If you are a first time buyer who wants to take advantage of the $8,000 tax credit, or an existing home owner who has lived in your home for atleast five years, who wants the $6,500 tax credit, you have 34 days to get a house under contract.
Now, with this tax credit, the house you buy doesn't have to close until the end of June, but it does have to be under contract by the end of April.
There isn't a lot of time yet, but there is enough if you act quickly. Making offers on short sales would not be recommended at this point as they often take much longer than a month to actually get bank approval. There are still lots of homes on the market, lots of good deals, and new homes on the market every day.
The current low mortgage interest rates, and the tax credits make it so that nearly any home for sale can be a deal.
Start looking for Utah homes for sale online now!
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