Wednesday, October 6, 2010

Great News for First Time Home Buyers

Utah Housing Loans enable first time home buyers, who have no cash savings, to buy a home. This is possible since Utah housing will lend a first-time buyer up to 6% to cover the down payment and closing costs.

Other programs to assist single parents and veterans are also available through Utah Housing.

I have represented many first-time buyers within the last few months who did not know that they could buy a home. They assumed that they did not have enough money to afford a down payment or closing costs. Often times, they did not even know that they could qualify for a loan! There are many loan programs designed to fit each individual buyers needs. You just have to go through the proper real estate channels to make your American Dream happen!

Do not let notions of a bad real estate economy dissuade you from buying a home. When all you hear is negative reports about real estate, it is usually the best time to buy. Buy low, sell high!

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