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Real Estate Tips
Bargain Properties >Affordable Real Estate

Are you still writing those checks to your landlord every month to keep a roof over your head, but not accumulating any home equity? If you are still renting because you think you still need a fortune to get into your own home, you should investigate today's real estate market.

Interest rates are still relatively low, which means that mortgage loans are affordable, with payments potentially in the range of your current monthly rent. Qualifying for a loan was never easier, especially since lenders have increased in large numbers and are competing for your business. Even if you couldn't qualify to buy a home just a few years ago, you may be able to qualify today. There are a number of government programs and mortgage packages which require small down payments, in the three to five percent range--and that is not even talking about the tax advantages! Think about it the next time you write a rent check.

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Real Estate Trivia
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To what process do the terms closing, escrow, settlement and passing papers refer?

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These terms, which vary in different parts of the country, describe the conclusion of a real estate sale.
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Michelle Koch, REALTOR®, real estate agent and broker for Cottonwood Heights, Salt Lake City and Sandy, Utah home listings, property and land for sale - NUMBER1EXPERT(tm)

Michelle Koch
RE/MAX Associates

9350 South 150 East, Suite 550
Sandy, UT 84070
Phone: 801-641-8724
Fax: 801-567-4791
Email: Michelle@MichelleKoch.com

Prior to my real estate career I was working in the Hospitality Industry for 15 years specializing in Luxury 5 Star Hotels. That management foundation has provided me with the necessary background to service my Real Estate clients with excellence and dedication. My husband, Rob Davis, joined me in real estate in 2002 and together we have a very successful real estate company and are proud to work for RE/MAX Associates.

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