100% Financing is Available!

The USDA Rural Housing mortgages has just received funding for the zero-down payment loan program which ran out of money earlier this year!

With the restored funding, this program is expected to allow low and moderate income buyers in rural areas to buy homes with no money down and no monthly mortgage insurance!

So what areas in Utah County qualify? Areas south of Spanish Fork to the county line as well as any home west of the Jordan River!

To see if you qualify call Scott at Stearns Lending at 801-802-8260 or if you would like a list of homes emailed to you visit my website www.sandibates.com!

1 out of 5 Homeowners Are Upside Down...

One out of five Utah Homeowners with a mortgage was in a "negative-equity" sitution in the second quarter according to CoreLogic. In Utah, 20% of people with a mortgage owed more on their homes than they were worth, and more than 6% were getting close to being "underwater".

Compared to other states, the percentage is relatively mild. In Nevada, 68% were in a negative-equity situation followed by Arizona at 50%, Florida 46%, Michigan 38% and California 33%.

If you think you may be in this situation here are a couple of sites that you can visit that have some great suggestions on how to avoid foreclosure and other helpful tips. And of course you can always call or email me with questions too!

Just click here for those tips: Upside Down Tips OR HUD Tips

Household Tips You can Use!

1-Take your bananas apart when you get home from the store.
If you leave them connected at the stem, they ripen faster..

2-Place a dryer sheet in your pocket. It will keep the mosquitoes away.

3-To get rid of pesky fruit flies, take a small glass, fill it 1/2' with Apple Cider Vinegar and 2 drops of dish washing liquid; mix well. You will find those flies drawn to the cup and gone forever!

4-Put small piles of cornmeal where you see ants. They eat it, take it 'home,' can't digest it so it kills them. It may take a week or so, especially if it rains, but it works and you don't have the worry about pets or small children being harmed!

5-Clean your dryer vent screen with hot soapy water and toothbrush to remove the waxy film that your dryer sheet leaves behind. It will help your dryer last alot longer!