Heather Fitzgerald - Indiana Real Estate | Indiana Short Sales | Indiana Foreclosures

Here is some great information that Steve has shared with us.  It will be interesting to see where this goes from here.  There are circumstances where it should be utilized and then situations where it is simply a ploy/tactic to nail the bank to the wall for something that really isn't their fault in certain cases with Short Sales.

Don’t let your home go to foreclosure/Sheriff's Sale and have your mortgage company freeze your assets when they come after you for the deficiency balance!  It can happen!

There are many  ways to lose your home but having the Sheriff show up at your door is the  hardest. Then to have your mortgage company then come after you for the deficiency judgment by freezing your assets/bank account makes life even more challenging.  For owners who can’t afford to keep mortgage payments current any  longer or are behind already on their mortgage, there are alternatives to  bankruptcy or foreclosure.

One of those  options is called a "short sale."

More than half  of our listing inventory are Short Sales and Foreclosures.

When lenders  agree to do a short sale property on your home, it means the lender is accepting  less than the total amount that is owing.

It is at your  lender/s discretion whether they accept to approve your home for an  Noblesville IN Short Sale listing, but it is worth a try!

If you are  considering buying or selling Noblesville Short Sales, there could be  drawbacks. For your protection, we suggest that all borrowers:

• Obtain legal  advice from a real estate lawyer with strong Short Sale knowledge


• Call a CPA for  tax ramifications.

We are not CPA’s  or attorneys, so we can’t advise you on these consequences.

Lenders have  varying steps for Short Sales, but these are typical for the Short Sale  Process:

• Call Your  Lender
  Let your  lender know you are working with an experienced Short Sale Agent that has listed  your home and that you need their Short Sale package if they require their own  packet.

• We Will Submit  Your Letter of Authorization
  Once you  contact us to list your home as an Indianapolis Short Sale, this is one of the  first steps that we take.


• Hardship  Letter
  Give all  details that are critical to your situation: tax increases, divorce, separation,  medical costs, job loss, etc.  We have example Hardship Letters if  you need them.

• Proof of Income  and Assets
  You will  need truthful and honest about your financial situation and disclose assets and  all liabilities.  Your lender might require their Financial  Worksheet be filled out, and if not, we have a copy that you can  utilize.

• Copies of Bank  Statements
  Your lender  generally needs your last two most recent months bank statements, and large  deposits or withdrawals will possibly be questioned by your  lender/s.

We have closed numerous Short  Sales: Indianapolis IN Short Sale, Greenwood IN Short Sales,  Avon IN Short  Sales, Mooresville IN Short Sales, Carmel IN  Short Sales, Westfield IN Shortsales.  Check more properties at no obligation: www.SmithFitzgeraldTeam.com

If you are behind on your payments and are not sure  what to do, contact Heather Fitzgerald Today!

We find solutions for you!    317-371-2622

Dan,  Thanks for sharing this advice for sellers, it is critical advice for sellers to be able to sell their homes!  It stinks to get low offers, but interest is interest, and pride can't get in the way of business-very wise advise that we all sometimes forget.

Do you have what people think is a crazy idea, but you believe it is great?

Here are some very interesting thoughts from some very intelligent people:

"There is no reason anyone would want a computer in their home."
- Ken Olson, president, chairman and founder of Digital Equipment Corporation, 1977

"I think there is a world market for maybe five computers."
- Thomas Watson (1874-1956), Chairman of IBM, in 1943

"The concept is interesting and well-formed, but in order to earn better than a ‘C’, the idea must be feasible."
- A Yale University management professor, in response to student Fred Smith’s paper proposing reliable overnight delivery service (Smith went on to found Federal Express

"We don’t like their sound, and guitar music is on the way out."
- Decca Recording Company, rejecting the Beatles, in 1962

"Who the hell wants to hear actors talk?"
- Harry Morris Warner (1881-1958), co-founder of Warner Brothers, in 1927

Think about those narrow minded thoughts by very intelligent people, and roll those dice and go for your dreams!!!!

Well its official, Carmel Indiana is the 6th largest city in Indiana.  Carmel has added close to 8,000 residents due to an annexation of Southwest Clay.

According To Mayor Brainard   "Being the biggest isn't important," Brainard said. "We want to make sure Carmel is a place that's competitive withcities around the world, a place that reflects well on the Indianapolis region and that's a good place for people to spend their lives."

Carmel IN Is Growing - Now 6th Largest City in Indiana

Lets Talk Carmel Indiana Real Estate

Carmel is known for upscale neighborhoods and lavish luxury homes as well as well planned communities making Carmel real estate extremely desirable and a must have zip code! 

There are fantastic deals in Carmel's luxury home market.  Carmel offers executive homes, luxury homes and estate homes for sale.  If you are looking to buy a foreclosure or bank owned home in Carmel Indiana contact the The Smith Fitzgerald Team. 

View Carmel Indiana Bank Owned Homes and Foreclosures Now

Jamie McMurry wins Brickyard 400!  The same Jamie McMurray who won the Daytona 500.  McMurray is one of three race car drivers to win both the Daytona 500 and the Brickyard 400 in the same year! Congrats to Jamie McMurray and his crew.

For all of you racing fans and visitors of Indianapolis, thank you, we appreciate you and hope to see you again.  If you frequent Indianapolis, IN because of racing, business or vacationing, it might be a benefit to buy a condo or home close by rather than stay in a hotel or motel annually.

We work with many real estate investors and buying a second home or vacation home is a real estate investment. For additional information about buying or selling Indianapolis, IN real estate contact the SmithFitzgeraldTeam.  We have some terrific real estate deals!  View Indianapolis real estate now.