Utah homes: The facts

Preetika Reddy

18 juin 2011

As every state in the United States of America is subject to both federal and state laws, buying a home is a different process in every state. This includes the state of Utah. People who are thinking about buying Utah homes will need to familiarise themselves with the home buying process in this state before they make an offer.

Buying a home in Utah

Using a real estate agent In Utah, most people find homes for sale using a real estate agent. Real estate agents in this state can represent either the buyer or the seller. In some cases, they may represent both the buyer and the seller. This situation labels the real estate agent as a "limited dual agency". Every real estate agent in Utah should provide buyers with a form called "consumer disclosure". Those who have questions about the form or Utah real estate listings should make sure that they ask. Buyers are able to create a contract with a real estate agent who will act with their interests in mind. What to look for when buying a home In Utah, the seller of a home should give the buyer a disclosure which states all the known defects of the home in question. Buyers should make sure they look for plumbing and sewage problems, leaks, insect infestations, roof problems, heating and air conditioning issues and drainage problems. Buyers should also make sure that the foundation of the home is stable and does not have any cracks. It is also prudent to check for any title issues or lead paint in the home.

The final steps in buying the home

Sale and purchase agreements It is important that the sale and purchase agreement is looked over by a Utah lawyer before the sale is completed. This will alert the buyer to any legal issues that could impact their purchase of the property. The agreement should also allow the buyer to inspect the home before the sale is finalised. Closing the sale
Once all the paperwork has been signed, the buyer can pick up the keys and move into the home. This is the time where the buyer will need to make sure that his home and contents are adequately insured.

A guide to renting serviced offices

Whether, you’re an established name or a start-up, serviced office spaces to let provide you with the physical space that your company needs without the financial commitment of a permanent agreement. The following article outlines three key factors that you should take into consideration when selecting a serviced office.

29 août 2011

Plus de la catégorie » Property

All about: REO real estate

REO (Real Estate Owned) is a property owned by the bank after a failed foreclosure bid. Most foreclosures are not sold on the auction block since there are too many costs involved. At the foreclosure auction, the bidder must pay for the mortgage, additional liens, foreclosure costs, interest and late charges owed. If there are no offers, the property reverts to the bank and becomes an REO.

7 juil. 2011

Plus de la catégorie » Property

A guide to gaining planning permission in the UK

Planning regulations in the UK can be quite tight, depending on where you live and the elements of the surrounding area. Many homeowners seek permission to build on their own land or to develop land elsewhere. The application process can be lengthy and very confusing at times. This article provides a guide to gaining planning permission in the UK.

21 juil. 2011

Plus de la catégorie » Property

A guide to the home buying process

Home purchasing is done every hour in the UK, and as long as you are cautious and know what to look for in a home, this house purchase should go very smoothly. Before you sign on the dotted line, make sure that you understand your contract, your financing and your right to buy. A perfect guide to buying a home is provided in this article.

19 août 2011

Plus de la catégorie » Property