Short Sales Process For Buyers
Short sales are NOT short!
In the midst of several short sale negotiations, experience tells me home buyers do not know what Short Sale means. While visiting a past client yesterday, she asked if a short sale meant the seller was trying to ...
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Posted by Paula Henry on August 30, 2008 in Buyer Resources
Average Home Price in Indianapolis
Once again, Indianapolis Real Estate has led the nation in most affordable housing for the 12th straight quarter. That’s 3 years of consistently offering the most affordable housing to the residents of Indianapolis. The article at CNN ...
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Posted by Paula Henry on August 23, 2008 in Real Estate News
Indianapolis Real Estate Market Report - Traders Point - July 2008
For the month of July, there were 17 homes sold and closed in Traders Point, compared with 12 homes sold in June.
The highest price home was $810,200.
The lowest priced home sold was $82,500.
The average sold home in ...
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Posted by Paula Henry on August 20, 2008 in Market Statistics
Carmel Real Estate Market Report - July 2008
For the month of July, there were 137 homes sold and closed in Carmel, Indiana. There were 136 sold in June.
The highest price home was $1,650,000.
The lowest priced home sold was $62,300.
The average Days on Market for homes sold ...
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Posted by Paula Henry on August 20, 2008 in Market Statistics
Zionsville Real Estate Market Report - July 2008
For the month of July, there were 44 homes sold and closed in Zionsville Indiana; compared to 31 homes sold in June.
The highest price home sold was $957,805.
The lowest priced home sold was $69,730.
The average Days on Market ...
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Posted by Paula Henry on August 20, 2008 in Market Statistics
Fishers Home Sales Report - July 2008
For the month of July, there were 158 homes sold and closed in Fishers Indiana; 32 more than June.
The highest price home sold was $1,125,000.
The lowest priced home sold was $87,500.
The average Days on Market for homes sold was 64 days, ...
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Posted by Paula Henry on August 20, 2008 in Market Statistics
Plainfield Real Estate Market Report - July 2008
For the month of July, there were 27 homes sold and closed in Plainfield, compared with 31 homes sold in June.
The highest price home was $320,000.
The lowest priced home sold was $20,000.
The average Plainfield home sold ...
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Posted by Paula Henry on August 20, 2008 in Market Statistics
Avon Real Estate Market Report - July 2008
For the month of July, there were 84 homes sold and closed in Avon, compared to 89 homes sold in June.
The highest price home was $382,500.
The lowest priced home sold was $69,900.
The average Avon home sold was a three ...
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Posted by Paula Henry on August 20, 2008 in Market Statistics
Brownsburg Real Estate Report - July 2008
For the month of July, there were 56 homes sold and closed in Brownsburg, which is up by six homes over June.
The highest price home was $309,000.
The lowest priced home sold was $59,342.
The average Brownsburg home sold was a three ...
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Posted by Paula Henry on August 20, 2008 in Market Statistics
Real Estate Terms - BPO
BPO is short for Broker Price Opinion. A BPO is most commonly used by banks and investors when determining the property value of a home which is in the pre-foreclosure process.
In place of a full appraisal, the bank or investor will hire a broker or ...
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Posted by Paula Henry on August 20, 2008 in Real Estate Terms
Where Do You Advertise?
This is a common question from home sellers I speak to. What they really want to know is what I am going to do to market their home. I have a very extensive online and offline marketing program designed to optimize exposure to my client’s home ...
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Posted by Paula Henry on August 14, 2008 in Seller Information
Bank Owned Homes in Indianapolis
There’s something about having homes available in the $10,000–40,000 price range, which brings out the investor in everyone. Naturally, there are some great investments in the mix of bank owned homes in Indianapolis; however, there ...
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Posted by Paula Henry on August 10, 2008 in Real Estate News
With Increases To Its Fees, Fannie Mae Makes Buying A Home More Expensive
Fannie Mae announced a new risk-based pricing model and additional mortgage delivery fees this week, adding to the cost of buying a home. Risk-based pricing was first introduced by Fannie Mae this past April. It added new, mandatory loan fees ...
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Posted by Paula Henry on August 7, 2008 in Mortgage News and Info
Making English Out Of Fed-Speak (August 2008 Edition)
For the second consecutive meeting, the Federal Open Market Committee left the Fed Funds Rate unchanged at 2.000 percent. In its press release, the Federal Reserve addresses inflation, saying that it 'has been high', fingering energy and ...
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Posted by Paula Henry on August 5, 2008 in Mortgage News and Info