www.8352berrybushlane.com

Looking for a home you can just move into?  Look no further than this spac 3BR/2.5BA end unit, shows like a model!  This home has it all, like new, w/all applcs included! Open flr plan feat GR w/cozy frplc & 9 ft ceilings, cute kit, DR & sun drenched sunrm! Upper lvl has a lrg mstr ste w/lux bth that rivals those of higher priced units w/its whrlpl tub, sep shwr, dbl sinks & WIC.  2 addt’l spac BR’s, hall bth & lndry complete upper level. Attached 2 car garage too!  Convenient location also.

www.7257murphydrive.com

Hard to find 5 bedroom 2 bath hm in Lawrence township under $200,000.00. Updtd kitchen with new cabinets, stainless steel appliances & granite tops.  The open flr plan features a LR, DR & spac FR that leads to the deck, patio w/hot tub and fenced yard with your own b-ball court.  Master suite w/updated full bth, 2 addt’l BR’s & another updated bth on the main.  2 addt’l BR’s upstairs.  Conveniently located w/easy access to schools, library & interstates.  Come & see it, you’ll want to stay!

www.11010harborbaydrive.com

Why build when you could own this meticulous Geist home on a priv lot in Canal Place. This 4BR/3.5BA home will exceed your expectations w/its open flr pln feat spac GR w/gas frplc framed by cust blt-in’s, gour kit w/stnlss applcs, granite & cust details galore, lux mstr ste w/scrnd prch, wlk-in shwr & whrlpl tub, den & a 2^ndBR.  Lots of entrtning space in the lwr lvl rec rm, FR w/wet bar,access to the priv hot tub, 2 addt’l BR’s & full bth.  Nbhd park & B-ball court. Deeded boat dock too!

www.9647hamptoncirclesouth.com

Located on a private lot in sought after Hampton’ s At Geist, this 4BR/2.5BA home is ready for a new owner! Open flr plan features a formal DR, LR ,light/bright kit/brkfst area & a FR w/cozy gasfrplc.  Spac mstr suite w/vaulted ceiling, whrpl tub/sep shwr & his /hers closets and 3 addt’l BR’s highlight the upper lvl.  Fnshd  rec room/playrm in bsmt.  If storage is a concern, no need to worry, there is a walk-in attic, oversized garage & bsmt storage too! This may be the one for you!

www.9695hamptoncirclenorth.com

Located in The Hampton’s at Geist, this updated 4BR/2.5BA home has much to offer. Open floor plan features 2-Story Entry that leads to spacious LR, DR w/ tray ceiling, Kit w/ new SS appls & Brkfst area overlooking FR w/ cozy gas frplc. Large Mstr Ste w/ vltd ceiling, WIC & BA w/ whirlpool tub & sep shwr, 3 addt’l BR’s & BA complete upper level. Fin Bsmt too! Relax on large deck overlooking meticulously maintained lawn or take a walk around this great neighborhood! You’ll want to call it home!

www.5455longviewdrive.com

Looking for a ready to move in home?  Look no further than this meticulously maintained 2BR/2BA hm on a tranquil pond.  As you approach, the inviting covered porch begs you to sit & relax, then when you enter you will feel like you have entered a model hm.  Vaulted GR is open to  DR, kit & scrnd porch w/views of the pond. Mstr BR also has views of the pond, a priv updtd bth & spac WIC. 2^nd BR is nice too.  Updtd kit is perfect w/space for a table!  Come & visit you’ll want to call it home!

www.11617oldoaklandblvdndrive.com

Welcome home to this 3BR/2BA ranch home that has much to offer. As you enter the home, you’ll be welcomed in by the open floor plan featuring a large den, vaulted GR with stone woodburning frplc, DR, kitchen & the relaxing deck overlooking the spacious rear yard. The master ste w/vaulted ceiling & private bath are close to the 2 addt’l BR’s , bath & laundry. Conveniently located in the Geist area w/ez access to shopping, interstates & recreation. Come take a look, you will want to stay!

www.3068templeavenue.com

An unbelievable opportunity to own a 4BR/2.5BA home for a great price!  As you enter, you are welcomed by the open floor plan with spacious GR, updated kitchen w/breakfast bar & all appliances, nice dining room, laundry room & ½ bath.  The upper level features a mstr ste w/full bath, 3 addt’l nice sized bedrooms and a full bath.  The large fenced rear yard lends itself to entertaining with the paver patio and a storage barn to store your lawn equipment.  Come and visit, you’ll want to stay!

•  Cash Deposits: Do not make cash deposits into their accounts as these are extremely difficult to source.  If they make cash deposits into their account they will most likely not be allowed to use this money for their transaction and it will prolong the underwriting process.

•  Large Deposits: Please know that most large deposits other than their paycheck will need to be sourced (i.e. explained)  (even transfers from one of your accounts to another account).  Lenders will require copies of the checks that they deposited and a signed letter of explanation stating what the money was from.

•  New Credit:  If they open new credit between the time they apply for a home loan and their day of closing, they need to let their lender know about it right away.  It may affect their pre-approval (i.e., buying the Best Buy electronics might disqualify or make it harder for them when buying their house).  Their best bet is to not open any new credit accounts (or other loans) before they close on their home. So wait to make those large purchases for furniture and items to decorate your home until after your closing.

•  Late Payments:  Don’t have any late payments from the time they apply for the loan until their closing day.  If they make a late payment and its reported by the creditor to the credit bureaus this could affect their pre-approval (i.e they may no longer get their home loan).

•  Gifts:  If they plan to receive a gift from a family member, let their lender know.  They will require you to complete a gift letter (a form that we send to them) and will require additional documentation sourcing the gift funds.

•  Employment:  If they plan to quit their job or change their employment before closing, let the lender know as soon as possible.  Again, this may impact their pre-approval for the loan (and should wait until after their closing if possible.)

•  Business Losses:  Lenders will verify their income with what was reported to the IRS for the past two years.  Let the lender know about any business losses claimed on their tax returns as this may affect their qualification.

•  Bank Statements & Retirement Statements:  Send lenders ALL pages of any statements they’re requesting as part of the loan processing.  For instance, if it says page 1 of 5, they need all 5 pages even if page 5 is blank.

•  Tax Returns:  If lenders ask the client to send them a copy of their tax returns please make sure that they are signed even if they need to sign them and date them with the current date.

• Use of Retirement Accounts:  If they plan to use any money from a retirement account for their down payment they should plan to request the withdrawal of money as soon as they have a ratified contract as it can take time to receive their funds.

Thanks to Mike Wickham of Caliber Funding for this great information.

My husband and I purchased our first home in 1983 when rates were 13.24%.  On a $100,000 mortgage the principal and interest would have been $1,124.99.  At today’s rate of 4.125%, the principal and interest would be $484.65.  That is a difference of $640.34.  Wow, that is amazing.

If this does convince you that now, what will?

Wanting to start your search?  Give me a call at 317-509-4000 or visit my website at www.kimsellsindy.com to begin the process.  I look forward to assisting you in the same manner I have my past clients, feel free to read my recommendations while on my website.

Creating friendships, one home at a time!