by Susanne Novak on July 26, 2010
This beautiful home for sale is located at 1010 W 2nd Ave in the heart of Grandview. It is larger than your typical home in the area. It features 4 bedrooms with a master suite on the 1st floor and 2 full baths.
This lovely home has been updated throughout. Roof, windows and gutters were replaced in 2003, insulation was added at the same time. And the kitchen was completely remodeled a few years ago. There are hardwood floors throughout, all original woodwork and lots of built-in storage!
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by Susanne Novak on July 20, 2010
Clintonville is an unincorporated neighborhood in north-central Columbus, OH with around 28,000 residents. Since Clintonville is an informal neighborhood, there are no formally recognized borders. This Clintonville map shows the commonly accepted boundaries of this desirable part of Columbus.
Clintonville starts at the Ohio State University Campus in the South and goes to Stanton Avenue in the North. The Olentangy Rivers forms a natural border to the West, while the East end is defined by interstate I-71.
Clintonville is known for its sense of community, independently owned stores, variety of parks and distinct housing styles. Read the Clintonville history to explore the “quirkiness” of this neighborhood, which is popular with young families, university students as well as artists and professionals.
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by Susanne Novak on July 11, 2010
Since the collapse of the sub-prime lending in 2009 FHA loans have become very popular to finance Columbus OH homes for sale.
So what exactly are FHA loans?
They are home loans issued by normal banks, but secured by a guarantee of the federal government (HUD). This means you do not borrow money from the federal government, but from your bank. The Feds just guarantee the loan in case you default.
FHA loans were unpopular during the height of the sub-prime mortgage market. Who would want to deal with the government, when easy money was available.
Since the easy money has disappeared and banks became ultra conservative when it comes to loaning their money, FHA loans have become very popular in the past couple of years. As a matter of fact, FHA loans account for more than 80% of all home mortgages these days.
Here are five reasons why FHA loans are the preferred option [click to continue…]
by Susanne Novak on July 7, 2010
The City of Westerville is nationally recognized as one of “America’s Best Places to Live” by Money Magazine. That’s its second consecutive ranking on the list. Westerville features fantastic safety services, more than 46 parks, a community recreation center and 26 miles of leisure paths.
So why are Westerville homes so popular with parents?
A stroll around town easily illustrates Westerville’s commitment to a quality education at all levels. The Westerville School District maintains more than twenty schools, including three high schools and three specialized curriculum K-5 schools for the Arts, Global Studies, and Math/Science.
Be it in the classroom with multiple National Merit Scholars annually, or on the field with state championships, excellence is the expectation not the goal.
Columbus OH homes for sale come in all shapes and sizes in Westerville. You’ll find the traditional starter home as well as the executive lifestyle homes for entertaining at the highest level. [click to continue…]
by Susanne Novak on June 29, 2010
Another deadline. Another struggle to close your home purchases.
On June 30, 2010 the home buyer tax credit will be gone forever. Mortgage lenders and title companies have mounted their final, heroic attempt to close all purchase contracts on homes for sale signed before the April 30 deadline. Many of them won’t make it it. They will loose their $8,000 government handout.
This time the government will not step in. A proposed extension, which was initially approved by the Senate, has been turned down as a part of a larger legislative package. And our leaders made it clear that they won’t pick it up again.
The National Association of Realtors estimates that 180,000 buyers will not be able to close their purchase before the Wednesday deadline. Most blame their lenders for the delays, as they have been swamped with loan applications. I do not believe that this is the real reason.
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by Susanne Novak on June 2, 2010
Did you read the dooms day stories in the media in early May?
Did you hear experts predicting the next crash of the real estate market after the home buyer tax credit expired in April?
Luckily, the nay-sayers have been proven wrong again. I am glad to report that in Columbus OH, homes for sale are still purchased for much more than asking price.
It’s incredible! I could not believe my eyes when I saw the most recent bidding statistics of upscale HUD homes. Buyers are literally fighting to win the bid. In many cases they offer significantly more than list price, just to claim they bought a “bargain”.
Let’s see, if these home purchases are good deals, or, if the buyers got caught in a bidding frenzy. Here are 4 HUD homes that went in contract yesterday. I saw most of these homes from the inside. Most of them are in average condition (at best.)
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