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indiana: New Listing - Luxury Home in North Valpo - 05/20/10 03:45 PM
This custom builders home is available for the first time!  Located in Lexington Farms in North Valpo it has over 6,600 finished SF.  A classic home situated on over 1 acre that backs to rolling farmland.  Tremendous curb appeal starting with wraparound front porch that says welcome home. Beautiful maple hardwood floors in grand foyer leads to lovely 2-story living room. Great kitchen makes it easy for entertaining with breakfast nook and peninsula dining counter. Lots of usable counter space. Hickory cabinets with 42 upper cabs. Crown moulding & rope detail, granite counters, GE Monogram stainless appliances. Main 5pc bath features … (0 comments)

indiana: 2009 YTD Market Data for Chandana Point in Valparaiso, Indiana - 11/30/09 09:48 AM
The Chandana Point neighborhood of Valparaiso, Indiana sits near the intersections of Calumet Avenue and Country Club Road on the near northside.  Homes range in assessed value from the mid $200Ks to over $500K.  Valpo is located in Porter County, Indiana.
The 2009 market for homes in the Chandana Point subdivision is similar to that of 2008, however some improvement is shown.
For the period January 1 thru November 29, the data indicates that the market has slightly improved:
2008 2 Homes Sold at median price of $284,000 after 163 Ave. Days on Market
2009  2 Homes Sold at a median price of $379,000 after … (0 comments)

indiana: Short Sales (Short Pay): A "Win-Win" Alternative to Foreclosure? - 04/01/09 09:49 AM
When foreclosure is looming for a homeowner, the short sale can be a creative solution.  Simply put, a short sale occurs when a lienholder or lienholders agree to take a lower payoff than the principal owed to them.  The short-sale scenario may be caused by excess fees and late charges that have been levied, closing costs and commissions due, back taxes, 2nd and 3rd mortgages, or even 100% interest only mortgages granted just before declining market values hit the U.S. home market.  The bottom line is there is no longer enough equity in the home for a traditional sale where seller … (1 comments)