Utah State Legislation just passed a new construction housing incentive that will give buyers $6,000 in down-payment assistance when they purchase new construction homes they plan to live in. The loan officer will request the funds as the loan is being processed. The grant funds must be used within 30 days of request. To qualify, the New Construction Home must have an occupancy permit. Buyers must have an annual income of less than $75,000 if single or $150,000 if married. First...

Spring Skiing is one of my favorite things in life (one of many!)  Here in Utah  spring skiing is the best and Salt Lake City is  20 - 60 minutes away from nine (that's right 9) world class ski resorts.  Just imagine, bright sunshine, cool air, corn snow...mmmm...if you haven't done this you have to experience it at least once!  I know these tough economic times can make you think that this type of adventure may be too expensive but Ski Utah and these resorts have...

The Salt Lake City Market Update for the First Week of March 2009 To keep you on top of the market conditions, here is the real estate activity from Salt Lake City, Utah. There are a total of 1,545 single family homes currently for sale. 101 homes just listed the first week of March. There are a total of 186 homes currently pending with 58 going under contract last week which up from 47 the prior week. 26 Homes sold last week as compared to 46 homes sold the prior week.  This is...

You may know someone that is having a difficult time meeting their mortgage payments.  It can be daunting all the advertising and other media on forbearance and foreclosure counceling.  Don't let this person get caught up in a scam...forward on this bit if information that may help them save their home. In honor of National Consumer Protection Week, which ends today, the Federal Reserve Board has released five tips for helping consumers avoid foreclosure scams:  1. Work only...

Lease To Own Option Forbes Matt Woolsey Buyers and sellers alike are both looking closer at Lease To Own options, in which potential homeowners commit to a lease with a future option to buy the property.  This is an option to look at as loans are getting more difficult for some buyers especially those with less than stellar credit.  This option can be a win-win for both the buyer and seller.  If the seller cannot outright sell the home in a timely manner they can at least...