A great way to end the week

1 08 2014

I_am_focused_picI would like to take the opportunity to tell you how much I appreciate all of Linda Fox’s assistance with the recent purchase of my home. Linda was very attentive and kept me informed along the way. Linda was able to make an otherwise arduous task, easy. I will definitely recommend Avenue Mortgage and specifically Linda Fox to any prospective home buyers seeking a mortgage.

Sincerely,

LC  in Naperville

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A lovely letter

2 06 2014

mark_twain_I_can_live_for_two_monthsDear Linda,
We are delighted to recommend your services to any prospective homebuyer. You were very easy to work with and explained the mortgage process to us in a manner that made it easy to understand. You listened to all of our questions and responded in a timely manner. You helped us stay on top of things and followed up if you needed any additional information or documents. The most important thing for us was that you helped us stay within our budged and did not push us to overextend on our monthly budget. You have even been helpful after the closing date with any additional follow up questions. You made us feel at ease and coached us along the way. We hope future clients have the same experience we had.
-S and T in Aurora

I loved working with this first time home buying couple. The best part? Watching them get the keys to their new home (yes! I attend all of my closings).





a truly rewarding success story

16 05 2014

first_time_home_buyersIt is with great enthusiasm that we recommend Linda Fox as your mortgage loan originator. Her dedication to us, both personally and professionally was something truly special during our loan and house buying process.

Linda was not originally the loan originator that we had gone with. When we put our offer in on our house there were stipulations that required closing to happen within thirty days. This was a short time span and it is because of Linda that we were able to hit all deadlines and get the house that we wanted in the end. She was recommended by our realtor and we didn’t know what to expect going in because we were originally using a close friend.

From the first time we met we knew we had something great. She was extremely dedicated to helping us (our first meeting occurred at her house at 9 p.m. on a Thursday). She was flexible and tenacious. Emails consistently kept us updated and she was always available over the phone. Deadlines were tight, but she made it work and hounded folks to make sure everything went through in a timely fashion.

Also unique was she was at closing! She was invested in the process and saw it through. We thought that was really unique and special.

Our professions are a college lacrosse coach and a personal trainer, and we would say that Linda “gets it done.” Of all the horror stories and pain that people had told us closing on a house was, specifically in regards to the loan, it was surprisingly a breeze for us and we think Linda was a big part of why it was so easy. We are eternally grateful that we got the house we wanted and we would highly recommend her to help you get the house of your dreams!

 

– Oswego, IL





A sweet thank you note from a first-time home owner…

6 08 2013

thank-youThis thank you note meant so much to me today. I do love my vocation.

Dear Linda,

I just wanted to thank you for everything!  As a first time buyer, I am so grateful to have had your guidance and support during this challenging endeavor. You were so knowledgeable, efficient, and attentive to my questions and went above and beyond to push my deadlines through.   Whenever I had a question or concern, I felt confident that I could lean on you.  I’ve already recommended you to my sister and will always be comfortable recommending you to my closest friends, family and colleagues.

I hope to have you over to see my place once I’m settled.

Kind regards and many blessings,

Julie – from Naperville





Do you remember how it felt….

10 09 2012

Do you remember how you felt when you bought your first home?  Please send me over your story; I’d love to hear it!

This couple dreamed of the day they would finally move into their first home with their four children.  Finding an affordable home in the suburbs of Chicago on a Youth Pastor’s salary is no easy task.  Fast forward to closing day; the grateful look on their faces says it all!

My husband, Tye, and I bought our first home in 2005, and I remember it like it was yesterday.  A small 2 bedroom townhome in Plainfield weeks after our wedding…but to us it felt like we were moving into a mansion in Beverly Hills.

The entire buying process can be intimidating; being a former teacher, I love taking the time to educate people on the home buying process. It is important that my clients feel knowledgeable about what they can expect throughout the transaction.  I never want the complexities of the process to steal the joy of buying a first home.

If you know anyone who is considering buying a home it would be an honor to help them.

Sincerely,

Linda Fox – contact information under Contact Me.





7 Steps to Buying a House

30 07 2012

(I love working with home buyers, especially first time home buyers! I think they went a little light on the last step, but it is a good summary.)

Find out how much you can afford.

Before your first steps to buying a new home, your mortgage lender will look at a couple different numbers to find out your spending limit. The first figure is your take-home pay. Banks like to follow the 28/36 rule: Your monthly mortgage payments should total no more than 28 percent of your net paycheck, and your total debts, including car payments and student loans, shouldn’t inch over 36 percent.

Get preapproved for a loan.

For a small fee, a lender will contact your employer, bank, and others to verify your income, assets, debts, and credit history. You’ll then get a letter stating that your mortgage is approved for a certain amount (which will help you determine your price limit!) up until a certain date. This document is more for the home seller’s benefit to prove that you’re a serious buyer. There’s no obligation on your part to actually get a mortgage.

Start searching for new digs.

A good way to start is to look at advertisements of homes located in neighborhoods you might want to check out. Then see who the listing agent is — chances are that company does a decent amount of business in the neighborhoods you’re interested in. Also use our finding a home tool.

Make an offer.

Do your own research in your local paper, office of public records, or Zillow to find out what similar homes in the area have recently sold for. Choose a number for your initial offer. If it’s far below the asking price, be prepared to defend it with your research. Don’t let your real estate agent pressure you into making the first number any higher than you’re comfortable with.

Settle on a price.

The seller will respond in one of three ways: an acceptance, a counter-bid (giving you a number somewhere between your offer and the asking price), or declining by sticking to their original asking price. Find out why the sellers are digging in their heels. If you can agree on a number, you’ll sign a contract and be asked to put down a “binder” or “earnest money.” Make sure the contract specifies that you can get this money back if you withdraw your offer.

Get an inspection.

Ask a realtor to recommend a certified inspector or check out the American Society of Home Inspectors. Have our home inspection checklist handy.

Close the deal.

Once the inspection is done, you’ll need to contact your lender and hire a lawyer to set up a closing date. Go buy some champagne and celebrate!

via 7 Steps to Buying a House – Buying a Home – Real Estate.