E 1 POST REGISTER Friday, January 17, 2014

3816 Greenwillow Drive
This clean home sits on a HUGE lot surrounded by
beautiful mature trees & is fully fenced with auto
sprinklers! You’ll be pleasantly surprised by the vaulted
ceiling & open floor-plan. It is also equipped with all major
kitchen appliances & the washer & dryer are even nego-
tiable. Bedrooms are good sized & there are 2 FULL
BATHS! Top it all off with gas heat & central air! Nestled at
the back of a quiet cul-de-sac close to schools. This is a
manufactured home on a permanent foundation, so it can
be financed as Real Property. MLS #188015 $74,000
Tina Miller
Broker
208-709-7796
tina@therealtyteam.com
1120 Corinne Avenue
Great Condition-Great Location- 4 bedrooms- 3 baths-
2-car garage. Maintenance free brick and metal siding.
The lower level has recently been remodeled and
has a new bathroom and egress window in the bedroom.
Beautiful Hardwood floors. Main floor laundry/mud room.
Large family room. Two fireplaces (gas & wood). Beautiful
hardwood floors. Private yard with a large covered patio.
Close to the park with swimming pool and baseball
diamond!
$135,000---ad #189698
Bebe Hitz
Associate Broker
208-521-1484
bhitz@ida.net
2950 Ammon Road
Look at this one-owner Neo-Victorian charmer.
Custom-built in 1983 with quality workmanship and materials
throughout - - better than new. Spacious design allows for large
gatherings as well as cozy areas and private spaces to get
away from it all when you feel like it. Gorgeous kitchen and for-
mal dining - - the charm of fireplaces on all three levels - - large
food storage and pantry areas. The 4.61 acre lot is your own
mini-ranch. Animals allowed - - corral and RV dump on acreage.
A private spot with easy access to hospitals, schools, and city
conveniences. There are houses and houses. This one calls
out, Make me your home. Come and see!
MLS #189071 $289,000
David Klepich
Realtor
208-221-7451
klepichd@gmail.com
Real estate supplement
By Casey Archibald
carchibald@postregister.com
Editor’s note: This is the first story
in a series covering the home-buy-
ing process. Each week will cover
the steps you can expect to go
through before moving day.
For a first-time home buyer,
buying a home can be intimidat-
ing. If this is you, there are a few
things you should know before
jumping in.
Before setting foot in any
potential home, buyers need to
get pre-qualified for a mortgage
so they know what their buying
power is.
According to Joni Ke-
pler-Fleenor, the Senior Vice
President and Branch Manager at
InterWest Mortgage, a division
of Iberia Bank, the two most
important things to acquiring a
mortgage are credit and employ-
ment.
“Everything is really credit
score-driven so you want to
obtain as high a credit score as
you can possibly get,” said Ke-
pler-Fleenor. “Some people think
that being completely debt-free
is a good thing, which it is, but
you have to have some kind of
credit revolving and going all the
time. In order to obtain a good
credit score you have to show
that you are ready to make re-
sponsible decisions. Paying cash
all the time is not going to help
your credit score.”
Kepler-Fleenor suggested get-
ting a credit card and paying it off
every month. But be careful not
to run the balance up because that
can be very hard on a credit score.
Adrian Esta, a Mortgage Loan
Originator at Bank of Idaho,
suggested getting a credit card
that is completely dedicated to
paying for one type of purchase,
like fuel.
“There are credit cards out there
that are secured with your own
funds,” said Esta. “Start with a
card that has a really small limit.
If you try just paying for gas with
that card you can either put the
money aside to pay it off if you are
disciplined, or go straight to the
bank and pay it right off. If you
are paying it off monthly you are
not paying any interest and it will
bump up your credit score.”
Esta explained that it is best to
keep some credit running all the
time. It is not enough to take out a
loan and pay it off very quickly.
“If you take out any kind of
credit and you are trying to build
your credit score, you want to
pay that off through at least six
months,” said Esta. “If you pay it
off sooner you won’t have much
history. You always want to have
some kind of positive reporting
credit. In most cases it is worse to
not have any credit than to have
bad credit.”
Esta suggested that everyone
have at least one credit card. She
explained that more cards than that
are not necessary.
According to Kepler-Fleenor,
the other very important thing to
do to prepare to get a mortgage is
to have steady, continued employ-
ment.
“It looks best if you have sever-
al years of experience in the same
line of work, or improvement of
employment,” she said.
Once a potential buyer has
established credit and good
employment, then it is time to get
pre-qualified for a mortgage.
In order to get pre-qualified,
a potential buyer must provide
certain documents to their lender.
Paperwork includes tax returns,
W-2 forms, recent pay stubs and
bank statements. Potential buyers
should contact their lender for spe-
cifics as each bank or lender may
have slightly different require-
ments.
The lender then informs the
potential buyer what kind of loan
they qualify for and what price
range home they can purchase.
The real estate agent is then
informed of the final numbers and,
with the buyer; they begin search-
ing for a home.
Once a home is found and a
contract is negotiated between the
buyer and the seller, the real estate
agent contacts the lender and gives
them the signed purchase and sale
agreement. At that point the buyer
starts the final process of obtaining
the loan.
“Always understand the terms
of your loan,” said Esta. “This
includes the interest rate and fees
associated. Know what you are
signing and ask questions.”
Kepler-Fleenor said it is a com-
mon misconception for first-time
home buyers that it is difficult
to get a mortgage to purchase a
home.
“If you show good credibility
— employment, good rental histo-
ry, good credit — it is not difficult
to get a loan for a home,” she said.
“You have to show responsibility.”
Buying power
Credit, job history keys
to getting a mortgage
for your dream home
Crunching Your Credit
The Young Professionals
Network hosts Cassey
Troshynski, of ISU Credit Union,
who will share the tricks to
increasing your credit score,
understanding your report
and myths associated with
credit scores.
Thursday, March 20
at noon
Willard Arts Center
498 A St, Idaho Falls
Finally Home!
The Greater Idaho Falls
Association of REALTORS®
offers monthly classes for first-
time home buyers. The next
class is scheduled for:
Feb. 17-18
6:30-9:30 p.m.
Preregister for the class at
the board’s office at 1508
Midway. Call 523-1477 for
more information.
805 Cleveland Street
PRICE REDUCED....
This really clean house is in impeccable condition. It has newly textured
and newly painted walls and ceilings; new windows, new electrical out-
lets and switches. The cupboards have been newly refinished. Like new
appliances included. Heavy-duty architectural grade shingles should
provide a trouble free roof for years to come. The nicely maintained yard
is large and well-fenced and boasts a convenient storage shed. The
desirable corner lot is in a nice neighborhood and close to schools and
parks. The insulated garage can double as a shop for do-it-yourselfers. It
has a beefed-up electrical system with 220 and 110 volt outlets every few
feet. The wood faced walls provide sturdy support for hanging any
shelves, hooks, or tools, etc. desired. The crawl space is roomy and pro-
vides plenty of nice additional storage space. Don't worry about fixing up
before or after you move. This house is ready now. Come and make it
your new home.
MLS #189149 $99,500
David Klepich
Realtor
208-221-7451
klepichd@gmail.com
201 N Center Street, Parker
A LOVELY LITTLE HOME IN A LOVELY LITTLE TOWN
- - Nestled in the heart of the quiet village of Parker. You
have to see the unique interior to appreciate how quaint
and charming it is. Very clean and well maintained, with
an expansive floor plan that lends itself to comfortable
living. Large corner lot with mature trees and a large
well-maintained storage building that could easily be
used as a shop. Good rental history.
MLS #190001 $80,000
David Klepich
Realtor
208-221-7451
klepichd@gmail.com
2955 E Courtyard Circle, Ammon
Immaculate town home! Clean and very well cared for.
Walk in to this inviting formal living room. Great Room has
a gas fireplace, and built in book case. Nice functional
kitchen, with hardwood flooring, from kitchen through
dining area. 2 bedrooms on the main and 2 baths. Down-
stairs is completely finished with 2 additional bedrooms, a
full bath and large family room. Storage with with plenty of
built-in Shelves. Extra long garage that is just as clean as
the inside of this home. Central A/C and gas heat.
MLS #190287 $157,000
Julie Winn
Realtor
208-521-3486
julie.winn@century21.com