Indianapolis Real Estate Blog

It looks like errors will not be tolerated for HUD Home buyers during this time of transition as new companies take on their responsibilities.  HMBI has recently posted the following on their website: 09/13/2010 - AK, ID, IL, IN, NC, OR, SC, VA, WA, & WV ERROR FREE Contract Package RequiredHUD wi...

Many of us are in the home stretch (rounding 3rd and headed for home) in our 30 Posts in 30 Days Challenge.  So what comes next? First of all, for your final post on Day 30, you can post it here.  It is an unusual group - to post once - that special Day 30 Post for all to see. Some may want to co...

Here is yet another great post from Scott Hayes.  I have been known to have a few blogging ideas and outlines in my notebook, but sixteen?  Read on and get some insight into how this all comes together for him.One of the goals of anyone trying to have a compelling blog, is consistency. For some, ...

There was comment made on a blog post recently about how it is great if the end of mortgage payments would coincide with retirement.  Thanks Wendy Neugent Hayden for that comment (comment  # 5)  By the way, the ability to be free and clear with no additional mortgage payment due is one part of th...

How many times has somebody told you that if you make half of your mortgage payment every two weeks that you will cut 7 years off your mortgage?  It is simply NOT TRUE, at least not in today's interest rate environment. So is this an urban legend? What is the origin of this statement? Well at one...

Some of you may have a common first and last name.  So there may be plenty of folks running around who sport the same first and last name as yours. I knew there was another person in Indiana with the same first and last name as mine.  Several years back, I thought that I didn't need my own name a...

We have all heard about how these are the lowest interest rates since some time in the past.  (A few years ago they were saying the lowest rates since the Eisenhower Administration.)  In the first few pages of a Google search I really couldn't find the last time mortgage rates were as low as they...

A few days ago HUD held a webinar for real estate brokers outlining some of the change to HUD Home sales procedures that would be occurring in coming weeks.  It appears that these changes are in process.  HMBI, the current marketing and management contractor for several states (including Indiana)...

So often the news reports the latest statistics on real estate.  But sometimes the statistics come to differing conclusions. In this post Max Boehmer provides some interesting insights about these data sets that everybody is depending on and some of their limitations. The private-sector Case-Shil...

Personally, I have posted about 100 times on Active Rain.  2 or 3 of those have been re-blogs.  And a handful of my posts have been re-blogged.  The whole point of Active Rain is that we develop original content.  But sometimes there is a post whose ideas could benefit from additional exposure.  ...