Have you ever wondered what a ‘Guaranteed Sale’ is? Some call them ‘buy-outs’ or ‘guaranteed trades’. The fact is, it can be a very useful vehicle for someone wanting to sell their home and not risk two mortgage payments. How, you may ask? Read further, and make an informed decision:
Will I get a fair Price?
How much does it cost?
What if I receive an offer to less than what I am guaranteed?
Will I have to move twice?
Why won't my home qualify if it is already listed with another agent?
Does my home have to be inspected and who pays for it?
How long does the process take?
How is the closing handled?
What if my home sells?
I'm not building. Can I use the program?
Our web site has great information about our Guarantee Program. Please click here for the link to get answers to these questions.
And, remember, anytime you have questions about our Guaranteed Sale Program, or moving, building, selecting your first home or moving up to your next home, contact DAVID BRENTON’S TEAM.
When you are serious about moving… put our TEAM to work for you!
Monday, June 30, 2008
Monday, June 23, 2008
Homeowner Associations
A homeowner’s association is an organization that governs and manages common interests of the homeowners. Some neighborhoods prefer to have their association governed by a professional management company. This method is usually more expensive but provides for a more business-like atmosphere and consistent and impartial treatment of problems in the neighborhood.
Other neighborhoods choose to represent and run their own association, electing their officers and staff from their population. This method usually costs the membership less in yearly membership fees, allowing more funds to be available for improvements, but can cause strife between individuals who do not agree on particular subjects.
Typical duties of a homeowner’s association would be to collect money in advance to provide for snow removal, insurance and maintenance maintaining common areas such as playgrounds, pools, and entrance landscaping.
If you have questions about moving, building, selecting your first home or moving up to your next home, contact DAVID BRENTON’S TEAM.
When you are serious about moving… put our TEAM to work for you!
Other neighborhoods choose to represent and run their own association, electing their officers and staff from their population. This method usually costs the membership less in yearly membership fees, allowing more funds to be available for improvements, but can cause strife between individuals who do not agree on particular subjects.
Typical duties of a homeowner’s association would be to collect money in advance to provide for snow removal, insurance and maintenance maintaining common areas such as playgrounds, pools, and entrance landscaping.
If you have questions about moving, building, selecting your first home or moving up to your next home, contact DAVID BRENTON’S TEAM.
When you are serious about moving… put our TEAM to work for you!
Monday, June 16, 2008
Neighborhood Covenants
An official definition of Covenants, Conditions and Restrictions (CC & R’s) from the Real Estate Dictionary reads: “The basic rules establishing the rights and obligations of owners (and their successors in interest) of real property within a subdivision or other tract of land in relation to other owners within the same subdivision or tract and in relation to an association of owners organized for the purpose of operating and maintaining property commonly owned by the individual owners.”
In short, what it means is that when someone opts to have a parcel of their land divided, they have the right (within certain discriminatory limitations) to direct certain aspects of future building and development. For instance, they may require all dwellings to be built within certain size or with specific amenities (full brick, wood siding, no out buildings, etc.) And, anyone who decides to build or purchase a resale home in that neighborhood must also abide by the original rules. The covenants or restrictions also serve a broader purpose – namely, to promote more universal value within a neighborhood for resale and appraisal.
Covenants are normally enforced in civil or small claims court, which hear complaints lodged by an organized homeowner’s association or an individual. And, unless the restrictions are superseded by a judge’s decision or later discriminatory legislation, the homeowner may be ordered to rectify the source of complaint (keep their lawn mowed, remove the non-approved structure, or close an in-home business, etc.)
When purchasing a home, there are contractual obligations on the amount of time a prospective owner has to review the covenants and back out of the deal if there are any discrepancies between the ways they want to use their property versus the requirements of their neighborhood. It is wise to have your realtor review the covenants with you so you can determine if the property is going to serve you well in the coming years.
Did you know our web site posts several neighborhood covenants? If you’re interested, just go to http://www.move2indy.com/ and select Neighborhoods and follow the prompts. If you have questions about moving, building, selecting your first home or moving up to your next home, contact DAVID BRENTON’S TEAM.
When you are serious about moving… put our TEAM to work for you!
In short, what it means is that when someone opts to have a parcel of their land divided, they have the right (within certain discriminatory limitations) to direct certain aspects of future building and development. For instance, they may require all dwellings to be built within certain size or with specific amenities (full brick, wood siding, no out buildings, etc.) And, anyone who decides to build or purchase a resale home in that neighborhood must also abide by the original rules. The covenants or restrictions also serve a broader purpose – namely, to promote more universal value within a neighborhood for resale and appraisal.
Covenants are normally enforced in civil or small claims court, which hear complaints lodged by an organized homeowner’s association or an individual. And, unless the restrictions are superseded by a judge’s decision or later discriminatory legislation, the homeowner may be ordered to rectify the source of complaint (keep their lawn mowed, remove the non-approved structure, or close an in-home business, etc.)
When purchasing a home, there are contractual obligations on the amount of time a prospective owner has to review the covenants and back out of the deal if there are any discrepancies between the ways they want to use their property versus the requirements of their neighborhood. It is wise to have your realtor review the covenants with you so you can determine if the property is going to serve you well in the coming years.
Did you know our web site posts several neighborhood covenants? If you’re interested, just go to http://www.move2indy.com/ and select Neighborhoods and follow the prompts. If you have questions about moving, building, selecting your first home or moving up to your next home, contact DAVID BRENTON’S TEAM.
When you are serious about moving… put our TEAM to work for you!
Monday, June 9, 2008
Never Bored in Indianapolis!
DAVID BRENTON’S TEAM is proud to contribute to the financial success of the Indianapolis metropolitan area with top-notch real estate service. We are just one niche in a city rich with successful business, cultural and sporting venues. If you are looking in our area to relocating, or just looking for something to do this weekend, just click here for a link that can connect you to information on the different activities Indy has to offer.
Arts & Theatre
American Cabaret Theatre
Arts Council of Indianapolis
Herron School of Art
Indiana Repertory Theatre
Indianapolis Symphony Orchestra
Indianapolis Civic Theatre
Phoenix Theatre
Museums
Children’s Museum
Eiteljorg Museum
Indiana Historical Society
Indiana State Museum
Indianapolis Museum of Art
Sports
Brickyard 400
Central Indiana Bicycling
Indianapolis 500
Indiana Pacers
NCAA Hall of Champions
O’Reilly Raceway Park formerly (Indianapolis Raceway Park)
Attractions
Benjamin Harrison Home
Broad Ripple Village
Conner Prairie
Indiana Black Expo
Indianapolis Zoo
White River Gardens
If you have questions about moving, building, selecting your first home or moving up to your next home, contact DAVID BRENTON’S TEAM.
When you are serious about moving… put our TEAM to work for you!
Arts & Theatre
American Cabaret Theatre
Arts Council of Indianapolis
Herron School of Art
Indiana Repertory Theatre
Indianapolis Symphony Orchestra
Indianapolis Civic Theatre
Phoenix Theatre
Museums
Children’s Museum
Eiteljorg Museum
Indiana Historical Society
Indiana State Museum
Indianapolis Museum of Art
Sports
Brickyard 400
Central Indiana Bicycling
Indianapolis 500
Indiana Pacers
NCAA Hall of Champions
O’Reilly Raceway Park formerly (Indianapolis Raceway Park)
Attractions
Benjamin Harrison Home
Broad Ripple Village
Conner Prairie
Indiana Black Expo
Indianapolis Zoo
White River Gardens
If you have questions about moving, building, selecting your first home or moving up to your next home, contact DAVID BRENTON’S TEAM.
When you are serious about moving… put our TEAM to work for you!
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