Thursday, April 26, 2012

Utah programs open the door to new homes for more people

“Now is the time to buy.” You’ve probably heard this phrase many times during the last four years regarding Utah’s housing market. But many homeowners may believe they’re stuck with their current housing situation because of the drop in home values.

While values along the Wasatch Front aren’t as low as other housing markets nationally, many homeowners are faced with the reality that, if they sell their home, they would merely break even and not have enough money to purchase another home.

If you find yourself in this situation, or you’ve sold a home and are struggling to save for a down payment, two new loan programs are available. Standard Examiner