A few points to consider…Utah is a nondisclosure state. That means as real estate agents we are not releasing your sales information to the public. That includes Zillow which should help to show you why their indications of value or rarely accurate.

In Wasatch County, all homes are considered 2nd homes unless you file for primary residency at the Assessors Office. This is very important and something your real estate agent should make sure you are aware of.

Remember it is important to pay your taxes by November 30. Check your mortgage statement if you have one to make sure they are taken care of, because after 4 years, the county can elect to foreclose on your home.

A great resource for all of your questions about Property Taxes can be found her: https://propertytax.utah.gov/

Take your homeownership seriously and be in the know! I would love to answer any questions you might have in relation to property taxes!

You can see a video here:

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Ultimately, Utah is a great place to live and work and we found ourselves in the top spot for job growth. We also found a large 5-8% increase in home costs which we expect to repeat in 2021 as well as a 10% increase in the costs of townhomes and condos. 2021 Should make for a great year. As a seller your home should sell quickly and for top dollar. As a buyer, we need some strategies in place and ready to go so we can make sure you can buy that home in 2021!

Check out my recap over on youtube!

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That is still an obligation of all sellers we are not removing that, we are, instead, opening the doors of communication between buyer and seller and allowing the sellers to not be focused on only the information in the form, but instead, allowing them, as is contractually required, to disclose the information that they, as the seller, would like to disclose.

This protects both buyers and sellers and here is why….

Sellers are protected

• Total autonomy to report what they think is material
• Protection about misrepresentation of information (for example, if they mark no because they didn’t remember or didn’t feel it important and later are sued for fraud…we don’t want that)
• Protection from historical documents (some documents are still available from past home sales and if it is documented somewhere it should be shared even if the current seller was not the owner at the time of the issue, should they have know? Is it fraud if they don’t?)
• Sellers are not focused on only the questions asked, but instead given an open ended focus for what their home is all about.
• It reduces the risk of ending up in a lawsuit because the sellers is not checking a box without knowing the whole story (how many investors have flipped homes without all the information…that is so scary to check those boxes)
• It puts the responsibility back into the buyers hands to complete their due diligence and ask questions that actual impact the transaction materially.

Buyers are protected

• Buyers don’t rely on what the sellers have disclosed and instead they exercise their due diligence to get all the information about their major purchase….THEIR NEW HOME
• Buyers ask the questions they really want to know and what materially could affect their purchase of the home
• It ensures that the buyers truly know the home, they have an inspection, they have all the tests they want completed and they too learn more about the house in general.
• Buyers need to consider how much information actually passes through owners particularly if there has ever been an investor owner, they need to know for themselves and not rely on a checkbox form.

We expect pushback. We expect some buyer representatives to be cautious and nervous. We also know that if we move forward as a brokerage that we can better protect our sellers and our buyers. We expect buyers to ask, does that mean they are hiding something? No! The obligation for them to share material defects is still there, they just don’t have to do it in a checkbox. The form is too general in some areas, too specific in others and ultimately it doesn’t open the door for the sellers to truly share what they are committing to share in the real estate purchase contract and we know we can do better!

I’m excited. I am excited to have this one more tool to be able to better protect my sellers (and buyers). I would love to discuss it with you more. Let me know if you have questions!

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Secluded backyard with Views! You don’t want to miss out on this home in Valley Hills. Multi Level home is perfect for entertaining or spending time with your family. The large deck with mature trees provides for a secluded back yard with just enough of an opening for a view of Timpanogos. Square footage figures are provided as a courtesy estimate only and were obtained from County Records. Buyer is advised to obtain an independent measurement.

Call me today for more information!

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Listed with Innovative Real Estate

See More at: www.utahrealestate.com/1677594

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SOLD

Invest in your Recreational Future! Beautiful lot with mature trees in a private mountain community. Build your dream family cabin or your full time year round accessible home! Perfect location within easy access to mountain recreation and Heber City. You can have the best of both worlds in Timberlakes. This lot has a great location, perc test complete for septic, water is connected and it is the perfect canvas to make your dreams come true!

https://www.utahrealestate.com/1674275

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I will be trying some recipes from here:

https://www.kentuckyderby.com/145-kentucky-derby-at-home-menu

And Also enjoying a Mint Julep and an Old Fashioned (also found at the above link:)

Mint Julep

• Woodford Reserve Bourbon
• Simple Syrup
• Fresh Mint Leaves
• Crushed Ice

Old Fashioned

I would love to see how you enjoy the derby!

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