Elkhart, Indiana, Walnut Trails Subdivision, 2011 1st Quarter Home Sales, Osolo Township, Elkhart Community Schools
Walnut Trails Subdivision is located off of Jeanwood North of Bristol Street, to Eastlake Drive, East to Walnut Trails Subdivision is located on the north side of the road in OsoloTownship, Elkhart Indiana. Children who live in Walnut Trails Subdivision who attend public school will be attending Elkhart Community Schools.
Walnut Trails Subdivision 2011 1st quarter home sales consisted of 1 home that sold for $126,300 after being on the market for 136 days. This sale was a Short Sale Property.
Arm's Length Transactions mean the Home Owner and Buyer do not know each other and the sale was made under normal conditions.
HUD Homes are listed and sold by the US Government Housing and Urban Development.
REO Properties are 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 Elkhart Counjty 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.
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