Posts Tagged ‘first time home buyers’

Preparing Your Home For Sale, by Inwest Title, a Utah Title Company

Friday, December 28th, 2012

At Inwest Title Services we want to help you in any way we can. In addition to our services we also have relationships with real estate professionals, loan officers and others in the industry that provide us with useful tips that we want to pass on to you. One thing that is really important in the current market is making a home stand out and look its best when trying to sell it. Whether you are a real estate agent or a home owner, there are some tips than can help you sell your home.

Clean It Up: It seems obvious but it is often surprising how many homes are full of clutter, too much furniture or safety hazards that make it not show its best. Having a home that looks spacious will make buyers feel like they will fit and be comfortable. It may be necessary to put some furniture and other items in storage but make it feel roomy by applying the concept of “less is more”.

Make it Smell Good:
Bad smells make a home seem unclean and like it hasn’t been well cared for. A professional carpet cleaning will not only revitalize carpets by removing stains and minimizing the appearance of wear…but it will get rid of odors that have been trapped for years and make the rooms smell fresh. Removing litter boxes, washing pet bedding regularly, taking diapers outside immediately after changing them etc. will make a home smell its best. Air fresheners are not a bad idea either. Make your home one that is remembered because it looked and smelled its best.

Curb Appeal: Clean up the outside, keep landscaping well watered and trimmed, remove trash cans from the curb as soon as they have been picked up, keep debris, toys, etc. cleaned up, especially in front. Let the first impression in a picture or in person be the best possible.

Safety First: Keep driveways, walks and porches cleared of snow and ice in the winter, or overgrown landscaping in the summer. Don’t have potential buyers change their mind because of an injury that could have been prevented. Keep dogs confined during showings, some people are afraid of even the smallest dogs. Make sure that firearms, medications, and anything else that could be hazardous or harmful are properly secured.

Lights on: Turn on every light in the house when a showing is being expected to make it easy to see and make the home look bright and vibrant. Don’t leave your potential buyers fumbling to find a light switch in the dark.

Making your home one of the best on the market will increase the chances of it selling with the timing you need, and for the best price possible.

For this and other information on Utah Title Companies, Utah Title & Escrow, or Title Insurance Quotes locate and contact your nearest Inwest Title office at



REPC Deadline Reminder System, by Inwest Title, a Utah Title Company

Friday, October 26th, 2012

Do you and your real estate team struggle to stay on top of REPC (Real Estate Purchase Contract) deadlines from transaction to transaction?  If you work with Inwest Title Services on your real estate transaction then you need not fret.  Inwest Title Services provides their clients with timely reminders on all of their important deadlines on the REPC.  The deadline system triggers an email to your inbox when your pending deadlines are near:

*Seller Disclosure, Due Dilligence, Settlement Deadline, as well as Financing and Appraisal Deadlines all arrive 2-4 days before the deadline on the contract.

The system will also notify you of the latest REPC addendum we have received on file.

Let Inwest Title Services put your deadline worries to rest.  Place your next title order with Inwest Title Services.

For this and other information on Utah Title Companies, Utah Title & Escrow, or Title Insurance Quotes locate and contact your nearest Inwest Title office at



Explaining Why Title Insurance is Necessary to your Clients, by Inwest Title, a Utah Title Company

Friday, October 19th, 2012

Other types of insurance coverage focus on possible future events and charge an annual premium, such as flood insurance or hazard insurance. Title insurance protects against loss from hazards and defects already existing in the title and is purchased with a one-time premium.

Insuring a home’s title begins with a search of public land records affecting the property. The title agent or attorney working on behalf of the underwriter examines pertinent documents to determine whether the property is insurable. Those documents include deeds, wills, trusts, outstanding mortgages and judgments, property liens, highway or utility line easements, pending legal actions and notary acknowledgements.

When title problems are disclosed during the search process, they are corrected whenever possible to avoid future claims. According to surveys done by the American Land Title Association (ALTA), title problems consistently arise in one out of three real estate transactions (36%).

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For this and other information on Utah Title Companies, Utah Title & Escrow, or Title Insurance Quotes locate and contact your nearest Inwest Title office at


Time is Running Out on the First-time Homebuyer Tax Credit, Make Sure to Act by April 30, 2010!, by Inwest Title a Utah Title Company

Friday, April 16th, 2010

The current First-Time Homebuyer Tax Credit is quickly coming to an end.  If you qualify and want to receive a tax credit (of up to $8,000.00 for first time homebuyers and $6,500.00 for long time residents) on the purchase of a principal residence then you must enter into a written binding purchase contract by April 30, 2010 and close no later than June 30, 2010.  There are only a few weeks left to take advantage, so get busy shopping and find the home of your dreams.  Congress has not expressed any intention of extending this credit, so once this credit is gone it may never be back.

The great part about this credit is that if you purchase by the 2010 deadlines, then can receive the immediate benefit of the credit by claiming it on your 2009 tax returns without having to wait.  Below are a few key requirements in order to claim the credit, but we recommend you fully review the IRS requirements for this program and check with your tax professional to make sure you qualify.

Basic Requirements:

Who Qualifies?

  • First-Time Home Buyers (no home ownership in the 3 years prior to your new purchase).
  • Long time residents who have owned and used the same principal residence for 5 out of the last 8 years.
  • Members of the Armed Forces and some federal employees outside of the US may have an extra year to purchase a principal residence and claim the credit.  (Contract by April 30, 2011 with purchase completed by June 30, 2011).

Income Limits?

  • Yes.  The credit begins to be phased out if your modified adjusted gross income exceeds $125,000.00 for single taxpayers and $225,000.00 for joint taxpayers.

Purchase Price Limitation?

  • Yes.  Maximum purchase price of $800,000.00.

To review detailed requirements of the tax credit review the following helpful links on the Internal Revenue Service’s web site: