Short Sales are NOT Short

Facing Foreclosure in Indianapolis

Indianapolis - What is a Short Sale?

Indianapolis Offers Most Affordable Housing
Indianapolis offers the most affordable housing in the nation, according to CNNMoney. You can read the full story here. I don’t know what the criteria was for determining the most affordable cities to buy a home. It appears to be based on income, average home sale prices and affordability score. The article states the median home price in Indianapolis is $107,000, which is about right. Median home price indicates the number at which as many homes sold above the median price as there were homes sold below the m

6 Lessons My Granddaughter Taught Me
There are lessons to be learned in every breathing moment, should we take time to stop and look around. Sometimes the profound smacks us upside the head and says, “Pay attention”; other times the soft whisper of the wind and the sunset teaches us the beauty of a quiet evening. Life is an ever evolving lesson.

Winning the Bid on a HUD Home
In Pursuit of a Winning Bid For the last eight months I have been working with a first time home buyer in the $80,000 price range.  Based on her criteria, the area she wanted to live and price of the average home in the area, we knew it wouldn’t be an easy search. Not difficult, just not easy! Still, we were able to find homes she liked and made a few offers. One HUD owned home we lost by about $250.00. A couple of bank owned homes needed too much work; a few short sale homes we never received an answer on. Another lost HUD – this time by a lot more. Finally, last week we received confirmation our bid was accepted! Not All Offe

Indianapolis State Capital Building
Indianapolis State Capital Building is a post from: Indy Real Estate Talk

Real Estate Terms : Escrow Account
An escrow account is a designated savings account into which funds get deposited for a specific purpose. With respect to real estate and home loans, escrow accounts are used to pay real estate tax bills and homeowners insurance payments. Escrow accounts are managed and disbursed by lenders. When a homeowner “escrows” his mortgage, along with his scheduled monthly mortgage payment, he must also send an additional payment to