Monday, February 19, 2018

Amazing Parcel For Sale!

7368 E Valley View Dr. S #1463, Heber City, Utah

Gated Community with beautiful valley and mountain views. Close to Heber City and all of its amenitites and far enough for a feel of serenity and privacy. Year round access to this property. Build a primary residence or a get-away cabin. Bring your ATV's, snowmobiles, tackle, ski's, etc. In the heart of beautiful Wasatch County, close to golf courses, blue ribbon fly fishing, Apline and Nordic skiing, boating, water skiing and much more. 

Best Regards,
Brian Olsen - Utah Realtor
C: 801-318-3108

Monday, February 12, 2018

Recently Purchased Home in Midway, Utah!

This beautiful home is found in one of the most beautiful
places in Utah; Midway. Midway is next door to Heber City
and a short 30 minute drive from Park City. Home to 
Swiss Days and The Ice Castles, this could be the perfect place
 for your vacation home or primary residence. 

This 2-Story, 5 bedroom/4 bathroom, 5200 square foot, single 
family home was built in 2007, has a 3 car garage and is on .32 acres.
155 homes sold during 2017 in Midway. There
are currently 54 homes listed for sale and 17 under contract.

If you are searching for your ideal home, please contact me.
I look forward to hearing from you!

Best Regards,
Brian Olsen - Utah Realtor
C: 801-318-3108

Monday, February 5, 2018

Incredible 1466 Acre Parcel For Sale!

Billy Hawes Canyon and Slipper Hollow

In the Wallsburg Valley, mention the Billy Haws Canyon or Slipper Hollow and probably anyone will look to and point to the southwest hills toward the Wallsburg Ridge. Billy Haws is one of the most lush and largest canyons accessing the WAllsburg Ride and a large portion of the canyon is included in this amazing 1,440 acre retreat. In the aspen, pines, oak and wildlife abound as well as areas with waist high grass. This property provides an incredile huntin opportunity, a horseman's riding paradise, a ranchers dream, a hikers challenge or a snow shoeing wonderland. For a personal or corporate retreat the beauty of the Uintah National Forest surrounds you here. 

The adventurous will enjoy the views and beauty looking over the Wallsburg Valley, Deer Creek Reservoir and Midway to the north and east or turn to the west and enjoy the view of Bear Canyon. In this P-160 zone with 14 acre feet of water, build your own private estate, corporate retreat or keep the property in its natural state and stay nearby with all the accommodations you could want with beauty of the Uintah National Forest surrounding you. The amenities of golfing, fishing, boating, skiing, snowmobiling, snorkeling, etc. are all nearby as well as 5 star dining & entertainment. 

Best Regards,
Brian Olsen - Utah Realtor
C: 801-318-3108

Monday, January 29, 2018

Recently sold Home in Heber City, Utah!

I recently listed a beautiful home in the Heber Valley
This home was on the market for 11 days before 
going under contract. Are you considering selling 
your property? Now may be the time!

This 4 bedroom, 3 bathroom single family home
with 2400 square feet was built in 1999. It has a two car 
oversized garage, a private deck with gorgeous views, 
and a jacuzzi tub and sold in 1 month and 1 day.

Please contact me for more information and to schedule a
free market evaluation of your home.

Best Regards,
Brian Olsen - Utah Realtor
C: 801-318-3108

Thursday, January 25, 2018

Flipping a Home and an FHA Purchase

Buying a home to repair, upgrade or totally change is an exciting challenge. You want the biggest pool of buyers possible when it comes time to sell the property which will include those who may purchase the property using an FHA loan. You may have even used a 203k FHA renovation loan to purchase the property, but that is for a different discussion.

Thanks to James Roberts and Luke Sorensen with Security Home Mortgage in Orem, for their continued education concerning the lending process and making it as smooth as possible.

So whether you have purchased a property to flip or you are a buyer looking to purchase a property and it is a flip of the sellers here is some important information concerning FHA restrictions:

1.  FHA does not allow a loan on a property where the seller acquired the property within the last 90 days. All other loan programs are fine (based on the qualifications of the buyer, the appraised value, etc.).
2.  Have a title company check the county records for the date when the sellers name was recorded on title - don't go off a settlement statement, MLS sold date or verbal communication.
3.  It is not the Settlement Date that needs to be past that 90 day minimum it is the contract date, so depending when the offer is made, make sure that after any negotiations the contract may not be signed and dated until day 91 and then the FHA loan process may begin.

If you have any questions get with a lender, or feel free to contact me and I'm happy to help.

Brian Olsen - Wallsburg World Realtor
M: 801-318-3108

Monday, January 22, 2018

Amazing Equestrian Ranch Estate in the Wasatch Back

Equestrian Estate Ranch in the ideal Wasatch Back valley of Wallsburg in Utah. Close to Park City and Sundance, Wallsburg provides the best get away for a Wasatch mountain valley retreat. *The high quality of construction and material create an incredible atmosphere; *Enjoy amazing summer days on the large deck, playing tennis, making the most of the year round green house or simply relax next to the fountain and enjoy the beautiful landscaping. 
Stay comfortable in this 12,328 SF home during the winter months with radiant heat, forced air and two fireplaces with scenic mountain and valley views through the large vaulted windows. Handicap accessible with an elevator and full kitchens on both floors. 
Amazing detail in the layout of the complex with a 20,000 sf indoor arena, 16 stalls and kitchen; *two story, extra wide tack room; fully fenced with automatic pivot for pasture irrigation on this 29.60 acres; *fully automated; *professional dog run with septic system, drive through access, large pens and play area, automated watering system, professional grooming area, and more and more and more!

Get pricing, location, and more pics -

Best Regards,
Brian Olsen - Utah Realtor
C: 801-318-3108

Wednesday, January 17, 2018

Interest Rates & Real Estate

Before Trump announced his pick of Jerome Powell to head the Federal Reserve, LPL Financial put an interesting graphic together shown in Newsmag. It predicts due to the height of the Fed Chair an increase in the interest rates.

It is a common sentiment that rates are going to rise though who knows for how much and when. Looking at the 30 year Fixed Rate Mortgage chart from ValuePenguin showing that from 1971 to 2017 we are still at amazingly low interest rates.
Time series showing the annual average of interest rates for 30-year fixed-rate mortgages from 1971 to 2017

If you are thinking of purchasing property, now is a great time you may still get a great mortgage rate. If you are thinking of selling, let me know also and we'll look at what the market value of your home is.

I look forward to hearing from you.
Take care,
Brian Olsen, Wallsburg World Realtor
Coldwell Banker
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