How Much Money Do I Need To Buy A Home? One of the first questions first time homebuyers always ask is how much money does it take to buy a home? Short answer: $1,000,000….just kidding, that should get the old heart beating.
1st Time Homebuying
A series of posts that help guide a 1st time homebuyer through the process of well…homebuying!
Ah, Utah Is Gettin’ Good For Real Estate! This weeks podcast from Utah Association of Realtors has some good news! Watch it…it’s only 2 minutes!
Buying a home in Salt Lake is an exciting experience, especially if it is your first home. As you go through the process of home buying, however, there will inevitably be a point in time where you experience the “What Ifs”. What if’s” are those doubts that creep into your mind after the rose […]
You have heard us (well, if you are reading our highly informative and entertaining posts) talk about fixer uppers and how to get the money to fix them up.
Since the revision of the Utah Real Estate Purchase Contract went into effect on Jan 1, 2009, it is even more important for homebuyers in Salt Lake and indeed all of Utah to protect themselves with a home warranty. The section of the Utah Real Estate Purchase Contract that required home sellers to warranty all […]
Now we know all you guys are secretly dreaming of a home, and you should be with all that we have been saying, but I’ve been hearing that the prospect of breaking your apartment lease has given you nightmares, the shakes, and all kinds of unpleasant feelings. Tsk, Tsk, I say, young padawan learners (those […]
One of the hardest parts of buying your first home is getting the money you need for down payment (Usually 3.5 % for FHA loans and 3-20 % for conventional). On a $200,000 home that is $7000 to $40,000 depending on the type of loan you have. Pocket change sez you…ha ha sez I (no, […]
This post on owning a home in Utah was actually written 7 years ago. But….the advice that it gives is still valid today. And even more so with housing prices in Utah rising 9 % in the last year. The reason? Lack of inventory which will Not be gone soon. New companies are relocating to […]
When you purchase a mortgage loan on a house- there is that phrase again, you didn’t think you were Purchasing a loan, now did you? Anyway, as part of purchasing a house, there are certain costs and fees associated with closing on the loan (there, that’s better). These costs are referred to as….wait for it…”Closing […]
First Time Homebuyers-How Much Earnest Money Do I Need? Before we get to the “how much”, we should talk about “what is” earnest money. Dating back to medieval days, the word earnest means “a state of mental intent” . We will ignore the mental reference here (don’t get me started) but the word “intent” is […]