RECENT BLOG POSTS
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We were hit with two new headlines in the past week that somehow caught some media people by surprise. I think that last November when the tax credits were extended, anybody could have written these headlines that have appeared in August 2010. The original tax credit deadline of close by the en...
08/26/2010
Want a home in the country with a few acres? It seems like everybody and his brother wanted those homes a few years ago and they were in demand. How about a home on or near a golf course? How about a home within a short distance to your work (or even within walking distance?) Or close by your...
08/25/2010
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Not surprisingly, July figures for home sales are way down. Was anybody really expecting them to skyrocket when the tax credits expired? Homes sold by the end of April for the most part closed by the end of June. In May showings and accepted offers were down in volume. So closed sales in July...
08/24/2010
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A condo seller can find themselves in the situation where their unit cannot be sold with FHA financing because of situations beyond their control. Here are some examples: If 15% or more of units are 30 days or more delinquent in payment of their associatioin dues. If 50% or more of units are not...
08/23/2010
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Many in the real estate industry have noted the decline in the number of showing over the past few months. Part of this is of course some of the ongoing uncertainty about the economy. And of course a big factor is the expiration of the tax credits at the end of April. (Where have all the buyer...
08/20/2010
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As of Friday morning, 8/20/10 there were 651 HUD Homes available in the state of Indiana. Here is a breakdown about the HUD Homes available in Indiana: 174 have a list date of 8/20/2010. Some of those are first look homes. Some are homes that have been off market or with a reduced price. 259 o...
08/20/2010
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As we await the transition to the new HUD management and marketing system, business continues under the old system in Indiana. As of 8/13 there were about 650 HUD Homes available statewide. 224 homes have a list date of 8/13. Of those 224, 108 are listed with a list price below appraisal. For ...
08/14/2010
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You know that your speedometer is close, but probably not exact. Is if off by 2 MPH or 5 MPH or how much? If you would like to know, here is an easy way to determine the accuracy of your speedometer. It is commonly known that 60 MPH translates into one mile per minute. So, if the speed limit is...
08/14/2010
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Don't you wish that somebody just had a file that had some basic data about recently built HUD Homes? For people considering an Indianapolis foreclosure or HUD Home, look no further. Today's list has been posted online. It includes address, list price, appraisal, square footage, year built and...
08/06/2010
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The normal rules say that your domain name should be short and to the point, easy to remember and hard to mis-spell. But there is definitely one exception to all of those rules. If you are fortunate enough to find it available, you MUST have your own name as a .com domain name. You might think ...
08/04/2010