Whether your upbringing started in the sunny side of Southern California or the slippery-sloped sidewalks on the East Coast, the decision to purchase a home in Utah promises to produce a culture shock.
As more and more people consider the idea of moving to Utah, it’s important to be well versed on what life in the Beehive state is like. Should you go for a home or condo? Salt Lake or Ogden? Before you pack your bags and hit the road, make sure you’ve got all of your ducks in a row, and check out these things to keep in mind when buying a house in Utah.
Home owner or rental property
Whether you’re seeking more privacy, want to exploit the low housing rates or simply enjoy the nostalgia of “paining your own fence,” it’s monumental that you make sure to decide how you want to spend your life in Utah.
Consider living in a “go green” community
The value of protecting Planet Earth is at the top priority of most Utahns. So, why not join the club? The benefit of greening your lifestyle include not only savings to your wallet, but to your health as well. Some Utah communities, like these townhomes in Daybreak, are at the forefront of this cutting-edge regime.
Finding the right real estate agent
Think of your real estate agent as more of a life consultant and less as a tour guide. He or she embodies how you envision this dramatic change to your lifestyle. So, do your due-diligence and make sure you find an agent that isn’t solely working for he or she’s seller’s best interest. If you’re struggling to find a reputable agency, consider looking through an association of Utah realtors, as that can be a great place to start your agent-shopping spree.
Understanding the process
Buying a home (in general) can easily become a confusing and/or overwhelming process. To help ease this complication, your housing-investigation must begin ASAP. These includes:
Step 1: Determine how much money you need to satisfy your lifestyle on a monthly basis.
Step 2: Consult with a financial adviser to predetermine if you’re eligible for preapproval on your mortgage.
Step 3: *See finding the right real estate agent (above).
Step 4: Become business-savvy: begin making offers, touring homes within your price range, use a checklist, take pictures, talk with potential neighbors, etc.
Step 5: Conduct a proper home inspection of impending location.
Step 6: Work with mortgage bankers and choose a loan which best suits you and/or your family.
Step 7: Hire a 3rd party to justify a proper acquisition when buying a home. Having the home appraised validates whether or not you’re paying a fair price.
Step 8: Close the sale with open eyes and ears. When closing a deal, you will sign A LOT of paperwork. It’s imperative that you understand each document to the full extent.
Hopefully these things will provide valuable as you begin to contemplate your new life in Utah!