Don’t Wait to Buy an Indiana Home
- Waiting Could Cost You $1000’s
This is no April Fool’s joke, but if you wait to buy an Indiana home you will be the fool. On April 5th, the required up-front mortgage insurance premium (MIP) will increase to 2.25%. So, buying a $150,000 home in Indiana with 3.5% down payment of $5250, [...]
FHA and the “Flipper”
As foreclosures increase across the United States and that includes Indiana, banks are looking for ways to sell their overloaded REO inventory.
FHA has devised a plan that should be able to help many of those that buy homes, do some fixing up of the home and put it back on the [...]
Who in Indiana needs me?
I was thinking just the other day, “who needs me”. No, I was not feeling sorry for myself ready to drive into the oncoming traffic and end it all, but who out there needs my services. Who NEEDS me! Who can use my services?
This is what I came up with (in no particular order), and [...]
Rumors of the 8000 housing tax credit being extension?
I recently got an email into the Mad Mortgage Machine asking me…
“We won’t be ready to buy a house until next year, but can’t stand to lose out on the $8000 tax credit.”
Good News the Indiana First Time Home Buyer Tax Credit has been extended through June 1, 2010, but you need to be [...]
Exciting News Coming Soon
Just when you thought it was safe to go back into the water….
I am not just angry…I am MAD
NW Indiana Real Estate's Magic Number
Now, more than ever, is the time to buy in NW Indiana, with about 11 months of home inventories nationwide and home interest rates nearly all time lows one more time this year and not to mention the Indiana first time home buyer tax credit is set to expire at then end of November.
Well, many [...]
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Be Positive
On Friday, I heard a commercial for mortgage guy out of Chicago and his message was just all over the place, but it was mostly negative. He was not being negative on his competition, but on the “market” on a whole. I was shocked by his comments. I was thinking what a fail of [...]
Indiana First Time Home Tax Credit
Revisited…
Lately, I have been getting some calls and emails about the Indiana First Time Home Buyer Tax Credit from some very confused Indiana home buyers and agents alike.
I want take just a moment and straighten out a few of the misconceptions that are there.
Lets set the record straight once and for all and let me [...]
Where in Indiana are you?
Where in Indiana do we do business and where in Indiana have I been doing business!
I cover the State of Indiana, as I am the Indiana FHA Expert and the Mad Mortgage Machine. A few weeks ago, we were able to do a first time home loan for a good friend of mine and [...]
Real Estate News for the Region
Good News for the Region
Combined with the $8000 tax credit for Indiana’s first time home buyers and exceptionally and, not to mention, historically low Indiana FHA rates have driven home sales in Northwest Indiana higher than the previous month by a whopping 13.4%.
Most of the questions that I am getting are about the [...]
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