Blog: Community Happenings, Events, and Real Estate News - Blog Archive: October, 2011

October 2011

Found 3 blog entries for October 2011.

 

The Huntsville Home

This cozy Utah home was built in 1929 and claims the name of "Grandma's house" according to the owner. Located in the heart of Huntsville, this home exudes history including the extinct Hawaiian mahogany wood floor inside, period wall paper and light fixtures. It is located across from the Shooting Star, Utah's oldest continually operational tavern. This inviting home has just enough room for comfortable living. Two bedrooms and a full bathroom are conveniently located on the main floor. The downstairs features an additional bedroom perfect for a guest if needed with a bathroom and living room with lower ceilings.

This 3/4 acre home site presents as the perfect yard with a meandering front walk, flower beds, mature

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Do banks commit fraud? Do they steer appraisals? They do.

There is so much talk about how borrowers have defrauded the system and manipulated appraisals. Which I have no doubt they have but I represent several distressed borrowers trying to work out short sales and the lack of integrity on the part of some banks (not all of them) is astounding.

The Foreclosure

A Utah bank forecloses on a property and has an internal appraisal thirty days prior to the foreclosure for $275,000. The borrower owes $276,000. The bank buys the property back at the foreclosure auction for $245,000 and sues the borrower for $31,000 plus legal fees. When this property was purchased the borrower put 30% down and had made payments for three years on a 20 year amortized

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Eden Utah Home For Sale in Wolf Creek - 5752 E Elkhorn Drive, Eden, Utah

One of Eden, Utah's finest, this well proportioned mountain home is a perfect 10 in Ogden Valley, Utah. Located in the Wolf Creek Utah development, enjoy close proximity to the Wolf Creek golf course, hiking trails, pool, fitness center and Utah's world class skiing. Boasting views of the reflective waters of Pineview Reservoir with Snowbasin as a back drop brings the outdoors in through large picture windows. It is a mere 8 minute drive to Powder Mountain Ski Resort, perfect for first tracks on a powder day.

Immediately notice the detail in this 5,000 square foot Utah ski home as you step in the front door. Accented with large alder crown mouldings, plaster accent walls,

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