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Andrew Neal's Blog

By Andrew Neal | Agent in Carmel, IN
  • How To Deal with Multiple Offers as a Buyer

    Posted Under: Home Buying in Indianapolis, Home Selling in Indianapolis  |  December 14, 2013 8:54 AM  |  286 views  |  1 comment

    Imagine this, you begin your search online, and you find 5 perfect homes.  You call up your agent and go out on a Saturday morning to look at the options.  You fall in love with one of them, and have your agent write up a purchase agreement.   Once you sign it and have your agent submit the offer to the listing broker your agent hears from the broker that there are several offers on the table and the home has only been on the market 1 day!   This is not an uncommon scenario in the current market!  In Fishers, Carmel, Zionsville, and Geist, where I specialize in selling Real Estate I see this almost every week!   So what do you do?

    Most the time they ask you for your highest and best offer.   Have your agent run the numbers and if they specialize in the area they should be able to provide you with the value of the home.  Imagaine the home is listed for $400,000, but it’s worth $425,000.   Would you be ok with paying $425,000 for a house priced at $400,000.  Well the answer is if you really want the house pay market value for it and as long as no one overpays you will get the home.  If you are unwilling to pay over asking for a home then you may not get it!   Many people are paying over asking right now and the good thing is your lender will have an appraisal to justify the value. If you offer too high and the value comes in lower the owners will more likely be willing to negotiate down to the market value unless they have a cash offer higher then the market value!   Be aggressive, don’t overpay, but don’t underpay!

    Second, make sure to make your offer clean.  Have your agent figure out with the other agent what the ideal closing time is with the seller. Is it today or is it 60 days from now?  If you match what the seller wants in terms of closing date this could help you offer significantly.   Do not add any contigencies such as a home to sell, sellers do not like to see this.  Pay your own closing costs, many buyers ask seller to pay their closing costs and if you pay your own it looks much cleaner and you are possibly a more financially sound candidate!

    Feel free to contact me anytime to speak about this situation in more detail.   If  you are not winning in bidding wars and you cannot figure out why I am able to help! We may be able to offer you some great advise on how to get you the home of your dreams!

    Andrew Neal, RE/MAX, 317-371-8133 or andrewneal@Remax.net

    Northside Indy, Fishers, Carmel, Zionsville, and Geist Expert Award Winning Realtor

  • Why Carmel, Indiana is a Great Place to Live

    Posted Under: General Area in Carmel, Home Buying in Carmel, Home Selling in Carmel  |  December 14, 2013 8:49 AM  |  313 views  |  No comments
    As a specialist in selling Carmel, Indiana Real Estate for the past 8 years, I have had many people who are moving from out of State tell me that they keep hearing that Carmel, Indiana is the town to live!  Here are a few reasons why I love Carmel, and I think you should to when considering where to move in the Indianapolis area:

    1) Ranked #1 Town to Live in U.S. by CNNMoney in 2012

    2)Only a short commute to Downtown Indianapolis(20-30 minutes).  Being the bordering suburb to the North of Downtown Indianapolis, Carmel provides easy access to all the city has to offer and makes it an easy commute to work for it’s residents.

    3) #1 Ranked School System-  Carmel has consistently been ranked the #1 public school system in Indiana.

    4) Beautiful Downtown-   In the past few years, the city of Carmel has completely redone downtown Carmel to make an amazing place to work, eat, and play!

    5)Great Recreational Areas-   The Monon Trail goes North and South through Carmel which makes it a great trail for biking, running, and walking!   The Monon Center in Central Park in Carmel is a great place to workout, swim, and play!

    6)Affordable Real Estate and Luxury Properties-  Carmel is a very affordable town when you compare it to other great places in the United States, and Carmel offers homes ranging from affordable ranch and two story homes to mega mansions in gated communities.

  • Carmel Arts & Design District

    Posted Under: General Area in Carmel, Home Buying in Carmel, In My Neighborhood in Carmel  |  December 14, 2013 8:47 AM  |  307 views  |  No comments

    Carmel, Indiana, the immediate suburb to the North of Indianapolis, is a great city and the downtown is no exception.   The city of Carmel in the past few years has transformed it’s downtown into a great place to visit.    Downtown which is known as the Carmel Arts & Design District, offers great dining options such as Bub’s Burgers(home of the Big Ugly, Detour(sports bar), Bazbeaux Pizza, Muldoon’s, among many other options.  Nightlife includes Muldoon’s and Detour both friendly bars with outdoor seating.   The Monon Trail runs right through downtown which is a trail that runs from downtown Indianapolis all the way North of Carmel.   Many people ride bikes, run, and walk the trail!  There are several art studios, boutiques, antique stores, and other shopping opportunities among the district as well.   One of the focal points of the Carmel Arts & Design District is the Indiana Design Center where my office is located.    The Indiana Design Center is a variety of Interior Designers, Furniture Stores, and other stores pertaining to designing the interior of your home.   RE/MAX Ability Plus is the only  Real Estate office located within the Indiana Design Center.   We love working here and having easy access to all downtown Carmel has to offer, while being able to service all of our clients in buying and selling homes throughout Carmel.
  • Monon Community Center

    Posted Under: General Area in Carmel, Parks & Recreation in Carmel, Home Buying in Carmel  |  December 14, 2013 8:43 AM  |  333 views  |  No comments

    The Monon Community Center in Carmel, Indiana is a 146,000 sq ft. recreational, workout, pool center that is one of the nicest facilities in the State of Indiana.    I tell all of my clients who are considering living in Carmel about the Monon Center.  I am a member and love it!    The Monon Center offers a fitness center, water park, indoor pools, gymnasium, indoor track, meeting rooms, and so much more!   For an individual the rate is about $35 a month, and for a family of four it is under $100!   A great deal.   Childcare is available as well if you want to drop the kids off and enjoy a great workout!   If you are considering living in or around the Carmel area the Monon Center is worth checking out!
  • Geist Waterfront Boat Tours

    Posted Under: Home Buying in Indianapolis  |  December 20, 2011 6:20 AM  |  590 views  |  1 comment


    The Andrew Neal Group is proud to announce we will begin offering Geist Reservoir Boat Tours in May through October for anyone considering buying or selling a home on Geist Reservoir!   Geist is a beautiful Reservoir with many waterfront housing options from the 400′s up to the Multi-Millions!   If you are considering buying a home on Geist, trust your Geist waterfront experts to find the perfect home for you.  We can show you the best neighborhoods from Masthead to the Admirals to Cambridge by water!  We will show you where water levels are high and low, and show you the homes with the ideal water views.  Find out how long it takes to get  from the homes by water to your favorite Geist waterfront dining option Bellavita and the top yacht club on the lake Indianapolis Yacht Club.   Don’t just drive and look at homes, see the true side of the home from boat!   Experience the Geist Reservoir Life first hand by boat!  

    Go to Contact Us to Schedule a Tour Today!

    See all Geist waterfront homes for sale:  http://www.dealwithneal.idxco.com/i/9583/Geist_Waterfront_Homes

    *mortgage preapproval letter or proof of funds required for buyers to book tour

  • How to Buy Your First Home

    Posted Under: Home Buying in Fishers  |  December 9, 2011 10:47 AM  |  402 views  |  2 comments

    Buying your first home can be overwelming.    In our experience in representing many first time homebuyers we have developed a process that makes the process much easier.   We recommend you follow these steps when you are considering purchasing your first home:

    1)Choose the right professional Real Estate Agent-  Make sure the agent is experienced in representing first time homebuyers and specializes in the market you are looking in.  For example, we at The Andrew Neal Group specialize in Fishers and Geist Residential Real Estate.  First time homebuyers contact us if they want someone that knows the best neighborhoods, type of home, which builders to use, etc.    The best way to determine this is to interview the agent over the phone or set up a buyer consulation at the agent’s office.

    2)Get Preapproved for a Mortgage-   If you are going to finance your home one of the first steps is to call a Mortgage Broker or your bank to get qualified for a loan.  This is what we call getting preapproved.   You will be able to ask all the financing questions that you will have such as how much downpayment do I need, what interest rate, should I do a 15 or 30 year loan, and what is the monthly payment at certain price points.  Our Morgtage Broker John Murphy 317-679-8015 can speak with you over the phone or meet with you for a very short and informative consulation.  The mortgage broker runs your credit and asks qualifying questions.  The broker will then email you and your Realtor a letter saying you are qualified for up to a certain amount of loan.  

    3)Research Properties Online-   Go to websites such as www.Realtor.com, www.Zillow.com, and www.DealwithNeal.com  , to get an idea of what you are looking for and to figure out what you can get for the money.  This way you will be much more informed once you meet with your Real Estate Agent.

    4)Setup a Time to View Properties For Sale-   With a list of properties compiled by you and your agent, you will be all set to go look at the best options available.   Take your time give yourself a morning or afternoon so that you don’t have to rush through the properties.

    5)Take Notes-   We recommend you take notes on each property you look at.

    6) Narrow Down the Options- Pick the best 2 or 3 and inform your Realtor you would like to go out and see the homes for a second time.    This is the best way to take more time in your favorite properties and pay attention to details which you may have missed during the first showing.

    7)Making an Offer to Purchase-  Once you have selected your favorite options have your agent run comparable sales(comps.) to figure out the market value.  Make a fair offer under market value and have your agent negotiate the best terms.

    8)Order an Inspection-   Have your agent recommend 2-3 inspection companies and have an inspection.  Once you get the report, demand the major items to be fixed by the seller.

    9)Do a Final Walk-Thru-  This is very important and should be done one or two days before closing.  Go back through the house with your agent and make sure all the items are fixed and the home is in the condition that you purchased it in.  This will protect you in case the seller has neglected it or has taken the refrigerator. 

    10)Closing-   You will go the title company and sign all the paperwork.  After you have done this the house is yours! Congrats!

    Following these steps will help your process be as painless as possible and will help you get the best house for the best price.   If you are looking in the Fishers, Indiana or surrounding areas and would like us to represent you feel free to fill out the contact form on the right hand side or call us at 317-814-5530.

  • Broad Ripple

    Posted Under: General Area in Indianapolis, Schools in Indianapolis, Home Buying in Indianapolis  |  December 9, 2011 10:05 AM  |  515 views  |  No comments

    Broad Ripple, also know as “Ripple” to people who have grown up in Indy have and gone to Broad Ripple, is the center of Northside Indianapolis’s nightlife and dining!    There are many things to do in Broad Ripple making this a very attractive place to live for our first time homebuyers.   The dining options varie from high end steakhouses and italian restaurants to bar pub food.  Broad Ripple Village offers bars such as the Vogue, O.P.T.s, Rock Lobster, Landsharks, and the newly popular Brother’s among others!  If you like to meet friends for a casual drink or want to dance there is a nightlife place for you. On most nights you will find the streets and sidewalks crowded with mostly people in their 20′s and 30′s going between bar to bar making this a nightlife social hub of the Northside of Indianapolis.  The majority of the homes lie to the South of Broad Ripple Avenue and offer homes from under 100k up to 500-600k with most being around 150-200k.   Below is an assortment of photos from Broad Ripple Village. If you are  considering moving to Broad Ripple give us a call at 317-814-5530 or email us at aneal@c21scheetz.com  and we would be happy to give you a tour and explain in more detail of the benefits of living in Broad Ripple!

     Click Link to see all Broad Ripple Homes For Sale-     http://homes.dealwithneal.com/i/9583/Broad_Ripple_and_Meridian_Kessler_Homes

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