Indianapolis Real Estate Blog

August 25, 2009

Indianapolis Real Estate $8000 tax credit

2009-08-25

The November 30th deadline approaches. And you will be surprise to find out just how many days you have left take full advantage of the $8000 tax credit.

How much time remains and how are you going to use it up.

Have you made contact with a lender to start the pre-approval process. The further you get along in this process before you get in a car to look at a home the better you are.

Now you are ready to actually head out and look. With lower inventory levels lower than last year, it may take 30 days to find a house. Then there is the contract negotiation process. If you are lucky and you have focused on seller owned properties you may be able to get a approval within 7 days. 37 Days Gone

With the new appraisal rules (HVCC) and the new lender rules (HERA) going into effect you can expect that getting your final loan approval will be 30-45 days. Let be safe and say 45 days Gone.

97

Days remain to take advantage of the $8000 tax credit.

Let me assistance you in the purchase of your next home using the $8000 tax credit. Contact Chris Frantz of EDU Real Estate

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Indianapolis Real Estate Terms

Are you looking to buy or sell property in the Indianapolis Real Estate Market? A understanding of the real estate process is may assist you in buying or selling. To feel more comfortable with the real estate process I am sharing real estate terms and definition to assist you in the process of buyer or selling your next home.

As a aid to buyers and sellers I provide daily real estate terms for buyers and sellers of Indianapolis Real Estate. The terms are listed daily for your benefit.

Condominium – Individual units in a building or development in which owners hold title to the interior space while common areas such as parking lots, community rooms and recreational areas are owned by all the residents.

and

Release clause – A provision found in many blanket mortgages enabling the mortgagor to obtain partial releases of specific parcels from the mortgage upon the payment of, typically, a larger-than-pro-rata portion of the loan.
Serving the communities of
Hancock County, Townships of, Blue River Township, Brandywine Township, Brown Township, Buck Creek Township, Center Township, Green Township, Jackson Township, Sugar Creek Township, Vernon Township

A complete list of terms may be found at Indianapolis Real Estate Glossary Terms. The Glossary will aid you in the process of buying or selling your next home in Indianapolis.
Serving the cities of
Anderson, Avon, Brownsburg, Carmel, Danville, Fishers, Franklin, Geist

Contact Chris today to receive emails of foreclosures or short sales available in Indianapolis

Chris Frantz
EDU Real Estate Group
7117 US 31 south Indianapolis, IN 46227
Indianapolis Real Estate

Serving the Communities of Perry Township Real Estate
Serving the Communities of Johnson County Real Estate

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