What is GAP Lending, How Investors and Home Owners Can Fund Their Dreams, Fix Problems
Gary Buys Houses Blog
by Gary Parker
5d ago
As a local Utah lender and real estate cash buyer, I’ve seen firsthand how GAP lending can be a lifesaver for homeowners and investors alike. But what exactly is GAP lending, and how can you take advantage of it? Let me break it down for you. GAP lending, also known as gap financing, is a type of short-term, high-interest loan that fills the “gap” between the amount a property owner owes on their... Source ..read more
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How to Stop Foreclosure Borrowing Money From a Local Investor
Gary Buys Houses Blog
by Gary Parker
1M ago
The threat of foreclosure can be a haunting reality for many homeowners. It’s a situation that can leave individuals and families fearing the loss of their homes, the heart of their stability. However, solutions do exist. One of these solutions is borrowing equity from your home or seeking hard money loans. Today I’ll discuss these options and how they can be a lifeline to you as a homeowner if... Source ..read more
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How Much are Closing Costs in Utah, 2024 Guide
Gary Buys Houses Blog
by Gary Parker
1M ago
Purchasing a home comes with hidden costs that go beyond the price tag on the house. Many of those extra costs that are unavoidable are wrapped up in one term: Closing costs. So if you’re wondering, “How much are closings costs in Utah?” then we’ve got you covered. Read on to see what it covers and what it costs. When it comes to buying a house there are a lot of people who need to get paid for... Source ..read more
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When Is It Too Late to Stop Foreclosure? The Truth in 2024
Gary Buys Houses Blog
by Gary Parker
2M ago
Hello, I’m Gary, a local trusted cash home buyer. Today, I’m here to guide you through a pressing concern many homeowners face: when is it too late to stop foreclosure? Facing foreclosure is daunting, and the clock always seems to tick faster as you scramble for solutions. But fear not, I’m here to help you navigate these turbulent waters with clarity and hope. Foreclosure is a legal process where... Source ..read more
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Is Ownerly Legit? Updated Review With 5 Better Alternatives to Knowing Your True Home Value
Gary Buys Houses Blog
by Gary Parker
3M ago
Ever wonder what your home is valued at? Or your neighbors? Or someone’s home that’s 6 states away? What if I told you that there is a way to find out- with just one click of a button? That’s right, the website Ownerly.com can find the value of your home and more. Let’s dive in to what Ownerly is, the pros and cons of using it, other alternatives, and if it is right for you. Ownerly is an online... Source ..read more
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How Many Mortgages or Liens Can You Have on Your House?
Gary Buys Houses Blog
by Gary Parker
3M ago
Dreaming of accessing more of your home’s equity but already sporting two mortgages? The alluring concept of a “3rd mortgage” might cross your mind. In today’s article I’ll share with you the top 5 pros and cons you should consider in making your decision to get that third lien. Technically, you can have multiple liens on your house in addition to mortgages. Liens can arise for various reasons... Source ..read more
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How Much Do You Lose Selling a House As-Is in 2024?
Gary Buys Houses Blog
by Gary Parker
4M ago
Selling a house as-is can be a convenient and potentially cost-effective option for homeowners who want to sell their property quickly and without making repairs or improvements. However, it’s important to be aware of the potential risks and drawbacks of this option, as well as the legal considerations that may apply. In this article, we’ll explore the pros and cons of selling a home as-is... Source ..read more
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Can an executor sell property to himself?
Gary Buys Houses Blog
by Gary Parker
4M ago
If you’ve recently inherited a property or find yourself the executor of a will — without knowing exactly all that this entails — then you might have a lot of questions about your role. So what can an executor do? Can an executor sell a property to himself? What can an executor do exactly? Read on to learn all about what an executor can and cannot do. An executor is the person or institution who... Source ..read more
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What is considered a long time for a house to be on the market?
Gary Buys Houses Blog
by Gary Parker
4M ago
No home owner goes into the lengthy process of selling their home on the market without hoping it will sell quickly. Odds are good that you have a job, new home or opportunity lined up that is motivating your move so timeliness is of the essence. Before you even list your home it’s a good idea to know what is considered a long time for a house to be on the market and how your home listing can... Source ..read more
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The 4 Best And Worst Months to Sell a House in Utah
Gary Buys Houses Blog
by Gary Parker
5M ago
Knowing the best months to sell a house in Utah can help you get the biggest bang for your buck. As you probably know, there is a lot that goes into selling a house and preparing to put it on the market. Listing your house at the wrong time can be detrimental. Instead learn the four best months to sell a house and the 4 worst months to sell a house in Utah to give you the greatest chances of... Source ..read more
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