Elkhart, Indiana, Deerfield Estates Subdivision, 2010 2nd Quarter Home Sales, Cleveland Township, Elkhart Community Schools

Elkhart, Indiana, Deerfield Estates Subdivision, 2010 2nd Quarter Home Sales, Cleveland Township, Elkhart Community Schools

Deerfield Estates Subdivision is located on the eastside of CR 5, just below the Michigan State Line. The children who live in Deerfield Estates Subdivision who attent public school will go to Elkhart Community Schools.

2010 2nd Quarter Home Sales for Deerfield Estates Subdivision were 1 home priced $162,500 and was marketed for 246 days. This was an arm's length transaction and neither a Short Sale, HUD Home nor an REO Property.

HUD Homes are listed and sold by the US Government's Housing and Urban Development.

REO Properties are homes that are owned by a Bank/Investor which they obtained thru the foreclosure process.

Short Sales are definded as a sale where the debt owing against a property combined with the costs associated with the sale exceed the property's market value. In a loan default situation (pre-foreclosure) , lender(s) may be willing to agree to allow the property to be sold for less than the loan amount and/or accept less than (or "short") the amount owed, and may or many not accept the net proceeds of sale as payment in full of the debt. Short Sales are listed and sold by the Home Owner with the Mortgage Lender's approval.

Most homeowners like knowing what kind of real estate activity is going on in their neighborhood. Evelyn Johnston with Prudential One Realty has some unique tools that allow her to provide very detailed information regarding what home buyers are looking for. If you would like statistics regarding what kind of Internet exposure and buyer traffic your home would have if you listed it with Evelyn and Prudential One Realty, give her a call at 574-304-7148. The Neighborhood Activity Report also shows you what new listings have been added in your area and what listings have experienced status and price changes. Call Evelyn today at 574-304-7148 to see what your home's value is in todays Real Estate Market.

Information is available on other local Elkhart County Subdivisions at elkhartcountysubdivisions.com