Faced with a sudden move, 'reluctant landlords' have to find renters rather than buyers

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    Sept. 12, 2012 9:34 p.m.

    Real Estate conditions are very localized and can vary from street to street.

    You can always sell a property, you just need to be willing to price the property at current market value. But there are many sellers who ask unrealistic prices, they just need to be willing to hold onto their property for a long time to eventually get their price. If you can rent it out for enough money to pay the mortgage, it does seem like a good option.

  • My2Cents Taylorsville, UT
    Sept. 11, 2012 5:02 a.m.

    So much for the home buying and selling boom the governor has been proudly waving as a sign of a recovering economy.

    Since buyers and sellers are the same people they have saturated the market with refurbished foreclosed properties they can't sell and now they are stuck with the homes and have to rent them or file bankruptcy. On whimsical ideology of making a quick profit we can't blame them for trying but the wages and incomes are not present in the economy of Utah to fill their dream to riches.

    This saturation and elevation of home selling price will devastate current home owners with fake increased values and raise property taxes as well. Another decline for real-estate to contend with.

    State Government can cover and pay rental fraud, but can't buy back the homes foreclosed on by government and over due taxes.

    A slave state will never see prosperity and the government of this state is sinking the workers deeper into debt and making the economy worse. Government flourishes and expands with inflation because as inflation and cost of food and gas rises so does their tax profits.