There are a few reasons why you should know what your Tooele UT house is worth.
Not many home owners do. They know approximately. They think they know because the people down the street sold a similar home and their home is pretty much the same. … Only better! (the only better idea is what gets people in trouble).
My father in law had an appraisal done last week and even though he had been in this business about 500 years, what the appraiser found the home to be worth and what my smart alec dad thought it was worth was over $20,000.
Some people say ” it’s only paper money” but I say its more than that if you are trying to use present equity to get rid of private mortgage insurance, or considering a cash out refinance.
I posted a couple articles from Keeping Current Matters onto Face Book last week that go into this subject enough that you might be interested. One is a post that encourages you to find out how much your house is worth, and the other shows how home equity is the basis of wealth for most families. It also offers examples of why buying a home is more than just getting a place to live. ENJOY!
The latest edition of CoreLogic’s Home Price Index shows that nationally, home prices have appreciated 6.7% over the last year and 0.9% month-over-month. The release of the report included this headline, “National Home Prices Now 50% Above March 2011 Bottom” The real estate market has come a long way since 2011, which is great news … Read More
Over the next five years, home prices are expected to appreciate 3.64% per year on average and to grow by 18.4% cumulatively, according to Pulsenomics’ most recent Home Price Expectation Survey. So, what does this mean for homeowners and their equity position? As an example, let’s assume a young couple purchased and closed on a $250,000 home in January. … Read More
I hope this post was helpful, and if it created an interest in exploring real estate in Tooele County you will give me a call. We don’t give investment advise, or family counseling but we are a great group to work with if you want to move your family for any reason or if you think you might like to take advantage of this burgeoning real estate market. We know where the best buys are located.
Why Use Group1 For Real Estate.
My partner, in all things, and our Broker, Chris Sloan has been doing this business a long time. He is very active in the community and rarely misses an important planning and zoning or city counsel meeting. Not only does he know what has happened he has a pretty good handle on what the future developments can mean for Tooele property values. Read his bio here.
I’m involved as well, IN EVERYTHING. Flipping flapjacks at the 4th of July breakfasts, delivering Thanksgiving dinners to the less fortunate or attending an event for one of my 5 kids (grown) or 6 grand-kids. But don’t think that all that plus grandma day every Wednesday slows me down. I have been awarded Tooele salesperson of the year 4 of the last 5 years. I know stuff about buying and selling Tooele Houses. Check me out on our website under about Berna Sloan. Then call me 435-840-5029.
In other words, I want your business. I know why you should know what your Tooele UT house is worth.