The first two sections of this series discussed the basics of the 2009 Home Buyers Tax Credit provided by the American Recovery and Reinvestment Act of 2009, outlining eligibility and other details to claim the credit.  As mentioned earlier thisenhanced tax credit is an outstanding opportunity for home buyers in the greater Salt Lake City area to obtain their first home.  Here are some more detailed questions for specific situations:  I read that the tax credit is...

Understanding the Home Buyer Tax Credit Part 2 The first part of this 4 part series discussed exactly what the 2009 Home Buyer Tax Credit is and who is eligible.  We learned that it is for first time home buyers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.  This is based on modified adjusted gross income (MAGI).  Also the tax credit is equal to 10 percent of the home's purchase price up to a maximum of...

  The is the first part of a four part series on understanding the section of  the American Recovery and Reinvestment Act of 2009 that provides a Home Buyer Tax Credit.  This enhanced Tax Credit provides an outstanding opportunity for home buyers in the greater Salt Lake City Utah area. In its efforts to stimulate the economy and revive the housing market, Congress has enacted legislation providing a tax credit of up to $8,000 for first-time home buyers.  But time is of...

Here is a market update for the last 30 days in Salt Lake City, Utah. Single Family Homes - 101 Homes Sold with 166 Under Contract                 Average price for these homes - $263,787 and the average Days on Market - 85 days These numbers show a 13% increase in homes sold  in February than had been in January and a whopping 52% increasing in homes going under contract.  The average price of a home went

Vacationing in tough economic times can be challenging and many people are looking to stretch the dollar as far as possible while having as much fun as possible. As more and more people are finding out, a ski vacation to Salt Lake City Utah packs a lot in for the money.  As an example look at what Jayne Clark of USA Today featured on Friday: SALT LAKE CITY - In any other U.S. city, the sight of Andrew Babis and his son Carmine clutching skis, poles and boots at a downtown bus stop might