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.