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Showing posts from December, 2016

Paper or Paperless billing? Which serves YOUR needs best?

Paper or Paperless billing?  Which serves YOUR needs best?

These days, companies are under pressure to go "green" and become more environmentally friendly.  As a result, an increasing number of businesses are offering their customers a paperless option with which to receive and pay their bills. 

There are obviously many positives to be found within these paperless services:

Trees are saved  Reduced postage costs  Less paper documentation to organize or save/storePossible rewards for switching to paperlessPayments can often be made/posted same-dayAutomated payments can be set-upMore
But I can tell you from my vantage point as a Chicagoland/IL/WI Mortgage Originator, there are also negatives to be found within paperless methods.  For some of my mortgage clients, the choice of going "paperless" just hasn't worked well.

 For some, an email or text reminder regarding payment of bills has not been enough. They NEED a paper billing to arrive in their mail. 

Their paper bil…

Get to Know the Schools in New Lenox School District #122 - New Lenox, IL

Get to Know the Schools in  New Lenox School District #122 New Lenox, IL
New Lenox School District #122 meets the educational needs and more of 5,400 students from the New Lenox, IL area.   

Students, ranging from Preschool to 8th Grade, attend the following schools: Preschool - Cherry HillKindergarten - Spencer TrailPrimary Schools: Haines, Arnold J. Tyler, Spencer Pointe, Nelson PrairieIntermediate Schools: Nelson Ridge, Caroline Bentley, Oster – Oakview, Spencer CrossingJunior High Schools:  Liberty, Alex M. Martino      An average of 85% of New Lenox School District #122 students have met and/or exceeded the Illinois Learning Standards for 9 consecutive years.  (Individual school report cards for each New Lenox School District school can be viewed by clicking HERE.)
     The New Lenox School District #122 offers a full curriculum of studies.  Itbroadens and enhances student educational opportunities via the extracurriculars it offers.  
Those include:Music/Band(s)/Chorus/Orchestra A Varie…

What Funds are Needed at the Time of Closing?

What Funds are Needed at the Time of Closing?
Most new mortgage clients I speak with have pretty basic concerns regarding their upcoming financing.  One of the questions I hear most often is ...
How much money will I need at my Closing?
Asimple and quick answer might be provided by the following math equation:
Down Payment + Closing Costs/Pre-Paids  = Total Funds to Close
But unfortunately, it's typically not that simple. Here's why ...  
While the above equation is an appropriate starting point for buyers/borrowers, the actual amount of funds needed at the time of Closing often decreases during the time of mortgage processing.  
How? Often, during the processing of a mortgage or prior to Closing taking place, some items or fees get paid for.  
 Two (2) such fees are: The Appraisal FeeThe Homeowner's Insurance First-year Premium
     Other items and services may also be accounted for AT CLOSING, in the form of Credits due from the Seller:  
Examples of these include: Real Estate Taxes (