Archive for the ‘Town of Porter’ Category

Our Listings of REO or Bank Owned Properties For Sale are selling quickly in Northwest Indiana.

Recently we had a listing which was under contract in only 14 days on the market, and closed 27 days later.

However – there was much time, energy and effort by us behind the scenes working collaboratively with the REO specialist at the bank which took months PRIOR to this happening!

This included:

Doing Broker Price Opinion’s in both an “as-is” condition AND another BPO with repair estimates included.

This required meeting multiple licensed contractors at the property in order to provide detailed written quotes on any Repairs or Mold remediation.

Submitting these to the REO Manager (on Bank Forms) and awaiting the file to be returned from committee for decision on what work will actually be doneand the decision on listing price, takes persistent follow up skills.

Detailed Photos (before and after) and invoicingmust be kept & shared with the bank contact.

Also, the REO department has specific Bank Contracts and Addendum’s that differ from our State or Local Board Real Estate agreements and these must be reviewed carefully.

Sometimes, customary fee’s like Title Insurance, are NOT customary , but negotiable!

Financing REO Properties is another topic in and of itself these days

Mortgage departments familiar with this ever growing trend of Real Estate sales are sharing their specific requirements for internal financing of REO properties which may or may not differ from their Local lending branches for conventional home sales.

All in all, in our opinion here are the keys to a quick REO sale ->

• Competitive Market Price- a Real Estate Broker experienced in BPO’s can help set this!
• Decent Property Condition – a home in which health or safety concerns have been addressed & corrected sells quicker!
• Mass Marketing efforts / Internet sydication of the listing from day one of going on the market- multiple showings and competition among qualified buyers yields better offers (a Certified Residential Specialist can help with this
• Excellent communication,attention to details, and meticulous follow through by the Listing Agent (s) of Record are needed in this current market to get deals to the closing table!

If you are a Bank or Lender who has Inventory of Foreclosed Homes in NW Indiana and are looking? to move them quickly, please call us for a confidential consultation. References available on request.

Thanks for stopping by and reading our Blog about Life in NW Indiana, The Housing Market, Communities, Local Sports, Events, attractions & more @ NorthWestIndianaRealEstateBlog.com

 Sincerely,

Jeff & Grace Safrin,  Broker / Owners

F.C.Tucker 1st Team Real Estate – Independently Owned & Operated

13 Lincolnway Suite # 203,  Valparaiso, IN 46383          Office # 219-309-9930

With the NEW Tax credit for existing home owners (of 5 years) who plan to sell and move up or downsize (up to $6,500).
PLUS
The extension of the 1st Time Home Buyer tax Credit (up to $8K)….
The Next 5 months window of opportunity is best captured when partnered with experienced Professional REALTORS.
Call us to represent you in your next property transaction. 219.405.1232.
Jeff Safrin – Real Estate Broker/Owner
Grace Safrin – Certified Residential Specialist
F.C. Tucker 1st Team Real Estate serving NW Indiana
“Spouses Selling Houses” TM

Thanks for stopping by and reading our Blog about Life in NW Indiana, The Housing Market, Communities, Local Sports, Events, attractions & more @ NorthWestIndianaRealEstateBlog.com

 Sincerely,

Jeff & Grace Safrin,  Broker / Owners

F.C.Tucker 1st Team Real Estate – Independently Owned & Operated

13 Lincolnway Suite # 203,  Valparaiso, IN 46383          Office # 219-309-9930

Serious Buyers Relocate Year Round !

Many people have the idea to “wait” until spring again to put their home on the market.

With that in mind, the competition for homes priced well and staged to sell is less in Fall than in Spring when many more come on the market.

If you are having thoughts about selling your home – why wait and risk Interest rates to go up ? (less people will be able to afford your home if that happens).

Give us a call today or click this link to schedule a Free Comparable Market Analysis.

Have a wonderful Fall Season!

Thanks for stopping by and reading our Blog about Life in NW Indiana, The Housing Market, Communities, Local Sports, Events, attractions & more @ NorthWestIndianaRealEstateBlog.com

 Sincerely,

Jeff & Grace Safrin,  Broker / Owners

F.C.Tucker 1st Team Real Estate – Independently Owned & Operated

13 Lincolnway Suite # 203,  Valparaiso, IN 46383          Office # 219-309-9930

Northwest Indiana’s small Town of Porter.

Here are some Local Photos and Informative Website Links of this Community.

Hageman Public Library	Porter, IN Police Department	Porter, IN Town Hall

Located in Porter County, this Duneland Community is close to Lake Michigan’s Scenic Indiana

Dunes National Lakeshore! Conveniently located by tollroad, expressway or South Shore Train to Chicago,

yet with lower cost of housing and property & sales taxes, the Town of Porter is worth careful

consideration for your next MOVE or RELOCATION plans.

Just an eye-blink of a downtown area, you can walk from town hall across the street to the Police Station

which is across from the Library without burning any calories

Jeff & Grace Safrin REALTORS – “Spouses Selling Houses’ TM

Please feel free to Contact us @ 219-405-1232 with your Real Estate Questions. Click below to read & subscribe to our email newsletter with valuable Relocation Information.

NW INDIANA remains a Great REAL ESTATE MARKET check our past—> SOLD HOMES !

Thanks for Visiting our Blog! To read more about local NW Indiana events, sports, & more. For more homes for sale view our Listings @ www.safrin.net& read our client testimonials!

We are Your Local Expertsfor NW Indiana Real Estate.

Call us @ 219-405-1232 or email us for a RELOCATION Package Today.