Salt Lake City Utah Real Estate Blog

Refinance Your Utah Home Now

By: Bob Foote, Monday, May 19, 2014



If you're looking to refinance your UTAH home, now is the perfect time. With the lending crisis subsiding, lenders are once again looking for homeowners who are ready to take steps toward refinancing. The process of refinancing your home affords a number of options, including some financial flexibility. In essence, refinancing is simply revising the terms of your lending agreement. Another benefit is that the terms are going to be more favorable, and your monthly payments will usually be lower. Read More...

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What can Utah home buyers do to make sure they qualify for their home loan?

By: Bob Foote, Monday, May 05, 2014

Buying a home in UTAH can be complicated, but before you can even move ahead, you'll need to have your financing in place. How will you pay for your home in the SALT LAKE VALLEY? The average American needs to take out a loan from the bank, but in order to do so, you must first qualify. Depending on your financial history, you may or may qualify for a traditional loan.

Qualifying for a home loan in UTAH may seem daunting, especially if you have little, bad or no credit in your financial history. However, there are many ways to qualify for a home loan in UTAH. If you're a first time homebuyer, the Federal Housing Administration (FHA) provides loans you can use to finance the purchase. Even if you've bought a home outside of the state of UTAH in the past, if enough time passed, you may still qualify. Read More...

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Great News For Short Sale Home Owners!

By: Bob Foote, Saturday, January 05, 2013
The Mortgage Debt Relief Act of 2007 has been extended for another year!  This is great news for home owners needing to sell their home in a short sale situation.  These home owners may not have to pay taxes on the deficit amount of their mortgage!  Check out this article to see the other benefits that home owners will see this year. http://www.housingwire.com/news/2013/01/02/mortgage-industry-fares-well-fiscal-cliff-deal-debt-forgiveness-law-survives?utm_source=dlvr.it&utm_medium=linkedin Comments