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Elkhart, Indiana, Morehouse Subdivision, 2010 2nd Quarter Home Sales, Concord Township, Elkhart Community Schools

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Real Estate Broker/Owner with Friends & Neighbors Real Estate RB14036506

Elkhart, Indiana, Morehouse Subdivision, 2010 2nd Quarter Home Sales, Concord Township, Elkhart Community Schools

Morehouse Subdivision is located south of  E Indiana Avenue, Morehouse Stret and north E Lusher Avene.  Morehouse Subdivision  is located on the west side of the road. Concord Township, Elkhart Indiana. Children who live in Morehouse Subdivision who attend public school will be attending Elkhart Community Schools.

Morehouse Subdivision 2010 1st quarter home sales consisted of 5 homes that sold for $10,200 to $43,000 tafter being on the market for 10 to 415 days.  One of these sales was a Short Sale and 3 were REO Properties. 

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

REO Propertiesare homes that are ownd 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 574-304-7148to see what your home's value is in todays Elkhart Real Estate Market.

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

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