Six Great Reasons To Buy-For Salt Lake Home Buyers!!
6 Great Reasons First-Time Salt Lake Home Buyers Should Purchase Now
Although the housing market has had its fair share of ups and down, many home buyers, particularly first-time home buyers, are reaping the benefits. If you're thinking about purchasing a Salt Lake City home, there are many good reasons to make your move today. Here are six of them:
1. Low interest rates – Right now, interest rates are lower than ever before. This means you can get an extremely affordable loan and save big on interest payments. Today's rates on purchasing a home in SLC can be found @ Utah Mortgage Rates.
2. Cheaper home prices – Not only are interest rates low, but new homes or previously owned houses or condominiums all around are cheaper. Since the market is packed with Foreclosed homes for sale, and Pre-Foreclosures, selling has become harder. As a result, prices have fallen significantly, allowing you to get a more expensive Salt Lake home for less money.
3. Potential tax credits – As a first-time buyer, you could be eligible for thousands of dollars in tax credits. Best of all, you do not have to pay it back, as opposed to previous years. In Utah the Home Run incentive for New Home Purchasers has been renewed so that a buyer of a new home or Condo in Utah can claim a tax savings of $4,000.
4. Less competition – Many Utah families are reluctant to make a move in the midst of the current economic downturn so fewer people are visiting model homes and open houses. This is great news for you. If you're ready to buy a Salt Lake Home or Condominium you don't have to worry about floods of people bidding up the price on the property.
5. Huge inventory – With the huge number of new homes built during the boom years, not to mention an array of existing homes that are for sale for no other reason than that the owners must escape an escalating home mortgage, Utah home buyers can take their pick from a wide variety of available properties along the Wasatch Front.
6. Big bargaining power – Because so many people NEED to sell their homes, they're more willing to be flexible. As a buyer, you could greatly benefit and may be able to save on closing costs, upgrades, repairs and more. Work with a skilled Real Estate Agent who can negotiate a great contract for you.
If you have the funds to step out and purchase one of the over 8,000 Salt Lake Homes for sale, now is the best time to take advantage of all the possibilities. I'm ready, willing and able to negotiate the best price and terms for you. Call me today at 801-567-0946 .