Price Reduced on 1409 S 22nd Street in Columbian Park Area Columbian Park Area- Lafayette, Indiana  -  Announcing a price reduction on 1409 S 22nd Street, a 1,309 sq. ft., 2 bath, 4 bdrm 1 1/2 story "Great Bungalow Style Home". Now MLS® #9928284   $113,900 - 4 Bedrooms & 1.5 Baths, Basement, Fenced Yard, Deck, Hardwood Floors, and More! MOTIVATED SELLERS!  Property informationCall Erika today for your personal tour of this property!  (765)404-5855 08/02/2007

Price Reduced on 325 Park Avenue in Columbian Park Area Columbian Park Area, Lafayette  -  Announcing a price reduction on 325 Park Avenue, a 1,754 sq. ft., 2 bath, 3 bdrm 1 1/2 story. Now MLS® #9928178   $135,000 - Full Finished Basement. Property informationLafayette, IN Real EstateYour Real Estate Specialists Group - http://www.yourrealestatespecialists.com/Keller Williams Lafayette, Indiana  08/02/2007

Bungalow for Sale in Lafayette, Indiana - $49,900 Over 1900 Square Feet & Basement • 1,950 sq. ft., 2 bath, 3 bdrm 1 1/2 story "Beautiful Bungalow" - MLS® #9925801   $49,900 - Charming Bungalow Lafayette., Lafayette  -  Charming Bungalow with so much to offer! Over 1,900 square feet plus a full basement & 2 car garage. Offers 3 bedrooms & 2 full baths. Beautiful Natural Woodwork, Built-In Cabinets, and Brick Fireplace. The Kitchen & Baths have recently been Updated. Newer vinyl siding & deck off the kitchen. Amazing Home, only $49,900!Contact Becky today to see this property (765)426-2083, TopAgentKW@aol.com Property information Lafayette, IN Real EstateYour Real Estate Specialists Group - http://www.yourrealestatespecialists.com/Keller Williams Lafayette, Indiana  08/02/2007

Keep in mind the actual lender will pull their own credit report at closing, and if your credit scores have dropped, you may no longer qualify for the rate that was underwritten and the final approval may come back with a higher rate. Unfortunately, all lenders qualify you by your credit score as to which criteria you fit and every loan has different criteria attached. The loan to value, the debt to ratio and so on etc. This is what borrowers do not understand, and they think the loan officer is baiting and switching. They are not. If an issue comes up that the lender decides you do not qualify for a certain loan, the only thing a loan officer can do is shop for lenders and see if any are willing to give the rate and program they thought you qualified for. If you have good credit and kn... 07/31/2007

Seek a Qualified Mortgage Consultant to Ensure the Best ResultLAFAYETTE, IN - Until recently, seniors 62 years of age and older have not had the best choices when it came to getting cash from their homes. Traditional home loans only offered the option of either selling one's house or borrowing against its equity. With reverse mortgages coming on the scene, seniors now have some additional cash-flow alternatives. This type of loan allows mature borrowers to convert their home equity into tax-free income without leaving their current home or making mortgage payments - and they do not need an existing income to qualify.  How a Reverse Mortgage WorksReverse mortgages are probably best understood when compared side-by-side with traditional home mortgages, otherwise known as "forward" mortgag... 07/23/2007

A Qualified Mortgage Consultant Can Help Boost Credit Scores LAFAYETTE, IN - Consumers interested in purchasing or refinancing a home will pay an interest rate based on current market conditions and their ability to pay back the loan. The borrower's income and debt ratios are taken into consideration by the lender, as well as the predictability factor provided by credit scoring. It's important to have a mortgage professional in your corner that has a keen eye for solutions to improving credit scores in an effort to get the best interest rate possible. Interest rates associated with various loan programs are broken down into schedules based on credit score ratings. While each lender has its own guidelines, it's safe to assume that as the consumer's credit score goes down, interest rates ... 07/23/2007

Refinance Your Mortgage for Rate and Payment Reductions Refinance CalculatorHelps you determine if you will benefit by refinancing. Debt Consolidation CalculatorShows you how a refinance can reduce your monthly payments. LAFAYETTE, IN - One of the biggest reasons homeowners refinance their mortgage is to obtain a lower interest rate and lower monthly payments. By refinancing, the borrower pays off their existing mortgage and replaces it with a new one. This can often be accomplished with a no-points no-fees loan program, which essentially means at "no cost" to the borrower.In the no-points no-fees scenario, the mortgage consultant uses rebate monies paid by the lender to pay off non-recurring closing costs for the borrower. These are "one time" fees such as escrow or attorney fees, tit... 07/23/2007

Many individuals today have blemishes on their credit reports.  Whether it be form a dreaded case of identity theft or not being punctual about paying bills on time, these credit mishaps can cost an individual thousands in interest if not corrected.What makes up a credit score? A credit score is made up of five components. Payment history (35%), balances carried (30%), credit history (15%), mix of accounts (10%), and inquiries (10%).Payment history is based on paying bills as agreed and on time.  The majority of the payment history is based on the most recent six months and the highest weight is on the highest pay history.  For example, a mortgage loan would be rated first and then the next biggest payment, whether it is an auto loan or credit card with a high payment, would rate next.B... 07/23/2007

LAFAYETTE, IN - There is a great debate within the inner-mortgage circles these days. Should we, as loan professionals, encourage clients to borrow as much money as possible? Or would consumers benefit more if we helped them to understand the advantages of 15-year amortization schedules and pre-paying principal? Let's examine the pros and cons of both strategies.Leveraging Your Property. In order to understand why you'd want to borrow as much as possible for your home purchase, you must first grasp the concept that equity has a zero rate of return. Here's an example: If Consumer "A" buys a home for $300,000, and puts 20% down, then they have $60,000 in equity. Over the next 5 years, the property appreciates $100,000 in value. Consumer "A" now has $160,000 in equity. Consumer "B" buys a ... 07/19/2007

Seek a Qualified Mortgage Consultant to Ensure the Best ResultsLAFAYETTE, IN - Credit remediation is a subject consumers often face with fear and trepidation, and for good reason. With the exception of recognizing that the best score wins, the average home shopper knows very little about the whole credit scoring process. Sub-prime borrowers who are eager to move into A-Paper territory often find themselves at a loss when trying to find ways to upgrade their credit history. The good news is there are ways to improve less-than-perfect credit scores and obtain a loan for the home you really want.The first step in the process is making sure that you have a current copy of your credit report. Congress recently amended the Fair Credit Reporting Act so that consumers may now receive one free c... 07/19/2007

A Qualified Mortgage Consultant Can Outline Your OptionsLAFAYETTE, IN - Buying a home vs. renting is a big decision that takes careful consideration, as most mortgage consultants will agree. But the rewards of home ownership are great. For many years, purchasing real estate has been considered an extremely profitable investment. It is an achievement that offers a sense of pride, financial stability and potential tax advantages.Yes, there are certain responsibilities associated with owning a home. Landlords will often argue the benefits of renting, and for obvious reason. If you are renting, you're helping them make their mortgage payment. The numbers are staggering if you look at it this way. If you are paying $1,000 per month for an apartment, and you know your rent will increase 5% ev... 07/19/2007

Seek a Qualified Mortgage Consultant to Ensure the Best ResultsLAFAYETTE, IN - Taking the step into home ownership is one of the most important financial decisions a person will make in their lifetime. There are many factors to consider when embarking on this venture. Literally hundreds of loan programs are available, and it is important to find the one that best fits your personal long-term goals.First and foremost, you must have a mortgage consultant in your corner that is willing to take the time to know what your long-term goals are. Communication is the key factor here. Curious prospective home buyers sometimes turn to Internet-based services just to see what current interest rates are. But a faceless web site will not take the prospect's future financial planning into consideratio... 07/19/2007

Raineybrook, Lafayette  -  Announcing a price reduction on 4663 E Commodores Lane, a 3,930 sq. ft., 5 bath, 4 bdrm 1 1/2 story "2 Story Fireplace & Foyer". Now MLS® #9927987   $395,000 - Full Finished Basement. Property information 07/03/2007

Why should you have a mortgage approval before you have a home?With our pre-approval program, we verify your income, credit and assets to determine the maximum loan amount you can qualify for. We will issue a mortgage approval letter which is subject to an appraisal.You can use this in you negotiations to remove any worries about your ability to obtain financing and therefore have more power to remove any worries about your ability to obtain financing and therefore have more power to negotiate. Don't lose out to another bid because of a mortgage contigency.BEFORE YOU LOOK FOR A HOME, GET YOUR MORTGAGE APPROVED FIRST!CALL US TODAY!David MennenMortgage Loan Consultant/OwnerTippecanoe Mortgage, Inc.Direct: 765-448-1808dmennen@tippecanoemortgage.comhttp://www.davidmennen.com/ Local Mortgage... 07/02/2007

Raineybrook, Lafayette Indiana -  Announcing a price reduction on 4663 E Commodores Lane, a 3,930 sq. ft., 5 bath, 4 bdrm 1 1/2 story "2 Story Fireplace & Foyer". Now MLS® #9927987   $405,000 - Full Finished Basement complete with a Bar, Fireplace, and Theater Room.Property informationLafayette, IN Real EstateYour Real Estate Specialists Group - http://www.yourrealestatespecialists.com/Keller Williams Lafayette, Indiana  06/25/2007

  http://www.yourrealestatespecialists.com/• 1,609 sq. ft., 2 bath, 3 bdrm ranch - MLS® #9928657   $145,000 - Sprawling Ranch Brookfield Farm, Lafayette  -  Sellers are Relocating! Beautiful Ranch Home in Quiet Cul-de-Sac Corner Lot on East Side of Lafayette. Close to Shopping, Dining, Schools, and the two new hospitals. Offered by Annette Crespo with Keller Williams Realty of Lafayette.Enjoy the Lovely Fenced Yard with Extensive Landscaping & Great Patio for Entertaining Guests. You'll be Surprised by the Lovely Hardwood Floors, Vaulted Ceilings, Plant Ledges, and Great Master Suite. Spacious Walk-in Closets, Garden Tub, and Ceramic Shower. Giant Kitchen, with Breakfast Nook and Dining Room with Views of the Private Yard.Call Annette today for your personal tour of this home (765)413-5... 06/25/2007

Caution:  Those credit card offers just keep coming.  Seems there's hardly a day goes by that your mailbox is not stuffed with some new bank offering some new credit card.  But there's a danger lurking for you also, one you may already be painfully aware of.  Over use of credit cards is crippling the spending power of millions of Americans.  The following is the truth about what really goes on behind the scenes at your credit card company.Dirty Little Secret #1: Debt Addiction Consumer debt is way out of control, but the dope (I mean "debt") pushers just keep on pushing.  The average consumer has 7 credit cards with an average balance per card of $2500.  (That's $17,500 in debt in case you haven't done the math!)  60 million Americans charge an average of $6,000 on credit cards every ye... 06/22/2007

You or someone that you know may have children and be interested in the effect that moving has on them.  An article in the Journal of the American Medical Association reported that children whose families move frequently are more likely to experience behavioral problems.There is no denying that moving up is a positive experience for most adults, but children see it differently.  A family move disrupts the routine relationships and attachments that define a child's world.  Almost everything familiar outside the family is lost.  Parents can avoid a lot of stress --- for themselves and their children --- by following some simple guidelines:Let youngsters know as early as possible.  How soon?  That depends on the child.  For some, it may be best to wait until the move is a sure thing.  Some... 06/22/2007

Here are some questions to ask when shopping around for a Home Inspector:Who is going to do the job? What are the inspectors qualifications and experience.  Only individuals, not companies, can be members of the home inspectors associations.Will the firm hire independent contractors to do the actual work?An independent contractor may not be around to return phone calls.  Use a sole practitioner.What is the cost and what does it include? Standard home inspectors cast $200 to $250 and take about two hours.  Make sure you are clear on what will be included in the inspector's report and when to expect it. What will the inspection cover? It is important that all parties share the same expectations about the inspection and what it can and cannot discover about the home.Realize the limitations... 06/21/2007

The most important piece of advice is --- hire a contractor carefully.  One way to find a good contractor is to see completed projects that you like and ask the homeowner who did them.  You can also ask friends for recommendations.  Building supply yards and the local building inspector's office are also good sources.  Once you narrow the field to a handful of contractors, get these questions answered:Is the contractor properly licensed? Does he have a street address? If he uses only a P.O. Box, BEWARE! It will be virtually impossible to find him later.How long has he been in business? Statistics show the majority of new contractors only last three years.  Does the Better Business Bureau have any complaints on file?Will he provide names and phone numbers of satisfied clients? Be sure to... 06/21/2007