Monday, September 21, 2015
Many new homeowners fall into the trap of thinking that owning a home is not much different from renting one. This can partly be attributed to misleading advertisements and television shows which portray new home owners happily moving in to a new home with little or no preparation or planning. What is not shown is the work and the expense of maintaining a household, and this is an aspect of home ownership that virtually all new owners will encounter. Would-be homeowners are aware that they need to pay obvious costs like mortgage interest and utility bills. What they overlook however, are other costs like property taxes, inspection, maintenance, and repairs.
Saturday, September 19, 2015
While the overall appeal and look of a house is an important factor when you’re in the market for a new home, it shouldn’t be the only thing you consider. It is important to remember that previous owners will ensure that the house is presented as attractively as possible, and they may not immediately disclose problems. Your responsibility as a buyer is to learn as much as possible about the house that you want to purchase. This will allow you to anticipate problems that you may encounter in your new home, instead of being caught off-guard.
Thursday, September 17, 2015
When you’re ready to retire after a long and successful career, you may want to pursue your peaceful dream home in a different community entirely. Rather than retire to an assisted living facility, it may be much more appealing to you to search for a quiet and appealing home suitable for your modest needs. Data from MarketWatch pegged Indianapolis as one of four cities in Indiana that are ideal as retirement communities, considering that the cost of living is roughly 10% lower than the national average. When you’re in the market for that wonderful house to serve as your retirement home, a staff of knowledgeable property agents like the Tim O’Connor Team from Berkshire Hathaway Home Services is prepared to work with you.
Monday, September 14, 2015
In the real estate arena, agents will often guide you towards buying a standalone residence, condo, or even a commercial place. While all three scenarios can represent appealing investments, what if you really want something a little different, and have the resources to start from scratch? In such a scenario, buying a tract of undeveloped land may be just what you're looking for. Indianapolis, Indiana, has long been touted as one of the nation’s most successful urban planning stories. Starting in the 1970's, the city’s urban planning programs have fueled its transformation into a highly modern, structured metro area, and this is expected to ramp up even more with the Plan 2020 Bicentennial project. Part of this program's zoning strategy includes identifying which residential lots are to be partitioned.