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Buying Distressed Properties in Ohio

Buying Distressed Properties in Ohio

  When you think of a distressed property sale, the first words that probably come to mind are bank-owned. But did you know that beyond bank-owned, these transactions come in many forms, including HUD and short sales. Conquering the world of buying and selling these properties requires you understand the difference. Here is a primer […]

Inventory Shortage Pushes Columbus Area Home Prices Up More than 10 Percent

Inventory Shortage Pushes Columbus Area Home Prices Up More than 10 Percent

For the first time since 1990, the number of homes for sale in the region fell below 7,000, with only 6,786 homes and condos currently listed for sale in the central Ohio. As a result, the average sale price of a home during the month of February was $180,527, a 10.4 percent gain over February […]

Interest Rates Take Surprising Downward Swing

Interest Rates Take Surprising Downward Swing

According to Bankrate.com, the average 30-year fixed rate for mortgages at the end of February was 4.48 percent and has since dropped to. Rates peaked back in December of 2013 around 4.7 percent but since that time have slowly began to retreat. Mortgage rates 30-year fixed 15-year fixed 5/1 ARM 30-year jumbo 2/26/2014 4.48 3.50 […]

Columbus First Time Home Buyer Programs

Columbus First Time Home Buyer Programs

Did you know there are legitimate programs available that help first-time and repeat home buyers get into their first home? From FHA loans that allow you to purchase with as little as 3% down to grants that provide money for down payments, owning a home may not be as difficult as you first imagined. With […]