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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, March 08
"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, Feb 08
Archive for the 'Mortgage/Finance' Category
Mortgage Bail Out?
December 5th, 2007 categories: Mortgage/Finance
Today, it was reported that a coalition of lenders, loan servicers and investors have reportedly agreed to a plan that would freeze interest rates on some subprime mortgage loans for five years.
Borrowers with loans made between Jan. 1, 2005, through July 30 of this year who face interest rate resets between Jan. 1, 2008, and July 31, 2010, […]
Authored by Joe | Discussion: 1 Comment »
Can a Medical Resident Find a mortgage?
October 31st, 2007 categories: Columbus News, For Home Buyers, Mortgage/Finance
Occasionally I will work with a Columbus area Doctor looking for a home in Central Ohio. Often, they are moving here from out of state to work at the Ohio State University Hospital systems, Ohio Health Hospitals or Mount Carmel. It’s not hard for these women and men to find a mortgage that […]
Authored by Joe | Discussion: 1 Comment »
5.9% Interest Rates on 30 Year Loans and other financing news
October 26th, 2007 categories: Mortgage/Finance
They’re back people. A bad week of economic news often means a good week for Mortgage Interest Rates. I try not to name names here, but I saw 5.9% with no points this week from Third Federal.
Also, FHA is still accepting Nehemiah Grants as Down Payment Assistance from the seller through March 31, 2008. There […]
Authored by Joe | Discussion: 1 Comment »
Is the Downtown Columbus Condo Market a Ticking Timebomb?
October 9th, 2007 categories: Condos & Lofts, Downtown, Mortgage/Finance
Will the Downtown Columbus Condominium Market implode in the next 8–10 years? Ironically, I’m talking about tax abatements, one of Downtown Columbus’ Best Residential drawing cards which could also lead to a very messy real estate market as they begin to expire.
Think about this. A major attraction to purchasing a home downtown would be the 75 or […]
Authored by Joe | Discussion: 5 Comments »
Can a first time Columbus Real Estate buyer get 100% financing?
September 10th, 2007 categories: Mortgage/Finance, Real Estate News
With all the talk about mortgage lenders drying up like Grapes in the California sun, it’s good to know that programs do still exist where, as long as your credit is pretty healthy, you can buy a house with no money down.
Now, let it be said that I do not advocate buying a home with […]
Authored by Joe | Discussion: 2 Comments »
What does a barely-able-to-buy-a-home Buyer look like?
August 29th, 2007 categories: Mortgage/Finance
I have a good idea of the parameters used to tell whether or not you’re able to buy a home. It’s the sort of thing I see, experience and read about every day. It occurred to me today that you may not know such things but would like to know more about what it takes […]
Authored by Joe | Discussion: 1 Comment »
COTA’s Smart Communte Program Helps Columbus Home Buyers
June 29th, 2007 categories: For Home Buyers, For Home Sellers, Mortgage/Finance, Real Estate News
Those looking to purchase Columbus Real Estate within 1/4 mile of a bus stop (and, let’s face it, probably darn near half of Columbus Real Estate within I-270 is within 1/4 mile of COTA Bus stop) can receive:
• Down payment assistance• Property tax incentives in specified Columbus neighborhoods• Special financing for specified new homes
Oh, and […]
Authored by Joe | Discussion: 1 Comment »
Local Mortgage Fraud schemers indicted
June 29th, 2007 categories: Mortgage/Finance, Real Estate News
I heard about this in the morning and the Dispatch article bared it out. The version I heard consisted of police rounding up something like 70 people all around Central Ohio and I thought there could even be some Realtors caught up in this round.
Mortgage Fraud has been prevalent all over Columbus for the last […]
Authored by Joe | Discussion: No Comments »