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Salt Lake City Real Estate Blog
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Salt Lake City Real Estate Blog for Russian and English speaking clients
Recent Posts
Senators agree to extend homebuyer tax credit
By STEPHEN OHLEMACHERThe Associated Press Wednesday, October 28, 2009; 8:00 PM WASHINGTON -- Senators agreed Wednesday to extend a popular tax credit for first-time homebuyers and to offer a reduced credit to some repeat buyers. The tax credit provid...
New Local Stimulus Fund
SALT LAKE CITY (AP) -- Utah Gov. Gary Herbert says he'll use $8 million in federal stimulus funds to help kick start the state's sluggish housing market. Herbert's office released a statement Friday saying that the state will offer $4,000 grants to 2...
Velocity of Money
Velocity of money concept is not difficult. In simple terms: when you buy milk, the owner of grocery storee takes the profit and buys a couch, then the furniture store owner buys something else, etc. So, the same money passes through the economy over...
Mortgage Programs:
Fannie Mae HOMEPATH Loan - Minimum 660 middle FICO score required- Appraisals are NOT required- Great for first time homeowners AND Investors- 97% LTV Primary Residence- 90% LTV Investor (5 plus properties financed limited to 75% LTV)- No monthly Mor...
common misconceptions about the federal government's tax credit for first time home buyers:
Real estate agent Michael Maher joined FOX 4 Wednesday morning to clarify the most common misconceptions about the federal government's tax credit for first time home buyers: 1. It's only for people who've never bought a home. False! If you sold a ho...
TAYLOR BEAN MUST CEASE...
1PRESS RELEASEAugust 5, 2009TAYLOR BEAN MUST CEASE ALL ORIGINATIONOPERATIONS EFFECTIVE IMMEDIATETLYOCALA, FLORIDA – TAYLOR, BEAN & WHITAKER MORTGAGE CORP. (“TBW”) RECEIVEDNOTIFICATION ON AUGUST 4, 2009 FROM THE U.S DEPARTMENT OF HOUSING AND URB...

