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Indiana HUD Homes - the coundown continues

By
Real Estate Agent with Harvest Realty

As of the most recent data available, there are only 315 HUD Homes available in the state of Indiana, as the transition to new asset management companies continues.

About a month ago, there were over 650 HUD Homes available.  Over this past weekend there were 461 HUD Homes shown as being available in Indiana through HMBI.  By Monday night that number had decreased to 407 homes.  As of Wednesday evening the number is now down to 315 homes.

Currently ALL of these homes are available for sale to either investors or owner-occupants.  It is uncertain at this point in time when new listings will be available. At that time, there will be increased owner-occupant priority periods or most of these homes, increasing from ten days to thirty days.

For any questions about Indianapolis HUD Homes and foreclosures, feel free to contact me and I can try to get you some answers.  I am a HUD-registered broker, who can help you with your purchase of a HUD Home.  My company and website are not affiliated with HUD or any government agency.

Comments (2)

Tere Rottink
CoastalVa Realty Inc - Virginia Beach, VA

Great information for your Indiana HUD buyers. 

Sep 29, 2010 03:50 AM
Dan Rosenberger
Harvest Realty - Westfield, IN

Tere - Thanks.  As of this morning they are down to 274 HUD Homes available in Indiana, all of which are available to investors or owner-occupants.  And there have been no new listings with the new asset managers.

Sep 29, 2010 04:09 AM