Friday, June 26, 2020

Ever think about moving to the Lake?

Have you ever pondered what it would be like to live on a lake? 

Well,  I did several years ago and made the move to Morse Reservoir.  Best move ever.  There truly isn't anything like it.  It's also a solid investment as the demand will always be high in Central Indiana while the supply is typically very low, thus driving up the prices. 

There are several options available in Central Indiana and I explored them all myself and work with clients regularly pondering and/ or choosing the lake lifestyle.  It truly changes the way you live and look at life. 

It's true that BOAT does mean...Bring Out Another Thousand and that the dock prices are much higher than you would ever guess if you aren't a laker.  I would argue that the positives totally out-way the negatives associated with cost.  Just be ready to pay to play.

  Ask me about my experiences.  I'm happy to talk lake frontage, coves vs. main body, water depth, fishing, surfing, skiing, wake-boarding, boats, docks and whatever other questions you may have.  Again, I've lived through it and developed a large network of boaters and/or lake homeowners.  Don't hesitate to reach out. 

Life is good at the lake!

John Long
Coldwell Banker Kaiser Real Estate
(317) 750-9698
john.long@coldwellbanker.com
IndyHomeNow.com


First Time Buyers - What to Bring to Closing Video!!

Here's a great video that was sent to me by a local title company that explains simply what is needed for your closing.  Don't hesitate to reach out to me for questions anytime.

Thursday, September 27, 2018

Hamilton County Referendum's being passed for School's

Today I received the survey below from the Metropolitan Indianapolis Board of Realtors (MIBOR) asking what we thought about the following:

On November 6, 2018, voters in Noblesville will be asked to consider a referendum for Noblesville Schools for a proposed annual rate of 37 cents of every $100 of a home or business’s net assessed value. The proposal is being made to fund mental health staff and initiatives, safety staff and equipment (53%) and retaining and recruiting high quality teachers and staff (47%).

We would appreciate your time to answer the brief survey below.
In my opinion, the government and schools are taking the easy way out and aren't working hard enough to keep within their current budgets.  They need to be more financially responsible and stop the wasteful spending on school projects. Stop passing referendum's every time a tragedy or event occurs.  They are using our kids and teachers to get more money from the tax payers.  This is the "easy way out" to say we will increase staff, security, or the number of teachers.  What if they actually stopped spending so much money on the high-end finish level of these schools (ie: carpeting, or gymnasiums, sports facilities, etc). 
I'm all for sports and having nice schools, but there is too much wasteful spending in my opinion at all governmental levels and it has an impact on the local economy when you start charging homeowners extra for taxes.  It's also reduces the amount of rental properties that can be purchased by investors that aren't paying cash.  For example:  Right now my homeowners with mortgages on their primary residence pay approximately 1% before any referendums.  My investors will pay approximately 2% of assessed value per year and commercial investors 3%.
To reduce it down to the ridiculous let's take a $200k rental property.  My homeowners would pay $2,000 and my investors would pay $4,000 per month.  When you divide $4,000 per month that is $333.33 per month that goes straight to taxes.  Add in the insurance costs of $90 per month and typical HOA fee's in many neighborhoods of $50 per month and the investor will need $473 per month just to break even if the home was paid for in cash.  
When the government passes an additional referendum of .37 cents on every $100 that will increase it another $740 per year or $62 per month. That takes the investor costs up to $535 per month.  
If you don't care about the investor, I hope you are a homeowner because if you are a tenant, they are raising your rent by that much just to break even.  When they raise their rent it increases rent for the entire market.  So your $1,500 per month rent now is $1,562 per month.  For many tenants that means an increase in work hours, which then can decrease quality of life and/or possibly increase cost of child care for the worker. 
So next time someone say's, you are being insensitive by not passing this referendum because schools are doing it for the kids or the teachers (who I do believe are underpaid by the way), just respond by saying....."These items need to be done and paid for, but by being more financially responsible at the school and governmental level, not by increasing my property tax dollars that will have a negative impact on everything I do." 
Referendums = higher taxes
Referendums = higher rent
Referendums = negative impact on local economy
Referendums = people go live where it costs less
*This is real news!


Thursday, August 10, 2017

NEW LISTING AVAILABLE FOR QUICK MOVE-IN LOCATED IN FISHERS - FOUR BEDROOM RANCH HOME


Amazing opportunity for sale in Fishers and available for quick move-in! Four Bedroom Ranch with fenced backyard, open floor plan, vaulted great room ceilings, remodeled interior, updated kitchen with newer appliances, laminate flooring throughout, freshly painted interior & trim. Brand new items include: AC unit, kitchen countertops by Countertop Connections, Whirlpool oven, glass shower door, lighting fixtures, door hardware, refinished deck, plumbing fixtures, ceiling fan and more. This will not last long!

Contact the Indy Home Now Real Estate Team today to schedule a showing!!!

*Selling Homes in Fishers and Hamilton County!