July 1, 2016

Independence Day Facts

Thanks to our great friends at Meridian Title Corporation for this great information. We hope everyone has a safe and fun Holiday weekend! 

Posted in Holiday
May 17, 2016

7 Reasons for Owner's Title Insurance

 
BUYING A HOME IS AN EXCITING AND EMOTIONAL TIME FOR MANY PEOPLE. 
TO HELP YOU BUY YOUR HOME WITH MORE CONFIDENCE, MAKE SURE YOU GET OWNER’S TITLE INSURANCE. 

HERE’S WHY IT’S SO IMPORTANT FOR YOU.

1. PROTECTS YOUR LARGEST INVESTMENT

A home is probably the single largest investment you’ll make in your life. You insure everything else that’s valuable to you—your life, car, personal property, health, pets, jewelry, etc.—so why not your largest investment? For a one-time fee, owner’s title insurance protects your property rights for as long as you or your heirs* own the home. 

2. REDUCES YOUR RISK

If you’re buying a home, there are many hidden issues that may pop up after purchasing it. Getting an owner’s title insurance policy protects you from legal title discrepancies. Don’t think it will happen to you? Think again. Here are just some of the many situations that you’ll be protected from if you have owner’s title insurance.*

Unforeseeable title claims, such as:

FORGERY: making a false document – For example, the seller misrepresents the identity of the person selling the property. 

FRAUD: deception to achieve unfair gain – For example, someone steals your identity and either sells your house without your knowledge or consent, or takes out a second mortgage on the property and walks away with the money.

CLERICAL ERROR: inconsistent paperwork and historical records – For example, an unforeseeable discrepancy in the property or fence line causes confusion in ownership rights.

Unexpected title claims, such as:

  • Outstanding mortgages and judgments, or liens against the property because the seller didn’t pay required taxes
  • Pending legal action against the property that could affect your ownership
  • An unknown heir of a previous owner who is claiming ownership of the property

 

3. YOU CAN’T BEAT THE VALUE

Owner’s title insurance is a one-time fee that’s very low relative to the value it provides. 


4. COVERS YOUR HEIRS*

As long as you or your heirs* own your home, owner’s title insurance protects your property rights.


5. NOTHING COMPARES

Home insurance and warranties protect only the inside and the exterior of the home. Getting owner’s title insurance ensures your family’s property rights stay protected.


6. 8 IN 10 HOMEBUYERS AGREE

Each year, more than 80% of America’s homebuyers choose to get owner’s title insurance. 


7. PEACE OF MIND

If you’re buying a home, owner’s title insurance lets you rest assured, with the knowledge that you won’t be stuck with certain existing debts or legal problems once you’ve closed on your new home.

Click here for a printable version

March 16, 2016

5 Home Updates to Complete Before Listing

Spring is finally in the air and with that comes spring cleaning, honey-do lists and home improvement lists.

 

Once you've made the decision to list your home for sale, there are a few things you could and should do prior to listing it for sale. Your house should be prepared carefully, paying attention to every detail. One thing to remember when thinking about these is your home sale. Will you spend months preparing for a sale? Or will you do some minor touch ups to create a bigger return? It's something to consider when listing your home. As always, please contact a REALTOR® for help with deciding what to change. We've got tons of experience in the area and could save you costly repairs that won't make a difference!  

 

Spruce up the curb appeal: Your home should attract buyers from the outside before they would even consider going inside. Make sure the yard is free of weeds, be sure the lawn is mowed frequently and plant some colorful plants or flowers to give it a little life. Check to make sure walkways and the driveway are free of debris and sprouting weeds. Also check for cracks that could detract from the aesthetic. Pay attention to your front door. It should be painted and clean. Remove garbage cans, toys, ‘stuff’ your pets might have left outside without your knowledge! Walls and trim get dirty and dingy when you live in a home so a nice fresh, neutral color goes a long way.  

Hire a licensed home inspector: Buyers will do so once you’re in contract so it’s best to repair all items that will eventually be in an inspection report if you expect a quick close. It is well worth spending the money to determine if everything is working properly like electrical systems, HVAC, plumbing, etc.

Clean and organize: This includes the loving area as well as the garage. It’s easy to accumulate stuff that you think you’ll use later on after just a few years in a house. Look at your home from the eyes of a potential buyer. Remove all personal items from immediate sight and if you’re moving regardless. Start packing away clutter. If possible, rent a storage unit to move seasonal items like decorations and seasonal wardrobes that take up space. Less is more.

Once you’re done organizing, it’s time to clean. Outdated fixtures are a huge turn off to buyers and easy updates like replacing hardware on cabinets is an inexpensive way to change the look of a room. If you’re smart about it, you can find great deals on lighting fixtures that are minimalist and work with most tastes. Try not to spend a ton, chances are, the new owners will have their own idea of what they want the home to look like so specific paint colors, flooring choices and renovations are usually a no-no.

 

Hire a Home Stager: Let’s face it, not everyone has great talent with colors and arranging furniture. Thankfully, we have stagers to do the hard work for us. A home stager can work wonders with a color scheme rearranging furniture and cleaning up clutter as well as using the right items for decorating to give the home an appealing look to potential buyers.

Gather all the paperwork: Keep files like user manuals, guarantees, warranties and instruction manuals together. (this is a good tip for ALL HOMEOWNERS!). Make a list of contractors who have worked on the house or that you may use on a regular basis such as lawn care, pest control, snow removal or HCAV maintenance. The future homeowners will appreciate it and it’s a good idea to have these organized and in the same place anyways!

 

These five things will help increase the odds that your home will sell quicker but there are more! Having a team of professionals in your corner who will guide you through the entire process to ensure a pleasant move will save you a lot of headaches and heartache. If you’d like to speak with one of our agents to list your home, contact us today! 

Posted in Selling Your Home
Feb. 22, 2016

Indianapolis Named one of Forbes Top Cities to Invest in Real Estate in 2016

Want to know which housing markets are booming in 2016? Forbes created a list of the best cities to invest in real estate  and Indianapolis is on that list.
Indianapolis Real Estate Investing
Let's begin with talking about the first steps to owning your own investment property - join us for our 
Investment Series | Buying Your 1st Investment in March! 
We promise you won't want to miss this information!
If you'd like a list of our off market properties and available investments, let us know
Jan. 24, 2016

Tips for First Time Home Buyers

As soon as you begin the homebuying process, you can expect unsolicited advice from just about everyone you know. As well-intentioned as their advice may be, remember that what may have been true in the past may not be so in the changing market today. 

If you're interested in learning more about the home buying process, please consider attending our First Time Home Buyers series where we discuss more in-depth the steps to owning your own home. 

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Posted in Home Buying
Jan. 8, 2016

How to Buy Your First Investment Property

Buying investment property can be incredibly stressful but also rewarding and a great opportunity. 

 

If you're anything like me, you spend your limited downtime pinning ideas to renovate and update your home. Human nature loves transformations. The before and after and what it takes to get from A to B. Just tune into any show on HGTV and you know what I'm saying. 

So it's natural that people like fixer-uppers. But it's important to know what you're getting into when buying such a property if you plan to rent it or sell it. Investing in the Indianapolis Real Estate market can be a huge success...but you have to do your homework first!

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