Finding Home in Utah Blog

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Real Estate Broker/Owner - Novak Advantage Real Estate - UT DRE# 5459481-PB00
News, Trends & Discussions About The Real Estate Market in Northern Utah
RECENT BLOG POSTS
Price Reduced to $279,000! Eligible for $1,250 Buyer Bonus. Located at 3861 Formby Dr., Syracuse, UT 84075 in the Prestwick Community on the 4th hole fairway at Glen Eagle Golf Course. Fully fenced backyard with covered patio & hot tub. Updated kitchen with granite countertops, new appliances, g...
06/15/2009
With the big push to sell out the new construction inventory sitting on the market in Utah, through the Homerun Grant Program (358 grants remaining as of today) and various builder incentives, a prudent homebuyer and their agent should familiarize themselves with Utah's State Construction Registr...
06/03/2009
Eligible for $500 Buyer Bonus! Price Reduced … Again! Beautifully maintained and move in ready. Updated kitchen with brand new appliances, new floor coverings & freshly painted throughout. Walk out from dining area to fully fenced backyard with patio. One-car garage plus RV or 2nd vehicle parkin...
06/01/2009
Disclaimer: I use an internet feedback service, FeedbackCentral.com, to obtain input from Buyer's Agents after showing one of my client's homes. This allows the Buyer's Agent the option to uninhibitably hit "delete" if they do not wish to respond, and provides a venue that satisfies my clients' d...
06/01/2009
Just Announced! HUD Rolls Out Plan To 'Monetize' Tax Credit For FHA Loans Just Published! Mortgagee Letter HUD 09-15ml Using First Time Homebuyer Tax Credits Here's the bad news "However, amounts advanced by FHA lenders cannot be used to meet FHA's minimum 3.5% down payment due to a new federal h...
05/29/2009
On Tuesday, May 12, 2009 HUD Secretary Shaun Donovan  gave a speech at the National Association of Realtors Real Estate Summit - Advancing the U.S. Economy at which he announced: ...We all want to enable FHA consumers to access the tax credit funds when they close on their home loans so that the ...
05/28/2009
A fellow Realtor(R) recently told me a very sad tale. He lost a probable Buyer Client because she walked in to a builder's model home on a Sunday and executed a Real Estate Purchase Contract with the agent on duty. This builder's agent disclosed his agency relationship with the buyer as a "Limite...
05/26/2009
Utah Housing Corporation vs Idaho Housing & Finance Association Can someone please explain to me why the Utah Housing (a public corporation created by the State of Utah) rate, whose charter is to: ...assist low- and moderate-income homebuyers with the purchase of a home. All loan programs offer r...
05/25/2009
DoD Announces $555 Million Expansion To Homeowners Assistance Program re: HAP Finally, a financial benefit for Active Duty Military who are struggling to sell their home in today's tumultuous real estate market. You may be eligible if: You have Military PCS orders dated 1 Feb 2006 to 31 Dec 2009 ...
05/24/2009
The number of homes that are being sold as non-occupant properties, without a seller's property condition disclosure form, are at an all time high and continuing to grow in Utah. Foreclosures, distressed Sellers in pre-foreclosure, short sales and Investor remodels comprise a growing segment of o...
02/18/2009
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Kim Novak

Broker/Owner
smartphone(801) 726-1443
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News, Trends & Discussions
About The Real Estate Market
in Northern Utah