Logan Utah Real Estate and Cache Valley Homes
Utah just passed a bill that would give buyers of new construction in the state $6,000.00. If you're a first time home buyer and qualify for the $8000.00 tax credit, that's $14,000.00 for buying a brand new home. On top of historic low interest rates, buying a home has never been better. Here is the details:
- $6000 Grant for new construction (to qualify, the home must have never been lived in)
- Income guidelines are the same as the federal tax credit program
- Any type of loan can be used to purchase the home, not limited to FHA or Utah Housing
- Applications are to be obtained through Utah Housing, and must be submitted to them once completed
- Once an application has been approved, applicants have 90 days to close on a NEW home
- ALL Homebuyers are eligible for this program, not just first time homebuyers!
- $10,000 Million is Available for this program
- First Come, First Serve
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