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Indianapolis, IN Real Estate News

Ever hear that little voice in your head say...nahhh, I can't do that, I don't know how, it can't be that easy, there must me some trick to it...etc. The bad news is that little voice never shuts up, and is never going away. But here is the good news...those people who succeed, acknowledge the voice, say "thank you for sharing" and act anyway. That is what is called courage. You are not your thoughts...just like you are not your arm, or your leg. Most people get stopped by their thoughts. Whether you are investing in Indianapolis foreclosures or looking for cash flow properties to fund your retirement, we show you how to quiet that voice step by step while holding your hand in the real estate investing process. And we guarantee when you buy a house from us or invest in us it will be sim...
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By Michael Taylor
(Red Door Real Estate)
Here is a look at what happened on the Indianapolis real estate market in January 2009 for homes under $500,000:   2008 2009 % Change Active N/A 7072 Homes Sold 689 529 -23% Average Selling Price $86,535 $78,116 -10% Days on Market 93 89 -4% Price Per Square Foot $53 $46 -13% It looks like 2009 is starting off with a continuation of 2008’s trends: market activity is way down and the average sales price is also down. We must also understand that this is a very broad look at the market as this report covers all homes in all price ranges in the city of Indianapolis. In addition, this report is not indicative of the overall metro Indianapolis market. I have not run the numbers yet, but I have a feeling that market reports of Carmel Indiana real estate and Fishers real estate will show some...
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By Jim Thomas, Private Real Estate Advisor For Fishers, Indiana
(RE/MAX Legends Group)
Have you had a client you can't get to respond try this email.   Good Morning Client,   I am sorry we were not able to meet yesterday.  Perhaps you’re not ready to undertake a move right now.  Perhaps you’re thinking about it for some time in the future.  If so, I understand.  May I make a suggestion?  When you are ready to talk about planning your move, you’ll know how to get your questions answered for free.  So please feel welcome to contact me when you’re ready.   On the other hand, if you feel I didn’t offer you a solution to your real estate needs, I respect your point of view.  If this is the case, our current business relationship might not be a good fit.  If you wish to pursue other avenues, please reply to this email and I will remove you from our call list.    Best wishes,   ...
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4 bedroom 1 bath house in a great neighborhood and school system. Cash flow over $300 per month. After repaired value $80K plus, avail of at our EZ price of $65,000. The home has been completely remodeled and we guarantee $750 per month in rent whether your tenant stays or goes. Cash on cash return of over 28 percent and a net worth increase of nearly fifty grand. Buy this house, and the income stream it provides, as a turn key cash flow property or let us package it with 5,10, or 15 others and build yourself a vehicle to replace your income now vs. later.
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By Erik Sale
(EZ Key Real Estate)
How to sell a house in a down market. Well selling houses these days seem to be the trick. Priced right or with the right terms houses are moving. Investors who know the opportunity that is abound right now...yes "right now" are jumping in. Those with the cash, credit, or creativity, and courage, know that now is the time to buy for cash flow and start building a portfolio today that will keep you from working tomorrow. Here is a great article from our friend and expert Wendy Patton. If you have not yet read her book on lease options, it is a must for your library. See our recommended reading list from http://www.amazon.com on our blog http://www.ezkeyre.blogspot.com/. We use her strategies every day for cash flow properties and our Indianapolis foreclosure investing. Selling in a Down ...
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By Erik Sale
(EZ Key Real Estate)
Well selling houses these days seem to be the trick. Priced right or with the right terms houses are moving. Investors who know the opportunity that is abound right now...yes "right now" are jumping in. Those with the cash, credit, or creativity, and courage, know that now is the time to buy for cash flow and start building a portfolio today that will keep you from working tomorrow. Here is a great article from our friend and expert Wendy Patton. If you have not yet read her book on lease options, it is a must for your library. See our recommended reading list from http://www.amazon.com on our blog http://www.ezkeyre.blogspot.com/. We use her strategies every day for cash flow properties and our Indianapolis foreclosure investing. Selling in a Down Market. What Can I Do? ©2009 by Wendy ...
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If you are like most people we try and get as much stuff shoved into a day as possible to feel productive. The more we get done the better the day. I ask you, are you fulfilled and satisfied by the work you get accomplished or the tasks that you tick off? Most people are not...it is just stuff to do, that gets us through the day or to a place we can REALLY do what we want. What if by making a slight shift in how you relate to and fill your calendar could change your entire experience of your day, yourself, and what you are capable of? * Begin by filling your Calendar with Happenings that get at the source and heart of what you're after in life - at work, at home and at play. When you write them, do you have the experience that they will alter your behavior when you act upon them? (most ...
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By Cindy Marchant, "Cindy in Indy" , Realtor, Fishers Real Estate
(Keller Williams Indy NE 317-290-7775 www.marchantteam.com)
Snow 1/28/09;  Guess I won't be showing anything today...car is buried!
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By James Schregardus
(Indianapolis Goodfaith Management)
Moving Into Your New Home A new home! It has a certain ring to it, doesn't it? Does the thought of moving into a new house (or new to you) conjure up thoughts of much work and stress? Think of it this way, just one last hurdle...then you can rest and relax in your new home for years to come! We've put together the following moving checklist to help you keep your thoughts organized during the move into your new home. If there's anything we haven't thought of, please let us know!   Moving Checklist 2 Months Before Moving You Can... ______  Start a "Move" file for all your receipts, estimates and invoices.   ______  Check with your CPA to see what expenses are deductible on your taxes.   ______  Budget for moving expenses and get quotes from reputable movers.   ______  Research your new co...
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By James Schregardus
(Indianapolis Goodfaith Management)
If you are unable to make your mortgage payments, you may be asking, "Should I sell my house fast?" We buy homes in Indianapolis, Indiana and here's why we think you should sell your house fast:     Avoid the hassle and high cost of using a realtor Don't pay the mortgage while the home in vacant Don't waste time dealing with rehab and repair jobs on your home Avoid the trouble of leasing out your home Get out from under the burden of high mortgage payments Say goodbye to the headache of foreclosure Move on with your life, credit with your credit intact Don't worry about property tax payments Click here to learning more about Indiana Real Estate.
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By James Schregardus
(Indianapolis Goodfaith Management)
If you're moving out of your home because of financial difficulties, you may be more interested in renting a home for a while as you get back on your feet. We've created this page to help you get to find a rental home in Indianapolis.   Steps for finding a rental home Decide where you want to live in the Indianapolis area. Be prepared, rental homes often require extensive applications. Decide on the terms you will agree to. Review the lease carefully. Prepare to pay a deposit of at least the first month's rent. Make sure the rental home accepts pets if you have animals. HOW TO FIND A RENTAL HOME Finding a rental home is easier when the real estate market is down, but you still may use the following resources as ways to find the right rental property for you: Internet Searches (Craig's L...
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By James Schregardus
(Indianapolis Goodfaith Management)
How to Stop Foreclosure If you are in a bind and unable to make your mortgage payments, you may be in danger of foreclosure.   Sell Your Home. You can sell your home to an investor or regular home buyer. Selling your home will eliminate your financial problems and take away your responsibility for making the mortgage payments.   Consider a Short Sale. A short sale is a good option if you owe more on your home than it is worth. The short sale may negatively impact your credit, but it won't be as bad as a foreclosure. You can also negotiate to get your lender to cooperate on the short sale, a process considered "pre-foreclosure redeemed."   Sign a Deed-in-Lieu of Foreclosure A Deed-in-Lieu of Foreclosure is when you deed the home back to the lender. This process occurs when the homeowner ...
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By James Schregardus
(Indianapolis Goodfaith Management)
  Are you looking to sell your house fast to avoid foreclosure? If your home is in the Indianapolis area, we want to know about you. We buy homes in the Indianapolis area quickly, helping you to get on with your life.   There are many reasons why you may want to sell your home quickly for cash. The biggest reason of all being the current housing market crises. You are not alone. Many people are facing foreclosure and even bankruptcy. We are here to help you by paying cash for your home, and getting you cash for your home quickly.   Why you may need to sell your home fast: You may be facing bankruptcy or foreclosure Job loss / unexpected unemployment Sudden illness or medical emergency Death in the family Divorce / loss of second income Excessive debt obligations Job demotion or promotio...
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By James Schregardus
(Indianapolis Goodfaith Management)
If you are selling your home and thinking of renting an apartment, the following Indianapolis Apartments may be suitable for you.   Fountain Parc Apartments & Townhomes 4912 Whitton Place, D Indianapolis, IN 46220 317-253-4205   The Van Dyke Apartments 1229 North Pennsylvania Indianapolis, IN 46202 317-488-8800   Murphy's Landing Apartments 6909 Murphy Landing Lane Indianapolis, IN 46217 317-881-7796   Chapel Hill Apartments 7452 Bentley Drive Indianapolis, IN 46214 317-271-7277   The Brockton Apartments 5778 Brockton Drive Indianapolis, IN 46220 317-253-3456   Riverbend Apartment Homes 8850 Riverbend Parkway Indianapolis, IN 46250 317-577-5858
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By Michael Taylor
(Red Door Real Estate)
Since foreclosures are such a hot topic right now, I thought I would share a few statistics about the Indianapolis foreclosures market: - There are currently 587 foreclosures and bank owned homes for sale. - The average asking price for these is $69,291. - There are currently 336 pending foreclosures with an average asking price of $53,877. - In the past 12 months, 3117 bank owned homes have sold in Indianapolis. - The average sales price for the past 12 months was $53,877. As you can see the foreclosure market in Indianapolis is substantially below the average for the rest of the Indianapolis real estate market. Another factor that is not considered here is Indianapolis short sales. A short sale is when the owner has fallen behind on the mortgage and they owe more than the house is wo...
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Here is look at what happened for homes in Pike Township Indianapolis under $500,000 for December 2008:   2007 2008 % Change Active N/A 627 Homes Sold 56 60 7% Average Selling Price $121,670 $85,043 -30% Days on Market 91 93 2% Price Per Square Foot $67 $50 -25% It looks we have a case where a single month can be misleading. The average sales price was down by far the most this year, posting a 30% decrease over last year. In addition, the number of homes sold appears to be up 7% over last year. Both of these numbers are contrary to what has happened the rest of the year in Pike Township real estate. At the year’s end, we saw an average of 17% fewer homes being sold and an 8% decrease in average sales price since last year. As you can see, December’s numbers are way off the averages for...
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By Erik Sale
(EZ Key Real Estate)
The 10 with the lowest risk for lower real estate values were Denver; Indianapolis; Cleveland; Columbus, Ohio; Charlotte, North Carolina; San Antonio; Pittsburgh and three Texas metro areas: Houston, Fort Worth and Dallas, according to the survey. Check out Bob Irvy at Bloomberg and what he has to say about Indy and the rest of the country. http://www.bloomberg.com/apps/news?pid=20601087&sid=aov5kTvfFfAU&refer=home  
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Here is a look at what happened for Washington Township homes in Indianapolis under $600,000 for December 2008:   2007 2008 % Change Active N/A 1086 Homes Sold 102 96 -6% Average Selling Price $148,456 $135,657 -9% Days on Market 86 97 13% Price Per Square Foot $84 $75 -11% No big surprises here for December in Washington Township; the average sales price was off by 5% while the number of homes sold was down 6%. This make the end of year numbers for Washington Township a decrease in the number of homes sold by 20% and a decrease in average sales price by 5% over last year. Overall, that is not so bad in this market. Despite tough times Washington Township remains among the most desirable in the Indianapolis area. Thanks to Broad Ripple homes and Meridian Kessler homes for sale, just to...
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