Wednesday, September 5, 2012

Weekly Rate and Real Estate Update, 9.05.12

Rate drop!

Dan’s activity this week:
Inspection is done and out of the way on the foreclosure purchase, now as long my buyers financing moves along at a normal pace we should be good to close in a few weeks!  A few more measurements for improvements and they’ll be homeowner’s again!

There was sign of life over at our Bank of America short sale!  The HUD statement, which banks have completed before final approval of a short sale, was “tweaked” this week, adding some fees, changing some others.  Maybe this will complete that process and get us on to closing!

That “out of the blue” call on the Carmel listing is fully developed!  They are listed with me and Active on the market as of a few hours ago.  This Past Client Referral is what makes all the hard, consistent work worth it!  Now time to sell this home.

The “secret” project we are working on is moving along, the post card has been designed and the database is getting cleaned up!  If you read this blog with regularity, are in the Indy area but don’t think I have your mailing address and email, feel free to email that to me so I make sure to get you included for this event.

If you haven’t seen it yet or want to see it again…our renovation project is updated so click HERE to see the latest!

 Rates for the week
From the IBJ... The average rate for 30-year mortgages fell from 3.91 percent to 3.80 percent in the week ended Aug. 29, according to The rate for 15-year mortgages fell from 3.12 percent to 3.03 percent.

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