The Salt Lake City housing market’s statistics have consistently indicated an increase in the fourth quarter, as well as throughout the entire year. Homes are selling for prices that are higher than they were prior to the outbreak, but they are still moving quickly.
Buying a home is a major life event and it can be as overwhelming as it is exciting. There’s a lot to know—especially for first-time buyers. Thankfully, you won’t be alone in the process. Your real estate agent will be a valuable resource as you navigate the market and negotiate the sales price. That said, the more information you have about the process, the better prepared you’ll be.
Coming up with the funds for a down payment on a home isn’t always easy for first-time homebuyers. The good news is there are plenty of Utah Down Payment Assistance Programs to help cover the costs.
If something goes wrong during the homebuying process, you need to have options! That’s what contract contingencies are—outs for you in case something goes wrong.