Jan 26, 2010 | Home Buyer tax credit, Kevin Coyle, Salt Lake City homes, Salt Lake City real estate, Salt Lake County homes and condos
I was down in Sandy last week right before sunset at a friend’s house with a view. I noticed that the gap between Herriman, Riverton and South Jordan has shrunk quite a bit over the last 10 years, filled in with homes and businesses. Most of that growth...
Dec 11, 2009 | FHA Loans, Salt Lake City condos, Salt Lake City real estate, Utah Condos
Because of FHA we still have low down payment options, 3.5% down, for the purchase of owner occupied homes and condos in Salt Lake City and across the nation. There has always been a list of condominium projects that were FHA approved and if the condo you wanted to...
Nov 9, 2009 | Home Buyer tax credit, Salt Lake City homes, Salt Lake City real estate
The $8,000 First Time Home Buyer tax credit has been extended. In addition to the extension, an additional tax credit for Repeat Home buyers has been added up to $6,500. The deadline for these two programs is to have a home under contract by April 30, 2010, and...
Oct 6, 2009 | FHA Loans, Salt Lake City condos, Salt Lake City real estate, Salt Lake County homes and condos, Utah Homes
FHA has delayed the changes to the requirements for financing condos out to November 2, 2009. The date was October 1, 2009. This will still likely have a negative effect on the value of Salt Lake City Condos, but some condo projects will be effected more than others....
Sep 9, 2009 | FHA Loans, Salt Lake City condos, Salt Lake City real estate, Salt Lake County homes and condos, Utah Homes
Starting October 1, 2009, HUD has new rules for FHA loans that will change the playing field for condo buyers, sellers and builders. I just read the letter from HUD to FHA lenders and appraisers (MORTGAGEE LETTER 2009-19) along with some blogs on how this will affect...
