Salt Lake City and Beyond Happenings

Event Spotlight

Spring Bonsai Show March 28-29, 2015 Red Butte Garden, Salt Lake City more info >> Members of The Bonsai Club of Utah will be on hand to exhibit different bonsai styles and arrangements and offer demonstrations of training and shaping techniques.

Featured Events

TV on the Radio March 28, 2015 The Depot, Salt Lake City more info >> TV On The Radio will be out on tour this spring in support of their latest album, "Seeds." See them live March 28th at The Depot!

The Mikado March 27-28, 2015 Heritage Theatre, Brigham City more info >> This Gilbert and Sullivan master piece has been tickling funny bones for more than a hundred years.

Baroque Band March 26, 2015 Manon Caine Russell Kathryn Caine Wanlass Performance Hall - Utah State University, Logan more info >> Baroque Band, the superb period instrument orchestra, creates exciting performances that emerge from the best of baroque scholarship while leaving stuffy attitudes behind.

AVOID FORECLOSURE
AT ALL COSTS

Home Affordable Foreclosure Alternatives (HAFA) Program

Benefits of a HAFA Short Sale:

• ZERO liability for the deficiency you owe to your lenders
• Receive up to $10,000 to help pay for relocations
•  100+ mortgage servicers participate in the program
• OR your mortgage is owned by either Fannie Mae or Freddie Mac
• The Attorney on our Short Sale Team enforces HAFA compliance for your home

Qualifications for a HAFA Short Sale:

• Documented financial hardship.
• No new home purchases within the last 12 months.
• First mortgage is less than $729,750
• Mortgage start date is prior to January 1, 2009
• No real estate transaction or mortgage felony convictions within the last 10 years
• You live in the home or have lived there in the last 12 months.

HAFA has clear deadlines put in place to keep the process streamlined unlike those of other short sales. Mortgage servicers must evaluate homeowners for HAFA within 30 days after one of the eligibility criteria is met. Once eligibility is determined, any and all foreclosure activity must cease on the property during the short sale process.

One challenge in the HAFA short sale is the requirement of professionals who are familiar with the HAFA program to make sure that the lender/servicer is playing by the rules and properly evaluating the file for eligibility. Our team enforce lender compliance and will create a strategic plan which addresses your entire financial situation.
Go to    bit.ly/1FPC6du     for more information on our Short Sale Information Hotline.
 

Existing-Home Sales Cool in January As Available Inventory Remains Subdued

WASHINGTON (February 23, 2015) – Existing-home sales declined in January to their lowest rate in nine months, but the pace was higher than a year ago for the fourth straight month, according to the National Association of Realtors®. All major regions experienced declines in January, with the Northeast and West seeing the largest.
Total existing-home sales¹, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, fell 4.9 percent to a seasonally adjusted annual rate of 4.82 million in January (lowest since last April at 4.75 million) from an upwardly-revised 5.07 million in December. Despite January’s decline, sales are higher by 3.2 percent than a year ago.

Read the complete report