Real Estate

New FHA Loan Limits for 2021

Starting January 1, 2021, the Federal Housing Administration (FHA) announced new loan limits.

What does this mean for you??

New FHA Loan Limits = New Homebuyer Budgets

Click Below For More Info

This may be the right time for you with the Indy market as well as the new loan limits.

If you have any questions, contact me at (317) 625-0655 or Mike Wickham, our trusted financial partner at Caliber Home Loans. We are always happy to answer any questions that you may have.

Local Market Review: November 2020 Housing Data

New listings showed a spark of life- up 8% from a year ago.  But off the big rally of last month, so they’re still running down 4% for the year.

Sales were up 21% over last November.  The combination pushed prices up 20% over a year ago.

Homes have been selling like hotcakes, with the average being just 31 days.

Inventory is very limited— and in search of people returning to work and play.

Ready to make a move?? Give Indy’s Choice a call at (317) 625-0655!

Steps on Buying a House

1.       Check your credit score. The Things that Matter :
2.       Figure out how much house you can afford. The Key Factors in calculating affordability :

    • Income
    • Funds Available
    • Debt and Expenses
    • Credit Profile
3.       Get pre-approved. And the Top Reasons Why :

 

Click Here for the Rest

Buying a home can be stressful and overwhelming. Understanding the key steps can help you reach your goal and make your dream a reality. If you need to talk through your particular situation, give me a call at (317) 625-0655. It’s why I am here!