Laura Bacon with McCOLLY Real Estate:

First of all, "Thank You" for stopping in for a visit!

We are here to assist you in purchasing your new home and/or listing your current home. We are full time agents that take pride in helping people, like yourselves, in achieving your home ownership goals. Whether you need to know the current market value for your home, lender information, or listings to preview, give us a call. We are here to help!

**If you are in pre-foreclosure and have a reasonable

amount of equity, don't just walk away.

We may be able to help you!

Give us a call today to find out how!**

SEVEN THINGS YOU SHOULD

NOT

DO BEFORE APPLYING FOR A HOME LOAN

Don't buy or lease an auto. The lender looks carefully at the debt-to-income ratio and a large payment such as a car lease or purchase can greatly impact those ratios and prevent the buyer from qualifying.
Don't move assets from one bank to another or make any large deposits that you cannot document. These show up as new accounts and complicate the application process, as you must then disclose and document the source of funds for each new account. The lender can verify each account as it stands. You can consolidate them later.
Don't change jobs. A new job may involve a probation period which must be satisfied before the income from that job can be considered for qualifying purposes.
Don't buy new furniture or major appliances for the "new house". If the new purchase increases your debt load, it can disqualify you from the loan or deplete your funds to close.
Don't run a TWR credit report on yourself. This will show up on your lender's credit report as an inquiry and must be explained in writing.
Don't attempt to consolidate bills before speaking with your lender. The lender can advise you if this needs to be done.
Don't pack or ship information that may be needed for the loan application. Important paperwork such as W-2 forms, DD 214 forms, divorce decrees and tax returns should not be sent with your household goods. Duplicate copies take weeks to obtain.

Just remember this:

The Highway to Success is a Toll Road

Whatever you want in life,

you must give up something to get it.

The greater the value,

the greater the sacrifice required of you.

There's a price to pay if you want to make things better,

and a price you'll pay for just leaving things as they are.

Nothing worthwhile comes easily to anyone.

Work, continuous work and hard work,

is the only way to accomplish results that last.

Don't let the fear of change stop you from pursuing your dreams.

There is no success at bargain basement prices.

You must pay a price for success.

Author Unknown

Whether you are buying or selling,

call the team that works for you!

Laura Bacon

(708) 906-3302

Tammi Greenwald

(708) 772-7171