It’s happened so many times since the Federal Reserve came into existence and it will happen again.

Then today, the partner at the attorney's office called me saying it still hasn't gone through, which has me stressing out.The closers said they could get by with something called a federal reserve confirmation number, which is apparently issued to a bank whenever they confirm a money transfer from their side. 

I am talking about state taxes, not federal taxes.

You should also look into refinancing out of the FHA loan into a conforming loan after 6 months of ownership.FHA loans have MIP, which is pretty expensive and effectively increases your interest rate.If you can buy wisely and ride the wave of appreciation, you could have 10% equity in the property fairly quickly and save some money with a lower effective interest rate, even though you will have PMI instead of MIP.If you can get to 20% equity, you can get rid of MIP/PMI altogether.Of course, rising interest rates will affect any refinance strategy.Also, if you refinance, already being told by your company in writing you are being transferred, then you may be exposing yourself to potential federal mortgage fraud issues, by knowingly violating the 12-month owner-occupancy requirement of the mortgage.

In a crisis, banks still publish rates and say they offer all sorts of loans and do all the things the federal government wants them to do as a regulated business, but you'll find that actually getting the money out the bank at a low published rate when times are uncertain doesn't always go so smoothly.

.$500k Sale Price - $200K Adjusted Basis = $300k Taxable Long Term Capital Gain x 15% Capital Gain Tax Rate = $45,000 Federal Tax 

What you may NOT find though are local, state or federal tax liens.

@Jayson Robinson Georgia just posted that they have received federal funds for backpaid rents.

You'll lock in a low, longterm rate -- and if you put the money to work quickly, it won't be a problem paying interest from day one.I shopped around for my HELOC and found Third Federal had the best rate at 80% CLTV (that's "combined loan to value").

Now, the fun starts with minimizing the amount of federal and state taxes and increasing cash-flow.