Greenwood, IN

Well, it's been a while since we've brought you the most recent stats for our local real estate market but from now on, we intend to dedicate Fridays to be our "Week In Review" - where we will specifically take a closer look at our local Greenwood IN Real Estate market.

In this segment we will recap all of the New Listings that just came on the market within the last week; the homes that are Now Pending With Accepted Offers over the last week; homes that Officially Closed in the last week and last but not least, the "rejects"...the homes that were on the market, came to the end of their listing contract and Expired Without Selling. All of the data will run from Friday to Thursday. So this week's data is from April 10 - 16, 2009.

We have broken the list prices into categories: $50k - $100k, $100k - $150k, etc. We have also separated the results by school system (Greenwood and Center Grove) since people always seem to be curious about the differences between the two.

We hope this will be helpful information for you. It will also be curious to see how the numbers change over the next few weeks as we get ready to enter the "busy season".

Have any comments or would like to see some additional information we haven't included? By all means, please let us know...Enjoy!

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http://ishopgreenwood.com/2009/02/08/current-home-prices-greenwood-johnson-cty/

http://ishopgreenwood.com/2008/12/09/less-talk-more-pics/

This information was originally published at:

http://ishopgreenwood.com/2009/04/17/week-in-review-greenwood-in-real-estate-market/

This information was originally published at: http://ishopgreenwood.com/2009/04/10/come-see-the-easter-bunny-in-greenwood/

It's true. Most HUD Foreclosure properties are currently available for purchase with only a $100 down payment if financed with an FHA loan. So, what is a HUD Foreclosure and how do you buy one?

They are foreclosed properties insured by the US Department of Housing and Urban Development which are sold through an online bid process. They are put on the market for an initial 10 day bid period where only "owner occupants" can place bids. They are listed on Fridays with bids accepted for the next 10 days. The winner is announced on the following Monday. If no one bids, or there are no bids acceptable to HUD within that initial bid period, then it is offered to anyone, including investors on a daily bid basis until sold or taken off the market for evaluation or price reduction.

Short Sales, Bank Owned and HUD properties all offer good financial values in the Indianapolis market place. Many HUD properties are only a few years old and need only cosmetic updates, although they come in a wide variety of prices and conditions. It's very important to do your homework ahead of time and have the property inspected, as all homes are sold "as is" with no warranties. Be sure to work with a knowledgeable realtor that knows the local market. Great deals in the wrong location may not payoff when you get ready to sell.

Here are a few important highlights:

· Offers are submitted by a real estate broker via the internet

· $1000 earnest money & contracts must be to HUD within 48 hours of offer acceptance ($500 for homes with sales price less than $50,000) in the form of a money order, official bank check, or cashiers check

· Mortgage pre-approval to HUD within 48 hours of offer acceptance

· $100 down payment on most properties with FHA financing

· Property sold "as is"

· Must close within 45 days of offer acceptance

· Inspection must be completed within 15 days of offer acceptance

· HUD will pay up to 3% of purchase price for selected closing costs if requested in the accepted offer

· New HUD listings appear on Friday mornings

· For a list of available properties and more details visit: www.HMBIREO.com

Posted: Tuesday, April 07, 2009 3:17 PM by Tonda & Steve Hoagland

Have you heard about our 120 Day GUARANTEED Sale Program, but want to know a little more about how it works? Please click below for a better explanation:

120 Day Guarantee Explained in Plain English

We feel very fortunate to be in a place where most of our business comes from repeat business or from the kind referrals we continue to receive from friends, family and past clients.

However, every once in a while someone might stumble upon Shawna's Home Team through a flyer or a postcard and they don't really know us that well and want to take a closer look before making the plunge and deciding to list their home with us.

We completely understand and for that very reason, we have attached below a list of some helpful resources that we think will help answer most, if not all of the questions you might have about Shawna's Home Team and how the marketing we do sets us apart from our competition.

So if you have a few minutes to spare, please browse through the links below and if you still have questions about any of it, please feel free to contact us directly at 317.893.1636 and we would be happy to answer any additional questions you might have.

Cover Letter

Easy Exit Listing Agreement

Do's and Dont's When Selling Your Home

Greenwood Star Feature Article - Shawna's Home Team

Money Making Tips For Preparing Your Home To Sell

Meet The Team!

Our 21 Step Marketing Plan Is In Two Parts Below:

click to enlarge

So What Are We Going To Do That's Different From Anyone Else? - Part 1

What's So Different? - Part 2

What's So Different? - Part 3

By the way...we apologize that some of the marketing pieces above have to be viewed in separate parts. A few of the files were too big to upload without separating them a bit...we hope to have this corrected soon...

This information was originally published at:

http://ishopgreenwood.com/2009/03/30/your-home-sold-in-120-days-or-its-free/

Have ya ever noticed that it's always the bad news that seems to get all the press?

Our favorite shows are only interrupted with "Breaking News" that would alarm or scare the viewers..."A gunman is loose"..."An apartment building is on fire"..."A child has been kidnapped"...

Yes, these are all important stories, but isn't good news ever considered to be just as important?

My point is that right now, all of the media networks seem to be having a hey day reporting the bad, bad real estate market. "Foreclosures are on the rise"..."Families are losing their homes"..."Mortgage companies are going under"...

True, true and true.

But what about the buyers out there that are being able to move up to a new standard of living, simply because today's home values, combined with outstanding interest rates are allowing them to do so?

What about the people that never before would have considered keeping their existing home as a rental property, but that are now increasing their net worth and allowing someone else to make one of their house payments for them?

These aren't the stories that seem to be making the headlines.

And of course, how can we forget the current incentives for first time homebuyers? I wish someone would have given me an $8,000 credit when I bought my first home! Do the newscasters ever break in to tell us another first time home buyer just got $8 grand direct deposited into their checking account?

I don't think so!

What worries me the most about this is all of the people that cling to the nightly news to try and stay current with the local real estate market.

The local media is NOT current with the local real estate market. They never are!

By the time the media is telling you the market is better, it will mean the market has been better for quite a while already. Then people will frantically run out and try to buy something because the media has made them feel "safe" to do so, but by then it will be too late.

The best deals will be gone because the savvy buyers were out grabbing them left and right while everyone else trembled on their couches...wondering if things would ever get better.

Remember what Warren Buffett said..."Be greedy when others are fearful and fearful when others are greedy!"

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