Listing information based on information from the Wasatch Front Regional Multiple Listing Service, Inc. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2020 Urban Utah
The team at Urban Utah Homes & Estates has the diverse interests, unique skills, and hyper-local knowledge, of the areas where you want to live!
Need help finding your next home in a very competitive market? You can trust the team at Urban Utah Homes & Estates. Lots of REALTORS can show you homes but we’ll help you dig deeper behind the pretty photos and virtual tours to understand our MLS data. For example, if you’re looking at older homes in the avenues, note the acreage/lot size. A small home takes up a footprint of about .05 acres, and many Avenues homes have under .09 acres. That means there won’t be much of a yard or parking with the property!
The Urban Utah Difference
37
Years of Experience
$80M
Sales in 2019
93%+
of buyers following our strategy get into contract the first or second offer
Honest Reviews
Why do so many people look to the Urban Utah team when buying a home?
Because our agents specialize!
Process
Steps involved in buying a home:
Step 1
Getting Pre-Approved With a Lender
We work with many different types of lenders, from banks to credit unions to mortgage brokers. If you don’t already have a life-time relationship with a lender, let us introduce you to one who is a life time, full time professional who will be there for you after the transaction to counsel you on refinancing or getting loans in the future. You MUST have a pre-approval letter from a lender to make an offer on a property in this day and age as it shows the seller that you are ready, willing and able and a good risk on you.
Step 2
Step 3
Step 4
Frequently Asked Questions (FAQs)
When is the right time to buy?
When you want to own your own nest, build your empire with a rental property or buy that dream piece of land for a cabin. Interest rates on mortgages are wonderfully low so it’s worth investigating what you can qualify for and what you could buy!
Should I wait to buy until prices drop?
We don’t see prices dropping. Utah is where people are moving and we’re down about 50,000 units for housing in the state. It’s simply supply and demand and we are NOT keeping up with demand, which keeps prices going up. In 2020 prices went up an average of 10% and in some areas 20%. Values are just going to keep going up so the longer you wait, the more you’ll have to pay.
Do I need to get pre-approved to buy a home?
Yes! You want to make sure you CAN get a loan! It costs nothing to have a lender check your credit and run some numbers for you in advance of house shopping. Your UUHE REALTOR® can connect you to a great professional if you don’t have a relationship with a bank, credit union or mortgage broker already.
How much earnest money do I need to make an offer?
There is no rule or law about earnest money. Sellers LOVE to see a large amount of earnest money waved in front of their faces at the time of the offer. It makes them feel that you are VERY interested. It can be as little as 1% or as high as makes you feel comfortable.
How do I win in a multiple offer battle?
There’s a strategy to this which your UUHE REALTOR® can discuss with you. You may have to offer over asking price, close fast, eliminate some of the contingences (‘subject to inspection, subject to appraisal, subject to buyer’s loan approval’). Each situation is different but our goal is to win you the battle on the property you want.
What are the usual home inspections?
There are general inspectors who will look at the property from the roof to the foundation and everything they can see in-between except for appliances like washers/dryers, refrigerators, etc. These inspections cost between $300-500.00. In addition you can have the property tested for meth, mold, radon gas and for even more money water quality and allergens. We recommend a sewer line scope or septic tank inspection as well. If you did all these inspections you may pay $1500-2000. This money you do not get refunded. You get reports on all of this via email with photos/video and or/test results.
What happens if the home doesn’t pass my inspection?
You have the right to back out of the contract and get your earnest money back as long as you make that request prior to the deadline negotiated for inspections to be completed. We can also request, prior to that deadline a) and extension to have more tests done, b) have the seller repair the items c) ask the seller to give you a reduction in sales price or a credit towards some of your closing costs as compensation or d) continue on with the purchase.
What if the home doesn’t appraise for the sales price?
There is a clause in purchase contracts that you can back out of the deal if the property doesn’t appraise for the purchase price. However the appraiser might not have the right information about the home or current comparable sales. The sellers agent can submit what they believe as comparable sales for reconsideration. In a seller’s market appraisers have one hell of a time proving value when pricing are climbing every month and may not keep up with sales data. You can also make up the difference between what the property appraises for and the purchase contract at closing in cash.
When do I get possession of the property?
Once you loan is approved (unless you’re paying cash), you get the keys once the deed to the property has recorded with the County Recorder in your name. However, the seller may not have found a new place to live and during contract negotiations the seller may have asked for you to rent back to them for say, up to three months. In that case, we would write up a short term lease wherein the seller would continue to insure their property, pay the utilities and HOA fees if applicable and your new mortgage payment-pro-rated on a day to day basis.
What if the seller leaves trash in the property or something is broken?
We will do a ‘walk through’ inspection prior to signing the final papers. If there’s a post-closing problem discovered we can alert the listing agency which will hopefully intervene. Otherwise you may have to take the seller to small claims court.
Featured Listings

3334 W 12180 S Riverton, Utah
6 Beds 3 Baths 3,766 SqFt 0.510 Acres

830 E COUNTRY CLUB DR Kanab, Utah
3 Beds 4 Baths 2,445 SqFt 0.260 Acres

241 N VINE ST 308W Salt Lake City, Utah
1 Beds 2 Baths 1,075 SqFt