We announced the change to the FHA policy on Friday. Here, we found a video that makes it easier to understand that we thought we should share. As the video states, if you are considering a home purchase in the near future, you should also consider that the same home could cost you more if you wait until after September 7. Also remember that paperwork and filing takes time. If you want to be sure you get an FHA case number before this policy shift, then you should contact us immediately to get you on the right track to having your purchase completed before it’s too late. Email us at firstname.lastname@example.org to find out what you need to do to complete your purchase before the mortgage insurance increases.
Click to see the video —> New Homebuyer Tax Starts September 2010.