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Want Ultimate Marketing Exposure for your listing? Contact The Romanski Group today at (765) 532-6148.
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Lafayette, West Lafayette and Purdue University Information:
About Lafayette, West Lafayette and Purdue University - Moving to Lafayette, West Lafayette and Purdue University, Indiana? Get info here... School Reports - Reports for Lafayette, West Lafayette and Purdue University schools kindergarten, elementary, and high schools. Relocating? - Free real estate information & relocation package if you're relocating to Lafayette, West Lafayette and Purdue University, in Tippecanoe County IN. Go to Main Sitemap - Main sitemap sections include Find Lafayette, West Lafayette and Purdue University Homes, For Home Buyers, For Home Sellers, Lafayette, West Lafayette and Purdue University Information, Real Estate Resources, and About Erin Romanski and the Romanski Group.
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Financing Your Home >Qualifying Guidelines
It may be difficult to qualify for a home mortgage loan. As a buyer, you may find the perfect home, but finding the perfect financing might become elusive. After you complete the application process, your lender may turn you down, which is an upsetting development for any prospective homebuyer. What can be done to remedy such a setback?
The answer depends on why you were turned down. If your income is too low to satisfy one mortgage company, there might be another company with more liberal qualifying guidelines. If you have had credit problems, some lenders may be more willing than others to help you clear them up in a manner that satisfies their underwriters. If your loan runs into problems, sit down with the loan officer and your real estate agent to investigate the possibility of using a different lender. The first company may be able to "assign" the package to a competitor, enabling you to use your same credit report and appraisal. You will need the cooperation of your sellers, too.
While loan rejections are disappointing, they can be resolved.
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| Q |
What price range is considered upscale or high-end in residential real estate?
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| A |
The price range varies depending on the local market, but upscale homes are in the top 10% of an MLS area's annual home sales. |
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The Romanski Group
Keller Williams Realty
22 Executive Drive
Lafayette, IN 47905
Direct: 765-807-7121
Fax: 765-807-7178
Email: erin@romanskigroup.com
“We not only want to meet your expectations, we want to exceed them.” When we agree to work together, we pledge to you a superior level of service that is prompt, efficient and courteous! We want our clients to enjoy their real estate transactions and refer to us as their Realtors for life!
Erin Romanski is a licensed Realtor in the State of Indiana.
   
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