Comments for The Jimmy Rex Team http://www.thejimmyrexteam.com Lehi Utah Real Estate Thu, 28 Aug 2008 07:49:02 +0000 http://wordpress.org/?v=2.2.2 Comment on Utah County Notice of Default 2/28/2008 by Annice webb http://www.thejimmyrexteam.com/utah-county-notice-of-default-2282008/#comment-216 Annice webb Thu, 15 May 2008 16:37:39 +0000 http://www.thejimmyrexteam.com/utah-county-notice-of-default-2282008/#comment-216 Has the property at 84 Slant Road been sold? Has the property at 84 Slant Road been sold?

]]> Comment on Rate Watch - Chris Jones Group by Adam http://www.thejimmyrexteam.com/rate-watch-chris-jones-group-2/#comment-201 Adam Fri, 02 May 2008 01:42:19 +0000 http://www.thejimmyrexteam.com/rate-watch-chris-jones-group-2/#comment-201 Close Chris, I am renting a 4,000 square foot house from an investor from California for $1250 per month(he couldn't sell it a year ago). I'm sure you met a lot of those over the last two years since they bought 50% of the houses. I am one of the few that could actually buy a home, but just like everyone else, I am going to wait until the market finishes crashing before I even think about it(and I will not need a Realtor). Taking a four week course to get a Real Estate license does not make you a Professional. You jokers have made way more money than you deserve the last few years, but it's over, I hope you saved some. If you were Professionals, you wouldn't see owner agent signs on most of those homes in Lehi or Eagle Mountain or South Jordan or Draper or Herriman or anywhere else in Utah or the Country for that matter. It is a good thing this is a blog, because I don't think you could look anyone in the eye and feed them this crap. Then again, Realtors are getting more and more desperate by the minute. It is a great time to have a rental property if you bought it three years ago. It is a terrible time to buy an investment property, but you know that, you and all your buddy's aren't buying anything right now. Close Chris,

I am renting a 4,000 square foot house from an investor from California for $1250 per month(he couldn’t sell it a year ago). I’m sure you met a lot of those over the last two years since they bought 50% of the houses. I am one of the few that could actually buy a home, but just like everyone else, I am going to wait until the market finishes crashing before I even think about it(and I will not need a Realtor).

Taking a four week course to get a Real Estate license does not make you a Professional. You jokers have made way more money than you deserve the last few years, but it’s over, I hope you saved some. If you were Professionals, you wouldn’t see owner agent signs on most of those homes in Lehi or Eagle Mountain or South Jordan or Draper or Herriman or anywhere else in Utah or the Country for that matter.

It is a good thing this is a blog, because I don’t think you could look anyone in the eye and feed them this crap. Then again, Realtors are getting more and more desperate by the minute.

It is a great time to have a rental property if you bought it three years ago. It is a terrible time to buy an investment property, but you know that, you and all your buddy’s aren’t buying anything right now.

]]> Comment on Utah County Notice of Default 4/28/2008 by Chris Francis http://www.thejimmyrexteam.com/utah-county-notice-of-default-4282008/#comment-200 Chris Francis Thu, 01 May 2008 19:03:18 +0000 http://www.thejimmyrexteam.com/utah-county-notice-of-default-4282008/#comment-200 This is a fantastic question and one that we get a lot. Here is a <a href="http://www.thejimmyrexteam.com/what-is-the-notice-of-default/" rel="nofollow">link to a post</a> we just created to thoroughly explain exactly what this means. We've also created a permanent link on the home page of our site in case you want to refer back to it. Thanks for your interest! This is a fantastic question and one that we get a lot. Here is a link to a post we just created to thoroughly explain exactly what this means. We’ve also created a permanent link on the home page of our site in case you want to refer back to it. Thanks for your interest!

]]> Comment on Rate Watch - Chris Jones Group by Chris Francis http://www.thejimmyrexteam.com/rate-watch-chris-jones-group-2/#comment-199 Chris Francis Thu, 01 May 2008 18:46:43 +0000 http://www.thejimmyrexteam.com/rate-watch-chris-jones-group-2/#comment-199 While doing your own research, check out a <a href="http://www.kutv.com/content/news/topnews/story.aspx?content_id=BC39A0C7-FD4D-4195-8622-93B3228625F9&gsa=true" rel="nofollow">story that aired on Channel 2 News</a>. This story explains that now is a great time to have a rental property. There are many reasons for this, one of which is that many people who don't qualify for loans need places to stay. Regardless of what you think, the truth is, the market isn't that bad and it won't get much worse. This is why we are real estate professionals and you're the kind of guy that bought in a seller's market and now have a 3,500 square foot spec home in Lehi. While doing your own research, check out a story that aired on Channel 2 News. This story explains that now is a great time to have a rental property. There are many reasons for this, one of which is that many people who don’t qualify for loans need places to stay. Regardless of what you think, the truth is, the market isn’t that bad and it won’t get much worse. This is why we are real estate professionals and you’re the kind of guy that bought in a seller’s market and now have a 3,500 square foot spec home in Lehi.

]]> Comment on Utah County Notice of Default 4/28/2008 by edith stevens http://www.thejimmyrexteam.com/utah-county-notice-of-default-4282008/#comment-190 edith stevens Tue, 29 Apr 2008 06:19:48 +0000 http://www.thejimmyrexteam.com/utah-county-notice-of-default-4282008/#comment-190 What does it mean when a property appears on the notice of default? How can I find information about each property. When can it be purchased and through whom? thanks What does it mean when a property appears on the notice of default? How can I find information about each property. When can it be purchased and through whom? thanks

]]> Comment on Rate Watch - Chris Jones Group by Adam http://www.thejimmyrexteam.com/rate-watch-chris-jones-group-2/#comment-171 Adam Sun, 20 Apr 2008 21:31:05 +0000 http://www.thejimmyrexteam.com/rate-watch-chris-jones-group-2/#comment-171 Chris, the blood has not even begun to hit the streets in Utah, and anyone with investment experience is not buying in Utah right now. You are right, it is a GREAT time to be a buyer, but it is not a great time to buy. Utah housing market is crashing as we speak, so anyone who buys right now will be upside down by fall. As for the market rebounding and interest rates going up, maybe in 2010, but probably later than that. Why don't you retract this article and repost it next March after the entire market has dropped 20% and you can still negotiate another 15%. Don't trust Realtors, do your own research. Chris,

the blood has not even begun to hit the streets in Utah, and anyone with investment experience is not buying in Utah right now.

You are right, it is a GREAT time to be a buyer, but it is not a great time to buy. Utah housing market is crashing as we speak, so anyone who buys right now will be upside down by fall.

As for the market rebounding and interest rates going up, maybe in 2010, but probably later than that.

Why don’t you retract this article and repost it next March after the entire market has dropped 20% and you can still negotiate another 15%.

Don’t trust Realtors, do your own research.

]]> Comment on Rate Watch - Chris Jones Group by Chris Francis http://www.thejimmyrexteam.com/rate-watch-chris-jones-group-2/#comment-161 Chris Francis Tue, 15 Apr 2008 20:13:36 +0000 http://www.thejimmyrexteam.com/rate-watch-chris-jones-group-2/#comment-161 I appreciated your comment on our website. I certainly don't agree with you, and the tone you project is disappointing. We don't try to sucker anyone. That is one of the biggest reasons why we aren't hyping that it is a great time to be selling a home right now! I'm not sure how familiar with the real estate market you are, but one basic thing you fail to understand is the ability of a top agent to negotiate on behalf of his/ her client. We currently have several buyers under contract that we were able to help negotiate a purchase price anywhere from 10% - 15% lower than the asking/ appraised price of the home. Add that to the fact that interest rates are at historical lows and that Utah's own market is still fair compared to the rest of the nation and you get a very good time to be a buyer. I'm not sure where you are from or what type of business background you have, but this is THE time to make a great buy. Even without the increasing foreclosures that are available for pennies on the dollar, the market is naturally readjusting itself to the advantage of anyone that can buy. When the market rebounds and it becomes a seller's market again, interest rates will most likely be in the low 7% range... I'm sorry you feel the way you do, but talk to anyone with investment experience and they'll tell you, "When there is blood in the streets, buy." I appreciated your comment on our website. I certainly don’t agree with you, and the tone you project is disappointing. We don’t try to sucker anyone. That is one of the biggest reasons why we aren’t hyping that it is a great time to be selling a home right now! I’m not sure how familiar with the real estate market you are, but one basic thing you fail to understand is the ability of a top agent to negotiate on behalf of his/ her client. We currently have several buyers under contract that we were able to help negotiate a purchase price anywhere from 10% - 15% lower than the asking/ appraised price of the home. Add that to the fact that interest rates are at historical lows and that Utah’s own market is still fair compared to the rest of the nation and you get a very good time to be a buyer. I’m not sure where you are from or what type of business background you have, but this is THE time to make a great buy. Even without the increasing foreclosures that are available for pennies on the dollar, the market is naturally readjusting itself to the advantage of anyone that can buy. When the market rebounds and it becomes a seller’s market again, interest rates will most likely be in the low 7% range… I’m sorry you feel the way you do, but talk to anyone with investment experience and they’ll tell you, “When there is blood in the streets, buy.”

]]> Comment on Rate Watch - Chris Jones Group by Adam http://www.thejimmyrexteam.com/rate-watch-chris-jones-group-2/#comment-160 Adam Tue, 15 Apr 2008 02:36:16 +0000 http://www.thejimmyrexteam.com/rate-watch-chris-jones-group-2/#comment-160 Chris, you forgot to mention that Utah housing values are starting to crumble just like the rest of the nation. Therefore it is a horrible time to become a home owner. You know this and you are lying through your teeth trying to sucker someone into overpaying 25% for a home right now. How do you sleep at night. Anyone in the market with a brain, is sitting on the sidelines watching you realtors, mortgage brokers, investors, and builders squirm. Give your readers some credit, your opening line is the most idiotic statement I've seen by a realtor this year, and I there have been a lot. Chris,

you forgot to mention that Utah housing values are starting to crumble just like the rest of the nation. Therefore it is a horrible time to become a home owner. You know this and you are lying through your teeth trying to sucker someone into overpaying 25% for a home right now. How do you sleep at night. Anyone in the market with a brain, is sitting on the sidelines watching you realtors, mortgage brokers, investors, and builders squirm. Give your readers some credit, your opening line is the most idiotic statement I’ve seen by a realtor this year, and I there have been a lot.

]]> Comment on Another Great Real Estate Investment Book by Dani http://www.thejimmyrexteam.com/another-great-real-estate-investment-book/#comment-2 Dani Thu, 08 Nov 2007 21:57:56 +0000 http://www.thejimmyrexteam.com/another-great-real-estate-investment-book/#comment-2 Thanks for the note! Bill and I also have a blog on this at entrepreneur.findingforeclosures.com. We would be happy to answer any questions here or there! :) Dani Thanks for the note! Bill and I also have a blog on this at entrepreneur.findingforeclosures.com. We would be happy to answer any questions here or there! :)

Dani

]]>