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Networked Blogs
Feb
12
Steve Dalton is covering the legislature from Indianapolis as they decide what to do with Indiana’s system of township governance.
Should we get rid of all those township trustees and consolidate government functions to reflect changes in transportation, communications and to just generally update the system for the 2000s from one that was set up during the days when people needed a government office that was a horse ride away from their farm?
Or, does the township system still provide basic services for constituents that are still needed today?
Personally, I think township government is a relic that can be safely abolished with its powers transferred to county government, thus reducing the number of government units and allowing for cost savings.
Let the debate begin!
Jan
21
Will HB 1211 Stop Foreclosures?
Filed Under economy, foreclosures, Indiana legislation | 2 Comments
Indiana House Bill 1211 has been introduced with the goal of reducing foreclosures.
Various home loan matters. Requires the department of local government finance to revise the sales disclosure form for real estate conveyances to include the application forms for the homestead credit and the mortgage property tax exemption. Requires a closing agent to: (1) provide to a customer, at least 48 hours before the closing of a home loan transaction, a form prescribed by the department of local government finance that describes certain property tax deductions and credits; (2) require the customer, at the time of the closing, to complete and sign either a sales disclosure form, in the case of a first lien purchase money mortgage transaction, or the application form for the mortgage property tax exemption, in the case of a refinancing; and (3) collect and file the completed and signed form with the appropriate county official. Provides that at the time of the closing, the closing agent must: (1) inform the customer of certain other property tax deductions for which the customer may be eligible; (2) offer to provide the customer with the forms necessary for the person to claim the deductions; and (3) provide to the customer any forms requested by the customer. …
HoosierAccess is rooting for the bill’s passage this short session.
Admittedly, I’m rooting for Jeb Bardon’s (D – Indianapolis) and Mike Murphy’s (R – Indianapolis) HB 1211 to make to the Governor’s desk and here’s why. For the last three years I have served on the Board of my Home Owners Association, with one year as President. As a newer neighborhood (finished just two years ago) we’ve had our fair share of home foreclosures over time because people got caught in the middle of mortgages that they could never afford. In my opinion it was the fault of those who signed, but it was also the mortgage lenders fault as well. These mortgage offers were ridiculous and targeted the unsuspecting.
