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Home Buying in 46060 : Real Estate Advice

  • All18
  • Local Info1
  • Home Buying11
  • Home Selling0
  • Market Conditions0

Activity 11
Mon Oct 8, 2012
Marita Topmiller answered:

Most Realtors don't charge an upfront fee. There are some exceptions.
As someone mentioned below, limited service companies often charge
upfront fees. Some full service Realtors will sometimes charge an upfront
fee to a client who wants extra advertising above and beyond. For example,
you want your executive home to appear in the NYT or WSJ real estate
section - that's typically an add on. But it's all negotiable.

Remember, as someone else said below, though Realtors are putting in many,
many hours for free and absorbing hard costs as well, most homes sell as full
service listings without any upfront fees or add ons.

Thanks for asking and contact me if you'd like to speak about your home,

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Sun Oct 7, 2012
Julianne Jaensson answered:
Would be glad to help you find a rental if you can provide more information about how much you want to spend on rent. Just send me an email or call. Have you talked to a lender to find out how much you need to do to get your credit up? If you need a resource, I can help with that, too. ... more
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Sun Aug 5, 2012
Bill Eckler answered:

If you are considering purchasing a newly constructed home in a PUD, planned unit development it's unlikely that you'll be able to find a builder that is willing to discount their product. Since they ave a commitment to those people that have bought previously to not devalue their homes by discounting more recent construction. Many builders will offer other incentives to attract buyers without angering other owners. Lease backs, favorable interest rated, discounted or free upgrades etc. help new buyers by offering them more for less in this way.

We recommend that before making a commitment, you visit, collect information and stuty all of the builders offerings in your location. In this way you'll be able to compare the products and be prepared to negotiate based on your accurate knowledge background.

AND, you will find yourself in a much better position by working via your own personal agent, as opposed to the builder's sales representative.

Good luck,

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Fri Apr 27, 2012
Misti Ray answered:
If you wouldn't mind contacting me for a no pressure conversation I would be happy to do a search for you!
In the days of people owing more than fair market value on their homes rent to own or contract purchases are more common.
Call or email me & we'll get started on looking for that perfect home for you & your family!
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Wed Jul 13, 2011
Shanna Rogers answered:
Hi Ohnmarnyi,

There is no magic percent. Have your Realtor do a Comparative Market Analysis (CMA) using Sold comps within a 1 mile radius of the property (the closer, the better) that have Sold within the last 3 months. This will give you current market value and that is what you should base your offer on.

Good luck.

Shanna Rogers
SR Realty
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Fri Jan 15, 2010
Richard Lecinski answered:
You should try and get some kind of comps. Then factor in any repairs the building will need. Once you havean idea I would ceratin offer at least 10% less and see what happens. You should also figure out the monthly costs and income. Be sure you know what it will cost to own and be sure to allow for unrented units. ... more
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Sat Oct 10, 2009
Dan Baize answered:
Expect the unexpected, success of a short sale depends on type of loan,how many liens and much more. What else do you know about the property.
0 votes 4 answers Share Flag
Sat Oct 10, 2009
Robert Greenblatt answered:
"Reasonable" is a subjective term. You may offer $149,000, and the seller might be offended. Are you buying as an investment or as an owner-occupant? If it is an investment...are you flipping? holding? long-term or short-term? What are the terms of your financing? What are the values in the neighborhood? Think about the answers to these questions and base your offer on what the property is worth to you.

Robert Greenblatt
Keller Williams
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Thu Sep 17, 2009
Jon Hirschfeld answered:
I would suggest you get some factual market data regarding the area in which you are looking. Is the house over priced? I don't know, maybe they just reduced the home and it is priced correctly now. Typically Indy area homes are selling for about 96% of list price. Are there other factors that may affect the home? Dated, high traffic area, deffered maintenance? They would all play a role in an offer price. Good Luck! Jon ... more
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Fri Aug 28, 2009
Eric Karrfalt answered:
Full price will always get their attention. Seriously though, there are too many variables to give you a good answer. For instance, if it's located in an area of million dollar homes, $300k might be a steal. I have seen many distressed homes sell for quite a bit more than asking and had multiple offers. First establish who owns the home. Has it been forclosed or is it still owner owned or in a short sale status. This will help establish motivation of the seller. If it's forclosed, your in the last step of loss mitigation and the bank is going to get it off the books one way or another. Then you need to figure out what area homes are going for. THis should give you a benchmark of what this home would sell for in good condition. Use some estimating skills and back out all the needed repairs from your benchmark price. Then deduct some more for your time, efforts, labor and profit margin for buying a fixer upper. The arrived at figure should keep you from being upside down on the investment after work has been done, ... more
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