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	<title>GreatScottUtah.com &#187; Utah</title>
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	<link>http://www.greatscottutah.com</link>
	<description>Great Scott I Sold Another One</description>
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		<title>You will want to see this place on Commotion!</title>
		<link>http://www.greatscottutah.com/2011/03/you-will-want-to-see-this-place-on-commotion/</link>
		<comments>http://www.greatscottutah.com/2011/03/you-will-want-to-see-this-place-on-commotion/#comments</comments>
		<pubDate>Thu, 24 Mar 2011 19:20:11 +0000</pubDate>
		<dc:creator>scott</dc:creator>
				<category><![CDATA[Scott's Listings]]></category>
		<category><![CDATA[FHA]]></category>
		<category><![CDATA[Home prices]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Sales Price]]></category>
		<category><![CDATA[Salt Lake]]></category>
		<category><![CDATA[Salt Lake properties]]></category>
		<category><![CDATA[Sandy]]></category>
		<category><![CDATA[second home]]></category>
		<category><![CDATA[Utah]]></category>

		<guid isPermaLink="false">http://www.greatscottutah.com/?p=689</guid>
		<description><![CDATA[Price: $312,500  Bedrooms: 5  Bathrooms: 1 Full, 2 Partial  Garage: 2  Square Feet: 3,769 This is a fantastic home in one of Willow Creeks best neighborhoods. It is within walking distance to schools, shopping, grocery and public parks. Upstairs has 4 large bedrooms with plenty of closet space. Main floor has a large great room [...]]]></description>
			<content:encoded><![CDATA[<p><a rel="attachment wp-att-690" href="http://www.greatscottutah.com/2011/03/you-will-want-to-see-this-place-on-commotion/74knda/"><img class="alignleft size-medium wp-image-690" title="74KNDA" src="http://www.greatscottutah.com/wp-content/uploads/2011/03/74KNDA-300x199.jpg" alt="" width="300" height="199" /></a></p>
<p id="ctl00_MainContent_ctl02_BasicInfo1_rptDescriptors_ctl00_InfoName-basic-name">Price: $312,500</p>
<p> Bedrooms: 5</p>
<p> Bathrooms: 1 Full, 2 Partial</p>
<p> Garage: 2</p>
<p> Square Feet: 3,769</p>
<div>This is a fantastic home in one of Willow Creeks best neighborhoods. It is within walking distance to schools, shopping, grocery and public parks. Upstairs has 4 large bedrooms with plenty of closet space. Main floor has a large great room off the kitchen. The formal living room has a beautiful fireplace and formal dining room. Main floor office can be used as a bedroom if needed. Each room has tons of natural light. The private back yard has a nice covered patio. This home has also been meticulously cleaned and maintained. This great home offers a newer furnace, windows, and air conditioning unit. Call Scott Robbins for details on this great home 801.209.1120</div>
<div><a href="http://www.circlepix.com/tours/6?wfrnum=1018867">http://www.circlepix.com/tours/6?wfrnum=1018867</a>   Click here to take the tour!</div>
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		</item>
		<item>
		<title>Salt Lake City Market Update for 1/17/11</title>
		<link>http://www.greatscottutah.com/2011/01/salt-lake-city-market-update-for-11711/</link>
		<comments>http://www.greatscottutah.com/2011/01/salt-lake-city-market-update-for-11711/#comments</comments>
		<pubDate>Fri, 21 Jan 2011 20:45:28 +0000</pubDate>
		<dc:creator>scott</dc:creator>
				<category><![CDATA[Market News]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Buyers]]></category>
		<category><![CDATA[Cottonwood Heights]]></category>
		<category><![CDATA[Golf location]]></category>
		<category><![CDATA[High end in Salt Lake]]></category>
		<category><![CDATA[Holladay]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Sales Price]]></category>
		<category><![CDATA[Salt Lake]]></category>
		<category><![CDATA[Salt Lake properties]]></category>
		<category><![CDATA[Sandy]]></category>
		<category><![CDATA[Utah]]></category>

		<guid isPermaLink="false">http://www.greatscottutah.com/?p=660</guid>
		<description><![CDATA[]]></description>
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		<item>
		<title>Gorgeous Remodel in Cottonwood Heights</title>
		<link>http://www.greatscottutah.com/2010/11/gorgeous-remodel-in-cottonwood-heights/</link>
		<comments>http://www.greatscottutah.com/2010/11/gorgeous-remodel-in-cottonwood-heights/#comments</comments>
		<pubDate>Tue, 23 Nov 2010 20:26:20 +0000</pubDate>
		<dc:creator>scott</dc:creator>
				<category><![CDATA[Scott's Listings]]></category>
		<category><![CDATA[Cottonwood Heights]]></category>
		<category><![CDATA[Listing Price]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Sales Price]]></category>
		<category><![CDATA[Salt Lake properties]]></category>
		<category><![CDATA[Townhouse]]></category>
		<category><![CDATA[Utah]]></category>

		<guid isPermaLink="false">http://www.greatscottutah.com/?p=640</guid>
		<description><![CDATA[Price: $149,900  Type: Condo/Townhome Bedrooms: 2 Bathrooms: 1 Full, 1 Partial Square Feet:  1,150 MLS ID:  999087 JUST REDUCED!! Best townhouse on the market ***Complete Remodel*** New carpet, paint, windows, roof, cabinets, tile, fixtures etc. Everything is new. Conveniently located in Cottonwood Heights and is within walking distance to the recreation center and schools. You [...]]]></description>
			<content:encoded><![CDATA[<p><a rel="attachment wp-att-641" href="http://www.greatscottutah.com/2010/11/gorgeous-remodel-in-cottonwood-heights/j4t879/"><img class="alignleft size-medium wp-image-641" title="J4T879" src="http://www.greatscottutah.com/wp-content/uploads/2010/11/J4T879-300x199.jpg" alt="" width="300" height="199" /></a></p>
<p id="ctl00_MainContent_ctl02_BasicInfo1_rptDescriptors_ctl00_InfoName-basic-name">Price: $149,900</p>
<p> Type: Condo/Townhome</p>
<p>Bedrooms: 2</p>
<p>Bathrooms: 1 Full, 1 Partial</p>
<p>Square Feet:  1,150</p>
<p>MLS ID:  999087</p>
<p>JUST REDUCED!! Best townhouse on the market ***Complete Remodel*** New carpet, paint, windows, roof, cabinets, tile, fixtures etc. Everything is new. Conveniently located in Cottonwood Heights and is within walking distance to the recreation center and schools. You will not want to miss seeing this remarkable place. Call Scott to arrange a showing 801-209-1120</p>
<p><a href="http://www.circlepix.com/tours/6?wfrnum=999087">http://www.circlepix.com/tours/6?wfrnum=999087</a></p>
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		<item>
		<title>Forbes: The Best States For Business And Careers, Kurt Badenhausen</title>
		<link>http://www.greatscottutah.com/2010/10/forbes-the-best-states-for-business-and-careers-kurt-badenhausen/</link>
		<comments>http://www.greatscottutah.com/2010/10/forbes-the-best-states-for-business-and-careers-kurt-badenhausen/#comments</comments>
		<pubDate>Thu, 28 Oct 2010 15:08:01 +0000</pubDate>
		<dc:creator>scott</dc:creator>
				<category><![CDATA[Market News]]></category>
		<category><![CDATA[Forbes]]></category>
		<category><![CDATA[Utah]]></category>

		<guid isPermaLink="false">http://www.greatscottutah.com/?p=635</guid>
		<description><![CDATA[When voters in 37 states select their governors next month, the overriding issue will be, of course, the economy. A recent CBS News poll found that 54% of adults think the economy and jobs are the most important problem the U.S. is facing today. Health care ranked a distant second, with 7% of the tally. [...]]]></description>
			<content:encoded><![CDATA[<p>When voters in 37 states select their governors next month, the overriding issue will be, of course, the economy. A recent CBS News poll found that 54% of adults think the economy and jobs are the most important problem the U.S. is facing today. Health care ranked a distant second, with 7% of the tally. Almost every state experienced decreased output, a loss of jobs and budget shortfalls during the economic downturn. Nationwide employment has declined by 7 million jobs over the past two years while gross domestic product growth has been sluggish this year after a 2.6% drop in 2009. No state has emerged unscathed. But some areas are doing better than others, and for many of them, it isn&#8217;t an accident. Who&#8217;s doing the best job when it comes to fostering growth? Utah, according to our fifth annual look at the Best States for Business. The Beehive State captured the top spot in our rankings for the first time, after a four-year run by Virginia at the head of the list. Slide Show: The Best States For Business Utah&#8217;s economy has expanded 3.5% annually over the past five years, faster than any other state except North Dakota. This is three-and-a-half times faster than the U.S. as a whole. Total employment in the U.S. has shrunk over the past five years, but in Utah it increased 1.5% annually, fourth-best in the nation. Household incomes have surged 5% annually, which is tops in the country and twice as fast as the national average. &#8220;We have a fiscally conservative government where we are trying to keep government off your backs and out of your wallet. We want the free market do what it does best,&#8221; says Utah Gov. Gary Herbert, a Republican running for a full term this year after taking over the job in August 2009, when then Gov. Jon Huntsman was appointed U.S. ambassador to China. Utah lowered its corporate tax rate from 7% to 5% in 2008, to the delight of businesses. The rate is now one of the lowest in the country. The regulatory climate is also pro-business, with the Pacific Research Institute rating Utah second-best in the regulatory component of its U.S. Economic Freedom Index. &#8220;We want to make sure we don&#8217;t have any nonsensical regulations that inhibit the private sector from expanding and having a profitable bottom line,&#8221; says Hebert. Other factors the state have going for it include energy costs 35% below the national average; an educated labor force, with 90% of residents holding a high school diploma (and 29% a college degree); a great quality of life with low poverty rates; a healthy populous; and ample recreational opportunities. Utah boasts a triple-A debt rating from Moody&#8217;s, S&amp;P and Fitch. Earlier this year Forbes crowned Utah the country&#8217;s most fiscally fit state government. Companies across the country are taking notice. Goldman Sachs keeps expanding its operations in Utah, and its Salt Lake City office is now the company&#8217;s second-largest in North America. Adobe announced plans in August to build a new campus in Utah that will create 1,000 new jobs there, building on its $1.8 billion purchase of Orem-based Web analytic firm Omniture last year. Oracle and eBay are both building massive data centers outside Salt Lake City. Our Best States ranking measures six vital categories for businesses: costs, labor supply, regulatory environment, current economic climate, growth prospects and quality of life. We factor in 33 points of data to determine the ranks in the six main areas. Business costs, which include labor, energy and taxes, are weighted the most heavily. We relied on 10 data sources, with research firm Moody&#8217;s Economy.com as the most-utilized resource. &#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211; Our former No. 1-ranked state, Virginia, falls to No. 2 this year. Virginia still boasts a very favorable business climate, with an educated labor supply and solid economic growth. But Virginia&#8217;s business costs (namely labor and energy) have crept up, which allowed Utah to leapfrog it. Rounding out the top five are No. 3 North Carolina, No. 4 Colorado and fifth-ranked Washington. The Northeast isn&#8217;t dead yet, judging by our rankings, despite high business costs and crippling budget deficits. New York, New Jersey and Massachusetts all rank among the priciest states when it comes to labor, taxes and energy costs. Yet each state moved up the rankings this year, thanks to improving current economic climates and growth prospects relative to the rest of the country, compared with last year. Massachusetts made the biggest move of any state this year, climbing from No. 34 to No. 16. Business costs in the Bay State are highest in the country: 22% above the national average. But venture capital continues to pour into the state, looking to take advantage of the bright minds at elite universities in and around Boston and Cambridge. VCs invested $2.9 billion in Massachusetts companies last year, second only to California. The state enjoys the highest college attainment rate in the country, with 38% of adults possessing a degree. Bringing up the rear this year is Maine, which replaced No. 49 Rhode Island at the bottom of our rankings. Growth prospects in Maine have deteriorated relative to the rest of the country. Job growth is expected to increase 1.3% annually over the next five years&#8211;one of the worst forecasts in the country. The state has endured a rash of business closings the past three years as well. Mainers head to the polls next month to choose a new governor. The state&#8217;s current chief, democrat John Baldacci, is off the hook though; thanks to term limits, Baldacci cannot seek reelection.</p>
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		<item>
		<title>Gorgeous Sundance Cottage&#8230;What A View!</title>
		<link>http://www.greatscottutah.com/2010/10/gorgeous-sundance-cottage-what-a-view/</link>
		<comments>http://www.greatscottutah.com/2010/10/gorgeous-sundance-cottage-what-a-view/#comments</comments>
		<pubDate>Tue, 26 Oct 2010 18:04:23 +0000</pubDate>
		<dc:creator>scott</dc:creator>
				<category><![CDATA[Scott's Listings]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Sundance]]></category>
		<category><![CDATA[Utah]]></category>

		<guid isPermaLink="false">http://www.greatscottutah.com/?p=629</guid>
		<description><![CDATA[Price: $285,000 Type: Condo/Townhome  Bedrooms: 1  Bathrooms: 1 Full  Square Feet: 500 Lowest priced cottage @ Sundance Resort. Rustic elegance on a great lower level unit with lots of natural light and surrounded by dense tall pines. Newly constructed metal roof. This cottage is tucked away but close to the amenities, walking distance to the [...]]]></description>
			<content:encoded><![CDATA[<p><a rel="attachment wp-att-631" href="http://www.greatscottutah.com/2010/10/gorgeous-sundance-cottage-what-a-view/j4yvx7-2/"><img class="alignleft size-medium wp-image-631" title="J4YVX7" src="http://www.greatscottutah.com/wp-content/uploads/2010/10/J4YVX71-300x201.jpg" alt="" width="300" height="201" /></a></p>
<p id="ctl00_MainContent_ctl02_BasicInfo1_rptDescriptors_ctl00_InfoName-basic-name">Price:</p>
<p id="ctl00_MainContent_ctl02_BasicInfo1_rptDescriptors_ctl00_InfoValue-basic-value">$285,000</p>
<p>Type: Condo/Townhome</p>
<p> Bedrooms: 1</p>
<p> Bathrooms: 1 Full</p>
<p> Square Feet: 500</p>
<div>Lowest priced cottage @ Sundance Resort. Rustic elegance on a great lower level unit with lots of natural light and surrounded by dense tall pines. Newly constructed metal roof. This cottage is tucked away but close to the amenities, walking distance to the world class spa. Recent upgrades. Great rental history! Call Scott Robbins for details and to see this amazing cottage 801.209.1120</div>
<div><a href="http://www.utahrealestate.com/report/public.single.report/report/photo/listno/994983">http://www.utahrealestate.com/report/public.single.report/report/photo/listno/994983</a></div>
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		<item>
		<title>Incredible Location with Loads of Potential&#8230;</title>
		<link>http://www.greatscottutah.com/2010/10/incredible-location-with-loads-of-potential/</link>
		<comments>http://www.greatscottutah.com/2010/10/incredible-location-with-loads-of-potential/#comments</comments>
		<pubDate>Mon, 11 Oct 2010 17:51:18 +0000</pubDate>
		<dc:creator>scott</dc:creator>
				<category><![CDATA[Scott's Listings]]></category>
		<category><![CDATA[Holladay]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Salt Lake]]></category>
		<category><![CDATA[Salt Lake properties]]></category>
		<category><![CDATA[Sellers]]></category>
		<category><![CDATA[Utah]]></category>

		<guid isPermaLink="false">http://www.greatscottutah.com/?p=620</guid>
		<description><![CDATA[Price: $365,000   Bedrooms: 3  Bathrooms: 2 Full Garage: 4  Square Feet: 2,671 This California Rambler is great and near Cottonwood Club location. Lot (.68) is large, deep and is surrounded by tall 40 foot pines. Tons of privacy and shade. Home needs updating but has tons of potential. Huge master bedroom with large bath and [...]]]></description>
			<content:encoded><![CDATA[<p><a rel="attachment wp-att-621" href="http://www.greatscottutah.com/2010/10/incredible-location-with-loads-of-potential/j4jshg_still_fvhs/"><img class="alignleft size-medium wp-image-621" title="J4JSHG_still_fvhs" src="http://www.greatscottutah.com/wp-content/uploads/2010/10/J4JSHG_still_fvhs-300x199.jpg" alt="" width="300" height="199" /></a></p>
<p id="ctl00_MainContent_ctl02_BasicInfo1_rptDescriptors_ctl00_InfoName-basic-name">Price: $365,000</p>
<p>  Bedrooms: 3</p>
<p> Bathrooms: 2 Full</p>
<p>Garage: 4</p>
<p> Square Feet: 2,671</p>
<div>This California Rambler is great and near Cottonwood Club location. Lot (.68) is large, deep and is surrounded by tall 40 foot pines. Tons of privacy and shade. Home needs updating but has tons of potential. Huge master bedroom with large bath and fireplace. Open floor plan that would be ideal for entertaining. Plantation shutter in LR and Dining Room. 3 fireplaces. New Vinyl fence. 4 car garage is long and deep with a huge work shed out back. This is your chance to be in one of the best areas in the Valley. Walking distance to Cottonwood Club and schools.</div>
<div><a href="http://tour.circlepix.com/tour.htm?id=825105&amp;mls_tour=1">http://tour.circlepix.com/tour.htm?id=825105&amp;mls_tour=1</a></div>
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		<item>
		<title>Gorgeous Sandy Home</title>
		<link>http://www.greatscottutah.com/2010/10/gorgeous-sandy-home/</link>
		<comments>http://www.greatscottutah.com/2010/10/gorgeous-sandy-home/#comments</comments>
		<pubDate>Mon, 11 Oct 2010 17:38:26 +0000</pubDate>
		<dc:creator>scott</dc:creator>
				<category><![CDATA[Scott's Listings]]></category>
		<category><![CDATA[Mortgage rates]]></category>
		<category><![CDATA[Real Estate]]></category>
		<category><![CDATA[Salt Lake]]></category>
		<category><![CDATA[Salt Lake properties]]></category>
		<category><![CDATA[Utah]]></category>

		<guid isPermaLink="false">http://www.greatscottutah.com/?p=612</guid>
		<description><![CDATA[Price: $299,900 Bedrooms: 5 Bathrooms: 2 Full, 2 Partial  Garage: 2  Square Feet: 3,102 Great Sandy location! This amazing home is close to mountains, parks and schools. Located in a quiet cul-de-sac. Updated kitchen with newer counters and cabinets. 2 tone paint. Formal Living room and dining room. A Large master bedroom with private bath. [...]]]></description>
			<content:encoded><![CDATA[<p><a rel="attachment wp-att-614" href="http://www.greatscottutah.com/2010/10/gorgeous-sandy-home/j4l52b/"><img class="alignleft size-medium wp-image-614" title="J4L52B" src="http://www.greatscottutah.com/wp-content/uploads/2010/10/J4L52B-300x199.jpg" alt="" width="300" height="199" /></a></p>
<p id="ctl00_MainContent_ctl02_BasicInfo1_rptDescriptors_ctl00_InfoName-basic-name">Price: $299,900</p>
<p>Bedrooms: 5</p>
<p>Bathrooms: 2 Full, 2 Partial</p>
<p> Garage: 2</p>
<p> Square Feet: 3,102</p>
<div>Great Sandy location! This amazing home is close to mountains, parks and schools. Located in a quiet cul-de-sac. Updated kitchen with newer counters and cabinets. 2 tone paint. Formal Living room and dining room. A Large master bedroom with private bath. Basement has tons of light and a large family and guest room. Back yard boasts tons of room, trees and privacy. This is a gorgeous home that you will want to see. Call Scott for a tour 801-209-1120</div>
<div>To see the virtual tour click here:</div>
<div><a href="http://www.circlepix.com/tours/6?wfrnum=992481">http://www.circlepix.com/tours/6?wfrnum=992481</a></div>
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		<item>
		<title>Utah&#8217;s Economy At A Glance&#8230;</title>
		<link>http://www.greatscottutah.com/2010/09/utahs-economy-at-a-glance/</link>
		<comments>http://www.greatscottutah.com/2010/09/utahs-economy-at-a-glance/#comments</comments>
		<pubDate>Wed, 29 Sep 2010 16:27:32 +0000</pubDate>
		<dc:creator>scott</dc:creator>
				<category><![CDATA[Market News]]></category>
		<category><![CDATA[Salt Lake Real Estate Market]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Salt Lake]]></category>
		<category><![CDATA[Utah]]></category>

		<guid isPermaLink="false">http://www.greatscottutah.com/?p=600</guid>
		<description><![CDATA[Utah&#8217;s Economy at a glance Click the above link to see the latest economy statistics for Utah]]></description>
			<content:encoded><![CDATA[<p><a rel="attachment wp-att-603" href="http://www.greatscottutah.com/2010/09/utahs-economy-at-a-glance/uteconstatssept2010/">Utah&#8217;s Economy at a glance</a></p>
<p>Click the above link to see the latest economy statistics for Utah</p>
]]></content:encoded>
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		</item>
		<item>
		<title>Best priced Sandy home per square foot</title>
		<link>http://www.greatscottutah.com/2010/05/best-priced-sandy-home-per-square-foot/</link>
		<comments>http://www.greatscottutah.com/2010/05/best-priced-sandy-home-per-square-foot/#comments</comments>
		<pubDate>Mon, 24 May 2010 17:47:50 +0000</pubDate>
		<dc:creator>scott</dc:creator>
				<category><![CDATA[Scott's Listings]]></category>
		<category><![CDATA[Home prices]]></category>
		<category><![CDATA[Market News]]></category>
		<category><![CDATA[Sandy]]></category>
		<category><![CDATA[Utah]]></category>

		<guid isPermaLink="false">http://www.greatscottutah.com/?p=482</guid>
		<description><![CDATA[Price: $316,000  Type: Single Family  Bedrooms: 6  Bathrooms: 3 Full, 1 Partial Garage: 3  Square Feet: 4,388 This home has great features that you won&#8217;t find anywhere else in Sandy. Large vaulted dining room and living area. Kitchen has plenty of storage and new counter tops. Back yard is private w/ patio &#38; Mountain views. [...]]]></description>
			<content:encoded><![CDATA[<p><a rel="attachment wp-att-483" href="http://www.greatscottutah.com/2010/05/best-priced-sandy-home-per-square-foot/j4fguh-2/"><img class="alignleft size-medium wp-image-483" title="J4FGUH" src="http://www.greatscottutah.com/wp-content/uploads/2010/05/J4FGUH1-300x199.jpg" alt="" width="300" height="199" /></a></p>
<p id="ctl00_MainContent_ctl02_BasicInfo1_rptDescriptors_ctl00_InfoName-basic-name">Price: $316,000</p>
<p> Type: Single Family</p>
<p> Bedrooms: 6</p>
<p> Bathrooms: 3 Full, 1 Partial</p>
<p>Garage: 3</p>
<p> Square Feet: 4,388</p>
<div>This home has great features that you won&#8217;t find anywhere else in Sandy. Large vaulted dining room and living area. Kitchen has plenty of storage and new counter tops. Back yard is private w/ patio &amp; Mountain views. Master bedroom is huge with 2 sink bath. Downstairs has a huge family room and GIGANTIC storage room. Walking distance to Elementary Schools, and parks. Newer furnace. New paint, countertops, microwave and disposal. You will not want to miss this great house.</div>
<div><a href="http://www.circlepix.com/tours/5?wfrnum=964272">http://www.circlepix.com/tours/5?wfrnum=964272</a> </div>
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		<title>FHA is set to reduce closing costs paid by a seller&#8230;</title>
		<link>http://www.greatscottutah.com/2010/05/fha-is-set-to-reduce-closing-costs-paid-by-a-seller/</link>
		<comments>http://www.greatscottutah.com/2010/05/fha-is-set-to-reduce-closing-costs-paid-by-a-seller/#comments</comments>
		<pubDate>Tue, 18 May 2010 17:27:04 +0000</pubDate>
		<dc:creator>scott</dc:creator>
				<category><![CDATA[Market News]]></category>
		<category><![CDATA[Salt Lake Real Estate Market]]></category>
		<category><![CDATA[Buyers]]></category>
		<category><![CDATA[Closing costs]]></category>
		<category><![CDATA[FHA]]></category>
		<category><![CDATA[Salt Lake properties]]></category>
		<category><![CDATA[Salt Lake Real Estate News]]></category>
		<category><![CDATA[Sellers]]></category>
		<category><![CDATA[Utah]]></category>

		<guid isPermaLink="false">http://www.greatscottutah.com/?p=470</guid>
		<description><![CDATA[The FHA will reduce allowable seller concessions — the percentage sellers can take from the sales price of a home to fund closing costs — from 6% to 3%. According to an announcement in January, the current level of 6% exposes the FHA to excess risk by creating incentives for appraisers to increase the value [...]]]></description>
			<content:encoded><![CDATA[<p>The FHA will reduce allowable seller concessions — the percentage sellers can take from the sales price of a home to fund closing costs — from 6% to 3%. According to an announcement in January, the current level of 6% exposes the FHA to excess risk by creating incentives for appraisers to increase the value of these homes. The change will take place in “early summer,” according to the FHA, but a spokesperson said no specific date has been set.</p>
<p>The closing costs include fees for origination, attorneys, appraisal and inspections, title search, title insurance, credit reports, and more. Down payment assistance is not included as a closing cost.</p>
<p>If you are thinking about buying or selling a home please contact me for specific details and how this change can impact your real estate transaction.</p>
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