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Howard Freiss
Branch Broker

    CRS: Certified Residential Specialist
    ABR: Accredited Buyer's Representative

Direct: (801) 259-0766



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South Jordan First Time Home-Buyers

South Jordan Home Buyers: What to Know About the First Time Home Buyer Tax Credit

Wednesday, October 21st, 2009

Everyone that is first time homebuyers is pushing to buy before the November 30th deadline for the $8,000 tax credit, but the good news is they are talking about extending it and offering it to other groups as well. The $4,000 grant from Utah Housing is still available for new construction and you can put in for it before your new home is completed. Another thing on the horizon is the possibility that there may be time restrictions on how quickly banks and mortgage companies will be able to reply to short sales. It can be such a long process and though some companies do respond quicker than others most still take 4-6 months or more. Any guidelines that will help streamline the process will certainly help.

Market Recap

  • Avg. Sales Price: $336,850

  • Avg. Days on Market: 100

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