Let's Talk About It

Yes, we are in a buyer's market when it comes to purchasing real estate in the central Indiana area, we are and typically, always have been.

Yes, there are a large number of foreclosed properties on the market. What you don't see is how quickly the good ones are selling. I work with "regular" buyers and investors. When a decent foreclosure comes on the market, we look, they drag their feet, even a day or two, and when we do put an offer together, we find the home has multiple offers. I have experienced this way too many times.

Come on buyers and investors...where is your sense of urgency? Do you think you are the only one looking at this particular property? If it fits what you are looking for, make an offer now and make a reasonable offer, not one that is low "just to see how the bank responds". You do this now and you missed your opportunity.

Get real and act quickly and act reasonably.

I live on Indianapolis' east side and drive to and from downtown Indianapolis via East Washington Street, Michigan Street, New York Street and East 10th Street. My wife spent much of her childhood living around the Willard Park area.

In the recent past, this area was an area that you really didn't want to have to walk through, even during the day due to the drug and gang activity. I have recently been showing some property in this area and I am beginning to see a rebirth of the area

Indianapolis is hosting the Superbowl in 2012 and the City of Indianapolis along with many for profit and non-profit organizations have pledged millions of dollars to improving and revitalizing this area. I have shown several properties recently near Tech High School and I am excited to talk to the neighborhood organizers and residents alike and feel the energy they are feeling.

Just looking at some of the plans and concepts is exciting enough; The NFL quality practice facility that will be built on the Tech campus, the redevelopment of the PR Mallory site and Sherman Commons just to name a few.

Read more about NESCO here and look at the plans and the quality of life plan here. As a Realtor, I would love to be able to say 5 years from now that I had a small part in bringing homeowners back to this area to live, work and play safely.

Contact me if you would like to see what is available and see some of the work already being done.

I had one of my lender partners contact me today to let me know he has joined a broker coop that has allowed him to have access to some pretty good mortgage options.

He claims to be able to get a buyer with a credit score as low as 530 financed for a FHA loan.

He also does VA and USDA (Rural Housing) loans. Call me or email me if you have been sitting on the fence because you have been told your credit scores are too low to buy a home today.