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Archive for the 'Mortgage/Finance' Category

COTA’s Smart Communte Program Helps Columbus Home Buyers

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

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 »

Is the 2007 Columbus Real Estate Market Doomed?

Or is it primed to make a comeback?  Well, maybe somewhere in between lies the best guess.  The first and last thing to always remember when we’re talking about real estate is that IT’S ALL LOCAL.
Who cares if the sky is falling across the country. So what if USA Today, WSJ and the nightly news talk doom […]

Authored by Joe | Discussion: 3 Comments »

Monday Morning Rant –Sellers–Get on your Realtors to remove snow!

Yesterday I showed homes for a? few hours in Clintonville to a charming couple looking for their first home.? Luckily, the weather wasn’t too bad and it was not snowing or raining, or sleeting and it really wasn’t that cold.? Trudging through the snow to get to homes was a nightmare though.? […]

Authored by Joe | Discussion: 1 Comment »

The Avg American Mtg last 4.2 years

According to Fannie Mae (The Federal National Mortgage Association,) the average American mortgage lasts 4.2 years.
That doesn’t mean that people? move an average of every five years or so, but it does mean that they? sell or refinance every 4.2 years.?
The average American DOES move every Seven years though.? Chances are these […]

Authored by Joe | Discussion: No Comments »

option arms (or) You always have to pay the piper (sometimes)

Wednesday, 09 August 2006

I had a wonderful past client call me this morning.? His elderly mother is getting slammed by prescription drug costs and they share a concern over her continued ability to pay her mortgage.? In fact, I got the feeling it’s past that point….

I can hardly think this scenario is uncommon.? […]

Authored by Joe | Discussion: No Comments »

Mortgage Rates fall, Again, A bit, For Now

I don’t pretend to be the Chairman of the Federal Reserve board or have a Masters degree in marketing.I am pretty knowledgeable when it comes to Mortgages and home buying/selling money matters but let’s face it, it’s not my area of expertise.
That’s why I occasionally post things like this. I think it’s important that buyer’s […]

Authored by Joe | Discussion: No Comments »

Have to sell before you buy? Some things to think about . .

?
The daily reporter today had a great article about selling your home and buying your next home and the stress that goes with it.
The way I do things is like this:

Take the sellers out and show them some homes they might like
If they find some they like, chances are they’ll find some when it’s […]

Authored by Joe | Discussion: No Comments »

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