Columbus Real Estate News
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Your step by step guide to purchasing a home! (updated to reflect current market conditions)
As a first time home buyer (or a home buyer buying again for the first time in many years), I'm sure you have many questions involving the home buying process. Where do I start? What costs are associated with buying a home, besides the mortgage? Do you have lenders, home inspectors, etc. that you can recommend? Who pays your fee? If you find yourself asking these questions, read on! This will give you a general idea of what to expect, and will most likely answer most of the questions you may have!The first step in the process is to contact a Realtor in your area (myself) if you're in central Ohio (realtor4columbus@yahoo.com)! As a
Sellers updating?
Ok, so I've recently had a few different sellers tell me they never understood why people who were getting ready to sell their home fixed it up only to move out, and not get to enjoy the updates. I get that, but on the flip side, it makes sense. When comparing properties with buyers, a home that has been updated and is in near move in condition is worth an extra couple thousand dollars (which equates to just $20 - $30 more a month), and will almost always win out, unless the buyer is looking for a "fixer upper", in which case they would expect to purchase the property for substantially less. Sellers, just a little something to think about! It really does make sense, if you look at it a
Not good news for condo owners
http://www.dispatch.com/live/content/business/stories/2009/10/19/New_Condo_rules.ART_ART_10-19-09_A10_N7FCOV9.htmlI wonder if the new rules that are set to go into effect in a few short weeks can be changed before 11/2! If not, it's going to be incredibly tough for first time home buyers to purchase a condo using FHA financing, which is the majority of first time home buyers!!
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