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Reynoldsburg, OH Real Estate News

By Vanessa V. Simmons, Realtor
(Real Living HER)
There are great incentives for first-time Columbus area real estate buyers. Big tax incentives and money put into the banking and financing industries to give buyers more availability to loans makes now the best time to move when looking for a home. This environment won't last-exactly. Some of the elements put in place are geared toward a strong future for the housing market, but many of the advantages are only good for now. Tax Relief First-time Columbus Area real estate buyers, meaning those who have not owned a home in the past three years, are eligible for a big tax break on income taxes. Next year at tax time all buyers have to do is report the new home purchase to get $8,000 dollars back. That's a big incentive. The drawback is it's only good for this year. It is retroactive to t...
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By Vanessa V. Simmons, Realtor
(Real Living HER)
  A few months ago my I had a client that was 3 days away from closing his HUD property when we realized that all the copper was stripped from the property.  HUD made the decision to issue a credit to my client versus replacing the plumbing.  My client decided to walk from the deal.  After filling out the appropriate form and waiting 3 weeks, I was notified by HUD that I could return my clients earnest money. This was an example of successfully getting Earnest money back from HUD.  . HUD does offer some great deals and opportunities but like any other government entity it can be slow and cumbersome.  It is important to work with an experienced Agent who knows the process and can assist you in getting your bid and paperwork correctly submitted to better insure a smooth closing.  Changes...
Comments 9
By Vanessa V. Simmons, Realtor
(Real Living HER)
Ohio is one of the states where HUD is still offering consumers their $100 dollar down program but many folks are confused as to exactly how it works. First it is important to know that the program is for owner/occupants only. Next it is important to note that the program only applies to FHA Loans. The components are as follows: •1.        $100.00 dollars down applies to the down payment only.  ***Key point to keep in mind...-even with this program the $1000.00 earnest money deposit is still due within 48 hours of winning a HUD bid.  The $100 down payment replaces FHA's required 3.5% down payment.   •2.       As of Cot. 1st 2008 until further notice the buyer will receive a $2500.00 Sales Incentive which can be used for:              •a.      Closing Costs              •b.      Tax-Pro...
Comments 11
By Vanessa V. Simmons, Realtor
(Real Living HER)
  One of the biggest questions potential sellers seem to be asking lately is, "Should I Stay or Should I go?" With the Central Ohio Real Estate Market, like most other markets, still recovering from foreclosures, short sales and bank owned properties, which continue to drag down property values, many sellers are wondering if now is the right time to sell their home to purchase a new one.  There are a few things to keep in mind.  Here in Central Ohio, year end 2008 saw a 13.5% drop in inventory levels over year end 2007.  Time on market showed a decrease from 108 days to 100 days.  The absorption inventory rate is another indicator of market conditions.  At the end of 2008 we had 7.67 months of inventory where as at the end of 2007 we were at 8 months.  Market watchers consider Central O...
Comments 2
By Vanessa V. Simmons, Realtor
(Real Living HER)
No matter how we may want to dance around the subject, the truth is, one of the first things people notice when they enter your Central Ohio home is the way it smells good or bad.  Everyone will agree that each home has its own unique smell.  As residents we often become immune to the smells in our own homes, however, when a seller is looking to impress perspective buyers it is critical to be aware of potentially offensive smells.  Below are a few tips on how common household occurrences like pet stains and musty odors can be eliminated.   Identify Were the Smell is coming from: •1.        If the smell is coming from an identifiable source clean the area with warm water and baking soda. •2.       Sprinkle a little baking soda on the area and allow sitting and vacuuming or cleaning up a...
Comments 2
By Sam Cooper, Sam Cooper Howard Hanna Real Estate
(Howard Hanna Real Estate)
Reynoldsburg Oho Real Estate   The numbers are in for January 2009 in Reynoldsburg Ohio, recording 20 home sales during that month. Independence Village contributed most of the sales according to the MLS totaling 5 records.   The highest selling home sold in Windsor Forest at 184 SW Canterburry Ln. for $210,000 on January 28, 2009. This gorgeous home off of Palmer Rd., situated on close to 2 acres of land boasted 4 large bedrooms, 2.5 baths, 2100 square feet of living space and a 4 car garage.   Taylor Woods and Summit Woods, neighborhoods south of Broad and east of Taylor Rd., both contributed multiple home sales to the mix including a new partial brick two story Diyanni Home. The home pictured to the right is a home in Reynoldsburg Ohio 43068.   If you're thinking of buying or selling...
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By Sam Cooper, Sam Cooper Howard Hanna Real Estate
(Howard Hanna Real Estate)
Reynoldsburg Ohio Real Estate The highest selling home on Parkinson Drive in Huber Reynoldsburg Ohio sold with Sam Cooper HER Realtor in 9 days on the market. This hard to find Miss America floor plan home in Huber is loaded with updates including a Florida Room, kitchen renovation, updated vinyl windows and a custom stone fireplace in the living room. The cooperative brokerage was Real Living HER. Owner pride shows through with this beautiful 4 Bedroom, 2 full bath home in Huber subdivision located at 1638 Parkinson Dr. Huber subdivision is located just south of Main St. and north of Reynoldsburg High School on Livingston Ave. in Reynoldsburg Ohio. Most homes in Huber offer comfortable one story floor plans without basements with desirable ranch home amenities. Brick facades are common...
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By Sam Cooper, Sam Cooper Howard Hanna Real Estate
(Howard Hanna Real Estate)
Reynoldsburg Ohio Real Estate The highest selling home in Reynoldsburg Knolls in 2008, according to the Columbus Ohio MLS was located at 6489 Helm Ct. Reynoldsburg Ohio 43068 and sold with Sam Cooper HER Realtor in just 15 days for $162,500. The original list price was $164,900. The cooperative brokerage in this transaction was HER Real Living. Reynoldsburg Knolls is located just southeast of Rosehill Subdivision, north of Rosedale subdivision and east of Olde Orchard subdivision. Loaded full of goodies, this home has almost everything including a renovated kitchen with stainless appliances, ceramic tile floors and newer oak cabinetry. You can enjoy the seasons in your sprawling, tree lined backyard and three seasons room, feeling like its own private "get away" with a hot tub. This 3 B...
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By Sam Cooper, Sam Cooper Howard Hanna Real Estate
(Howard Hanna Real Estate)
Homes sold in Reynoldsburg Ohio The highest selling home in Ludlow Subdivision, Reynoldsburg Ohio 43068 in 2008 was sold at 8096 Priestley Dr. by Sam Cooper HER Realtor. This home sold in 26 days for $174,500. The original list price was $174,900. This Two story is a traditional floor plan with 4 Bedrooms, 2.5 Baths, Formal Dining Room, Living Room, Family Room, Basement and Two Car Garage. However, it had been renovated with some flair! You'll find Cherry Cabinetry, Corian counters and hardwood floors dress the Kitchen along with Stainless Appliances. The large family room is accented by a skylight and has a warm fireplace. The lower level has been finished and adds a great extra space for living or entertaining. This is truly a remarkable home in Ludlow Subdivision. Ludlow subdivision...
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By Sam Cooper, Sam Cooper Howard Hanna Real Estate
(Howard Hanna Real Estate)
Reynoldsburg Ohio Home Sales - Sell Your Home in Reynoldsburg Ohio - Reynoldsburg Oh Realtor I've compiled some recent home sales data in Reynoldsburg Ohio if you are thinking of selling your home in Reynoldsburg. The light green bar represents active listings for sale in Reynoldsburg. The dark green bar represent houses that have sold for that month in Reynoldsburg and the red line indicates homes that are in contract in Reynoldsburg Ohio. The statistics shown below represent activity within the last year.   Listed Below are the average square foot prices of homes sold in Reynoldsburg Ohio within the last year.       If you're thinking of selling your Reynoldsburg Oh Home then please contact Sam Cooper. Sam Cooper is the top 2% Selling HER Realtor in Reynoldsburg Ohio, 2008. HER Realto...
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By Jody Deeds, "Helping You Move On With Your Plans"
(Key Realty, LTD)
According to Columbus Board of Realtors statistics, here is the 1st Quarter MARKET REPORT for 2007 covering Reynoldsburg Corp. Limits Single Family Residential Homes.Currently 301 properties are ACTIVE and Listed For Sale in the community.  The average LIST price of these homes is $181,268.  In addition, 59 homes are currently UNDER CONTRACT with an average List Price of $157,687.67 homes SOLD during the 1st Quarter (January 1, 2007 through March 31, 2007).  These homes averaged 3 bedrooms and 1.5 bathrooms, and an average SALES PRICE of $139,071.  Average number of days on the market for homes in the area is about 122 days.If you'd like more information about Pickerington and surrounding communities, give us a call at 614-755-9566 or visit us on-line at www.buyahomecolumbus.com.  We'll...
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