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caring and professional real estate services!!
 Welcome to Central Indiana, a great place to call home. Growing up & residing in the towns of Fortville & McCordsville. I am centrally located to serve Hancock, Marion, Hamilton & Madison Counties. This area offers a wide range of properties with excellent schools, shopping & entertainment. Residents of central Indiana enjoy living in downtown Indianapolis or rural farm communities and everything in between.
As your local real estate expert, I am committed to helping you in every way. Whether you are looking to relocate, downsize or need more space. I will diligently work on your behalf to get the best results possible for you.
Serving: Indianapolis, Greenfield, Noblesville, Fishers, Pendleton and the surrounding communities.
Email: scollinsc21@embarqmail.com
Office: 317-258-4355
Down Payment Assistance 8/01/08
PROHIBITION OF SELLER-FUNDED DOWN PAYMENT ASSISTANCE
The House of Representatives passed H.R. 3221, which addresses a wide range of housing related issues.
One issue that will have an immediate effect on the housing market is the prohibition of down payment assistance programs. After October 1st 2008, buyers may not be able to use down payment assistance programs such as Nehemiah. Buyers may still receive down payment assistance from family or an employer however it must be a gift.
For example a buyer, can afford the monthly payments but does not have sufficient savings to put down 3% on an FHA home loan may simply have to wait to purchase the home, without seller-funded down payment assistance.
Buyers: Talk to your Realtor & your loan officer to see if this change might affect your ability to make an offer on your new home.
Housing Report 5/13/08
The statistics below compare 2007 & 2008 ending March 31.
| |
Hancock |
|
Marion |
|
Hamilton |
|
Madison |
| Avg. Sale Price: |
-5% |
|
-7% |
|
1% |
|
-4% |
|
| Units Sold: |
-3% |
|
-12% |
|
-10% |
|
-8% |
What does this mean to you?
For Seller’s: it is very important that you seek sound advice from a real estate professional who will take a close look at the market in your neighborhood & surrounding community to develop a realistic & sound pricing strategy for your home.
For Buyer’s: If you are in a good financial position, this is a great time to buy. Interest rates are still low, home prices are down & there are plenty of homes to choose from. Consult your Realtor, he or she can save you tons of time sorting through the homes on the market and find the right home for your budget.
Source: Metropolitan Indianapolis Board of Realtors report. 4/22/08
About Me
 I grew up in the towns of McCordsville & Fortville
in northwest Hancock County. Graduated from Mt.Vernon
High School in 1977 and received an IU Business Degree
in 1996. I am the proud father of Josh, who also
graduated from Mt. Vernon in 2002. He and his lovely wife Rachael are working & continuing their educations at Butler University. In
my spare time I like to fish, play bad golf and follow
Butler basketball. “Go Dawgs” |