Realtors Working to Educate Buyers and Sellers About Wire Fraud

Northern Wasatch Association of Realtors Advice

Imagine you’re a homebuyer who has just wired tens of thousands of dollars for the down payment on a home. You think everything is OK until the title company tells you they never received your money and you discover the wiring instructions you received were fraudulent. You’ve likely sent your down payment directly to a cybercriminal. Unfortunately, this is a situation more and more buyers find themselves in as hackers and scammers — often from outside the U.S. — attempt to steal money changing hands in a real estate sale. Here’s how it works. A scammer will hack into the email address of someone associated with the real estate transaction, e.g., the real estate agent or title representative. The scammer …

Northern Utah real estate places high on national rankings

Northern Wasatch Association of Realtors Advice

Anyone who’s bought or sold a home recently in Northern Utah knows the real estate market is hot. The market is so hot, in fact, that several national rankings list the Ogden-Clearfield metro area as one of the most active markets in the country. This includes Weber, Davis, Morgan and Box Elder counties. One example is a Realtor.com study that says the Ogden-Clearfield metro ranks No. 5 for the fastest-selling homes during July 2018. That’s out of 500 metro areas nationwide. The median time a local home stays on the market is 31 days. The only markets to have faster real estate transactions were San Jose-Sunnyvale-Santa Clara, Calif. at 26 days; Midland, Texas at 29 days; San Francisco-Oakland-Hayward, Calif. at …

The 7th Annual Food For Funds – Food and Clothing Drive

Tiffany bigelow event

Northern Wasatch Association of REALTORS 7th Annual Food For Funds ~ Food and Clothing Drive Food and Clothing Drive September 14th to November 7th Main Event – Breakfast, Unloading & PR – November 8th at 7am – The Lantern House in Ogden There’s Nothing More Rewarding than Giving Back and Making a Difference in the Lives of the People in this Great Community. We as REALTORS have a special way of communicating with people, that’s what we are best at. We know how to reach out to those in need and we find great joy in doing so. It isn’t for the win, it isn’t for the notoriety, it is really about that one special moment of knowing you, your team and your community rolled up …

Insurance issues that affect the home-buying process

Northern Wasatch Association of Realtors Advice

When most people first think about buying a home, they are likely not considering the insurance implications. However, insurance plays an important role in the purchase process. Here are some facts about insurance you’ll want to be aware of as you buy a home. Homeowners Insurance It’s important to remember not all homes qualify for insurance. Because of a property’s location and claims history, affordable coverage may not be available for the house you’d like to buy. Before making a purchase, talk to an insurance professional about whether you’re able to secure adequate coverage at a price you can afford. Also make sure to talk about what is included under the policy, including whether there is enough coverage to rebuild …