Real Estate markets are unique, no two are alike. The same applies to residential properties. As a service to Indiana residents to help them better understand how their local housing market for existing single-family homes is performing, the Indiana Association of REALTORS®, (IAR), is posting Real Estate Market Reports on their www.IndianaIsHome.com web site. Mark Brown, Sr. VP Finance and Research for IAR in Indianapolis has spearheaded this valuable program.
Indiana Real Estate Markets Report
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Fort Wayne Neighborhood Advocates
Fort Wayne’s Area Advocates serve as liaisons between City Government and neighborhood associations, business associations, community service organizations, and citizens with concerns. Working under the direction of the Deputy Mayor, Area Advocates will refer citizens to the appropriate agency or City personnel to properly address and resolve their concerns. Safety and maintaining property values are of prime importance. In the role of representative of the Mayor, the Area Advocates will communicate his policies to the public. Feel free to contact Ken directly at Ken.Nicolet@CityofFortWayne.org or (260) 427-1122.
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Villaminium Living in Fort Wayne
Villas are a great option addressing the needs of a cross section of our community. They are ideal for young adults who want to live in a maintenance-free community, some additions are designated as 55 or older villas addressing this group’s lifestyles, and others are more eclectic. In all cases whether you are moving up or scaling down, a Villaminium could be the perfect choice for you. Keep in mind that villas have community associations that govern the addition, so be sure to obtain copies of their covenants and restrctions. Contact us for details.
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Refinancing Your Home
Refinancing could be a viable option for you as a homeowner if you wish to lower monthly payments, pay off a home mortgage sooner, consolidate debts, or obtain equity for home improvements. Should you consider a refinancing option, make sure that you fully understand the advantages and disadvantages. You need to know the real costs of the loan (APR) and that the various fees associated with the loan are reasonable & competitive. Needless to say, pick your mortgage broker carefully.
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MANABLOC Water Distribution System
The MANABLOC Modular water distribution system can save you thousands of gallons per year. It distributes water supply via flexible PEX tubing with dedicated lines to the individual hot and cold water fixtures throughout your home. Each has its own shut-off valve. One of the many nice features of the system is that you can use multiple fixtures simultaneously without noticeable prressure and temperature changes.
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Window Replacement – O’Neil’s Glass Fort Wayne
Replacing old windows not only improves the appearance of a home, but can also significantly cut your energy bills. We’re fortunate in Fort Wayne to have many excellent companies that can guide you in selecting the proper window(s) for your specific application. We always recommend that you use professional window installers with good references to address your needs.
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First-time Home Buyers Tax Credit
Congress passed the extension of the First-time Home Buyers Tax Credit providing home buyers who entered into a valid contract by April 30th, but had been unable to close within the required 60 days, to close on their home purchase. Please note, this Bill does not extend the deadline for home buyers to sign a contract to purchase a home! It only extends the deadline for closing the transaction from 30 June to 30 September 2010. Contact us if you have any questions.
Tags: First-time Home Buyers, Fort Wayne Homes, Fort Wayne Real Estate, Homebuyers Assistance and Improvement Act of 2010, Homebuyers Tax Credit
Home Staging : Designing to Sell
Home staging has become an important element of our home marketing process. We have found that some simple staging can make a significant difference in a home’s appeal to potential buyers. Studies have shown that staged homes sell faster than unstaged ones. Some simple staging suggestings include the deep-cleaning of carpets, rearranging & removing furniture, decluttering, and sometimes changing colors. If the home is vacant, add some furniture. Don’t forget the outdoor area of the home to enhance its curb appeal. For more ideas and a professional’s insight, call Ann Beeching of Designing to Sell at (260) 486-0635.
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The REALTOR Code of Ethics
The REALTOR® Code of Ethics was adopted in 1913 to establish a professional standard of conduct for its practitioners. It spells out the duties REALTORS® have to Clients, to Customers, to the Public, and to each other. For more details and what the Code means for you, please contact us.
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Home Buyers Warranties
We always recommend to our clients that they should consider purchasing a home warranty when buying or selling an existing home. Home warranties cover normal wear and tear for major systems and major appliances. Although they usually do not cover pre-existing and lack-of-maintenance problems, they offer valuable protection as a complement to your homeowners insurance. When reviewing a warranty take a close look at the coverage and cost of the policy & the deductibles, as well as the cost of options. Be sure that you obtain R410A Air Conditioning coverage. Katy would be glad to answer any questions you might have about home warranties. You can reach her at: KTorgerson@2-10.com. For details on the EPA mandate regarding HVAC equipment go to www.R410ASolutions.com.
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