A little bit of humor but ALOT of truth…

1.  Thou shalt not change jobs, become self employed or quit your job.

2.  Thou shalt not buy a new or used vehicle (unless you want to live in it).

3.  Thou shalt not get behind or use your credit cards excessively.

4.  Thou shalt not spend the money you have allocated for closing.

5.  Thou shalt not omit debts or liabilities from your loan application.

6.  Thou shalt not buy furniture.

7.  Thou shalt not originate inquiries into your credit.

8.  Thou shalt not make large deposits without checking first with your loan officer.

9.  Thou shalt not change bank accounts.

10.  Thou shalt not co-sign a loan for anyone.

Lenders will review your credit multiple times before you sign your mortgage documents – sometimes even the day of closing!  Your credit can not change or be negatively affected prior to settlement.  If you want to buy furniture or change jobs, there will be time to do that AFTER CLOSING.

According to Fulton Research Inc. and reported by The Central Penn Business Journal, median sale prices of properties decreased in September compared to one year ago in Dauphin, Lancaster and York Counties.  However, the median sales price increased in Lebanon County.

Data was not available for Cumberland County.

For the complete article, please visit http://www.centralpennbusiness.com/daily.asp?eDate=10/23/2009&utm_source=Listrak&utm_medium=Email&utm_term=%2fdaily.asp%3feDate%3d10%2f23%2f2009%2373251&utm_content=mleo%40capitalareahomes.com&utm_campaign=Business+Journal+Daily#73251 

If you’re looking for one level living but not ready to give up yard space, this is the home for you!  Attractive 3-bedroom all brick ranch home with covered side porch and above ground pool with newer liner is ready for new owners.  Some updates include:  new furnace, replacement windows and central air.  Home sits on .93 acre.  Lot is adjacent to farm land.  Northern York County School District.  One year home warranty will be provided with executed contract.

Contact Michelle@HarrisburgHouses.net for more information or a private showing.

This immaculate move-in ready home offers an abundance of living space and generous storage.  With over 2,000 square feet of living space, there are 4 Bedrooms, 2.5 Baths and a spacious lower level Family Room with a fireplace.  The modern eat-in Kitchen has a pantry and all the necessary amenities for the family chef.  The layout of the Living Room and Dining Room is “open” and one of the largest around – perfect for families or for entertaining!  French doors from the Living Room lead to a deck and your own private rear yard.  Fresh paint and new flooring can be found throughout the home.  Derry Township School District.

For more information or the list price, please contact Michelle Leo at 717-623-8508 or Michelle@HarrisburgHouses.net.  

According to the National Association of Realtors, 45% of home sales from January to July 2009 were first time buyers between the ages of 25 – 45.  These first time buyers took advantage of the tax credit (up to $8000), low interest rates, and high inventory levels. 

If you’re credit is 620 or higher, it’s time to get into the real estate game – especially if you’re a first time buyer!  Why pay off somebody else’s mortgage when you can build up your OWN self worth?  For more information, please contact me at Michelle@HarrisburgHouses.net or 717-623-8508.

Buyers who are under contract should not tamper with their credit or make any “major” purchases.  It’s common for lenders to verify the buyer’s credit a few days before the loan is scheduled to close to see if the income/debt ratio has changed.  If so, this can jeopardize the mortgage.   The best advice is do not buy anything new on credit or open new accounts before settlement. 

For more information, please contact me at 717-623-8508 or call your preferred lender.