Deep Thoughts from Kim and Laura

The 3rd Annual Tollgate Canyon 5K was a success!  We had over 40 participants this year!!!  I won't name names, but CONGRATULATIONS to the Best Breakfast Contributor...3 years in a row!!!

Congratulations to Sue Larson for beating the pants off of EVERYONE this year.  You came across the finish line in just over 27 minutes.  Fantastic time for our 5K+ race (is it closer to 5.5K?).  You were so fast the photographers weren't even ready for you!!!  Remember, we asked you to run through the streamers a second time so we could get the picture?!?!

Stay tuned for information about the t-shirts and extra funds for road maintenance.  Enjoy the fall while it's here!

It is no secret home ownership is one great way to start you on the way to wealth.  In most markets even when your mortgage is not being paid down quickly, values are increasing.  Tax incentives are a great way to offset income.  Build your credit.  I am always surprised when I learn of people who do not want to buy a home and choose to rent year after year.  Why? I ask.  Often the answer is they are looking for a better deal.  Don't have a down payment.  Credit scores.  Too expensive. Do not want to commit.  Here are my answers to that. 

Park City has an affordable housing committee, these individuals have dedicated time and energy making sure that the area has some access to deed-restricted housing that is affordable to people who are first time buyers and lower income.  Don't qualify for or don't want to get into these "deed restricted" properties?  Currently there are great deals on the market and with the low mortgage rates your payments could be as little as you are paying in rent.  There is a ton of property to choose from.  The government has introduced some great incentives with tax credits for down payment assistance to get first time buyers into the market.  With the slow in the housing market inventory is up and there is a ton to choose from.  Your credit scores are an important part of your life--to understand them and fix them log on to www.myfico.com.  Don't want to commit-I can't help you.  For more information The Park City Board of realtors has some free classes and great information to help you get started. 

For more information call me or attend on of these ownership classed  Monday June 8th or Tuesday June 9th at the Park City Board of Realtors.  Call to reserve you seat--space is limited  435-200-6900.

Yeah!  The humming birds are back.  I have all my feeders out and I am going through 2 cups of sugar a day.  I have counted as many as 15 birds on and around my deck.  I love to hear these guys buzzing around-they have soo much personality.  Black chined, broad-tail are the type that are hear now--I guess the rufus have already headed north to Canada.

FATO was held on April 12th 2009, Easter Sunday.  While many people were enjoying the last day of skiing at the Canyons or our at Easter Brunch with family, several of the Tollgate residents were out speeding down a bobsled run and enjoying some hot dogs and jello shots at Kevin's ICE bar.  Attached is a picture of the FATO cake that was donated by a FATO member of the Olympic committee. 

Here is a great sledding pix

Once again the maximum conforming loan amount for Summit County is $729,750.  Here is the announcement from FHFA.