real estate market and news: Foreclosure Isn't the Only Option!
- 03/16/09 10:33 AM
If you live in Indiana and are having difficulty making your payments, yet want to remain in your home, there may be help available under the Obama Administration's Make Homes Affordable program. Visit the Indiana Foreclosure Prevention Network website to see if you qualify for programs to modify your loan, therefore lowering your monthly payments. If you're currently behind in your payments, or struggling to make your payments and are unable to remain in your home even with a lower payment, a Short Sale or Deed in Lieu may be a viable option.
Short Sale: When the sales price of a home will be less than the current mortgage … (0 comments)
For the second year in a row, Indiana takes the number one spot in the Midwest as the best place to do business by "Chief Executive" magazine. Each year the publication surveys over 500 chief executive officers on a broad range of issues and uses those findings to compile a list of the best and worst states for jobs and business growth.
Indiana ranked 11th in the Nation overall, 3rd … (2 comments)
real estate market and news: Are You Ready For Some Good News Indiana?
- 02/20/09 05:25 AM
It's not often that Indiana makes the national news, yet recently we've been getting a lot of attention -- and not for the right reasons! Yes, it's been in the papers and on the news -- Elkhart Indiana has the highest unemployment rate in the Country. Even President Obama visited the area to market his economic stimulus package. Well, here's some good news that you may have missed, Indiana also has the most affordable housing. According to the National Association of Home Builders/Wells Fargo Housing Opportunity Index released Thursday, falling home prices have led to the most affordable housing market in at … (2 comments)
With all of the recent hoopla in the press and crack down on lending institutions, yes, zero percent down financing is a thing of the past. But how much down payment is really required? I've heard buyers say, "I know I need 20% down", well I'm here to tell you that just isn't so! Many buyers are electing to use FHA financing because it requires the smallest down payment and offers a very competitve interest rate. As of January 1, 2009, FHA will require 3.5% of the purchase price as a down payment. That's not … (0 comments)
The Hoagland Group specializes in helping Indianapolis and Greenwood families buy and sell one of the largest investments they'll ever make -- their home.
The Hoagland Group specializes in helping Indianapolis and Greenwood families buy and sell one of the largest investments they'll ever make -- their home.
If you live in Indiana and are having difficulty making your payments, yet want to remain in your home, there may be help available under the Obama Administration's Make Homes Affordable program. Visit the Indiana Foreclosure Prevention Network website to see if you qualify for programs to modify your loan, therefore lowering your monthly payments.
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