Indianapolis Mortgage Companies

Zionsville Home For Sale

Have you ever daydreamed of riding your horse across a verdant Indiana pasture, your hair blowing in the wind?  Would you enjoy watching birds, deer, and the occasional fox from your family room windows?  Have you ever wanted to have your own Indiana estate with a clever name, set down a private drive, under a canopy of mature trees?

This is your chance to live your dream.

Out of the many homes for sale in Indiana, there is one for sale in Zionsville, Indiana that is unique in location and charm.  Zionsville homes and farms have long been home to equestrian estates.  Hunter/Jumpers, Quarter horses and Thoroughbreds foray on farms in the area. 10655 E 300 Sis a 33.3 acre equestrian estate that could be your family's
treasure for generations.

There are two barns on property, a round pen, and seven pastures.  This equestrian center offers both an indoor and outdoor riding arena and has been home to many storied thoroughbreds.

The grand colonial home is 9,000 square feet and a work in progress.  Bring a contractor or a new home builder to make it your dream home.

The property is being sold as is, but there is so much potential here now and in the future.  It can be enjoyed as a private estate now, but as Boone County and Zionsville continue to grow, it becomes a great investment property for future development.

Listed at $1,800,000.

Prequalified Buyers, Please.

Please contact me to schedule a showing appointment.  Check with your Indianapolis mortgage lender for current rates.  Or contact me for a mortgage lender referral.  There are many fine Indianapolis Mortgage Companies.
 

This morning, I had a meeting with a sharp "young" guy who is getting ready to buy his first home.  He wants to be well prepared for the process and understand exactly what he is getting ready to undertake.  We spent a lot of time talking about the process.  Indianapolis mortgage companies have many attractive loan products for qualified buyers and interest rates are at unbelievable lows!  We discussed the pre-approval process and he will be meeting with a lender this week.  We also discussed the process we would use to consider varioius homes for sale in Indianapolis.  Broadripple is a definite possibility as is Carmel.  We reviewed a purchase agreement before and he left my office with a blank one that he can read at his leisure.  We discussed inspections and appraisals and the "meat" of the process.  I'd say he's ready to jump into the real estate water!  This meeting took an hour and a half and as a REALTOR it is a pleasure to see someone take the home buying process so seriously!  It will be fun to help him find the right home.  What about you?  Are you ready to buy your first home?  Are you ready to sit down with a REALTOR and plan your strategy?

Inside Indiana Business' Gery Dick served as the Master of Ceromonies discussing the state of the Real Estate Market. You can read the entire press release detailing projections for 2009 Indianapolis Real Estate market by clicking here.  Below are a few snip-its of the press release: 

INDIANAPOLIS – While the U.S. economy faced major challenges in 2008, the Indianapolis real estate market maintained a strong position in the Midwest, resulting from the area’s population growth and relatively high employment levels.

Residential Market

Like the rest of the country, the Indianapolis-area residential market faced challenges resulting from the mortgage crisis, but Indianapolis fared much better than other cities that have seen much more drastic changes.  While all of the decreases may seem to be bad news, local Realtors see signs that the market is on its way to correcting itself by projecting that existing homes will reach an ideal six-month supply in late 2009. This is expected to lead to more balanced supply and demand and result in stabilization in home prices.

Other projections for 2009 include:

• A return to sales levels seen before the 2005/2006 residential sales spike: selling 28,000 homes in Central Indiana.

• The region will remain on the list of most affordable areas for the foreseeable future.

A lot of people are breathing a sigh of relief right now - Homes for Sale in Indianapolis are a great value. Indianapolis Mortgage Rates are at an all time low as well as the government memorandum to stop foreclosures for a period of time, including Indiana Foreclosure, and with Mortgage companies dropping their rates, this is giving people a chance to stay out of foreclosure and less homes becoming bank owned homes and giving everyone the opportunity to have a piece of the American Dream.

Hamilton County Indiana home values remain strong compared to most of the country with Carmel real estate and the Fishers area being the most frequently asked about.  Those are certainly great areas with great schools and amenities and should be considered in anyone's search for a home in Hamilton County.

But don't forget about Westfield.  There are many fantastic Westfield homes for sale and they are usually more affordable than either Carmel or Fishers.  The schools in Westfield are very good too and the city is doing a wonderful job of adding businesses, park areas and other things that make it a nice place to call home.

Here is just one example of a good value in Westfield.  The home was built by Beazer Homes just last year in a very popular neighborhood called Countryside.  It is in immaculate condition, comes with many, many upgrades, all the stainless steel appliances stay, it is over 3000 sq. ft. and is priced at just over $200,000.  Located just west of US 31 at 161st Street, Countryside is conveniently located near shopping, restaurants, grocery stores and with 31 nearby, you can get where you need to be quickly. You can find out more about this home and others by visiting www.sellwithsheets.com and clicking on my listings. 

If you are just starting your search for homes for sale in Indiana, you will want to talk with a qualified Indianapolis mortgage company to be sure you are looking at homes in the right price range and to make sure your credit report accurately portrays your situation.  Click here to get started on your pre-qualification.

If I can be of help in any way, call me at 317-727-6527 or email me.  together we can narrow down the thousands of Indiana houses for sale to find the right one for you.

Many people start their search for Carmel real estate or Fishers real estate or real estate anywhere in Hamilton County or Central Indiana by going on line finding houses they like and calling listing agents to see or inquire about the houses they see. They spend a lot of time talking to numerous agents who are more interested in landing them as a client than discussing the merits of the house. A more effective way to buy a home is to first identify and hire a good buyers agent to help you buy your new home in Central Indiana. You need a buyers agent whether you are looking for Carmel land for sale, Zionsville homes for sale, bank owned homes  Indianapolis, Fishers new home construction or Indianapolis condominiums.

Your buyer’s agent will represent you in the transaction and save you time and money and stress in the process.

Assist you with the mortgage prequalification process to determine the value of homes you can purchase.

Review the “Good Faith Estimate”, you will receive from your mortgage company, and prepare a buyers net sheet, so you are prepared for the amount of cash you will need to close the transaction.

 By listening closely to your needs; narrow the choices and reduce the number of houses you must see to find your new home saving you time and stress. 

 Assist you in determining a fair price to pay for the property.

 Prepare a purchase agreement and negotiate the terms of the sale in your behalf.

 Assist you in ordering inspections, and negotiating any needed repairs to the property.

 Monitor the progress of and review with you the appraisal, survey and title policy.

 Monitor the progress of your mortgage application.

 Review the HUD (closing charges) Statement to determine that all prepaid monies are properly credited, all taxes are properly prorated, and that you understand all of the items being charged to you at closing.

 Attend closing with you.

If you are interested in talking with me further about the value of a buyers agent, call me at 317-814-5287 or email me at TWarnick@C21Scheetz.com 

Indianapolis Mortgage Company Scheetz Mortgage spreads the news: On Tuesday of this week, the Fed announced they will be purchasing $600 billion of Mortgage-Backed Securities backed by Fannie Mae, Freddie Mac and Ginnie Mae. This move is designed to help increase the availability of credit, while lowering fixed mortgage rates.

Two reasong to spend some time examining the recent changes:

1) The first is the obvious - The rate on a 30 year fixed conventional is 5.75% as of today (Friday 11/28/08) with no points. This is down a full 1/2% from this time last week. The reduction increases a buyer's purchasing power by 5%. These rates affect all Indianapolis Mortgages.

2) The second - and the one many of us forget - is our own personal situation. Take a look at your existing mortgage. If you have an adjustable rate, look hard at converting to a fixed. Also, you make look to reduce the term of the loan from a 30 to a 20 or 15 year. Remember, with the holidays coming up we can all use some relief. By refinancing in December, you will not have your first new payment until February of 2009!!

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REMEMBER:  $7500 FEDERAL TAX CREDIT for first time buyers thru June 2009!!

As volatile as the market has been, you need to act quickly. It is not uncommon for rates to change three to four times per day.

If you are looking for Indianapolis Indiana Real Estate, you can always count on us at Scheetz Mortgage, your personal Indianapolis Mortgage Lenders, to help you choose the right financing program to meet your needs.

If you would like to discuss the details behind the recent developments or how these changes affect your personal finances, contact Mike Carr  at 705-259, email or Patrick Bowers at 814-5285, email.