Utah Conventional & FHA 2019 Loan Limits by County

2019 Brings a Significant Bump in FHA and Conventional Loan Limits Across the State Conventional loan limits generally raised by 6.5%, except in Salt Lake and Tooele Counties, which were unchanged when compared to 2018. Similarly, FHA loan limits were also raised by approximately 6.5%, including in Salt Lake and Tooele Counties. The first [...]

Here’s What Buyers Need to Know About Home Square Footage

Square footage is a complicated number, and it’s one that confuses many homebuyers. Here are answers to your most pressing square footage questions. The average home built in the western United States in 2010 is 2,143 square feet, according to the U.S. Census Bureau, an increase of more than 100 square feet compared to one decade [...]

3 Smart Solutions for a Low Credit Score

Having a higher credit score can open the door to more financial opportunities. When it's time to buy your Utah home, one of the first things you'll likely look into is your credit score. This three-digit number gives lenders a hint as to how likely you are to pay your bills completely and on time. [...]

Curb appeal makes a big difference for buyers and sellers

Making a good first impression is essential to selling a home. Making a good first impression is essential to selling a home. Buyers want to be wowed from the instant they see a home making the first couple seconds of a showing critical to a sale. A number of building product companies - Fypon, DaVinci Roofscapes, Therma-Tru and Simonton Windows - have named [...]

2017-10-04T15:01:24+00:00October 4, 2017|Utah Real Estate|

4 features to look for in a neighborhood

Though a home loan is certainly vital, there is more to the ideal dwelling beyond just price and interest rates. Here are four features to consider. When searching for the perfect home, it can be easy to get caught up in the details of a residential mortgage. Though a home loan is certainly vital, there is more [...]

2017-09-18T21:54:52+00:00September 18, 2017|101 In the Community, Utah Real Estate|

Why school district matters, even if you don’t have kids

School district is one of the most influential factors for resale value. When seeking out your ideal home, you'll probably evaluate various locations before you finalize the purchase and secure a residential mortgage. You'll consider the neighborhood, how safe it is and how far the commute to work or the grocery store will be. In your [...]

2017-09-06T21:49:49+00:00September 6, 2017|Economics 101, Loan Update 101, Utah Real Estate|

No, you don’t need a 20% down payment to buy a house in Utah

No, you don't need a 20% down payment to buy a house in Utah. We've got options. Lack of inventory has made for a highly competitive Utah housing market this year, which in turn has pushed home prices up. According to the U.S. Census Bureau, the average home price in February 2017 was $390,400. This [...]

Denied for a mortgage? This may be why

Here are some reasons homeowners are denied for a mortgage. It's common for homeowners to need a residential mortgage in order to afford their house. According to research from Zillow, around 71 percent of people fit into that category - most of whom tend to be younger buyers. Homeowners want to find the best deal [...]

How to calculate an accurate home cost estimate: Part 1

When you first embark on your homebuying journey, you'll probably come across a mortgage calculator online. These tools can be incredibly helpful; after all, you don't want to go into a house purchase blind. Getting prepared for what your monthly payments will actually be is crucial to staying financially healthy throughout the purchasing process. But [...]

Why you should close on your house before spring

Some might say the best time to buy a home is when you can afford to do so. This might be true, but it's worthwhile to wait until precisely the right moment to make a purchase. Though finding the right neighborhood carries great weight in this decision, don't forget about another major purchasing consideration: timing. [...]