New list of Indianapolis HUD Homes - 07/31/10 06:15 AM
We have prepared a list of Indianapolis Area HUD Homes on the indyHud.com website. Indiana has a whopping 673 HUD Homes available as of Friday morning July 30. Of this number, 461 can only be purchased by owner-occupants at this time. (After ten days, investors may purchase.)
There are 199 homes with a listing date of 7/30. Of these 90 are priced below appraisal. But there are many first-time opportunities in Friday’s list.
Here are some state-wide statistics on the 673 HUD Homes available in Indiana:
295 have a list price below the appraisal. 103 of the homes are built 2000 … (1 comments)

Corn on the cob quiz - 07/25/10 01:54 PM
So I thought a dinner table conversation could spill over ot Active Rain.  The sweet corn we ate had 14 rows.  Is that common?  (According to WikiAnswers it looks like it can be as few as 8 and as many as 16 rows, but it is always an even number of rows.)
Do you eat your corn left to right, or right to left?  The theory here is that right handed people will start on the left side of the ear and left handed people will start on the right side of the ear.  Is there any substanse to that?
Of … (3 comments)

An avalanche of HUD Homes - 07/23/10 09:58 AM
Today's list of Indianapolis HUD Homes is one page longer than usual.  In fact for the state of Indiana there are 262 HUD Homes listed with a list date of 7/23/2010.  That compares with 228 with a list date of 7/16/2010.  A normal quantity of HUD Homes available on a Friday morning would be about 550.  Today it stands at 678 Indiana HUD Homes.
But don't expect this trend to last very long.  There are changes coming in August.  HMBI will no longer be the marketing and management contractor for Indiana HUD Homes.  In the past when there has been a … (0 comments)

What is happening with HUD Homes? - 07/23/10 06:13 AM
On a typical Friday morning, there are about 550 HUD Homes listed in Indiana.  Last week there were about 600.  Today there are 678.  So if the same number of buyers are getting to select from 128 more homes than normal, what is the result?  More chance of getting your offer accepted.
HUD is changing marketing and management contractors in August.  It looks like the current contractor is trying to get as many homes as possible from the preliminary processing to actively on the market.  The listings today show 8/1/10 as the last day for owner occupants to submit bids in … (0 comments)

Free and Clear in Ten Years - 07/19/10 06:37 AM
The recent past becomes the basis for so many decisions.  I have read that recently an increased percentage of the public think that renting is the preferred alternative to owning a home.  When you compare the monthly payment to the rent amount and factor in recent highly publicized challenges, that might make sense.
But where do you ever see anybody talking about the concept of being free and clear, and not having a mortgage payment for the rest of your life?  If that happens in thirty years, then maybe it seems too far away to actually feel like a reality in … (4 comments)

Indianapolis HUD Homes Update July 16, 2010 - 07/16/10 06:03 AM
For the benefit of our clients, we have posted the new list of HUD Homes in the Indianapolis area.  This list includes HUD Homes built 1990 or later in Indianapolis and Surrounding Counties, including Avon, Zionsville, Carmel, Noblesville, Fishers and other nearby communities. The list shows some basic information about the home, including the square footage, number of bedrooms and baths, year built and of course list price.
Changes are coming soon in the way HUD Homes are sold.  These changes could be seen in the next few weeks.  There is the possibility that no HUD Homes will be avaiable for … (0 comments)

Indianapolis HUD Homes 7/9/2010 - 07/09/10 12:02 PM
For convenience of our clients we have a list of HUD Homes available in the Indianapolis area and surrounding counties.  This list was updated 7/9/10 and includes homes built 1990 or later.  With changes coming at the end of July, there might be a short period of time where HUD Homes are not available.  Until then, it is business as usual.
Click here for the list of Indianapolis Area HUD Homes built 1990 and later
These lists are available for our clients.  If you have any questions you can call Dan Rosenberger on his direct line at 317-709-2537.
 
… (2 comments)

They Just Don't Make 'em Like They Used To! - 07/09/10 11:38 AM
This is an interesting post about a boiler that is over 100 years old.  And of course it was made in USA.  Now it might be cost effective to replace it with a more energy efficient model, but sure is interesting to see something made to last like that.
Via Chrissy Doremus ~ U.S. Inspect ~ Home Inspections (U.S. Inspect):
U.S. Inspect Colorado inspectors, Larry Vowles and Dana Aderman had never seen a boiler like this before. So they took a picture to share with us! This boiler was an original to the house, built in 1903, was originally a coal burner that … (1 comments)

Park near the entrance or park near the exit? - 07/06/10 06:21 PM
Most of the home centers have separate entrances and exits.  It amazes me to see how many people park near the entrance.  Don't they realize that they are going to be coming out the exit?  In fact, they are probably entering the home center empty handed and walking out the exit with a cart or arms full of stuff.  But consistently I notice that there are plenty of parking spaces close to the exit.
When there are plenty of spaces, you can usually drive through a space and not have to back in or back out. (This works best when the … (2 comments)

Blog Subscriptions and Why They Matter - 07/02/10 02:56 PM
Everybody is crunched for time nowadays.  We can learn so much from a resource like Active Rain,  But how do you wade through the enormous amount of information to find those posts that are useful or relevant to your own situation?
Most AR users have become familiar with the menu and clicked on BLOGS.  That defaults to the most recent blogs posted from anywhere and everywhere about anything and everything.  And there are definitely some gems in there.  And there are probably a few lumps of coal, also.  (One person's lump of coal might be another person's gem.)
What if I … (2 comments)

Indianapolis Area HUD Homes - 07/02/10 12:21 PM
I have just prepared a 3 page list of HUD Homes available in Central Indiana.  This list covers Indianapolis and surrounding counties.  It includes homes built within the last 25 years. Quite a few of these homes were built 2000 or later.  For your convenience it is sorted in zip code order.
There are several reasons why buyers of Indianapolis foreclosures should also consider HUD Homes.  HUD makes it very attractive for owner-occupants to buy HUD Homes with special incentives and priorities.  You can see that list of reasons at the indyHUD.com website.
For the list of selected Central Indiana HUD … (0 comments)