Weekly Rate and Real Estate Update, 4.25.12

Both 30 & 15 yr interest rates basically unchanged

Dan’s Activity this week:

Showings set up for another full day tomorrow.  12 homes to show, let’s hope we find THE ONE!  The closing for Friday looks to be on track. It’s always crazy to close on the last Friday in a month.  My new listing in Fishers is live and my other listings are getting really good traffic.  Remember, it only takes 1 buyer. Finally, yesterday I had a client accept the seller’s counter!  It's a beautiful, never-been-occupied custom home (that we featured on our own Foreclosure Friday!) that is now bank owned.   We are in process of setting up the inspection.  It’s great to be this busy...sometimes it feels like I’m going in all directions at once, but I love it!

Rates for the Week

From the IBJ... The average rate for 30-year mortgages fell from 4.11 percent to 4.10 percent in the week ended April 18, according to Bankrate.com. 

The rate for 15-year mortgages was unchanged at 3.32 percent.

   

Contact me here for more information and to start your homesale or purchase!

The Voice of the Agent: Patience Pays Off!

Finding the right home can be quite the task.  Likely you and your agent are scouring the internet and the Broker's Listing system to see what's available in your parameters. You have your mental or written list in tow and you set out on the search.  Sometimes you might find just "the home" on the first day out, but for others it may take many, many showings.  If you're like my family, it may take a year and 150 homes plus (and still counting!) to find it!  That story is for another blog post!

My best advice is to know exactly what you want, know what you will and will not compromise, and above all, have patience and an open mind.  When we go in with too many specifics to hit, we might miss a really spectacular find.  Focus on what can be changed like paint, a wall removal, and decor, and also factor in what you cannot change like location, proximity to schools and shopping, and the neighborhood. 


Overall be realistic and be prepared to see it all.  After having shown so many homes in all different price points and conditions, nothing really shocks me anymore.  But, I do know a great deal and a good home when we find one!  My hope for you is that you'll get that "Ah-ha....this is it" feeling when we do find just the one!

To receive a complimentary market analysis on your home or to meet with Realtor® Dan Irish about setting up your specific home search, email Dan Here! 

Weekly Rate and Real Estate Update, 4.18.12

Both 30 & 15 yr interest rates down

Dan’s Activity this week:

Ahh…the closing, what a great one I had last week.  All parties very happy!  Showing more homes to buyers tonight, all day tomorrow, Saturday and it goes on and on.  I believe I’ll get an offer on a 7-day-old listing in the next 24 hours, and prepping another home for the market next Tuesday. 

I need more listings to sell, so please pass my name along to those you know! I’m also taking time to work on my business with a monthly REALTOR® group I've joined.  Tomorrow’s topic: the 2012 Business Execution Plan.  I planned the work, now to work the plan!   

Rates for the Week

From the IBJ... The average rate for 30-year mortgages fell from 4.23 percent to 4.11 percent in the week ended April 11, according to Bankrate.com. The rate for 15-year mortgages fell to 3.32 percent from 3.42 percent.

   

Contact me here for more information and to start your homesale or purchase!

Indy House of the Week, 4.15.12

The Indy "House of the Week"

is chosen by DM Irish to highlight what's available on the Indianapolis market

and to feature a home with a very attractive curb appeal!

Beautiful full brick condo and look at those entry doors leading to an open and contemporary interior. This residence has plantation shutters, crown molding, neutral decor & hardwood floors. The kitchen boosts stainless steel appliances, dual ovens, microwave hood, pantry and a tile backsplash. With over 2400sqft on three levels this home has plenty of living areas to be together or have alone time. Entertain and cookout on your private balcony. A 2 car attached garage in also included.

$289,000

Contact Realtor® Dan Irish here to see this or other homes in the Indy area!

Weekly Rate and Real Estate Update, 4.11.12

Interest rates up and down

Dan’s Activity this week:

Well 2 of the 3 inspections made it through.  Unfortunately, we lost one and will remarket the home.  One closing tomorrow and one set for April 27^th.  I received a call out of the blue today from out of town buyers that are coming in TOMORROW, thus the delay in this weekly post.  Rates are hot, my mortgage guy is super busy and I can barely get my inspector scheduled 10 days out…yep, things are looking good in Central Indiana!

  

Rates for the Week

From the IBJ... The average rate for 30-year mortgages inched up from 4.23 percent to 4.25 percent in the week ended April 4, according to Bankrate.com. The rate for 15-year mortgages fell to 3.42 percent from 3.44 percent.

  

Contact me here for more information and to start your home saleor purchase!

Indy House of the Week, 4.8.12

The Indy "House of the Week"

is chosen by DM Irish to highlight what's available on the Indianapolis market

and to feature a home with a very attractive curb appeal!

Charming 3 story home built in 1978 on 1.63 acres.  The home features 5 bedrooms and 3 full baths, 4 fireplaces, an in-ground pool and a small basement.  The large front porch and dormers add a lot of character and curb appeal.  Recent updates include dimensional shingles, all new HVAC, pool liner and pump.  Homes needs some updating but look at that potential!  This home is a short sale property so it may take some time to secure, but I’m sure it would be worth the wait and you might even be able to get a great deal.

$295,000

ContactRealtor® Dan Irish here to see this or other homes in the Indy area!

Foreclosure Friday, 4.6.12

Times are hard and many people have lost their homes due to the challenges in the economy. "Foreclosure Friday" is our way of bringing awareness to the availability and potential of distressed properties in the Central Indiana area. Buying a distressed home, whether if it's in Short Sale or already Bank Owned, is a great way to help stimulate the economy.

Here Are A Few Of Our Reasons Why:

-Sellers/Banks are able to depart from their current home

-Jobs are created for Realtors®, Contractors, and Suppliers

-Neighborhood home values can be regained

-Buyers may get a positive equity position

-Lonely homes get happy homeowners!

Our short list of distressed properties below are currently active on the market in the Indianapolis area. DM Irish does not own, nor have these properties listed, but rather is being a resource for what's available to purchase.

Stay tuned biweekly as we pass along homes in the area that might be a good match for you!  Need more info on one that catches your eye or want helping searching for any home in the area?

Email Realtor® Dan Irish Here!

Home A

4560 sf plus a 2250 sf unfinished basement; 4 beds, 3 baths

SR 32 & Mill Creek Rd area: Noblesville: Noblesville Schools

Bank Owned; 6.74 acres, room for horses, will need rehab

 Home B

2250 sf no basement; 4 beds, 2.5 baths

106^th & Allisonville; Fishers: Hamilton Southeastern Schools

HUD Owened; Home needs some updates and landscaping help

 Home C

3020 sf plus 1255 unfinished basement; 4 beds, 2.5 baths

131^st & Cumberland; Fishers: Hamilton Southeastern Schools

Bank Owned; Needs cosmetic updates; Den is great for home office

 Home D

6432 sf includes a finished basement; 5 beds, 4 full baths plus 2 half baths

141^st and Springmill: Carmel: Carmel Schools

Bank Owned; Home needs fresh paint, some repairs, and newer carpets.  Has a 4 car garage.  Located in a great development

Home E

9525 sf with a basement; 4 beds, 3.5 baths

North of 334: Zionsville: Zionsville Schools

Bank Owned; It’s definitely one of a kind.  It will need extensive rehabbing, 200k range, indoor pool, hot tub, 3 fireplaces, horse barn, over 8 acres

  

Email Realtor® Dan Irish Herefor info on any home above or homes/land in the Indy area!

Weekly Rate and Real Estate Update, 4.4.12

Interest rates settle back down

Dan’s Activity this week:

This week I’m working through 3 inspections on homes my clients are either buying or selling.  This process almost always brings up something that creates a little extra tension between the buyers and sellers.  The value of having a REALTOR® is clearly evident during this time.  Its really a second negotiation that is many times more tense than working out the price and details of the Purchase Agreement.  The two sellers’ I worked with last week are moving towards listing, one next week and one the week after.  Also had to use my first interpreter to work with new clients who are buying a home!

Rates for the Week

From the IBJ... The average rate for 30-year mortgages fell to 4.23 percent from 4.29 percent in the week ended March 28, according to Bankrate.com. The rate for 15-year mortgages fell to 3.44 percent from 3.48 percent.

  

Contact me here formore information and to start your home sale or purchase!