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 (0 comments)
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 (0 comments)
elkhart subdivision: Elkhart Subdivision Real Estate Agent Evelyn Johnston Reports 2009 Amber Wood Hills Subdivision Home Sales
- 01/01/10 10:56 AM
Amber Wood Hills Subdivision located in Jefferson Township just off of CR 20 on CR 21 and within the Fairfield Community School District finished the year with 1 home that sold for $277,500 after being on the market for 195 days. If you are interested in living in Amber Wood Hills Subdivision there is currently one home listed for sale. Call your Elkhart Subdivision Real Estate Agent Evelyn Johnston with Prudential One Realty at 574-304-7148 to make an appointment to tour the home. (0 comments)