Roofing and Indianapolis Real Estate by toriola1

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Roofing and Indianapolis Real Estate By Joseph Feross

When looking for new properties to purchase, the Indianapolis real estate market is ripe with possibilities. When hunting for a residential property to own or rent, or if you are just looking for a quick property to flip, there are several factors to consider, and one of them is the outside condition of the roof. The following are areas of concern about the roof of your Indianapolis property that need to be considered before signing on the dotted line. First off, you should consider the damage that the roof is likely to have sustained. When looking at Indianapolis real estate, one must consider the fact that Indiana is subject to routine hail storms. Often times, entire neighborhoods will need maintenance, yet most home owners aren’t knowledgeable enough to know what to look for in terms of damage. Hail damage can occur in several forms, and can you insurance inspector won’t just be looking for large, hail-shaped holes. Most inspectors of Indianapolis real estate look for missing shingles, evidence of leakage or warping of the roof, and the insurance companies behind the inspectors will often times ignore hail damage that is smaller than a ping pong ball. Your roof is a shield, and shields tend to get nicks and scrapes. If the damage to the roof tiles is significant, then most companies will take notice. If your Indianapolis real estate is found o be missing a shingle or two, it may not be an issue for the insurance companies to get involved with. Keep in mind that routine maintenance is necessary or any roof, and insurance companies will actually smile on your efforts if done correctly. Plus, most deductibles on homes go as high as $500, which is definitely less than an average contractor would charge to glue a shingle back in place. Also, there is the issue of leakage. Remember that any leaks that come through your roof are not necessarily the result of massive damage. Indianapolis real estate is subject to violent storms, and sometimes something minor like the sealing along a chimney or dryer vent can come loose, letting in water. Also remember that any water that gets into your attic is going to be dealing with daily temperatures that can get as high as 200 degrees. Most water damage in your attic will take care of itself. The most you may need to check for is the occasional mold inspection, but again, this shouldn’t be a major problem if the leak is caught in time. Now there’s the issue of roof longevity. Most roofs are designed to last for 10 to 15 years. If you buy a
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home in the Indianapolis real estate market, don’t ju7st take their word for it, ask for a receipt of repair to the roof. Also inquire as to which insurance company backed the repair and double check with them. On top of this, don’t hesitate to get a home inspection done before you commit to purchasing. The Indianapolis real estate is a great source of new and used homes. With one of the fastest growing economies in the nation, even in these hard times, Indianapolis is providing homes and jobs to hundreds of new residents each month. Make sure your home, and your roof are both something you take pride in and remember, your roof is your shield; keep that shield in working order to protect the rest of your home. This article is brought to you by Joseph FeRoss and the Indianapolis real estate professionals at Indy Metro Homes. For more information regarding Indianapolis Homes please visit http://www.indymetrohomes.com

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Real Estate Agents Are No Longer Neeeded? By Joseph Feross

Being a Indianapolis real estate agent is becoming a dying breed. Even with the current economic conditions and the decrease of the real estate market, the Indianapolis real estate market was a strong force at the beginning of 2008. Unfortunately, for the agents, they were slowly going away. Because of this, it has affected the condition of Indianapolis real estate. Since these agents worked only on commission, if they didn’t sell anything, they didn’t get paid. The agent doesn’t get much commission if the buyer and seller are not his clients. Since then, many agents have left the real estate industry because of the housing market crash. There have been others who have filed for bankruptcy. For those who have been in real estate a long time, this is all they know and will have to start over training for a new career. Even before the housing market crash, the career of the Indianapolis rest estate agent was in jeopardy. At one they were a key factor to selling a home. They had property listing information at their disposal. It was exclusively available to real estate agents, and they had access to know what the property’s fair market value would be. With that information, they were able to help someone what price range they qualified for when looking to purchase a home. So much has changed since then. Before that, the Indianapolis real estate agent would post a listing on the Multiple Listing Service, or MLS as it is commonly known as. This would have the information that someone would need in order to know if they wanted a property that was up for sale. This information was only available on a private internet system and only real estate agents that were licensed could get it. Now that things have changed, the public has access to whatever Indianapolis real estate property they were interested in. This included the price, number of bedrooms and other information that they wanted to know about. Because of this, there was not a need for an agent to find out how much the property taxes were. Any buyer can now check out what they want without the assistance of a real estate agent. A real estate attorney usually handles the paperwork in regard to the sale of a property. They usually charge a flat rate, which is not as much as what an agent would get for commission. For a flat rate, some agents will act as a transaction coordinator. Some Indianapolis real estate agents have receded this position just to keep afloat. With the demise of the Indianapolis real estate agent, some services have been taken over by others by using a secret code. With that, comes an uncomfortable feeling towards them and they are being resented, which many think is just cause for undermining the agents. With the current financial situation being part of the crash of the housing market, people are now using Craigslist to sell their homes. They are also able to access tools and other information that used to be exclusively for the real estate agent. This article was brought to you by Joseph FeRoss and the Indianapolis IN real estate team. For information regarding Indianapolis Homes visit http://www.indymetrohomes.com

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