JUST SOLD! Historic Lorin Farr Park Victorian Home

February 10, 2018 Posted by: Jeremy Peterson

I just closed on the sale of this amazing Victorian home located in the up and coming Lorin Farr Park district of Ogden.               This Victorian diamond in the rough was constructed in 1897.  The home is 1192 SQFT with a cellar basement space.  The current configuration is 2 Beds and 1 jack-and-jill style bathroom. There is also an addition to the rear of the home that appears to have been constructed in the 1930’s./     The home was originally listed in October 2017 […]

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Posted In: Sold Listing

VIDEO:  MY OLD HOUSE – Ep. 2 – 1908 Craftsman Home – Underground Plumbing Replacement

December 25, 2017 Posted by: Jeremy Peterson

It took two months but the basement floors were finally excavated and lowered a foot.  The job required 1300 Cubic Feet of earth and concrete be removed by hand and lifted out of the basement via bucket.  Plumbers were called to remove the old cast iron pipes and replace them with new.  Take a look as we walk you through the project at its current stage in anticipation of the next phase.     You can watch the first episode of our adventure HERE.  In the meantime, look for more […]

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Posted In: Miscellaneous

BAMBOOZLED: A Tenant’s Web of Deception

December 19, 2017 Posted by: Jeremy Peterson

We recently leased one of our properties to a family in Ogden.  At the time we received their application, everything seemed normal.  Their income verification checked out.  They received a good reference from a previous landlord in a newer neighborhood in Harrisville.  Their credit was choppy due to medical issues but was otherwise par for what we see with most tenants.  With everything looking good we approved their application and moved them in.   That is when the trouble began.  About a week after their move into the property we […]

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Posted In: Property Management

FOR SALE: Renovated Ogden East Bench Cottage

December 9, 2017 Posted by: Jeremy Peterson

We just listed this amazing property located at 2202 Taylor Ave. on Ogden’s coveted East Bench neighborhood.  This home has been totally renovated from top to bottom and boasts four bedrooms (including an amazing master suite), three bathrooms, a custom kitchen, and more.  The main level utilizes an open floorplan with big windows providing plenty of light and amazing city and mountain views. The kitchen has custom cabinetry and new stainless steel appliances.  Granite counter tops provide a nice color accent and rich surface for food preparation.       […]

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Posted In: Uncategorized

MARKET TRENDS:  Fork in the Road?

November 17, 2017 Posted by: Jeremy Peterson

As the year wraps up, it is apparent that 2017 has been a banner year for real estate values.  Prices have surged 15.5% in Weber County.  Sales times reached record lows over the summer.  And buyers continue to outnumber sellers and create bidding wars at every turn.   Yet, it feels like there is a change coming in the market.  Interpreting the signals is proving to be a little harder than in the past.  I will explain why.  But first, here are the charts.       First, here is […]

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Posted In: Research

JUST SOLD!  Historic Craftsman Diamond in the Rough

November 9, 2017 Posted by: Jeremy Peterson

We just closed on the sale of this rare historic craftsman home located at 2255 Jefferson Ave. in Ogden.  The home was constructed in 1918 and later subdivided into 6 apartments.  At over 4000 SQFT, the home boasts a huge footprint with plenty of room to occupy.  The buyers of the the home will be utilizing Unit Reduction Money from Ogden City to convert this building back into a single residence.   The buyers paid $160,000 for the home.  The construction budget is approximately $110,000 to complete the renovation.  Look […]

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Posted In: Sold Listing

JUST SOLD! Renovated 1920’s Ogden Bungalow

November 8, 2017 Posted by: Jeremy Peterson

We just closed on the sale of this cute bungalow in Ogden.  The home is 4 bedrooms and 1 bath with a freshly updated kitchen and bath.  Improvements also included new carpet, paint, water heater, roof reinforcement, and more.   Here you can see the before and after pictures of the work done on the home.   The bathroom was updated with a new tile surround, vanity, and backspash. The kitchen renovation included gutting the existing cabinets and replacing them.  Another bank of cabinets was also added to house the […]

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Posted In: Sold Listing

RENTAL REHAB:  The Power of Paint

November 1, 2017 Posted by: Jeremy Peterson

Whether you are getting a home ready to sell or getting a home ready to rent, putting a property’s best face forward will always get you the best returns.  We benefited from this approach while preparing a rental property in our portfolio for sale.  Rents had held steady for several years as the most recent paint job on the home faded and began to show signs of wear.  The owner selected three colors.         Here are the before and after.     If you need advise on […]

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Posted In: Property Management

UNDER NEW MANAGEMENT:  Amazing New Roy Rambler

Posted by: Jeremy Peterson

We just took over management of this amazing rambler home in Roy for member of the Air Force who is being deployed abroad.  The home was constructed in 2015 has has all the finishes you could want.  The home features granite countertops, stain grade cabinets, stained glass, and more.   The configuration is 2800 SQFT with 3 beds and 2 baths on the main level.  The basement is unfinished.  It also has a spacious two car garage.     You can schedule a showing at 801-438-3049.  

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Posted In: Property Management

VIDEO:  MY OLD HOUSE – Ep. 1 – 1908 Craftsman Home Basement Remodel Overview

October 21, 2017 Posted by: Jeremy Peterson

We have been working towards finishing the basement in our historic 1908 craftsman home.  The process has been and continues to be tedious.  We recently obtained our city permit after getting a structural engineer to sign off on the project.  We are excited to finally move forward.  So, with out further ado let me introduce our project with MY OLD HOUSE  – Episode 1.  Look forward to other episodes in the future as we move along with the work.  

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UNDER NEW MANAGEMENT: Lorin Farr Neighborhood Duplex

October 17, 2017 Posted by: Jeremy Peterson

We just took over management of this newly purchased duplex located at 462 Canyon Rd.  The building is a historic home that was converted into two units in an up and down configuration.  The upstairs unit is 3 bedrooms 1 bath with the basement being a unique 2 bedroom configuration.   We welcome our newest client to our property management family!        

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Posted In: Property Management

October 4, 2017 Posted by: Jeremy Peterson

With Utah being in a housing crisis, the market is extremely lopsided in favor of sellers.  Anytime a market becomes imbalanced in either direction, unusual behavior begins to appear.  Presently, buyers have reached a point of desperation in seeking housing.  This panic manifests itself in shotgun offers, where buyers will write several offers on several homes at once hoping at least one will be accepted.  Or, worse, it appears as blind offers where the buyer hasn’t even driven by the home and hopes to lock it up in a contract […]

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Posted In: Miscellaneous

Wacky Scenes from the Housing Market – October 2017

September 27, 2017 Posted by: Jeremy Peterson

  It has been a while since we published weird and oddball photos of things we have found in the housing market.  So, here is the latest… What appears as a three-quarter bathroom to some is a dolled-up laboratory emergency wash station to others.   Don’t drink and drive in your driveway.   Vegetation can enhance the appeal of your property…if it’s in the right places.   Don’t drink and drive into your landlord’s garage doors.   When listing your home for sale, avoid vertigo-inducing paint schemes.   Don’t drink […]

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Posted In: Miscellaneous

Real Estate Investment Financing Spotlight: Goldenwest Credit Union

Posted by: Jeremy Peterson

  One of the major hurdles of real estate investing is finding the right financing.  Funding an acquisition or refinance can take many forms depending on your exit strategy or long-term goals.  Hard Money, Construction Loans, Bridge Loans, Private Loans, Seller Financing, FHA, VA, and SBA are all ways to create an IOU to a lender.   Unfortunately, for individuals who are self-employed, like me, using 1099 income to secure a mortgage often leaves many doors shut to you.   I recently ran into this problem while attempting to secure a […]

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Posted In: Miscellaneous

OGDEN RISING:  Junction Lot To Be New Family History Library

September 17, 2017 Posted by: Jeremy Peterson

Ogden’s downtown scene continues to develop.  Recently a regional LDS Church official announced the Church’s intentions to build a Family History Library on the corner of 22nd St. and Grant Ave.   Nearly 10 years ago, prior to the real estate market collapse, the lot was moving toward being developed as Ashton Square Condominiums.  I recently had lunch with the former developer and heard the story.  In 2008, the market began to crumble while designs were still being polished on the project.  Up till that point, the building had been […]

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Posted In: Real Estate News

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