All Things Park City in October

Haunted Forest at the Park City Nursery

The Park City Nursery is making a Haunted Forest this season for families to come to have some Halloween fun. In addition to our pumpkin patch and fall garden displays, The Park City Nursery loves celebrating the Halloween spirit by inviting local families over for a little fun [and fear!] at the nursery -- If you are up for a scare then come check out our Haunted Forest!  Entrance to the Haunted Forest is free.. The Haunted Forest is open daily at our 4497 hwy 224 location during regular business hours Run-A-Muk Dog Park; Open Space Clean Up Grab your dog, some gloves, a poop shovel, and your sense of humor! Be a Scooper Hero and help Basin Recreation keep our Off-Leash Open Space Area clean. Park City Library BABY ME - Delight and stimulate your baby's senses with short books, music, and more! Join us weekly for our interactive baby lapsit, which is designed for children from birth to 18 months to encourage early literacy development. Older siblings and children are always welcome. LIBRARY BOARD MEETING The Park City Library Board metting from 12:00 - 1:30 at the Park City Library. Board meetings are open to the public. CRAFTERNOONS An afternoon solely devoted to the joys of crafting. Make, then take, your artsy and fun project every week!  MUSIC; MOVEMENT Music and Movement is a lively and noisy hour aimed at toddlers, preschoolers, and their caregivers to explore a variety of musical instruments, dances, songs, and fantastic books. This program is designed to engage children and get them excited about music, improve their fine and gross motor skills through movement, and spark their creativity; while supporting their early literacy development.  Park City Ghost Tours The ghost stories of which you will hear during a Park City Ghost Tour have been collected over the past twelve years. The research was conducted by owners Rob and Lela Newey, retired history teachers and film maker, Erik Hutchins who has studied metaphysics and paranormal activity including human ESP, and the mysteries of crop circles. Through research, interviews, field recordings and other cutting edge methods these three investigators chose 15 stories because they were the most exciting... and terrifying.  If you are a believer in ghosts you will hear some of the best ghost stories ever to come out of the west; and if you don't believe in ghosts, prepare to have your mind changed! Come see for yourself! Ghost tours are available every night through October 31. Halloween Escape Puzzle Escape Room Park City presents its new HALLOWEEN ESCAPE. Puzzle your way through a mad professor's warehouse laboratory, where she's been experimenting, with monstrous results! Now she's vanished, and your group is left alone in the lab - or are you? Can you escape before the Original Monster comes out to feed - on you? Rooms are available 7 days a week through Halloween. Rooms on Thursday, Friday and Saturday nights PG-13/R level scary and recommended for ages 13 and up; all other days and times, scare level at PG-13. Adult accompaniment is always recommended. Every Sunday, each person in a full-character costume receives $5 off their Halloween Room ticket. Apply discount WEEN-SUN at time of ticket purchase. Schedule your Halloween Escape through escaperoomparkcity.com Big Air Open Gym 7:30pm at Black Diamond Gym.  This class is specifically designed for any athlete in the Park City/Salt Lake area that is motivated to practice their aerial tricks before taking them to snow. Beginning through advanced level Big Air athletes are welcome to attend.  ​            Regardless of price point, our team is united in their efforts to support the client, support each other, and get the job done in the best way possible. Paula Higman Real Estate is a unique team of talented and diverse individuals with a passion for success and client satisfaction. Contact Paula Higman Real Estate today and let us take this journey with you to marketing and selling your home for the best value, to the biggest luxury real estate market out there.   Insure that you have the best representation when buying and/or selling in The Colony. Contact Paula Higman Real Estate Park City at 435-602-8228 For a property tour and more information about Heber City and the surrounding areas. Connect With Us:

Fun October events throughout Park City to welcome fall

The second annual Park City Area Restaurant Association "Dine About" arrives October 1-12, 2014. The 12-day extravaganza features affordable and delicious two-course lunches and three-course dinners from your favorite area restaurants.

The Alpine Coaster, Alpine Slide, and ZipRider provide just a few of the many exciting activities for the whole family can enjoy this fall. Take a scenic chairlift ride or bring along your bike and explore miles of trails bathed in spectacular fall colors.
Operating Hours: Closing Day is October 19, 2014 

Although Deer Valley Resort closes lift-served operations after Labor Day, there are still plenty of great hiking and biking trails on the mountain to enjoy as well as great deals on fall lodging.  

There is never a dull moment at Utah Olympic Park in the summer. Experience the ride of a lifetime on our Comet Bobsled!  Or, propel yourself down the Extreme Zipline - the steepest zipline in the world. And on a slower pace, explore the Olympic Museum and learn about the amazing stories of Olympic achievement. Admission to the Park is free and must-do on everyone's fall activity list. Fall Operating Hours: Weekends Only from September 7 to October 27. 

The Park City Farmer's Market is held every Wednesday from noon to 6:00 PM at Canyons Resort, chocked full of fruits, vegetables, and with the holiday season coming, unique Christmas gifts, great food, and music. The Market runs through October 29, so make plans to visit and stock up.

The highlight of the fall season is Howl-O-Ween on Main Street.  Bring the kids, "big" trick-or-treat bags and the dogs in costume and enjoy the fun and festivities on Main Street.

        

 

Regardless of price point, our team is united in their efforts to support the client, support each other, and get the job done in the best way possible. Paula Higman Real Estate is a unique team of talented and diverse individuals with a passion for success and client satisfaction.

Contact Paula Higman Real Estate today and let us take this journey with you to marketing and selling your home for the best value, to the biggest luxury real estate market out there.

 

Ensure that you have the best representation when buying and/or selling. Contact Paula Higman Real Estate Park City at 435-602-8228 For a property tour and more information about Heber City and the surrounding areas.

Connect With Us:

      

Mortgage Market Update - Monday October 02, 2017

30 Year Fixed Rate	3.750%				3.750%
15 Year Fixed Rate	3.000%				3.000%
5/1 ARM	2.875%				2.875%
Non-Owner Occupied	4.000%				4.000%
30 Year Jumbo	3.875%				3.875%

Higman Real Estate Team

Paula Higman 

Director of Luxury Sales

Engel & Völkers U.S. Holding, Inc.

Mobile: 1-435-602-8228

FAX: 1-435-214-7091

Mail to: paula@higmanluxuryrealestate.com

Internet: http://paulahigman.evusa.com

"See what my clients are saying about me online"

Member of the Park City Board of REALTOR®

Member of the National Board of REALTOR®

ENGEL & VÖLKERS 

IT'S CLOSING DAY ON YOUR NEW HOME!

In school, it’s graduation........

In romance, it’s the wedding........

In real estate, the magic day is closing........ 

Your big day - The day of Closing/Settlement

Plan on spending at least two hours at the closing agent’s office. You might get out in one, but don’t bank on it. Have a snack first and don’t be shy if they offer you water or coffee. You’ll need to keep your mind alert because every one of those forms is actually kind of important. This may seem easy because you come into the room a little jazzed and nervous. But the process will wear you down and you’ll be tempted to just blindly sign every piece of paper they put in front of you. Don’t.

You may be wondering why you need to go in and sign in person at all. After all, we’re getting used to handling pretty much everything online. It’s allowed now by the federal government and someday it may become the norm. But for now, physical signatures are still preferred to ensure that everyone has been able to read and verify the documents.

Who’s going to be there?

In some parts of the country, the buyer and seller sit down together at closing. In other areas, you’ll never set eyes on your seller as you each have a separate appointment. The closing agent is usually a title officer, an escrow company officer or an attorney. The important thing is that the closing agent is a neutral third-party who as the knowledge and training to get everything completed correctly. You and the seller agree on the closing officer as part of the original offer on the home. In addition to the closing agent, you may also have your real estate agent or an attorney present, especially if it’s your first home. In a few states, an attorney must be present at closing.

What should you bring?

In addition to patience, you absolutely must have the following:

Photo ID: The closing agent has to verify that you are who you say you are. A driver’s license or current passport will do. 

A Costco membership card, not so much.  "hahahahah"

Cashier’s or certified check: This is to cover any down payment and closing costs you owe. Do not bring personal check or cash. You’ll know exactly how much to get the check made out for because federal law requires that you be told the amount you need to bring to closing at least one day before settlement. The closing agent will tell you whether you need one check or two and to whom they should be payable. If you want to wire the funds instead of getting a certified check, make sure you do it a couple of days in advance, to protect against any glitches at the bank that could delay your closing.

Proof of insurance: The closing agent needs to see proof that you have the insurance in effect on closing day and a receipt showing you’ve paid the policy for a year. 

Final purchase and sales contract: Just in case you need to double-check a detail against closing costs.

What will you be asked?

You  will need to tell the closing agent how you wish to take title of the home. 

Sole owner: An unmarried person buying a house alone has the easiest task. Title is taken as a sole owner in the individual’s name.

Joint tenancy: When a married or unmarried couple buy a house together, things get more complicated. If they choose to take title with joint tenancy, each has the right of survivorship. If the spouse or partner dies, full ownership goes to the survivor. There are tax advantages for the survivor as well, regardless of marital status.

Tenants-in-common: When two or more individuals buy a home together as tenants-in-common, they are partners who may own unequal shares and who can sell their shares of ownership independently.

How many papers will you sign?

More than you could ever have imagined. You’ll actually have two closings, one on your loan and one on the purchase of your house. Here are some documents you will encounter:

Documents related to closing your mortgage

Promissory note: Just as it sounds, when you sign this, you are promising to pay back the sum you’re borrowing. It also outlines the terms of the loan, including any prepayment penalties and interest rates.  Check it over carefully before putting pen to paper.

Truth in lending statement: Prior to signing your mortgage contract, you will be given a federal “truth in lending” statement, also known as Regulation Z. This sheet of paper shows your interest rate, annual percentage rate, the amount being financed and the total cost of the loan over its life. You definitely should give this document a close look to make sure there are no surprises.

Mortgage or deed of trust: This is another big step. When you sign this document, you are putting your new home up as security for the debt you now owe. Technically, the lender puts a lien on the property.

Monthly payment letter: This paperwork breaks down your monthly mortgage payment showing how much goes to principal, interest, taxes, insurance and anything else you are paying as part of the payment.

Documents related to your closing

Closing disclosure: This multi-page document replaces the old HUD-1 form. It itemizes the buyer’s and seller’s closing costs separately. By law, you are entitled to get this form three days before your closing meeting and should be in the same format as the Loan Estimate you got after applying for your mortgage. You should have had time to look this over before your meeting, but to err is human.  Review everything carefully before signing.

Warranty deed or title: This piece of paper transfers the title from the seller to the buyer. It also contains the legal description of the property.

Proration papers: These agreements explain how the buyer and seller are dividing up the property taxes, interest and perhaps homeowner association dues for the month in which the transaction is taking place. Buyer and seller might also sign an agreement stating how current utility bills are being split.

Statement of Information: This document may be called a statement of identity. The title company uses this personal information to eliminate any confusion between you and anyone with a similar name.

Declaration of Reports: An acknowledgment that the buyer has seen and signed off on all the inspection and survey reports done on the property.

Abstract of Title: The abstract lists all recorded documents affecting title to the property.

Higman Real Estate Team

Paula Higman 

Director of Luxury Sales

Engel & Völkers U.S. Holding, Inc.

Mobile: 1-435-602-8228

FAX: 1-435-214-7091

Mail to: paula@higmanluxuryrealestate.com

Internet: http://paulahigman.evusa.com

"Seewhat my clients are saying about me online"

Member of the Park City Board of REALTOR®

Member of the National Board of REALTOR®

ENGEL & VÖLKERS 

The Ten Most Commonly Asked Questions in Home Buying

Buying a home is thrilling, scary, sometimes weird, often epic, and never dull. You're ponying up a huge wad of cash for a place you'll inhabit hopefully for years to come. As such, you're bound to have a lot of questions throughout every step of the process. 

What home can I afford?

That depends, of course—on your income and other financial obligations.

If you see houses you love outside your price range, it opens you up to disappointment, Meet with a lender to get pre-approved for a home loan (added bonus: pre-approval makes you much more attractive to sellers).

Can I buy a home and sell my current one at the same time?

Yes, you can—but it's the real estate equivalent of walking a tightrope. 

On the one hand, if you buy a home before you sell the one you're in, you're overextended financially; if you sell before you buy, you might need to rent awhile before finding a new place. But there are ways to do both at once, and one option is to instate a “sale contingency" in your contract. This means you only agree to buy a home if you can sell the one you're in. The only downside is if your seller doesn't agree.

How many homes should I see before making an offer?

Up to you, my Friend! While home shoppers these days can look at hundreds of homes online, they only hoof it to check out 10 homes on average before they put in an offer. But keep in mind, This varies tremendously for each person.  Some people find their home within hours of hunting. For others, it takes months." If you want to streamline the process, it can help to really hone in on a particular neighborhood you are really interested in.

What do you think the seller will accept as a fair price?

As a rule of thumb, I tell my clients i know without a doubt they will accept a full offer. If it's been sitting on the market for months, you can venture below that, but the bottom line is, You never know how low a seller will go, as they have different motivations for selling. If the sellers are eager to move, you could luck out and score a deal.

How do I know if the property is a good deal?

While there's no crystal ball on whether a certain home is a bargain and will appreciate, rest assured that with research, you can keep surprises to a minimum. The best way is to check out comps—what similar properties are selling for in the area - and whether those prices have been going up or down in the recent past.

How quickly can I close?

Typical escrow periods are 30 to 45 days and founder of 10MinRealty. This gives you enough time to do the investigation on the property and get a loan completed.    And yes, this due diligence counts.

Should I get a home inspection?

While buyers often wonder if a home inspection is truly necessary, most Realtors unequivocally say yes, yes, and yes.   A home inspector takes a weight off of your shoulders by looking into the condition of the roof, electricity, heating and air, plumbing.  Ensuring these things work prevents you from paying to fix them in the future. If some things are not up to par, you can negotiate with the seller to get those fixed before you sign the paperwork.

When can I back out if I change my mind?

While buyers can always back out of a deal, doing so without good reason may forfeit their earnest money (the cash put down to secure the offer, typically around 1%-2% of the home's price). But there are some ways to walk with your earnest money in hand.

Contingencies are great loopholes.  For example, upon an unsatisfactory home inspection, the buyer can ask for their deposit back. Another loophole is 'subject to appraisal'.  That means you can back out if the lender for your loan doesn't think the property is worth what you offered.