short sales: Elkhart Real Estate Agent Evelyn Johnston, New Short Sale Rules Coming April 5, 2010 - 01/17/10 01:58 PM
If you live in Elkhart Indiana and are looking for a Real Estate Agent to help you because you are either behind in your Mortgage Payments, or expect to be shortly, Evelyn Johnston with Prudential One Realty is right on top of the new Short Sales Rules coming April 5, 2010. 
It will now be possible to get a figure the Mortgage Lender will accept as payment in full, no matter how much you owe on your home.  Second lien's will be settled for $3,000 and they forever give up the opportunity to come back to you for the difference.  This is … (2 comments)

short sales: Elkhart Real Estate Agent Evelyn Johnston says: I Am The Help Homeowners In Distress Are Looking For! - 12/24/09 02:57 AM
Elkhart Real Estate Agent Evelyn Johnston with Prudential One Realty has been helping homeowners in distress since early 2008, with selling their homes before foreclosure takes place.  Pre-foreclosure or more widely known "Short Sales" have been steadily increasing for years.  And they are not going away anytime soon. I know that home sales have risen more recently, mainly due to the First Time Home Buyers Tax Credit, but the Mortgage Lenders are still inundated with deliquency.
What does this mean to you if YOU are behind in your Mortgage?  It means that you are approximately 1 in 7 Home Owners that are in … (0 comments)

short sales: Elkhart Real Estate Agent Evelyn Johnston Asks: Making an Offer on a Short Sale? - 12/05/09 12:50 PM
Almost all Home Buyers are looking for a good deal, according to Elkhart Real Estate Agent Evelyn Johnston with Prudential One Realty.  Are YOU looking to buy a new home?  Are you thinking that now's a great time to find a bargain?  Before you make an offer, it pays to know a little about the seller's situation.
If a home is being sold for below what the current seller owes on the property - and the seller does not have the funds to make up the difference at closing - the sale is considered a short sale.  Many more home owners are … (2 comments)

short sales: Elkhart Real Estate Agent Evelyn Johnston Reports Short Sales Tips for Sellers, Part 2 - 12/05/09 11:31 AM
Elkhart Real Estate Agent Evelyn Johnston with Prudential One Realty continues her short sales tips for sellers.  In part 1 I urged you to consider a loan modivication first, click here to read the first post.
If a Loan Modification is not available to you and you are considering a Short Sale, make sure you research, interview and google the names of the REALTOR(r)'s you are considering to represent you in this complex process.  Look for experience in all aspects of Short Sales. Hiring a qualified REALTOR(r) is your first step.  After you have selected one:
Begin gathering documentation before any offers … (0 comments)

short sales: Elkhart Real Estate Agent Evelyn Johnston Reports Short Sales Tips for Sellers, Part 1 - 12/05/09 11:06 AM
Elkhart Real Estate Agent Evelyn Johnston with Prudential One Realty reports short sale tips for sellers: if you're thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of our home, you may be facing a short sale. A short sale is one where the net proceeds from the sale won't cover your total mortgage obligation and closing costs, and you don't have other sources of money to cover the deficiency.  A short sale is different from a foreclosure, which is when your Mortgage Lender takes title of … (0 comments)

short sales: Elkhart Real Estate Agent Evelyn Johnston-Who Is Afraid Of A Short Sale? - 09/05/09 03:11 PM
Elkhart Real Estate Agent Evelyn Johnston's specialty is Short Sales.  For more than two years she has helped Home Owner's avoid Foreclosure by helping them sell their homes.  This pre-foreclosure sale helps troubled folks by...
Avoiding Public Embarrassment by visits from the Sheriff Ruining Thier Credit Rating For 5-7 Years Sometimes Avoiding Bankruptcy Helping Them Understand The Process Short Sales are good, they have helped bring over-priced homes down to a more reasonable value allowing YOU as a potential Home Owner get more for your money than you would have just a few years ago.
So, Who Is Afraid Of A Short … (0 comments)

short sales: Elkhart Real Estate Agent Evelyn Johnston Are Short Sales Leveling Off? - 08/29/09 03:01 PM
Short Sales in Elkhart County Indiana are a part of buying and selling homes, and has been for quite awhile, according to Elkhart Real Estate Expert and Certified Short Sale Specialist Evelyn Johnston with Prudential One Realty.
The reasons behind offering a home for Short Sale is as varied as the people who live in them. Sure some folks who got laid off from their jobs have lost their homes, or are in the process of loosing their homes, some people have to sell due to a job transfer out of the diriving area or out of state and still others … (0 comments)

short sales: Elkhart Real Estate Agent Evelyn Johnston Shares-Short Sale Homes-Everything You Need To Know-Part 5 - 08/26/09 12:45 PM
Successful Short Sale Negotiations start with a fully completed Hardship Packageas discussed in earlier posts.  If you are new to this series on Short Sales, please go back and read part 1, part 2, part 3 and part 4. So, now we have an approval letter from the Mortgage Lender that spells out how they will accept less money than the Home Owner currently owes.
All approval letters say that the agreement is contingent on:
Closing by a certain date The Buyer cannot be related or connected to the Home Owner in any way The Home Owner cannot receive any funds If there … (0 comments)

short sales: Elkhart REALTOR(r) Evelyn Johnston Shares-Short Sale Homes-Everything You Need To Know-Part 4 - 08/23/09 08:19 AM
Short Sales are part of everyElkhart, Indiana REALTOR0r)'s language these days.  There isn't a week that goes by that someone calls and says they are not able to make their Mortgage Payment and asks if I can help them.  Some of these folks have spoken to their Mortgage Lender and they suggested a Short Sale or have spoken with La Casa Goshen and they gave them my name and phone number.  If you are just joining this series, please go back and read Part 1, Part 2 and Part 3 so you can catch up.
As a Home Owner, selling your home … (0 comments)

short sales: Elkhart REALTOR Evelyn Johnston Shares, Short Sale Homes-Everything You Need To Know-Part 2 - 08/15/09 02:35 AM
If you missed my post from yesterday "Elkhart County, Indiana, Short Sale Homes-Everything You Need To Know-Part 1" you can go back and read it here.  Today we are going to talk about the Hardship Package.
Once an offer is received on your property, your Short Sale Hardship Package must accompany the offer to your Mortgage Lender.  You will delay the processing and possible loose the offer if you aren't fully prepared with all the necessary documents.
First you must have a conversation with your Mortgage Lender, some of them require a 10 minute credit overview process where you tell them … (0 comments)

short sales: Elkhart Indiana, 5 Tips to Help You Sell Your Home Fast - 11/21/08 12:38 AM
There is no question that in many parts of the country, even here in Elkhart County, Indiana,  houses are currently on the market longer. As a seller, this slow-down means there is more competition for a limited pool of potential buyers. Consider the following five tips to place your home on the fast track to sale: Price It RightThe first 30 days are the most critical. If your home is priced too high, interested buyers may never even tour your listing. The longer the property is on the market, the fewer the prospects.  This is especially true when your home is being … (0 comments)

short sales: Elkhart, Indiana, What is The Bank Looking For In A Short Sale? - 10/05/08 10:58 AM
Short Sales and Foreclosures in Elkhart, Indiana are on the rise, as a matter of fact short sales in Elkhart County,Indiana and foreclosure filings have sky rocketed.  You have probably seen them in the newspaper, page after page after page.
Are you behind in your mortgage payments and do not know what your options are? I do!  I have helped lots of folks in the same situation that you are in, move on or work out a plan with the bank so they can stay.
Have you been served with a foreclosure complaint?
Call me today and I will explain what is going on … (0 comments)

 
Evelyn Johnston, The People You Know, Like and Trust! (Friends & Neighbors Real Estate) Rainmaker large

Evelyn Johnston

The People You Know, Like and Trust!

Elkhart, IN

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Friends & Neighbors Real Estate

Address: 53252 Ash Road, Elkhart, In, 46530

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