This week on the Selling Fort Wayne podcast, hosts Tyler Morningstar and Kerri Morningstar catch up with Lindsay Hannah of Greater Fort Wayne, a nonprofit organization that focuses on economic development and community growth in Fort Wayne, Indiana. Lindsay discusses the exciting growth and development happening in Fort Wayne and shares insights about attracting high talent and fostering collaboration. She also discusses the Intern Experience program, which aims to retain young talent in Fort Wayne by showcasing the city's opportunities and amenities.

”We are partners, strong partners with our city, the city of Fort Wayne, and then our Allen County government with the commissioners. We're all rowing in the same direction because when you have everybody moving in a certain direction and in a certain vision, you just see intentionality and success.” -Lindsay Hannah [04:06]

“We were chosen to be a pilot city, the only city in Indiana. Because of our growth in Fort Wayne, they wanted to utilize us to build out what we have now named the Intern Experience. As we sat down, we utilized ten people from our leadership, Fort Wayne Cohort this year to help with this project and have been blown away.” -Lindsay Hannah [16:30]

What You Will Learn:

Greater Fort Wayne and its formation

The Visionary Program for larger investors

Quarterly economic development updates

The Inner City Visits program

How the Intern Experience program attracts and retains talent

Contact:

• Contact Tyler at tylermorningstar@gmail.com and (260) 433-5385.
• Contact Kerri at kerrimorningstar@gmail.com and (260) 410-8294.
• sellingfwpodcast@gmail.com
• Tyler Morningstar on Instagram: instagram.com/ty_morningstar
• Tyler Morningstar on TikTok: tiktok.com/@tyler.morningstar
• Tyler Morningstar on Facebook: facebook.com/MorningstarRealEstateFW
• Visit Century 21 Real Estate: homesforsale.century21.com/century-21-bradley-realty,-inc.-5263c
• Contact Margaret at (260) 497-9469 and (260) 410-8365.
• Visit Metropolitan Title Company: metropolitantitle.com

Sponsor:

Blake Evans, National Property Inspections Fort Wayne: npiweb.com/fortwayne

In this episode of the Selling Fort Wayne podcast, hosts Tyler Morningstar and Kerri Morningstar talk with Margaret Sklenar from Metropolitan Title Company. Margaret shares her insights on short sales and foreclosures in the real estate market. She explains that a short sale occurs when a seller is unable to pay off their mortgage and works with the lender to accept a lower amount to satisfy the debt. Margaret emphasizes the importance of understanding the tax implications of a short sale and highlights the extensive documentation required in the short sale process. She also discusses the challenges that can arise, such as dealing with multiple lenders and the time-consuming nature of the process.

"The public thinks that if someone can't pay off their mortgage, it's because they're a deadbeat or because they just have been totally irresponsible financially. That is the case in some regards, but in other regards, not necessarily. So there are always a lot of circumstances that surround short sales, but ultimately, we work to help the lender accept the money that the seller can get out of their house in order to satisfy the debt and not have the seller go through foreclosure proceedings.” -Margaret Sklenar [03:12]

"It has to be a buyer that has the fortitude to wait and the time to wait to get the short sale around and also knowing that they're not going to get any concessions from the lender, from the seller or the lender.” -Margaret Sklenar [18:54]

What You Will Learn:

Steps involved in a home short sale process

Challenges with different departments in short sales

Assumable loans

Considerations for buyers in short sale transactions

Overview of the foreclosure process

Importance of title insurance and using professionals in real estate transactions

Contact:

• Contact Tyler at tylermorningstar@gmail.com and (260) 433-5385.
• Contact Kerri at kerrimorningstar@gmail.com and (260) 410-8294.
• sellingfwpodcast@gmail.com
• Tyler Morningstar on Instagram: instagram.com/ty_morningstar
• Tyler Morningstar on TikTok: tiktok.com/@tyler.morningstar
• Tyler Morningstar on Facebook: facebook.com/MorningstarRealEstateFW
• Visit Century 21 Real Estate: homesforsale.century21.com/century-21-bradley-realty,-inc.-5263c
• Contact Margaret at (260) 497-9469 and (260) 410-8365.
• Visit Metropolitan Title Company: metropolitantitle.com

Sponsor:

Blake Evans, National Property Inspections Fort Wayne: npiweb.com/fortwayne

In this episode of the Selling Fort Wayne podcast, hosts Tyler Morningstar and Kerri Morningstar talk with Joe Gugelman, MLS/Technology Director at UPSTAR. Joe discusses the current real estate market in Fort Wayne and explains the role of UPSTAR in the local MLS. He shares insights for buyers and sellers and talks about the current lack of inventory in housing. Listen this week as Joe, Tyler, and Kerri compare the local market in Fort Wayne to the overall trends across the country.

"As inventory starts to fill back into a reasonable number and we get somewhat of a balanced market and you feel like you can go buy a home after you sell yours that's going to encourage a lot more people to actually look to list their home rather than staying put because again, you're going to sell your home, you're going to get good money for it, but then you're going to go pay a lot for the next one. So it all balances out eventually.” -Joe Gugelman [24:20]

"If somebody feels like they've been treated unfairly in this process, there are different paths they can take. But Upstart in general is the point of contact for be it a member of ours or a member of the public. We can be that first point of contact to help guide you." -Joe Gugelman [42:33]

What You Will Learn:

• What is the MLS?
• Upstar's use of Paragon
• Homesnap features and benefits
• The ever-evolving real estate forms
• Buyer's representation and legal ramifications
• Current inflation and interest rates
• Lack of inventory in housing
• Promoting homeownership and generational wealth

Contact:

• Contact Tyler at tylermorningstar@gmail.com and (260) 433-5385.
• Contact Kerri at kerrimorningstar@gmail.com and (260) 410-8294.
• sellingfwpodcast@gmail.com
• Tyler Morningstar on Instagram: instagram.com/ty_morningstar
• Tyler Morningstar on TikTok: tiktok.com/@tyler.morningstar
• Tyler Morningstar on Facebook: facebook.com/MorningstarRealEstateFW
• Visit Century 21 Real Estate: homesforsale.century21.com/century-21-bradley-realty,-inc.-5263c
• Contact Margaret at (260) 497-9469 and (260) 410-8365.
• Visit Metropolitan Title Company: metropolitantitle.com

Sponsor:

Blake Evans, National Property Inspections Fort Wayne: npiweb.com/fortwayne