Mad Mortgage Machine Ep 2
This week Dave discusses the FHA Home Loan regulations, new seller concessions, FHA and Flipping, Higher Down Payment, and the Biz Booster of the week is ID Theft.
Identity Theft Biz Booster
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Dave Woodson
The Mad Mortgage Machine
Any rumors of the 8000 housing tax credit being extended or a new program being created?
Dear Mad Mortgage Machine
I won’t be ready to buy a house until next year, but can’t stand to lose out on the $8000 tax credit.
Mark
Mark,
You are in luck the $8000 tax credit has been extended through June, but you need to be under contract by April 20th, 2010. Even more good news is that [...]
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 [...]
Read more »An Indiana FHA How-To
There are many opportunities for a person or a family to get an Indiana FHA loan help. Maybe you need a FHA loan as a first time homebuyer. Maybe you are struggling with possibility of foreclosure. Or, just maybe you need to refinance and get a lower interest rate. Whatever the reason, your first step [...]
Read more »10 Great Reason to be an Indiana First Time Home Buyer – Part 1
There are 10 Great Reasons to Buy a Home as a First Time Home Buyer
Here are the first 5
10. This is a double whammy, you get to tell your Landlord and the noisy neighbor upstairs to get lost
9. There are tons of great financing options for The Indiana First-Time Home Buyer
8. As an Indiana First-Time [...]
The IRS Indiana First Time HomeBuyer Form
First Time Indiana Home Buyers, As part of the American Recovery and Reinvestment Act of 2009, the IRS has officially released Form 5405 — better known as the…First-Time Homebuyer Credit Form.
True to tax code standards, the 10-field form is accompanied by 3 pages of instructions, but don’t worry it is not that bad. However, [...]
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