Indiana Housing & Community Development Authority (IHCDA) lowered their rate today to 5.625%.
When the buyer completes their home buying class (mandatory), they can receive a rate of 5.50%. If you read my post a few weeks ago about the advantage of using the $8000.00 tax credit along with the Indiana Housing first time home buyer program, there has never been a better time to buy a home in Indianapolis.
If you have questions or would like to explore your home buying options, call us at 317.605.4174 or send me an email.
This beautiful home is located near Saddlebrook Golf Course in a secluded neighborhood of unique architectually designed homes.
Buying a home is a process which requires due diligence from the home buyer. There are definitly enough websites out there to make even the most knowledgeable buyer feel overwhelmed. I've located some very beneficial websites which I believe are important to homebuyers and answer some of the most common and important questions home buyers ask.
This one is from the IndyGov website. The site is fairly easy to navigate and provides a vast amount of knowledge for a particular area and address. The site provides information on the following:
- Flood Zones
Search the Website for Indianapolis Property Information...
Could swapping homes be the next wave of creative selling techniques? I’m not convinced, but if you’re lucky enough to be one of the few who is able to make it work for you; I say “go for it”.
It’s not a swap as in let’s swap – I’ll pay yours and you pay mine. Each home owner qualifies for a new loan on the others home. You would have to settle the equity difference, since it’s highly unlikely the equity would be equal in each home.
I read about this in a local Indiana newspaper online and while I believe it is a true story, with seller’s named Peek and Bou; I’m cautiously recommending the article for those who may benefit from the happenstance of finding a home to swap. Check out the article here – Swap Your Home