Recent Posts

Thu, Oct 02, 2008

Price Per Square Foot in Zionsville, Carmel, Westf... by Mike Taylor

Everyone always wants to know what the price per square foot is.  I have prepared a quick table showing what the average price per square foot is for the northern suburbs of Indianapolis.  These numbers are based on all closed sales since 1/1/2008.  Here is a breakdown of the different area by price per square foot and average sales price:

  Price Per Sq. Ft.  Avg. Sales Price        Zionsville 124 $350,441 Carmel 118 ...

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559 Views, 0 Comments.


Mon, Sep 29, 2008

Indianapolis Interest Rates and Mortgage Update by Mike Taylor

Another post from Eric McMillan about interest rates and the mortgage market:

 

Well, it’s been quite a roller coaster for the economy over the past two weeks, in large part due to the economic bailout plan still hanging over everyone’s head.  The mortgage market is no different.  Mortgage rates are influenced by Mortgage Backed Securities and the Bond market.  Right now, neither the Stock Market nor Bond market is flourishing due to the uncertainty.  That being said, rates are holding pretty steady and are still near historical lows.  A 30 year fixed Conventional mortgage is at 6.125% with no points.  As for FHA/VA, current rates are just a bit higher at 6.25% on a 30 year fixed. 

One key thing to remember about...

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601 Views, 1 Comments.


Thu, Sep 25, 2008

FHA Downpayment Assistance Indianapolis by Mike Taylor

In an effort to keep you up to date on what is happening in the entire real estate related world I am opening up my blog to other writers from different aspects of the real estate industry. The format of the blog will remain the same; however you will start to see posts from several different people. This is also an invitation to others in the real estate world that have something to contribute here. If you are great at what you do, stay on top of current events, and are a halfway decent writer contact me about becoming a contributor to this blog.

I am extremely excited to introduce to you our first contributor, Eric McMillan from Fairway Independent Mortgage. Eric is a great friend of mine and will be keeping us up to date on the...

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629 Views, 0 Comments.


Tue, Sep 23, 2008

I'm going to be a Dad!! by Mike Taylor

We are pregnant!!!!  This is our first and I am soooooo excited.  We have known for a little bit and should find out the sex in about 2 weeks.  First and foremost all that we want is a healthy baby, but if I am being honest I am really pulling for a boy. 

 

The initial shock and awe of being pregnant and getting the label “parent” has worn off and now I cannot wait.   

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297 Views, 3 Comments.


Mon, Sep 22, 2008

Some Agents Just Suck by Mike Taylor

Phone message from me:  Hello X agent, this is Mike Taylor with Red Door Real Estate.  I am going to be sending over an offer on your listing located at X Street.  I had a few questions for you and was hoping you could send over the seller’s disclosure.  Please call me back as soon as you get this.  Thanks.

Twelve hours later…no answer from the agent.  WTF???  How do these agents stay in business?  These kind of agents drive me nuts!!!!

When I go to send over the offer, still with no communication from the listing agent, here is the email I WANT to send:

Hello Agent,

I left you a message several hours ago about an offer I have on your listing at XXX Street.  I guess since I have not heard from you, I should just...

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363 Views, 3 Comments.


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