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Attention all UAR members,
The Financial Crimes Enforcement Network, or FinCen, has established anti-money laundering regulations applicable to specific real estate transfers. Although previously delayed, implementation is currently set for March 1, 2026.
Affected real estate sales transactions will require the title company to submit a real estate report to FinCen. The most common scenario includes the following three components:
1) Residential property (existing 1-4 family property or land that is intended to become a 1-4 family property)
2) Non-financed transaction (non-traditional lending including hard money lending, cash or seller-financed transaction)
3) Buyer is an entity or trust
If you have a property under contract, please check with your title company to see if your transaction will require the title company to submit a real estate report to FinCen.
Read our blog post to learn more about the new FinCen requirement: utahrealtors.com/realtor/certain-transactions-to-be-subject-to-fincen-march-1/
This year's REALTOR® Day at the Legislature will be held Friday, Feb. 13, from 9 a.m.-2 p.m. at the brand-new conference center in the Capitol's new north building. We'll hear about real estate bills currently being discussed by the Legislature and have lunch with legislators in the Capitol Rotunda. Space is limited! Register today: utahassociationofrealtors.regfox.com/realtor-day-at-the-legislature-2026
U.S. Federal Housing (FHFA) announced today the 2026 conforming loan limit values for mortgages Fannie Mae and Freddie Mac will acquire in 2026. In most counties in Utah, the limit will be $832,750, an increase of $26,250 from 2025. The highest limit in Utah will be in Summit and Wasatch counties where the limit will be $1,150,000, an increase of $175 from 2025.
recurring income, right location, right tenants
Maybe I can finally get a home here
if you ever wanna maybe partner but there are better real estate options than flipping I think ~ residual income
Was $350k when I bought my house 😂😅 just wild.
I've sold over 7 million this year and have negotiated for clients around 1.5 million off offering prices once said and done. At least! It's a buyers market and may soon end again. Are you done with the flips bc of your last deals w Jason or/and the marketplace???
What’s happening in Wayne County?
Full send! Inflation. 😎🙏
Bryce Hoover
Utah has a high cost of living and low labor rates, the state is unaffordable.
No that is higher!
Good news but why isnt it way higher for Utah county and salt lake county? Two places with a large population and extremely high cost of housing.., this little increase still doesn’t keep up with the cost of housing increasing . Most large family homes that aren’t starter homes are over a million dollars now.
just insane
I mean, cool? I guess? You know what kind of money you have to make to afford those loans? This is insane.
I'm looking at duplexes to rent if you're keen we should focus on that rather than flipping
Nice! Maybe I can afford a $3M shithole condo in my hometown of Wasatch
sexy bitch
Utah Association of Realtors
2 weeks ago
Attention all UAR members,
The Financial Crimes Enforcement Network, or FinCen, has established anti-money laundering regulations applicable to specific real estate transfers. Although previously delayed, implementation is currently set for March 1, 2026.
Affected real estate sales transactions will require the title company to submit a real estate report to FinCen. The most common scenario includes the following three components:
1) Residential property (existing 1-4 family property or land that is intended to become a 1-4 family property)
2) Non-financed transaction (non-traditional lending including hard money lending, cash or seller-financed transaction)
3) Buyer is an entity or trust
If you have a property under contract, please check with your title company to see if your transaction will require the title company to submit a real estate report to FinCen.
Read our blog post to learn more about the new FinCen requirement: utahrealtors.com/realtor/certain-transactions-to-be-subject-to-fincen-march-1/ ... See MoreSee Less
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Utah Association of Realtors
2 weeks ago
This year's REALTOR® Day at the Legislature will be held Friday, Feb. 13, from 9 a.m.-2 p.m. at the brand-new conference center in the Capitol's new north building. We'll hear about real estate bills currently being discussed by the Legislature and have lunch with legislators in the Capitol Rotunda. Space is limited! Register today: utahassociationofrealtors.regfox.com/realtor-day-at-the-legislature-2026 ... See MoreSee Less
Share on FacebookShare on TwitterShare on Linked InShare by Email
Comment on Facebook
Utah Association of Realtors
3 months ago
U.S. Federal Housing (FHFA) announced today the 2026 conforming loan limit values for mortgages Fannie Mae and Freddie Mac will acquire in 2026. In most counties in Utah, the limit will be $832,750, an increase of $26,250 from 2025. The highest limit in Utah will be in Summit and Wasatch counties where the limit will be $1,150,000, an increase of $175 from 2025. ... See MoreSee Less
Share on FacebookShare on TwitterShare on Linked InShare by Email
Comment on Facebook
recurring income, right location, right tenants
Maybe I can finally get a home here
if you ever wanna maybe partner but there are better real estate options than flipping I think ~ residual income
Was $350k when I bought my house 😂😅 just wild.
I've sold over 7 million this year and have negotiated for clients around 1.5 million off offering prices once said and done. At least! It's a buyers market and may soon end again. Are you done with the flips bc of your last deals w Jason or/and the marketplace???
What’s happening in Wayne County?
Full send! Inflation. 😎🙏
Bryce Hoover
Utah has a high cost of living and low labor rates, the state is unaffordable.
No that is higher!
Good news but why isnt it way higher for Utah county and salt lake county? Two places with a large population and extremely high cost of housing.., this little increase still doesn’t keep up with the cost of housing increasing . Most large family homes that aren’t starter homes are over a million dollars now.
just insane
I mean, cool? I guess? You know what kind of money you have to make to afford those loans? This is insane.
I'm looking at duplexes to rent if you're keen we should focus on that rather than flipping
Nice! Maybe I can afford a $3M shithole condo in my hometown of Wasatch
sexy bitch
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