We have talked about foreclosures in Utah for quite sometime now, both through blogging and on facebook and even tweetin it a few times. One question we have been asked repeatedly is ” What is a First Look Home…and why should I care? (more…)
Hud Homes In Utah-What You Need To Know!
As you may or may not know, HUD homes are actually FHA or VA loans that have been foreclosed by their respective lenders and returned to Housing and Urban Development (get it…HUD) for resale. These homes can range in price from $50,000- to 750,000 (in Utah) and can generally be bought for under market value. And, as you see us leaping for joy (that was metaphorically, not literally although this is indeed a time to leap for joy), this is a very good thing! (more…)