How we help Nick with his real estate transactions by being hands-on

"Bart’s one of the most hands-on realtors that we know. He’s very innovative, and doesn't just do the normal processes that other realtors go through. He looks at lead generation differently, and we've had good luck with him. As a builder, we deal with about 30 homes a year. The whole relationship with Bart is just above and beyond."

What Are the Benefits of Homeownership in Northwest Indiana?

There are many great Northwest Indiana area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (219) 531-1111 for a FREE home buying or selling consultation to answer any of your real estate questions.

Hello, and welcome back to the blog! Today, I want to answer a very common question we've been getting at Bart Vickrey & Co Real Estate. 

We own a handful of rental properties, and our tenants often ask us, "When is a good time to buy?" I always tell them the simple truth: NOW! As soon as you can, you need to buy a home! It's pretty simple: you're either paying your own mortgage, or you're paying for mine! I don't mind if you want to pay mine, but I think you would be better off building equity for yourself, not for me! 

I do appreciate all my tenants, but I want you to understand that the American Dream is homeownership. One of the main reasons is it's a form of wealth building. In a sense, it's an automatic savings account - you pay for your mortgage, part of that money goes to principal, and part of that principal pays down the debt. Once that debt is paid off, you have a very valuable asset on your hands! 

If you think now is the time to become a homeowner, or would like real estate assistance of any kind, don't hesitate to give me a call or shoot me a quick email. We're the number one team in Northwest Indiana for a reason, and we would love to show you what we can do! 

Thanks, and have a great day!

Are Interest Rates on the Rise in Northwest Indiana?

There are many great Northwest Indiana area homes for sale. Click here to perform a full home search, or if you're thinking of selling your home, click here for a FREE Home Price Evaluation so you know what buyers will pay for your home in today's market. You may also call me at (219) 531-1111 for a FREE home buying or selling consultation to answer any of your real estate questions.

The other day, I got an article from a friend about interest rates. It said that because oil prices have plummeted lately, interest rates are going to go down. I found that to be pretty interesting, so I started doing some research myself. An article I found said that because of the drop in oil prices, interest rates are going to rise! Then, in another article, it was predicted that interest rates were going to stay the same! What gives?

With three different predictions in three different articles, what was I supposed to think? I thought long and hard, I looked into my real estate crystal ball, and I found that... I HAVE NO IDEA WHAT RATES ARE GOING TO DO THIS YEAR! 

The truth is: NOBODY DOES! 

Recently, rates have been historically low. Since no one is sure when they'll rise and by how much, now is the time to take advantage of low interest rates! We can't be certain when these conditions will change, so we suggest making a move now, while the market is in fantastic shape! 

If you have a $200,000 mortgage, at a 4% rate, and rates go up 1%, the difference is $120 a month! That one percent rise in the rate will cost you $43,200 over the course of a 30-year loan! With rates at all-time lows, now is the time to make your dollar go further. 

If you have any questions about market conditions here in Northwest Indiana, or would like real estate assistance of any kind, don't hesitate to give me a call or shoot me an email. I would love to help you make the most of this fantastic market!

Thanks, and have a fantastic week!