Currently viewing the tag: "First time homebuyer"

First in, first out – FIFO

On September 23, 2008 By

First in, first out, or FIFO, is a method for determining the costs of sold inventory. Under FIFO, the first items purchased are the first items sold. In other words, the costs associated with the oldest inventory will always be moved to cost of goods sold first as sales are made. In periods where [...]

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IHDA-Illinois Housing Development Authority

On January 24, 2008 By

Illinois Housing Development Authority

This is a 30 Year Fixed Rate program designed to be delivered to Illinois residents at below-market rates. As with all tax-incented programs, there are income and purchase price restrictions.

Benefits of the program:
• Below Market Financing
• Minimal Down Payment Requirements
• Flexible underwriting [...]

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