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How Does Home Mortgage Bill Help Salt Lake Home Buyers ?

How does the recent home mortgage bailout bill help Salt Lake home buyers? Or those trying to hold on to the home they have. Or how can it hurt those same SLC buyers.?

My friend and Senior Loan Consultant from Silver Ridge Mortgage, Candy Olson sent me an article to pass on to any one thinking of buying a new home or purchasing a condo in the Salt lake Valley, or for the hundreds of home owners trying to hold on to the house they have.

 There is a lot of real good information and so I am going to suggest that  if your considering a Real Estate purchase take the time to have a look. If you are facing foreclosure or considering a short sale see if there is something here for you and then call Candy or our office to see if we can help.

The article is long and covers a lot of stuff thats important to the home buying decision.... Thanks Candy.

To help you determine if you should read on, I have summarized the contents for you.

First Time Home Buyer $7500 Tax Credit.

Partial Forgiveness of Debt To Help With Re Financing.

Eliminates Down Payment Assistance.

All Home Owners Get Tax Deductions.

Loan Limits on New Homes Purchases Extended.

Provides Counseling for Buying A New Home.

Registration of all Mortgage Brokers.

If any of these topics are of interest or could be helpful as you look to purchase a new home, click on the Bank Rate article that Candy suggested, Will Home Owner Rescue Help?.

Need to see what homes are available for sale in the Salt Lake area? Visit Salt Lake homes and you'll get pictures, prices, maps, and information on over 8000 homes for sale in SLC UT.

Or you can call us at 801-567-0946 to talk about anything related to Salt Lake Real Estate, or to discuss how the mortgage bailout helps the Salt Lake Home Buyers.

 

Published Wednesday, July 30, 2008 10:30 AM by Gordon Sloan

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