Realty Insights for Home Buying, Home Selling, and Indy Info

Great news from The Nehemiah Program! Following is an article from Jason Lopez, Area Manager Indiana and Kentucky: Judge Lawrence K. Karlton of the United States District Court for the Eastern District of California upheld Nehemiah’s motion for summary judgment and invalidated the U.S. Department of Housing and Urban Development (HUD) rule to ban private downpayment assistance as proposed in the “Standards for Mortgagor’s Investment in Mortgaged Property” regulation published October 1, 2007. To be clear, this rule cannot be enforced by HUD and is no longer a threat to private downpayment assistance programs. We are thrilled with the Court’s decision to support low-to-moderate income families across the country by ruling against HUD’s attempt to ban private downpayment assistance,” said Scott Syphax, President and CEO of Nehemiah Corporation of America. This is a major and conclusive judgment, leaving no uncertainty that downpayment assistance is a life line to the families that Nehemi

With summer just around the corner, many people are thinking about spending time at two of our local reservoirs--Geist and Morse. Both offer waterfront living, boating, fishing, swimming and lots of other summer activites. Here are some facts about each: Geist Original purpose--Water supply Date into service--1943 Water surface area--1,900 acres Shoreline--35 miles Maximum depth--48 feet Storage capacity--6.9 billion gallons Overall dam length--1,900 feet Dam height about valley--40 feet Water depth at dam--26 feet Morse Original purpose--Water supply Date into service--1956 Water surface area--1,500 acres Shoreline--32.5 miles Maximum depth--42 feet Storage capacity--8.3 billion gallons Overall dam length--2,962 feet Dam height about valley--57 feet Water depth at dam--42 feet Information courtesy of the Center for Earth and Environmental Science, IUPUI

Just reduced! Now offered at $759,000! 265 Beechwood Lane, Zionsville MLS 2827139 Privacy in the Village and a 2+ acre setting! Classic Colonial elegance in a park-like setting next to Nature Preserve. Lovely hardwoods, spacious rooms, newer kitchen with Thermador cooktop and custom cabinetry. Master suite with expanded dressing room and updated bath. 3 additional large bedrooms plus 2 more full baths. Expansive Living Room with gas fireplace and long windows. Cozy library with 2nd gas fireplace. Full basement. Enjoy the woods, creek, wildlife and rare privacy. A great place to make memories! Call Diane for a showing! (317) 216-3607

Check out my newest listing! 6642 W. Deer Crossing Blvd, McCordsville Offered at $216,900 MLS #2826674 Light, Bright, Stunning! And ready for its close up. Striking two-story Great Room is light filled and offers functional space. 9-ft ceilings, the kitchen is bright and open to the Family Room. White cabinets with nickel pulls, neutral counters, a center island plus all appliances delight. A gas fireplace warms the Family Room and overlooks a lovely pond. Master suite is elegant with vaulted ceiling and walk-in closet. Irrigation system, lovely landscaping, upgraded fixtures, and finished garage make this home a star. Call Diane for you own showing! (317) 216-3607