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"As a first-time homebuyer, I was nervous about the entire process. Step by step, Joe made it easy and fun. His expertise in the Columbus real estate market is a tremendous asset. He is highly recommended!" - Nicolette Horan
"I wanted to say thank you again, so much, for all your hard work. I know that you really put a lot of time into this transaction and I really, really appreciate it. I'm so happy I got the house and it all worked out and I just wanted to say thanks again, you did a great job and i really appreciate it. I will put that on the survey when they send it to me.
If there is ever anything I can do for you, please don't hesitate to give me a call. I will refer every single person I know to you. I'm going to go get my dog and we're going to sit on the floor of our new house and have a glass of champaign. Thanks a lot Joe" -- Michael Mamp
Columbus Ohio’s Most Prolific 2007 Home Sales
December 31st, 2007 categories: Real Estate News
Don
Dave
January 1st, 2008
Hey Joe,
On the other side of that, I noticed last Sunday in the Dispatch that there were 70 properties transferred to banks/mortgage companies, most below 100K. Are these foreclosures or are there always this many and I never noticed?
Joe Peffer
January 1st, 2008
Hi Dave, Yeah, even though I’m on top of the MLS everyday, I enjoy looking at the Sunday Dispatch and noticed an unusual amount of banks buying properties, mostly in that price range. Some entire zip codes appeared to be bank buyers.
They are mostly foreclosures, not all unlucky families caught in the mortgage mayhem though. Some were undoubtedly sheriff sales and would-be investors who got in over their heads.
Every week the banks are well represented. It is usually the bank that ends up buying at each Friday’s Sheriff sale. Sometimes bargains are to be had, but more often than not, the combination of property condition, location and market make it a tough sell.