All Posts Tagged With: "refund"
How The FHA Is Sinking Mortgage Borrowers
Millions of people have financed and refinanced with FHA mortgages, but what used to be a financial safe-haven is increasingly not-so-attractive. Higher costs and gotcha clauses are making the FHA less unique and more expensive every day. Don’t believe it? Let’s look at some facts: Lender Fees With most forms of mortgage financing lenders have [...]
23Jun2011 | Peter G. Miller | 0 comments | Continued
Should FHA Billions Be Refunded?
Here’s a problem we’d all like to have: FHA has more than $16 billion in surplus funds, including an excess $5 billion collected in just the past year from FHA borrowers. This would be great news if FHA were a private company, but it isn’t and so we need to figure out who should get [...]
6Sep2008 | Peter G. Miller | 0 comments | Continued
How Can I Get A Free Refund On My FHA Mortgage Insurance?
For many years the huge FHA mortgage program paid insurance refunds to borrowers. While the refund program stopped in late 2004, there are still millions of older FHA loans out there where borrowers may be able to get back some of their insurance money. Here’s how the refund process works. Rather than lending money, the [...]
28Aug2008 | Peter G. Miller | 0 comments | Continued
Tax Returns, Real Estate, Refunds and Rip-Offs
A big part of every real estate transaction involves taxes: You pay transfer taxes when you buy, property taxes when you own and more transfer taxes when you sell. There are also taxes on income earned from investment real estate and even capital gains taxes, though infrequently for the sale of residential property. Not surprisingly, [...]
20Aug2008 | Peter G. Miller | 0 comments | Continued
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