Do I Want Your Business?

Recently, a potential client asked me if I would help her purchase a home, noting that she had received my name from an employee at Angie’s List. I said, “Sure, I want your business!” She then commented that she had read about me on my website, that I have been married for many years and that her lifestyle might change…

The Appraisal Nightmare

I recently listed a home for $424,900 and within six days, there were two offers on the home. I told the buyer agents that I had two similar offers and that my clients would be accepting the best offer. Within 24 hours, the offers arrived and my client accepted an offer of $416,000. Three weeks later, the appraisal came in…

Macro-level Home Price Statistics Provide False Hope

I have to shake my head when I read the home price statistics each month. Personally, I think macro home pricing statistics are meaningless. Whether or not the price goes up or down in a market area is basically useless information. Allow me to explain… Home pricing is about microeconomics, not macroeconomics. In other words, it is most useful to…

Dealing With an Underground Storage Tank in a Residential Real Estate Transaction

For the past couple of weeks, I have been working with a client who is purchasing a property with an abandoned underground oil tank. My client is from the East Coast where the laws are pretty strict on this sort of matter. Therefore, she was especially concerned about the underground storage tank. I did some research and here is what…

Spring Home Sale Planning Begins in the Fall

If you are planning on listing your home for sale next spring, the beginning of fall is the best time to ensure you have good curb appeal for the prime spring selling season. I want my Brownsburg, Zionsville, Carmel and the rest of my Indianapolis-area clients to know that curb appeal is still critical to get people into your home…

A Good Question From a Curious Teenager: Who Chooses the Home Inspection Company?

Recently, I was showing homes in Brownsburg, Indiana to a couple with a curious 14-year-old daughter. The daughter asked me a question that I found interesting coming from somebody so young, yet it’s a common question for Realtors. She wanted to know who would chose the home inspector if her parents purchased the home. I told her that her parents…

Allowances vs. Repairs or Replacement

I recently listed a home for a client who asked me this question, “We can’t decide which we should do – replace the carpet or give an allowance to the buyer.” The answer is easy – replace the carpet. Why? Here are two reasons. The first reason to replace the carpet is it will help sell your home. Imagine a…

Criteria for Refinancing Your Home Loan

“Should I refinance my loan?” I get this question over and over from my real estate clients all over the Indianapolis metro area including the outlining communities of Brownsburg, Carmel and Zionsville. The answer is pretty easy and it depends on three things: Is the current interest rate at least one point lower than your existing rate? How long do…

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