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Seller, Protect Yourself
Are you selling your Indianapolis home without a REALTOR® or legal representation? Remember to protect yourself! This weekend, I received a call from a homeseller who had his home advertised as a lease option. Instead, he found a buyer, then realized he didn’t know what to do next. He wanted to know if I could facilitate the contract [...]
Spring at my Home
I love walking out the front door or sitting out back when Spring flowers start blooming. Every day, a new bloom or bud peeking out from the winter gloom, promising more flowers and green trees; changing the landscape just a bit.
Mortgage Approval is NOT Set in Stone
You’ve found the Indianapolis home you want to buy and have been approved for a mortgage. Congratulations! You are on your way to being a homeowner. Now that you have approval, make sure you don’t do anything to sabotage it. Because there may be 60 days between the application date and the closing date, it’s important [...]
Real Estate Terms - FICO
The basis of most mortgage lending is credit scoring. In general, the higher a person’s credit score, the lower his offered mortgage interest rate. Despite the many credit scoring models in use today, however, just 3 are relevant to American homeowners: The Equifax BEACON® score The Experian Fair Isaac Risk Model The TransUnion EMPIRICA® Generically, these scoring models generate what are [...]
Zionsville Named Best Affordable Suburb
Zionsville has been named as the best affordable suburb in Indiana by Business Week. As a suburb of Indianapolis, Zionsville is actually one of the most expensive suburbs in the Indianapolis area, where real estate prices are concerned. So, what was the determining criteria? The country’s “Best Affordable Suburbs” doesn’t list the nation’s most affordable suburbs, but [...]
Eagle Creek Real Estate Market Report - January 2009
Once again, there were few sales in Eagle Creek. Three homes sold in Eagle Creek in January. A 5 bedroom 4.5 bath home in Ballinshire with 3656 square feet and a three car garage sold for $325,000. A 4 bedroom, 2.5 bath home with 2154 square feet and a 3 car garage sold in Eagle Creek Woods [...]
Fishers Indiana Real Estate Market Report - January 2009
In the month of January, there were 69 homes sold and closed in Fishers, compared to 83 homes sold in December. Of the 69 homes sold in January, 8 were distressed sales, all Fishers bank owned properties. The average price of all homes sold in Fishers was $216,714 The Median price was was not provided. The highest price home sold was $565,000. The lowest priced home sold was $97,000. The [...]
Carmel Indiana Real Estate Market Report - January 2009
For the month of January, there were 61 homes sold and closed in Carmel, compared to 90 homes sold in December. Of the 61 homes sold in January, 3 were distressed sales, all bank owned properties. The average price of all homes sold in Carmel was $347,504 The Median price was was not provided. The highest price home sold was $1,400,000. The lowest priced home sold was $84,750. The [...]
Zionsville Indiana Real Estate Market Report - January 2009
For the month of January, there were 12 homes sold and closed in Zionsville, compared to 26 homes sold in December. Of the 12 homes sold in January, none were distressed sales The average price of all homes sold in Zionsville was $527,710 The Median price was was $425,500. The highest price home sold was $1,150,000. The lowest priced home sold was $168,500. The average Zionsville home sold was a four [...]
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