Condominium ownership is a great option for first-time buyers, empty-nesters and anyone in between who is looking for financial flexibility without the responsibility of major property maintenance. What do you need to know if you’re in the market to buy a condo? Is the condo lifestyle right for you? Read on!

What, exactly, is a condo? A condominium is one of a group of attached housing units where homeowners buy their individual unit spaces. The key difference from a single-family home is that there is no individual ownership of a plot of land. All the land in the condominium footprint is technically owned in common.

About homeowners associations. Condominiums will usually have an association that is charge of keeping everything running smoothly…

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Daybreak, one of the most distinct planned communities in all of Utah, has dedicated itself to being an enduring community in the Salt Lake Valley.  Kennecott is doing this by building Daybreak in a way that will ensure future generations have the opportunity to enjoy a great neighborhood, beautiful land, abundant water, and clean air.

Growing Conditions at Daybreak

Daybreak integrates sustainable landscape practices into the community in a number of ways. They are committed to planting over 100,000 trees along all of the streets and in parks, which will diminish the urban heat island effect. Storm water runoff is collected in a variety of ways and filters down to recharge the aquifer beneath Daybreak. Residents are encouraged to plant a water…

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A house will probably be the biggest financial decision you make in your life—but it’s more than that. When you buy/sell a home, you’re making many decisions that will affect how you live for several years. That’s why it’s important to consult a real estate professional for advice as you prepare to buy/sell a home.

Before you make the move to buy/sell a home, you need to do some research to make sure you make the best decision for yourself.

Know how much house you can afford

Most real estate experts will advise you to get pre-approved for a mortgage before you start looking for houses. Visit your preferred financial institution to find out how much they’ll lend you for a house.

Remember that your monthly mortgage payments will not be your…

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Many home buyers turn away from potential properties once they discover the amount of the home’s homeowners association fees. This added expense, when combined with mortgage payments, may put a property out of the reach of many buyers. As a homeowner, it is worth your while to explore avenues to reduce your HOA fees, not only to lower your current monthly expenses, built also to make your property more attractive to home buyers when it comes time to sell.

Remember that your neighborhood’s HOA board members are responsible for creating the HOA budget and negotiating with vendors such as landscape maintenance firms or pool services. As with any organization, they may or may not be doing a bang-up job.

The best way to ensure your HOA board is making…

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The American Academy of Innovation is the new charter school in Daybreak! The school will be located just off South Jordan Parkway in South Jordan. 

There are several open houses scheduled:

April 13th 7-9pm

May 17th 7-9pm

May 31st 7-9pm

June 2nd 7-9pm

June 16th 7-9pm

Office Hours — 8 AM to 4 PM
Phone — (801) 810-4786
hello@aaiutah.org

For more information visit: aaiutah.org

 

 

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