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 […]
1st Time Homebuying
A series of posts that help guide a 1st time homebuyer through the process of well…homebuying!
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 […]
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!
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.
Buying Your First Home In Salt Lake City, Ut We know, we have told you this before, now is a great time for buying your first home. There is a little bit of apprehension going on with you…I can feel it as you read this. Jay and Kate had the same apprehension, in fact they […]
Top 3 Real Estate Deal Killers In Utah-how buyers can avoid them Pretty explanatory right? We see real estate deals come to fruition (like that word, makes me seem smart) all the time, but occasionally we have the dreaded “DEAL KILLER” that rears its ugly head and the transaction falls apart.
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 […]
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 […]