Just because your best friend just bought a home does not mean that you are financially ready to purchase one yourself.
You do not know their full true financial situation and unless you have set down and written down all your own expenses and income, you do not know if you can afford buying a home yourself. Just because you think you can make a certain house payment does not mean you can.
Yes, I understand you want to move out of your apartment or parents’ house and finally have your own house, but you first need to look at your own financial plan before purchasing your brick and mortar home. So, before you start looking for your dream home you need to look at your personal financial information.
What are my bills? This includes your monthly expenses like utilities, rent, insurance, credit cards, food, gas, clothing, automotive repair and maintenance expenses, and any other monthly expense you have. When you need to pay child support or have judgments you are paying on, you need to include them. Garnishments will show up on your paycheck as deductions.
What is my income? Pull up at the minimum 3 months of current and consecutive paychecks. This will give you a good average of your income situation.
Have you looked at your current credit report? I don’t mean looking at your credit score. I mean looking at the things that are listed in your credit report. Every time you are late with any form of payment it is being reported to the credit reporting agencies.
After looking at your entire financial situation, you can then determine if you can afford a mortgage payment of no more than 25% of your monthly take home pay. That mortgage payment needs to include the insurance and taxes on the home you are planning on purchasing. If the proposed payment of a house you are considering causes you to need a 30 Year mortgage, you may need to consider the size of home you will purchase, or you need to pay off some of the current expenses you may have.
Why should anyone try to acquire a 15-year mortgage for your home purchase? Very simple. You should be able to own your home free and clear and not have a mortgage payment for the rest of your life.
Every week we pull information for the Central Indiana real estate market and look at the last week’s market condition for central Indiana. To simplify the process we are pulling the information for three counties that are part of the Central Indiana real estate market.
What is under your control?
In a store, the end caps at the end of each isle have a specific purpose and your end cap is the exterior of your home. The purpose for the end cap, and your exterior of your house, is to entice the buyer to take a look inside. The stores use high profit items to lure you to the end cap and all of the sudden you are inside the isle and see other things you think you would like to have.
The next time you go grocery shopping check out the lighting in the store. Have you ever noticed that the store has different types of lighting? Some areas have a more cool looking lighting and others have brighter lighting. Now translate this to your house you want to sell. The more inviting the lighting is in your house the more appealing it looks to the buyer.
Marion County was the county having the most properties offered for sale during that week. There were 389 properties listed with an average list price of $129,680. Washington and Lawrence Townships were the leading townships with 62 new listings each. The average list prices for Washington and Lawrence Townships were $218,531 and $213,983 respectively. During that same week, the entire county had 189 properties having an accepted offer (pending sale, in escrow) with an average 67 days of time on the market. 335 other listings closed that week.
Brookside is one of Westfield’s premier neighborhoods with a variety of custom homes. Due to the variety of custom builders building in this Neighborhood you never will have a house that looks the same as your neighbors.
This year the 
The Brookside neighborhood itself is a very diverse and stylish neighborhood with home prices ranging from $600,000 to $1.7 million. Just minutes away from all major conveniences like recreation, shopping, and schools. Brookside is located on 161th Street East of US 31.
Every one of the builders being showcased at the 
Even when you have an open floor plan you still can find corners that will be quite enough for conversation or relaxing. Hideaway spaces like a hidden game room or reading /play room found itself into their design as well.
Pocket and barn doors have finally made their way back into the Midwest building style. It makes a stylish addition to a home and also will make room for other amenities. Clean lines and simple but stylish décor design helped showcase the builder’s craftsmanship.
Many of us are still working through the aftermath of a short sale, foreclosure, or some other financially devastating event. Rather than buying another house you need to rent till you get back on your feet.