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Archive for the 'Market Updates' Category

This Columbus Home has Instant Equity — Oh Really?

Instant Equity. Two words anyone buying real estate in Clintonville, Bexley, Grandview, Downtown, Short North, Berwick, Westgate or anywhere else in Central Ohio love to hear.
The problem is, I’ve heard those two words too often lately. The problem is the context and the definition of instant equity.  In my opinion, anyone buying a home that [...]

Authored by Joe Peffer | Discussion: No Comments »

How Realtors Stole the $8,000 1st Time Columbus Homebuyer Tax Credit

Not the money itself, just the concept. I’m amazed by how many Listing Signs, Agent MLS remarks and Brokerage Office Signs are screaming out $8,000 Tax Credit!! If I didn’t know better, I would think it was the National Association of Realtors, not the United States Congress, that came up with this idea and told [...]

Authored by Joe Peffer | Discussion: No Comments »

Bexley House and Garden Tour – Plus, What’s for Sale in Bexley

Save the Date! June 13 and 14, 2009, the Bexley Women’s Club presents the 2nd annual Bexley House and Garden Tour. If you missed the first one last year, you’ll enjoy this one. No, I am not a presenting sponsor though I’d be happy to sponsor you as we search for your next home in [...]

Authored by Joe Peffer | Discussion: No Comments »

Dwellicious – The 2nd Best Home Search Tool I know of

If you are considering purchasing a home in the coming year, the first thing you might want to do—even before you’re calling me to be your Realtor—is to look at homes that are for sale in your Columbus Neighborhood of choice.
The more you look, the more you learn about the mini-real-estate-markets you’re interested in.  You [...]

Authored by Joe Peffer | Discussion: 1 Comment »

Deal or No Deal? Columbus has its share of Foreclosures and short sales-how do you know?

You could ask an informed Realtor, for starters. Typically, a Realtor could do a little research and tell you what similar homes have sold for in this or that neighborhood, what neighboring homes might be in contract at what price and what nearby homes on the market are listed for.
Not just any homes though, you [...]

Authored by Joe Peffer | Discussion: No Comments »

Some Columbus Home Buyers Will See Fee Increases

 
Fannie Mae, Freddie Mac plan big fee increases

Fannie Mae and Freddie Mac are both toughening their credit score and down-payment rules as of April 1.
In response, major lenders are already factoring in the higher fees, which reduces the effectiveness of the stimulus efforts.
Under the new guidelines:

Buyers with down payments of less than 25 percent will [...]

Authored by Joe Peffer | Discussion: No Comments »

Feeling Stimulated to Purchase a Columbus area Home?

Two Quick Takeaways: It’s only for first time buyers — If you buy before the tax deadline this year, you can qualify for the $8000 NOW
Here is a quick re-cap on the Stimulus Plan and how it relates to Central Ohio home buyers in comparison to last Summer’s Plan:

Authored by Joe Peffer | Discussion: No Comments »

Think Your Columbus Area Home is Valued too High? How to Dispute Your Franklin County Property Taxes

Lately, with so many great deals available, a hot topic of conversation is property taxes. Why are they so much? How can I reduce my Franklin County Property Taxes? If I buy this short sale or foreclosed home at a discount, how do I go about getting my taxes reduced and how long do I [...]

Authored by Joe Peffer | Discussion: 1 Comment »

What the Stimulus Plan may mean to Buyers of Columbus Homes

A Quick Update on what I know this morning regarding the stimulus plan and how it may help you if you’re considering buying a Columbus home that is for sale.

Authored by Joe Peffer | Discussion: No Comments »

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copyright 2007-2011 Joe Peffer is a Columbus Realtor and Real estate Broker for RE/MAX Town Center in Columbus, Ohio