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indiana business: A must watch - 03/09/09 10:16 AM
I want to thank Chris Hedges for bringing this to my attention. This is a great video that we all need watch. It really explains the Credit Issue in a fashion that we all can understand. I would suggest that we all take a moment and watch it. I posted this on my facebook and have already recieved several great comments.
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo.
Please let me know what you think? I still think we will climb out of this and get back to a point of prosperity very soon. We just need to … (2 comments)
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indiana business: The Indiana First Time HomeBuyer Tax Credit Form - 03/04/09 01:24 PM
First Time Indiana Home Buyers, As part of the American Recovery and Reinvestment Act of 2009, the IRS has officially released Form 5405 — better known as the…First-Time Homebuyer Credit Form.
True to tax code standards, the 10-field form is accompanied by 3 pages of instructions, but don’t worry it is not that bad. However, I am not a tax professional, nor do I play one on TV. If you would like a referral for one in your area please let me know.
The IRS form 5405 is a helpful, go-to resource for home buyers with questions about the tax credit … (0 comments)
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indiana business: LaPorte and Surrounding counties FHA Loan Limits - 02/27/09 09:57 AM
As a part of the Stimulus Package,some counties in our area have increased, but the Indiana FHA loan limits for LaPorte, Starke, St. Joseph and Elkhart Counties will remain at the 2008 levels.
One-Unit - $271,050
Two-Unit - $347,000
Three- Unit - $419,425
Four Unit - $521,250
There really never has been a better time than now to buy, build or refi. If you or anyone you know are looking for a true mortgage professional to review the opportunities that are out there please give me a call at (219)872-8000. Or you can apply online at the Mad Mortgage … (0 comments)
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indiana business: Porter and Lake County 2009 FHA Loan Limits - 02/26/09 04:51 PM
As a part of the Simulus Package, the loan limits for Porter and Lake Counties have increased back to the 2008 levels.
One-Unit - $410,000
Two-Unit - $542,850
Three- Unit - $634,450
Four Unit - $$788, 450
There really never has been a better time than now to buy, build or refi. If you or anyone you know are looking for a true mortgage professional to review the opportunities that are out there please give me a call at (219)872-8000. Or you can apply online at the Mad Mortgage Machine blog, the Indiana FHA Expert. You can download my 14 … (0 comments)
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indiana business: Best time in Indiana to Refi - 02/24/09 04:46 PM
If you are in Indiana and have any equity in your home it is the perfect time to refi. Rates are still historically low, and soon there will be some changes from Fannie and Freddie that will make refi’in a tad harder. I have a great example of why it is more than perfect time to refit.
I just closed a home refi with a husband and wife, they were fantastic and ecstatic. They loved me as well. I was able to take them from a 7.5% FHA rate to 5.5 conventional loan. What makes me angry is that when they … (0 comments)
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indiana business: A great way to buy your first Indiana home - 01/27/09 01:15 PM
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.
Her monthly was payment was $499 and that does not include taxes or insurance, but the renters paid nearly 75% of her monthly payment. Now, are you tired of renting? Would you like your monthly living expense to go down?
Really, with the higher loan amounts for NW Indiana. You could buy yourself a heck of … (2 comments)
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indiana business: Hey, Ben Shut Up - 01/14/09 12:39 PM
On Monday, I said...
I had no idea that he would affect the oil markets. I know gas pricing is affected by what is going on with Israel and Gaza and we all know that if Canada launched missles at the US. We would tear thema new one. Why can’t Israel do it.But, I digress, as Big Ben spoke, he noted that the simulus package would be a huge help in getting the US out of recession just a bit quicker than originally thought. The oil speculators took that as a sign to bang away oil futures. And, OPEC who … (4 comments)
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Dave Woodson
Chesterton,
IN
More about me…
Dave Woodson
Address: 212 E. Lincolnway, Valparaiso, IN, 46383
Office Phone: (219) 872-8000 x 219
Cell Phone: (219) 608-9790
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