Indianapolis Real Estate Blog

October 12, 2009

Indianapolis Real Estate $8000 tax credit

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

2009-10-12

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.

49

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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Combine with our buyer rebate program and save even more money Indianapolis Real Estate

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.

Daily posts are made to this Indianapolis Real Estate market blog to keep you informed. Make sure to bookmark this page to keep track of the daily post or market news.

Residual process – An appraisal process used in the income approach to estimate the value of the land and/or the building, as indicated by the capitalization of the residual net income attributable to it.

and

Fiduciary – A relationship, which implies a position of trust or confidence wherein one, is usually entrusted to hold or manage property or money for another. Among the obligations a fiduciary owes to the principal are duties of loyalty; obedience; full disclosure; the duty to use skill, care and diligence; and the duty to account for all monies.
Serving the communities of
Marion County, Townships of, Center Township, Decatur Township, Franklin Township, Lawrence Township, Perry Township, Pike Township, Warren Township, Washington Township, Wayne 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.
Serving the cities of
Anderson, Avon, Brownsburg, Carmel, Danville, Fishers, Franklin, Geist

As a licensed REALTORwith EDU Real Estate Group in Indianapolis, Indiana. Sign up to receive homes as they are just listed.

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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