About 19669247

It Never Hurts to Ask!

I just got off the telephone with a couple that I’ve been helping to find THE house. We got to talkin’ and it came out they’ve had their eye on this one house for a long time but have never mentioned it cuz’ they were afraid it would cost too much. That might be the case, then again it might not. But as long as they continued to look but not ask, one thing’s for certain- they’ll never know which it might be… too much or just right?!

So, bottom line…

IT NEVER HURTS TO ASK!

Heck, that’s why I’m here. In case you didn’t realize it, I work for you! So, listen up, cuz’ here’s how I go about helping you find THE house.

#1 I listen to what you would like in a perfect world.

#2 Next, I figure out what you’ve got to work with- the good, the bad, and even the ugly.

#3 Then I figure out how to deliver what you want, or at least as close as is humanly possible. (Now, to be sure, I don’t have a magic wand, but my previous clients will tell you that I work harder to make great things happen for you.)

So, if you see a house you really like but are afraid the down payment will be too much or that the monthly payments will be out of your budget- call me direct at 317-625-0655. Let’s talk. Maybe between the two of us we can figure out how to make this happen for you. There’s no cost for that effort, and no hassle either. And if we do figure something’ out— well, you just might get the home you’ve been dreaming about!

‘Nuff said. Talk with you soon, Bob

New Mortgage Loan Limits

The FHA, Fannie Mae and Freddie Mac all released their new loan limits for 2017 this week. FHA, which insures mortgage loans with down payments of just 3.5%, increased the maximum loan they will insure from $299,000 to 308,200. That will definitely help a good number of central Indiana buyers and sellers. Fannie and Freddie increased their max loan limit from $417,000 to $424,100. There will be a few local buyers that will find that of benefit. (Those numbers are quite a stretch from back when I bought my first house and the max loan was just $33,000!)

I spent 17 years doing mortgages, helping 3000+ home owners to buy or refinance their home mortgages. And I still have a lot of really great contacts. If I can put you in touch with someone who can help you improve your financial future, just say the word!

“I work harder to make good things happen!

Are home prices being discounted?

Local properties sold last month at 94.4% of their ORIGINAL asking price, and at 97.7% of their FINAL asking price (ie. a selling price of $94,400 on a property listed at 100k). That means that many sellers reduced their asking price at least once. The numbers were a pullback from the April-June seasonal peak, when competition is the hottest and prices don’t get reduced as much. The 94.4% was the highest for any October in the past decade, reflecting the tight inventory conditions we’re currently experiencing. Want your money to work for you? EZ- call me. I work harder to make good things happen!