The Short and Long of Buying an Indianapolis Short Sale Home
There is probably more controversy and misunderstanding around the subject of buying a home in the short sale process than any other type of home sale in Indianapolis. All the tales of short sales taking 6-8 months to close make buyers a bit ...
Posted by Paula Henry on December 6, 2011 in Buyer Resources
Top 3 Reasons You May Want to Wait to Buy a Home
Reasons to Wait to Buy a Home
It may be surprising to hear this from a REALTOR®, but sometimes it may be better to wait awhile prior to purchasing a home. Rates are crazily low right now, and provided you have finances available to purchase ...
Posted by Paula Henry on November 24, 2011 in Real Estate News
How NOT to Cancel a Contract With a New Home Builder
A recent conversation with another real estate agent prompted the topic of this particular post. He was working with someone who signed a contract with a new home builder and then experienced buyer's remorse. The buyer called the builder's ...
Posted by Paula Henry on October 7, 2011 in Buyer Resources
FHA Loans: Are They Right For You?
While the news is rife about how hard it is for even qualified borrowers to secure loans, a number of homebuyers are getting financing and saving money by taking advantage of one of today’s most popular mortgage options: FHA loans. FHA loans ...
Posted by Paula Henry on September 8, 2011 in Buyer Resources
6 Online Tools to Bridge the Home Buyers Gap Between Online Search to Offline Reality
Why Doesn’t This Home Look Like the Pictures?
The online view of homes is often distorted or not exactly like you thought it might be in person. Oh, there’s nothing wrong with your computer, but rarely does a home look exactly the same ...
Posted by Paula Henry on September 2, 2011 in Buyer Resources
How Interest Rate Affects the Purchasing Power of Buying A Home
If you locked in your interest rate on a home this past week, congratulations! The Indianapolis real estate market may not find better interest rates than we have right now.
The current mortgage rates make buying a home in Indianpolis a better ...
Posted by Paula Henry on August 24, 2011 in Buyer Resources
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.
Since there may be 60 ...
Posted by Paula Henry on October 22, 2010 in Buyer Resources
Foreclosures Per Capita February 2010
According to foreclosure-tracking firm RealtyTrac, foreclosure filings topped 300,000 for the 12th straight month last month as 1 in every 418 U.S. homes received a foreclosure filing.
It's a small improvement from January and a just 6 percent ...
Posted by Paula Henry on March 11, 2010 in Real Estate News
Demographic Website for Indianapolis Home Buyers
Buying a home is a process which requires due diligence from the home buyer. There are definitly enough websites out there to make even the most knowledgeable buyer feel overwhelmed. I've located some very beneficial websites which I believe are ...
Posted by Paula Henry on June 6, 2009 in Buyer Resources
First Time Buyer Opportunity in Indianapolis
First time home buyers in Indianapolis have been given a great opportunity to buy a home! Changes on Friday in the first time tax credit and Indiana Housing have created a perfect storm for home buyers who have been trying to ...
Posted by Paula Henry on May 31, 2009 in Buyer Resources
With Increases To Its Fees, Fannie Mae Makes Buying A Home More Expensive
Fannie Mae announced a new risk-based pricing model and additional mortgage delivery fees this week, adding to the cost of buying a home. Risk-based pricing was first introduced by Fannie Mae this past April. It added new, mandatory loan fees ...
Posted by Paula Henry on August 7, 2008 in Mortgage News and Info
To Paint Or Not To Paint? Advice for Indianapolis Home Sellers and Home Buyers
Decorating a home is truly a matter of personal preference and one distinct difference of opinion between home buyers and home sellers is often paint color.
While you may love the red wall in the family room, if you are trying ...
Posted by Paula Henry on June 5, 2008 in Buyer Resources
How Long Do Household Items Last?
When you’re buying a home, knowing the condition of major systems in the home is an important factor to consider. The cost of repairing and/or replacing major components can equal a substantial investment.
This is also great information ...
Posted by Paula Henry on June 1, 2008 in Home Maintenance Tips
It May be Less Expensive to Buy Than Lease
In the course of a week, I receive at least 3-4 inquiries about rentals or lease options. This month I have seen more than usual. I have actually had four different people email me about the same downtown condo. I believe it's related to the ...
Posted by Paula Henry on May 20, 2008 in Buyer Resources
Is It Time to Buy Your Indianapolis Home?
This is the time of year when many start their search for a home. For some reason, the end of football season signifies the start of home buying season.
Here in Indianapolis, the Colts have been eliminated from the Super Bowl, so we are seeing a ...
Posted by Paula Henry on January 23, 2008 in Buyer Resources
Business Planning and Real Estate - A Comfortable Balance
As the last year comes to an end and I begin planning for the current year – yes, it is here, already, I find it is a bit more difficult than last year. Business planning, as it goes, is not a favorite activity of many, and I am no exception. ...
Posted by Paula Henry on January 1, 2008 in Buyer Resources