South Bend – Michiana Real Estate Blog

If you have FHA buyers looking to purchase — get them written & assigned an FHA case number PRIOR to 9-07-2010. The FHA Commish announced changes in MIP effective 9-7-2010. Up front fee lowered to 1% from 2.25% and annual prem raised to .90% from .55%. Even tho the up-front was decreased the annual premium increase will result in HIGHER monthly payments!

In 2010, technology is key in getting a SOLD sign in the front yard. Exposure is also a key component..and not only exposure to potential buyers…but also other realtors that already have buyers ready and pre-approved to purchase your home.

Now is the time to get a great deal in Real Estate. It is a buyers market and the inventory has almost everything you are looking for. Do not be deceived into thinking that all the great mortgage programs are gone. Contact your real estate professional today and they will put you in touch with a mortgage professional that will fill you in on all the great programs out there.

Thank you for stopping by the new South Bend – Michiana Blog by the Tiffany Group.  We are entering a new and exciting period for real estate in the Michiana area.  It appears that while the economy is still sluggish, market indicators appear to be a showing an upward tick in major growth areas.

This may be the one of the best times ever to purchase a home with mortgage rates at an all time low.  Factor in a large selection of homes across the Michiana region at below market value pricing and you have a once in life-time opportunity to settle your family into the home of your dreams.

Please check back often as we will be posting the latest real estate listings, plus home buyer and seller tips.

www.johntiffany.com