Realty Insights for Home Buying, Home Selling, and Indy Info

Parameters for FHA Eligibility Based on Buyer’s Credit History Foreclosure: Three years need to have passed since foreclosure; the date is established when recorded with the county. Bankruptcy: Chapter 7: Two years since Chapter 7 was discharged. Less than 2 years but not less than 12 months if the bankruptcy was the result of extenuating circumstances. Chapter 13: One year of the payout period under bankruptcy has elapsed and the borrowers payment performance has been satisfactory. Borrower must receive permission from the court to enter into the mortgage transaction. Consumer Credit Counseling: One year of the payout period under counseling has elapsed and the borrowers payment performance has been satisfactory. Borrower must receive permission from the counseling agency to enter into the mortgage transaction. Collections & Judgments: Court ordered judgments must be paid off before loan is eligible for FHS COLLECTIONS— FHA doesn’t require that collection accounts be paid off as ...

When his wealthy grandfather dies, trust fund baby Jason Stevens anticipates a big inheritance. Instead, his grandfather has devised a crash course on life with twelve tasks – or “gifts” – designed to challenge Jason in improbable ways, sending him on a journey of self-discovery and forcing him to determine what is most important in life: money or happiness Have you seen The Ultimate Gift?  It is a wonderful family film with a little humor, romance and a fabulous message.  My husband Paul was a producer for the film and so we are very proud of the film and the accolades it has garnered so far.   I even had the opportunity to appear as a "featured extra" in the film.  Look for me in one of the early scenes when Jason has to fly to Texas.  I am his temporary seatmate in first class! The Ultimate Gift has been nominated as one of MOVIEGUIDE'S Top 10 Films for Family Audiences. The other nominees include Alvin and the Chipmunks, Bella, The Bridge to Terabithia, Enchanted, The...

65 Williamsburg Court in Zionsville has just been reduced $10,000!! The wait is over! This gorgeous Colony Woods home on a private lot with creek is on the market. Up-to-date interior--freshly painted in and out, granite counters, new hardwood floors, Pella windows, hardiplank siding. E asily entertain in the spacious family room with fireplace and lovely views of the wooded backyard. The two-level deck is perfect for cooking out. The game is on in the beautiful walkout basement with 2nd fireplace and f ull bath. Don't wait on this one! Check it out at www.homesinindy.com/hometour

Have you been thinking about remodeling your home? Before you dive into that next home improvement project, you might want to check out the latest Cost vs. Value Report, researched and put together by Remodeling Online. The report gives the cost versus the resale value of many different common household remodels for all the regions in the United States. For example, a major kitchen remodel has a national average pricetag of $55, 503 and an average resale value of $43, 363, which is a 78.1% price recoup. To view the report in its entirety, visit http://www.costvsvalue.com/index.html .