Real Estate Information Archive


Displaying blog entries 1-3 of 3

7 Surefire Tips to Fix Up a Foreclosure

by Jeremy Larkin

A foreclosure home is often in need of TLC. Get tips on easy low-cost remodelling projects that can turn an unfortunate situation into a tidy profit! Feel free to reach out to us directly for other great home staging tips OR any questions about St. George Real Estate. 435-767-9821

ST. GEORGE HOME BUYERS: Get Power with a Pre-Approval

by Jeremy Larkin - St. George Real Estate Ninja

Pre-approvals are the real deal! Recent studies show that Buyers who get "pre-approved" are significantly more likely to actually CLOSE on a home as those who are just "pre-qualified." β€‹Is there even a difference? YES. 

In a prequalification scenario, you call a Lender, tell them your income over the phone and perhaps​ they run your credit, after which they say, "you're good to go." The problem with this? It's like calling your Heart Surgeon  and just explaining the symptoms over the phone. Can you even imagine it? NO WAY. That Doc would IMMEDIATELY SAY, "I can't diagnose you over the phone. Come in for a full checkup." 

Enter stage right: The PRE-APPROVAL. In this scenario, a Lender who's worth their weight in salt...and gold, and a bunch of other stuff, has the Buyer bring in FULL documentation of employment, income, and pulls credit. They are literally saying, "barring a major disaster (like the purchase of a speedboat) and pending a signed sales contract between Buyer and Seller, you're GOLDEN for $_____. That's power for 2 reasons:

1. You're not wasting your time. You know what's real and you're armed for battle if you find the home of your dreams.  

2. Sellers in today's market DEMAND Buyers get a strong pre-approval, especially​ banks selling foreclosed homes. 

Check out the vid below on this subject by KW International. In the meantime we want to thank Matt Hickman of Academy Mortgage for some fine insights on this subject - he's one of the very best. If you'd like to inquire with Matt about YOUR home loan, he can be reached at 435-632-6811, or to discuss a home loan pre-approval. 

Foremaster Ridge Foreclosures

by Jeremy Larkin

Foremaster Ridge Foreclosure History

Foremaster Ridge Foreclosures, as well as neighboring East Ridge Foreclosures (which shares the East Ridge Mesa of St. George), were once upon a time (Pre-2005) almost non-existent.  St. George foreclosures of ANY KIND, were almost non-existent prior to the nation-wide real estate bubble which, subsequently, burst. It seemed that virtually overnight​, St. George foreclosures in general burst. 

Like the rest of surrounding St. George real estate, Foremaster Ridge was no exception, and unfortunately gained the temporary, but undesirable title of “Foreclosure Ridge!”  Numerous “spec builders”, many of them from far away out of State locales, were throwing up HUGE luxury homes as fast as they could, only to see their investments taken from them – resulting in a glut of Foremaster Ridge Foreclosures.

Foremaster Ridge Foreclosures Fading into History (yahoo!)

The good news for OWNERS concerned about their St. George Home Values is that Foremaster Ridge foreclosures are not only on the DOWNSWING, they are once again almost non-existent! Look at historical Foremaster Ridge Foreclosure sales for the past 5 years:

5-Year Foremaster Ridge Foreclosure Sales History

Foremaster Ridge Foreclosure Sales

The evidence of a St. George real estate recovery is OBVIOUS in these figures. This obviously bodes well not only for Foremaster Ridge residents, but for the whole danged market!

Why I’ve Personally Considered a Future Move to Foremaster Ridge

Yes, I really have as recently as the past month considered purchasing a building lot on Foremaster Ridge to someday build on. Why? You simply can’t beat the location.

This East Ridge of St. George is truly a little ‘island in the sky.’  I’ve taken photos of downtown St.  George after rain storms from Foremaster Ridge when the clouds blanketed the entire down City, but sun was shining away on the Ridge. You’re sitting in an upscale, (but not stuffy) neighborhood that could easily be 10 miles out of town, but sits literally 2 minutes to Dixie Regional Medical Center, and 2-5 minutes from the core of St. George Big-Box Retailers including Target, Lowe’s, Ross, Dick’s Sporting Goods, and more!

Some Details about the ONLY (at least currently) available Foremaster Ridge Foreclosure

Foremaster Ridge Foreclosure For Sale329 S. Crestline Dr - The layout of this Foremaster Ridge Foreclosure could as easily satisfy a growing family as it may a “Snowbird” looking for respite from cold Northern winters.

Featuring BRAND NEW CARPET and home-wide paint touchup, the home smells AND looks fantastic. 3-car garage? Check. Grand entry-way? Check. Fully fenced yard? Check. Amazing St. George location surrounded by a fantastic neighborhood? CHECK!

Note that this Foremaster Ridge foreclosure is a Fannie Mae property which may allow you to purchase for as little as 3% down!. Keep up with pricing and other details here: Foremaster Ridge Foreclosure.


Displaying blog entries 1-3 of 3




Contact Information

Photo of Jeremy Larkin - The Larkin Group Real Estate
Jeremy Larkin - The Larkin Group
Keller Williams Realty
50 E 100 S, Suite 300
St. George UT 84770
Fax: 435-359-5085

St. George Real Estate - Your premier destination for St. George,Utah Real Estate Listings, Home Values, MLS Search, REO/Foreclosure Info &  St. George Real Estate Statistics.  Serving St. George, Santa Clara, Ivins, Washington, Hurricane, LaVerkin, Toquerville & more! Specializing in REO/foreclosure properties, frustrated Sellers, First-Time home buyers, and Investors. Looking for the most LOCAL St. George, Utah real estate information available? Your search is over!