Real Estate Utah, Salt Lake City Real Estate

Homeowner Takes on Lender and Wins!

Diana Russell — Sat, 26 Feb 2011 22:09:00 GMT

Park City, UT – According to the Philadelphia Inquirer [1], Patrick Rodgers of West Philadelphia was able to "file a foreclosure action against Wells Fargo. I bet there are a lot of homeowners facing foreclosure that would love to do the same...(read more)

Utah Short Sales: The Average Homeowner Can Live 492 Days Rent Free

Diana Russell — Sat, 26 Feb 2011 22:05:00 GMT

Salt Lake City, Utah – According to the Wall Street Journal [1], the average homeowner with a home in foreclosure hasn't made a payment in 492 days. What's even crazier is that those homes are still in the foreclosure process. That means...(read more)

I Can't Afford My Home. What Should I Do?

Diana Russell — Fri, 07 Jan 2011 14:02:00 GMT

Short Sales - Utah I recently received a question from Steve. Here is Steve's question . "I divorced six years ago. We had had our home on the market for some time, but it wasn't selling and my ex needed money to buy another home. Since it...(read more)

Why Do Some Short Sales Succeed When Other's Don't?

Diana Russell — Thu, 06 Jan 2011 16:26:00 GMT

Short Sales can be frustrating. Ask anyone who has negotiated a short sale with a lender and they will tell you the process is tough. Here is a story that illustrates this point. You are negotiating a short sale with a lender. You call in and talk to...(read more)

Loan Modifications and Private Mortgage Insurance

Diana Russell — Sun, 10 Oct 2010 15:52:00 GMT

In today's foreclosure environment, many homeowners are looking to do a loan modification (restructure of a loan for more favorable terms and payments). Basically, the homeowner applies for a loan again and the new payment plan is based on the person's...(read more)

Banks and Short Sales, A Recent Experience With Wachovia

Diana Russell — Fri, 01 Oct 2010 17:06:00 GMT

Banks and Short Sales My most recent experience with Wachovia October 1, 2010 Most banks recognize we still have depreciating values in real estate and will work with beleaguered homeowners to mitigate losses. Recently, though, I was involved in a transaction...(read more)

Getting a Loan in A Recessive Economy

Diana Russell — Fri, 05 Feb 2010 14:44:00 GMT

In this recessive economy many people have been subject to loss of job, lowered income, diminished savings, and it's hard to get funding to purchase a home. There is a program run through the United States Department of Agriculture (USDA) geared toward...(read more)

Basic Facts about Obama's Homeowner Plan

Diana Russell — Mon, 02 Nov 2009 01:25:00 GMT

– How It Affects Homeowners in The Ogden Utah real estate market, by Diana Russell, an Experienced Expert in the Ogden Utah real estate market Obama found himself caught in the middle of an economic crisis immediately upon being elected to office,...(read more)

Build Wealth With Real Estate

Diana Russell — Mon, 02 Nov 2009 01:23:00 GMT

by Diana Russell, Salt Lake City Utah Real Estate Expert Investing in Real Estate can be a great way to build wealth. Of course, like any investment, there are pros and cons. To invest in real estate requires a time commitment and a bit of risk. However,...(read more)

Useful Tips for Selling a Utah Home Quickly

Diana Russell — Mon, 02 Nov 2009 01:21:00 GMT

Most first-time sellers in Utah aren't aware of the basic principles of selling a home fast. While your real estate agent will brief you on these tips, it is a good idea to look them over again so that you are always prepared for a viewing. #1 - Make...(read more)

Selling Your Home

Diana Russell — Sat, 06 Jun 2009 16:52:00 GMT

When putting your home on market, remember sellers, the details. We often forget this. I knew I'd lost a sale when I was showing a home to a couple. The client pulled the blind to open the shade and let in the light. There was mud was all over the...(read more)

Short Sales (Selling a home for less than the mortgage(s) against it) by Diana Russell

Diana Russell — Mon, 01 Jun 2009 16:03:00 GMT

Now is a terrific time to short-sale a property. Lenders are accepting contracts on property for less than what is owed ! And in most cases, the lender will forgive the additional amount owing. Historically, this was unheard of....(read more)

Searching For A Home In Utah

Diana Russell — Mon, 01 Jun 2009 09:49:00 GMT

Best Way to Start Searching for a Home in Utah, by Diana Russell, Expert Real Estate Agent in Utah Searching for your dream home can be a daunting task because you may not find one that meets your unique and specific requirements. Adequate efforts must...(read more)

Buying a home in Salt Lake City: Advantages and Disadvantages of Fixed Rate Mortgages

Diana Russell — Mon, 01 Jun 2009 09:39:00 GMT

Buying a home in Salt Lake City: Advantages and Disadvantages of Fixed Rate Mortgages Most people will tell you that when they consider buying a home, it'll be all about the interest rate, and that's very understandable. Over the life of the loan,...(read more)

For Sale By Owner or Realtor® - Which Is The Best Way To Sell Your Home In Utah?

Diana Russell — Tue, 28 Apr 2009 15:34:00 GMT

For Sale By Owner or Realtor® Which Is Best Process For Selling Your Home in Utah? With the growth of the Internet, the prospect of “going” FSBO — For Sale By Owner — as a method for selling your home is more attractive than...(read more)