Smart real estate investors will look to this kind of opportunity to get the right house at the right price.

If you are interested in learning more about our local Salt Lake City real estate market, give me a call. I am currently showing homes in the Salt Lake City area, and would love to show you some of the great deals we have out there.

-Craig Riley, Mortgage Loan Advisor, 801.272.0600

Find me at our real estate website at: www.advfund.com

Salt Lake City For Sale By Owner

December 23rd, 2007 by Craig Riley

Salt Lake City For Sale By Owner

For Sale By Owner ‘ is a method of selling non-owner occupied real estate in the Salt Lake City area. For Sale By Owner is referred to as a ‘FSBO’, verbally pronounced as ‘fizz-bow’. You may hear real estate agents or property owners use this term to describe non-owner occupied real estate properties that are placed on the market by a non-professional real estate marketer.

While there is nothing wrong with selling non-owner occupied real estate on your own, research statistics show that you are more likely to sell for more if you have a Mortgage Loan Advisor on your side.

As a professional real estate marketer, I have access to marketing tools and resources that allow me to more effectively sell your Salt Lake City non-owner occupied real estate property.

Among the benefits of using a Mortgage Loan Advisor instead of ‘ For Sale By Owner ‘:

Sell for more; research indicates that a Mortgage Loan Advisor can typically sell for anywhere from a few thousand to many thousands more.

Sell faster; the marketing tools and resources I have available to me as a Mortgage Loan Advisor allow me to market your Salt Lake City non-owner occupied real estate property more aggressively, reaching more qualified buyers in less time.

Sell with fewer problems; FSBO sales are often complicated when both the buyer and/or the seller are unfamiliar with the legal process of selling an Salt Lake City non-owner occupied real estate property. There are many rules and regulations that I, as a Mortgage Loan Advisor, am professionally familiar with. Sellers often report that selling an Salt Lake City non-owner occupied real estate property was one of the most stressful experiences in their life. My qualifications can mitigate the complications and turn a stressful experience into a happy one.

So before you list your Salt Lake City non-owner occupied real estate property as for sale by owner, consider getting a Mortgage Loan Advisor involved.

My name is Craig Riley, and I am a Mortgage Loan Advisor. You can learn more about me and selling For Sale By Owner at my official real estate website at www.advfund.com.

Or you can simply give me a call at 801.272.0600.

I concentrate on FSBO sales in the greater Salt Lake City area.

Craig Riley, Mortgage Loan Advisor, 801.272.0600

Find me at our real estate website at: www.advfund.com

Salt Lake City Mortgage Market

December 12th, 2007 by Craig Riley

Advanced Funding Real Estate in Salt Lake City

The Federal Reserve just lowered short-term interest rates by a quarter percent. What does this mean for our Salt Lake City real estate market? Probably several things, and most of them good.

The Federal Reserve bank makes loans to loan companies, and when they reduce their rates, it makes it easier for other banks to get money and make loans. If you have been considering a real estate investment, now is a great time to get serious.

You may have heard that we have a ‘buyer’s market’ here in Salt Lake City, and to an extent that is true. And while there are plenty of reasons to buy, there are also good reasons to sell. The resent move by the feds will help on both sides of the deal.

If you are interested in learning more about how the recent changes affect mortgage loans and the Salt Lake City real estate market, please give me a call.

Craig Riley, Mortgage Loan Advisor, 801.272.0600

Or find me at our real estate website at: www.advfund.com