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ARCHIVED BLOG POSTS

2012 

The Down Payment Assistance (DPA) program administered by Community Development Corporation of Utah is federally funded and is to be used to help income-eligible first time homebuyers purchase single family residences. Funds can only be used for closing and/or down payment costs. There are a limi...
01/31/2012
If you are like most people in this current economy, you don't have a lot of money stock-piled for a down payment on the purchase of a home. Does this knock you completely out of the ball park? It doesn't have to. Here are some ideas to help pull that down payment together: Mom and Dad. Tax laws ...
01/27/2012
Considering buying a home? Here are a few things you can do to get ready ahead of time:  Before Meeting with a Lender Examine your credit report – you are entitled to one free credit report each year from each of the three reporting agencies. Make note of any late payments, which can lower your F...
01/25/2012
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Home Prices Relative to Peak Prices During Bubble Compared to peak prices during the bubble, home prices are anywhere from 10% to 60% off across the nation. It isn’t that prices were necessarily “fair” during the bubble, but they were affected by aggressive lending. It’s always better to make a c...
01/19/2012
One of the often overlooked advantages of FHA mortgages today is the fact that they are assumable; when the FHA homebuyer of today is looking to sell his home, a qualified purchaser can “take over” the existing FHA loan. Most people believe that interest rates will return to a “normal” range (bet...
01/13/2012
According to an article in the Deseret News, after a challenging year in 2010 the commercial real estate market in the Salt Lake area bounced back in 2011. C.B. Richard Ellis commercial real estate firm reports that Salt Lake County’s office vacancy rate fell from 17.1 percent last year to 15.3 p...
01/11/2012
The excitement and activities of the Holiday is over and you find yourself just laying around watching infomercials .... GET UP!! There is a lot more to do around here!! Below is a sampling of fun and exciting things to do! This is a great place to live and there are so many events! Let us knowif...
01/06/2012
I recently read an online article that got me thinking … After the rock'em sock'em topsy turvy market we have gone through these last few years, are homes still a good investment? Let's say you purchase a home instead of an IRA or Mutual Fund, why would owning a home be better than holding paper ...
01/04/2012
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