First Time Homebuyer in American Fork, Forclosures in American Fork UT, Short Sales in American Fork

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bettyjomckinlay
Betty Jo McKinlay
Professional Real Estate Agent

    ABR - Accredited Buyers Representative
    PMN - Performance Management Network
    C-21 MMS - Century 21 Mature Move Specialist

Direct: 801-830-1989

Office: 801-756-9559



Company Info

Century 21 At The Rockies
792 E State Rd
American Fork, Utah
801-756-9559


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National Stats

Market Trends:

  • Ave. Home Sale: $379,000

  • Ave. Days on Market: 69

New Construction

Home Run 2 Grant $4,000 Now Available in Utah!

Monday, September 14th, 2009

 Now is the time to buy real estate with lower interest rates and stimulus money!  If you’re looking for new construction, take a look at what the $4,000 Home Run 2 Grant can do for you:

Who is eligible to receive a $4,000 Home Run 2 Grant?
Home buyers who did not receive a $6,000 grant under the previous $6,000 Home Run Grant Program.

Home buyers (any person taking title) must meet the following income restrictions:
Single person, maximum income, $75,000
Married couple, maximum income, $150,000
If more than one unmarried person is taking title to the Eligible Home, each such single person is subject to the $75,000 income limit.
Home buyers must occupy the purchased home as a primary, permanent residence.
If home buyers need a mortgage loan to purchase the home, the loan must be a fixed interest rate, amortizing mortgage loan with a term of 30 years or less.

The Home Run 2 Grant Program is effective only for home purchases closed after a Home Run 2 Grant Commitment has been issued for that specific transaction. The grant funds may not be issued for homes purchased prior to obtaining the Home Run 2 Grant Commitment. 

Can Cash Buyers qualify to get the Home Run 2 Grant?

Yes. Cash Buyers must contact Utah Housing directly. Cash Buyers, like all other Buyers, must obtain a written Home Run 2 Grant Commitment prior to closing.

What property types can be purchased with a $4,000 Home Run 2 Grant?

Eligible property types include single-family detached homes, condominiums, planned unit developments (PUD), twin homes, town homes and manufactured homes permanently affixed to a foundation.   

 

What is the $4,000 Home Run 2 Grant?

The Home Run 2 Grant is a mortgage assistance program that grants $4,000 to home buyers who wish to: (A) have a new home constructed, (B) have a partially-constructed home completed, or (C) purchase a newly-constructed home. It must be the primary residence of the home buyer. Homes that have been previously occupied do not qualify.
Market Recap

  • Avg. Sales Price: 379,000

  • Avg. Days on Market: 69

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