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I have gone through this scenario many times. The buyer is qualified for a FHA loan, has found a home that they can afford, falls in love with it and then finds out they are not allowed to buy it. … Continue reading
Highlights 968 houses were sold in 2012. Up 14% from 2011 80% were single family homes and 20% were condos Average sale price was $122,728 Median sale price was $99,500 Highest price paid was $934,000 Lowest price paid was $10,000 … Continue reading
The positive news for the real estate sector continues, as home-builder confidence is at it highest level since 2006, according to the National Association Of Home Builders. The National Association Of Home Builders/Wells Fargo Housing Market Index rose two points … Continue reading
According to a report by the Office Of The Comptroller Of The Currency about 50 percent of loan modifications fail. If the same houses were foreclosed on and resold, only about 10 percent of the new owners would default on … Continue reading
From the July 2012 Indianapolis Monthly Five Star Professional partnered with Indianapolis Monthly to determine the real estate agents in the Indianapolis area who provide exceptional service and overall satisfaction. The Five Star Professional research team contacted clients, peers and … Continue reading
1. Curb appeal – This is the first impression. A well manicured yard with no overgrown bushes or trees makes it look like the seller really cares for their property. Make sure the gutters are not clogged and overflowing with … Continue reading
Recently I closed on a home that did not appraise. It was a 2 story, 4 bedroom, 2.5 baths with an unfinished basement. It was listed for $214,900. The buyers, my clients, made an offer of $206,500. The sellers countered … Continue reading
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