Real Estate Information Archive

Blog

Displaying blog entries 1-10 of 26

Tips to Prevent Common Seller Mistakes

by The Jana Caudill Team

The Jana Caudill Team realizes that selling your home is a huge decision. We have included some tips to avoid some common seller mistakes.

1.      Price Your Home Right. If you either need to sell or would like to sell your home, pricing at current market value is key. Researching sale prices of comparable homes is a crucial component to determining a price that will make the home sell. If you don’t need to move, consider waiting for the market to improve. Call us or log on to www.NWIHOMEPRICE.COM for a free market evaluation.

2.      Consider a Presale Inspection. This will accomplish two goals. First of all, it will let you know the potential problems that need to be fixed, and secondly, buyers can make offers that takes those items into consideration up front rather than renegotiating concessions later.

3.      Consider All Offers. Refusing to entertain an offer from a qualified buyer can be a big mistake for sellers in this market. Wait until the offer has been negotiated to refuse it.

4.      Accept Backup Offers. Consider a backup offer in case the primary one falls through. Also take into consideration that a lower offer with a larger down payment can be a more solid deal than a higher price with less money down.

5.      Hire The Jana Caudill Team. Solid negotiation and communication skills combined with Northwest Indiana area expertise can help sellers to get the most out of their experience.

*Source: Inman News

Here are six things you need to know about the $8,000 first-time home buyer tax credit. 

1.  $8,000 for new buyers: This credit is equivalent to 10 percent of the purchase price of the home–although it’s capped at $8,000 and applies only to first-time home buyers and principal residences. But unlike an earlier $7,500 home buyer tax credit, This one does not have to be repaid.

2.  First time buyers defined: For the purpose of this legislation, a “first-time home buyer” is someone who hasn’t owned a principal residence for three years before buying a house. (The date of purchase is considered the day that the title is transferred.) That means if you’ve owned a vacation home–but not a principal residence–within the past three years, you would still qualify for the credit.

3.  2009 buyers only: Only those who purchase a home on or after January 1 and before December 1, 2009 are eligible for the credit. Anyone who bought a home last year won’t be able to take advantage of it.

4.  Income limits: The tax credit is subject to income limitations. Single buyers need a modified adjusted gross income of $75,000 or less to qualify for the full credit, that’s $150,000 for married couples. Those earning more than these thresholds may be eligible for reduced credits.

5.  Refundable: Because the tax credit is “refundable,” qualified buyers can take advantage of it even if they don’t have much tax liability. This tax credit will be refunded to a buyer, if his year end tax liability is less than the credit.

6.  Recapture: Buyers have to own the home for at least three years in order to capitalize on the credit. If they sell the home before then, they will have to return the credit to the government. (Exceptions will be made in certain cases, such as death or divorce.)

Click Here to Watch an Informational Video

If you have more questions, please contact us via email or 219-661-1256. 

Cold Feet Leads to Regrets

by The Jana Caudill Team

In life it is better to say, "I'm glad I did" rather than "I wish I had."

 

Make your list of your wants and needs for your dream home in Northwest Indiana. We can go over them together.

 

 

There are many new tools for first time homebuyers to help with financing, etc. There is still time to take advantage of the $8,000 tax credit available to you. Download this free e-book for more information. It costs you nothing to discover your options.

 

 

Call The Jana Caudill Team today before someone else is living in your dream home.

 

 

 

Remembering September 11th

by The Jana Caudill Team

Reflecting on the day of September 11th, we thought our Keller Williams corporate leadership said it best:

“As you know, today marks the eighth anniversary of the tragic events of September 11, 2001. We ask that you will join us in remembering those brave citizens who gave their lives on that fateful morning. We hope that you will take a moment today to reflect on the things that are most important in your life and remember that through tragedy we have the opportunity to rise even stronger.”

Happy New Year!

by The Jana Caudill Team

As any student will tell you, the New Year doesn’t start on January 1st; it’s the first day of school.  While some children may be excited about the new school year, others might experience a little anxiety about new experiences.

Here are some ways to make the first day of school a little easier:

  • Remind your child that they are not the only student who is a bit uneasy about the first day of school. Teachers know that students are anxious and will make an extra effort to make sure everyone feels as comfortable as possible.
  • Point out the positive aspects of starting school: It will be fun. They'll see old friends and meet new ones. Refresh their positive memories about previous years, when he or she may have returned home after the first day with high spirits because they had a good time.
  • Find another child in the neighborhood with whom your youngster can walk to school or ride with on the bus.
  • If you feel it is appropriate, drive your child (or walk with them) to school and pick them up on the first day.

Be at the head of the class with the real estate experts of The Jana Caudill Team. Call us today and our group of specialists will guide you to a home of your dreams.

Source: American Academy of Pediatrics (AAP)

This Month in Real Estate-August

by The Jana Caudill Team

Valparaiso Named Community of the Year

by The Jana Caudill Team

The Jana Caudill Team would like to congratulate the citizens of Valparaiso for being named The 2009 Community of the Year by the Indiana Chamber of Commerce. This is the first time a Lake or Porter County municipality has been selected since the award’s conception in 1990. Valparaiso was chosen because of many improvements made to the city without raising taxes. As a result, thousands of jobs have been created and the city boasts a substantial rainy day fund. To learn more, check out this article from nwi.com. 

This is just another example why Northwest Indiana is a great place to call home! If you are looking for a home, please give us a call. We would love to assist you in all your real estate needs.

Social Media and The Jana Caudill Team

by The Jana Caudill Team

Are you following The Jana Caudill Team on Twitter or are you a fan on Facebook? If not, you are missing out! These social media sites have become the most effective and immediate means of communication recently. They’re wonderful tools to stay connected with each other and the rest of the world.

So why should you follow The Jana Caudill Team on Twitter or be a fan on Facebook?

  • Get to know our team better. If you are considering working with us in the near future, it’s a great way to see what makes us tick and what we’re up to.
  • Your children will be impressed or horrified! Amaze them with new vocabulary words such as: Tweet, Tweeple, Status Update, and Follow Fridays.
  • Get inside the Northwest Indiana Market. Twitter and Facebook are the places we post many thoughts, observations and events related to Northwest Indiana and the real estate market.
  • Everyone is doing it! Cave into peer pressure and find out what the fuss is about. We know you want to.
  • Be the first to know. Get a jump on the rest of the market and be the first to know about our newest listings and other team events.

What are you waiting for? Follow us on Twitter here or become a fan of The Jana Caudill Team by searching: The Jana Caudill Team on Facebook.

July Market Update

by The Jana Caudill Team

Although experts predict it will take time for the economy to fully recover, there has been a lot of encouraging news recently.

  • The percentage of first-time buyers dipped to 29 percent as a result of more repeat buyers entering the market, suggesting signs of a return to a more balanced market.
  • Americans have shifted into savings and are now putting away a larger portion of their income – so much that the U.S. savings rate has now surpassed that of Canada!
  • Home prices edged up almost 4 percent between May and June of 2009, due to repeat buyers purchasing at higher price points, and distressed properties accounting for a smaller percentage of sales (33 percent of sales, compared to 45 percent the month before).

Learn more about the current real estate market and other great home selling tips by watching the July episode of This Month in Real Estate. The Jana Caudill Team works hard to sell homes fast and for the most money. Please contact us for all your real estate needs.

Recycle Your Electronics!

by The Jana Caudill Team

The Jana Caudill Team is going green! We are trying to make a conscious effort to reduce the amount of trash that enters our landfills. Did you know that 98% of electronic components can be recycled? Drop off your old electronics at the following locations:

Lowell Street Department           598 Union Avenue

Whiting City Garage                        1915 Front Street

Hobart City Barns                             340 S Shelby

Portage Street Department        2303 Hamstrom Road

Valparaiso Compost Site               2150 W Lincolnway

This is a great way to get rid of clutter and save landfill space! These locations are for county residents only and are not open to businesses or organizations. Please contact the location for hours and items accepted. Click here to learn more about recycling in Lake County and Porter County.

The Jana Caudill Team are Northwest Indiana real estate specialists! Contact us for all your home buying and selling needs. We have a best buy list of properties that are sure to sell quickly. Don’t miss out on a great opportunity to get a great deal.

 

 

 

Displaying blog entries 1-10 of 26

Contact Information

Photo of The Jana Caudill Team Real Estate
The Jana Caudill Team
Redkey Realty Leaders
503 East Summit St., Suite 2
Crown Point IN 46307
219-661-1256
Fax: 219-663-5949