Real Estate Information

Indianapolis area Real Estate answers Blog

Warren Griffin

Blog

Displaying blog entries 1-10 of 147

How Prevent Electrical Fires in the Home

by Warren Griffin

​Home safety is of utmost importance. Whether it’s just you or you have a family. The biggest thing most people overlook is electrical safety. Home electrical fires are estimated at around 51,000 fires a year, with nearly 500 deaths, over 1,400 injuries and $1.3 billion in damages. Naturally there are ways to reduce the risk to you and your family. Here’s a few tips to get you started.

  • Light Bulbs: When using light bulbs be sure to use a bulb with the correct wattage for the fixture you are using it in. A higher wattage bulb can cause the fixture to overheat and possibly cause the bulb itself to explode.
  • Outlets: When it comes to outlets it is always best not to overload them with extra adapters and power cords. Especially so in older homes that may not have a large enough power supply causing breakers to trip or overheat and very possibly cause major fires.
  • Appliances: We own many more appliances now than used to be in the average home 50-60 years ago. Appliances from a simple clock to a computer generate heat. So be sure to give the appliance plenty of circulation space and never leave blankets, towels or anything that will cover them so that they do not overheat and cause an overload or short out an electrical socket.

Electrical fires can be such a dangerous and traumatic incident that following some simple tips can save you or your family’s lives and your family’s livelihood. Here are quite a few more suggestions on how to minimize the possibility of an electrical fire in the home.

What Factors Affect Your Mortgage Rate?

by Warren Griffin

You see advertisements for mortgage rates all over the media and internet.  How can you be sure you’re getting the best rate possible? Even if you compare rates, they probably aren’t practical for you. Here are some points for you to take into consideration.

Economy – The global economy drives all interest rates, including mortgage rates

Property location – Lender costs can go up or down depending on state laws

Lender pipeline – How much business a lender is currently processing

Property type – Single family, multi-family, condo, mobile, co-op, etc.

Loan-to-value – Lower values get a better rate

Home use – Is this home being used for personal use, rental, or vacation?

Credit score – The higher the score, the better the rate

Points – Overall, the higher the costs, the lower the rate

Loan features – Term, documentation, rate adjustment, interest-only payments, etc.

Loan amount – If the loan amount is very high or very low, this can mean higher rates

Mortgage Rates Always Change 

It’s true. In fact, rates can change in seconds! Even politics can affect the rates.  For example, when the current President disbanded his business council, it sent rates spiraling down within 20 minutes! So that means the rate you were quoted before and after that situation will be very different than before.

The good thing about this is that current mortgage rates are as low as they've been in 2017. But home prices are climbing around much of the US. In order to get that low rate and make your home as affordable as possible, you’ll need to get several custom quotes from competing mortgage lenders.

Great Décor Tips for Fall in Indiana

by Warren Griffin

Pumpkins. A definite sign that fall is on your doorstep or is already falling much great gusto from your trees. Matching this cheerful end-of-summer Indiana sensation with fresh homey décor ideas is an absolute must. For starters, an awesome pumpkin or two on your porch and strategically placed saucer pumpkins will add to the effect.

Don’t forget the trees outside shedding their spring and summer growth. Now is the best time to take advantage of their seasonal molting to brighten up your home with some marvelous India colors, like leaf art. Let’s not forget the fun twigs and variety of berries and that become art pieces to make entertaining fall vases and fun DIY welcome wreaths.

Don’t forget that wood stove that’s been sitting quietly over summer. Bring out your best for the fall India nights as the weather gets cooler, giving you a reason to hang out around the warm and mesmerizing flames with friends or family remembering the good times, and looking forward to more to come.

Tips for Safety This Halloween in Indianapolis!

by Warren Griffin

Halloween. A time of treats, fun costumes for the kids and things that go bump in the night. It’s also a time to remember a little caution and safety preparation can go a long way for our young ones. Let us give you a few tips for this year’s Halloween in Indianapolis.

Car accidents are more likely this time of night, so we have a few suggestions. First off, try incorporating reflective tape or stickers into bags and costumes, as well as using face paint, non-toxic of course, instead of visually obstructive masks if possible. It certainly is fun to get your face painted! Also try giving the kids some glow sticks and glow bracelets. Not only will it be extra fun added to their costumes, but will help with added visual for drivers.

Young children, 12 and under should never be out alone without an adult to supervise, and remind the older ones to stay in areas that they are familiar with, are well lit and encourage them to go trick-or-treating with friends.

Check out this link for a few more tips on safety this Halloween. More importantly, don’t let them forget to have a good time this Halloween in Indianapolis, Indiana!

How to Protect Yourself From the Equifax Breech

by Warren Griffin

There's no ignoring the news about the massive data theft of 143 million consumer’s personal data from national credit bureau Equifax.  This theft could affect a lot of lives and might especially affect home buyers and mortgage applicants. Addresses, Social Security numbers, driver’s license and credit card numbers could all be at risk.  These could be made available to the highest bidders on the Dark Web. 

Home buyers and mortgage applicants may be the most at risk, since there is a significant amount of information on file at the credit bureaus. This could cause serious problems down the road, especially during the buying process.

But don’t worry, as you can take steps to protect your identity and credit.  You can lock down your credit files with fraud alerts or credit file freezes, which will prevent people from opening accounts in your name and will prevent them from getting credit reports.

Here are some website that will help you protect yourself:

consumer.ftc.gov/features/feature-0014-identity-theft

uspirg.org/resources/usp/protect-yourself-against-new-account-id-theft

equifaxsecurity2017.com

annualcreditreport.com 

Home Maintenance Tips For September

by Warren Griffin

As summer comes to a close in Philly​, it's time to make sure your home is ready for fall and winter. By performing just a few chores, you can make sure you're ready for the colder months and have less problems during the winter season. Here's a few tasks that are fairly painless and will help you avoid major repair costs when you least expect them.


Check Walkways For Cracks

Before your walkways get covered in the winter, it's a good idea to fix any cracks that could create a tripping or slipping hazard. You can fix small cracks with epoxy.  For serious cracks, you may need to call in a professional.

Clean and Repair Siding

Make sure the siding doesn't have mold or mildew, and check for rotten and warped areas.  You can even use a cell phone or drone to inspect higher areas instead of using a ladder. Inspect the joints for cracks.

Check Leaky Faucets

If you check leaky faucets and pipes now, you can avoid costly repairs if a pipe breaks during the winter.

Want some more tips for maintaining your home? Check out the full list of September maintenance tips here.

Have a Happy Labor Day Weekend in Indy

by Warren Griffin

Are you ready to have fun in Indy this Labor Day weekend?  If you haven't decided how to spend the weekend, don't worry, there's plenty of ways to have fun in Indy.  Here's a few events that might help get the most fun out of your weekend.

Indy LaborFest
Georgia Street | Saturday, September 2, 2017 | 11 a.m.–6 p.m.​

Groovin’ in the Garden
Easley Winery

Devour Indy
Through September 3rd

Indianapolis Zoo​

Have a safe and Happy Labor Day Weekend!
 

Discover the Great parks of Carmel

by Warren Griffin

When was the last time you visited one of the many great parks in Carmel?  Carmel has over 500 acres of park space just waiting for you to enjoy in addition to a full-featured wave water park. Carmel Clay Parks & Recreation takes care of 14 parks and greenways throughout Carmel. 

The water park features a FlowRider wave pool, climbing wall, activity pool, lap pool,
kiddie pool, 1/8-mile lazy river, adventure slides, lily pads and a plunge Slide.

The 14 parks have a wide range of amenities designed to help you get the most from the natural surroundings, as well as sports and relaxation.  There's also a summer camp for the kids, operated by the recreation department.

So what are you waiting for? Go visit one of Carmel's outstanding parks and have fun before summer ends.

Enjoy the Eclipse In Indy!

by Warren Griffin

History is about to be made on Monday as the moon casts it's shadow across the entire United States on Monday.  While Indianapolis may not be in the path of 100% totality, it is still close enough to be a partial eclipse, which will still be spectacular.

If you plan on watching the eclipse on Monday in Indianapolis, this website will provide you with an animation of the time of the eclipse and how it will look in Indianapolis, along with tips for safe viewing.

There will also be solar eclipse viewing events throughout the city if you want to share the experience with others who will appreciate the event.

Just remember to be safe.  NEVER look directly at the sun without proper eye protection, even for a second! The sun will not be completely blocked in Indianapolis, so there is no safe point to look at it without certified eye protection.

Enjoy this historic event with your neighbors and friends in Indy!

Pre-Approval Should Always Be Your First Step

by Warren Griffin

In today's competitive buying market, you need to stand out if you plan on buying a home. One major way you can do this is the make sure you're pre-approved for a loan. This will do two things - show the seller you're serious about buying, and show you how much you can afford.

Also, make sure you work with a local real estate professional.  They have personal relationships with lenders who can be more hands on int he process.  The following 4 points help determine the amount you can borrow:

  1. Capacity: Your current and future ability to make your payments
  2. Capital or cash reserves: The money, savings, and investments you have that can be sold quickly for cash
  3. Collateral: The home, or type of home, that you would like to purchase
  4. Credit: Your history of paying bills and other debts on time

Getting pre-approved is one of many steps that will show home sellers that you are serious about buying, and it often helps speed up the process once your offer has been accepted.

Keep in mind that many potential home buyers overestimate the down payment and credit scores needed to qualify for a mortgage today. If you are ready and willing to buy, you may be pleasantly surprised at your ability to do so as well.

Displaying blog entries 1-10 of 147

Syndication

Categories

Archives