I had the opportunity to tour the new Red Ledges development in Heber City this week with other agents from my office. It is a spectacular new residential development with a Jack Nicklaus Signature Golf Course as the centerpiece. The community well eventually have about 1200 residences and will incude a Jim McLean Golf School, a Cliff Drysdale Tennis School, a park and a commercial area. The lion's share of the property will be preserved as open space. The views are spectacular and the quality of the work being done there now is incomparable. Building lots start at around $330,000 and go up from there depending on size and location. For more inormation - maps, etc. email me and I will get you the info.
For all of you home owners in Utah, there is something going on right now that you need to be aware of. My good friend Harry Rodas of Century 21 Bushnell in Orem emailed me concerning the warranties contained in the current real estate purchase contract we use in Utah.
Here is what Harry said:
There is a formal recommendation being made to the Utah Division of Real Estate that is a mistake. I am asking for your help in stopping a damaging change to the Utah Real Estate Purchase Contract.
The Short version is the proposal seeks to remove some of the warranties in the purchase contract that protect a buyer of a home in Utah. If the proposal is implemented, buyers would have no assurance that the home as a roof or foundation free of leaks, and no guarantee that the furnace works etc.
Please keep in mind that the option to sell a home in “As-Is” condition without warranties HAS ALWAYS BEEN AN OPTION!
If you want very detailed information on the issue, please read my blog post at the following link: http://hrodas.com/wordpress/?p=472
PLEASE contact the Division of Real estate either by email or a letter (preferably both) and tell them that you want the warranties in section 10.2 of the Utah Real Estate Purchase Contract to remain intact as they now are. Please have an email and/or letter (both is preferred) from every adult member of your household. Please pass this on to other friends, family, REALTORS etc.
Mailing Address:
Utah Division of Real Estate
PO Box 146711
Salt Lake City, UT 84114-6711
Email: realestate@utah.gov
Division of Real Estate Contact info can also be found at http://realestate.utah.gov/
Please take the time to do this!
I thank Harry for helping to keep us in the know and encourage all of you to get involved. Don't be the Silent Majority. Speak up now and help to preserve and protect private property rights.
Friday, April 4, 2008
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