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Elkhart REALTOR Evelyn Johnston with Prudential One Realty listed this cute house for sale on a corner lot in Homeland Subdivision, and has had multiple showings and multiple offers. Could the housing market be on the upswing or does the short sale house for sale have appeal because it is a great opportunity to own a home at a great price? So long as you are willing to wait for the complex short sale process, you really can make a great deal!
Not familiar with a Short Sale? A Short Sale is defined as the sale of a home for less than the current Mortgage owed on the property. Not always a Pre-Foreclosure, sometimes a Short Sale is due to the market conditions where the house for sale is located. Such as in a poor economy.
If you seek information about Short Sales, Pre-Foreclosures in the Elkhart County area, call a Certified Short Sale Specialist like Evelyn Johnston at 574-304-7148.
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Elkhart REALTOR Evelyn Johnston has listed a new Short Sale at 23403 Crest Court, Elkhart. This beautifuly landscaped corner lot features 3 bedrooms and 1 bath and a great ground level deck with shading to enjoy your evenings in. The
fenced back yard is also landscaped and shaded with a mature oak tree.What is a Short Sale? It means the property will be sold for less than the current mortgage. It also means that the Mortgage Lender has to agree to the amount someone is willing to pay, since they will be settling for less than full balance. Potentially this is a great bargain for you. Are you a First Time Home Buyer? If so you are elegible for the First Time Home Buyers Tax Credit of up to $8,000, or 10% of the amount you pay for the home. There are some limitations, so give your local Elkhart Real Estate Expert Evelyn Johnston with Prudential One Realty a call at 574-304-7148. She can answer all your questions about this home or any other home listed in the area.
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Elkhart REALTOR Evelyn Johnston has this to say: For those who have decided not to decide about buying a home, Higher home prices are ahead...
For several months now, I have been receiving multiple offers on properties that I have listed. According to an article I read online,The Pending Home Sales Index says all indications show that house prices are indeed on the upswing.
What does this mean to you? It means the urgency to buy is increasing. For several months, perhaps a year folks have been in no real hurry to make a decision on buying a home, even when they both loved it. People are afraid that after buying, the price will drop even further, and they missed an opportunity to get an even better deal! For those of you who have decided not to decide-higher home prices are ahead!
With the First Time Home Buyers Tax Credit extended and enhanced, now is the time to buy! To begin your search, call your local Elkhart Real Estate Expert Evelyn Johnston with Prudential One Realty at 574-304-7148.
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Elkhart REALTOR Evelyn Johnston with Prudential One Realty fights the big guys who hold up short sale processing by filing complaints on her Clients behalf with the Indiana Attorny General's Office. A little known rule in Indiana is the House Bill that demands that the Mortgage Lender MUST acknowledge receipt of an offer on a pre-foreclosure property within 10 business days, and make a decision as to acceptance or rejection of the offer within 30 business days. There are only a few Mortgage Lenders who are complying.
So, if you are behind in your Mortgage and would like to sell your home before it goes into foreclosure, speak with a Certified Short Sale Specialist. This complex process is not for the weak or timid REALTOR!
For more information, call Evelyn direct at 574-304-7148.
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