First Time Homebuyers Eligible for Live in Logan Grant!

By
Real Estate Agent with Market Edge Real Estate

First time homebuyers are eligible for the Live in Logan Grant. The Live in Logan Grant is sponsored by Logan City and the $7,500 grant is available to first-time homebuyers looking to move to Logan that qualify. The money can go toward a down payment or closing costs.

A “first time homebuyer” is defined as someone who has not owned a home in the past three years, those who currently own a trailer that is not on a permanent foundation, those who lease or own a condominium, and/or are a displaced spouse. The requirements for this grant are:

  1. Be a first time home buyer
  2. Earn no more than 80% of the HUD median for Cache County
  3. Have certain debt to income ratios
  4. Attend a First Time Home Buyer Workshop (the one in Cache County is provided by the Utah State University Family Life Center
  5. Apply at least $500 of your own funds to the purchase of the home
  6. Buy a single family residence within Logan city limits

On top of an $8,000 government tax credit for first time homebuyers, this is a great opportunity! If you would like more information about this unique program please give me a call at (435) 757-5533. If you’re looking for a home visit my Web site to search Logan Utah homes for sale. There is a map with all the homes for sale in Logan, Utah. You can also send me an e-mail at mike@LoganHomeFinder.com.

Mike Whitesides, Realtor, Market Edge Real Estate, Logan, Utah (435) 757-5533.

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