All posts categorized under ‘Real Estate Perspective’

Make a comment.

Off and Running

Posted on January 3rd, 2010 by Richard. Categories: Market Conditions, Real Estate Perspective.

 

Having a new year has some great benefits. The best one might be that you can leave last year’s baggage behind and start off with a clean slate. A lot of people would probably like to do that with last year. It’s going to be interesting to see how 2010 unfolds. Each one seems to have a distinct personality. It feels like there is even more of a change because it’s

Make a comment.

Smart Improvements

Posted on December 17th, 2009 by Richard. Categories: Real Estate Perspective.

I once was provided a report that ranked home improvements comparing the return that one would get back comparing dollar spent to dollar received if someone were to do the improvement and then sell the home afterwards. Different areas of the country and different cities had different results. Some areas had higher returns for certain improvements while other areas had lower numbers than ours. Here’s what it said about the Indianapolis market. If one were to do a bathroom

Make a comment.

Mistaken Identity

Posted on August 27th, 2009 by Richard. Categories: For Home Buyers, For Home Sellers, Real Estate Perspective.

I’ve been showing homes to a buyer-client lately. We looked at about everything available now on the market through the BLC (Broker Listing Cooperative) that was a close match to what they were looking for. And still they just can’t find the right home yet. So I suggested that if there were any homes For Sale By Owner in the area they were interested in, we shouldn’t overlook those as possibilities.

Make a comment.

Mortgage Survey

Posted on August 22nd, 2009 by Richard. Categories: For Home Buyers, Real Estate Perspective.

One of first things that a Buyer should do when they begin looking for a home is make sure that they are pre-qualified for a loan. This gives them an idea of the price range to concentrate on when looking given the payment level they feel comfortable with. During the pre-qualification process they should also receive a Good Faith Estimate from the lender which itemizes the costs they should expect to run into

Make a comment.

What Do Those Letters Mean?

Posted on August 7th, 2009 by Richard. Categories: Real Estate Perspective.

Over the years, I’ve had a number of people ask me what the letters CRS mean after my name on my business cards or web site. I remember once a client said to me, “I don’t know what those CRS letters mean after your name, but thought it must mean you are good at something”. I remember chuckling and saying something like…”Good! …that’s the reaction they are supposed to get”…and then giving

Make a comment.

How’s Business?

Posted on July 20th, 2009 by Richard. Categories: Market Conditions, Real Estate Perspective.

“So…How’s business?” I hear that question a lot from friends, clients and people I meet that learn that I’m a Realtor. Some ask this question with real concern in their voice…like they feel real empathy for me and anticipate I’m going to answer that business is just awful. I smile usually and say something like “well…business is OK…not terrific like we were all used to in record years a couple

Make a comment.

Rehabbing for Profit

Posted on July 12th, 2009 by Richard. Categories: For Investors, Real Estate Perspective.

The idea is simple. Find a home that’s offered at lower than market price and needs some fixing-up…buy it…put some work into it…and flip it for a quick profit. With all the stories about foreclosure and bank repos, one would think there would be a ton of them out there that would work. The trouble is, there really are only a few homes that fit the correct model.