Real Estate Resources in Utah
Northern Utah is home to world famous skiing in the winter, and some amazing hiking, climbing, and other adventures in the summer. Most adventures are within a 1 to 3 hour drive of Salt Lake City, making them very accessible to a large number of people. These are more scattered in Northern Utah away from the Wasatch Front.
The state is known for its skiing, with the mountains near Salt Lake City collecting an average of 500 inches of snow per year, as well as for the Sundance Film Festival, one of the world's premiere independent film festivals, staged each January in Park City.
Utah Real Estate Information
With more demand than supply, home prices have increased. Year over year, prices rose 19.5% to an average of $639,131. Prices were 6.1% higher than in the fourth quarter of 2021. Mortgage rates have increased. However, there is normally a lag between rising financing costs and their impact on sales or prices, it’s too early to tell if the market will experience any slowing.
Real Estate Links
What Is a Company That Buys Houses in Utah?
If you are a home seller looking for a buyer for your property, you owe it to yourself to explore all your options and get the facts about companies that buy houses in Utah. We encourage you to dig through our home buyer blog pages to learn more about what we do. Below are some objective third-party sites that explain what a home buyer is and how they can help you sell your house fast in Salt Lake City, Utah.
Resources for Selling a House Regardless of Your Situation
Not every home sale fits nicely into a traditional market package. There are a lot of circumstances that may keep you from being able to sell your house the traditional way. A cash sale gives you more flexibility to sell your house as-is for cash and get out of your mortgage. Here are some resources for common situations in which we work with home sellers.
If you plan to file bankruptcy, a cash sale may help you pay off your debts or avoid bankruptcy.
- “How to Sell a Home During Bankruptcy” - NOLO
- “Can I Keep My Home After Filing Bankruptcy?’ - FindLaw
- “What if I Want to Sell My Home During Bankruptcy?” - Allmand Law
If you have late mortgage payments or are on the verge of foreclosure, a distressed house, or a short sale, a cash home sale can help you sell your house fast and get out of your mortgage. This option can help you avoid foreclosure and even save your credit to buy another house down the road.
If a deceased loved one left behind debts or unpaid taxes, the executor (usually a family member) will need to assess and sell enough assets to pay the debts. You may need to sell your inherited house as-is for cash to raise enough money to pay the debt and close the probate case.
- “How to Sell a House During Probate” - DH Trust Law
- “Can an Executor Sell a House in Probate?” - SFGate
Trying to sell a house during divorce is difficult enough due to the legal issues between both parties in court. A divorce can also lead to financial hardship such as bankruptcy or foreclosure. So, the question is whether you can legally sell your house during a divorce proceeding and whether you should sell your house before or after a divorce.