Mike Tarleton's (mtarleton) Blog

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Mortgage and Lending - Primary Residential Mortgage
RECENT BLOG POSTS
Federal Housing Tax Credit:  Special Rules for Qualified Service MembersCall Mike Tarleton at Primary Residential Mortgage with any questions or for a free pre-qualification.  (706) 888-0980.  Exemption From Tax Credit Recapture Rules  · Typically, homes that are sold or that cease to be used as ...
10/11/2010
Heard on CNBC Power Lunch today:  Congress is not currently looking at extending the Tax Credit. Even though there has been talk in the media of doing so, it will not likely happen.   The arguments for extending are obvious, but here are some of the reason why it would not be a good idea to exte...
08/31/2010
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Various reports indicate the USDA Rural Housing 502 Loan Program is back again now that Congress and the President signed a bill re-pooling funds for the 2010 year.  However, several investors to include Bank of America, Wells Fargo and BB&T have elected not to participate in this program, seemin...
08/17/2010
The first wave of 200 out of approximately 3,000 soldiers arrived early this morning.  We welcome you back and thank you for your service!!!      www.gamedayforheroes.com  
08/15/2010
Moving to Ft. Benning?  Check out this great resource on Facebook.     http://www.facebook.com/#!/pages/Columbus-GA/Ft-Knox-to-Ft-Benning-Useful-Information-for-Ft-Benning-Newcomers/114335591933102?ref=sgm&__a=17&ajaxpipe=1   Several Local Businesses are posting information about Benning, Phenix ...
08/13/2010
Check out this great video, Flags of Our Fathers, but Columbus Georgia's own Keni Thomas:   http://www.youtube.com/watch?v=eGiZP-4eHc4    
05/31/2010
The two main differences in price are due to property tax differences and the builders. Muscogee County GA taxes are the highest in our area. $200,000 in house = around $250 in monthly taxes. Your taxes on that same home in Alabama might be $100 to $125 per month. In Harris County, GA and Chattah...
05/16/2010
The following is from an email from GA USDA: "Funding GA is on a 5 to 7 business day turn time for issuing Conditional Commitments. Files received after April 30th will run the risk of not receiving a Conditional Commitment with the 2% Guarantee Fee. Files that do not receive a Conditional Commit...
04/28/2010
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Only 12 days left to put a house under contract and be eligible for the $8,000 tax credit. This will likely not happen again and higher taxes are certainly on the way in a couple years. The mortgage interest deduction is one of the few good tax breaks still out there - another reason to buy now!!
04/18/2010
So far today, rates have been relatively stable with the 10-year T-Bill currently around a 3.83% yield, the same approximate level it has been all week.  This is good news for home buyers.  Last week, the pasage of the Obama Healthcare Reform Plan did not provide such good news at we watched rate...
04/01/2010
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