Greenwood IN Short Sales

By
Real Estate Sales Representative with REALTY WORLD-Harbert Company, Inc.

There are currently 52 Active Short Sale Listings in Greenwood IN. They range in price from $39,900 to $700,000. There are currently 4 Pending Short Sales in Greenwood. In the last year there have been 21 listings that have closed that are Greenwood IN Short Sales.

We have been involved in each of these categories, and are experienced Greenwood IN Short Sale Agents.

house short sale

Picture provided by: by MyHomeSave

If you are thinking of selling your home as a short sale, ask the agent you are thinking of listing with how many short sales they have listed this year, how many Short Sales they have closed? You might not want your preforeclosure to be their first listing, or their first short sale.

Step By Step Short Sale Logo

Picture courtesy of FLICKR-Short Sales

If you are thinking of buying a Short Sale, you will need an experienced Short Sale Agent.

  • Make sure your agent prices your offer around market value if you are truly interested in purchasing this property. If it is a "HOT" property, you run the risk of someone not lowballing and writing a much stronger offer than you. Start out a little lower, but whatever you offer, always offer what you are comfortable walking away without an accepted offer in hand, knowing that you gave it your BEST effort.
  • Know that most banks in a Short Sale situation are not yet handling these offers where they would counter, most are simply rejecting the offer. There are a couple out there that have gotten savvy and up to date enough that their Short Sale department will actually volunteer where the offer needs to be for them to accept the offer.
  • Banks work off of Bottom Line, what their net will be. There are fees that some of the banks will not pay, and some will pay. Some of these fees are home warranties, extreme amount of buyer closing costs, surveys, etc. Some banks will pay past due HOA fees, SOME WILL NOT.
  • Make sure your agent asks if the seller has FHA financing, as there are certain criteria to follow on FHA Short Sales, specifically on how the agent will write your offer/what is allowable and what isn't.
About the Author: The above info regarding Greenwood IN Short Sales was provided by: Heather Fitzgerald, who has over 15 years of experience in real estate, title insurance, and lending that can be put to work for you. Heather can be reached by phone at 317-885-8858. Thinking of selling your home or buing your next home? We can help you with this. I service the following areas: Greenwood IN, Indianapolis IN, Franklin IN, Whiteland IN, Mooresville IN, Martinsville IN, Avon IN, Carmel IN, Westfield IN and surrounding areas.
Posted by

________________________________________________________________________________________________

Heather Fitzgerald

REALTY WORLD-Harbert Company, Inc.

317-371-2622

indplsrealestate@gmail.com

www.FindingYourIndyHome.com

 

 

If you need assistance in Indianapolis IN, Carmel IN, Martinsville IN, Greenwood IN, Whiteland IN, Franklin IN and surrounding areas, considering buying or selling a home, or considering the option of a Short Sale, contact us today at 317-885-8858.  We have experience in Greenwood Real Estate, Indianapolis Real Estate, Greenwood IN Short Sales, Greenwood IN Real Estate for Sale,  Franklin IN Real Esate, etc.

About the Author: Heather Fitzgerald, who has over 24 years of experience in real estate, title insurance, and lending that can be put to work for you. Heather can be reached by phone at 317-371-2622.

Areas of Service: Greenwood IN Real Estate, Indianapolis IN Real Estate, Franklin IN Real Estate, Whiteland IN Real Estate, Mooresville IN Real Estate, Martinsville IN Real Estate, Avon IN Real Estate, Carmel IN Real Estate, Westfield IN Real Estate and surrounding areas. We are experienced Greenwood IN Real Estate Agents.

Copyright © 2018 By: Heather Fitzgerald- Greenwood Real Estate For Sale. All Rights Reserved.

Heather Fitzgerald on Facebook  Heather Fitzgerald on Twitter  Heather Fitzgerald on LinkedIn

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Topic:
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Location:
Indiana Johnson County Greenwood
Groups:
Realtors®
Pre-foreclosure Market
Not Over Until Foreclosure
Advice for Sellers
Advice for Buyers
Tags:
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Rainmaker
541,014
Jeff&Grace Safrin
F.C.Tucker 1st Team Real Estate - Valparaiso, IN
SpousesSellingHousesTM

Wow Heather - that seems like alot of Short Sale opportunities for investors or buyers in Greenwood ?

Great Post

Sincerely,

Grace

Jun 04, 2009 05:26 AM #1
Rainmaker
519,473
Ken Tracy
Keller Williams Realty Infinity - Naperville, IL
Helping clients buy and sell since 2005

Hi Heather.

I believe I played a pretty nice golf course in Greenwood once.  Are you about 15 minutes north of Indy?

Ken

Jun 04, 2009 06:44 AM #2
Rainmaker
2,189,507
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Sometimes I get a verbal counter from the banks for Sacramento short sales. They might ask the buyer to submit an addendum changing the price by a few grand, which we do and then we get approval.

sacramento short sale agent

Jun 04, 2009 07:41 AM #3
Rainmaker
180,011
Heather Fitzgerald
REALTY WORLD-Harbert Company, Inc. - Greenwood, IN
REALTOR Greenwood Indiana Real Estate

Grace,  Indianapolis is has 567 active Short Sales currently, so even better for investors, etc.

Ken, Greenwood is actually about 20 minutes south of downtown Indianapolis, we have some good courses-that is my completely novice opinion.  : )

Elizabeth, Thanks for the heads up on how you handle that.  We haven't had too many verbal counters from banks, but we push for those so we can get files closed!

Jun 04, 2009 09:50 AM #4
Rainmaker
512,911
Lisa Wetzel
RE/MAX Realty Affiliates - Carson City, NV
CDPE, SFR carsonvalleyland.com

Heather - We have been working several shot sales lately and it seems that nothing is usual and everything is more work than it ever was before!  We are pulling out our hair and trying to keep up!

Jun 05, 2009 03:44 PM #5
Rainmaker
180,011
Heather Fitzgerald
REALTY WORLD-Harbert Company, Inc. - Greenwood, IN
REALTOR Greenwood Indiana Real Estate

Lisa, Nothing is usual and the sales take finesse for sure so that we can get files closed for clients.

Jun 05, 2009 05:13 PM #6
Rainmaker
732,603
Eileen Hsu
Douglas Elliman Real Estate - Manhattan, NY
LICENSED REAL ESTATE SALESPERSON

Hi Heather, the buyers that want to buy Short Sales in Manhattan New York Market often like to make low ball offers to already well priced property. It is good to know that you are an experience agent that can help your buyers through this process.

Jun 06, 2009 02:00 AM #7
Rainmaker
180,011
Heather Fitzgerald
REALTY WORLD-Harbert Company, Inc. - Greenwood, IN
REALTOR Greenwood Indiana Real Estate

Eileen,

We get some low ball offers here as well, but at minimum it normally gets the ball rolling with the seller's lender to order an appraisal or BPO, unless the offer is incredibly low!

Jun 15, 2009 03:30 AM #8
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Rainmaker
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Heather Fitzgerald

REALTOR Greenwood Indiana Real Estate
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