Print Advertising--Dinosaur or Still Effective? - 06/30/08 04:09 PM
How to spend our marketing dollar.  Who among us does not ask that question several times per year?  We know we will spend money on our websites.  That's a given.  Then there is a long list of items we do year after year without asking questions, among them:
 'Just Sold/Just Listed' postcards. Farming 33 or more client touches Sponsoring the local Little League team 1st time home buyer seminars Open Houses Broker's Opens Bigger, better signs Riders for the signs And the list goes on.  The soliciting from vendors wanting our advertising dollar is relentless.  REALTORS make a lot of money and so we have … (9 comments)

Habitat for Humanity - 06/29/08 10:22 AM
About a year ago I began working with a single young mother of three boys to help her find a home.  Her credit was not horrible, but she had no money to put down and very low income.  I could go on and on about this person telling you about her devotion to her children and church and how she attends school in the evenings in addition to working to try to make a better life for her and her family.  However, the point of this post is to make sure all of you out there don't miss out on an … (5 comments)

Investors - 06/28/08 04:42 PM
Indianapolis was recently named as the 2nd most affordable city in the United States. Understandably, this has attracted the attention of many investors.  In spite of the fact that most 'investors' who contact us are just everyday folks thinking they may have found a new way to get rich quick, we (me and my team members) are polite and try to give them the information they seek.  Very few of these people wind up using our services to purchase property.
The latest contact we had was a woman who admits to being a novice.  She has 'mentors' giving her advice and is more … (1 comments)

Learning Something New from Every Transaction - 06/28/08 03:56 PM
I always tell new agents and even my clients that I learn at least one new thing from every transaction.  With that said, after every closing, I should always have something new to share with the ActiveRain community.
After one of my closings last week I learned that home warranty coverage does not always begin on closing day even though the policy states that it does.  My buyer had plumbing issues on move-in day.  I was very proud that she remembered what I told her and called the warranty hot-line before the plumber.  The warranty company promply told her that since it was after … (4 comments)

Webmaster was Right! - 06/28/08 12:24 PM
My webmaster has been after me for a year to post on ActiveRain, but I thought I was too busy.  I now understand the importance of this wonderful network.  How interesting that some of the other networks I have been participating in do not bring the same value and potential for business as ActiveRain.  Many of the top posters on ActiveRain used to participate on these other networks.  Suddenly, strangely they disappeared!  I honestly thought perhaps they had met with some unfortunate event---even death came to mind.  I am now finding those smart people on ActiveRain.
I hope to become a very active … (5 comments)

Twilight Zone Buyer - 06/28/08 11:32 AM
Guess I just want to cry on someone's shoulder.....I fully understand that a realtor should always ask the question, 'Are you working with a realtor?' before allowing a buyer in their car.  However, last week, 'Pat' called me.  (Wow!  What a coincidence, she even has the same name as me!  Bet we hit it off right from the start!)  She simply stated that she was now ready to look at a few houses.  She obviously thought I knew who she was so I was not going to say anything different.  Normally I would have notes or would have set this person … (2 comments)

Guidelines for Seller Contributions - 06/25/08 12:17 PM
When structuring real estate transactions to meet Fannie Mae, Freddie Mac, FHA, VA, and community products, agents should keep in mind the following allowable seller contributions for closing costs and prepaids:
 
Conventional Loans
            Primary & Second homes
                        90% to 100% loan-to-value:  3%
                        75% to 90% LTV:  6%
                        Up to 75% LTV:  9%
            Investment properties
                        2% maximum, regardless of LTV
 
FHA Loans
            6% plus 3% for down payment assistance through a third party
 
VA Loans
            4% regardless of LTV
 
First-time homebuyer community programs
            3% to 6%
 
Seller contributions … (6 comments)

 
Resized_color_pat Ambassador_large

Pat Haddad * Carmel Indiana Real Estate Agent

Carmel, IN

More about me…

Keller Williams Indianapolis Metro NE

Address: Carmel, Fishers,Indianapolis, Noblesville, Westfield, Zionsville, ,Geist & Morse Reservoirs

Office Phone: (317) 840-7555

Cell Phone: (317) 840-7555

Email Me



Listings
Melbourne%20large%20front
$170,000
3 br, 2½ ba, 2,040 sqft
Inviting home on quiet street in the Pike Township Morningside neighborhood. ...

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