Indianapolis Area Real Estate Blog

Indianapolis Homes, Community and Real Estate News

What is a Short Sale?

A short sale is the process by which a homeowner sells their home for less than what is owed to the current lender or lenders or when the cost to sell a home does not cover the current balance due the lender. A short sale is one option for ...

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Defining Average Vs. Median Home Prices

One of the terms which is least understood and most overused in real estate is “average”. It gets used a lot in news media coverage of the real estate industry; I guess, simply because there is not a more definitive way to ...

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Simple Real Estate Definitions : Refinance

A mortgage is a contract between a lender and borrower, defining the terms by which a home loan must be repaid.  The paperwork, signed by both parties, includes provisions for things like: The interest rate The length of the loan The amount ...

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Are You Facing Foreclosure?

A Homeowner’s Nightmare With the economic crisis we are facing in the real estate sector of our economy, many homeowners are realizing their home may not be the investment they thought. The dream of home ownership has turned into a nightmare ...

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Are Loan Modifications Working?

Heres some news which really doesn't surprise me. Earlier this year and under pressure from the government, mortgage lenders made more than 200,000 loan modifications to delinquent homeowners. The modifications came in one of three forms, or a ...

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Tis the Season

Nothing brings life to the Christmas season like a child’s wonderment as the tree is put up, the lights strung and the ornaments hung. Nothing, that is, except this Mimi watching her grandchildren taking in the moment. This is our first year ...

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