16 August 2014

Advise For First Time Home Buyers In Tooele County


Here is a page full of advise for first time home buyers in Tooele County. A little bit is mine. A lot of these tips are from agents out of the area that have posted info for folks thinking about owning their own home for the first time. The posts deal with the myths, and the mistakes of first time buyers, plus some helpful talk about financing your first home.

The article on financing and down payments, borrowed from Bloomburg is interesting taking into consideration that Tooele County is one of the few areas where 100% financing is still available.

I think there should be more first time home buyers in Tooele County than anywhere in the Salt Lake area. The reasons why, are pretty obvious and can be summed up in the following.

  • Value:      more house (and land) for the money.
  • Down Payment: Tooele County still offers 100% USDA financing.
  • Lifestyle:  Rural living just 30 freeway minutes to SLC..

Take a look at 

8 biggest mistakes first-time homebuyers make - Today.com

8 biggest mistakes first-time homebuyers makeToday.comGiven the complexities associated with the costs of buying a house, jumping into the market and effectively competing with aggressive bids can be daunting. If done wrong, a home purchase can resul ...Read more ...


From the Desk of Jim Weichert: Attracting first-time home buyer - NorthJersey.com

 

NorthJersey.comFrom the Desk of Jim Weichert: Attracting first-time home buyerNorthJersey.comWhile not all of these people will purchase homes - some will rent - movement in the first-time buyer market is a positive. In recent years, the percentage o ...Read more ...


First-time homebuyers shut out of growing US supply - Chicago Daily Herald

First-time homebuyers shut out of growing US supplyChicago Daily HeraldThe first-time buyer had to settle on a home in a neighborhood with a high crime rate after losing out on bids for five properties in more desirable areas. "I definitely sacrifice ...Read more ...


First-Time Home Buyers: Don't Fall for these Myths - Fox Business

First-Time Home Buyers: Don't Fall for these MythsFox BusinessA major part of the housing market recovery is still missing: the first-time home buyer. For various reasons, the millennial generation is shunning homeownership. In fact, according to the ...Read more ...


More Money Down Adds to US First-Time Buyer Blues: Economy - Bloomberg

 

Finance and CommerceMore Money Down Adds to US First-Time Buyer Blues: EconomyBloombergThe affordability index for first-time buyers, which measures the ability of a family earning the median income to purchase a median-priced home at current interes ...

Read more ...


So, there you have it. Some good advise for first time home buyers in Tooele County. I hope it has been helpful. For answers to any real estate related questions, give me a call; Berna Sloan 435-840-5029. I know the territory, do this real estate thing full time, and want to interview to be your agent.

For additional  information & advise for first time home buyers in Tooele County, visit my blog about Tooele Real Estate.

Good luck!

 

Anonymous comments are disabled