As a reminder to everyone who is a first-time home buyer in Provo and throughout Utah – the tax credit for $8,000 is still available. With the tax credit and the availability of so many nice homes in Provo, now is one of the best times ever for the first-time home buyer to get into a home. I recommend that you take advantage of the bank owned and short sale properties available. Though working with lenders can require some patients with short sales, now is a great time to get deep discounts on great homes in Provo and other Utah County areas. Remember that first-time home buyer means someone who has not owned a home in the last three years.

In addition to the tax credit for the first-time home buyer, Utah also has a grant called The Home Run 2 Grant. The Home Run 2 Grant was launched recently by Governor Gary Herbert and provides $4,000 to be used towards buying down interest, closing costs or down payment. The only contingency is that it has to be on a brand new, never been lived in home. Here is another great opportunity to save money and get into a nice home.

Tags: bank owned, buyer, first-time, first-time home buyer, grant, home, home run 2 grant, provo, short sale, tax credit, utah county

Posted on Wednesday, September 9th, 2009 at 10:13 pm and is filed under First Time Home Buyers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.