Franco PrestonOlympus Real Estate

Buy

Buying your first place? Start here.

For first-time and move-up buyers: comparing neighborhoods, commutes and homes, walking through new construction and builder incentives, and reading inspection reports honestly.

Pathway to Qualification

We'll help you make a plan to buy your first place

Many renters want to become homeowners, but the path to achieving that goal isn't always clear. Our Pathway to Qualification program is designed to help first-time homebuyers plan and prepare to purchase their first property, whether timed at the end of their lease or when the timing is right. No rush. No obligation. The sooner you start, the sooner you live your dream.

What does this mean? Getting qualified, or pre-approved, means a lender looks at your income, credit and savings and tells you in writing how much they would lend you. You want that letter before you start shopping.

New construction

Builder incentives, decoded

Franco walks buyers through new construction and builder incentives, and has working relationships with agents at the builders building most of Northern Utah County.

Ivory HomesEdge HomesFieldstone Homes

What does this mean? Incentives and concessions are money the builder or seller puts toward your closing costs or your interest rate. They usually come with rules, like using the builder's lender.

Straight answers

Not sure where to start?

Thinking about buying or selling in Lehi, American Fork, Saratoga Springs, Eagle Mountain, Highland, Alpine or greater Utah County? These are the three questions Franco hears most.

Is it still a good time to buy in Utah County?

Well-priced homes in move-in-ready condition are still getting strong interest, especially near Silicon Slopes in Lehi and Saratoga Springs.

Should I sell before I buy?

It depends on your financing and risk tolerance. Many sellers use a contingent offer or bridge options so they're not rushed. A contingent offer means your purchase only goes through if your current home sells. A bridge loan is a short-term loan that helps you buy before you sell.

New build or resale?

New construction in Saratoga Springs, Eagle Mountain and Lehi can offer builder incentives, while resales in established neighborhoods may give you bigger yards and mature trees.