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Elkhart, INdiana, Pine Crest Estates Subdivision, 2010 3rd Quarter Home Sales, Concord Township, Concord Community Schools
Elkhart, INdiana, Pine Crest Estates Subdivision, 2010 3rd Quarter Home Sales, Concord Township, Concord Community Schools
Pine Crest Estates Subdivision is located south of  Old Us 20 just east of CR 13.  Pine Crest Estates Subdivision  is located on the eastside of the road. Concord Township, Elkhart Indiana. Children who live in Pine Crest Estates Subdivision who attend public school will be attending Concord Community Schools.
Pine Crest Estates  Subdivision 2010 3rd quarter home sales consisted of 1 home that sold for $68,000 after being on the market for 2 days. This sale was an REO Property. 
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.
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