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Home Buying in New Castle : Real Estate Advice

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  • Home Buying3
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Activity 5
Sun Apr 2, 2017
Danny Mcwhorter asked:
Danny McWhorter
5290 E County Road 200 south
New Castle,Ind 47362
0 votes 0 Answers Share Flag
Sun May 10, 2015
Denny Marie Contos Crow answered:
We bought our New Castle home on a land contract. And the house next door to us was sold on a land contract just last week.
0 votes 2 answers Share Flag
Tue Sep 4, 2012
Matt Huffman answered:
If a property is owned by an individual and they live there, the state offers a homestead exception. If it is their primary property and they have a mortgage they also maybe eligible for a mortgage exception.
Should they pay the house off, the mortgage exception will drop off. If the property is owned by a bank , they do not qualify for those exemptions so it would show no exemption. If the property is not a person's primary home, such as an investment property or vacation home, Normally there are no exceptions available and they are taxed at a higher rate. Please call me if you have further questions.
Matt Huffman 765-524-4985 or MattH@crossroadsre.com
... more
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Thu Sep 16, 2010
Susan Falck-Neal answered:
It is no longer easy to obtain a permit for a mobile home in Henry County. My suggestion is to look into the requirments to see if the buyer is willing to go to the trouble to obtain at best a tempory permit. A better solution would be to look at real estate with in-law quarters or two units. ... more
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