If you are pondering these questions, here are some items to consider:

• Can you afford the home now and will you still be able to afford it in 6 months or a year from now?
• Do you have enough savings for a down payment and unforeseen costs, like major repairs?
• Are you credit worth?  Will you qualify for a mortgage?
• Are you emotionally ready to put down roots and take care of a home?
• Is your job going to change in the next few years?  Will your company relocate you to a different area?
• Are you planning to get married?

There are many tax benefits to home ownership, such as a tax deduction for the interest on your mortgage and a federal deduction for your local property taxes.

You must evaluate neighborhoods closely, what is a fair market price for a home you are interested in?  This is where the expertise of a real estate agent comes into play, they can show you the “comps” or the prices that comparable homes in the neighborhood have recently sold for.

The decision to buy, especially a first home, is a life-changing experience but with the proper lender and real estate agent to guide you, it can be a dream come true.

For example, if you were to purchase the home below for $125,000 and you qualified for an FHA mortgage, your approximate monthly payment would be $831.  This is based on:

• 3.5% downpayment of $4,375
• Annual property taxes of $912
• Annual homeowners insurance of $700
• And includes an estimate of $80/month for private mortgage insurance

Fishers named #8 Best Place to Live 2010 by CNN Money

Fishers offers a winning combination of low-cost houses (you can snag a three-bedroom for less than $150,000), easy access to the big city, and good schools.

Plus, Fishers is booming. Development abounds and fully 1,600 jobs were created here last year; major employers include Sallie Mae and medical device firm Roche Diagnostics.

True, Fishers will never put anyone in mind of a quaint New England village. But thanks to its myriad advantages, including lots of community spirit, residents aren’t complaining.  They have an amazing outdoor mall nearby, Hamilton Town Center, Geist Reservoir, a great place for boating, dining and recreation.

Fishers is a progressive community and strives to offer their residents the best it can offer such as the first comprehensive municipal iPhone app in the country! With this free and easy-to-use app you can do everything from your iPhone. Report potholes when you see them. Tell the Parks Department about high grass while watching your daughter’s softball game. You can have the entire Town of Fishers at your fingertips 24/7!

1. Selling low/Buying low – Most property values are down, the amount you lose is a loss on paper because when you buy your next property, you will be able to purchase that home at a discounted price.  If you make a smart decision and buy when the prices are down, when prices rebound in a few years, you will be in a good shape. For example, look at this gorgeous 2004 Indianapolis Monthly Dream Home located in Hamilton Proper that originally listed for $4.4 Million in April of 2006 and just took a price reduction of $1 Million dollars to a current list price of $2.3 Million.
2. Down-payment assistance is still available – While the only Zero down loan I am currently aware of is USDA financing, down-payment assistance programs are still available in our area.
3. Tax credits are still available – The $8,000 first-time home buyer tax credit and the $6,500 move-up credit are available where a binding sales contract is signed by April 30, 2010 and the home purchase is completed/closed by June 30, 2010.  There are also an array of energy tax credits available for home improvements.  If your appliances are outdated, check out the new “Cash for Refrigerators” program.
4. Talented real estate agents are available to assist you – Choosing your real estate agent is an important step in your home buying/selling process.  Check out their references/testimonials, ask friends and neighbors about if they have had experience with this agent.  Don’t be afraid to ask questions.

If you are looking to buy or sale, call the realtor that WORKS for you!  I incorporate by market experience and the latest technology to make your home buying/selling experience the best it can be!

Kim Carpenter “Kimsellsindy.com” – Geist/Indianapolis Real Estate Agent
Keller Williams Realty Indy Metro NE
Geist/Indianapolis IN Real Estate Website

sold@kimsellsindy.com
317-509-4000

]]> http://www.kimsellsindy.com/4-reasons-to-sellbuy-now/feed/ 0 http://www.kimsellsindy.com/12240-e-116th-street-fishers-in/ http://www.kimsellsindy.com/12240-e-116th-street-fishers-in/#comments Tue, 01 Dec 2009 20:32:40 +0000 admin http://www.kimsellsindy.com/indyrealestate/?p=1304 12240 E. 116th Street $179,900

3BR/2BA home with 2 car detached garage and a detached carport/shelter with fireplace, great for parties. Located on 1.96 acres and conveniently located in Fishers with easy access to the interstate. Home needs some plumbing repairs. Great opportunity!!! Possible Commercial Potential! Property being sold as-is!!!

Stonegate Mortgage recently hosted a seminars hosted by Indiana Housing and USDA for their loan officers and Cori Drudge came in today to pass along the info he learned.  There are many great programs available for buyers to take advantage of.

Indiana Housing Programs:

• MCC (Mortgage Credit Certificate)
• MSP (Market Stabilization Program – $15,000 Grant ) The MSP program is a federally funded program offering money for downpayment, closing cost, and or Rehabilitation on foreclosed homes only.
• First Home/First Home Plus Program
• To see if a home qualifies visit Indiana Housing Now

USDA Loan Program

• Rural Housing Direct Loans are loans that are directly funded by the Government.   These loans are available for low- and very low-income households to obtain homeownership.  Applicants may obtain 100% financing to purchase an existing dwelling, purchase a site and construct a dwelling, or purchase newly constructed dwellings located in rural areas.  Mortgage payments are based on the household’s adjusted income.  These loans are commonly referred to as Section 502 Direct Loans.
• Loan amounts are based upon the appraised value, NOT purchase price.  NO money down, No PMI, Repair escrows are allowed

The above programs do have specific qualifications:

• Minimum credit score of 620
• Income limit restrictions which vary by state

If are interested in learning more about any of these unique programs, please contact myself, Kim Carpenter at 317-509-4000 or sold@kimsellsindy.com

or contact Cori Drudge at 317-439-4495 or cdrudge@stonegatemtg.com

We at the Marchant Team strive to always be ahead of the curve and provide you with the most innovative tools to assist you with your real estate needs!  Whether searching the Geist/Indianapolis area, Fishers area, Carmel area or Noblesville area, we have you covered. Some of the services we offer are “One Call Get’s it All” and “Smarter Agent“, feel free to give them a try, they will make your homebuying process a lot less stressful.  Just call, e-mail or text me to get set up!!!

If you are interested in attending a “1st Time Homebuyer Class“, complete the form at this link and submit.  We will contact you with additional information.  We look forward to seeing you there and making your “Dreams Come True, One Home at a Time”.

I hope you enjoy these tools!   I love making dreams come true, one home at a time!

Kim Carpenter “Kimsellsindy.com” – Geist/Indianapolis Real Estate Agent
Keller Williams Realty Indy Metro NE
Geist/Indianapolis IN Real Estate Website

sold@kimsellsindy.com
317-509-4000

]]> http://www.kimsellsindy.com/great-financing-options-available/feed/ 0 http://www.kimsellsindy.com/great-lot-in-gated-fishers-community/ http://www.kimsellsindy.com/great-lot-in-gated-fishers-community/#comments Wed, 23 Sep 2009 02:52:25 +0000 admin http://kimsellsindy.com/?p=980 Check out my new listing, a .81 acre lot in the unique Fishers community of Barrington Estates!!!  The conveniences of the city living with the privacy of the country!!!  Located close to Hamilton Town Center with easy access to I-69.  Pick your custom builder and make your dream a reality!!!

First-time buyers: Act now for up to $8,000 from Uncle Sam.

But call me first so that you can get the representation you deserve!!!

• Today’s low rates plus Centex’s  low prices translate to low payments.
• With Centex your monthly payments could be less than what your clients are paying now.
• Centex offers fixed-rate loans with a low down payment.
• Plus, up to $60,000 in immediate move-in home savings.

Click the links below to find available immediate move-in homes in your clients desired area:

Brownsburg

Lake Ridge – Up to $30,000 in Savings

Single Family Homes

Carmel

Traditions on the Monon – Up to $30,000 in Savings

3-Story Low Maintenance Luxury Townhomes

Fishers

Fishers Pointe – Up to $30,000 in Savings

3-Story Luxury Townhomes

Intracoastal at Geist – Up to $45,000 in Savings

Single Family Homes at Geist Reservoir

Limestone Springs – Up to $30,000 in Savings

Single Family Homes

Limestone Springs Condos – Up to $10,000 in Savings

Low Maintenance Condominiums

Villages at Geist – Up to $60,000 in Savings

Single Family Homes

Franklin Township

Chessington Grove Designer Series – Up to $45,000 in Savings

Single Family Homes

Chessington Grove F&J Series – Up to $20,00 in Savings

Single Family Homes

Chessington Grove Lifestyle – Up to $22,500 in Savings

Single Family Low Maintenance Living

McCordsville

Emerald Springs – Up to $45,000 in Savings

Single Family Homes

Noblesville

Highlands at Stony Creek – Up to $25,000 in Savings

Single Family Low Maintenance Living

Zionsville

Hunter Glen – Up to $30,000 in Savings

3-Story Low Maintenance Luxury Townhomes

• Virtually anyone who purchases a primary residence through the end of 2010 is eligible
• Income limitations are lifted
• Waiver of repayment is extended

We have seen the impact that the original bill has made on the housing market and this could further boost the housing market but at what cost to future generations.  We need to be cautious!!

If you are interested in attending a “1st Time Homebuyer Class“, complete the form at this link and submit.  We will contact you with additional information.  We look forward to seeing you there and making your “Dreams Come True, One Home at a Time”.

Kim Carpenter “Kimsellsindy.com” – Geist/Indianapolis Real Estate Agent
Keller Williams Realty Indy Metro NE
Geist/Indianapolis IN Real Estate Website

sold@kimsellsindy.com
317-509-4000

Call the realtor that gets RESULTS!!! My 2009 statistics speak for themselves:

6407 Bayside S. Drive $128,500 – Offer accepted within 11 days

10255 Plantana Drive$149,900 – Offer accepted within 16 days

12102 Aldenham Blvd $160,000 – Offer accepted with 1st showing

8450 New London Ct. $259,900 – Offer accepted with 1st showing (2nd offer received within the first 24 hours)

9706 Hampton Circle North $259,900 – Not even listed, I approached the seller and SOLD it!

1831 Valley Brook Drive $190,000 – Offer accepted with the 1st showing

9702 Iroquois Ct. $385,000 – Offer accepted with the 1st showing

I can not stress enough the importance of staging and pricing your home right!!

We at the Marchant Team strive to always be ahead of the curve and provide you with the most innovative tools to assist you in your home search or the sale of your home!  Whether searching the Geist/Indianapolis area, Fishers area, Carmel area or Noblesville area, we have you covered. Some of the services we offer are “One Call Get’s it All” and “Smarter Agent“, feel free to give them a try, they will make your homebuying process a lot less stressful.  Just call, e-mail or text me to get set up!!!

If you are interested in attending a “1st Time Homebuyer Class“, complete the form at this link and submit.  We will contact you with additional information.  We look forward to seeing you there and making your “Dreams Come True, One Home at a Time”.

Kim Carpenter “Kimsellsindy.com” – Geist/Indianapolis Real Estate Agent
Keller Williams Realty Indy Metro NE
Geist/Indianapolis IN Real Estate Website

sold@kimsellsindy.com
317-509-4000

Offer accepted with the first showing!!!

www.9702iroquoisct.com

Own your own private sanctuary in the heart of Fishers!! Step into this hme & the possibilities are endless, from the spac flr pln to the extra garage & sprawling lawn, you will feel like you have your own retreat. Located at the end of a quiet CDS in Carefree Estates, the pride of ownership shines thru in this 5BR/4BA w/open flr pln & fnshd bsmt. Multiple living spaces, upgraded kit w/corian counters, sunrm & for DR lend themselves to entertaining. This home offers room for everyone!!