Recent Posts
Wed, Jul 16, 2008Indianapolis Foreclosure Bus Generates Media Atten... by Mike Taylor
If you read this post, you know we are having a foreclosure bus August 2nd in the Indianapolis and surrounding areas. While I am certainly not the first one to come up with this idea, it is the first of its kind in the Indianapolis area. Turns out we were able to generate some interest from the local media. Take a look at the story from Rafael Sanchez on Channel 6 and no, he is not coming after me, he does do regular interviews as well:
What is crazy is the response we got from this story. I have not done any other advertising and within 24 hours of this story the bus is full, even after upgrading to the bigger bus. I am still waiting for a few call backs to confirm and I imagine we will have a few cancellations, so
747 Views, 2 Comments.
Tue, Jul 01, 2008
US-31 Becoming a Freeway? by Mike Taylor
INDOT and the city of Carmel are very seriously considering making US-31 or Meridian a freeway from I-465 in Carmel to Westfield. An open house last week drew almost 200 attendees to the meeting to hear the proposal and comment on the project. As to be expected, there were opponents and proponents of the project.
The opponents point to cost and lost acreage of woods that currently buffer the highway from neighborhoods. Proponents of the project say the cost and aggravation of the construction will be worth it.
This project is far from a reality but the main idea behind it is to create a freeway with little or no traffic signals from Carmel to Westfield. Another idea that is being kicked around is installing an exit ramp...
914 Views, 5 Comments.
Thu, Jun 26, 2008
Fishers Indiana Real Estate Statistics - YTD by Mike Taylor
Fishers real estate is and will likely remain some of the best selling real estate in the Indianapolis area. The two charts below show what the Fishers real estate market has done as far as number of homes sold and the average selling price YTD for 2008:
# of Fishers Homes Sold 2007 2008 % Change Jan. 90 65 -28% Feb. ...854 Views, 0 Comments.
Fri, Jun 20, 2008
HUD Alters 90 Day Flipping Rule for Foreclosed Hom... by Mike Taylor
The department of Housing and Urban Development (HUD) has recently announced that they will temporarily changing their policy when it comes to the sale of foreclosed properties.
982 Views,
3 Comments.
881 Views,
0 Comments.
Many people, public and real estate agents alike, don’t know this but you could not purchase a home with a FHA loan if the property had changed hands in the 90 days prior to your contract date. This has created havoc for people trying to buy foreclosed homes with a FHA secured loan because sometimes the banks take possession and list the property in a matter of weeks. When this does come up, usually way too far into the transaction, it causes buyers to either scramble to find another loan program or cancel the contract and start the home search over.
Mon, Jun 16, 2008
Indianapolis Foreclosure Bus by Mike Taylor
I am proud to announce that Red Door Real Estate is offering the area’s first Indianapolis Foreclosure bus tour August 2nd, 2008 at 1PM. We will be taking the first 20 - 25 people who use our registration form to sign up for the bus on Indianapolis’ one and only foreclosure bus tour. The bus tour will include hand picked foreclosures in the Indianapolis area that represent great deals for buyers.
The tour is free and space is limited so Register Now or you will be left out! We have not even officially announced this and we already have several seats taken.
The participants will not only get to view the hand picked 10 – 15 foreclosed homes, but will also have the opportunity to hear the pros and cons of buying a foreclosed...
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