Recent Posts
Thu, Apr 10, 2008
Too often we hear negative stories about the real estate market and especially bad experiences people have had with builders. I would like to take a moment to relay a potentially negative experience that was turned into a positive one with a local builder, Silverthorne Homes.
For those that don’t know, Silverthorne Homes is a local builder and the higher end product for Arbor Homes. Silverthorne Homes currently has 4 communities in the greater Indianapolis area and they offer homes that typically start in the $200,000 - $300,000 range.
Recently some clients of mine decided to purchase a Silverthorne homes in Geist Woods Estates. My clients had been looking for a new home for a long time when they finally decided on Geist...
Read More »
221 Views,
7 Comments.
Mon, Apr 07, 2008
The Indy Star has put together another cool tool to check the new tax assessment for Marion County. Check it out here.
You put in just your street name and nothing else, if you want to compare your assessment with your neighbors.
Read More »
126 Views,
0 Comments.
Wed, Mar 19, 2008
If you a Hoosier you already know this unless you have been living under a rock, but the lovely Indiana lawmakers have finally passed some meaningful property tax reform. What they have is essentially what they have been talking about the entire time with Mitch Daniel’s 3-2-1 proposal. Here are the major changes taking place:
- This year property taxes will be reduced by an average of 30% due to increased homestead exemptions.
- Next year the property taxes will be capped at 1.5% of the assessed value
- In 2010 and after taxes will be capped at 1% of the assessed value
- Rentals and Farms are capped at 2% and businesses are capped at 3%
Of course they have to make up that money somewhere else so the state sales...
Read More »
181 Views,
2 Comments.
Wed, Mar 12, 2008
In an effort to gain more exposure I have recently added this blog’s RSS feed to a new site called RSS Huger. This seems like a quality directory and all blogs are manually reviewed to avoid spammy blogs. You are also required to write a blog about the site, hence this post.
So, if you have a blog and haven’t added to
RSS Huger, go check them out.
Read More »
204 Views,
3 Comments.
Wed, Mar 12, 2008
The Federal Housing Administration has recently updated the loan limits for FHA insured loans and raised the limits significantly. Here are the new loan limits for FHA loans in the metro Indianapolis area:
Single Family
Two-Family
Three-Family
Four-Family
$271,050
$347,000
$419,400
$521,250
Hopefully this will be another impetus to spark some more interest in Indianapolis real estate. Indianapolis is the most affordable major metropolitan real estate market in the nation and $271,000 can buy you a lot of house in Indy. I can see some of the more expensive market such as
Read More »
168 Views,
0 Comments.
<<
1
2
3
4
5
6
7
8
9
>>
