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Elkhart, Indiana, Cobus Lake Estates Subdivision 2010 3rd Quarter Home Sales, Cleveland Township, Elkhart Community Schools

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

Elkhart, Indiana, Cobus Lake Estates Subdivision 2010 3rd Quarter Home Sales, Cleveland Township, Elkhart Community Schools

Cobus Lake Estates Subdivision is located off of CR 10, on CR 1 past Cleveland Elementary School  in Cleveland Township, Elkhart Indiana.    Children who live in Cobus Lake Estates Subdivision who attend public school will be attending Elkhart Community Schools.

Cobus Lake Estates Subdivision 2010 3rd quarter home sales consisted of 1 home that sold for $195,000 after being on the market for 0 days. This was an arm's length transaction and neither were a short sale or an REO Property.

REO Properties are homes that are owned 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. 

Most homeowners like knowing what kind of real estate activity is going on in their neighborhood.  Evelyn Johnston with Elkhart County Subdivisions 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 Elkhart County Subdivisions, 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 574-304-7148 to 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.

This information is deemed reliable, but not guaranteed.

Tom Priester
Paradise Sharks - Jupiter, FL
Paradise Sharks

 

Evelyn, I always enjoy seeing your local market statistics that are so well presented. Hoping that your business is doing well. Cheers!

 

Nov 07, 2010 08:29 PM
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Well thank you Tom.  I appreciate the support!

Nov 08, 2010 05:41 AM