About Indianapolis' Admiral Pointe

I can honestly say that is the "64,000" question! Back when the $64,000 Question was a TV show, most of us were "banking" in our minds another 10% equity in our home, and it continued until the "bubble" burst in the past couple of years. They told us it was coming! It came with a vengeance! We leveraged our homes to buy a new car, send the kids to college, make room additions, give the kids a helping hand BUT a lot of us used it to pay off collective debt from those high interest credit cards. Does this sound familiar? Well it should, because this behavior has been rampant UNTIL NOW.

This is where a little self analysis comes into play. You need to answer some serious questions for yourself. Do I need to move? Why am I moving? What if I wait? You questions should be about NEEDS more than WANTS. I personally bought my home 40 years ago. I paid $35,000 for it. It is now worth $150,000, BUT it was worth $175,000. Get the picture. Plus I owe $125,000. Most of us have "been there and done that" Now the next question is what to do:

If the need to move is real, practical, necessary, mandatory, DO IT NOW1 Interest rates are the best they have ever been. One of my clients is the proud owner of 2 homes. If she drops her price $10,000 on the home that is being sold, She can refinance her current home and save $200 per month. It does not take a mathematicianto calculate her loss will be recovered in less than 5 years. She saved over $50,000 on her new home, so I say put your "pride in your pocket", get rid of the fear and MOVE on with your life.

Realtors are more than just sales oriented. Good Realtors are people oriented. Find the right Realtor, and use them as a sounding board. Realtors can be therapists. In fact I think I will put unlicensed therapist on my card. Because that is what I do for you.