It’s Monday Morning!!!!

Ask the Experts:

Home Mortgage Specialist: Cindy Behm from Flagstar:

Question: Dear Cindy, how much downpayment is required for a home loan?
Answer: Another great question - the borrower does not always get a straight answer on this question until the lender knows more about the borrowers finances and credit. There are many factors that actually go into this answer. The first factor is what loan types does the bank or mortgage broker offer. Not all lenders have the same products. There are still some products that allow for 100% financing, meaning no down payment is required, while other programs require a 20% down payment. For the average person buying a owner-occupied property, that can prove their income a 3.5% - 5% down payment is quite common. There are other factors to consider, such as: interest rate, mortgage insurance, etc. Don't be misled by the interest rate, sometimes a higher interest rate could mean a lower monthly payment. Check all the details and learn about the loan that you are getting into.

Home Staging Expert: Nan from First Impressions Staging and Design:

Question: Hi Nan! I’m thinking about putting my house up for sale. What can I do to get started before that?
Answer: Define the space. Start packing up anything you aren’t using on a day to day basis. Do this job early, so it doesn’t overwhelm you, and then get the whole family involved. Avoid storing excess gear in the garage if you can. A better option is a storage facility. Some storage companies even bring the storage to you so you can load it, they’ll store it, then deliver it to your new place when needed.

Quote of the Week:
Live a balanced life - learn some and think some and draw and paint and sing and dance and play and work every day some…. Robert Fulghum

Water Tower and Town of the Week:

Fond du Lac - Fond du Lac is a beautiful and thriving community of 43,460 located at the foot of Lake Winnebago. Fond du Lac is a wonderful place to live and work with recreational opportunities second-to-none. In addition, Fond du Lac is only one hour away from Green Bay, Milwaukee, and Madison and all that those communities have to offer.



Photo of the Week:

To remind you that summer isn’t to far off….

ANSWER TO LAST WEEKS QUESTION: WINNECONNE
Where are these people fishing? (Answer next week!)

Are they REALLY attaching their poles to the rail right under the sign that says not to??

Have a wonderful week everyone and don't miss the Eagle Cam in the sidebar!

Laurel Stone

Laurel Stone School of Real Estate