Are you a first time homebuyer? Feeling the process is a little scary?

admin — Fri, 10 Jul 2009 19:44:19 +0000

We at the Marchant Team of Keller Williams understand how overwhelming the process can be.

How much money to I have to put down?
What is my monthly payment going to be?
Do I qualify for the $8000 tax credit and how do I get it?
What is a home inspection and who pays for it?
What are closing costs and how much do they run?
What does my credit score need to be in order to qualify for a mortgage?
How do I benefit by having a real estate agent represent me?
Do I need an agent if I am buying a spec home from a builder or building a new home?

You can get the answers to those questions and many more at our “1st Time Homebuyer Class“, on July 25th from 11am – 12:30pm at our office located at 11800 Exit 5 Parkway, Suite 102 in the Exit 5 Business Park just East on 116th from I-69 where we will have a well qualified lender, inspector and realtors to answer your questions.

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! 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.

If you are interested in attending this “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

Let's rally and boost the real estate market!!!

admin — Wed, 10 Sep 2008 12:03:03 +0000

Yes, there are a lot of homes on the market but this market also offers many opportunities!

For those buying their first time home, you can purchase a home at a very competitive price, keeping in mind, you need to have good credit & some money saved for a downpayment. The days of 100% are nothing but a memory, making homeownership more of a privlige. instead of a right!

For those of you wanting to move up, what a great time!! Yes, you may have to take a liitle less for your home but you can also buy your dream home for less also!!!

Local real estate market hopes for fed’s help

Rich Van Wyk/Eyewitness News

Indianapolis – A credit crisis still faces home buyers across Indiana even after the government promised to bail out the companies that own about half the home loans in the nation.

However, there are signs of help coming to the real estate industry. Thirty-year fixed rate mortgages dipped three tenths of a point. That’s encouraging to a market eager for good news.

It’s been a brutal summer for real estate. Indianapolis area home sales fell 21 percent from last year. Average sales prices are down four percent, according to the Metropolitan Indianapolis Board of Realtors.

In ten months, the Slicks lowered their price three times.

“Probably four or five couples came in and out,” said Claire Slick.

Is that disappointing?

“Yes, in a word,” said Harry Slick.

Federal intervention could help revive the ailing housing industry. Together Freddie Mac and Fannie Mae hold about half of all the nation’s home mortgages. A federal rescue could bring billions of dollars to the cash strapped real estate industry, making it easier for buyers to borrow money.

“It is a big deal for the housing industry,” said Ron Dow, business professor at the University of Indianapolis.

Dow sees buyers with good credit getting good loans. “That audience today still thinks they market is very tough. I better sit tight,” he said. ” But in reality that is going to free things up. It’s going to be a huge help.”

That help could begin improving home sales by late fall.

Still reeling from a foreclosure crisis spawned by high risk mortgages, lenders are likely to be more cautious about buyers with poor credit histories.

Dow describes them as “individuals with a couple of job losses and some credit challenges, folks who haven’t paid their bills. ”

He says those people will still have a tough time borrowing the money to pay for a house.

Kim Carpenter, Indianapolis Realtor » 1st time homebuyers

Are you a first time homebuyer? Feeling the process is a little scary?

Let's rally and boost the real estate market!!!