Neil Coleman Mortgage Matters

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Mortgage and Lending - First Midwest Bank - a division of Old National Bank - Conventional / VA / Jumbo / FHA/ USDA - 143306

ARCHIVED BLOG POSTS

2014 

With the recent frigid temps in the Midwest, it seems that all I’m writing about recently is how to take care of your water pipes.  My recent blog focused on how to avoid freezing (and then bursting) pipes. Everyone wants their pipes to last as long as possible, but there are a couple of simple p...
01/31/2014
        An Appraiser Can Estimate A Home’s Monetary Value, But To Gain A True Concept Of Your Home’s Worth, You Must Also Take Into Consideration: Pride Of Ownership. You don’t buy a pair of Prada shoes because you’re going to be able to resell them and make a profit. You buy them because they ma...
01/30/2014
The National Association of Realtors provided great year-end news as existing home sales in December pushed 2013 sales of existing homes to a 7 year high.   NAR reported that existing home sales for 2013 reached 5.09 million, which represented a 9.10 percent increase over 2012.   More Good News: ...
01/28/2014
  During these incredibly frigid days & nights, you need to take a little extra precaution to insure that your water pipes do not freeze.  Frozen pipes can burst, which can be cause flooding.  This can be extremely expensive to fix, not to mention very messy.   Here’s some easy, anyone can do the...
01/27/2014
    The kitchen is one of the most important rooms of your home. It is where you prepare all of your meals and it is often a hub of family activity. When you host a party, the action often ends up in the kitchen. Where drinks and snacks are enjoyed into the early hours of the morning. It’s crucia...
01/23/2014
Winter is a great time to look around your home and identify "weak spots".  Areas of your home...things about your home that might invite or provide easy access to a burglar: patio sliding door basement door broken doorbell (thieves sometimes ring doorbells to see if someone's home...if you can't...
01/21/2014
Fannie Mae and Freddie Mac have been in the news quite a bit over the past few years, so it’s a good time to do a refresher on who they are and what role they play in the real estate market.   Who Are Fannie Mae And Freddie Mac? Fannie Mae is the Federal National Mortgage Association. Freddie Mac...
01/21/2014
Welcome news arrived last week as lower mortgage rates and a higher number of housing starts were reported. Mortgage Rates Dip, Housing Starts Up According to Freddie Mac, average mortgage rates fell last week. The rate for a 30-year fixed rate mortgage dropped from 4.51 to 4.41 percent with disc...
01/20/2014
Illinois Property Owners in any county: Have you received your homeowner's exemption for your real estate taxes? If not, you are paying too much. If you, or someone you know, purchased a home (condo, town-home, single family home, or multi-unit) in ANY COUNTY in Illinois in the last 2 years, plea...
01/20/2014
When the winter chill comes around, the heating bill at your property will naturally increase as you keep yourself warm and cozy. However, if your home is not being heated efficiently, you are essentially letting your hard earned dollars escape into the air as wasted energy. What are some simple ...
01/16/2014
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Neil J Coleman

"Best Loan Officer" Illinois Mortgage Banker Assoc
local_phone(708) 975-8884
smartphone(708) 975-8884
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