Michael Mergell, RE/MAX - 03/20/09 05:34 AM
A little about Michael... With over 15 years of real estate experience, Michael has seen and done just about everything in real estate. Michael Mergell has a Passion for Providing an Outstanding Experience...In life; there are those who forget the importance of friends and family, and the value it brings to an individual. Michael Mergell is one of those rare individuals who understand that without his clients (all called friends) he would have grown into the quality person he is today. Indeed, anyone who knows Michael will tell you, he is a man defined by his genuine attitude. Those who've worked … (0 comments)

Michael Mergell, RE/MAX - 03/20/09 05:31 AM
Michael Mergell
Managing Broker
RE/MAX Ability Plus

8935 Technology Drive
Fishers, IN 46038

(317) 645-8717 Cell
(317) 581-2620 Fax
 
… (0 comments)

Stimulus...Not So Stimulating - 03/20/09 05:28 AM
The new stimulus package may hurt the very industry that could save us.... While the bill could increase home buying, it doesn't do nearly enough to jump-start building or stem the foreclosures that are driving down prices, many real estate observers say. The major housing addition to the Senate's version of the package, an up-to-$15,000 tax incentive for home buyers, was stripped from the bill on Wednesday. Real estate trade groups felt that provision had the greatest potential to reignite the market. The National Association of Home Builders projected it would increase sales by almost 500,000 and create more than 255,000 … (0 comments)

Real Estate 101-RE/MAX - 03/20/09 05:21 AM
Real Estate 101 Class is in session. Proceed at your own pace to learn about: Buying a home, including advice on where to start, and how to select the right property at the right price. Whether you've spent years saving and preparing to buy a place, or are still unsure about what you can afford, the questions surrounding real estate can feel endless. You can find the answers - and peace of mind - by working with RE/MAX, the industry leader in experience and service. Selling a home, with advice on showing buyers your property's best side and increasing its value. … (0 comments)

Short Sale Defined - 03/20/09 05:19 AM
In real estate, a short sale is a sale of real estate in which the proceeds from the sale fall short of the balance owed on a loan secured by the property sold.[1] In a short sale, the bank or mortgage lender agrees to discount a loan balance due to an economic or financial hardship on the part of the mortgagor. This negotiation is all done through communication with a bank's loss mitigation or workout department. The home owner/debtor sells the mortgaged property for less than the outstanding balance of the loan, and turns over the proceeds of the sale to … (0 comments)

Don't Foreclose...Modify. - 03/06/09 11:41 AM
Worried about Foreclosure? Loan Modification is the Answer.
 
There are Ways to Avoid Foreclosure! We can help you find a solution.
You must understand that you have options when you are facing foreclosure. The white paper will help you make informed decisions about how to handle your pending foreclosure. If you would like to speak to a foreclosure prevention specialist directly please call our offices at the number at the bottom of the page. We have helped homeowners avoid foreclosure and we may be able to help you!
What is Loan Modification?
Loan modification is a permanent change in one … (0 comments)

Negotiating The Deal 101 - 03/06/09 11:37 AM
 
Michael Mergell, Managing Broker RE/MAX Ability Plus (317) 645-8717
I guess I will start a little line about negotiating your deals. I know a lot of people out there are starting out and there are some things that you should know and learn.First is empathy, and rapport. These are essential to establishing the reason that someone will buy from you. No matter what you offer, or even if two people offer the same amount the seller is going to sell to the buyer they have a level of rapport with. The person they "like" will win every time. So let's … (0 comments)

How To Make Money In Real Estate Investing - 03/05/09 11:25 AM
Michael Mergell, Managing Broker RE/MAX Ability Plus-Fishers
 
Real estate investment limited to earn their profit mainly from inactive sources that are rents, interest, dividends, and gains from sales. And they were designed by national legislation to provide assets to the advance marked. In real estate include multifamily retail, office, industrial, heath care, and hotel properties in the real estate investment. Real estate investment are broadly trade companies that pool investor properties to invest in a assortment of real estate ventures, such as building, office, apartment shopping centers, and hotel. In real estate investment trusts the companies related to reciprocated funds … (0 comments)

Loan Modification Explained - 03/05/09 11:21 AM
Michael Mergell, Managing Broker RE/MAX Ability Plus-Fishers
 
With the recent foreclosure storm happening, mortgage loan modification is getting increasingly popular as an escape route when you want out of mortgage trouble. There's a whole process involved, but studying how it works can get you out of financial hardship and save you a lot of money. Let's look at the mortgage loan modification process.debt piling up. A mortgage loan modification is a way to adjust your mortgage contract and bring the monthly payments down. Depending on the negotiations, the principal balance may be decreased and interest types may be changed.
When … (0 comments)

Buying Your Dream Home Can Be A Reality - 03/05/09 11:11 AM
Michael Mergell, Managing Broker RE/MAX Ability Plus-Fishers
There is no greater joy then being able to purchase your own home. Now it is getting even easier to find lenders who are willing to finance your purchase for a new home, a dream home. There are many mortgage programs from which to choose and even more homes for you to review in your quest for that home of your dreams.loan officer to determine what your target purchase price can be. Then make sure you have funds available to put down as an earnest money deposit once you have found the home you … (0 comments)

The Flurry of Info abouth the Government's Homeowner Affordability and Stability Plan (HASP) - 03/05/09 11:00 AM
 
Michael Mergell, Managing Broker RE/MAX Ability Plus-Fishers
It was coming in from all sides yesterday ...... by air, by land, by sea, by attachment. I ended up with some 14 separate "documents", all pertaining to the HASP in one way or another. Executive Summaries, Fact Sheets, Remarks, Guidelines, Case Studies, Details, Elements, Blogs, Examples, Scripts, Job Aids ...... all of it good stuff. Sent out on a day when the stock market didn't tank, to boot!
The HASP -- huh? The Homeowner Affordability and Stabilization Plan is one part of the ARRA (American Recovery and Stabilization Act), which President Obama … (0 comments)

That's "FTHB" for "First Time Home Buyer"... - 03/02/09 04:02 PM
 
I did that fun thing again today where I call the IRS & wait on hold for an hour while their music drives me insane.  Of course, I did it for all of you & your clients, so you can send a thank you card to my office address any time :)   I asked two scenario questions today: 1.  Married Couple, but Hubby is a first time buyer.  Wife is not, but she is NOT going to be on the loan or title to the new home.  Can hubby claim the tax credit (thinking he may have to file "seperately" … (0 comments)

 
Mmhead

Michael Mergell

Fishers, IN

More about me…

Michael Mergell, RE/MAX Legends Group

Address: 5645 Castle Creek Parkway North, Indianapolis, IN, 46250

Office Phone: (317) 863-4094

Cell Phone: (317) 645-8717

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