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July 5, 2010

July Hot Spots for Buying & Selling

The dust is starting to settle from the recent government assistance program. And the question on everyone's mind is... what now?

It is still a great time to buy because of low interest rates, and it is a good time to sell because buyers need properties to purchase! The recent grants were only for 1st time homebuyers and those who’d lived in their current home for more than five years. What if you weren't on this short list? If you couldn't get the grant, now is the time for you!
You can still get a great deal on a home! Now that all those who did qualify for the grant have their home, it leaves room for you to get your dream home! Knowing when and where to sell & purchase a home is vital to Real Estate success. The demand and value is highest in Utah’s Hot Spots!

These locations are the zip codes and prices ranges that had the most demand and highest success last month. Economic improvement and recovery start in hot spots and then spread to other areas of the valley. These hot spots are the areas that will get top dollar for their home. Purchasing a home in one of these hot spots gives you a front row seat to economic recovery.

1. West Jordan           Zip 84081           Price Range: $350K – $400K

Sales History                     Current Homes for Sale                    


2. Lindon           Zip 84042           Price Range: $100K – $200K

Sales History                    Current Homes for Sale


3. Saratoga Springs           Zip 84045           Price Range: $300K - $350K

Sales History                     Current Homes for Sale


4.Draper           Zip 84020           Price Range: $400K - $500K

Sales History                     Current Homes for Sale


5. Kaysville           Zip 84037           Price Range: $500K - $750K

Sales History                     Current Homes for Sale


View Home Sales History for all Zip codes and price ranges

July 1, 2010

Secrets of Real Estate You Can Use

Learning the Ropes

My career in real estate started when I was able to improve upon my surroundings. I’d been watching my dad purchase and flip homes with great success for years. After a while I was able to duplicate his success and was even able to improve upon it. As I gained personal experience I focused on investments that would have substantial cash-flow within 45 days! The market may change, but the secrets remain the same.

I continue to use these secrets to help everyone interested in the real estate market. Some people will try to convince you that the days of real estate investing and successful home buying are gone. But that is not the case. At the beginning of the California Gold Rush farmers and ranchers were finding gold on the ground and in streams, it did not take much effort or experience. But soon the easy gold was gone and success required surveying, relying on experts, and work. Similarly the greatest Real Estate deals are no longer waiting in the stream for someone to stumble upon and pick up. But they are still out there!

Can you make $100K in a year?

Last year a driven individual came to me and asked if there was any more “gold” available. I told here that it is out there, we just had to find it together. I put my experience to work and used my team to help her find a home. Together we were able to get her into a foreclosed home for approximately $220K. The tax credits and low mortgage rates made it the perfect time for her to buy.

Recently I decided to check in and see how her purchase was doing. It amazed me, even with other areas of the market depreciating as much as 10% her home had substantially increased in value. After owning the home for one year, and doing a little work on it, the home is now worth more than $350K!

Foreclosed homes are a great investment for any individual who is focused and willing to do some work on their new home.

Can purchasing a home increase cash flow?

More recently, I had someone ask for help with Real Estate investing. We were able to get him a foreclosed Duplex at the same price that it sold for in 2001! If you’re familiar with real estate you know how incredible this is. There is a thumb rule that house prices double every ten years. Being able to pick up a property at the same price is was sold for almost 10 years ago is phenomenal.

Not only were we able to get him this property at an amazing price, but because mortgage rates are so low, he is now has making $19,000 a year! Renting out the property not only covers his mortgage payment, but gives him extra cash flow each month. This cash is in addition to the growing equity in the property as well as the tax benefits of home ownership.

Utah Dave Foreclosure Secrets Seminar

I have seen hundreds of smart and focused clients get incredible profits through real estate. The trick is knowing the secrets of real estate.

On Saturday July 10, 2010 at 10:00 AM we are having a Foreclosure Secrets Seminar.

The seminar will discuss how to purchase a foreclosure with no money down, what types of homes you can flip in today’s market, and where to find Hot Properties that can create cash flow today.

Space is Limited so E-mail Dave to reserve your seat.

Come by our office on Saturday July 10, 2010 at 10:00 AM for this FREE seminar!