The 2009 summer property tax bills will be arriving in the mailbox (or, to
your mortgage lenders mailbox.)
If you are considering purchasing a home please keep in mind that many homes have had property tax reductions due to lower property values, but many have also had their homestead exemptions stripped. (Foreclosures,
abandoned homes, etc.)
It is extremely important [...]
Entries from May 2009
It’s almost June 1st and you know what that means…
May 19th, 2009 · 2 Comments · tips for home buyers, tips for purchasing a foreclosure
Tags:Add new tag·Non homestead taxes and foreclosures in Macomb County MI·Property taxes and home buyers in Macomb County MI
Waiting for clarification from FHA and HUD- The 1st time home buyers tax credit & down payment money
May 15th, 2009 · 1 Comment · Tax credit for first time home buyers in Macomb County MI, Up to $8000 1st time home buyers tax credit, fha mortgages and first time home buyers
Goodness, what a whirlwind this week has been with information and mis-information alike.
Some of you may have read elsewhere that the first time home buyers tax credit from the Federal government is now being allowed to be given upfront so that a home buyer could use it for the down payment on their home: Not [...]
Tags:$8000 tax credit·fha mortgage in macomb county mi·first time home buyers
Answering a couple of reader questions about the 1st time home buyers tax credit
May 11th, 2009 · 1 Comment · Tax credit for first time home buyers in Macomb County MI, Up to $8000 1st time home buyers tax credit, tips for home buyers
This past week I received 3 email inquiries about the (up to) $8000 first time home buyers tax credit and even though I responded to the people who asked the questions via email, I realized that the questions they asked are ones that I’m sure many others have questions about.
If I buy a HUD home [...]
Tags:$8000 tax credit·first time home buyers·HUD
Another change to the home purchase process
May 10th, 2009 · No Comments · Appraisals in Macomb County MI, macomb county MI
One of the new changes to the process that occurs during home buying has been implemented: HVCC - the Home Valuation Code of Conduct - went into effect on May 1st of this year.
If a home buyer is using a conventional mortgage (not FHA or VA) the appraisal that is ordered will now be subjected [...]
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