Real Estate Info in Utah/West Jordan UT/Daybreak UT, Buying a Home, Selling a Home, Short Sales, Foreclosures, First Time Home Buyers

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Jennifer Yates
REALTOR®

Direct: (801) 520-0834

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7985 S. 700 E.
Sandy, UT 84070

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New Construction

Steps To Obtain A Home Run 2 Grant in West Jordan, Utah

Saturday, September 12th, 2009

Buyer signs a contract 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.

  1. Buyer applies for mortgage loan through an Approved Lender and Approved Lender obtains all required Home Run 2 documentation and written loan underwriting approval.
  2. When all required Application materials have been obtained, Approved Lender submits a Home Run 2 Grant Request to Utah Housing and receives from Utah Housing a Home Run 2 Grant Commitment authorizing the Grant for the Buyer.
  3. The purchase closing is scheduled at a title company. As soon as closing documents have been signed, the title company faxes required documents to Utah Housing so that it can request that the Escrow Agent send a wire of $4,000 to the closing.

  4. The Home Run 2 Grant Commitment must be dated on or prior to the date shown on closing documents


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Hit A Home Run With Daybreak

Saturday, September 12th, 2009

The “Home Run Grant” is back and there is no better time to sell a home in Daybreak!  Interest rates are low, and there are still homes available in Salt Lake County’s most popular development.  (One in five new homes in Salt Lake County is purchased in Daybreak.) 
 
And talk about an easy sale, Daybreak practically sells itself!  What other community can boast of a 67 acre lake, 20+ miles of walking trails, a fitness center, swimming pools, and fiber-optic high speed internet?  You say it sounds too good to be true?  We really have all that and more, including a new retail center, SoDa Row and 25 model homes.

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DAYBREAK REAL ESTATE: HOME RUN GRANT IS BACK!!!!

Friday, September 4th, 2009

As announced by Gov. Gary R. Herbert, there is a new $4,000 grant (Home
Run 2 Grant Program) to assist home buyers who are:

1. Hiring a builder to construct a new personal residence,
2. Purchasing a partially-finished residence and contracting to
have it completed, or
3. Purchasing a newly-built, never-occupied, completed residence.

This cash grant, coupled with low interest rates, stable home prices
and the $8,000 Federal Tax Credit for first time home buyers will enable
many Utahns to achieve the dream of owning a new home.

There will only be approximately 1,950 grants so you have to hurry and take advantage of this awesome program.

Give me a call or email me if you need a list of new construction Homes, Townhomes or Condos.

Daybreak has a lot of new construction if you would like to live there and enjoy all the benefits.

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Breaking News For New Construction in Daybreak, West Jordan & Anywhere in Utah

Friday, August 21st, 2009

You are not going to believe it. The state of Utah has announced that the NEW HOME CONSTRUCTION GRANT is coming back and this time it is $4,000 instead of $6,000. I guess a little is better then none.

Are you excited???? Now you can build/buy your dream home that has never been lived in and get $4,000 free from the state. I know you can’t wait.

It is said to be in place in the next few weeks.

You can use this money for a down payment or closing costs. Now you don’t have any excuses of why you don’t want to buy a home right now.

There are a ton of new construction projects/subdivisions in Utah. Daybreak has many lots that you can build on from a condo, townhome  or a home. West Jordan has a lot of new construction also. But you can buy anywhere.

If you would like more information on where the new construction is, please email me or give me a call. I have become an expert on new construction.

Also, don’t forget about the $8,000 FIRST TIME HOMEBUYER TAX CREDIT. This tax credit is for first time buyers who buy before Dec. 1st. After you purchase your home before Dec. 1st, 2009, then you do an amendment of your 2008 taxes and the $8,000 appears. You can use it to pay a family member back for allowing you to borrow money for your down payment, you can buy new furniture or whatever you want. Again you don’t have to pay it back. It doesn’t get better than this.

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