During the home buying process you will eventually need to obtain financing. This can be confusing and it can be easy to make mistakes, especially if you are a first time homebuyer. Below are some tips you can follow to avoid making some of the most common mortgage mistakes.

1.Do your research on the different mortgage options. You want to make sure to select the right financing for you and not one that will hold you down for even a short period of time with the wrong mortgage. It is vital to investigate all your options, then crunch the numbers and weigh your options.  Be sure to look at initial interest rates, future interest rates and payments (if different), and the possibility of prepayment penalties.

2. Avoid excessive credit. Having too much credit is almost as bad as having bad credit. Lenders will focus on this even if you pay your bills on time and you could get turned down for a mortgage. Postpone any big ticket purchases until after you buy your house.

3. Be truthful on your loan application. While this may seem like a no brainer, even if you exaggerate your income slightly or stretch the truth on other questions, it is a federal offense. While it is rare that you would get arrested, it can cause big problems down the road if the lender finds out. Lenders they can call your loan due and payable. Remember to never sign your name to a loan application that is not completely filled out, you will be held responsible for anything on the application.

4. Not fixing your credit. Even before you even think about applying for a mortgage, obtain copies of your credit report and your FICO credit score. Your FICO score is the three-digit number that's used in 75% of mortgage-lending decisions. Dong this at least six months in advance should give you plenty of time to correct any errors on your report and ensure that they're removed by the time you're ready to apply for a loan.

A "piggyback loan" is a

A piggyback loan is basically a second mortgage given at the time of a home purchase or a refinance. This type of a loan allows the home buyer to acquire or refinance a home with less than a 20 percent down payment or equity. An advantage to this type of loan is that the homebuyer does not need to carry private mortgage insurance (PMI). 

Homebuyers can also use piggyback loans as a source of funding for making a bigger downpayment on the new home. Homeowners who don't have the funds to make the 20 percent downpayment can use this loan to their advantage because private mortgage insurance can be expensive and is not tax deductible. 

OPEN HOUSE
SUNDAY FEBRUARY 28TH 1 PM - 3 PM

www.470SouthCommons.com

Dramatic one-level living with expansive airy open design and volume ceilings ... Great Living in Great-Room Style with Great Location -- Fulfill your Great Expectations Here!

Ultra-Convenient Location -- One Block to Town Center, Train & Shopping in Villas of South Commons!

* Dramatic one-level living combines supremely convenient location and captivating open design!

* Exciting expansive Great Room living featuring volume Cathedral Ceilings and abundant natural light!

* Sunny eat-in kitchen with patio sliding doors leading to your private balcony features tall 42" Maple cabinetry and a big pass-through window with convenient serving ledge opening to the Great Room!

* Dreamy Master Bedroom retreat, complete with double-door access, huge walk-in closet, cathedral ceilings and a big Master Bath with large soaking tub and separate shower!

* Two more Family Bedrooms with large closets can be used as bedrooms, or bedroom and office-den -- the choice is yours!

* Gleaming wood floors span from hallway to Great Room!

* Convenient in-unit laundry room!

* Spacious and Special -- a commuter's dream with nearby Metra station, shopping, restaurants, in-town action and more!

An exciting, dramatic, ranch-style villa -- only one block to Deerfield's Town Center! This amazing home features a huge Great Room & inviting Mater Bedroom, both with high cathedral ceilings; a spacious eat-in kitchen with sliding patio door access to a private balcony, 42" maple cabinets and big pass through window opening to the Great Room; double-door entry to the Master Bedroom suite with a huge walk-in closet and large full bath, complete with a separate shower, double sinks and a big soaking tub; two more bedrooms, one used now as bedroom/office/den; in-unit laundry room; gleaming wood floors and an enviably-convenient location near shops, restaurants and Deerfield's downtown Metra -- a move-in condition commuter's dream!

Great Room - 25' x 18'
* Dramatic Cathedral Ceilings
* Wood floors
* Sunny open design
* Big palladium-style window
* Adjacent/Open to Kitchen
* Convenient Pass-Through Window from Kitchen
* Access to Entry Stairway

Kitchen - 16' x 10'
* Wood Floors
* Lighted Ceiling Fan
* Patio Sliding Doors to Private Balcony
* Big Eating Area
* Tall 42" Maple Cabinetry
* All Appliances Included
* Pantry Cabinet
* Adjacent and open to Great Room with convenient pass-through serving window

Master Bedroom - 16' x 13'
* Double-Door Entry from Hallway
* Dramatic Cathedral Ceiling
* Wall of sunny windows
* Light neutral berber-style carpet
* Huge walk-in closet
* Lovely large Master Bath with maple vanity, dual sinks, big soaking tub and separat shower stall

Family Bedroom #1 - 13' x 10'
* Light neutral berber-style carpet
* Big deep double door closet
* White 2" blinds

Family Bedroom (or Den/Office) - 12' x 10'
* Light neutral berber-style carpet
* Double door closet
* Sunny window wall with white 2" blinds

Additional Unit Features
* Private ceramic tile entry with access below to attached two-car garage
* In-unit laundry/utility room with broom closet and attached shelving

Villas of South Commons Association Information
* Fabulous location, close to Deerfield's downtown shops and restaurants
* A Commuter's Dream -- enjoy nearby Metra station ... no car needed
* Association Fee - $239.81 Month
* Association Fee Includes - Exterior Maintenance, Lawn/Landscape Care, Snow Removal

www.806BonnieBrook.com

An exciting fabulously-renovated one-level dream on a peaceful half-acre combines a country atmosphere with great condition & nearby commuter conveniences!

A Quiet Cul-de-Sac Setting, Countless Updates & Appealing Decor combine in this Expansive Ranch!

* A tranquil half-acre cul-de-sac setting overlooking abundant trees!

* Completely rehabbed top to toe!

* Enjoy the Great-Room style Family Area with an expansive stone fireplace wall!

* Updated Kitchen with Granite Counters!

* Separate Dining Room with access to patio -- great for entertaining!

* Four Bedrooms and a Private Separate Office or Den tucked away from the household hustle!

* New windows, including two glorious bays, new bath including one with spa tub, new wood floors, new doors, new roof, new furnace, new decor -- and so much more!

* A sprawling ranch providing easy living all on one level!

* Great views in all directions and in all seasons!

* Big aggregate patio overlooking an exceptional glorious massive yard!

* No need to sacrifice your desire for quiet country solitude for in town conveniences -- nearby Metra station, only one short mile, makes this a country-loving commuter's ultra-convenient dream!

* The work's all done right here -- just move right in, settle down and joy!

A fabulous sprawling four-season sensation, richly-remodeled from top to toe, located on a serene half-acre cul-de-sac site where nature's your best neighbor -- pure pleasure from the oak floors to the granite counters, new windows/doors/roof & more! This lovingly-updated home features a Great-Room style family area with a big stone fireplace, whirlpool spa bath, four bedrooms and a separate private office or den! Combine a country setting and commuter convenience here -- only one mile to Prospect Heights Metra station!

Living Room 14' X 13'
* Oak floors
* New bay window with window seat - 2009
* New light fixtures
* Painted 2009
* Huge stone fireplace wall with wood mantel and convenient gas fired heatilator system

Dining Room - 14 'x 11'
* Oak floors
* Patio sliders to large aggregate patio
* Adjacent to kitchen
* New lighting
* New baseboards

Kitchen - 14' x 11'
* Abundant cabinetry with additional new cabinets installed
* Lazy Susan cabinet storage
* Granite countertops
* Pantry closet cabinet storage with pull-out shelving
* Ceramic Tile backsplash
* New 2007 Kitchenaide Refrigerator, double door with ice/water dispenser
* All appliances included (new 2007-2008)
* Oak floors
* New light fixtures
* New double sink & faucet

Master Bedroom - 13' x 12'
* Lighted ceiling fan
* Newer carpeting
* Mirrored closet doors
* New six-panel doors & baseboards
* Closet organizers

Family Bedroom #1 - 12' x 10'
* Lighted ceiling fan
* Mirrored closet doors
* Newer carpeting
* New six-panel door and baseboards
* Closet organizers

Family Bedroom #2 - 11' x 10'
* New oak floors- 2009
* New overhead lighting
* Painted - 2009
* Mirrored closet door
* New six-panel door and baseboards

Laundry Room - 14' x 6'
* New ceramic tile flooring
* New Door
* Painted - 2009
* Washer & Dryer Included

Mud Room - 21' x 7'
* Access to garage, office/den, laundry room and hall to living area
* New ceramic tile flooring
* Access to Bessler pull-down stairway for attic storage

Foyer - 12' x 7'
* Oak Floor
* Opens to Living Area and Kitchen
* New Front Door (2007) with light-filtering leaded-glass window insert

Additional Improvements
* 2009 - New high efficiency gas, forced air furnace
* 2007 - New tear-off roof with ice/water shield
* 2007 - New double overhead garage door
* 2007 - New water purification and well system installed
* 2007 - New sump pump
* 2006 through 2008 - many new plumbing pipes replaced
* New prefinished oak floors in most rooms
* New sic-panel doors and baseboards throughout
* New windows including two bay windows

Exterior Features
* Quiet cul-de-sac setting
* Serene half acre abutting mature rear perimeter trees
* Big aggregate patio
* Stainless outdoor grill included
* Storage Shed
* Immense sprawling tranquil yard with country-like setting

Location
* Country setting on quiet cul-de-sac
* Commuter convenient -- only one mile to Prospect Heights Metra train
* Combines a quiet serene setting with lots of open space with easy access to trains and highways

Pleae visit...http://marketing.remaxdesigncenter.com/22/28922/1096555/1096555.swf to view the Quick Tour Preview.

If you have made the decision to sell your home and are wanting to make some improvments, you should know which

If your want to update and freshen up your kitchen but a complete remodel is not in the budget, consider these below kitchen fixes to help sell your home faster and for more money:

1. Paint or re-stain worn wood cabinets.

2. Install cabinet hardware. Stay with simple and neutral hardware, avoid large clunky designs.

3. Remove outdated or busy wallpaper and any bold, bright paint. Stick with neutral colors.

4. De-clutter all counter tops, keep them free and clear of appliances, butcher blocks and knickknacks.

5. Update the faucets. New faucets can make a outdated sink look revitalized. Faucet replacements are also fairly inexpensive and simple plumbing projects with all of the parts available at your local hardware store.

6. Remove photos, calendars and personal effects from the refrigerator door.

7. Updated and simple rugs and towels with a splash of color can bring warmth to a kitchen.

Replacing outdated appliances and flooring are great improvements that should be considered but may not always be part of your budget. Keeping a kitchen clean and maximizing space is key to getting buyers interested. Always remember to keep garbage cans, and pet bowls etc. out of sight.

What is an escrow?
An escrow is an arrangement in which a disinterested third party, called a escrow holder, holds legal documents and funds on behalf of a buyer and seller, and distributes them according to the buyer’s and seller’s instructions. The escrow becomes the depository for all monies, instructions and documents pertaining to the purchase of your home.

How does the escrow process work?

The escrow is a depository for all monies, instructions and documents necessary for the purchase of the home, including  funds for the down payment, lender’s funds and documents for the new loan. The duties of an escrow holder include: following the instructions given by the principals and parties to the transaction in a timely manner; handling the funds and/or documents in accordance with instructions; paying all bills as authorized;  closing the escrow only when all terms and conditions have been met; and, distributing the funds in accordance with instructions.

Do I need documentation?
Receipt of your deposit is generally included in your copy of your purchase contract. Your funds will then be deposited in your separate escrow or trust account and processed through your local bank.

What information will I have to provide?
Typically you will be asked to complete a statement of identity as part of the necessary paperwork. Because many people have the same name, the statement of identity is to identify the specific person in the transaction through such information as date of birth, social security number, etc. This information is kept confidential.

How long is the escrow?
The length of an escrow is determined by the terms of the purchase agreement and can range from a few days to several months. Typically an escrow often takes an average time of 30 to 45 days.

When does the escrow process end?

The escrow process ends when you actually close on the home, during the closing procedure. This is when all funds are transferred accordingly, when all documents are signed, and when you get the keys to your new home.

www.1653River-506.com

Combine a serene setting overlooking a quiet Forest Preserve with ultra-convenient location, one block to heart of downtown in this move-in condition penthouse condo!

Own Today for the Cost of Rent!

* Top Floor Penthouse Location -- direct views of adjacent Forest Preserve!

* Corner Location with sunny South and East exposures!

* Spacious Living Room with sliding door access to the balcony!

* Convenient Dining Room, elled to Living Room with huge pass through window to adjoining Kitchen and treetop views!

* Great bright Kitchen with extra cabinets, extra counters, a domed lighted ceilings and opening to adjacent Dining Room -- overlooks the Forest Preserve!

* Lovely Master Bedroom with panoramic views of quiet preserve, a huge walk-in closet and full master bath!

* Second Bedroom, Office or Den with double-door closet!

* Convenient in-unit laundry room with full-size washer and dryer!

* Indoor heated garage parking included!

* River Street Condo Association, an elevator-equipped building featuring low fees that include heat, water and cooking gas!

* Fabulous location on cul-de-sac at end of quiet street only one block to the heart of Des Plaines town center shops, restaurants and Metra station!

* Ultra-convenient for commuters!

* Ideal for nature enthusiasts -- enjoy views of the adjacent Forest Preserve!

* Great for those seeking to buy at the same monthly costs as renting -- purchase by April 30, 2010 and close by June 30, 2010 to use current tax credits!

Enjoy sensational sunrise views! A pristine penthouse directly overlooking the Forest Preserve from the Dining Room, Kitchen and Master Bedroom! The top-floor condominium features Living Room with patio sliders to the sunny balcony; a gracious Dining Room ell and convenient large pass through to the Kitchen with extra cabinet, counters and a lighted domed ceiling; Master Bedroom with extra-large walk-in closet and full bath; an in-unit laundry room with full-sized washer/dryer; heated indoor garage parking and a convenient building elevator. Located on a quiet cul-de-sac street abutting the serene woods, yet only one block to the heart of Des Plaines town center shops, eateries, and Metra station! Step up to homeownership here where you can own for the cost of rents and use first time or existing home owner tax credits as well. Don't miss this great opportunity in the River Street Condominiums where low association fees include heat, water and cooking gas -- a true Commuter & Nature Lover's Dream!

Living Room - 17'x13'
* Newer light neutral berber-style carpet
* Sliders to sunny balcony with views to Forest Preserve
* Adjoined with Dining Room ell
* Access to Kitchen
* Soft light-filtering Luminette-style vertical blinds

Dining Room - 11' x 9'
* Newer light neutral berber-style carpet
* Elled to adjacent Living Room
* Direct view of Forest Preserve
* Opens to Kitchen through doorway and big pass through window -- great for entertaining

Kitchen - 10' x 9'
* East views of forest Preserve tree tops
* Extra cabinet and counter space
* Pass through window to adjacent Dining Room
* Doorway to Living Room
* Brushed Nickel Cabinet Hardware
* Lighted Dome-Shaped Ceiling -- very unique
 
Master Bedroom - 14'x 11'
* Newer light neutral Berber-style carpet
* Glorious panoramic Forest Preserve views
* Darkening Shades
* Lighted Ceiling Fan
* Big Walk-in Closet
* Full Master Bath with Double Shower Stall

Family/Guest Bedroom (or Den/Office) - 14' x 11'
* Newer light neutral Berber-style carpet
* Sunny south exposure
* Mini-blinds and curtains
* Wall of closets

Foyer - 7' x 6'
* Ceramic Tile
* Opens to hallway with Guest/Family Bath, Big/Deep Closet & Laundry Room

Laundry/Utility Room - 6' x 5'
* In-Unit
* Full size a washer and dryer included
* Shelving with convenient hanging space

Unit Features
* Top Floor Penthouse Location
* Corner Unit with South and East Exposures
* Recent updates include: Carpeting, Commodes, Refrigerator, Stove, Washer, Dryer, Shower Doors, Window Treatments, Cabinet Hardware, Freshly Painted

Building Features
* All Brick Exterior
* Elevator
* Indoor heated Garage parking (Space #15)
* Security Door Locks
* Storage Areas
* Large Common Furnished Foyer

Association Information
* Monthly Fee: $285.14
* Fees Include: Heat, Water, Cooking Gas, Scavenger, Snow Removal, Landscape/Lawn Care, Common Insurance, Visitor Parking

Location Information
* Quiet cul-de-sac adjacent to Forest Preserve
* One block to Des Plaines town center
* Commuter desirable -- nearby Metra station, no car needed
* Close to shops and restaurants
* Easy access to highways, city & airport

It is a known fact that when you

Closing Costs: Although most of the closing costs are the responsibility of the buyer, the seller is expected to pay the property taxes and insurance up to the date of the closing, even if they're not due yet. in addition, some buyers will ask the seller for help with other closing costs as part of the negotiations.

Realtor Commission: Typically there's a 4 percent to 7 percent commission on the sale price of the house if you opt to go with an agent. Usually this rate is between 5 percent and 6 percent, so be sure to account for this cost when pricing your home and figuring up your expenses that come with selling your home.

Home Inspections: Although the buyer pays for the home and pest inspections, it's a good idea to get your own inspection before putting your house on the market. This way you're aware of any hidden problems before selling.

Legal expenses: Even if you are using a real estate professional and not selling your home yourself, you still may want an attorney to examine the sales contract and assist with closing, which can be complicated.

Prepayment penalty: Many mortgages have prepayment penalties if you pay off the mortgage early. Be sure to examine your mortgage agreement and read the fine print.

Many homeowners are not aware of the costs involved with selling a home but there are some perks as well. With any home sale you are eligible for a tax write off of up to $250,000 gained in the sale of your home for a single owner, and $500,000 for married couples. This applies for most state taxes as well; check with a tax professional to get all the details of any tax credit that may be available to you and your situation. 

www.2Andover.com

A Magical Setting on a Peaceful Pondside Cul-de-Sac is the inviting setting to this dramatic First-Floor-Master-Bedroom Home featuring a flowing interior affording flexibility of design & function!

Majestic Serene Location & Masterful Open Design Combine Here!

* Exciting design inside and out -- a lovely Provincial exterior with cedar-shake roof and gallery-like interior featuring huge walls, vaulted & cathedral ceilings and an open floor plan with spacious bright rooms!

* Awesome first floor Master Bedroom Suite featuring two walls with windows & pond views, two walk-in closets and a spacious Spa bath with separate shower!

* Formal Living Room and separate huge Dining Room flank the dramatic two-story oak-floored Foyer!

* French doors from Living Room lead to the Family Room with volume ceilings and sunny west exposures overlooking a serene pond!

* Massive kitchen with the adjoining eating area provides an overwhelming abundance of cabinetry and counters, access to Dining Room and Laundry Room as well as sliding patio doors opening onto a private deck -- entertain with ultimate ease!

* Loft-style upper hallway overlooks main floor and provides access to two huge family bedrooms, each with its own walk-in closet, and a large shared hall bath!

* Enormous full finished basement boasts a huge recreation and an almost equally-large ell-shaped exercise area and den as well as a multi-functional bedroom or office suite complete with its own full bath!

* Enjoy a tranquil location on a quiet cul-de-sac with peaceful pond views on two sides and a low-maintenance lifestyle with Westgate of Lincolnshire amenities!

Exceptional home, exceptional setting with tranquil pond views on a quiet cul-de-sac featuring grand walls, abundant light, volume ceilings and big flowing rooms! Enjoy the amazing jumbo kit with walls of cabinets and counters to spare combined with the adjoining Eating Area with sliders to the deck and adjacent pond! The glorious first floor Master Bedroom Suite has windows on two sides with pond views, a luxurious Spa bath with separate shower and two walk-in closets! The two-story Foyer opens to both the separate formal Dining Room, Living Room with fireplace, upper loft-style hall and two giant oversized bedrooms with a big shared bath, each with its own walk-in closet. The fabulous full finished basement features a massive recreation room, huge exercise room and a convenient bedroom suite, complete with its own full bath! Enjoy an easy-living lifestyle here with Homeowner Association amenities!

Living "Great" Room - 18' x 13'
* Vaulted Ceiling
* Wood Burning Gas Started Fireplace with Decorative Mantel
* French Doors leading to adjacent Family Room
* Opens to Foyer with Oak Floors and Upper Loft-style Hallway
* Windows with Plantation Shutters

Dining Room - 17' x 14'
* Dramatic Cathedral Ceilings
* Opens to Foyer with Oak Floors
* Chair rail accent moldings
* Direct doorway access to enormous Kitchen
* Windows with Plantation Shutter

Kitchen - 23' x 15'
* Oak Floors
* Recessed Lighting
* Walls of cabinets and counters -- truly exceptional
* Bay-shaped cleaning/preparation area
* Stainless Double Oven and Refrigerator
* Direct Access to Laundry Room
* Peninsula Island opening to adjacent Eating Area with Sliders to Deck

Eating Area - 12' x 11'
* Oak Floors
* Sliders with Plantation Shutters opens onto the rear deck
* Overlooks and joins Kitchen at Kitchen Peninsula Island
* Access to/from Foyer

Family Room, Den or Library - 14' x 14'
* Access through French doors from adjacent Living Room
* Vaulted ceilings and ceiling fan accent
* Sunny westerly view to nearby peaceful pond
* Windows with Plantation Shutters

Master Bedroom - 17' x 16' (First Floor)
* Double Door Entry from Hallway
* Dramatic Vaulted Ceilings
* Windows on two sides, North and West -- both with soothing pond views
* Two Walk-In Closets & Linen Closet
* Access for luxurious Spa Bath
* Windows with Plantation Shutters

Family Bedroom 1 - 16' x 13' (Second Floor)
* Master-sized family bedroom
* Big Walk-In Closet
* Windows with Vertical Blinds
* Accessed from Upper Loft-style Hallway
* Shared Large Bath with Family Bedroom 2

Family Bedroom 2 - 17' x 13' (Second Floor)
* Master-sized family bedroom, now used as in-home office
* Big Walk-In Closet
* Windows with Darkening Shades
* Accessed from Upper Loft-style Hallway
* Shared Large Bath with Family Bedroom 1

Recreation Room - 33' x 15' (Lower Level)
* Carpeted
* Light Neutral Decor
* Elled to Exercise Area
* Doorway leading to Bedroom/Office Suite with Full Bath -- great for nanny, teens or guests

Exercise Area - 20' x 20' (Lower Level)
* Carpeted
* Light Neutral Decor
* Elled to Recreation Area
* Doorway leading to Large Storage Room & Separate Mechanical Room with Work Area
* Suited to Future Home Theater Area

Foyer - 18' x 7'
* Dramatic two-story vaulted ceilings
* Oak Floors
* Opens to Living"Great" Room on one side, opposite Dining Room and Eating Area with Slider to Deck at rear
* Access to Powder Room
* Big Guest Closet
* Access to Second Floor Open Stairway & View of Loft-Like Upper Hall

Laundry Room - 12' x 9' (First Floor)
* Access from Kitchen doorway
* Access to Attached Two-Car Garage
* Bank of Built-in Cabinets
* Laundry Tub
* Big Coat and Storage Closet
* Large Double-Door Pantry
* Mini-Blinds on Window

Master Bath
*-Nine-foot Ceilings
* Big Whirlpool Tub
* Separate Shower
* His and Hers Vanities and Sinks

Other Interior Highlights
* Baths on every level
* Six-panel doors
* Two-Zoned Heat and Air Conditioning
* Trusty Warns Battery Sump Back Up

Exterior Features
* Cedar-Shake Roof
* Provincial Styling with Brick. Stone and Cedar Siding
* Underground Sprinklers
* Quiet Pavered Cul-de-sac Location
* Serene Setting with Peaceful Pond View on Two Sides

Westgate of Lincolnshire - Association Features
* Monthly Fees: $275.00
* Includes Lawn and Landscape Maintenance
* Includes Snow Removal
* Includes Scavenger Service
* Includes Common Insurance and Care of Common Grounds
* Lushly Landscaped Community with Pondside Settings
* Commuter Convenient - Short Distance to Prairie View Metra Station
* Conveniently-close to convenience shopping, theater and restaurants.

There is good news for homebuyers, as of January 1, new federal rules adopted by the Department of Housing and Urban Development took effect. The new rules will implement a redesigned, simplified Good Faith Estimate form to help buyers avoid those closing-table surprises.

Until now the way lenders would provide the borrowers with the estimated fees was complicated and confusing. Under the new rules lenders will all be required to use the same form for their Good Faith Estimates – a three-page document issued by HUD.

There are also new rules that will put a cap on the increases in costs that are indicated on the Good Faith Estimate and guidelines so that fees listed on the initial estimate reflect the actual cost at settlement.

www.13200Heiden-2212.com

Move Right In ... Rent Today, Buy Tomorrow or Buy Right Now with Low-Down Payment FHA Financing and Current Homeowner Tax Credits Too -- SO much for SO little!

Why Rent? Make Home Ownership Reality Here in this Spacious Updated Condo in Heiden Gardens!

* Fully Remodeled

* Oak Floors

* Updated Master and Hall Bath with Stone and Ceramic Tiles, New Vanities and Granite Countertops

* Updated Kitchen with Maple Cabinets, Granite Countertops, Ceramic Tile Floors and "Window" Opening to Huge Living Room & Dining Room

* Master Bedroom with Walk-in Closet & Updated Master Bath

* Large Second Bedroom with Wall of Closets

* Big Entry Foyer

* Large Balcony with southerly views overlooking gorgeous park-like grounds and pond

* Heated Underground Garage Parking

* Elevator Building

* Pet-Friendly Association -- amenities include clubhouse with party room, exercise facilities and an outdoor pool

* Also available for rent with immediate occupancy at $1,150/mo. Pets accepted on case-by-case basis with additional deposit.

Exceptional! This FHA-approved, rehabbed 2-Bedroom features fabulous updates, fabulous views of pond and park-like grounds and a fabulous price! Enjoy pre-finished oak, stone and ceramic tile floors; a great eat-in kitchen with maple cabinets & granite counters; Master Bedroom with a walk-in closet and full bath; two remodeled baths with granite counters, ceramic and new vanities; new six-panel doors and trim; new windows; huge Living Room & adjoining Dining Room overlooking balcony. and great condo amenities including heated parking, pool, clubhouse and more! Perfect for those wanting to use current homebuyer tax credits and/or low down-payment FHA financing! Step right up to homeownership here, rent, lease/purchase or rent with the option to buy! So much for so little!

Living Room - 19' x 14'
* Pre-finished Oak Floors
* Adjoins formal Dining Ell
* Triple Sliding Patio Door opens onto private balcony
* View of Park-Like Grounds and Serene Pond

Dining Room - 10' x 10'
* Pre-finished Oak Floors
* Elled to Dining Room
* Adjacent to Updated Kitchen
* View to Living Room, Balcony & Lush Grounds

Kitchen - 10' x 9'
* Fully Updated
* Ceramic Tile Floors
* Maple Cabinets
* Granite Counters
* All appliances included
* "Window" opening to hallway and adjacent Living Room
* Eating area - table space

Master Bedroom - 17' x 12'
* Pre-finished Oak Floors
* Walk-in Closet
* Sunny south view to community grounds
* Updated Full Master Bath with Ceramic/Stone Tiles and Floors, New Vanity & Granite Countertop

Family/Guest Bedroom (or Den/Office) - 12' x 12'
* Pre-finished Oak Floors
* Wall of Closet with new Doors
* Sunny south view to community grounds

Foyer - 11' x 5'
* Pre-finished Oak Floors
* Big Guest & Storage Closet
* Access to Updated Hall Bath with Ceramic/Stone Tiles and Floors, New Vanity & Granite Countertop

Building Amenities
* Secure Gracious Greeting Foyer with High Ceiling
* Building Elevator
* Big, Bright Cheerful Laundry Facility
* Heated, Underground, Assigned Parking
 
Heiden Gardens Condo Association Info
* Part of the Whispering Lake Umbrella Association
* Whispering Lake provides Clubhouse with Outdoor Pool, Party Room and Exercise Facilities
* Heiden Gardens Condo Association covers building maintenance, parking, lawn care/landscaping, snow removal, scavenger service and water
* Pet-friendly association
* Total Fee: $366. 44 (Heiden Gardens Fee - $261.44 & Whispering Lake Fee - $105)
* FHA-Approved Association for low down payment purchases

Rental Information
* Rent at $1,150/mo.
* One-year lease minimum
* Immediate Occupancy
* Pets accepted on a case-by-case basis with additional pet deposit
* Credit Check & Security Deposit Required
* Rent with an Option to Buy or Lease/Purchase Possible

www.13200Heiden-2212.com

Move Right In ... Rent Today, Buy Tomorrow or Buy Right Now with Low-Down Payment FHA Financing and Current Homeowner Tax Credits Too -- SO much for SO little!

Why Rent? Make Home Ownership Reality Here in this Spacious Updated Condo in Heiden Gardens!

* Fully Remodeled

* Oak Floors

* Updated Master and Hall Bath with Stone and Ceramic Tiles, New Vanities and Granite Countertops

* Updated Kitchen with Maple Cabinets, Granite Countertops, Ceramic Tile Floors and "Window" Opening to Huge Living Room & Dining Room

* Master Bedroom with Walk-in Closet & Updated Master Bath

* Large Second Bedroom with Wall of Closets

* Big Entry Foyer

* Large Balcony with southerly views overlooking gorgeous park-like grounds and pond

* Heated Underground Garage Parking

* Elevator Building

* Pet-Friendly Association -- amenities include clubhouse with party room, exercise facilities and an outdoor pool

* Also available for rent with immediate occupancy at $1,150/mo. Pets accepted on case-by-case basis with additional deposit.

Exceptional! This FHA-approved, rehabbed 2-Bedroom features fabulous updates, fabulous views of pond and park-like grounds and a fabulous price! Enjoy pre-finished oak, stone and ceramic tile floors; a great eat-in kitchen with maple cabinets & granite counters; Master Bedroom with a walk-in closet and full bath; two remodeled baths with granite counters, ceramic and new vanities; new six-panel doors and trim; new windows; huge Living Room & adjoining Dining Room overlooking balcony. and great condo amenities including heated parking, pool, clubhouse and more! Perfect for those wanting to use current homebuyer tax credits and/or low down-payment FHA financing! Step right up to homeownership here, rent, lease/purchase or rent with the option to buy! So much for so little!

Living Room - 19' x 14'
* Pre-finished Oak Floors
* Adjoins formal Dining Ell
* Triple Sliding Patio Door opens onto private balcony
* View of Park-Like Grounds and Serene Pond

Dining Room - 10' x 10'
* Pre-finished Oak Floors
* Elled to Dining Room
* Adjacent to Updated Kitchen
* View to Living Room, Balcony & Lush Grounds

Kitchen - 10' x 9'
* Fully Updated
* Ceramic Tile Floors
* Maple Cabinets
* Granite Counters
* All appliances included
* "Window" opening to hallway and adjacent Living Room
* Eating area - table space

Master Bedroom - 17' x 12'
* Pre-finished Oak Floors
* Walk-in Closet
* Sunny south view to community grounds
* Updated Full Master Bath with Ceramic/Stone Tiles and Floors, New Vanity & Granite Countertop

Family/Guest Bedroom (or Den/Office) - 12' x 12'
* Pre-finished Oak Floors
* Wall of Closet with new Doors
* Sunny south view to community grounds

Foyer - 11' x 5'
* Pre-finished Oak Floors
* Big Guest & Storage Closet
* Access to Updated Hall Bath with Ceramic/Stone Tiles and Floors, New Vanity & Granite Countertop

Building Amenities
* Secure Gracious Greeting Foyer with High Ceiling
* Building Elevator
* Big, Bright Cheerful Laundry Facility
* Heated, Underground, Assigned Parking
 
Heiden Gardens Condo Association Info
* Part of the Whispering Lake Umbrella Association
* Whispering Lake provides Clubhouse with Outdoor Pool, Party Room and Exercise Facilities
* Heiden Gardens Condo Association covers building maintenance, parking, lawn care/landscaping, snow removal, scavenger service and water
* Pet-friendly association
* Total Fee: $366. 44 (Heiden Gardens Fee - $261.44 & Whispering Lake Fee - $105)
* FHA-Approved Association for low down payment purchases

Rental Information
* Rent at $1,150/mo.
* One-year lease minimum
* Immediate Occupancy
* Pets accepted on a case-by-case basis with additional pet deposit
* Credit Check & Security Deposit Required
* Rent with an Option to Buy or Lease/Purchase Possible

This program empowers homeowners to become active in protecting their community through participation in Neighborhood Watch groups. Residents participate in Neighborhood Watch in their area by organizing residents to communicate any suspicious behavior to others by phone trees and reporting it to the authorities.

If you are interested in starting a neighborhoood watch in your community, below are some steps to help you get started!

• Form a small planning committee of neighbors to discuss the needs of your community, gage the level of interest and potential problems, decide on a date and place for an initial Neighborhood Watch meeting
• Contact Your Local Sherrif's Office or Police Department for more information or to arrange a speaker
• Arrange a meeting location close to your neighborhood. It should have enough room to hold your invited neighbors and, if needed, for the use of audio visual aids such as an overhead projector.
•  For more information and educational materials related to starting a Neighborhood Watch, visit the National program's website.

www.2425Brian.com

Prepare to be Impressed ... From the Moment You Enter You Will Know You've Found Something Very Special Here!

GREAT EXPECTATIONS FULFILLED HERE!

* Two-Story Foyer with new on diagonal oak floors!

* Huge Living Room and elled Dining Room!

* Incredible new eat-in Kitchen with Decora maple cabinets & beautiful granite counters featuring patio slider to yard!

* Spacious Family Room with raised hearth brick fireplace, patio sliders to yard & open design to adjoining Kitchen!

* Fabulous & Huge -- Romantic Master Suite with window seat, big dressing area, and gorgeous skylighted Spa bath with separate shower … pure luxury!

* Three large Family Bedrooms off airy upper hallway with shared full updated bath featuring dual sinks!

* Amazing Full Finished Basement with huge Recreation or Theater Room, big Exercise Room & great storage closets!

* Ultra-convenient fenced yard, close to grade school and park!

* The BEST of BOTH WORLDS – a freestanding residence in the Cobblewood Condo Association with full condo maintenance amenities… easy living at its finest!

Irresistible top to toe, this updated freestanding two-story features spacious rooms, impeccable condition and inviting decor! This special home features a fabulous new eat-in kitchen with to-ceiling Decora maple cabinets & granite counters; stunning new on-diagonal oak floors; big family room with raised-hearth brick fireplace and fenced yard access opening to the adjoining kitchen; newer windows; updated baths; immense Master Bedroom Suite with fabulous new luxurious Master Bath complete with skylight, huge Spa tub and separate seated shower stall; and an amazing full finished basement complete with a huge theater-style recreation room, big exercise room and lots of storage closets. This truly grade "A" stellar stunner enjoys condo association maintenance providing an easy-living lifestyle blending the benefits of single family home living with full exterior care provided by the Cobblewood Condominium Association.

Please visit...http://marketing.remaxdesigncenter.com/22/28922/1050165/1050165.swf to view the Quick Tour Preview.

There are many different types of

Generally, a home equity loan is less expensive, but bridge loans contain more benefits for some borrowers. In addition, many lenders will not lend on a home equity loan if the home is on the market. It is a good idea to compare the benefits between the two loans to determine which is a better fit for their particular situation and plan ahead before making an offer to purchase another home.

How Do Bridge Loans Work?

When applying for this type of a loan, you must be able to prove to the lender that you are you are financially able to pay both mortgage payments in case the primary property does not sell right away. To ease the transition, most bridge loans will allow you to have a few months before your actual first payment is due. However, interest will accrue during that time.

Bridge loans are meant to be short term loans, normally coming due in a year or upon the sale of the primary property. Because it is a short term loan, the interest rates are usually quite a bit higher than regular mortgages and there are fees associated with it.

Benefits of a Bridge Loan

• A bridge loan is a great solution if you want to purchase another home without having to sell your current property.
• The buyer can immediately put a home on the market without restrictions.
  Bridge loans may not require monthly payments for a few months.
• If the buyer has made a contingent offer to buy and the seller issues a Notice to Perform, the buyer can remove the contingency to sell and still move forward with the purchase.

Cons of a Bridge Loans

• Bridge loans cost more than home equity loans.
• Strict lending requirements. Buyers must be qualified by the lender to own two homes and many will not meet this requirement.
• If the buyer is unable to sell their primary property, they will have to pay 2 mortgages and risk foreclosure on the 1st.

As with any loan option it is a good idea to look at both the pros and cons and consider all your options. If you think a bridge loan might be the solution for you, check out this Bridge Loan Calculator to see an estimated idea of payments.

Bridge Loan Calculator  http://www.1stbridge.com/calculator.aspx

Tax time is here, but homeowners have an advantage with many tax breaks. Make sure you’re not missing out on important home-related tax deductions. Everyone has a different situation and you may actually qualify for other deductions you were not aware of, so always check with your tax advisor to find out which deductions apply to you. Below are some of the common deductions.

Deducting Real Estate Taxes. Real estate taxes are deductible in the year paid. They are generally reported on Form 1098, Mortgage Interest Statement, the annual statement from the financial institution holding your mortgage, or on your county real estate tax assessment statement. You should also deduct any prorated taxes collected from you at closing. These amounts are not always included on Form 1098, but may be itemized on your real estate closing statement.

Deducting Loan Points Paid on a Purchase or Refinance
The points you pay on a loan for a home purchase are tax-deductible for the year you made the purchase. You can deduct the points you paid as well as those a seller paid on your behalf if you meet the following criteria:

•   The loan is secured by your primary residence
•   The loan was used to buy, improve or build the home
•   Paying points is a common practice in your geographic area
•   The points are calculated as a percentage of the loan principal

First-time home buyer credit.  A $7,500 tax credit is available to eligible taxpayers must have bought, buy, or enter into a binding contract to buy, a principal residence on or before April 30, 2010 and close on the home by June 30, 2010. For qualifying purchases in 2010, taxpayers have the option of claiming the credit on either their 2009 or 2010 return. and before July 1, 2009.  You are considered a first-time home buyer as long as you did not own a home during the three years leading up to the purchase of your new home.

Residential Energy Efficient Property Credit.  For 2009 and 2010, homeowners can take a tax credit up to $1,500 for energy efficient home improvements. If you purchase an energy-efficient product or renewable energy system for your home, you may be eligible for a federal tax credit. Click here for more information

Health-Related Improvements - Any home improvements for medical purposes can be deducted entirely from your taxes as long as the improvements do not add to the overall value of the home and have been made for a chronically ill or disabled person.

Moving expenses. If a move is connected with taking a new job that is at least 50 miles farther from your old home than your old job was, you can deduct travel and lodging expenses for you and your family and the cost of moving your household goods. 

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Whether you are planning to sell your home or if you just want to freshen up your living area, he appearance of the carpet in a home are one of the first things noticed. Having your carpets professionally cleaned is an easy, cost effective way to give your house a face lift before showing it to prospective buyers.  Stains and worn traffic areas can cause potential buyers to rethink the home and the thought of having to replace the carpet can cause them to walk away. If it is not in your budget to replace your flooring, having your carpets cleaned by a professional can do wonders by removing stains as well as lifting the nap of the carpet to reduce the traffic wear and giving it a fresh look.

There are many different options you have when looking for a professional to clean your carpets, below are some of the methods available. Contact a professional in your area you are not certain which method is best for your style of carpet.

Hot Water Extraction or "Steam" Cleaning
This is the most common method where a cleaning solution is sprayed on the carpet and immediately extracted (along with the dissolved soil) by a wet vacuum. Extraction equipment can be portable or truck-mounted, the latter being more powerful in terms of spray pressure, heating capabilities and power of the vacuum pumps. Hot water extraction is often referred to as "steam" cleaning and is considered by many carpet manufacturers as the most thorough method. Drying time is generally between 4 to 6 hours.

Dry Cleaning 
The dry cleaning method of cleaning carpets is when the cleaning agent, an absorbent dry compound (containing solvents and detergents) is sprinkled on the carpet and worked into the pile by a machine. It is vacuumed off after about half an hour, removing the soil suspended by the compound. Many companies offer organic, natural materials when cleaning. Drying time if any is usually less than 1 hour.

Foam Cleaning
This system uses detergent in the form of a foam.  A machine generates a foam, which is agitated on the carpet by brushes. The foam is then removed, with trapped soil, by an extraction-vacuum pickup.

Bonnet Cleaning
With this method of cleaning, a bonnet is placed at the base of a buffer. It is dipped into a shampoo solution first and then it will go over the carpet, just as if buffing a floor. The bonnet starts to get soiled. This means it is actually removing dirt from the carpet. It is usually rinsed out and this is continued until the dirt is removed. The carpets are vacuumed once the carpets are dry. Drying time is usually 30 minutes.

When

Moving your belongings yourself is going to be a big money saver but it may not always be possible. If you do plan to use a professional service, be sure to shop around. As with any professional service, it is a good idea to do your homework and get at least three estimates. It's important to remember that the cheapest service may not always be the best value. Check references, ask questions, look for red flags and do your homework before deciding on a moving company to avoid being scammed.

Be creative and use your own packing supplies. Most moving companies will charge big fees for supplying packing supplies. You can save big money by being creative and using items you already have to pack. Things like suitcases or plastic bins are great for packing clothes or other small items. Consider using linens and towels to wrap breakable items. Instead of paying for boxes, start collecting free cardboard boxes from local stores as well as newspaper for packing.

Look for discounts. If you are using a professional service, be sure to ask about all available discounts. Some movers will give discounts if you are able to give the mover some room when it comes to pickup and delivery dates. If possible, give the movers a span of three to five days when they can pick up the load and three to five days when they can deliver. Be sure to ask about hidden costs such as if the mover has to go up stairs or if there are accessibility problems on arrival.

Pack It Yourself. Having a moving company pack your items is expensive-sometimes up to or more of 25% of the moving cost. Something to think about is to do a partial pack where you pack things like your clothing, linens and then have the mover handle the breakables.

If you have just purchased a new home or are going to be

The cost for these warranties are fairly inexpensive, typically ranging from $250 to $600 annually, depending on coverage. There are many different plans with different requirements, most tend to operate the same way. If an appliance or item covered breaks or stops working, the home owner calls the home warranty company. The home warranty company calls a provider with which it has an arrangement and they contact the homeowner to come out to fix the problem.  Typically if the problem can be fixed per the contract coverage than the warranty company pays the contractor directly.

Each company is different in what items they cover but below are some typical systems and appliacnces that are covered and what are not typically considered to be included.

Typically Covered

• Air conditioner system/ Furnace / heating
• Dishwashers
• Doorbells
• Water heater
• Garbage disposals
• Inside plumbing stoppages
• Ceiling fans
• Electrical systems
• Range and oven

Typically not covered

• Outdoor items such as sprinklers, or pool filters/spa systems
• Not all plans pay for refrigerators, washers & dryers or garage door openers
• Spa or pools, unless specific coverage requested

It is important to know that pre-existing conditions are not covered. The home warranty company expects to start with a clean sheet and they require home owners to fix any pre-existing issues before the new policy becomes effective. It is a good idea to get the home inspection done before you sign the contract, so that you have a proof if necessary.