Salt Lake First Time Homes Buyers Have Real Choices + !
First time home buyers in the Salt Lake area have some real good choices to work with.
Not just in the inventory of previously owned Condominiums and homes for sale in Salt Lake, but tremendous home buying choices among New Construction projects around the Valley, provide a great mix of homes and condos that First Time Home Buyers can consider.
It's pretty hard to say what price range first time buyers are considering, but going by past experience and believing that new home buyers probably shouldn't buy as much house as they qualify for we are setting the upper limit at $200,000.
MLS Listed Salt Lake First Time Home Buyer Houses:
There are 1645 Salt Lake Homes for sale for $200,000 or less in the towns around SLC.
Eight hundred sixty of those homes for sale in Salt Lake are Condominiums.
Thirty one per cent of the homes listed on the MLS under $200,000 are foreclosures or pre-foreclosures. (520)
Condos in the distressed categories listed for sale under $200,000 are less than 10% of the available Condominium inventory in SLC.
Incentives are great as well.
First-time Utah home buyers will soon be able to use the federal home-buying tax credit to pay for their closing costs on a Federal Housing Administration loan, according to new guidance released by the Obama administration last week. According to the U.S. Department of Housing and Urban Development, FHA lenders can now begin developing bridge loans that will enable consumers to use the $8,000 first-time home buyer tax credit to help cover the costs of closing on an FHA-insured home mortgage. Read Entire article
New Home Sales Incentives In Salt Lake worth about $6,000 additional if your first home is a New Home or Condominium make it worth your time to visit the many sales models for New Homes around the valley.
Be sure and take your favorite agent with you on your first visit to the model so that you have someone on your side when it comes time to negotiate further incentives with the builders agent.
If you dont have a favorite agent, we'd like to apply. Your invited to visit our web-site to see how serious we are about this business and your need for SLC Real Estate information.
If your a first time home buyer that wants to see what homes are listed in Salt Lake, check out our Salt Lake MLS Search.
To talk to a live Realtor, call me @ 801-567-0946.
We know more than just why First Time Home Buyers In Salt Lake have real choices.