F.C. Tucker Team Schuster
  • Home
  • BUY
    • BUYING A HOME
    • Featured Listings
  • SELL
    • Sell your home
    • What is your home worth
  • Meet The Team
  • Contact Us
  • Blog
  • Community Resources
    • Indiana Fun
    • Carmel
    • Fishers
    • Lawrence Twp.
    • Noblesville
    • Westfield
    • Zionsville
  • Review Team Schuster
  • Refer Team Schuster
  • Testimonials

What to Know About Credit Scores

7/27/2018

0 Comments

 
Picture
Credit scores range between 200 and 850, with scores above 620 considered desirable for obtaining a mortgage. The following factors affect your score:

Your payment history.
Did you pay your credit card bills on time? Bankruptcy filing, liens, and collection activity also affect your history.

How much you owe and where. 
If you owe a great deal of money on numerous accounts, it can indicate that you are overextended. However, spreading debt among several accounts can help you avoid approaching the maximum on any individual credit line.

The length of your credit history.In general, the longer an account has been open, the better.
How much new credit you have.New credit—whether in the form of installment plans or new credit cards—is considered more risky, even if you pay down the debt promptly.

The types of credit you use.
Generally, it’s desirable to have more than one type of credit—such as installment loans, credit cards, and a mortgage.

0 Comments

Sold in Westfield!

7/23/2018

0 Comments

 
Just sold! Congrats to Vadim on the sale of his Westfield home!
Picture
0 Comments

Closings, Closings and More Closings!

7/23/2018

0 Comments

 
Lots of deals, lots of closings...Team Schuster is ending July on a high note!
Congrats to Andrew on the sale of his Indy condo, Jace and Jennifer on the sale of their Zionsville home, and Allison and Ben on the sale and purchase of Zionsville homes. 
Picture
Picture
Picture
Picture
0 Comments

Central Indiana home sales remain steady in June

7/20/2018

0 Comments

 
Picture
F.C. Tucker reports 0.1 percent decrease in housing sales as prices continue to rise
INDIANAPOLIS – Monthly real estate stats from F.C. Tucker Company indicate that housing market activity is declining slightly. June 2018 pended sales decreased just 0.1 percent compared to June 2017 while the average year-to-date sale price for the 15-county Central Indiana region increased 8.5 percent to $213,339.
 
The number of homes for sale continues to decrease, and last month fewer buyers purchased homes as well. 3,802 Central Indiana homes were purchased in June 2018, a small decrease from 3,807 sold in June 2017. Specifically:
  • Montgomery County showed the most growth in homes sold with a 54.5 percent increase in June 2018 compared to June 2017.
  • Brown County pended sales, in contrast, decreased by a significant 40 percent compared to June 2017.
 
Despite fewer pended sales, on average homes sold much faster and for more money in June, meaning it’s still a strong seller’s market.
  • Of the 15 counties F.C. Tucker tracks, only Decatur County showed a decrease in average year-to-date home prices at 1.5 percent. 
  • Hamilton County continues to have the highest average home prices at $325,467. Hancock County experienced the highest price increase compared to year-to-date 2017 at 10.4 percent.
  • Homes sold in 48 days on average, 17 days and 26.2 percent faster than January to June last year. Marion County’s homes continue to be the fastest-selling in the market at 42 days.
 
Listings continue to fall but at a slightly lower rate, decreasing 9.5 percent this month. In June 2018, inventory stood at 5,991 homes, a decrease of 629 compared to June 2017.
  • Madison County’s inventory dropped the most at 26.6 percent compared to June 2017.
  • Decatur County and Johnson County both experienced an increase in inventory, with 5.7 percent and 2.5 percent more listings than June 2017, respectively.
 
“We’re continuing to see the effects of nationwide low inventory here in central Indiana,” said Jim Litten, CEO of F.C. Tucker Company. “Low inventory affects affordability, however we’re optimistic the market will continue to offer homes of all price ranges to buyers while also providing competitive sale prices for sellers.”

Of the pended home sales in the region last month, two were priced $2,000,000 or higher; 18 were priced $1,000,000 to $1,999,999; 153 were priced $500,000 to $999,999; 520 were priced $300,000 to $499,999; 868 were priced $200,000 to $299,999; 1,663 were priced $100,000 to $199,999; and 578 were priced at $99,999 or less.

Editor’s Notes:
  • All statistics were compiled by F.C. Tucker Company from a report drawn from BLC® statistics on July 16, 2018. Because of delayed processing through other agencies or boards, these numbers are subject to change.
  • “Active Listings – Inventory” is a snapshot frozen in time at the end of the stated month. Per MIBOR, effective April 1, 2018, “Active with Contingency” no longer is a status in the BLC® listing service in order to present a true picture in advertising and marketing. Those listings that were in the "Active with Contingency" status have been moved from the "Active" status to the "Pending" status.
  • “Pending” means the sales contract has been signed, but the transaction has not closed. According to the NAR, pending sales typically are finalized within a month or two of signing.
  • For this report, F.C. Tucker tracks the following counties: Bartholomew, Boone, Brown, Decatur, Hamilton, Hancock, Hendricks, Jennings, Johnson, Madison, Marion, Montgomery, Morgan, Putnam and Shelby.
With approximately $3.7 billion in annual sales, F.C. Tucker Company is Indiana’s largest independently owned comprehensive real estate firm with more than 40 offices and more than 1,500 sales associates throughout Indiana and select markets in Kentucky. Less than one percent of all real estate firms have the longevity of F.C. Tucker. Founded in 1918, the company’s family of businesses includes a full range of real estate services—mortgages, title insurance, relocation services, a full line of insurance products, auctioning and homeowner warranty products. F.C. Tucker has earned a reputation for its exceptional service, experienced sales associates and “Golden Rule” commitment to its clients and employees.
0 Comments

1 Day, 2 Closings for Vikki!

7/17/2018

0 Comments

 
Big day for Vikki - 2 closings in Zionsville! Congrats to Mike and Sheila on the purchase of their Zionsville condo and Christopher and Cristina on the sale of their Zionsville house. ​
Picture
Picture
0 Comments

Just Sold in Fishers

7/16/2018

0 Comments

 
It was a pleasure working with you Laura to help you find your new home in Fishers - wishing you many years of happiness there!
Picture
0 Comments

Vocabulary: Loans & Lending Terms

7/13/2018

0 Comments

 
Picture
Term -- Mortgages are generally available at 15-, 20-, or 30-year terms. In general, the longer the term, the lower the monthly payment. However, shorter terms mean you pay less interest over the life of the loan.

Fixed vs. adjustable interest rates -- A fixed rate allows you to lock in a low interest rate as long as you hold the mortgage and, in general, is a good choice if interest rates are low. An adjustable-rate mortgage (ARM) usually offers a lower rate that will rise as market rates increase. ARMs usually have a limit as to how much and how frequently the interest rate can be increased. These types of mortgages are a good choice when fixed interest rates are high or if you expect your income to grow significantly in the coming years.

Non-traditional mortgages -- Also sometimes called “exotic,” these mortgage types were common in the run-up to the housing crisis, and often featured loans with low initial payments that increase over time.

Balloon mortgage -- This is a form of non-traditional financing where your interest rate will be very low for a short period of time—often three to seven years. Payments usually only cover interest so the principal owed is not reduced. This type of loan may be a good choice if you think you will sell your home at a large profit in a few years.

Government-backed loans -- These loans are sponsored by agencies such as the Federal Housing Administration or the Department of Veterans Affairs. They offer special terms, including reduced interest rates to qualified buyers. VA Loans are open to veterans, reservists, active-duty personnel, and surviving spouses and are one of the only options available for zero down payment loans. FHA loans are open to anyone, and while they do require a down payment, it can be as low as 3.5 percent. Drawbacks include a slower loan process and—for FHA loans—the need to pay mortgage insurance.
​
However…As the housing market shifts, so do lending practices. A mortgage broker—an independent professional who acts as an intermediary between you and lending institutions—may be able to help you find a better rate than you can on your own. Also, be sure to shop around; slight variations in interest rates, loan amounts, and terms can significantly affect your monthly payment.

Reprinted from REALTOR Magazine

0 Comments

Price Reductions

7/11/2018

0 Comments

 
6116 Wixshire Drive, Indianapolis, IN 46254

Just reduced! Now $84,500! 3 bedroom, 1 bath ranch with large eat-in kitchen and living room and fenced-in yard. All new paint and tile. Newer furnace. Convenient to everything!
Picture
4749 W County Road 144, Bargersville, IN 46106

Now $217,900! Looking for a country feel with no HOA + large outbuilding (24x48) w/ extra garage & heated workshop on .75 acres? Then you found it!
Picture
0 Comments

Just Sold in Indy!

7/9/2018

0 Comments

 
Congrats to Scott and Carol - wishing you many years of happiness in your new home in Indy!
Picture
0 Comments

Move-In Ready Townhome in Fishers

7/6/2018

0 Comments

 
13957 Wimbleton Way, Fishers, IN 46037

Beautiful move-in ready townhouse close to HTC mall, restaurants, schools and I-69. Two-story entry with wood stairs, rod iron railing and updated light. Spacious Great Room with two archways into kitchen and breakfast bar for additional seating. Kitchen boasts granite counters, staggered cabinets with crown, tile backsplash, stainless appliances and laminate hardwood flooring. Awesome natural lighting through windows that overlook deck. New carpet throughout. All beds with overhead light or fans. Master with private bath and walk-in closet. Mud room bench and laundry room with storage.
 
  • New carpet (2016)
  • Closet organization added in bedroom 2 closet (2017)
  • Updated entry light fixture
  • Mud room bench in lower level
  • Cabinets added in laundry room
  • Security system
  • Wood stairs from lower level to main
  • Rod iron spindled railing
  • Kitchen with laminate wood flooring, staggered cabinets with crown molding, tiled backsplash, granite countertops, cabinet pantry, stainless kitchen appliances stay
  • Wood deck off kitchen
0 Comments
<<Previous

    Archives

    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016

    Categories

    All
    146th
    2022
    Aging In Place
    Arbor Homes
    Avon
    Bay Creek East
    Benefits Of Making Your Home More Eco-friendly
    Blog
    Brighton Knoll
    Britton Ridge
    Broad Ripple
    Brownsburg
    Building A Home
    Buyer
    Buyer Financing
    Buyers
    Buying
    Buying A Flipped House
    Buying A Home
    Carmel
    Cass Estates
    Castleton
    Cedar Bend
    Chapel Woods
    Cicero
    Clark Meadows
    Closing
    CMA
    Columbus
    Condo
    Condos
    Copperstone
    Costs
    Crosses
    Dimora
    DIY
    Elwood
    Fall
    Fall Creek
    F.C. Tucker
    Fc Tucker
    Federal Financing Programs
    First Home
    First Time Home Buyers
    Fishers
    Fixer Upper
    Flip
    For Sale
    Franklin
    Fun Stuff
    Geist
    Greenfield
    Greenwood
    Hancock County
    Hidden Meadow
    Home Buyers
    Home Buying Etiquette Tips
    Home Listing
    Homeowners
    Home Sales
    Homestead Lakes
    Home Tips
    Hunters Creek Village
    Indiana
    Indianapolis
    Indy
    Information
    Investment Property
    Jackson Run
    January 2022
    Jowana Zehrung
    July
    June 2019
    Just Listed
    Keeneland Park
    Keri
    Keri Schuster
    Keystone At The Crossing
    Knightstown
    Landsdowne Dr
    Lawrence
    Lease
    Liberty Creek North
    Lockerbie
    Mapleton Fall Creek
    Mari Walker
    MARKET
    Market Value
    Market Watch
    McCordsville
    M/I Homes
    Mi Homes
    Monrovia
    Mooresville
    Morristown
    Moving
    New Build
    New Construction
    New Home
    New Home Buyers
    New House
    New Listing
    New Listings
    New Palestine
    Nick Surette
    Noble
    Noblesvile
    Noblesville
    Northolm
    Oak Ridge Estates
    Open House
    Open Houses
    Pebble Brook
    Pending
    Pendleton
    Pike Township
    Pine Ridge
    Pine View Estates
    Price Reduction
    Real Estate News
    Realtor
    Reminder
    Repair
    Resources
    Sale
    Scofield Farms
    Selling A Home
    Sheridan
    Smith Meadows
    Sold
    Solds
    Solld
    Spring Knoll
    Staging
    Staging A Home
    Staging Your Home
    Stinemyer Crossing
    Storage
    Storage Space
    Taxes
    Team News
    Team Schuster
    The Heritage
    Tips
    Tipton
    Towns At Trailside
    Transition
    Tucker Mortgage
    Turnberry
    Vikki
    Vikki Duke
    Village Farms
    Villages At Grassy Creek
    Washington Township
    Washing Township
    Wayne Township
    Westfield
    Westons
    Whitestown
    Wildlcat Run
    Zionsville

    RSS Feed

Proudly powered by Weebly
Photos used under Creative Commons from f2 photografia, pstenzel71, verchmarco
  • Home
  • BUY
    • BUYING A HOME
    • Featured Listings
  • SELL
    • Sell your home
    • What is your home worth
  • Meet The Team
  • Contact Us
  • Blog
  • Community Resources
    • Indiana Fun
    • Carmel
    • Fishers
    • Lawrence Twp.
    • Noblesville
    • Westfield
    • Zionsville
  • Review Team Schuster
  • Refer Team Schuster
  • Testimonials