Alamo Mortgage Service

 

HELPING YOU FINANCE YOUR NEW

HOME, SWEET, HOME

289 Overlook Court
Valparaiso, IN 46385

ph: 219-364-2507
fax: 219-364-2508
alt: 219-712-9876

 Client Relations

Since our clients mean so much to us, below are some useful tidbits to assist them with their moving needs.


 

  • Making the Move Easy On the Kids

    Moving from one house to another is seldom easy and fun for adults, and it can be especially troubling for children.  But if parents deal with their children's concerns and needs thoughtfully, much of that distress and discomfort can be avoided.

         Children see moves differently than their parents do, and they benefit much less from the change in their comfortable routines- or so it seems at the time.  Most often, a change in houses or communities heralds an important step forward for the adult members of the family.  The family moves because Daddy or Mommy has a great new job, or a promotion in reward for years of hard work.  They move because financial success has allowed the purchase of a bigger and nicer house in a more costly neighborhood.  They move because they can finally afford private bedrooms for each child and perhaps a pool in the back yard.

          Nowadays, mobile and hard-striving people typically live in a house for about five years and then move on as their careers or fortunes allow.  That short time span is only a small percentage of the life-to-date for a 30- or 40-year-old, but the same five years is half the lifetime of an 10-year-old, and it includes almost all the years he or she can remember.  To a parent, this house may only be the place they have lived recently.  They think of it as a way station on the road of life.  To kids, however, if may be the only home they have ever really known.  This is their house, the place they feel safe and comfortable. 

          A house is much more than a roof and walls to a child.  It is the center of his or her world.  A move threatens to take that sphere away and leave something totally strange in its place.  The familiar friends, schools, shops and theaters, the streets, trees and parks- all will no longer exist for them.  Everything will soon be strange, and they will live in someone else's world.

         The impact of a move on a typical child starts about the time he or she first hears that a parent has accepted a promotion, and often continues for about a year, until the new house becomes a home, and memories of the previous place fade.  It's not usually necessary to announce this big change to children immediately, although they must hear about it from you before someone else breaks the news.  Most teenagers see themselves as adult members of the family, and will probably feel they have been left out if they don't hear everything from the first day.

         But it is probably not a good idea to tell toddlers and preschoolers until they have to know.  There is no point in making them worry far in advance.  Be sure to announce the move in a totally postive way.  You might say how proud you are that Daddy's company has chosen him out of many other employees to manage a new office in Cleveland.  Talk about what a beautiful city Cleveland is, how good the schools are and how nice the people are.


  • Adding Value Over Time

    Over time, homeowners make both minor and major renovations to turn a house into a home.  As you consider home improvements, it pays to consider future resale value.

         There are some projects that typically recoup more of their cost when its time to sell.  If you plan to move within 10 years, consider making only high-return improvements.  Remodeling the kitchen and adding a bathroom are popular renovations that are likely to get high returns.

         If you plan to stay in the home longer, unpredictable influences (such as changes in the market and housing styles) may affect your home's resale value more than any remodeling you've done.  If you think you'll stay around for awhile, you're more likely to get your moneys worth out of your investment simply by enjoying the homes' improved quality.  The bottom line is, even if you don't recoup your investment financially, you won't regret making the renovations you've been enjoying for more than a decade.

         To further improve resale value, always practice proper maintenance.  Well-maintained homes usually sell faster and for more money.  Besides, it's easier and more affordable to make repairs as they are needed than to catch up with them once they've gotten out of hand.

         When you are ready to sell, call us.  We can help market your home and find a qualified buyer.  We can also help you find a new home.  As your real estate professionals, we are eager to help you with your housing needs.


     

  • Preventing Identity Theft

    Nearly everyone has heard a horror story about identity theft – and nearly everyone thinks it’s a crime that happens only to other people.  But according to www.identitytheft.org, a nonprofit organization dedicated to helping us prevent identity theft, this crime has reached epidemic proportions – an estimated 900,000 new victims each year!

         Identity theft can leave us with a ruined credit history and the time-consuming and complicated task of regaining financial health.  The imposter may even use your good name for criminal activities.  The physical, emotional and psychological toll is immeasurable.  I don’t want this to happen to you!  So, here are 10 tips I’ve collected for preventing identity theft:

    1. Make sure that your checks arrive in the mail promptly.  If you haven’t received them in a reasonable time period, they may have been stolen.
    2. Don’t have your Social Security or driver’s license number printed on your checks.  The numbers, along with other personal information on the check, will give the thief all the necessary facts to apply for a loan, credit card or a bank account in your name.
    3. When writing checks, don’t leave blank spaces on the lines designating the payee and the amount. Write words close together, avoid abbreviations and draw lines to fill any gaps.  Otherwise, a criminal can change what you’ve written – for instance, a check for IBM could be doctored to read T.B. Matthews.
    4. When you are writing checks to pay on your credit card accounts, do not put the complete account number on the “For” line.  Instead, just put the last four numbers.  The credit card company knows the rest of the number, and anyone who might be handling your check as it passes through all the check processing channels won’t have access to it.
    5. Don’t write your credit card number on a check to a merchant, even if the merchant asks for this information.
    6. Try to use your own preprinted deposit slips, or at least make sure the deposit slips in the bank lobby don’t have someone else’s account number already written or printed on them.  Many depositors don’t pay attention to what’s on deposit slips – a mistake thieves use to enrich their own accounts.
    7. Place the contents of your wallet on a photocopy machine, and copy both sides of each license, credit card, etc.  You will know what you had in your wallet, and all of the account numbers and phone numbers to call and cancel.  Keep the photocopy in a safe place.  Also, carry a photocopy of your passport when you travel either here or abroad.
    8. If your wallet or purse is stolen, file a police report immediately in the jurisdiction where the crime happened.  This proves to credit providers you were diligent and is a first step toward investigation (if there ever is one). Cancel your credit cards immediately!
    9. You only need to contact one of the following immediately to place a fraud alert on your name and Social Security number.

                  Equifax: 800-525-6285

                  Experian: 888-680-7289

                  Social Security Administration (fraud line): 888-269-0271

          10.  Call the Federal Trade Commission toll-free hotline, 844-ID-Theft (877-438-4338)

    Identity theft can happen even if your wallet or purse isn’t stolen – so I hope you’ll use this information, and share it with your family, friends and colleagues.

     

289 Overlook Court
Valparaiso, IN 46385

ph: 219-364-2507
fax: 219-364-2508
alt: 219-712-9876