Profile picture for Julie Barnett

Julie Barnett's Advice

Contributions are sorted newest to oldest.

  • 23 Contributions
  • 0 Best Answers
  • 2 Helpful

Julie Barnett wrote:

Is Brighton Knoll a good neighborhood?

Answer
I have lived in Noblesville since 1996 and, yes, it is a very growing town.  It was somewhat affected by the economic collapse that our country experienced for the last 4 years, but in many ways you couldn't tell there was anything different going on when you were in Noblesville.  The main thing that the real estate collapse did in Noblesville was stop all the boom in residential building that was going on before that, but home building has begun again in Noblesville and Hamilton County.  It's a great place to live and raise your kids.  And if you want to get a good value for your money in a house, then I would suggest Noblesville over Fishers or Carmel, although there is always a possibility of an exception to that.  I know of several affordable homes in Noblesville and I'd love to help you with that.  Give me a call and I'll get a run-down on what you're looking for so that I can find the best house in the greatest area for you.  I look forward to hearing from you.    Julie A Barnett, Prudential Indiana Realty Group [Website removed by Zillow moderator. Please see our Good Neighbor Policy for more information.]
January 07 2013
(0)

What can I do to get more (or better) quotes for my loan request ZR-WTHTRPZ?

Answer
I agree.  I think you should visit 3 lenders in your area and request to be pre-qualified for a mortgage loan.  You could go online and look up the institutions that have the lowest interest rates and then pick the three that have the lowest rates.  Or, it could be that you have a good banking relationship with the bank or credit union where you have your checking or savings account.  That would be a really good place to start.  Not only can a lender help you with the qualifying and financing of buyig a home, they can advise you on how to improve your credit score, etc.
January 07 2013
(0)

We inherited our mothers home. One of the 5 brothers want the home as part of his inheretance. t

Answer
John, I agree.  I would definitely talk to an attorney and the estate attorney seems like he or she would be the most logical person, but if the estate attorney happens to also be a family member, I think I might want to get an attorney who would be totally unbiased and would be concerned for the good of all involved.  Each one of you 5 has a stake in that property, since it was left to all of you in the will, unless none of the other brothers want anything to do with that property, it is important that everyone is represented equally in this transaction.Good luck to you and your family. 
January 07 2013
(1)

I would like to do a search for ALL HOMES in an area, not just ones for sale or recently sold. For

Answer
Just select all the home types on the search, i.e. For Sale, Sold, FSBO, etc.  Put the county or the zip codes you are interested in and do a search that way.  Sometimes you can put too much criteria in your search and you end up eliminating some of the properties you could be wanting.  Or, just put in the zip or county (state of course) and try not even selecting anything in the area "For Sale, Sold, etc."That should help you get what you want.  If you need to filter it more because you have too many come up from your search, go about it by narrowing the price, or inputting # of bedrooms and bathrooms, garage, etc. 
August 29 2012
(0)

How do I find my Property ID number?

Answer
You need to locate the tax records for the property.  Most counties have them online now and you can usually print them right off your computer.  The property ID number is on your tax records.  Sometimes it's called the parcel ID number
August 29 2012
(0)

Denied with a 646 credit score.

Response
Denied:  Whenever a lender pulls a credit report due to your seeking credit the inquiry does show up on your credit report and also influences your credit scoreA mortgage pre-approval is certain to show an inquiry because the lender is making a commitment to loan you money.  If you just get "pre-qualified," it isn't a loan commitment, but it does show as an inquiry if the lender pulls the credit report at your request (because you applied for a loan).  Credit scoring companies treat mortgage and auto loan inquiries a bit differently than credit card lender inquiries.  If you are shopping around for a mortgage and go to several different lenders, the multiple inquiries will not hurt your credit score as long as the applications were made over a fairly short period of time.  When you are seeking a mortgage or auto loan, it could cause many lenders to look at your credit report, even when you are only really seeking a loan from one lender. The credit scoring companies make up for this they have put a formula in so the score will ignore all the mortgage/auto inquiries made within the 30 days before the score.  If you acquire a loan within the 30 days, the inquiries won't affect your score. It appears that you are aware of all these points.  Then, the scoring mechanism looks for auto/mortgage inquiries older than 30 days and if it comes across any, it counts them all as just one inquiry if it falls withing a typical shopping period.  The lender actually can choose the formula version of FICO scoring and the "shopping period" can actually be 14 days or 45 days.  Whatever the lender chooses, the credit agency will use to calculate your FICO score.   If you get preappoved by a lending institution it can definitely help you close the deal on a house since you don't have to have a mortgage contingency in your offer.  If you get pre-qualified, however, it doesn't really help you in negotiating a home sale since it is really just a tool to let you know what size of mortgage you can afford.  .Since you said that you had paid off two credit cards that hadn't showed up yet, I would suggest waiting at least another month (30 days) before trying again since the credit card payoffs should raise your score.  You didn't mention what kind of payment was late (thus affecting your score), but if it was a mortgage payment it will be very difficult to get away from that one.  Many banks want you to wait at least a year, with a perfect payment record in the duration, before you could be considered a safer credit risk.While you are waiting, make sure you are paying your bills on time and paying off as much debt as you can, and hopefully you have a sufficient down payment.  
August 15 2012
(0)

My daughter inherited a home in Springfield MO when she was 15. Now its vacant

Answer
Before you put any money into it or anything, you need to get the son that everyone quit claimed the property to agree to sign over the property to your daughter or he will have claim to everything she/you does to it.  I thought you said the property is free and clear, so there shouldn't be any lien issues, but if you aren't sure if there are or not, you could check with the treasurer of the county that the property is in and see if there are any liens on the property.  If the son who shares ownership with your daughter refuses to sign the property over to her, then I would suggest that you see an attorney to see what her options are in selling the property or just signing it over to the son, or even keeping it.  If he wants to retain partial ownership you/she may decide that it's better just to walk away and give it to him
August 10 2012
(0)

How much will I qualify for???

Answer
Since this goes a bit beyond just plugging in numbers on a mortgage calculator, I would suggest you find a financial institution that is qualified to give VA backed loans and discuss what you would like to do with a loan officer there.  Many factors go into qualifiying for a mortgage, including your credit score, your debt-to-income ratio, and interest rate of the loan.  Your lending institution loan officer should be able to answer any questions in this regard, and also pre-qualfiy you for a mortgage before you start shopping for your new home.
August 10 2012
(0)

Listing Agreement, Offer and Acceptance, and Closed in LESS than 30 days!!

Response
Wow!  Miracles do still happen!  Congratulations on one of the easiest real estate transactions you may ever have the pleasure of dealing with.
August 10 2012
(0)

Bank Changed Offer after they delayed process.

Answer
I guess that's why they teach us in Real Estate School that no offer is actually good until it is signed.  Make sure you get everything in writing from now on and they won't be able to do that again.  And perhaps you should have a 'plan B' (or another property the client is interested in) so that if the bank tries to pull this stuff you can just say 'Adios!' and go on to the next property.  The greed of the banking industry these days is mind-boogling.Apparently short-sales are the worst of almost any transactions in real estate.  Bankers are notoriously bad in those deals.  Go figure?  You would think that they didn't have all those properties to do something with.
August 10 2012
(0)