Indianapolis Real Estate Blog

September 30, 2009

Indianapolis Real Estate $8000 tax credit

Filed under: Indianapolis Real Estate Terms — soldbychris @ 9:40 am

2009-09-30

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.

61

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

Filed under: Indianapolis Real Estate Terms — soldbychris @ 7:25 am

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.

This blog contains daily post of real estate terms to assist you in buying or selling Hernando County Real Estate. Remember this page or create a shortcut to check for new terms posted each day.

Non-recurring closing costs – Costs that are one time only fees for such items as an appraisal, loan points, credit report, title insurance and a home inspection.

and

Contractual lien – A voluntary obligation such as a mortgage or trust deed.
Serving the communities of
Morgan County, Townships of, Adams Township, Ashland Township, Baker Township, Brown Township, Clay Township, Green Township, Gregg Township, Harrison Township, Jackson Township, Jefferson Township, Madison Township, Monroe Township, Ray Township, Washington Township

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

Chris Frantz is a licensed REALTOR with EDU Real Estate Group in Indianapolis, Indiana. Working with buyers and sellers of new home construction and resale properties.

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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