west lafayette indiana: Lafayette Indiana - Is Owner Financing For You?
- 07/02/08 01:28 PM
Is owner financing for you? Owner financing has been a popular practice in previous real estate downturns. Current market conditions and upheavals in the mortgage industry have given rise to a new-found interest in this idea. If you own your property outright, have a need to sell in a soft market and are interested in converting your sold home into an investment that yields returns, owner financing may be a option worth exploring. Successful owner financing means that you, the owner of the property, get to widen the potential pool of home buyers by offering to finance the transaction. And since (1 comments)
west lafayette indiana: Lafayette Indiana - The Best Time to Lock Your Interest Rate
- 06/20/08 11:32 PM
The Best time to Lock in Your Mortgage Rate "What do you think about rates ... should I lock in now or wait to see if they fall further?" Think I've been asked that a time or two over the past 18 years? You better believe it. It's a good question-one that goes through every single buyer's head at some stage. A quoted interest rate is no good unless you've confirmed, in writing, that your loan is indeed "locked," or guaranteed for a designated period of time. You need to be proactive with your locked rate as well and don't (0 comments)
Market Statistics Residential MLS Statistics for: Date Range=05/01/2008-05/31/2008 Class Bedrooms Current Active Avg List Price Avg DOM RS All 1,848 $165,827 125 Class Bedrooms Total Listed Num Sold Pct Sold Avg List Price Sold Avg Sale Price RS All 488 264 54.10% $135,209 $129,842 Sold Sale Price/List Price Ratio Avg DOM Sold Avg List Price Unsold Pct Expired 96.03% 84 $136,985 18.03% Based on this information the average days on the market for sold properties is (1 comments)
west lafayette indiana: Expired Listing on the Market
- 05/26/08 11:48 PM
Most homes fail to sell for one of three reasons: price, condition or staging. Selling a home on time for top price requires a real estate professional who knows the market, understands the importance of pricing, had a thorough marketing plan including heavy internet exposure, suggests the right improvements and staging advice and targets the perfect buyer. Before you put your home on the market again, choose a Realtor who can answer these questions: · How many homes do you sell each year in my neighborhood?· What strategies will you use to find a buyer for my home?· How do you (0 comments)
west lafayette indiana: Steps in the Home Buying Process
- 05/26/08 11:35 PM
There are many steps in the home buying process. It's easy to miss something that can add significantly to the cost of your home. A Realtor, such as myself, can help you simplify this process and get the most home for your money. Here's how: Give you a complete picture of the costs so you know how much home you can afford. Help you rule out homes that don't fit your needs and find new homes that do. Make sure you have the latest alerts on homes that meet your criteria so other buyers don't beat you to the punch. Keep you (0 comments)
west lafayette indiana: Is Keller Williams Realty Your Next Move?
- 05/12/08 10:15 PM
Can't miss educational offerings in our Lafayette, Indiana Market Center! Our training and educational courses are open to non Keller Williams agents as well in our state of the art facility and training room. Camp 443 - Whether you are an agent looking for quick success or an experienced agent wanting to kick-start your career, CAMP 4:4:3 reveals innovative models, sound systems and useful tools to help you get into production quickly by obtaining 4 listings and 4 sales in 3 months! Register today by contacting leshoward@kw.com Each week we offer the following courses in our market center.... Success Series - 8 (0 comments)
west lafayette indiana: What is a Short Sale, Foreclosure and REO Property?
- 04/30/08 11:29 AM
What is the difference between a Short Sale, Foreclosure and an REO property you ask? Short Sale - Market Value of the property is less than the debt owned (typically goes into a short sale within 60-90 days of defaulting on the mortgage) Foreclosure - taking of the collateral for nonpayment (bank/lender takes back property, typically around 90-150 days and then it goes to public auction). REO - Real Estate Owned (back by the bank/lender). If after the auction the bank takes back For an emailed list of properties that are currently in these status's please contact The Romanski Group at jimromanski@hotmail.com. (0 comments)
west lafayette indiana: Lafayette, Indiana - Average Listing Prices
- 02/17/08 08:54 AM
Taken from Trulia this graph shows the average listing prices for homes in Lafayette, Indiana.Get SOLD by calling The Romanski Group with Keller Williams Realty to sell your home!Visit us on our websites: www.RomanskiGroup.com - www.FindMyNextLafayetteHome.comErin and Jim RomanskiKeller Williams Realty Lafayette(765)807-7121 - office(765)532-6148 - Erin Cell(765) 532-7476 - Jim Cellerin@romanskigroup.com - email (0 comments)
west lafayette indiana: Lafayette and West Lafayette, Indiana - more on Short Sales, Foreclosures and REO's
- 02/17/08 08:36 AM
Short Sales - Foreclosures - REO'sThere is an estimated 2 million mortgages at risk in the United States and a proposed 800,000 short sales in the next 24 months.Bank would rather write-off debt than take back properties at this point.The Preforeclosure Phase is private (before public notice)Public Auction - typically the bank gets the property back - exact process in which the bank seizes the property is according to the note.PostForeclosure - Bank owns nowREO - real estate owned by the bankTypically if there is a profit at the auction above the mortgage debt, the homeowner will receive the profit less (0 comments)
west lafayette indiana: Lafayette, Indiana - Spring Market
- 02/17/08 08:14 AM
Active Spring Market - Just Around The Corner....Thinking of Buying or Selling? Contact The Romanski Group today at (765)807-7121 and check out our latest listings and open houses on the following websites:www.RomanskiGroup.comwww.FindMyNextLafayetteHome.comwww.LafayetteKW.comwww.kw.comPlus, many many more sites!!!!At Keller Williams Realty we offer our sellers state of the art marketing and web promotion to get your home sold quick! (0 comments)
west lafayette indiana: Lafayette, Indiana Real Estate - Powering Through The Shifting Market
- 02/17/08 08:01 AM
Keller Williams Realty in Lafayette Indiana is powering through the shifting market. The Keller Williams model is withstanding the test of time, even in a shifting market. As announced at Family Reunion, membership in the National Association of Realtors has dropped by nearly 20,000 in 2007 - 1st time for a decline in more than a decade. Keller Williams Realty however continued to grow in 2007 and became the fastest growing real estate company in Lafayette, Indiana.Among the 5 leading real estate franchises in North America, Keller Williams Realty was the only one that posted positive growth for 2007.In 2006 and (1 comments)
west lafayette indiana: Brookston, Indiana - Quality custom built ranch on nearly 3 acres!
- 01/23/08 07:23 AM
Call The Romanski Group today at (765) 532-6148 to see these or any other listing currently for sale! Relocating to the area - request a FREE relocation guide and Homes Book. Needing School information - request a School report today! Visit us on the web at www.RomanskiGroup.com to see all listings in the Lafayette MLS!
Call The Romanski Group today at (765) 532-6148 to see these or any other listing currently for sale! Relocating to the area - request a FREE relocation guide and Homes Book. Visit us on the web at www.RomanskiGroup.com to see all listings in the Lafayette MLS! (0 comments)
west lafayette indiana: Is Now Your Time To Buy?
- 12/20/07 10:04 AM
The real estate section of our local paper isfilled with stories about how the real estate market in our area is changing? If you have been waiting for the right time to buy a house, it may be time for you to make a move. With a huge supply of homes, favorable interest rates and FHA loan programs, now may be the best time to purchase a home in the Lafayette or West Lafayette area.This kind of market is referred to as a "buyers' market" for good reason--it is an opportunity for buyers to select from a large number of homes that could (0 comments)
west lafayette indiana: Market Economist for Lafayette and West Lafayette Indiana Real Estate
- 11/14/07 09:43 PM
Be your local market economist - BY KELLER WILLIAMS REALTY INTERNATIONAL "There's a difference between the reality of the market and the financial opportunity that you have," emphasized Gary Keller during Agent Masterminds last week. To survive and thrive within an onslaught of negative news about real estate, you need to serve as your local market's economist and real estate expert. In a buyer's market, sellers need to be prepared to make financing concessions. Seller concessions that serve to reduce the buyer's interest rate tend to be far more advantageous to all parties than price reductions of the same amount. Learn about (0 comments)
Current information about the real estate market, homes for sale, market statistics including sold data, community information and news for Lafayette Indiana and West Lafayette Indiana and surrounding communities!