It is a $6000 Grant on all New Construction homes:
-It will be limited to the first 1,600 people who apply and qualify!
-Only applies to 30 yr fixed mortgages. Meaning no arms, or interest only. Not like those really exist anymore anyway.:)
-An individual can not make more than $75,000 a year or combined income with significant other of $150,000.
-Home has to be new construction, defined as a home that has never been lived in. There are many homes in the Salt Lake valley that have been for sale for 2 years but never been lived in so they would also qualify for the Grant.
The important part that everyone should be aware of is the total amount is $10 million. Once the money is gone, its gone. First come first serve basis. So you need to act fast. If you are buying a new construction home in Utah right now you need to get on the list right away. The money is going to be available immediately. We can get you on the list so you will receive your free $6000 New Construction Grant for your new home. I am so proud of the State legislature for this idea. This is a great way to help the consumer
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment