Short Sales are NOT Short

Facing Foreclosure in Indianapolis

Indianapolis - What is a Short Sale?

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

Buying a HUD Home in Indianapolis
HUD Homes are a Good Value HUD homes in Indianapolis generally represent a great value for the home buyer’s. Since the inception of the $8000 tax credit for first time home buyers, HUD owned homes have  literally been “flying off the MLS active list”, with many being sold in the first ten days. As we near the end of the time frame for first time home buyers to purchase their home, REALTORS® in Indianapolis are witnessing a surge in activity and prices of HUD homes. Why the sudden interest in HUD homes? Although HUD doesn’t go in and repair the homes they own, many of their homes are in much better condition than