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Allen County : Real Estate Advice

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  • Home Buying1
  • Home Selling0
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Activity 192
Fri Feb 15, 2013
aperlich answered:
Hi Eric,

Saw that you may be looking for a home in Columbia City? We have a home that we are going to be listing in Churubusco which is approx 10 mi east of Columbia City. It is a very nice home on two acres, 6years old, custom built. If you have any interest let me know and I will give you more details. Thanks, Amy
aperlich@msn.com
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0 votes 1 answer Share Flag
Sun Feb 3, 2013
Natalie Lederle answered:
This home is no longer on the market :)
0 votes 2 answers Share Flag
Wed Jan 16, 2013
x asked:
We sold a home in that zip code and kept an eye on the market there merely out of curiosity. Other homes that had been on the market at the same time as ours now appear as "Listing…
0 votes 0 Answers Share Flag
Fri Dec 7, 2012
Sergio Reyes answered:
Consult your local Real Estate Agent.
0 votes 1 answer Share Flag
Thu Nov 15, 2012
Maria Cipollone answered:
With mortgage rates historically low and home prices down 30 percent, this a good time to buy if you can qualify for a mortgage loan. Contact a mortgage broker that can explore your financial options and advice you.

Best of Luck,

Maria Cipollone
Century 21 Tenace

www.Flahomesepcialist.com
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0 votes 6 answers Share Flag
Wed Nov 14, 2012
x answered:
Hi Allison,

I wish I could help you, but we have a similar situation in the same zip code. We put our house up for sale 4 years ago. In spite of its being priced by a very well-respected appraiser and making price reductions, we not only did not sell it, but we got very few showings as well. The agent came highly-recommended and was a high-level producer. At that time, we nixed our relocation plans, accepted a job back in Fort Wayne, and took the house off the market.

This year, we accepted a job out of state. We put the home back on the market this past spring. After several months, we went ahead and moved, but the home still has not sold. It is a very nice, well-constructed home, has been taken care of, and is in a very nice area. The price is now $15,000 below what it cost us to build it 12 years ago!

While there aren't many homes for sale in this zip code, we are aware of three others that were on the market at the same time ours was in 2008, are back on the market now, have made price reductions, and are still for sale.

Our agent is puzzled by the results and thinks that the school system could be a factor as to why we have not gotten very many showings. I hope that you will keep us posted with any marketing strategies that you try and how things progress for you. We wish you the best!
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0 votes 5 answers Share Flag
Wed Nov 14, 2012
x answered:
Strongly consider renting. First of all, you are going to throw money away on interest payments. Don't forget to factor in closing costs such as loan origination fees and closing costs that you will have to pay when you sell. Factor maintenance costs, too.

If you hire a listing agent when you go to sell, prepare to pay up to 7%. Property taxes are another consideration. You need to assess your own situation to determine how much not having a mortgage deduction will affect your income taxes. But all things considered, the housing market here would have to improve drastically for you to break even. Ask yourself if you want to take the risk of the house not selling or of ending up with a loss.

No one can offer any assurance that home values in the area will even remain stable, let alone increase. I don't have a product or service to sell; I just want to help others with lessons that we learned the hard way!
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Wed Nov 7, 2012
Scott Straub answered:
Matt,

The first one that comes to mind would be Canterbury Green. It is rather large, and was populated well with younger people. Not sure what the mix is, but probably a pretty safe bet. Feel free to give me a call if I can be of further assistance. Thanks! ... more
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Fri Oct 26, 2012
joesmitha answered:
maybe you should find out more on the question and see if the count(allen) paid to have it fixed back in the 1990s.
0 votes 1 answer Share Flag
Wed Oct 3, 2012
visitor answered:
Canterbury School has the best preschool; also check out Pine Hills Learning Place on Coldwater Road. I have had my children in both of these and was very happy with them.
0 votes 7 answers Share Flag
Mon Sep 10, 2012
Julia M. Bellucci answered:
Hi Yamara, There are 3 reasons that a property doesn't sell; wrong price, bad condition and poor marketing. Take a look at these 3 areas with your Realtor and see where the problems lie, then make adjustments. If the condition is poor, you may need to lower your price or pretty it up with some fresh paint.

Perception is everything, if you can give the place a fresh coat of paint and shampoo the carpets it might make a huge difference, then take new photos. Make sure you have good curb appeal and show photos of the surrounding amenities, eg park , restaurants etc...ask yourself why would someone want to buy your home? Staging works and it doesn't have to be expensive (I'm the owner of a Staging company - Focal Point Designs, in VA), remember the 3 staging rules, clean, declutter and depersonalize, if the property is still lived in.

As to the market, have your agent do a broad market search, not just looking in your own neighborhood. Buyers are looking around your subdivision, not just in one place. Take a look at the sold in the past 60-90 days to get a more accurate picture of what the market is doing...

I hope this helps some.
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0 votes 6 answers Share Flag
Tue Sep 4, 2012
Sheri Ricketts answered:
I've recently moved out of the Willows of Coventry apartments, which are located in Southwest/Aboite Fort Wayne and in the Aboite Elementary school area. They are very nice units and do offer short term lease options. There are a few more apartment options in the area as well. Feel free to give me a call with any Southwest living questions, or if you would like a map of the school zone areas. You may reach me best at (260) 479-9952, or sricketts09@gmail.com. ... more
0 votes 2 answers Share Flag
Thu Aug 23, 2012
Edward D. Tobey answered:
Go to www.annualcreditreport.com and print out your report from one of the 3 credit bureaus.
Bring it with you and show it to the landlord or his agent. If the report is satisfactory it could
give you an advantage and save some time.If it is not good, expect to be turned down so you'll need
to work on it.
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0 votes 3 answers Share Flag
Sun Jul 22, 2012
Annette Lawrence answered:
ISC,
HomePath is an excellent option to snag a great value.
As you have observed, these homes are placed on a scheduled price reduction program. The price will be consecutively reduced until it sells. Your real estate professional will be able to advise you regarding the reduction intervals.

You need to complete a comprehensive analysis of what you believe the property is worth in it's present condition. This number will very likely be the very same number all the other potential buyers have calculated also. The consequence of this is the home will sell for 15% above this value.
Too many HOMEPATH buyers don't grasp this sufficiently early and watch as some great homes get purchased by others.

If the current price is 40% above the calculated value, you can anticipate another reduction, but if you wait for the price to drop 40%, another buyer will purchase the home with only a 30% reduction. Fear of overpaying often becomes a road block to a truly great deal.

Best of success in your home purchase,
Annette Lawrence, Broker/Associate
Remax Realtec Group, Palm Harbor, FL
727.420. 4041

Chat with me on: www.RealEstateMadeEZ.us
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0 votes 2 answers Share Flag
Wed Jul 18, 2012
answered:
Try realtor.com or get set up with a good realtor. I am not a realtor but anyone you feel comfortable with can help you out. Most of the people who post on here are solid referral sources. ... more
0 votes 7 answers Share Flag
Sun May 20, 2012
Christopher Spurr MBA answered:
That would be a GREAT question for the Fort Wayne Police Department (FWPD)

www.unitedsells.com
1 vote 2 answers Share Flag
Thu May 3, 2012
Jenn Tippmann answered:
As fun as it isn't, it will help you in the long run to build up your credit. I work with some really great, easy going lenders who will guide you in the process.
0 votes 13 answers Share Flag
Sat Apr 14, 2012
Jody Gugelman answered:
Ron,

FYI, here is a link to the homes in Canal Ridge that have been active, pending and sold in the past year. Just copy & paste the link into your browser to view the listings. Let me know if you would like additional information.

Thanks for your inquiry.

http://upstarmls.paragonrels.com/publink/default.aspx?GUID=6f86ce0b-0074-4d9e-a0c9-2ea93a08d7c4&Report=Yes

Jody Gugelman
MIKETHOMAS ASSOCIATES
260-486-7670
calljody@gmail.com
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