February 2008

The new Grand Lodge luxury condo building is located at the base of Deer Valley Resort's popular Northside Lift in the Empire Pass area. There are several condos currently for sale at the Grand Lodge which offers excellent ski in ski out access. The Northside lift area is a great location and is one of my favorite areas to ski at Deer Valley Resort.  There are many great blue groomed runs to enjoy off the Northside lift. Visit Grand Lodge Condos for Sale to view all the current listings at the new Grand Lodge from all the local brokerages. Contact Julie Olsen at 435-513-2848 so she can help you preview any Grand Lodge condo listing as well as any other properties for sale at Deer Valley Resort.

If you are looking for a spacious new construction luxury ski townhome at Deer Valley Resort, then you may want to check out the Larkspur Townhomes built by East West Partners.  These townhomes are located in the Village at Empire Pass and are ready to occupy this ski season.They are also a short walk to the Talisker Tower Clubhouse and are almost ski in ski out to the Silver Buck ski run and Silver Strike Express Ski Lift. Visit Larkspur Townhomes for Sale to search all the current Larkspur listings which can be either a re-sale or developer townhome. Contact Julie Olsen at 435-513-2848 so she can help you preview any of the currently listed Larkspur townhomes as well as other properties for sale at Deer Valley Resort.

If you are looking for a new construction luxury ski in ski out condo for sale then you may want to consider the Arrowleaf condos at Deer Valley Resort's Village at Empire Pass area.  Most of the condos on the market are re-sales so the list price is typically negotiable. These condos are on the Silver Buck Run and next to the Silver Strike Express lift in the Empire Pass area of Deer Valley Resort.  They are currently finished and ready to use this ski season. Some of the condos come fully furnished.  The Arrowleaf project is a short walk to the Talisker Club's Tower Club building that is located across the ski run. Visit Arrowleaf Condos for Sale to view all the current listings for sale from all the local Park City Real Estate brokerages. Contact Julie…

I would like to introduce you to a great Park City Utah Mortgage Lender, Karen Scott at Crescent Mortgage. She will periodically write informative blog posts here on my Park City Real Estate Blog regarding Mortgage Information. I have had the opportunity to work with Karen on several mortgages and really enjoy working with her. She truly looks out for my buyer client's best interests first. I always recommend with my buyer clients who are planning to purchase real estate in the Park City area to get pre-qualified for a mortgage.  It can make you look so much more attractive when submitting an offer which in turn can help you in negotiating for the best possible price.  Contact Karen at 435-901-1026.

President Bush is expected to sign the highly anticipated stimulus package. The plan now includes rebate checks for 100 million Americans and will also raise conforming loan limits in some areas for Freddie Mac, Fannie Mae, and FHA loans. Several things must occur before applications with the higher loan amounts can be accepted by any lender:

1. The internal impacts to Freddie, Fannie and FHA must be assessed to determine the delivery approach to mortgage lenders.
2. Freddie, Fannie and FHA must communicate their requirements to mortgage lenders.

HUD has 30 days from the final passage of the legislation to provide their official loan limits for all areas.  Please note that the increases are a temporary solution for some high-cost areas.  The higher…