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Indiana First Time Home Buyer Tax Credit

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 [...]


Ten Great Reason to be a First Time Home Buyer

2009 brings us a lot of challenges, but with great challenges it brings us a great deal many of opportunities in Indiana.  I came up with 10 great reasons to buy a new house in 2009 versus any other time.
Drum Roll…
10.  This is a double whammy, you get to tell your Landlord and the noisy [...]


2009 Indiana FHA Loan Limits

Thousand of Indiana homeowners will benefit from new increased FHA Home Loan Limits with fixed rate refinance loans up to $410,000 in several  designated high cost areas.  Home refinancing has never been easier with cash out loans available up to 95% for qualified Home Owners. In an effort to curb the rising foreclosure rates, the [...]


Revised Indiana FHA Loan Limits

Well, with the new stimulus package Indiana FHA Loan Limits have been changed for the year 2009
Indiana Counties of Porter, Lake, Jasper and Newton will go back to the 2008 levels of…
One-Unit –    $410,000
Two-Unit -     $542,850
Three- Unit – $634,450
Four Unit -    $$788, 450
While the just about the rest of Indiana including the counties of [...]


Tax Credit for Indiana’s First Time Home Buyer

The Stimulus Bill was pass earlier this week and there are some good points to it after all.  The good news is for the First Time Home Buyer in Indiana, with the $8000 Tax credit.   (that you do not have to pay back)
Here is a Quick Summary:
- First Time Buyer means Haven’t owned a home [...]


Great way to buy your first Indiana Home

I was sitting in a class last night after speaking to a few local Real Estate Agents about buying foreclosed homes and some multi-units.  I had one of those moments of clarity and I am not sure why I had not thought of it before.
When my wife moved back to NW Indiana to work in [...]


Indiana FHA Loan Limits

There are some new Indiana FHA Loan Limits for 2009 and all counties but four remain virtually unchanged. The counties of Lake, Porter, Jasper and Newton (the Region) have come down a little from the 2008 increased limits while the rest of state will remain pretty much the same for 2009.
The Region (Lake, Porter, [...]


The Power of Compounding

Last year and at the start of this year there were a lot of changes in the mortgage industry.  New rules, new regulations and so on.  It is taking a lot of people by surprise.   I know cause of the calls coming into me this week for people were wanting to be pre-approved to buy [...]


Spend & Save

As a young man growing up in NW Indiana, with a decent job for my age.  I spent like a drunken sailor on leave from dinners out to movies to drinks, the list could go on and on.  I knew at the time, I was not in the housing market.  My schooling was being paid [...]