allREAL thingsESTATE
January, 2018
REAL ESTATE
View more photos and information of this month’s featured home on pages 28 and 29
1644 Hunsaker Rd., Boonville
Serving Gibson, Knox, Pike, Vanderburgh and Warrick Counties in Indiana and Wabash County in Illinois.
CLARION REGISTER PRINCETON DAILY
MOUNT CARMEL
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Sunday, January 7, 2018
How to transform a fixer-upper CONTRIBUTED CONTENT
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he real estate market will always have its ups and downs, but real estate is an oft-profitable investment. Real estate investors do their investing for various reasons. Some see a house as a place to hang their hats for years and years, while others look at properties as nothing more than investments. Buying a home with the intent to fix it up and resell it is called a “fix and flip.” In such situations, investors buy homes at below-market prices before refurbishing the homes with the goal of recouping their initial investment and then some when the homes are ultimately put back on the market. Flipping has become popular for both expert remodelers and novice investors. It’s reported that 5.5 percent of all single family home and condo sales during the year were flipped properties. This marked an increase from the same time the previous year. Investing in a fixer-upper requires a leap of faith and a vision of what the home can look like in the future. Turning a real estate lemon into lemonade requires certain skills and a good measure of patience. The following are some guidelines to get anyone started. • Don’t bite off more than you can chew. Make an honest assessment of your abilities and which renovations, if any, you can handle. If you are unskilled or inexperienced working with your hands, then it can be easy for an investment property to quickly become a money pit. Before purchasing a property, hire a trained home inspector to tour the home with you and point out all of the areas that will need renovation. With this list, begin getting estimates on how much money the work will entail. Determine if this fits with your budget or not. You do not want to invest so much that it exceeds what you could feasibly recoup when it comes time to sell. • Overlook cosmetic things when visiting properties. Cosmetic issues include all of the easily replaceable items in a home, such as carpeting, appliances, interior paint colors and cabinetr y. Focus on the bones of the house — the architectural integrity and those little touches that you envision having a “wow” factor. • Seek the help of experts. Some flippers think they’ll save the most money by doing all of the work themselves. This isn’t always the case. Professional architects, designers and contractors may help you save money. Contractors have an intimate knowledge of where to buy materials and may be able to negotiate prices based on wholesale or trade costs. In addition, experts can help you avoid common pitfalls because they’ve already done this type of work time and again. It’s smart to rely on expert advice, even if it means investing a little bit more.
• Save money by doing some work yourself. While the pros may tackle the more complex parts of a given project, such as rewiring electricity or changing the footprint of a home, you can still be involved. Ask to participate in demolition, such as taking down walls or removing old materials from the home. Such participation may be fun, and it can save you substantial amounts of money on labor. • Recognize that not ever ything must be completely redone. Realize that, in some instances, a coat of paint and some new accents may be all you need to transform a space. For example, if kitchen cabinets are in good condition, see if they can be refaced or painted instead of
replaced entirely. Install new door pulls/handles to add visual interest. Look for some ready-made items, such as bookshelves, instead of installing custom carpentr y. • Think about what the buyer wants and not what you want. Renovate with an eye toward prospective buyers’ needs. Keep things neutral and accommodating. Research the latest trends to understand what buyers might be seeking in a home. You want potential buyers to envision themselves moving right in. Renovating a fixer-upper takes time, but it can be a worthwhile project, and one that can help anyone turn a profit in a booming real estate market.
Sunday, January 7, 2018
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Growing trends in today’s homes A
CONTRIBUTED CONTENT
lthough the heydays of the real estate boom of the early 2000s have not quite returned, things look positive. In the United States, 1,226,000 new homes were built in 2016, according to data from Consumer Reports. That was the most since 2007. Resales also have been more promising. The National Association of Realtors says the median number of days a home was on the market in April 2017 reached a new low of 29 days. However, low supply levels did stanch existing home sales somewhat. By mid-2017, the market was a seller’s market, with more people in the market for homes than
properties available. But sales during that time were still outpacing sales figures from a year prior. Low interest rates on mortgages and more confidence in the economy has driven many people to make improvements to their existing homes. As is typical, the things homeowners are looking for in 2017 have evolved from years past. The following are some trends that are helping to steer the real estate market further. • Smaller homes: Home sizes in the United States steadily increased for decades, eventually leading to an average of 2,453 square feet in 2014, according to U.S. Census figures. However, Realtor.com reported in 2015
that new construction homes have already begun to shrink by 40 square feet. There seems to be a slight trend toward more modest homes as people consider affordability and maintenance on larger properties. The National Association of Home Builders states buyers are now looking for smaller, more livable homes with flexible floor plans, energy-efficient appliances and plenty of storage space. • Matte finishes: Stainless steel and luster have been popular for years. However, the next big thing is matte finishes on faucets, appliances and even in countertops. These less flashy finishes are prized for their warmth and elegance. While some high-end models with matte finishes have been available for several
years, even less expensive models are now available. • Smarter technology: Many homeowners are embracing smart technology throughout their homes, but it’s not just lights that turn on with voice command or more efficient thermostats. Innovative technology includes toilets that can autonomously stay clean and sanitized, refrigerators equipped with cameras so homeowners can see the contents inside and indoor food recyclers that can turn food waste into fertilizer. Staying abreast of the ever-changing trends in home improvement and real estate can help consumers make the best choices with regard to buying and building their homes.
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Sunday, January 7, 2018
Century
#1 in Gibson County “A Tradition in Excellence.”
Home Builders
Referrals produce the majority of our Business. See a few of our Testimonials from happy new homeowners below.
Troy Smith “ That’s we went Quality, with when we built ours. Awesome Vern and Sandy Blain who said “Quality, Quality everywhere I look!” March 2016 experience Sky did everything we asked and never pressured us in anyway. It’s been yearsHaas and said still “We havegot notocomplaints.” Shawn and9 Becky make changes to customize our home to exactly
the way wePeggy wantedJackson it and Skysaid Epperson was really helpful in the whole process. and Ron and “Without Sky we would have never had Sky a new home. would like towere thank himeven from thewebottom of our hearts” CenturyWeHome Builders helpful after moved in.” March 2016 We have a One Acre country lot available Fort Branch and Gibson Southern Schools. We can build on this lot or yours. Pella Windows, Solid Hardwood Doors, Hardwood Trim, Solid Hardwood Cabinetry, Complete Turn Key Building, Ron and Peggy Insulation Jackson said “Without Sky we would have never had a new Owens Corning Northern Pkg, Shaw Flooring. Georgia Easy Banking home. WePacific wouldLumber, like to thank him from the bottom of our hearts” N OPEThur: .Mon 10-6 : rday u t a S 10-5
3 Miles North of I-64 on U.S. Hwy 41
Haubstadt, Indiana PH: 812-768-6536
centuryhomebuilders.info
Sunday, January 7, 2018
812-386-6777
A wish from all of us at Meeks Realty for everyone to have a healthy, happy & prosperous 2018!
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1022 E. Broadway, Princeton See all our listings on Realtor.com and check us out on Facebook!
Broker/Owner
SALE PENDING!
114 S. Main, Oakland City 2BR, 1BA remodeled home, open floor plan, hardwood floors. $67,900 MLS# 201643081
118 S. Main, Oakland City 2BR, 1BA home, fenced bk yard, 1.5 car det grg w/ workshop, many updates. $67,900 MLS# 201725889
219 E. State, Princeton 4-5BR, 2BA home, recently remodeled, 2 car det grg w/ workshop, many updates. $109,900 MLS# 201728438
LOT
SALE PENDING!
REDUCED!
505 S. Stout, Princeton Cozy 3BR, 2BA home w/ updated windows, siding & roof. Stove & Frig included in sale. $79,900 MLS# 201746330
610 N. Hart St., Princeton Beautifully remodeled 3-4BR, 2BA home w/ many updates. Lg. det. garage. Covered front & rear patios. Move-in ready!
$104,900 MLS# 201747699
PRIME FARMLAND!
120 ACRES Maple Street, Francisco Vacant wooded lot close to school and main road. $5,500 MLS# 201711051
512 W. Broadway, Princeton 2BR, 1BA brick home, full bsmt, 2 car det grg, recent updates. $64,900 MLS# 201635651
318 S. Gibson, Princeton 5BR, 2BA home, front & back porches, 2 car carport, full bsmt. $94,900 MLS# 201654861
923 N. Main, Princeton 2BR, 1BA home on 0.23 acres, 1018 sq. ft. $34,500 MLS# 201638742
SALE PENDING!
6289 S. 1150 West, Owensville 3BR, 2 BA barn-style home on 12 +/- acres. 3 income producing mobile homes on property. $160,000 MLS# 201704369
1150 East, Oakland City 10 tillable acres. $170,000 MLS# 201638011 4.09 acres of tillable land. $69,900 MLS# 201640725
REDUCED!
210 W. Morton, Oakland City Beautifully remodeled 2 bedroom, 1 bath home. This home is as neat and clean as they come. A nice easy, comfortable ans convenient place to live. $75,000 MLS# 201748143
211 W. Dale, Oakland City Great investment property!! 2BR, 1BA home features a nice kitchen with newer cabinets and large wooden deck. $44,900 MLS# 201749439
716 S. Main St. Princeton
50 S. 725 East, Francisco 120+ acres in the East Gibson area. Owner wants an offer! $900,000
600’ PATOKA RIVER FRONTAGE
701 W. Broadway, Princeton
$110,000 MLS# 201750655
River Road, Patoka 1.32 acre property great for camping or parking your RV. $10,000 MLS# 201701901
NEW LISTING!
SALE PENDING!
NEW LISTING!
524 E. Water, Princeton Recently updated 3BR, 2BA home with spacious eat-in kitchen & appliances. Partial basement, covered front porch, 1.5 car attached garage, fenced back yard & root cellar. $119,500 MLS# 201754636
5181 W. 100 North, Princeton This home offers a great country location with only a short drive to town. 3BR, 2BA on a half of acre lot. Appliances included. An additional lot is available for sale. $84,900 MLS# 201750230
211 S. Madison, Oakland City Nice 2BR, 1BA home with detached garage on a corner lot. Many updates! $48,400 MLS# 201755009
Gorgeous 4 BR, 2 BA home with so many updates! The interior is ALL NEW! Stainless steel appliances included.
$134,900 MLS# 201747791
40+ individual storage units of various sizes and prices in 2 separate buildings located on busy West Broadway Street. Site has lots of options and room for future expansion.
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Sunday, January 7, 2018
Linda Folsom Broker Associate LindaFolsomHomes.com Cell 812.779.9293 Office 812.473.0123
F.C. Tucker Emge REALTORS® Independently Owned & Operated
LARGE CORNER LOT
NEW PRICE
SALESOLD PENDING!
309 W. Montgomery St., Owensville Great 1BR but could be 2BR, 1BA, 1,341 sq. ft. starter home on a large lot! Many updates. Covered front porch & back
9449 W. 450 South, Owensville
5730 S. 950 W., Owensville
patio. Detached 2 car grg.
3.50 private acres ready to build on! Abundance of wildlife.
4BR, 2BA modern country home sitting on almost 8 acres. Finished
Electric on property.
basement, newer appliances, pole barn with stalls. Above ground pool.
$29,500 • MLS#201747255
$257,500 • MLS# 201750550
SOLD SOLD!
SOLD SOLD!
$87,000 • MLS#201747862
SALESOLD PENDING!
SOLD SOLD!
120 N. Seminary St., Princeton
331 E. State St., Princeton
202 W. Brummitt St., Owensville
Turn of the Century Historical Home built in 1880. 3BR, 1BA with fresh
Appliances included. Low property taxes.
2BR, 1BA home with an open floor plan. New carpet in bedrooms, newer laminate flooring in living room & kitchen. Refrigerator & range included. Very little yard upkeep.
paint, all new flooring and so many more updates. Move-in Ready!!
Historical 3BR 1.5BA turn of the century home. Over 2000 finished sq. ft., original hardwood throughout, gorgeous wrap-around porch, above ground swimming pool and deck.
$74,500 • MLS#201737009
$38,500 • MLS# 201750034
$114,900 MLS# 201744142
$116,500 MLS# 201744201
115 E. Illinois St., Princeton Affordable 3BR, 1BA home on a huge corner lot.
SOLD ACREAGE
704 N. Main St., Patoka Nice 3BR, 1BA country home on 3 acres. Many updates. Hardwood floors. 18’x20’ concrete garage & 24’x32’ pole building.
$69,900 MLS# 201740146
To all of my extraordinary customers, thank you for making 2017 a great year! I’m looking forward to serving you in 2018.
Sunday, January 7, 2018
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Sunday, January 7, 2018
Mundy Real Estate Residential Listings 400 Chestnut St. Mount Carmel, IL. 62863 618-263-3131
6 Skiles Drive, Mt. Carmel
704 E. 4th Street, Mt. Carmel
323 N. Cherry St., Mt. Carmel
1625 N. Cherry St., Mt. Carmel
$325,000
$157,000
$120,000
$135,000
11708 Sugar Creek Ave., Mt. Carmel
11933 Sugar Creek Ave., Mt. Carmel
327 E. 9th Street, Mt. Carmel
403 N. Cherry Street Mt. Carmel
$229,000
$230,000
$62,500
$246,000
1715 N Cherry Street, Mt. Carmel
4 Lambert Place, Mt. Carmel
109 Park Road, Mt. Carmel
437 Park Road, Mt. Carmel
$294,900
$84,500 $199,000 www. mundyrealestate.com
$149,900
Sunday, January 7, 2018
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400 Chestnut St. Mount Carmel, IL. 62863 • 618-263-3131
Commercial Listings 1215 N. Cherry Street
$150,000
602 East 5th Street
715 Chestnut Street
$150,000
$49,000
117 East 4th Street
820 Market Street,
$125,000
$85,000
www.mundyrealestate.com
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Sunday, January 7, 2018
Mundy Real Estate has been Wabash county’s trusted real estate service since 1913. All of our agents will be happy to help you buy or sell your house in the area.
Robert E. Mundy II,Broker 618-263-8945
Verlin Snow,Broker 618-263-8947
Darlene Underwood,Broker 618-263-7569
Dana Magee,Broker 618-263-3131
Kelly Schroeder,Managing Broker 618-263-8946
Emily Teague,Broker 618-262-8948
Dave Wilderman,Broker 618-263-7795
Laura Wilderman, Broker 618-263-7795
Rosalind Nelson Wrye,Broker 618-262-8353
Josh Mortland,Broker 618-263-8925
Sunday, January 7, 2018
ALL THINGS REAL ESTATE 11
Homeowner Association basics COURTESY TIM MASON REMAX MIDWEST REAL ESTATE
I
f you’re looking to purchase a proper ty in a neighborhood, community or building with shared common areas (like a pool, clubhouse, parking garage, etc.) or even a security gate, it’s likely the community or neighbor hood is maintained by a homeowners association, also known as a HOA. When you move into a community maintained by a HOA, you are obligated to join the association and are responsible for any monthly, annual, or special HOA fees that come along with the association. But what is a homeowners association, and what can a HOA do for your community?
THE BASICS The primar y purpose of a homeowners association is to manage a neighborhood’s common areas such as roads, parks and pools. The HOA ensures the community looks its best and functions smoothly. Management isn’t normally free, so owners are expected and obligated to pay monthly or yearly dues to the association that go toward the maintenance and upkeep of the community. Homeowners are also obligated to live by the association’s rule book, also known as covenants, conditions and restrictions (CC&Rs). If you purchase a proper ty in a community with a HOA, you are locked into abiding by the rules and regulations of the HOA. Depending upon how detailed the CC&Rs are for the community, ever ything from the size of a dog to the type of mailbox you have to whether or not vehicles are allowed to park on streets can be dictated by the HOA’s CC&Rs. While many of the r ules within a HOA may seem tedious and unneeded, the goal of the HOA is to maintain a specific aesthetic thr oughout the community. For some, this brings value in that yards are maintained, house colors remain tr ue to the originals of the neighborhood as a whole, trash is not on display for others to see, and overall the community is kept up and thrives. For others, especially those
that don’t like having to adhere to a If you like being active in your list of rules, the HOA can be limiting neighborhood or building, joining the HOA or attending the monthly and its rules bothersome. meetings is a gr eat way to stay up-to-date on the regular goings on of RULE VIOLATIONS While it may seem like the CC&Rs the area. For some, a homeowners of a HOA can be easily ignored, it’s best to stick with what’s safe when association is a great addition to a it comes to your home and the neighborhood or building in that community’s guidelines. In many it guarantees the upkeep of the areas, violation of the r ules or not shared spaces and ensures a certain paying monthly/yearly/special fees quality level is maintained by ever y can lead to notices and fines. In some homeowner. While it may seem like communities, owners can even be there are a lot of rules, the rules help evicted or their properties foreclosed to keep up the general appearance on if violations become egregious. of the proper ties and help keep the Depending on where you choose to resale value of the community up. live, knowing the rules set for th by For others, the many rules can seem the HOA before you lock yourself like a power grab, limiting their into a property is a must, especially freedom of expression and dictating if you’re the type of person that likes what they can and cannot do with to the toe the line when it comes to their own property. sticking to a rule book. ASK QUESTIONS A positive par t of a homeowners In any case, if you’re considering association is that it provides a way for the homeowners to actively a home or proper ty in a community par ticipate in what’s going on in with a HOA, don’t be afraid to ask their community. The association some of the cur rent owners how generally has a board, made up of they feel about the homeowners members of the actual community association, and ask your agent for who are voted into their positions. any information s/he can provide
about the association before you make your final decision, including: • What are the monthly/annual fees associated with living here? • What does my HOA fee cover? • How often do HOA fees increase? • By how much do HOA fees increase? • What are the HOA rules? • Cur rent or anticipated special fees (If the HOA does not maintain sufficient reser ve funds, special fees will be assessed owners at times of roof or siding replacement, etc.) • Number of units that are owner occupied and percentage of units the HOA allows to be rented Definitely ask for a copy of the association bylaws and CC&Rs as well as a copy of the three most r ecent financial statements and association minutes. Review these carefully to help you determine both the association topics currently being discussed and the financial condition of the association. Owning a home within an HOA can be a positive or negative experience. Doing your homework before purchase will help your experience be a positive one.
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How to save enough for a down payment on a house CONTRIBUTED CONTENT
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home is the most costly thing many people will ever buy. The process of buying a home can be both exciting and nerve-wracking. One way to make the process of buying a home go more smoothly is to save enough money to put down a substantial down payment. Saving for a down payment on a home is similar to saving for other items, only on a far grander scale. Many financial planners and real estate professionals recommend prospective home buyers put down no less than 20 percent of the total cost of the home they’re buying. Down payments short of 20 percent will require private mortgage insurance, or PMI. The cost of PMI depends on a host of variables, but is generally between 0.3 and 1.5 percent of the original loan amount. While plenty of homeowners pay PMI, buyers who can afford to put down 20 percent can save themselves a considerable amount of money by doing so. Down payments on a home tend to be substantial, but the following are a few strategies prospective home buyers can employ to grow their savings with an eye
toward making a down payment on their next home. • Decide when you want to buy. The first step to buying a home begins when buyers save their first dollar for a down payment. Deciding when to buy can help
buyers develop a saving strategy. If buyers decide they want to buy in five years away, they will have more time to build their savings. If buyers want to buy within a year, they will need to save more each month, and those whose existing savings fall far short of the 20 percent threshold may have to accept paying PMI. • Prequalify for a mortgage. Before buyers even look for their new homes, they should first sit down with a mortgage lender to determine how much a mortgage they will qualify for. Prequalifying for a mortgage can make the home buying process a lot easier, and it also can give first-time buyers an idea of how much they can spend. Once lenders prequalify prospective buyers, the buyers can then do the simple math to determine how much they will need to put down. For example, preapproval for a $300,000 loan means buyers will have to put down $60,000 to meet the 20 percent down payment threshold. In that example, buyers can put down less than $60,000, but they will then have to pay PMI. It’s important for buyers to understand that a down payment is not the only costs they will have to come up with
when buying a home. Closing costs and other fees will also need to be paid by the buyers. • Examine monthly expenses. Once buyers learn how much mortgage they will qualify for, they will then see how close they are to buying a home. But prospective buyers of all means can save more each month by examining their monthly expenses and looking for ways to save. Buyers can begin by looking over their recent spending habits and then seeing where they can spend less. Cutting back on luxuries and other unnecessary spending can help buyers get closer to buying their next home. • Avoid risky investments. Some times it’s great to take risks when investing, but risk should be avoided when saving for a down payment on a home. Traditional vehicles like certificates of deposit, or CDs, and savings accounts can ensure the money buyers are saving for their homes is protected and not subject to market fluctuations. Saving enough to make a down payment on a home can be accomplished if buyers stay disciplined with regard to saving and make sound financial decisions.
316 N Market St. PO Box 220 Mt. Carmel, IL 628631 Manage your account: Online at www.mtcpu.com Pay by Phone 1.844.843.6840 The SmartHub App for Android & iOS
(618) 262-5151 www.mtcpu.com
Sunday, January 7, 2018
ALL THINGS REAL ESTATE 13
BROSHEARS REALTY & AUCTION OAKLAND CITY, IN 812-749-3274 James Broshears Jr., Principal Broker WWW.BROSHEARSREALTY.COM
0-319 Fenced in 32x50 pole building with 2 rooms for office space, kitchen area, living room space, 1/2 bath, gas furnace & air, garage for repair work, also second 34x48 building on 2.3 acres more or less on road 450S in Somerville area. NEW PRICE $81,000.
WE HAVE BUYERS We Need... • 2 Bedrooms • 3 Bedrooms • Building Sites • Small Acres Buying, Selling – “Call Us” James Broshears, Jr. ... (812) 749-3274
If you’re thinking of selling your property, we have clients. Helping people to buy and sell since 1969. 510 W. Morton Hwy. 64 Oakland City
Call:
0-328 House with 2 car garage on 334 S. Jackson St. in Oakland City. Home has replacement windows, new kitchen cabinets with built-in oven, microwave and cooktop, new bathroom, nice size living and dining room, enclosed front porch, updated main bedroom, second bedroom & back enclosed porch needs some updating, nice place for washer & dryer next to main bedroom. Home has metal roof & vinyl siding.
James Broshears, Jr. 812-749-3274
Jerry Basham 812-749-4446
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How to use trendy ‘Ultra Violet’ hue in home decor BY MELISSA RAYWORTH THE ASSOCIATED PRESS
W
hen the Pantone Color Institute recently announced its color of the year for 2018, the vibrant “Ultra Violet,” it might have seemed a natural fit for fashion and cosmetics. “Ultra Violet is a color that’s almost like a neutral in fashion now,” says New York-based interior designer Brett Beldock. “Every newscaster you see is wearing a purple tie.” But this rich violet is more challenging to use well in home decorating. It can easily overpower a room, and needs to be paired carefully with other shades. We’ve ask Beldock and two other interior designers — Abbe Fenimore, founder of the Dallas-based design firm Studio Ten 25, and Jessica McClendon, founder of the Los Angeles-based design firm Glamour Nest — for advice on bringing his trendy, bold color into home decor in ways that won’t quickly go out of style.
BEST FOR BEDROOMS McClendon says violet can bring a touch of luxury to bedrooms, especially when used sparingly in rich upholstery fabrics. “Go with a deeper or dustier shade for a more mature look or brighter for a playful, younger vibe,” she says. “If you want a softer, more feminine feel, opt for a less saturated or paler tone.” One key is choosing the right fabric: “If you are thinking about using purple on an upholstered item,
opt for fabrics rich in texture or feel,” McClendon says. “Think silk, velvet, chenille, textured woven or even an interesting print. I’m not a fan of just plain solid purple twill cotton because it ends up feeling flat and looking not high-quality.” Along with fabrics, Fenimore likes using violet for accessories in the bedroom “for a rich and sophisticated feel. Amethyst accents like lamps, picture frames or small accessories stacked on books work well,” she says.
CAREFUL PAIRINGS Ultra Violet “can be bold and take over a room quickly if it’s not balanced correctly,” says Fenimore. So use it as a supporting player only. Choose color combinations that make Ultra Violet feel like a part of the room, instead of taking over, she says. Good partners might be celadon green, lavender and soft pink. That palette, with a touch of Ultra Violet, would be beautiful in a modern wallpaper used in a small space like a powder room. Beldock loves violet with white, heather gray, khaki, olive or camel. And a mix of violet, chocolate brown and white, she says, would have a smartly retro 1970s feel that could look very fresh today. One warning about color pairings: “I would avoid mixing the color with red,” says Fenimore. “Together, the two shades will quickly take over a room and create an environment with too much anxiety.”
BE WARY OF WALLS If you’re considering painting your walls violet, Beldock suggests testing a large swatch first. McClendon agrees: “Make sure you look at large samples of the paint before committing. Purple is a hard color, and it straddles a fine line between super-luxurious and cheap. You have to be really thoughtful when choosing a purple paint color.” Look at the samples in dif ferent lights and in different parts of the room. Two ways to moderate violet’s impact on walls: Use it only on a single accent wall, Beldock suggests, or bring it in as part of a wallpaper pattern. In her own wall covering designs, she has used violet as a solid backdrop covered with images rendered in crisp white, or as a playful accent over a simple white background.
HOW MUCH IS TOO MUCH? Ultra Violet a statement color, McClendon says. So even though it’s popular right now, “don’t commit to painting a room or a large piece of furniture unless it works for your true style.” But if you love it, go all in. “I’ve seen rooms that were all purple and amazing,” she says. “Again, it goes back to what your true style is and how you want your space to feel.”
Premier Flooring and Millworks Carpet & Flooring Store • Home Improvement 2000 E National Hwy Washington, Indiana 47501 (812) 257-0700
Sunday, January 7, 2018
ALL THINGS REAL ESTATE 15
415 N Market St, Mt Carmel, IL 62863 618-263-8622
7433 N. Mesa Lake, Mt. Carmel, IL
1227 N Market St, Mt. Carmel, IL
507 Easy St, Mt. Carmel, IL
1201 Oak St, Mt. Carmel, IL
NEWLY BUILT HOME ON MESA LAKE w/OPEN CONCEPT AND COVERED REAR DECK!!
SPACIOUS HOME w/AN ABSOLUTELY AMAZING REMODELED KITCHEN AND REMODELED BATHS--FULL PARTIALLY FINISHED BASEMENT
AMAZING CONTEMPORARY HOME w/ FULL WALK-OUT BASEMENT ON OVER 1 ACRE IN QUIET SUBDIVISION!!
Updated 4 Bedroom/3 Bath in Home in Great Location!!
$102,500
$119,900
$449,900
11548 Sugar Creek Ave, Mt. Carmel, IL
731 W 5th St, Mount Carmel, IL 62863
720 W 1st St, Mount Carmel, IL 62863
631 Vine St, Mount Carmel, IL 62863
WATERFRONT PROPERTY!!! TOTALLY REMODELED EXQUISITE HOME!!
Immaculately Maintained Home w/ Great Updates on Large Lot!!
This lovely ranch home sits in a quiet subdivision setting and offers a large fenced in back yard.
Updated, move-in ready home in a quiet neighborhood on a corner lot!
$269,900
$82,500
$69,900
$125,200
$59,500
Our Real Estate Agents Brandon Hodgson Managing Broker 618-263-8622
Jay Goodson Broker 618-262-3185
Kim Goodson Broker 618-262-3186
Jason Walker Broker 618-262-6164
Cecil Downing Broker 618-240-1346
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Sunday, January 7, 2018
How to find an affordable home in today’s market BY STATEPOINT
A
f fordable housing is in high demand in cities and counties nationwide. Exper ts say that areas grappling with af fordable housing issues may find factor y-built homes to be a powerful tool in addressing this need. Built in a factor y and delivered to home sites, this ef ficient process translates into lower production costs that are passed on to the consumer. The good news is while manufactured homes cost less than site-built homes they are just as high quality. The average new manufactured home costs around $70,600. The cost for a smaller new single-section home can be as low as $20,000. In 2016, manufactured homes accounted for 80 percent of all new homes sold under $150,000. Unfor tunately, when many people think of manufactured housing, the old stereotype of a r un-down trailer park enters their minds. However, most of the more than 37,000 manufactured housing communities in the U.S. are a far cr y from that negative image, boasting amenities like community centers, organized activities and children’s play areas. Other benefits may include: • The option to rent an existing home in the
community or place your own home in the community. • Provided ser vices, which often include professional property management, care and maintenance of common grounds, as well as resources and amenities like trash removal, community centers, playgrounds, storage and laundr y facilities. • The possibility of not paying real estate taxes. While it varies state-to-state, residents of land-lease manufactured home communities often don’t pay real estate taxes, but rather, pay a personal-proper ty tax, of fsetting the cost of landlease rents for the homeowner. • Affordable homeownership, along with many of its benefits, including control over home and yard improvements, as well as convenient parking. • A sense of community. In many communities, there are social or activity clubs, fitness amenities, and friendly and caring neighbors. Indeed, “sense of belonging” is among the most frequent responses about why residents enjoy living in a land-lease community. Newer manufactured homes come in a variety of architectural styles and exterior finishes that will suit most any buyer’s desires, as well as customization oppor tunities, including interior
features like vaulted ceilings, fireplaces and stateof-the-art kitchens and baths. They also feature enhanced energy ef ficiency in an era of rising energy costs, thanks to upgraded insulation and more efficient heating and cooling systems than homes from decades ago. Smar t buyers also are tur ning to ENERGY STAR-labeled manufactured homes for additional savings. Modern manufactured homes are among the safest housing choices today, as homes must adhere to strict federal building standards. All aspects of construction are continually inspected by professionally trained third-parties, and homes feature smoke detectors, and limited combustible materials around furnaces, water heaters and kitchen ranges, as well as wind resistance in areas prone to hurricane-force winds. “The need for quality, af fordable housing has never been greater. However, today’s manufactured homes are high-quality and cost up to 50 percent less per square foot than conventional site-built homes,” says Richard Jennison, president and CEO of the Manufactured Housing Institute. “These savings are allowing more Americans to own a home in the face of an ever-widening housing affordability gap.”
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New ways renters are becoming homeowners BY BPT
T
he world that millennials have grown up in is a lot different than the world the Gen Xers and Baby Boomers knew. The digital revolution, widespread use of smar tphones and adoption of disruptive technologies such as ride sharing and vacation rental apps are just a few of the factors that have altered the social landscape. Unfortunately, rising student debt, rising home prices and other economic factors have hit many millennials and left them to believe that they cannot af ford a home. Many feel as though they have been priced out of the American dream and they will never be able to buy a home. But no matter what your age, there are plenty of ways to become a homeowner, you just have to think a little more creatively. The rise of the rental Looking at current trends, a recent research study found that more U.S. households are now renting than at any time in the last 50 years. With a rising number of renters, many have worried that we are becoming a nation of renters rather than a nation of homeowners. This is most evident with the younger generation, people under 30, who the National
Multifamily Housing Council have found now account for 50 percent of all renters in the U.S. They ar en’t r enting because it’s a mor e affordable option, either. As many residents know throughout the countr y, rents are going up and up. Between 2012 and 2015, the median gross rent has gone up 8.24 percent, rising to $959. When you combine that with the utilities, a deposit and first and last month’s rent, it’s a lot of money to spend on something you will never own.
So why do people choose to rent? One reason is that many don’t realize that just like phones, cars and countless other things we use on a daily basis, homes have changed. New priorities mean a new solution As demand for housing increases, and prices on new and existing homes continue to rise, manufactured housing has adapted to the standards of today’s first-time homebuyers and provides a solution for a market in short supply of quality, affordable options. In 2016, the average sales price for a manufactured home without land was around $70,600 - that’s an average of $48.82 per square foot - making them an af fordable solution to renters looking to become homeowners. “We believe manufactured homes offer a great solution for many households seeking affordable housing,” says Vanderbilt Mortgage and Finance Inc. President Eric Hamilton. “We work with our customers to help find financing options that fit their needs and circumstances.” Renters don’t have to continue doling out a monthly check for something they’ll never own. The housing market has changed and with this change, manufactured homes have brought forth new opportunities to become a homeowner.
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Tips for first-time real estate investors CONTRIBUTED CONTENT
down payments to address any repairs that need to be made. If not, they might have trouble attracting renters willing to pay enough in rent.
R
eal estate can be a good investment that helps build wealth and secure a financial future. According to Investopedia, average 20-year returns in commercial real estate hover around 9.5 percent, while residential and diversified real estate average returns of 10.6 percent. Such figures may seem too good to ignore for many prospective real estate investors. But investing in real estate can be risky, and it’s important that first-time investors consider a host of factors before deciding to delve into the real estate market.
INTEREST RATES Prospective real estate investors may be surprised to learn that investment property loans are often subject to higher interest rates than those for home buyers borrowing to purchase a primary residence, says Quicken Loans. Investors should not count on getting the same or better interest rates for their investment properties that they did when buying the homes they currently live in.
CURRENT FINANCES Real estate can potentially yield big returns, but these may only materialize after investors spend ample amounts of money refurbishing or even maintaining their investment properties. Prospective investors without the capital on hand to finance repairs or routine maintenance may find it difficult to make their properties appealing to potential tenants, which can make it harder to meet mortgage payments. Prospective investors who already have sizable debts, be it consumer debt or existing mortgage payments, may want to pay down those debts before investing in real estate.
DOWN PAYMENTS According to Wells Fargo, mortgage insurance
FINANCIAL RESERVES
does not cover investment property, and loans typically require a minimum down payment of 20 percent of the value of the property. So prospective investors cannot count on mortgage insurance to finance their investments in real estate. Investors should not just make sure they can meet that 20 percent requirement, but also ensure they have enough capital left after making their
Some lenders may require that prospective investors have sizable financial reserves before they will lend them money to invest in real estate. Some may require that borrowers have several months’ worth of reserves to finance both their personal lives and their investments. If a 20 percent down payment would make that impossible, then prospective investors may want to wait a little longer to invest and save more money until their financial reserves would prove more acceptable to lenders. Investing in real estate can yield big returns. But firsttime investors should know that such investments are vastly different than investing in a home for oneself.
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Wise steps to take before an appraiser visits CONTRIBUTED CONTENT
H
omeowners unfamiliar with the appraisal process might not know if there is anything they can do to make the process go more smoothly. While certain variables involved in the appraisal process, such as location of the home and the value of surrounding homes, are beyond homeowners’ control, the Appraisal Institute recommends homeowners take the following steps before an appraiser visits their home. • Clean the house. A dirty home that is full of clutter will not make the best impression on appraisers. Dirty homes may be vulnerable to insect infestations that can lead to structural problems with the home. While a dirty home is not necessarily an indicator of infestations or a reflection of a home’s value, a clean home will create a stronger first impression with the appraiser. • Make any necessary repairs ahead of the appointment. Homeowners who have been putting off repairs should make them before the appraiser arrives.
Homes with repairs that still need to be made will likely be valued less than similar homes with no such repair issues. Though repairs can be costly, investing in home repairs will likely increase both the appraisal and resale value of the home. • Obtain all necessar y documents before the appraiser arrives. Homeowners who have certain documentation at the ready can speed up the appraisal process. Such documentation may include a survey of the house and property; a deed or title report; a recent tax bill; if applicable, a list of items to be sold with the house; purchase history of the home; and the original plans and specifications of the home. • Inform the appraiser about recent improvements. Homeowners can inform appraisers about any recent improvements to the home and the cost of those improvements. The value of home improvements with regard to a home’s appraisal value vary depending on a host of variables, but having such information at the ready can help appraisers make the most informed appraisal possible.
Many homeowners have lofty goals for their homes. Such plans may include extensive renovations or even additions. While many of these projects create beautiful changes in a home, it’s important to consider the impact that renovations can have on property value before beginning a project. Many home improvement projects do not add as much value as homeowners may think they do. In fact, some homeowners “overbuild” for their neighborhoods. This means the amount of money invested in improvements can likely never be recuperated because the house value simply exceeds those around by too much money. To avoid overbuilding, homeowners can ask themselves several questions before beginning a renovation project.
• Will my house be the largest house in the neighborhood? Larger homes tend to have a lower price per square foot, so you may not want to improve to this extent. • Will the house blend with others in the area? If your house will stick out like a sore thumb, it will detract from its own value and could impact the value of other homes in the area. • Have I examined the cost vs. value of the project? Many home improvement resources analyze the cost of a project versus the overall value of that project with regard to property value. For example, a $100,000 basement remodel may not add $100,000 to the value of the home in the event you choose to sell down the line. It’s important to know which projects provide the best return on investment.
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The Tim Mason Team Midwest Real Estate
Tim Mason Jan Mason
Offices in Princeton and Evansville
812-664-0845 812-664-2022
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janmason@remax.net
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329 S. Seminary, Princeton $79,500
914 N. Polk, Oakland City $85,500
• 5BR, 1BA home on nice corner lot • Large front porch • Fenced back yard • Totally remodeled, fabulous kitchen • Replacement windows • Corner lot MLS# 201732345
• Very clean 3BR, 1.5 BA home • New appliances • Refinished wood & laminate floors • Large lot MLS# 201754017
230 E. Spruce St., Princeton $113,900 • Very nice 2BR, 2BA renovated home • Large corner lot • Completely remodeled • Spacious living rm., lg. open kitchen & dining room • Unfinished bsmt. & det. grg. MLS# 201750089
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115 E. Walnut St., Princeton $34,700 • Spacious 2BR, 2BA home • Large enclosed wraparound porch • Wooden deck • Detached garage MLS# 201752175
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802 W. 1225 East, Oakland City $59,500 • 2BR, 1.5BA home • Large living room • Nice front porch • Well shaded at edge of town • Private back yard MLS# 201731759
706 E. Emerson, Princeton $109,900 • Nice 4BR, 2BA home • Large double lot • Fireplace • Sunroom • Large master suite with walk-in closet MLS# 201739184
5920 W. CR 200 North, Patoka $175,000 • Approximately 41 Acres • Good Farm & Recreational property • Remodeled 2BR 1993 Mobile Home MLS# 201729247
53 S. 180 East, Princeton $64,900 • 3BR, 2BA home just outside of town • 1,530 sq. ft. of living space • Home in need of extensive repairs and renovations MLS# 201749854
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ALL THINGS REAL ESTATE 23
AVAILABLE LAND C OMMERCIAL • F ARM & R ECREATIONAL • R ESIDENTIAL COMMERCIAL LAND • 4370 S. 100 E., Princeton–20.5 Acres, $615,000 (Behind Toyota) • 1000 US Hwy. 41 S, Princeton–5.10 Acres, $175,000 • 701 S. Second Ave., Princeton–38 Acres, REDUCED! $1,320,000
FARM & RECREATIONAL LAND • 4235 S. Taleia Dr., Oakland City–23.5 Acres, Horse Farm, Home, Barn, Lake, $999,700 • 5900 N. Old Hwy. 41, Patoka–138.8 Acres, REDUCED! $430,000 • 6100 Gish Rd., Poseyville–56.6 Acres, $368,400 • 200 Sotuh, 100 South, 550 West, Petersburg–169 Acres, $746,900 • 1644 Hunsaker Rd., Boonville–41 Acres, Home, Lake $840,000
Tim Mason 812-664-0845 timmason@remax.net
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24 ALL THINGS REAL ESTATE
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Home improvements that increase value W
hen granite counter tops or shiny, stainless steel appliances beckon homeowners from the display areas of home improvement stores, it’s tempting to gear remodeling thoughts toward the items that will add flair and decorative appeal to a home. Even though most improvements add some measure of value, deciding which are the best investments can be difficult. Return on investment, often referred to as “ROI,” varies depending on the project. Frequently, the projects that seem like the best investments don’t bring the greatest rate of return, while those that seem like smaller projects bring substantial returns. Real estate professionals routinely weigh in with their expert advice, and
homeowners can couple that advice with Remodeling magazine’s annual “Cost vs. Value Index” to reap the greatest financial impact from their renovations. The following were some of the projects that garnered the greatest ROI in 2015. • Open the door to improvement. Region by region across the United States, installation of a new steel door on the front of a home can have a large impact on the resale value of a property. The ROI ranges from 123 percent at the highest, to 86 percent at the lowest — which is still a considerable investment return for such a simple project. Match the door’s style with the style of the house for the best value. • Turn up the kitchen heat. An attrac-
tive kitchen can encourage buyers to overlook some of a home’s less attractive components. In the kitchen, replacement countertops, wall color changes, new cabinetry and flooring offer the biggest ROI. • Dreaming of a new bedroom. Remodeling magazine also points to creating an attic bedroom to increase home value. The ROI of an attic remodel that adheres to code can garner an 83 percent ROI. • Home maintenance projects. There’s little good to improving the aesthetic appeal and functionality of a home if there are existing structural or maintenance issues, warn experts. Siding replacement, HVAC system repair or replacement, a new roof, and basement dampness prevention solutions can be
smarter investments before other flashy remodels. Many buyers have a strict budget for a house, and those buyers may be more likely to buy a house with little or no maintenance issues. Such buyers will then upgrade the kitchen or baths themselves, according to Harvard’s Joint Center for Housing Studies. • Wor thy window replacement. Angie’s List, a home ser vices review and referral resource, has found that the average ROI of new windows is 77 percent. The cost of installation and energy savings tend to offset at around the 10-year point. If remodeling is on the horizon, homeowners should give strong consideration to ROI before choosing a project.
Sunday, January 7, 2018
ALL THINGS REAL ESTATE 25
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Create a sale-worthy showplace make the house look polished. Repair cracks or damaged walkways, and consider a fresh coat of paint on he sentiment “don’t judge a book by its cover” can trim around windows and doors. Pressure-wash siding if be applied to many situations. When it comes to necessary. selling their homes, homeowners should remember this adage as they prepare their homes for prospecPUT THINGS IN STORAGE. tive buyers. Rent a storage unit to house items that can make a Statista indicates that there were 560,000 houses sold home appear cluttered. Clean out closets and cabinets, in the United States in 2016. so that when buyers “snoop” during appointments or Homeowners who want to make their properties open houses they see orderly storage areas. If closets stand out can take the following steps. are brimming with stuff, buyers may assume the house CONTRIBUTED CONTENT
T
DE-PERSONALIZE THE HOME.
doesn’t have enough storage space and move on.
Homeowners fill their spaces with family photos, MAKE IT LIGHT AND BRIGHT. heirlooms, personal interests, and other conversation Open up all of the drapes and blinds, and turn on pieces. Prospective buyers may not be able to see past overhead lights so the house is well-lit. Add table lamps personal belongings and may even be distracted by or other fixtures to especially dim rooms. them. For example, buyers who have strong beliefs about animal welfare may not buy a home displaying CREATE A HOTEL EXPERIENCE. hunting trophies. Remove personalized items where Forbes suggests making bathrooms look like a spa. possible, replacing them with generic items. Stack a few pretty washcloths tied with ribbon, add some scented candles and faux plants and buy bathmats and IMPROVE THE EXTERIOR. towels in coordinating tones. HGTV says that curb appeal is crucial to making a Remove extraneous items from kitchen counters and strong first impression. A messy or lackluster landscape replace them with vases of flowers. In addition, set up can turn buyers away even before they reach the front dining spaces as if one were sitting down to a meal, and door. Mow the lawn and make sure shrubbery has been ensure appliances are sparkling clean. trimmed. Seasonal potted flowers and plants can help
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ALL THINGS REAL ESTATE 27
Which renovations are worth investment T
he cost of remodeling a home is easier to stomach when homeowners can expect to recoup a sizable percentage of the costs of the renovation. While basing renovations on their potential impact on resale value may be unwise, return on investment is something homeowners must consider when mulling renovation projects. Many homeowners wonder which renovations will resonate most strongly with potential buyers when a home is put up for sale. According to Remodeling magazine, homeowners are less likely to recoup their investment in a major kitchen or bathroom remodel than they would with basic home maintenance, such as new siding. That’s because buyers are most interested in how the bones of the house — or those elements that keep the house protected and can be costly to fix — were maintained. Each year Remodeling magazine issues its “Cost vs. Value Report,” which highlights the projects that offer the most return on investment. In 2016, the No. 1 project was the installation of fiberglass attic insulation, which could produce 116.9 percent recouped cost and a resale
value of $1,482. Rounding out the top five were manufactured stone veneer for the exterior, a standard new garage door, a steel entry door, and an upscale garage door. Projects with the least return on investment tended to be more expensive undertakings that offered returns of roughly 57 percent. Such projects included bathroom additions, upscale bathroom
additions, upscale master suite additions, upscale bathroom remodels, and deck additions. For those considering more expensive renovations, keep these figures in mind, courtesy of Forbes. • A major remodel of a 200-square-foot kitchen can cost around $113,000, with homeowners recouping 60 percent. • Replacing 1,250-square feet of siding
with new fiber siding can cost $13,000, but homeowners can expect to recoup 80 percent of that cost at resale. • Replacing 10 existing double-hung windows with vinyl low-e glass windows is valued at $14,000, and the return can be between 68 and 73 percent. There are even renovations that seem like good ideas but can actually hurt the resale value of a home. MSN Money lists these projects as money-wasters for those who want to sell soon. • Lavish lighting fixtures can look dated in a few years when trends change. • Wallpaper or textured walls can be notoriously hard to change, and buyers know that. • Kitschy renovations, such as 1950s diner tiles, may appeal to only a select number of people. Neutral renovations are better if resale is the goal. • Many real estate experts warn against converting a bedroom into anything other than a bedroom — even for the purposes of a home office. Such conversions can immediately devalue the property. The same can be said about combining two small bedrooms into one larger space.
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1644 Hunsaker Rd., Boonville $840,000 MLS# 201710065 This custom built lodge style home boasts the most beautiful views you can find anywhere. Built in two phases- 2008 and 2012 and designed by McCullough. Home features five bedrooms, three full and three half baths. This rustic, modern home is located on the water with 41 acres of seclusion, trees and wildlife to be viewed from several angles of each room.
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MIDWEST REAL ESTATE
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ALL THINGS REAL ESTATE 29
1644 Hunsaker Rd., Boonville $840,000 MLS# 201710065
Entertain large groups or a private get together in the lodge room with vaulted wood ceilings and a huge custom made fireplace.
Large in-law suite or man cave with its own kitchen. Large screened porch for nature viewing and relaxing, grilling porch for the outside cooking, functional and beautiful office with a great view to the outside.
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The main kitchen is a chef’s dream with custom made Amish cabinets using quarter sawn white oak and quartz counter tops and features a huge walk in pantry.
Three car attached garage and a one car attached garage. Great hunting and fishing and so much more.
View this listing and more online at: www.TimMasonTeam.com
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Sunday, January 7, 2018
Tips for buying a home in a seller’s market T
CONTRIBUTED CONTENT
he real estate market can be difficult to navigate for both buyers and sellers. First-time buyers can easily become over whelmed as they search for homes, while sellers hoping to get the best price for their homes might be frustrated if offers are slow to come in or fall short of their asking prices. If met with an underwhelming market, many sellers can pull their homes off the market and wait until it becomes more advantageous to sell. But buyers, particularly those shopping in a seller’s market, may not have that flexibility. Buying in a seller’s market can be competitive and frustrating, but buyers can employ various strategies to sur vive such markets and land the homes of
their dreams. • Get mortgage preapproval. Sellers’ markets typically feature low inventory, which can make the buying process very competitive. Prospective buyers who do not have a mortgage preapproval letter in hand when making offers may find themselves losing out on their dream homes to fellow buyers who have gotten preapproval from a lending institution. Sellers may be impatient with buyers who have not yet been preapproved for a mortgage, even accepting a lesser offer from buyers who are ready to begin transactions immediately. The preapproval process is relatively quick and simple, so buyers should not hesitate to apply. • Stick to your budget. Lenders will indicate to prospective buyers how much they’re willing to lend them, and that
figure is typically considerably more than buyers are willing to borrow. In a seller’s market, bidding wars can quickly drive up prices, but buyers should stick to their budgets so they are not house poor after buying. Sticking to a budget can be difficult in a seller’s market, but such patience will likely pay off in the long run. • Be ready to compromise. Unless they have unlimited budgets, buyers often must compromise when purchasing a home. That’s especially true in a seller’s market with limited inventory. Buyers who need to buy a home must identify their needs versus their wants and recognize the likelihood that they will have to compromise. • Work with real estate agents. Some buyers may be tempted to go it alone,
searching for and ultimately buying homes without the help of real estate agents. That can be a foolish move in a seller’s market where competition is high and inventory quickly disappears from the market. Veteran real estate agents have worked in buyers’ and sellers’ markets, and buyers can use that experience to their advantage. In addition, real estate agents likely have access to inventory before homes appear on popular real estate websites, giving buyers working with them a leg up in competitive markets. Buying a home in a seller’s market can be fast-moving and very competitive. But various strategies can ensure buyers still find great homes at great prices in such markets.
Sunday, January 7, 2018
ALL THINGS REAL ESTATE 31
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Sunday, January 7, 2018
The basics principals of property taxes CONTRIBUTED CONTENT
P
aying proper ty taxes is a necessar y side ef fect of home ownership. Across the United States, residents are required to pay proper ty taxes based on an assessment of their homes’ value. Taxes on land and the buildings on it are one of the biggest sources of revenue for local governments. In the United States, proper ty taxes are not imposed by the states, but by the smaller governing bodies in cities, towns, townships, counties, and other jurisdictions. Although the taxes are mandated by a higher gover ning power, the rate at which you pay taxes could be based on a ver y local assessment of the area in which your house is located and the cur rent market conditions. An assessor will visit a home and make a determination on the percentage of tax to be paid depending on the condition of the home, the improvements that have been made and the cli-
mate of the economy in your par- boast some of the highest properticular town or city. Proper ty taxes ty taxes. Residents of Hunterdon are usually calculated by taking the County, New Jersey paid on averassessed value of your home and age $8,600 a year between 2005 and multiplying it by the tax rate that 2009. Those in Lake County, Illinois has been determined by your local pay around $6,500. People living in government. Westchester County, New York can While no one can plan on spending $8,400 “legally” escape paying Individuals who per year. Statistics indip r o p e r t y t a x e s , t h e r e have reached a cate that homes located are several ways to have Ontario cities in cencertain age may be in them lowered. Getting tral Canada have the your home re-assessed is eligible for certain highest proper ty taxes. one such way. Individu- discounts on Tor onto r esidents, for als who have reached a property taxes. example, pay an average cer tain age may be eligiof $3,900. But this may ble for cer tain discounts If you suspect your on proper ty taxes. But require a very low proper ty taxes are high, this may require a ver y income to qualify. her e ar e the steps to low income to qualify. take. There are also some tax • Get a copy of your credits or homestead exemptions proper ty tax assessment from the that may qualify you for a limited local assessor’s of fice and doubleassessed value on the proper ty. check all the information contained According to data from the Tax to see if it is correct. Foundation and Forbes, areas of • Check the assessments of five New Jersey, New York and Illinois comparable homes that have sold in
your neighborhood in the last three years. • An independent appraiser can also provide you accurate information at a cost. Make sure he or she is licensed with the National Association of Independent Fee Appraisers or by the American Society of Appraisers. Some home improvements will increase the value of your home and, in tur n, your proper ty taxes. Here are some of the most common culprits: - extra stories to the home - outhouses, like a guest house - sports courts, like tennis - installation of an inground pool - improvements to fencing - addition of a garage or another room on the home A change in the status of a neighborhood can also give rise to higher property taxes. An influx of new residents or new construction of stores and homes can have a major ef fect on the assessed value of your home.
METRO CARPETS Residential - Commercial 1286 W. 150 S. Hwy 41 N - Princeton, IN 47670 812-385-2279
Sunday, January 7, 2018
ALL THINGS REAL ESTATE 33
“Your One Stop Excavating Needs”
“We Dig It” Commercial and Residential Excavating GILBERT J. RODE & SONS, INC.
812-386-7037 2963 N. 775 E. Francisco, IN 47649 Mon-Fri 7-5 • Sat 7-3
34 ALL THINGS REAL ESTATE
Sunday, January 7, 2018
QUALITY HOMES AT A GREAT PRICE! Our homes can be put over a basement, have 2x6 outside walls on 16� center, drywall throughout, central air, seamless gutter & downspouts, heavy northern insulation package, double thermal pane windows, large closets and more.
Baird Homes Has Been In Business Since 1947 7
28x56
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ting at r a t S s e Hom
$
59,900!
824 Niblack Blvd., Vincennes, IN
1-800-743-7004
www.Bairdhomesvincennes.com
Sunday, January 7, 2018
ALL THINGS REAL ESTATE 35
Safe Home Solutions for Aging In Place There’s No Place Like Home Your home is a place of peace and safety, however, if you do not update your home as you age, the home can quickly become threatening. Ensuring your home is equipped to keep you safe is very important as you age. These updates may include grab bars, traction strips, stair lifts, walk·in tubs, and more! Williams Bros Pharmacy offers a variety of independent living solutions and accessible home modifications to assist with necessary updates to keep your home safe and welcoming to everyone.
Update Your Home for Safety and Comfort Williams Bros Pharmacy can assist with updates to your or your loved one’s home. Some of the most common home modifications include: • Grab bars in any room • Interior and exterior ramps • Doorway thresholds ramps for indoor and outdoor locations • Custom stair li fts, vertical platform lifts (VPLs) or home elevators • Walk- In tubs or showers with benches and hand-held shower heads • Curb-less or barrier-f ree showers • Ceiling lifts Don’t wait anot her day to be safe and independent in your home. Visit a Williams Bros. showroom to see products and accessible designs in person or contact the accessible home modification experts at Williams Bros. by signing up for a Free Home Safety Assessment in the left column or calling 800-264-0064 and ask for Safe Home Solutions now.
• INDEPENDENT RETAIL PHARMACY • HOME MEDICAL EQUIPMENT • INFUSION THERAPY • RESPIRATORY SERVICES
101 W. Brumfield, Princeton, IN 47670 812-386-5194
36 ALL THINGS REAL ESTATE
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Schools a major factor in home purchase T
CONTRIBUTED CONTENT
here are many factors buyers consider when shopping for a home. From the number of bedrooms to the size of the backyard, prospective buyers have their priorities with what they’re looking for in a home. Parents to young children or couples who are planning to star t a family soon should also consider the school system. Although granite countertops and interior living area may be foremost on the minds of house shoppers, individuals also have to take school districts into consideration when looking at homes, particularly if they’re concerned about giving their children the best education possible. According to research by The Wall Street Journal, buyers are willing to pay more for a property if it is in a good school district. That’s because even if they do not have children, buyers know that a good school district helps a home remain attractive. Not all schools are created equal, and some rank better in test scores
and teacher-to-student ratios than others. These are essential factors to think about when looking at homes. Although real estate agents can offer some basic information about what schools are in the area, legally they may not be able to share opinions on how “good” the schools are or be able to break down the demographics of student populations. It is typically up to the buyer to do his or her own research. Because the tax dollars that home owners pay largely go to fund schools and town improvements, it is important to look at the schools. Also, if the home will be a stepping stone to another home in a few years, buyers want to ensure their home has the best chance for resale. Oftentimes, a good school district is a factor future buyers will think about. There are some websites that can help prospective buyers look at the schools in the areas they are considering. GreatSchools.net and Education. com are two of the premier sites. They break down test scores, demographics,
parent and student reviews and many other things that are vital to getting a picture of the school as a whole. The sites also use a ranking system from 1 to 10 (10 being the best) to show how the school stands in comparison to others in terms of test scores. Buyers also may want to make a trip to visit the area they’re considering during school hours. This way they can drive by the school and see for themselves the type of students and parents entering or exiting the building. One also may want to set up a brief meeting with the principal to learn more about the ideals of the school and its goals. It’s also necessar y to look at the proximity of the school to the house. Some towns have r ules in place regarding busing or walking to school. Students who live within a certain distance from the school may have to find their own transportation to and from school. This is something to mull over. Families that are interested in a host of extracurricular activities can also evaluate the town or school dis-
trict based on the spor ts or other opportunities offered to students. Be advised that the school closest to a home might not be the one a student will attend. Zoning laws, and not necessarily proximity, often dictate where a student will attend school. Therefore, it is important to check with the real estate agent or town to ensure the research being done is for the correct school. Some parents prefer their children go to private school, and many towns and cities have a number of options. In addition to the public schools, agents should be able to point buyers toward the private schools in the area. Some may be able to list tuition costs and acceptance requirements. Having a picture of the school district in the area buyers are considering will help offer a better idea of the neighborhood and the people around whom they’ll be living. School districts are important to consider when buying a home, so much so that buyers are willing to pay a little more if it means having a good school in their area.
WABASH ELECTRIC HEATING & COOLING LLC
ON AN ENERGY EFFICIENT HVAC SYSTEM
618-240-3162 Wabash Electric Heating & Cooling LLC Allendale, Illinois 618-240-3162
Sunday, January 7, 2018
SCHOOGIE’S
ALL THINGS REAL ESTATE 37
r e t h g u a D
• Appliances • E-Cigs • Furniture • Home Decor @Schoogies Daughter
Visit any of our two locations in Princeton & Mt. Carmel 130 W. State St., Princeton (On the Square) 812-635-4158
723 N Walnut St, Mt Carmel 618-262-4754
Call the Schafer Team for All Your Construction Needs
“Family Owned & Operated”
Schafer Construction Company Residential & Commercial
Concrete Construction
• General Contractors • New Construction • Remodeling • Kitchens • Tile
• Decorative Concrete • Exposed Aggregate • Patios & Porches • Walkways & Driveways
Kris Schafer 215-0238
Detrix Schafer 677-2205
38 ALL THINGS REAL ESTATE
Sunday, January 7, 2018
Make the most of your limited space D
ownsizing with regard to living space is a trend that has long been associated with empty nesters and senior citizens. As children move out and star t families of their own, many homeowners decide to downsize to less expensive, more manageable properties. But downsizing is not just for seniors anymore. According to a 2017 sur vey from the popular real estate website Trulia, among homeowners currently living in homes larger than 2,000 square feet, more would choose a smaller home than a larger one if they decided to move this year (60.6 percent to 39.4 percent). Homeowners who decided to downsize or those who purchased a small property to begin with may need a few pointers to make the most of their limited space. • Reconsider your fur niture. Furniture can make rooms feel cozy, cramped or spacious. For homeowners with limited space in their homes,
furniture that also can be used as storage can save space without sacrificing comfort. For the bedroom, choose a storage bed if the quar ters are cramped and it’s difficult to find space for two dressers. Such beds also can be used to store bed linens if closet space is limited. Purchase storage ottomans and/or end tables with storage beneath to make living areas feel less cramped. • Discard some items. Homeowners who are downsizing from large homes may need to part with some of their furniture to make their transition to smaller homes go more smoothly. For example, homeowners may need to get by with just one bedroom nightstand and may even need to replace their existing nightstands with something more compact. Discarding living room end tables and downsizing to a smaller cof fee table also can help homeowners make smaller common areas more welcoming and less cluttered.
• Put paint to work. Paint is another way to make the most of a limited space. Painting cer tain pieces of furniture the same color as the wall can make the furniture blend in and feel less imposing. The result is a room that feels calm and open, even if there is less space to move around than homeowners might have grown accustomed to in their larger homes. • Keep surfaces free of clutter. Surfaces such as dining tables, coffee tables and kitchen counters tend to accumulate clutter. While such clutter might not feel over whelming in a large home, in small spaces crowded surfaces can make it feel as though the walls are closing in. Make an effort to keep surfaces free of clutter, resolving to discard or put items away each night before going to bed. Many people wish they could live in homes without as much square footage as their existing homes. For those who have downsized, there are many ways to make the most of less living space.
Congratulations to All Things Real Estate for helping to promote real estate in the area. This office is pleased to take part and looks forward to making new friends, contacts, and customers. Here is some property in the North Knox and surrounding areas. Outstanding Building Site on 6.25 acres on Kyanne Lane just 312 Freelandville Ave., 420 Back St, Bruceville. 3 BR with 2 BA on .4 Bicknell. acre just down the hill 3 BR with basement from the post office. and front porch. Newer Total electric with lots furnace and carpet. of updates including Rented and can be income new cabinets and roof. $38,500. property for you. $34.500.
9734 Worland Rd In the country between Bruceville and Bicknell. 3 BR and 2BA modular on 6 acres with tool shed back a short lane and within 1000 feet of Hwy 67. $155,000.
1102 Durbin, Bicknell, 3 BRs with kitchen appliances and attached garage on a huge yard at the edge of the city park. $47,500.
505 W 11th (Hwy 67), Car wash showing a profit, only one in 10 miles or more. 4 Bays. Yours for $205,000.
WHITE RIVER REALTY
504 W 11th (Hwy 67), 215 Washington, Bicknell. Nice former bank building Former supermarket, excellent location on 1.2 and it’s waiting to become acres. 14519 SF building. a branch bank again. Call Will sell or lease. 812-757-4434 for more $120,000. information and price.
outside of Bicknell. New homes surround, call today.
217 N. MAIN ST. BICKNELL
Ph 812 757 4434
Ron Ackman, Broker/Owner
Sunday, January 7, 2018
ALL THINGS REAL ESTATE 39
40 ALL THINGS REAL ESTATE
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Tips to make your bathroom sellable and enjoyable
W
hen it comes time to sell your home, not all rooms are created equal. Sure, potential buyers will walk through the entire house, but their opinion of a few primar y rooms can ultimately determine whether they choose to offer or walk. Your bathroom(s) - especially your master bathroom - are among these key rooms. As you prepare to put your home on the market, it’s time to take an honest look at these spaces. What do the bathrooms say about your house? Do they say “buy me now” or “no thanks”? If it’s the latter, then it’s time for a few home improvements that will turn the sale of your house from stale to sold.
A SOUND INVESTMENT? Yes, it is. In fact, bathroom remodeling projects are some of the most cost-effective improvements you can make to a home, according to HGTV. A minor bathroom remodel has an average return on investment of 102 percent at the point of sale. A major remodel returns 93 percent of your investment. That means your newly upgraded bathroom will actually help sell your home for more money in the long run. So what are you waiting for? Improve your bathroom today with these six tips below. • Replace that old flooring. Carpet and tiny tile flooring - offering two different looks and feels - are
both similarly outdated when it comes to bathroom decor. Alternately, hardwood floors can add a more current, upgraded touch and can be achieved with water- and stain-resistant ceramic tile that looks like hardwood. This delivers a distinctively modern look in a medium ideal for the humid bathroom environment. • A new look for a familiar soak. Nothing conveys the comfort of an extraordinary bathroom like a luxurious soak in the tub. To set your bathroom, and your home, apart from the competition, replace your existing tub with the Studio Fold Over Edge tub from American Standard. This tub uniquely allows for a custom finish to the front apron to match wall tile and décor, creating a handsomely coordinated room. Plus, the tub’s spacious bathing well and extra lumbar support mean relaxation and enjoyment for you before the sale. • Shed a new light. Proper lighting is essential in any bathroom and up-to-date light fixtures are a great way to increase the wow factor for potential buyers. If your bathroom currently displays the outdated style of exposed bulb fixtures, try replacing them with contemporary wall sconce lights to create a look that is sure to draw your visitors’ attention. • Find a first-rate faucet. Even a perfectly functional bathroom can be discredited by potential buyers if it showcases dated brass faucets and accents. If your space is guilty, try replacing the existing faucet with an
American Standard Patience bath sink faucet. Offered in widespread or single handle models, these classically chic styles allow for easy operation by all users in the home. Plus, the choice of popular polished chrome or brushed nickel finishes provides a high-style look to entice home buyers, while delivering a water-efficient performance. • Sink that old sink. Those rounded-edge Formica sinks had their share of the limelight, but now their time has passed. Today’s modern bathrooms have become edgier, especially when it comes to sinks. Straight-edge designs, made from natural stone, quartz or contemporary solid surface material, are popular sink solutions today. Replacing your old sink with a newer style helps ensure your bathroom isn’t left behind. Home buyers notice sinks, and this is one project you should tackle for higher return when you sell. • Shower your bathroom with a new upgrade. Your showering experience should be as customizable as it is enjoyable. The GROHE SmartControl thermostatic trim offers intuitive, push-and-turn button operation for water temperature and flow rate control, all in a sleek, low-profile design. Available in both round and square styles, in stylish chrome, brushed nickel or white finishes, it’s the shower system you’ll enjoy every morning - and so will your home’s next owners. Start your bathroom project today
HAMILTON’S WATER CONDITONING 5 Williams Brothers Dr. Washington, IN 47501 812-254-0779
Sunday, January 7, 2018
ALL THINGS REAL ESTATE 41
OPEN 7 DAYS A WEEK • “WE SERVICE WHAT WE SELL”
MEMMER’S Start Right. Start Here. Hwy. 41 N. at Lyles Station Rd. Princeton, IN
812-385-2641 Mon - Fri 7am-6pm • Saturday 7am-5pm Sunday 10am-4pm
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Sunday, January 7, 2018
Protect Your Home From The Ravages Of Hard Water
Clogged Pipes Corroded Fixtures Soap Scum
Shortened Life For All Water Using Appliances Water Heater Dishwasher Washing Machine
Call NOW! To Schedule a FREE In-Home Consultation The Best Buy seal is a registered trademark of Consumers Digest, Inc., used under license.
Kinetico of Vincennes Authorized, Independent Kinetico Dealer
Locally Owned & Operated. Over 20 Years Experience in Residential & Commercial Water Treatment.
812-886-1303
800-814-6242
Sunday, January 7, 2018
ALL THINGS REAL ESTATE 43
NEW at King’s!!! LEASE TO OWN! • No Credit Required • Zibby doesn’t check your FICO score • Instant approval decision • Buy now & pay over time
4 Piece Whirlpool Kitchen Pkg. $1999 Stainles Steel
• Side x Side Fridge w dispenser • Self Cleaning Electric Range • Over the-range Microwave • Dishwasher
Check out our NEW Bedroom & Dining Room Groups!
LG • Samsung • Whirlpool • Kitchen Aid Frigidaire • Amana • Bosch • Maytag • GE
Samsung • LG • Bose
New Samsung Curved Screen TVs New Ultra High Definition TVs Sizes up to 82” in stock!
$399
Sectionals from $999
FURNITURE
Sofas from $49 9
Klaussner • Jackson • Catnapper • Fusion Southern Motion • Home Stretch • Liberty
55” Curved Ultra HDTV $499
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Queen Set
Also Available in Twin, Full & King Hurry in While Supplies Last!
Whirlp o Top Lo ol a Washe d r $ 3 49
ELECTRONICS
Symbol Eurotop •Premium Bamboo Cover •Foam Encased Perimeter •High Profile Innerspring Support
Interest Free Interest Financing w/approved application See Store Details
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Special Purchase 12” Gel Foam Mattress
Up to 18 Months
Check out our Mattress Showroom! Over 36 Models to choose!
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$99 each
Hours: Illinois Time Mon - Fri 9-6 Sat 9-5 Sun 12-4
Between Lawrenceville & Vincennes on old Hwy 50 • 618-943-3351
Reclining Sofas from $599
44 ALL THINGS REAL ESTATE
Sunday, January 7, 2018
Construction spending hit record high in November BY MATT OTT THE ASSOCIATED PRESS
WASHINGTON — U.S. builders spent 0.8 percent more on construction projects in November, the four th consecutive monthly gain. November advance follows October’s revised 0.9 percent gain, the Commerce Department said Wednesday. The increase brought total construction spending for the month to a seasonally-adjusted annual rate of $1.26 trillion, an alltime high. Private construction spending, which was up 1 percent from last month, also hit an all-time high. The increase in spending by builders, along with a robust manufacturing report released separately Wednesday, underscores the solid momentum of the U.S. economy heading into the new year. The November increase was led by a solid advance in homebuilding, which rose 1 percent
from October as strength in single-family construction offset weakness in apar tment building. Construction of single-family homes rose 1.9 percent in November, offsetting a 1.3 percent drop in apartment building. Non-residential constr uction rebounded 0.9 percent in November after declining four of the last five months, led by office building, which rose 5.5 percent. Spending on transpor tation construction was up 3.7 percent, putting it 42.2 percent higher than a year ago, the largest advance by far by any sector. Government construction posted a modest 0.2 percent increase after much bigger gains in the previous three months. Federal construction spending plunged 4.8 percent, the biggest drop in five months. That weakness was offset by a 0.7 percent rise in state and local construction, which accounts for more than 90 percent of total government activity.
RCS Slate. AN EFFORTLESS FINISH Slate’s matte finish hides fingerprints, holds magnets and goes with just about anything. It’s an easy way to make your kitchen stand out for all the right reasons.
SUPERSTORE 1704 Hart Street, Vincennes 812-882-1191 • rcsappliances.com Hours: Mon. - Thurs. 9AM - 5PM, Fri. 9AM- 6PM, Sat. 9AM - 5PM
Sunday, January 7, 2018
ALL THINGS REAL ESTATE 45
In Need of Roofing or Remodeling? FREE Estimates • 100% Financing Low Rail Metal Roofing
Vinyl Replacement Windows
• Metal Roofing • Vinyl Replacement Windows • Vinyl Siding • Dimensional Shingles • Standing Seam Roofing
TriState Roofing & Remodeling 12400 Darmstadt Rd., Evansville, IN 47725 • 855-601-7663 OR 812-963-3130 www.tristateroofingandremodeling.com • Locally owned & operated • Licensed/Bonded
RESIDENTIAL • COMMERCIAL • SALES • SERVICE • INSTALLATION
COME AND VISIT OUR SHOWROOM 812-882-3667 812-886-4506 Monday - Thursday 7:30-6:00 and Friday 7:30 - 4:30. Closed on Saturday & Sunday
OVERHEAD DOOR COMPANY OF VINCENNES 1026 Main Street Vincennes@ohdcvg.com
46 ALL THINGS REAL ESTATE
Sunday, January 7, 2018
4001 Vogel Road Evansville, IN 47715 (812) 476-4600 evansville@windowworld.com Accepted Methods of Payment:
Counties Served: Indiana: Vanderburgh, Warrick, Gibson, Posey, Pike, Dubois, Spencer, and Perry Kentucky: Henderson, Union, Webster, McLean, Daviess, and Hancock Illinois: Wayne, Edwards, Wabash, and White
American Express Discover Master Card Visa Cash / Check Financing
Sunday, January 7, 2018
Greer’s
Store Wide All-In ��������� Savings Event
ALL THINGS REAL ESTATE 47
Sale ���� ����
Shop our HUGE IN-Stock Selection of Floor Covering Products!
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A construction loan, tailored to your dreams. One-Step Construction loan program The Old National One-Step Construction loan is a great choice if you’re building your home, looking to lock in a fixed-rate for your construction and permanent term, and want to save on closing costs. • Enjoy interest-only payments during the construction period, up to 12 months • Choose from a variety of fixed-rate loan terms • Up to 90% financing available with lender paid mortgage insurance approval1 • Save money with convenient one-time closing • Available on loan amounts up to $1 million • Work with an experienced Old National construction specialist
Talk with me about your mortgage options or learn more online at oldnational.com/mortgage.
Mick Brothers Mortgage Loan Originator 812-895-4233 mick.brothers@oldnational.com NMLS#7839 Apply online at: oldnational.com/brothers
Subject to credit approval. Property insurance required. 1Loan to value is based on the lower of cost or appraised value. 0417-014
Open Monday through Friday 8am-5pm; Saturday 9am-4pm When you find Owensville, you’ll find Holder’s. Come as a Stranger... Leave as a Friend!
Furniture Delivery Available
Sunday, January 7, 2018
ALL THINGS REAL ESTATE 49
1011 N. Hwy. 257 Otwell, IN 812-354-2197 | www.dutchtown-homes.com
Selling modulars and new and used sectionals and single wides
5 4 Have you met with your builder? Is the cost per square foot a little to high? The JOSEPH is a prefab home that was built to stick built standards. It is an 1800 sq. ft. 3 Bedroom, 2 Bath home on the main level and over 1000 sq. ft. upstairs to ďŹ nish out as you like. The plumbing, heating, cooling, and electric are run and ready to be ďŹ nished out. Give us a call and take a tour of the home to size up the quality of the workmanship. Go to www.RochesterHomesInc.com to see the modular company that has been family owned and operated for the past 40 years. They specialize in modular homes and can customize a home to your liking. This home ďŹ gures out to $98.00 a square foot. Come check it out!! Rochester offers Ranch, Cape Cod and Two Story homes. www.rochersterhomesinc.com for more information.
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Real Estate Transfers GIBSON COUNTY, INDIANA Donald Glenn Sollman Life Estate, etal, to Trent L. and Samantha Sollman, 793 East County Road 1200 South, Haubstadt, $145,000 Tammi L. Vaughn to Rick A. Vaughn, 12373 North County Road 200 East, Haubstadt, $0 Rechelle Wright-Glidewell Trustee, Wright Living Trust, to Jarmon L. and Patricia Perkins, 1112 North Main Street, Princeton, $118,000 John Dunning to Karen Rena Belcher, 424 East Emerson, Princeton, $42,000 Jim Morgan, Trustee, Coleman and Minnie Joyce Davis Revocable Living Trust, to Tim Davis, 144 East 795 South, Indian Hills, Fort Branch, $100,000 Richard and Luanne Whittington to Michael A. and Pamela S. Memmer, off East 450 North, Francisco, $47,500 Thomas Joseph, Philomina O. Thuruthumaly to Kenneth G. and Sherri L. Smith, 1707 Brentwood Drive, Princeton, $215,000.
Jesse Kent and Heather Elaine McDonald to Vicente Reyes and Damayanti Cruz Moreno,66 South Andee Lane, Fort Branch, $187,500 Rick E. and Leslie M. Smith to Jeremy K. and Devin R. Danels, 2124 West 100 South, Princeton (Columbia Estates), $183,500 Charles H. Savage to Evan H. and Evan W. Franklin, 505 North Second Street, Owensville, $39,000 Estate of Hazel McClure by Sandra Parker, personal representative, to Tracy J. Krieg, 2469 South County Road 650, Francisco, $149,000 John M. Bates to Tyler S. Deno, 701 E. Sinclair Street, Fort Branch (Hillcrest Subdivision), $155,000 Adam D. Brothers to Gregory A and Felicia A. Genco, 527 East Water, Princeton, $84,000 Kenneth G. and Sherri L. Smith to Danny W. and Candace K. Pearson, 1121 South Race Street, Princeton, $114,500
R.V. Schmidt Trust to Kevin D. and Kelsea J. Bogan, 11463 East 975 North, Lynnville, $75,000. Dale L. Bell, Darlene C. Burdette and Cody A. Bell to Logan R. Rexing, 12691 Owensville Road, Haubstadt, $125,000 Marie M. Benes formerly known as Marie M.Gordon to Anthony Whitler, 516 East Pinkney Street, Princeton, $62,500 Tina Marie Winters to Conner P. Tackett, 823 North Polk Drive, Oakland City (Harden Addition), $74,000 Karen L. King to MP & PM LLC, 820 West Broadway, Princeton (Embree Enlargement), $5,000 GMAT Legal Title Trust 2013-1, US Bank, NA, as Legal Title Trustee, to Brett Schmidt and Breeanna Hess, 204 North Scott, Owensville, $135,000 Bradley W. and Timothy A. Cullison to Matthew and Laura Nolting, 7677 North Trippett Road, Hazleton, $314,000 James E. and Norma J. White to Charles R. and Angela F. Stiles, East Cross Street, Patoka, $5,000
Michael D. Banister to Mark and Merla C. Russell, 604 West Pinkney, Princeton, $53,500 Shellie M. Thompson to Bryan J. and Elizabeth A. Haig, 100 East, Princeton, $70,000 Angela M. Denu to Jennifer L. Sheperd, 9559 East Main, Mackey, $69,000 Waylon A. and Jessica L. Schenk to Melanie S. and Jordan R. Thacker, 713 South Old Patoka Road, $329,900 David and Shannon Harvey to Tyler Martin, 7837 South 45 East, Fort Branch (Indian Hills), $145,500 Charles P. Epperson to Douglas E. Roderick, personal representative of the estate of Franklin F. Douglas, North Carithers Road, $0 Revocable trust agreement of Patty S. Neufelder to Brent and Vicki Mosier, 10045 North Partridge Avenue, Haubstadt, (Hunters Crossing II Subdivision), $330,000
Sunday, January 7, 2018
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Real Estate Transfers Kimberly A. Reinbrecht to Joshua S. Reinbrecht, 5794 Old Princeton Road, Owensville (BK Ridge Estates 9), $0 Steven R. Obert to Michell T. Obert, 5318 Ind. 168, Fort Branch, $69,200 Jason C. Brucks to John/Rebecca Lynn Hughes, 411 East Broadway, Princeton (Archer’s 2nd), $51,809 Stephanie Morehead to Chase M. Hidbrader, 114 South Eileen Street, Haubstadt, $203,000 Princeton D.G. Properties LLC to Anthony Workman, 129 West Indiana Street, Princeton, $8,000 Michael and Rebeca Truxal to Kendra L. Maikranz, 218 West State Street, Princeton, $150,000. Frances A. Hippensteel to Bob E. Loveless, 605 West Christian, Princeton, $165,000 Patricia D. Vanoven to Dustin M. and Alyssa N. Farmer, 408 West Glendale, Princeton, $50,000. Willow Development Group LLC to Paul Edwards, 904 East Ohio,
Princeton, $69,888 Linda S. Stephens formerly known as Linda S. Newcome to Judy Ann Burroughs-McCord, 1867 Outer Lake Road, Princeton, $143,500. Irving J. Pflug/Ione Belveal etal, O Melvin, to Gene A. Pflug, East 750 South, Oakland City, $78,989 Mildred Degenhart Trust to Michael R. and Linda F. Edwards, 392 East Old Petersburg Road, Princeton, $78,750 Mary Jo France to Karl Pugh, 100 South West Street, Patoka, $5,000 Jeffrey M. Koberstein to Mark A. Couch, South Deerhaven Drive, Princeton, $7,000 Christopher M. Marsh to David G. and Shannon R. Harvey, 303 West Pinkney, Princeton, $59,900. Donna J. Houchin to Gary Thomas Lewis Jr., 5481 West 250 South, Owensville, $0 Kevin Besing to Hannah R. Whitehead, 518 North Hart, Princeton, $82,000
Dorothy Koberstein Trust, Dorothy M. Koberstein and Teresa Dove, co-strustees, to Brian and Katherine Camden, 511 North Gibson, Princeton, $15,000 Jeffrey and Susan N. Willis to Mid West Development, 8495 East Ind. 168, Oakland City, $114,000. Pamela A. Fields to Jason/Melissa Bradburn, 1205 South 1075 Oakland City, $120,000 Lloyd E. and Karen A. Jones to Joh D. Dellinger, 218 West Vine, Oakland City, $85,000 Amber L., Jeffrey R. and Rowena C. Nixon to Andrew C. and Shelby Glass, 313 North Race, Princeton, $84,900. Pamela M. Siekman and half interest Mildred M. Clark Trust to American Land Holdings of Indiana LLC, 1000 South Oakland City (144.852 acres) $2,080,000 Don A. Miller to Jeffery G. and Serena G. Gray, 219 South Franklin, Oakland City, $3,000
Jose Moncada to Juan Walberto Hernandez, 227 East Columbia Street, Oakland City, $500 Home Point Financial formerly known as Stonegate Mortgage Corp., to Christine I. Baize, 1542 South Old Ind. 65, Princeton, $34,000 Christine L. Baize to John Baize/ Jacklyn Kennedy, 1542 South Old Ind. 65, Princeton, $34,000. Roald W. and Lucetia Houchins to Timothy J. and Joe E. Hunter, 1301 West Morton Street, Oakland City, $13,000 Dorothy Koberstein Trust to Brian and Katherine Camden, 625 North Race, Princeton, $10,000 Jerry/Susan M. Davis to Alevan LLC, 901 West Mill, Princeton, $44,000 Joyce L. Woods to Ronald W. and Karen Hughes, 2918 South County Road 525 West, Owensville, $23,000 Melanie S. Cates to William J./ Balinda S. Barney, 6139 North Ind. 65, Patoka, $139,900.
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Real Estate Transfers WABASH COUNTY, ILLINOIS Lewis E Kieffer to Edward L Kieffer, Stacee Kieffer and Lewis E Kieffer, WD, Lot 28 East Point, Mesa Lake Terri L Edwards and Terri L Newton to Donald R Tate Jr and Corina L Tate, WD, Mount Carmel PT Inlot 75 Gregory S Seaton and Julia D Seaton to Ashlie L Broster, WD, Section 18, Township 1S, Range 12, Lots 1 and 2 of Block B Maud, Consideration $312,000 Cassey Lynn Singer and Russell D Singer to Lori A Graham, WD, Lots 1 and 2 of Block B Maud Swanson Ashley and Anderson Ashley to Earl F Weekly and Cindy S Weekly, WD, Lots 5E and 5F of Block 1 Wolf’s Subdivision Robert J Smith to Seth R Hinderliter and Samantha G Hinderliter, WD, Lot 23 Block A Oak Meadow Subdivison Annetta M Smith, Michelle
Beauchamp and Michelle Beauchamp Smith to Seth R Hinderliter and Samantha G Hinderliter, WD, Lot 23 Block A Oak Meadow Subdivision Tyce Wade and Ruby Wade to Megan D. Wade, WD, Section 11, Township 1N, Range 12, Sublot 3 of PT Lot 5 in Allendale Mount Carmel Congregation of Jehovahs Witnesses and Jehovahs Witnesses to JW Congreation Support Inc., WD, Section 30, Township 1S, Range 12, PT NE NW Trevor D Irwin, Gail A Bushur and Gail A Bushur Irwin to Tennis Dairy LLC #3, WD, Section 24, Township 1S, Range 14, Part of the SE Quarter, PT N/2 SE, Consideration $400,400. Dorothy M Chapman and Marilyn K Belless POA to Gayle M Conrady, Doris A Beckerman, Kristin Marie Deverman and Miriam Elizabeth Helton, WD, Section 18, Township 1S, Range 12, PT
Sokeland
NW and Section 7, Township 1S, Range 12, PT SW Brian D Camden Jr and Katherine L Camden to Brandon H Hodgson, WD, Mount Carmel Inlots 254, W/2 Inlot 254 Vernon K Buchanan and Bonnie H Buchanan to Wayne C Johnson Trust and Robert W Johnson, WD, Section 36, Township 2N, Range 12, PT Lot 2 N/2, Consideration $195,000 Tonny L Orr to James Whitten and Linda Whitten, WD, Mount Carmel Outlots 93,94,95,96, Lot 6 Copp’s Addition Allendale First Christian Church, First Christian Church of Allendale and Christian Church Allendale to James Alexander McFarland to Heather N McFarland, WD, Price’s Addition Q, Lot 5 Block Q Prices Addition Allendale, Allendale Blocks Q, Lot 5 Block Q Price’s Addition Allendale
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William Charles Hudson and Shannon Leigh Hudson to Rollie M Spade, WD, Mount Carmel Outlot 220, PT Sublots 9 and 11 of Outlot 220 Midwest Homes of Mount Carmel, Inc to Erin L Cunningham, WD, Mount Carmel Inlot 270, E/2 Inlot 270 Evelyn E Frick Trust, Raymond E Frick Trust and Evelyn E Frick Trustee, Katheryn Lawson POA to Eric B Denney and Jessica L Mason, WD, Lot 12 Greenbriar Subdivision Erin L Cunningham to Levi Johnson and Katelyn Johnson, WD, Mount Carmel Inlot 319, E/2 Inlot 319 Henry Thomas Weir, Anna M Weir and Anna M Waterfield to Henry Thomas Weir and Anna M Weir, WD, N/2 Lot 6 Buchanan’s Subdivision James Robert Asberry and Carley Ann Asberry to Kathy A Paul Trust, WD, Lot 22 Oak Meadow Subdivision
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ALL THINGS REAL ESTATE 53
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54 ALL THINGS REAL ESTATE
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Real Estate Transfers KNOX COUNTY Robert E. Biggs to Robert E. and Doris E. Biggs and Mary Teising, 4183 Main Street Road, Vincennes, part southwest quarter of section 11, Township 2 North, Range 10 West, Johnson Twp. Fort Knox Inc. to All-Star Liquors Inc., 1410 Willow Street, Vincennes, partlot 36 and 37 in Division A of Vincennes Commons lots. Carol A. Sherman to Michael C. Sherman and Tanner Hurley, 3349 East Tower Road, Vincennes, part survey 35, township 3 north, range 10 west, Vincennes Township. Make Evansville Great Again LLC to 917 Charles Street Land Trust, 917 Thomas Street, Bicknell, lot 87 Ridgeview Addition, City of Bicknell. Make Evansville Great Again LLC to 308 State Street Land Trust, Lot 35, Jefferson Heights, City of Bicknell Make Evansville Great Again LLC to 517 East Lawton Street Land Trust, lot 72, Maplewood Addition, City of Bicknell. Make Evansville Great Again LLC to 912 North Charles Street Land Trust, lot 41, Ridgeview Addition, Bicknell. Make Evansville Great Again LLC to 16886 East State Road 58 Land Trust, part of southeast quarter of Section 18, Township 5 North, Range 7 West. Make Evansville Great Again LLC to 307 East Scott Street Land Trust, Southeast end lot 139, Harrison Addition, Vincennes. Make Evansville Great Again LLC to 112 South 10th Street Land Trust, strip of land of width off southwest side of Northeast half of lot 461, City of Vincennes. Jeffrey W. Vories to Staretta R, Jared R. and Rachel J Vories, 3482 South Martindale, Vincennes part of donation 163 Township 2 North Range 9 West Waggoner Properties LLC to First Robinson Savings Bank, 2612 N. 6th Street Robert and Debora Jean Vance to David W. and Lorin N. Wilson, 1218 North 12th Street, Vincennes.
Johnathan Robert and Bonnie Sue and Michael J. Hendershot to Michael J. Hendershot, 3411 East Meier Circle, Vincennes, lot 36 section B Warren Estates Subdivision Vincennes Township. Sheriff of Knox County and Sidney R. Lloyd to Rental Solutions LLC, lots 2 and 3 Pear Palmer’s Second Addition to Oaktown. C.H. Kopp and Sons Inc. to Knox County Soil and Water Conservation District, Fort Knox Road, Vincennes, lot A and D Kopps Subdivision. Sheriiff of Knox County and Christopher A. Hempfling to Dee Anna Haynes, multiple properties, lots 53 Four Lakes Second Subdivision Vincennes and others. Sheriff of Knox County and Sandra L. Hart Estate to Rental Solutions LLC, lot 42 Utterbacks Subdivision Vincennes. Sheriff of Knox County and Dana . Smith, deceased, to Paul R. and Monica L. Powell, lot 47 LaPlante and Joice Subdivision Vincennes. Knox County Habitat for Humanity to Catherine Schultz, lot 3 McCord and Bayard of lot 8 Division A Vincennes Common Lands, Vincennes. Knox County Habitat for Humanity to Roger and Elizabeth McClure, patriot 29, Div. A, VCL, Vincennes. Knox County Habitat for Humanity to April Cox, patriots 14,15 and 16, McCord and Bayard’s Subdivision of Lot 8, Division A of Vincennes Common Lands. Knox County Habitat for Humanity to Jeremy and Sara Harvey, lot 14, Meyers Addition Woodlawn, Vincennes. Knox County Habitat for Humanity to Amy Chamberland, lot 2 McCord and Bayard’s subdivision of lot 8 DIY A VCL YIN Knox County Habitat for Humanity to Joshua and Ashley Clements, patriot 36 Baker’s Second Addition, Freelandville. Steve and Lisa Bouchie to Joshua A. and Tiffany L Stephens, part sur 52 and 53, township 3N, range 10 west Knox etal.
This Very Old House LLC to Rick Szudy, part southeast half lot lot 238, Old Town, Vincennes. Lawrence B. West to Lawrence B. West and Ashleigh Paige West, part east quarter of donation 162 Township 2 north Range 9 west etal. Terry and Susan Lynn to Andrew Pieper, section 10 township r north, range 8 west Knox County. Larry Lehman to Brian Evans, lot 9 White’s Subdivision part survey 48 and location 144, township 3 north, range 10 west. Fort Knox Inc. to Helm 44 Inc., part lot 37 Division A of Vincennes Common Lands in the city of Vincennes. Rod Mullins and Mullins Supply Inc. to Tracy Detty, lot 79 South Park First Addition to Bicknell. Barbara Williamson to Willard Williams, lot 204 Oak Hill Addition City of Bicknell. Knox County Auditor and S8: D Investment Properties to Allied Indiana Investments Inc., 28 feet off west side lot 133 town of Edwardsport. William and Angela Stanley to William and Brenda Holloway, lot 26 Julius Street Four Lakes Subdivision, Vincennes. Tricia J. Purcell to Brian L. Purcell, part UPS 14 Township 3 north Range 10 west, City of Vincennes. Dwaine P. Anderson to Carolyn Anderson, lot 117 Government Subdivision YIN Jerry and Sharon Jones to Leslie K. Newkirk, lot 9 Lamor Acres Subdivision A, subdivision of part donation 2, township 3 north, range 10 west, YIN Twp. James D. and Vicki J. Williams to Nathan D. McCarter, part northeast quarter of northeast quarter of fraction section 20, township Z north, range 8 west, Knox County. William J. Mattingly to Nathan McCarter, part northeast quarter of the northeast 114 of fraction section 20, TZ north, range 8 west, Knox. Knox County Rendals LLC to Brad and Lindsey Letson, patriot 85, DIY B
VCL Township 3 north range 10 west Knox. Ralph and Kathy Wininger to Sunset Rentals LLC, northwest end of lot 91, GOY subdivision UPS 5. Richard W. Bahr personal representative to Board of Trustees for Vincennes University, part sur 58, township 4 north, range 10 west, Washington and Yin Townships etal. Alexander P. Burn to Brian G. Kiel, lot 39 Daleview Estates Section 2. James R. Corridan to Elizabeth S. Corridan, Elizabeth Cutier McNeece, lot 142 Old Town Yin. Janet R. Kiekman and Robert L. Diekman, , to Jack L. McKinnon, part southwest quarter of section 35, township 5 north, range 9 west, Widner. Auditor of Knox County, James and Cynthia K. Luckett to Dennis M. Kordes, lot 11 Shouse Addition, Old Town, Monroe City etal Sue Wick to Savannah M. Farley, patriot 41 and all of lot 42, Sunnyside Subdivision, YIN Anthony Like to Andy and Nichole Like, part donation 171, township Z north range 9 west, etal. Tara D. Fenwick Parman to Richard S. Nardine, lot 12, Hillcrest subdivision part UPS 17, 18 and 19, township 3 north, range 10 west City of Vincennes. Tara D. Fenwick Parman to Richard S. Nardine, part Upper Prairie Surveys 17,18, tt 19, Township 3 north, range 10 west, Knox County and others. Vincennes Developers LLC to East Knox Plaza LLC, part upper prairie 17, township 3 range 10 west, City of Vincennes. Douglas M. Wehrman and Diane M. Parker and Phillip D. Wehrman to Michael W. Wehrman and Christopher G. Madison, lot 2, Kreimeier subdivision, City of Vincennes. Robert K. and Amanda French to William Isler, lot 14 Utierbacks subdivision, Vincennes. Elizabeth Free to John S. and Charlene Draper, partlots 7 6: 8 Dyer Haven Subdivision Vincennes Township Knox County.
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Real Estate Transfers Tamara A. Lamb to Neil and Traci Gordon, lot 103 and 104, Oak Hill Addition, Bicknell. Justin Hation to Annastaisia F. Crosby, lot 32 Manufacturers Subdivision Yin. Roger F. Small to Julia J. (deceased) and Craig C. Small, part donation 168, part location 28, township 2, range 9 West Harrison Township etal. Dustin Richter and Blair Schultz to Doris Richter, part northwest quarter part west half southwest quarter fraction section 21, part location 123, township 5 north range 8 west Widner Township. Mouzin Brothers Real Estate LLC to Bose Farms Inc., part sur 4 TIN, range 9 west, second principal meridian, Harrison Township. Ralph Bilskie to Jeremiah and Nicole Apple, part donation 49 and 181,
township 4 both, range 9 west etal. Robert R. Gartner to Paula C. Mouzin, Virginia B. Cop, Marilyn S. Kirchoff and Julia K. Like, part sur 3 and 4 township 2 north range 9 west Harrison Township. Fannie Mae and Federal National Mortgage Association to Sharon M. and Michael W. Cox, part donation 203 range 4 north, range 9 west, Knox. Byran A. and Belanda R. Higneti Grant to Bryan A. Grant, part sur 56, township 3 north, range 10 west YIN Township. Sheila M. Russell to Grace Wilson, part lot 1, section 16, township 1 north, range 10 west Lai Chan to Zhi Zing Dong, part lot 37, Vincennes Commons lots, Division A City of Vincennes Roy and Valarie Bannister to Melissa Fontaine Johnson, lot 25 Johnson Addition to the Town of Monroe City
Michael B. Carnahan to James Anthis, part of lot 85, Vincennes Commons Lands DIY A township 3 north range 10 west etal. Cyberica Property Corporation to Larry Stuckman, southeast half of lot 485 Old Town City of Vincennes. Carol Miller to Gary Crane, lot 5 Sunnyside Subdivision Marvin A. McGregor to Alberto Delgado Cortes, lots 347, 348, 349, 350 in Reel and Swartzel Subdivisions Vincennes. Clayton A. Wise to Zachary and Jennifer Gilmore, part of donation 37 township Z north Range 9 West etal. Christopher J. Harmon to Trinity T. Wilson and Rachelle Neighbors, lot 26, Memering Subdivision. Richard and Lindsay Rutherford to Alysha M. Queen, lot 346 in Reel and Swartzel Subdivision
Marty L. Padgett to Michael S. Allen, part of lot 1 in Government Subdivision Vincennes. Knox County Sheriff and Scott E. and Amber N. Garner to First Robinson Savings Bank, part of east quarter of donation 69 township 3 north range 9 west etal. Mary Watkins to Peggy Taboas, part of upper sur 17, township 3 north range 10 west City of Vincennes. Basil, Jerry, Larry, Eva Lee and Basil (both deceased) Woodfork to David and Lori Wilson, part sur 39, township 3 north range 10 west Yin Township. Castlerock 2017 LLC to William C. and Brenda L. Holloway, lot 29 in Miller and Bayard Subdivision, City of Vincennes. William B. McCarty to Nathan H. Jones, 869 North Bicknell Road, Wheatland, part donation 131, Township 3 North, Range 8 west, Steen Township.
Top trends for the 2018 housing market I
n the real estate market, springtime is go time. It’s the busiest time of the year for home sales, and with this year’s stable economy and low unemployment rate, the spring of 2018 has the potential to be especially active. Every market is defined by its trends, and while each year is different, identifying these trends early on can be a useful tool for buyers, sellers and agents to navigate the upcoming market and secure the best long-term solution for themselves or their clients. With that in mind, here are a few top real estate trends to watch for in 2018, according to the real estate experts at RE/MAX.
1. GENERATIONS ON THE MOVE
The shift in home buying preferences is more than just an individual choice; it’s a generational one. Two of the nation’s largest generations are suddenly competing with one another in the real estate market. Millennials have come of age, so to speak, and they’re starting to abandon their condos in the city for single-family star ter homes in the suburbs to raise their families. This shift has put them in direct competition with baby boomers, who are looking to downsize to something smaller that meets the needs of their new lifestyle. With these two groups looking for similar hous-
ing, well-maintained single-family homes are expectTo better understand how these changes may ed to go very quickly in 2018. affect the housing search in a given area, potential homebuyers should contact a licensed real estate agent who understands the latest housing policies 2. INVENTORY IS TIGHTENING While the spring will be flush with buyers, it and how those policies will affect a potential home remains to be seen if sellers will follow suit. The sale. fall of 2017 proved to be sluggish in regard to the number of homes available for sale; in fact, 4. TECHNOLOGY IS KING total housing inventor y was down 13.4 percent in Like most other industries, real estate today is proOctober 2017 compared to the same time the year foundly affected by the advent of technology. Homebefore, according to the RE/MAX National Hous- buyers and sellers can go online or use apps to access ing Report. information about a house or the market like never The report also found that only three of the 53 before, and virtual walk-throughs allow a buyer to metropolitan areas repor ted being in a buyer’s enter a prospective home for the first time with few market or having an even balance. For the rest of surprises. the countr y, sellers seem to have the advantage. For buyers and sellers, technology has the potential Will that change in the spring? It may, but buyers to reward those who do their homework and make should be prepared for a market where they will the most of digital options before deciding how to use have to be aggressive to purchase the home they their precious time. want. The 2018 market will be dictated largely by what takes place in the spring, and the trends above figure to play a prominent role in most home sales and 3. HOUSING POLICIES HAVE SHIFTED The presidential election in November 2016 and listings across the country. Every market contains local elections from this past fall both have implica- its own subtle nuances, but homebuyers and sellers tions on housing policy. Adjustments to tax rates, everywhere will benefit from the expertise of an expethe growth or decline of suburban options and zon- rienced real estate agent, one who can help them capiing ordinance changes may all impact the markets talize on these latest trends and leave the 2018 market with everything they ever wanted and more. where consumers are shopping.
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We’re looking forward to another great year with good friends and customers like you! Thanks for helping us achieve new heights of success in 2017. We hope your year is filled with everything that brings you joy!
Tim Mason 812.664.0845
Midwest Real Estate Each office independently owned and operated.
Jan Mason 812.664.2022
www.TimMasonTeam.com