David Allen

Brownsburg is still a good area and lots of homes are still selling there. One of the best pieces of advice I can give you is make sure your home looks like a model home when it is being shown. We are seeing great looking and well staged homes sell and the messy smelly homes with pet hair and uncleaned kitchens and bathrooms sit on the market for a very long time. Make your home the shinny nickel that a buyer will remember. We offer guaranteed sales as well as several other great agents in the area. If you would like to see our guarantee program you can contact me at davidallen@remax.net - Sat May 10 2008, 05:38

We have noticed that several builders will now negotiate price where not so long ago they were very fixed on their prices. There are also some custom builders who have lost their homes because they have set on the market so long without selling. So it depends on where you are looking and what price range as to the price we can negotiate. If you would like to find out more about which builders we have been successful negotiating with you can contact me at davidallen@remax.net. - Sat May 10 2008, 05:33

If you have reason to believe that your loan balance is in deed 80% of your homes value you can ask your lender to remove the PMI. As suggested by other agents you can have a Realtor provide recent sales in your area to help you determine if you are close to this value. We have an appraiser on our team that could actually provide an appraisal if you are close to that magic number that you could present as evidence to your lender. I would contact the lender first to see what they will need from you to initiate this process. - Sat May 10 2008, 05:26

I hear this question from buyers almost daily. The asking price has nothing to do with what to offer. If you are working with a Realtor have your agent help you determine the value of that home based on recent sales in the area. Some sellers are actually pricing their homes where they should sell while others are pricing their homes way over market value. So to say there is a general rule of thumb would be giving you very bad advice.
For example: What if a home was really worth only $40,000 but the seller found an agent that would list the home for $1,000,000.00? Would you offer them say 93% of the asking price or rely on market data? Then on the other hand if a home were priced at say $450,000.00 but other homes just like it were selling for $460,000.00 you might want to offer a little more than the asking price if you want a chance to buy it. This is a stratigy we are seeing in this market. Sellers and agents from time to time will price a home low in order to cause several buyers to bid on the home and drive the price up to market value vs listing high and then resist low offers.
Have you had your Realtor pull recent sales in the area for you?
Good luck finding your new home! - Sat May 10 2008, 05:21

Tryhttp:// www.IndyRepoList.com. It is a great site! - Fri May 9 2008, 12:44