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Each month, we publish a series of articles of interest to
homeowners -- money-saving tips, household safety checklists,
home improvement advice, real estate insider secrets, etc.
Whether you are currently in the market for a new home, or not,
we hope that this information is of value to you. Please feel
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This month's features...
FEATURE REPORT:
- Should You Have the Air Ducts in Your Home Cleaned?
ALSO THIS MONTH:
- 13 Extra Costs to be Aware of Before Buying a Home
- Things You Need to Know About Automobile Tire Care and Safety
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Monday, January 26, 2009
Sunday, December 28, 2008
IT DOESN'T MATTER How Much You Owe on Your Home........We Can Sell it!!
I Know, I know...........
1. You owe more on your home than what it is worth.
2. You don't have tens of thousands of dollars to bring to the closing table.
3. You have good credit and are not behind on your payments.
4. Homes are not selling where you live.
5. There is a real estate and mortgage crisis going on in this country.
6. You would love to take advantage of the HUGE buying opportunities in this market.
Relax people! Banks are now allowing people to sell their home for less than what is owed on them. We are selling homes for people who are upside down by over $100,000 and the banks are letting them do it!! They have a program to do this without destroying your hard-earned good credit.
"Why"??
Because the banks are getting HUGE handouts from the government. They want to take ALL of their losses now while the government is giving these handouts out like Halloween Candy. Their strategy is to flush all the negative equity out of the market TODAY!!
The process is called a "SHORT PAYOFF".
NEVER HEARD OF IT??
Don't feel bad, most people haven't....
If you would like to know how this is done or to see if you qualify, shoot us an email or a phone call (614-804-2100).
We are doing these transactions in all 50 states.
These programs will NOT last forever..........
When the bailout money is gone, these programs will probably go bye-bye.....
If you are ever going to do it, now is the time!!
For a copy of our book we co-authored, Should I Short Sale My Home?, send me an email and I will email it to you.
1. You owe more on your home than what it is worth.
2. You don't have tens of thousands of dollars to bring to the closing table.
3. You have good credit and are not behind on your payments.
4. Homes are not selling where you live.
5. There is a real estate and mortgage crisis going on in this country.
6. You would love to take advantage of the HUGE buying opportunities in this market.
Relax people! Banks are now allowing people to sell their home for less than what is owed on them. We are selling homes for people who are upside down by over $100,000 and the banks are letting them do it!! They have a program to do this without destroying your hard-earned good credit.
"Why"??
Because the banks are getting HUGE handouts from the government. They want to take ALL of their losses now while the government is giving these handouts out like Halloween Candy. Their strategy is to flush all the negative equity out of the market TODAY!!
The process is called a "SHORT PAYOFF".
NEVER HEARD OF IT??
Don't feel bad, most people haven't....
If you would like to know how this is done or to see if you qualify, shoot us an email or a phone call (614-804-2100).
We are doing these transactions in all 50 states.
These programs will NOT last forever..........
When the bailout money is gone, these programs will probably go bye-bye.....
If you are ever going to do it, now is the time!!
For a copy of our book we co-authored, Should I Short Sale My Home?, send me an email and I will email it to you.
Friday, November 21, 2008
Has Central Ohio Hit ROCK BOTTOM???
Has Central Ohio hit ROCK BOTTOM???
Many Industry experts (including us) feel that it has...........
Read on.
FRONT PAGE NEWS OF THE COLUMBUS DISPATCH!
The headline reads: "THAT SINKING FEELING OUCH!"
Sounds terrible and depressing, right?
However, if you read the article carefully (on page 4) you will see
that the data points to the fact that OUR local real estate market
is nearing the bottom.
How do we know that?
1. Affordability Index--Our homes are undervalued here. Our median price is in the $140's while the rest of the midwest is in the $160's.
2. Cost of resale home vs new home--"A recent National Bureau of Economic Research study found that home-sales prices were below comparable housing construction costs............including Columbus. It means the Columbus market is probably undervalued."---Walter Maloney spokesman for the National Association of Realtors
3. The number of homes on the market is declining--The number of listings was down 15% in September and NEW listings are off by 13.6% (this helps balance the market out)
4. The decrease in value is slowing in our market--NEVER pay attention to national numbers. We started our decline about 2 years ahead of CA, FL, NV, and other parts of the country. We should recover before they do as well. Central Ohio ONLY FELL 5% FROM THE SAME QUARTER AS 2007.
5. The number of incentive programs by the government is increasing for BUYERS--The government is voting to bring back Down Payment Assistance and they created a huge $7500 tax CREDIT for buyers who use FHA (contact us for more details on this incredible incentive).
6. Many people have been waiting for the BOTTOM OF THE MARKET.--Rarely are people able to time the stock market or the real estate market. However, people will try to do it. Most of them are going to get caught on the way UP next year. I can't tell you how many people have told me they are going to wait until prices hit bottom and THEN buy a home. It is happening in 2009 according to the data.
7. Some markets are already increasing in the US and have "bottomed out".--Two states on either side of us (Illinois and New York) have had greater than 8% increases in pricing this quarter compared with 2007.
8. Mortgage Rates are dropping like crazy.--The bond market is going crazy and driving down 30 year fixed rates.
IF YOU (OR ANYONE YOU KNOW) HAS EVER THOUGHT OF BUYING A HOME, DO NOT MISS OUT ON THE MOST INCREDIBLE BUYING OPPORTUNITY THEY MAY EVER SEE!!! (yes, I am yelling with my bold face type because I do not want anyone to miss it) :-)
If you are SELLING (as a move-up buyer) and buying in a higher price point, YOU CAN MAKE (SAVE) THOUSANDS OF DOLLARS BY SELLING NOW AND BUYING NOW. If this does not make sense or seem irrational, contact us for an explanation. Move-up buyers have the BEST opportunity in a buyers market. They PAY MORE in a sellers market and it actually works AGAINST them. Weird huh??
If you MUST sell (and owe more than your home is worth), we have programs to help get your home sold and NOT have to bring any money to the closing table. If you don't know what a SHORT PAYOFF is or a SHORT SALE (they are not the same thing) contact us immediately. These special programs are running out of time. The government is only running Short Sale Forgiveness through 2009!! Don't miss out on it.
If you have ever thought of INVESTING, NOW IS THE TIME!! We have single family homes that cashflow around $100-$150 per month on a 15 year mortgage and have a property management company to do all the UGLY work. You will need about $10,000 to invest to purchase the property. The biggest complaint we hear is "I don't want to be a LANDLORD". Well, neither do we. We have a property managment company that: renovates the home, does the dirty work, rents the home, collects rents, does the lawn care, takes all maintenance calls, screens the clients, (everything) and makes it so you never even have to see the property..........EVER. Call or email for details.
So, keep you head up!!
It is most likely that the WORST IS BEHIND US here in Central Ohio.
Thank Goodness!!! :-)
Many Industry experts (including us) feel that it has...........
Read on.
FRONT PAGE NEWS OF THE COLUMBUS DISPATCH!
The headline reads: "THAT SINKING FEELING OUCH!"
Sounds terrible and depressing, right?
However, if you read the article carefully (on page 4) you will see
that the data points to the fact that OUR local real estate market
is nearing the bottom.
How do we know that?
1. Affordability Index--Our homes are undervalued here. Our median price is in the $140's while the rest of the midwest is in the $160's.
2. Cost of resale home vs new home--"A recent National Bureau of Economic Research study found that home-sales prices were below comparable housing construction costs............including Columbus. It means the Columbus market is probably undervalued."---Walter Maloney spokesman for the National Association of Realtors
3. The number of homes on the market is declining--The number of listings was down 15% in September and NEW listings are off by 13.6% (this helps balance the market out)
4. The decrease in value is slowing in our market--NEVER pay attention to national numbers. We started our decline about 2 years ahead of CA, FL, NV, and other parts of the country. We should recover before they do as well. Central Ohio ONLY FELL 5% FROM THE SAME QUARTER AS 2007.
5. The number of incentive programs by the government is increasing for BUYERS--The government is voting to bring back Down Payment Assistance and they created a huge $7500 tax CREDIT for buyers who use FHA (contact us for more details on this incredible incentive).
6. Many people have been waiting for the BOTTOM OF THE MARKET.--Rarely are people able to time the stock market or the real estate market. However, people will try to do it. Most of them are going to get caught on the way UP next year. I can't tell you how many people have told me they are going to wait until prices hit bottom and THEN buy a home. It is happening in 2009 according to the data.
7. Some markets are already increasing in the US and have "bottomed out".--Two states on either side of us (Illinois and New York) have had greater than 8% increases in pricing this quarter compared with 2007.
8. Mortgage Rates are dropping like crazy.--The bond market is going crazy and driving down 30 year fixed rates.
IF YOU (OR ANYONE YOU KNOW) HAS EVER THOUGHT OF BUYING A HOME, DO NOT MISS OUT ON THE MOST INCREDIBLE BUYING OPPORTUNITY THEY MAY EVER SEE!!! (yes, I am yelling with my bold face type because I do not want anyone to miss it) :-)
If you are SELLING (as a move-up buyer) and buying in a higher price point, YOU CAN MAKE (SAVE) THOUSANDS OF DOLLARS BY SELLING NOW AND BUYING NOW. If this does not make sense or seem irrational, contact us for an explanation. Move-up buyers have the BEST opportunity in a buyers market. They PAY MORE in a sellers market and it actually works AGAINST them. Weird huh??
If you MUST sell (and owe more than your home is worth), we have programs to help get your home sold and NOT have to bring any money to the closing table. If you don't know what a SHORT PAYOFF is or a SHORT SALE (they are not the same thing) contact us immediately. These special programs are running out of time. The government is only running Short Sale Forgiveness through 2009!! Don't miss out on it.
If you have ever thought of INVESTING, NOW IS THE TIME!! We have single family homes that cashflow around $100-$150 per month on a 15 year mortgage and have a property management company to do all the UGLY work. You will need about $10,000 to invest to purchase the property. The biggest complaint we hear is "I don't want to be a LANDLORD". Well, neither do we. We have a property managment company that: renovates the home, does the dirty work, rents the home, collects rents, does the lawn care, takes all maintenance calls, screens the clients, (everything) and makes it so you never even have to see the property..........EVER. Call or email for details.
So, keep you head up!!
It is most likely that the WORST IS BEHIND US here in Central Ohio.
Thank Goodness!!! :-)
Friday, October 3, 2008
VIP Program--just starting
Hey guys,
Just wanted to let you know that Stacey and I are kicking off our VIP Program for our valued past and current clients (there are over 700 of you). For some of you, we will be contacting you via direct mail because we don't have your email address yet.
We have partnered up with some great entertainment and dining experiences and will be passing those along to you monthly.
TODAY---We have a coupon from one of our favorite home repair stores---Lowes. It is for 10% off your next purchase.
Please email us your name, address, and phone number if you want us to send you one:
We will be adding different promotions monthly.
You will hear from us more in the near future. Have a GREAT OCTOBER!!
Just wanted to let you know that Stacey and I are kicking off our VIP Program for our valued past and current clients (there are over 700 of you). For some of you, we will be contacting you via direct mail because we don't have your email address yet.
We have partnered up with some great entertainment and dining experiences and will be passing those along to you monthly.
TODAY---We have a coupon from one of our favorite home repair stores---Lowes. It is for 10% off your next purchase.
Please email us your name, address, and phone number if you want us to send you one:
We will be adding different promotions monthly.
You will hear from us more in the near future. Have a GREAT OCTOBER!!
Thursday, December 27, 2007
Real Estate Trends For 2008
In spite of gloom and doom of recent news reports on the state of the nation's housing, there is plenty of good news, the most recent of which comes from the National Association of Realtors.
Laurence Yun, the chief economist for NAR, had plenty of positive news for Realtors at last month's conference. Yun attributed much of today's subprime mortgage problem to Wall Street greed.
Yun's outlook for 2008 sees a shift from greedy speculators to serious homeowners. 2008 will be a year of opportunity where there will be serious, healthy business. Furthermore, Yun predicted that the market returns to normal by 2009.
According to Yun, one of the biggest mistakes that reporters make is talking about national trends. Nationally, 2007 was the fifth best year ever on record. Home prices declined about 1.5 percent after a 50 percent run up in prices.
The challenge is that national numbers are pretty much irrelevant. Yun argues that talking about national averages is about as effective as having a national weather forecast. Like the weather, all real estate markets are local. In fact, you may have a buyer's market and a seller's market operating within a single market area based exclusively upon price point. Here are the other key pieces of positive news from Yun's economic report:
1. New housing starts: Even though these are dropping, there was too much building in recent years. The market is simply adjusting to normal supply-and-demand pressures. The inventory is "being controlled which makes stabilization occur more quickly."
2. Foreclosures: According to Yun, the 41 percent increase in foreclosures has resulted primarily from investor-heavy real estate purchases in Arizona, California, Florida and Nevada. The majority of these individuals are flippers whose investments did not payoff. More importantly, the number of foreclosures in Utah, New Mexico, North Carolina and South Carolina is actually declining.
3. Under-priced markets: Although the coastal markets are still overpriced, Middle America is under priced.
4. The recovery has started: The states that first experienced a downturn in the Northeast, are now in recovery. There appears to be a pent-up demand for first-time buyer properties due to a large number of Gen Ys (born 1977 to 1994) that are now buying their first homes. Falling interest rates will motivate many of these buyers to step into the market now.
5. New jobs and corporate profits are still strong: Corporate profits are still strong with companies as diverse as Microsoft and Jack Daniels reporting close to record profits. Furthermore, the economy has generated 4 million net new jobs and wages are rising.
6. A weak dollar may harbinger more foreign investment in U.S. real estate. Although the decline of the U.S. dollar will end up costing us more when we go overseas or purchase imports, it has resulted in more manufacturing jobs returning to the U.S.
7. Real estate: Still the best shelter: For those reluctant first-time buyers, Yun points to some interesting research from the Federal Reserve. Between 1995 and 2004, the average renter accumulated $4,000 in wealth. In contrast, the average homeowner accumulated $184,400. Furthermore, the typical homeowner holds their property for six years. Within this period of time, NAR's research shows that approximately 97 percent of the homeowners will have a positive equity position after that period of time.
Bottom line: 2008 represents the best window that buyers will have to find excellent deals with excellent financing.
Laurence Yun, the chief economist for NAR, had plenty of positive news for Realtors at last month's conference. Yun attributed much of today's subprime mortgage problem to Wall Street greed.
Yun's outlook for 2008 sees a shift from greedy speculators to serious homeowners. 2008 will be a year of opportunity where there will be serious, healthy business. Furthermore, Yun predicted that the market returns to normal by 2009.
According to Yun, one of the biggest mistakes that reporters make is talking about national trends. Nationally, 2007 was the fifth best year ever on record. Home prices declined about 1.5 percent after a 50 percent run up in prices.
The challenge is that national numbers are pretty much irrelevant. Yun argues that talking about national averages is about as effective as having a national weather forecast. Like the weather, all real estate markets are local. In fact, you may have a buyer's market and a seller's market operating within a single market area based exclusively upon price point. Here are the other key pieces of positive news from Yun's economic report:
1. New housing starts: Even though these are dropping, there was too much building in recent years. The market is simply adjusting to normal supply-and-demand pressures. The inventory is "being controlled which makes stabilization occur more quickly."
2. Foreclosures: According to Yun, the 41 percent increase in foreclosures has resulted primarily from investor-heavy real estate purchases in Arizona, California, Florida and Nevada. The majority of these individuals are flippers whose investments did not payoff. More importantly, the number of foreclosures in Utah, New Mexico, North Carolina and South Carolina is actually declining.
3. Under-priced markets: Although the coastal markets are still overpriced, Middle America is under priced.
4. The recovery has started: The states that first experienced a downturn in the Northeast, are now in recovery. There appears to be a pent-up demand for first-time buyer properties due to a large number of Gen Ys (born 1977 to 1994) that are now buying their first homes. Falling interest rates will motivate many of these buyers to step into the market now.
5. New jobs and corporate profits are still strong: Corporate profits are still strong with companies as diverse as Microsoft and Jack Daniels reporting close to record profits. Furthermore, the economy has generated 4 million net new jobs and wages are rising.
6. A weak dollar may harbinger more foreign investment in U.S. real estate. Although the decline of the U.S. dollar will end up costing us more when we go overseas or purchase imports, it has resulted in more manufacturing jobs returning to the U.S.
7. Real estate: Still the best shelter: For those reluctant first-time buyers, Yun points to some interesting research from the Federal Reserve. Between 1995 and 2004, the average renter accumulated $4,000 in wealth. In contrast, the average homeowner accumulated $184,400. Furthermore, the typical homeowner holds their property for six years. Within this period of time, NAR's research shows that approximately 97 percent of the homeowners will have a positive equity position after that period of time.
Bottom line: 2008 represents the best window that buyers will have to find excellent deals with excellent financing.
Friday, December 7, 2007
Will Mortgage Rates Go Well Below 6% ??
We think so.
Inflation is under control and all indicators show that a recession is in the works. Stockholders will flee the stock market and take refuge in Bonds, which will drive down mortgage rates.
It is a GREAT time to refinance or PURCHASE.
Check out this article for details from the experts:
http://www.mortgage-info-for-free.com/s_customform.asp
If you need to puchase a home or just like looking at them online, go to http://find-a-home-easy.com
Inflation is under control and all indicators show that a recession is in the works. Stockholders will flee the stock market and take refuge in Bonds, which will drive down mortgage rates.
It is a GREAT time to refinance or PURCHASE.
Check out this article for details from the experts:
http://www.mortgage-info-for-free.com/s_customform.asp
If you need to puchase a home or just like looking at them online, go to http://find-a-home-easy.com
Wednesday, October 24, 2007
Here are some of the main people on our team
We need to get rid of the guy on the right hand side. :-))
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