Real Estate Information

Fabulous home featuring 2400sf and a basement on South side of Lafayette close to schools and shopping.  Cheerfully decorated, the kitchen, breakfast nook area has laminate flooring and white appliances, corner sink with window view overlooking backyard.  The breakfast nook has a large window and entrance into the sunroom with decorative concrete floor that would be a great location for that hot tub you’ve always wanted.  The formal dining room is two-tone painted and has a wallpaper border around the room to tie into the kitchen.

Built-in bookshelves surround the brick raised hearth fireplace in the living room which can be overlooked from the 2^nd story landing. The master bedroom is on the first floor away from the 2^nd floor bedrooms for that added privacy. 

Large bonus room upstairs is currently being used as the family room.  Basement is unfinished but rough plumbed.   School bus stop is directly across the street.

Move-in condition in a great South area.  Make an appointment today to see this home.  

Great curb appeal leading to this beautiful home with 3+car garage in Huntington Farms.  Neutral paint throughout accented by white trim adds warmth to the entire home. Built in 2006, all the details of superior craftsmanship are seen throughout; vaulted ceiling, ceiling fans in many rooms, built-in bookshelves, large closets. Wonderful open concept between the living room, kitchen, and breakfast nook area. Wood floors in kitchen, dining room and breakfast nook certainly add to the beauty of this entire area.  The kitchen floor and dark custom cabinets emphasize the granite countertops and stainless steel appliances.

The entire floor plan gives flow to the layout.  A main aisle leads to sleeping quarters of 3 bedrooms and two full baths. The master suite has a beautiful master bath sporting a corner tub and separate shower, double sinks and walk-in closet.

A 17x17 bonus room is located over the garage and could well be a 4^th bedroom.  Laundry room is right inside the garage and has a deep laundry tub and shelving for storage and hanging your laundry.

 

End a hard day at the office with a short drive to your 10 acres with close proximity to the Wabash River.  Plenty of room to roam, fenced back yard for privacy and beautiful sunrises and sunsets from your screened porch await your arrival. On the outskirts of Lafayette, this home allows for a secluded country atmosphere.

 

 Lovely foyer entry and vaulted ceilings really give this home a touch of elegance and sophistication.   Entering the foyer, you will immediately notice the beautiful large living room and gas log fireplace to relax with your family and friends.  In addition to the breakfast nook open to the kitchen, the dining room gives formality to dinner plans.

There is a first floor master bedroom suite for privacy from the other two bedrooms located on the second floor.   The master bath sports a corner garden tub and glass block windows over the tub and a separate double shower.

 

Large loft overlooking the living room has many possibilities—tv area for the kids, lounge, home office – name it.  Move-in ready condition and a blank slate for your décor gives you opportunity to add your touch to make it yours. 

A full basement is an extra bonus. Magnificent location for those who just can’t get enough of the great outdoors. 

 

      For more information on this home please contact Cathy at her office at 765-497-0700 or look at her website at www.cathyrussell.com

    Please contact Cathy's office at 765-497-0700 or look at her website at www.cathyrussell.com for more information.

    For more information of this home please either call the office at 765-497-0700 or go to her website at Cathyrussell.com

Eye-catching, immaculate 2-story contemporary home with basement located in McCutcheon Heights on a peaceful, quiet cul-de-sac.  This 2500 sq.ft. home has everything you need for entertaining or keeping your children and friends occupied.  And, it’s close to schools and shopping.

 

Upon entering the front door directly into the 20 ft long living room, the vaulted ceilings and natural wood railing of the 2^nd story open hallway will catch your eye.  The living room sports three corner windows to watch the snowfall this winter while cozying up next to the warm fire in the ceiling high, bricked fireplace.  The large 19x15 family room is ideally positioned to exit into the fenced backyard onto the large deck for those nice warm nights of entertaining friends or family and taking a plunge in the above ground pool with multi-deck patios.   There is a large storage shed which is great for housing lawn and outdoor equipment leaving the garage open for a work area.  As a bonus, the lawn equipment and outdoor equipment are available for purchase.  If that isn’t enough, you can adjourn to the finished basement area to the recreation room if the nights become chilly.

 

The kitchen has ample cabinet and counter space and comes complete with a side-by-side refrigerator, oven/range, built-in microwave over the stove, built-in dishwasher and garbage disposal, Kinetico water softener plus an dining nook area in addition to the formal dining room located directly off the kitchen. 

 

Two nice-sized bedrooms overlook the backyard and have access to the 2^nd full bath upstairs.  

Then we come to the master bedroom - it has a partial vaulted ceiling with a ceiling fan to have that nice breeze for those nights too cool for the air conditioner but just right for the windows to be open.  Enter the master bathroom by an open, two door entry from the bedroom to lay back and relax in the jetted bathtub.  This openness gives that sense of a great getaway, romantic evening in your own home.  Step out of the master suite onto the open balcony hallway and overlook the living room and beautiful fireplace, take that deep breath and think ‘life is good’.

 

But there’s more, the home has a new roof, garage door, fresh paint inside and outside on all decks and fence making this a move-in condition home.  All this can be yours – call today for your private tour of 30 Mayflower Court.

The Home Affordable Refinance program was designed to help home owners lower their monthly payments while at the same time securing lower interest rate mortgages. The program is aimed at helping home owners whose mortgage loans are more than the value of their home. The program had a value set at 105% and under the Obama Administration this number has become 125%. The Home Affordable Refinance plan is helping home owners who are underwater with their home values restructure their mortgage payments and ease their financial stress. A few highlights of the Home Affordable Refinance program are:

• A borrower must be current on his payments in order to qualify for the refinance.
• The refinancing must be completed with a Fannie or Freddie approved lender.
• The new loan would come with mortgage insurance.
• Borrowers cannot take cash out.

If you are living in an area where the value of your home has dropped below what it was when you purchased it this could be the program for you.

Check out the Making Home Affordable web site for more information and to see if you qualify.

The Reverse Mortgage is a mortgage for older home owners who want to utilize the equity in their property.  more and more popular.  If you are over 62 and are interested in purchasing real estate or making home improvements or acquiring money for another real estate transaction here is what you need to know about a Reverse Mortgage:

• To qualify a borrower must be 62 years of age or older.

• The Borrower must live in the residence as his primary residence.

• There are no minimum income, asset or credit requirements.

• There are no monthly payments required for as long as the borrowers occupy the residence as their    primary residence.

• The Funds can be taken as a lump sum, monthly payments, line of credit or a combination.

• There are no restrictions on how the funds are used.

• Loan proceeds are not considered income and will not affect Medicare or Social Security benefits.

• There are no prepayment penalties.

• Heirs may keep the home by paying off the balance on the reverse mortgage loan.

• All applicants are required by federal regulation to seek 3rd party financial counseling by an approved Department of Housing and Urban Development (HUD) organization.

For more information on Reverse Mortgages visit www.reversemortgage.org.

 

Positive signs for real estate have surfaced yet again, indicating a troubled market that appears to be stabilizing.  July housing statistics are in and have exceeded economists’ forecasts with sales up over 9%.  While the number of sales are down considerably from the peak of 2005, they are up quite a bit from January.

 

The upswing of Real estate sales is largely attributed to the first time homebuyer tax credit which covers 10% of the value of the home up to $8,000. The current tax credit is only good until December 1^st and there is a big push to extend the credit. Home builders in particular want to see the credit extended because any projects that are started today cannot be guaranteed finished by the tax credit cut-off date.

 

 

For more information on July’s sales and the current state of the National real estate market visit Yahoo Real Estate.