Buying a Home In Salt Lake City, Ut Will Interest Rates Or Home Prices Make A Difference? One of our clients, a first time homebuyer, asked us the other day whether they should wait for home prices to drop more before buying a home. They were also concerned about interest rates rising and rightly so. […]
Category: For Buyers
Tips to help you in buying your home
Rural Housing100% Financing Loans Utah Rural Housing Loans are one of the most affordable loans available. Ha, you say, all loans are affordable right now, and if you are saying that you would be correct. Most mortgage loans are available for less than 5% interest rates, But….and this is a big BUT for most folks […]
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, […]
Do I Need A Home Inspection To Buy A House? Yes, most definitely! You will never hear us say…”Don’t bother with a home inspection“, and if you ever do…we have gone crazy, so run, save yourselves! Part of the responsibility of purchasing a home whether it is your first or your last is to do your […]
Purchasing New Construction Homes in Salt Lake City, UT It’s spring , have you got the itch to move? If you are a first time homebuyer, you have lots of choices available to you in the home department, among them new construction. If you currently own a home, then building a new residence is sometimes […]
New home construction is alluring…I know this because I have built most of my homes rather than bought existing. I have also had lots of experience helping my buyers (especially first time homebuyers) get great deals on new construction. There is just something wonderful about picking your own colors, moving walls around to suit the […]
Foreclosures have been one of the best real estate purchases of late. However, Foreclosed homes can be tricky transactions.
Are Buyer’s Agents In It For The Money? Well, if I answered that and told you no, would you believe me? Probably not. So, I will tell you that Yes, buyer’s agents want what comes along with a successful transaction. Steve and I want the following: A Happy Buyer– that’s why we work hard behind […]
Comparables Are Like The 3 Amigos! Whenever you refinance, or buy a new home, or even sell a home, there is always an appraisal involved. The lender will always want a justification that the home is worth the sales price, and quite frankly, you will want that too. So, one of the ways that an […]
There is a great deal of difference between a foreclosed home and a shortsale. Let’s start by saying that both these transactions involve the bank that held the mortgage on the home.