This foreclosure home in Kokomo is just begging for new owners!
With some cleaning and your decorative touches this house will sparkle again!
Call now for details - 765-513-0354!
Once again, I am pleasantly surprised to find the list of houses scheduled for the April 23 Sheriff's Sale is already posted. Not only is the list posted, but some of the houses have already been taken off the list. As it gets closer to the sale date, be sure to check the list again to make sure any houses that interest you are still on the list.
And, don't forget to read the Sheriff Sale Information page before you bid on a house. There are no guarantees! When you buy a house at a Sheriff's Sale, you get what you get! Warts and all!
The next sale of homes set for foreclosure in Kokomo, Greentown and Russiaville is scheduled for March 19, 2008. I was pleasantly surprised to see that the Sheriff's Department had already posted the list of houses planned for the sale. This gives you a chance to possibly see inside some of these houses if they are currently listed with a real estate company.
As it gets closer to the sale date, check the list again to see if the house you are interested in is still on the schedule. Here are a couple of reasons a house may "go off" the list:
Be sure to read the Sheriff Sale Information page before you bid on a house. There are no guarantees! When you buy a house at a Sheriff's Sale, you get what you get! Warts and all!
The next Sheriff's Sale for Howard County is February 20th. For a list of properties slated for sale, check the Sheriff Department website. And don't forget to read the information page.
Keep in mind that the majority of these houses go back to the lender who holds the mortgage. Once the lender or their servicing company has title to the property, they usually proceed to list the property with a local real estate company. From the time the lender gets the property until it is offered for sale can be a matter of days or a matter of months. For more details on this process, be sure to read Get the "Upper-Hand" in Buying a Foreclosure Home in Kokomo.
If you go to a sale, please let us know about your experience. You can call me at 765-513-0354, email me or post a comment below.
The next Sheriff's Sale for Howard County is Jan. 23. For a list of properties slated for sale, see to the Sheriff Department website. And don't forget to read the information page.
Keep in mind that the majority of these houses go back to the lender who holds the mortgage. Once the lender or their servicing company has title to the property, they usually proceed to list the property with a local real estate company. From the time the lender gets the property until it is offered for sale can be a matter of days or a matter of months. For more details on this process, be sure to read Get the "Upper-Hand" in Buying a Foreclosure Home in Kokomo.
If you go to a sale, please let us know about your experience. You can call me at 765-513-0354, email me or post a comment below.
If you or someone you know in Kokomo or anywhere in Howard County is facing foreclosure - there is help!
According to today's issue of REALTOR Magazine Online, several mortgage companies and nonprofit housing counselors have formed Hope Now. Hope Now offers help to home owners having trouble making their mortgage payment.
If you go to the Hope Now website, you will see several links to resource information about credit counseling and links to find a credit counselor. If you scroll down the page you will also see the membership of this group. Good news! A lot of the big lenders are listed!
A while back I posted the article You Can Avoid Foreclosure! There is a list of alternatives to foreclosure and also information about Indiana-based assistance for home owners facing the possibility of foreclosure.
Locally, I've been trained in foreclosure intervention strategies and can help you determine options to foreclosure. Sometimes it is as simple as me coaching you about what to say to your lender and pointing you in the right direction. So, please, if I can answer any questions or help you get pointed in the right direction, don't hesitate to call me at 1-765-513-0354 or send me an email.
The next Sheriff's Sale of foreclosure properties in Howard County is scheduled for December 19, 2007 here in Kokomo. Properties aren't listed yet, but bookmark the site and check back often. (Update: Properties were posted 11/30/07.)
Don't forget to read the Sheriff Sale Information page.
One of these days, when my schedule allows, I'm going to check-out these sales and let you know what happens at them. If you go to one, let me know what it was like, whether you bought a property, etc. I would love to share your experience with others.
Are you (or someone you know) facing foreclosure? Believe it or not, the lender doesn't want your house or any other house in Kokomo!
Not too long ago, foreclosure was the only alternative for homeowners having trouble making payments on their mortage. But things have changed!
In many parts of the country, including Kokomo and Howard County, there is an "epidemic" of foreclosures. Some of the largest mortgage lenders in the country have closed their doors. Some have been "bailed" out by other lenders. All of them are pulling in the reins when it comes to home loans. All of this because of foreclosures.
What that means to you if you are in financial trouble, is that these very banks that once turned a "deaf ear" to homeowners are now listening and often times offering alternatives to foreclosure. As I said before, they don't want your house. They are in the business of lending money, not taking houses back and selling them!
Here are some possible alternatives to foreclosure:
Continue reading "Avoid Foreclosure - Save Your Kokomo Home!" »
Contrary to what you may think, foreclosures hurt the entire community - Kokomo, Russiaville, Greentown, etc. With foreclosure sales making up 30-40% of all sales in Howard County, it is easy to think the only ones affected are homeowners who "lose" their homes. That would be wrong!
Continue reading "Foreclosure Hurts Everyone in Kokomo and Howard County!" »
The Howard County Sheriff's Department has posted properties scheduled for the October 24 Sheriff's Sale. Be sure to check this list often - things change and properties are removed from the list for various reasons.
Also be sure to read the Sheriff Sale Information page! It has important information about the process and what you have to do to bid on the property.
Note this statement on the page:
The Sheriff's Office does not receive the minimum bids on the properties until 1pm on the day of the sale.
I am not positive, but I think that is the minimum the lender is willing to allow the property to sell for at the sale. If they don't get a higher bid, the lender will buy the property and sell it on the open market - through a real estate company.
Good luck and let me know how it goes!
