Dale & Eke is taking the COVID-19 outbreak very seriously.  So, for the purpose of maintaining social distancing under CDC guidelines and to promote the health and safety of our clients, visitors and staff and reduce the spread of COVID-19, our physical office will be closed until further notice.

For the time being we are limiting all in-office meetings to those clients and potential clients who are not feeling ill or who have not shown signs of illness.  However, we are recommending that, unless you make other arrangements with your attorney, all client and potential client meetings occur via telephone or video conferencing.  If you have any paperwork for us that you need to drop off, please use the mail slot outside of the front door to our office.

We can still be reached at our office telephone number (317-844-7400). Your call will be answered by our office phone system and you may leave a voicemail in the general mailbox or with a specific attorney. All voicemails left in the general mailbox will be routed to the requested attorney or staff.

You may also email the firm through its website at  www.daleeke.com.

We will continue to monitor this evolving situation and adjust procedures as necessary.  Your health and safety, and the health and safety of our attorneys and staff, is our highest priority.  We thank you for your patience and understanding during these uncertain and unprecedented times.

A Professional Corporation of Attorneys at Law

How should you buy a foreclosure?

Buying your home is the dream for a lot of people. If you are in the market for a new home, you may see homes with prices that seem too good to be true. Often, they are true and they may just be foreclosures. Foreclosures are homes owned by the bank because the homeowner could not make payments, explains Next Advisor. 

To buy a foreclosure, you go through many of the same steps that you would with other real estate options. 

Research your options

When choosing a foreclosure, make sure that the price is worth it. Research the property’s location, condition and what type of financing you can obtain. When researching the house, take into consideration any repairs that you have to do. This should factor into the overall cost. 

Stay competitive

When buying a foreclosure, you may feel tempted to make a low offer. One of the myths surrounding foreclosures is that banks want to sell them fast, so they will accept low offers. The reality is that you will probably have competition. If there are multiple bidders, then the bank is less likely to accept a lowball offer. The highest bidder generally wins. 

Perform an inspection

You have the option to hire an inspector to look at a foreclosure. The bank may even encourage that you have an inspection because they do not want to be liable for any problems with the house. Keep in mind that when you buy a foreclosure, you buy a home as-is. Once you purchase the home, you are responsible for any repairs to it.