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 [...]
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 [...]
Read more »Indiana FHA Home Loan
Are you unhappy where you are living? Are you too old to be living with mom and dad?
With an Indiana FHA Home Loan…You can change your life.
Whether, you are a first-time home buyer, have owned a home before or have less than perfect credit FHA more than likely has a program that will best [...]
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 »Ten Great Reason to be a First Time Home Buyer
And, now to conclude the Top Ten Reason to be an Indiana First Time Home Buyer.
Part 2
5) Seller’s all across Indiana are more willing than ever to give incentives for First-Time Home Buyer up to 6% in many cases
4) The Interest, Mortgage Insurance, & Property Taxes can all be written off on your taxes, thus [...]
The Fed speaks and this week in Indiana Mortgage Rates
Mortgage markets lost a little ground last week, just edging mortgage rates tad higher in a week marked by the largest stock market gains since November. I bet many of you are liking your 401k now.
Once again, mortgage rates couldn’t sustain a rally for more than 5 days. Not since late-2008 have mortgage rates managed [...]
The Half Truth behind Foreclosures
The USA Today ran this 2008 Foreclosures By State heatmap last week, reminding us of a simple truth: Headline are often misleading.
According to data compiled by RealtyTrac, 1 in 8 U.S. homes is in some stage of default or delinquency at the end of 2008.
This is a fact and it was widely reported by the [...]
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, [...]
Indiana FHA Expert has a new team
“Life is luck, make it.”
Mother Teresa (1910–1997), Macedonian missionary, Nobel Peace Prize winner
Life is what you make out of it. You know the whole life gives you lemons, you should make…
Well, in the past year or some in this turbulent Indiana Real Estate market that is not only us but the rest of US. [...]
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