(March 22, 2011) Home sales for the first two months of the year are just 1.1 percent behind the same period last year suggesting a strong start for the central Ohio housing market according to the Columbus Board of REALTORS® (CBR). There were 2,178 homes closed in January and February compa
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03/22/2011
I have been looking with my buyers for a few weeks. A few days ago I ran across a new listing that seemed to offer everything that they are looking for. The property was being offered by a Fannie Mae Homepath agent that I closed two transactions with last year. I knew my people would be very
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02/02/2011
After 10 months of operations the well intended HAFA (Home Affordable Foreclosure Alternatives) program designed to help with foreclosure alternatives including short sales, has qualified less than 700 short sales. A far cry from the success many expected from this agency. Finally the Treasury
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01/18/2011
All condominiums starting December 7, 2011 financed with FHA loans will need to be re-certified for FHA lending. The time frame for recertifications are approximately 4-6 weeks according to what HUD has stated.The following documentation is required for FHA Reviews on "Established" Condo Project
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12/08/2010
As the old saying goes, real estate is all about location, location, location. But, there is a lot more to it than just plain geography when it comes to finding your perfect home. There are a lot of things to consider during the search because, for most, a home is the most significant purchas
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11/18/2010
When it comes to buying a home, having bad credit is not the end of the world. Your future doesn't have to be defined by your past. Whether you have suffered from a bankruptcy, foreclosure or some type of financial hardship that resulted in late or missed payments, there are lenders who speci
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11/11/2010
Home values continue to rise which is good news for central Ohio. The average sale price for the first nine months of the year is $161,204 up 7.4 percent from the beginning of 2010 according to the Columbus Board of REALTORS®. There were fewer homes listed for sale last month than is customary
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10/25/2010
If you are a buyer considering a purchase with FHA financing, it may be to your advantage to act sooner rather than later On September 1st, FHA officially posted the mortgagee letter describing changes to the FHA MIP program. Effective for FHA loans for which the case number is assigned on or
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09/19/2010
By Alejandro LazoRISMEDIA, September 17, 2010--(MCT)--Big banks pushed fewer U.S. households into foreclosure for the seventh consecutive month in August, a real estate firm reported, though repossessions of properties already ensnared in the process hit a record.The continued convergence of th
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09/17/2010
By Paige TeppingRISMEDIA, August 26, 2010--You wouldn't buy a house without shopping around first, right? Then why would you commit to the loan you use to buy that house without making sure you're getting the best deal possible? From the experts at LendingTree, here are six reasons why it's essen
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08/26/2010