Realty Experts - Jerome Bennett

As a first time homebuyer, Utah buyers often want a large house but know they cannot afford it. This is very common for most all new home buyer. But there is a way to get that bigger and more beautiful house while being financial smart.

A lot of people, especially Utah first time home buyers, think they cannot buy a home. They would all love to own a home, but just think that it is beyond their grasps. Fact is, a good number of people qualify for a home but never check. Instead, they continue to rent and pay the mortgage for a landlord while thinking home ownership is too good for them.

Who Knows the Utah Home Prices Best

Waiting to Find the Perfect Utah House – Realty Experts Buying a Utah home is very exciting and is a big decision. But waiting for the perfect house and perfect situation may never come. When buying homes today, there are three things to look at price, location and style/ quality of the home. Unfortunately, buyers can’t have all three. Like most things in life, something has to give. If you want a great location with good quality, then the price of the home has to go up. If you are set on a certain price, then location or quality of the home has to go down.

We will see more and more Utah Homes Available

Utah Rural Housing / USDA loans has announced that they have extended funding for Eagle Mountain, Saratoga Springs, Payson and other areas until October 31, 2014. Jerome Bennett | Realty Experts Inc | 801-913-1385

Over the last couple of years the Utah real estate market has changed and the type and style of Utah homes has changed as well. A few years ago, the Utah real estate market was inundated with Short Sales and Foreclosures. Although they still remain, but not as nearly as much as there were before. Jerome Bennett | Realty Experts Inc | 801-913-1385

The Utah real estate is definitely getting busy again. Usually, every year around the holidays Utah home sales slow down a bit because Utah home buyers are busy shopping or going to Christmas parties. Jerome Bennett | Realty Experts Inc | 801-913-1385

A Utah HUD home is a home that was previously purchased with a Utah FHA loan and was foreclosed by the lender. Since, FHA insured the loan, then they cover the lender and acquire the Utah home. And who handles all the housing for the United States, Housing Urban and Development (HUD). Hence, a HUD home. -Jerome Bennett | Realty Experts Inc | 801-913-1385

There are a lot of places to search for Utah homes online. But the first stop should be the Utah real estate MLS public access site. Namely, Utah Real Estate .com. -Jerome Bennett | Realty Experts Inc | 801-913-1385

With Utah home prices going up, the once plentiful supply of affordable Utah homes is vanishing. Once upon a time Utah home buyers could buy Utah homes in Salt Lake County for $70,000. These same homes are know selling for $130,000 plus.

The Utah good neighbor next door program is a special program designed to reward officer, firefighters, EMTs and teachers and to help redevelop neighborhoods. It is sponsored by HUD ( Housing Urban and Development) of the United States government.

Most people who do not own a Utah home, would love to own one. However, it can be difficult to gather the required down payments and costs to purchase Utah homes. However, there are ways to get into Utah homes with no money down. Outside of Utah housing, there are other ways to purchase Utah homes with no money down.