Short Sale Subject To Bankruptcy Court Approval SOLD - Schererville, IN 46375 Home listed by F.C.Tucker 1st Team Real Estate

By
Real Estate Broker Owner with F.C.Tucker 1st Team Real Estate

Northwest Indiana Short Sales subject to Bankruptcy Court Approval Listed by F.C.Tucker 1st Team Real Estate are Closing!There are multiple factors that can prolong a short sale transaction.

 

Recently we closed on a property in NW Indiana that was subject to lenders approval of a short sale(Schererville,IN 46375)  AND also subject to Bankruptcy court approval of the sale of the property.

 

To date, this is our longest short sale ever = 3 months and 13 days from accepted offer to closing.

Lender approval time was double what Indiana law HB 1359 allows (requires an answer in 30 days).

Seems that laws passed to help expedite short sales have little or no effect on the lenders and that they take even longer nowadays than before in the approval process!

Perseverence on the part of the listing agent and patience on the part of the buyers, cooperation on the part of the sellers are some of the key ingredients to make a short sale close.

If we can help you sell your NWI property - give us a call @ 219-405-1232.

Click here to see over a dozen other short sales closed recently in Northwest Indiana's Lake County, Porter County and La Porte County when listed by F.C. Tucker 1st Team Real Estate.

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

 F.C.Tucker Indiana's largest Real Estate Company Sincerely,

Jeff & Grace Safrin,  Broker / Owners                              Sign Up For Our Real Estate Newsletter

F.C.Tucker 1st Team Real Estate

13 Lincolnway Suite # 203 

Valparaiso, IN 46383         

Office # 219-309-9930

serving Lake, Porter, La Porte, Jasper, Newton & Starke Counties in NW Indiana

 Independently Owned & Operated

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Topic:
ActiveRain Community
Location:
Indiana Lake County Schererville
Groups:
Indiana Real Estate Professionals
Northwest Indiana - Building a Great Community
Posts to Localism
Real Estate Trends
Short Sale REALTORS®
Tags:
just sold
lake county in
northwest indiana information
northwest indiana real estate
indiana real estate

Comments 5 New Comment

Rainmaker
652,246
Bob & Carolin Benjamin
East Phoenix Arizona Homes
Benjamin Realty LLC

May you get qualified buyers and get a quick sale and fast closing. All the best.

November 27, 2010 05:59 PM
Rainmaker
432,136
Jeff & Heather Rickert
Harleysville Realtor ; RSPS
Keller Williams Real Estate

Thanks for the post.

Good luck in your area. 

I hope you had a good Turkey day.

November 27, 2010 06:24 PM
Rainmaker
446,670
Jeff&Grace Safrin
SpousesSellingHousesTM
F.C.Tucker 1st Team Real Estate

We Did Benjamin - we did!

You too Jeff & Heather , you too!

thanks to ya'll for taking time to comment

sincerely,

grace

November 28, 2010 03:59 PM
Ambassador
1,422,880
Karen Kruschka
- "My Experience Isn't Expensive - It's PRICELESS"
RE/MAX Real Estate Connections

Grace  Congratulations on another successful transaction in Schererville.  You are the Lake County experts

December 03, 2010 05:49 AM
Rainmaker
446,670
Jeff&Grace Safrin
SpousesSellingHousesTM
F.C.Tucker 1st Team Real Estate

Thanks Karen - appreciate you taking time to stop by and comment.

sincerely,

grace

December 04, 2010 02:47 PM
Rainmaker
446,670

Jeff&Grace Safrin

SpousesSellingHousesTM
Talk To Jeff & Grace Today!
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Additional Information

Northwest Indiana Real Estate - Lake, Porter, La Porte, Counties in NW Indiana. A Team Approach To Real Estate. We Are Internet Savvy! We provide you Valuable services and representation in Buying or Selling Real Estate and Relocation services : Competitive Market Analysis of Price, Marketing Plan that sells our Listings, Access to the largest buyer pool via Northwest Indiana Multiple Listing Service, Negotiation of Contracts. Coordination of the many aspects of Closing the Transaction: financing, inspections, insurance, appraisals, surveys, title work, deed, escrow, possession. Page copy protected against web site content infringement by CopyscapeF.C.Tucker 1st Team Team Real Estate serving NW Indiana

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