Real Estate of Teton Valley Blog
By Karin Wertheim • Posted on Jan 8th, 2013
You've found the home or property of your dreams-Congratulations! You’ve already secured the pre-qualification letter from your lender, so hopefully everything is smooth sailing to closing. Unfortunately, the loan is never a guarantee until it is funded. Here are a few mistakes to avoid that there are no hiccups in the loan process.
4 Biggest Mistakes in Home Loan Lending
- Establishing new debt. For example, financing with...
By Karin Wertheim • Posted on Dec 14th, 2012
The Teton Valley market had 22 closings in the month of November as reported to the Teton MLS. November closings were down a bit from October, but that is an expected seasonal adjustment. October is traditionally one of the biggest months for closings due to our heavy activity in the summer months.
As expected, residential sales trumped land sales, which has been the trend...
By Karin Wertheim • Posted on Dec 6th, 2012
October was a big month for closings in Teton Valley. This is not surprising since most of the properties that sold went under contract during the late summer which is traditionally the busiest time of the year in our real estate market. Twenty-two homes, three condos, and 14 parcels of land were closed in the month of October. A few observations about the current status...
By Karin Wertheim • Posted on Nov 13th, 2012
The Teton Valley market has been very active in the last few months and we are starting to see multiple offers on properties that are good values. Many of these homes great deals and are mostly bank owned homes or short sales.
If you are getting financing for your purchase, never before has getting a timely pre-qualification letter from a lender been so important. With a...
By Karin Wertheim • Posted on Oct 24th, 2012
Greetings from Teton Valley! The market remains quite active, which is usual for this time of year. The supply of homes and condos under $250k has been shrinking and it looks like we will be seeing some appreciation in that category due to a dwindling supply. Overall most buyers we are seeing are second home buyers, with fewer homes selling to investors and primary residents.