April 2015

Found 14 blog entries for April 2015.

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Burglary and Home Invasion in Ohio—An Important Lesson for Homeowners

Burglary and Home InvasionEvery year tens of thousands of Ohio residents fall victim to burglary and home invasion. As a current or prospective homeowner, how much do you know about these crimes?

According to the FBI, home break-ins such as burglary and home invasion are the leading threat to homeowners. In today's post, I'll provide some insight into these two crimes, and the home security measures you can take to reduce your risk.

Burglary and Home Invasion Defined

In Ohio, burglary is generally defined as illegal entry into an unoccupied structure such as a home, a garage, or a building with the intent to commit a crime. The intruder does not actually have to carry out the intended crime to be

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The Importance of Home Inspections

home inspectionsI've been selling dozens upon dozens of homes over the years all across SW Ohio and have ran across many reputable lenders and home inspectors. As a professional buyer's agent, I do my best to assist my clients' with finding the right homes, lenders and home inspection companies to work with, among other things.

In order to avoid any legal ramifications for "steering" I have composed a list (that I am always updating or revising) of lenders and home inspection companies. I send this list to my clients and encourage them to do their own investigations of who they would like to work with.

One of the recent additions to the list of home inspection companies is Slab to Slate Home Inspections. Chad Shultz is the owner

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Real Estate is a Lot Like Sex

real estate blogs, first time home buying, real estate is like sexI generate business for my business partner Marty Snyder and for agents on our team at this company and I thought I'd share some fun but true insights for buyers that come from talking to a lot of them initially, and the intriguing conversations Marty has with clients after I refer them to him.

Agents talk all the time about the "emotional roller coaster" many first time home buyers find themselves on, and like sex it can be good, mediocre or bad. At the end, as with any relationship, you hope it's an ongoing, good and fulfilling experience.


The prospect is what's so exciting, isn't it? Some say it's the thrill of the chase, but unlike most romantic interludes, the price tag of a home is a lot more than

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The 2015 Home Buyer's Catch 22

2015 first time buyers, first time home buyersHello Peeps! Back again, this time to talk about the Buyer's Catch 22. A lot of real estate agents would agree that 2015 will see the last of the leftovers from 2006 when it all came crashing down, replaced by stability and opportunity, but that doesn't mean it's quite out of the woods yet.

We started off with storms and other unfortunate hindrances, and all 2014 predictions were made about large numbers of millennial buyers coming out of the woodwork in 2015. Obama slashed private mortgage insurance almost in half, loosening lending policies came about, credit was improving and a rosy picture was painted.

Well, hold on a second. We're seeing more buyers; after all it is spring and many hoping for a tax return to help

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Buyer Tips - The Stalker, the Talker and the Dead Walker

real estate agents to avoid, cincinnati real estate agentsReal Estate Agents to Avoid

Thinking about buying a home? If you've any length of time under your belt in preparing to buy, you've probably found out there's a ton of information, which is cool. But qualifications being equal, let's say, who are you going to work with?

You find yourself asking "Are you a Good Realtor, or a Bad Realtor?"

Let me help you out with that; eliminate who you won't and the list of choices gets smaller.

♦ The Stalker

This one, like other types of approach, will attempt to make contact as real estate agents will do. Good real estate agents do stay in touch once contact is made, but in a reasonable fashion that's consistent, and non-intrusive. The difference with

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Buyers - Don't be Fooled by Days on Market

days on market, making an offer, buying a homeAs we move further into the spring season, queries surrounding the number of days a home has been on the market increase.

If you're new to the home buying process, I'd like to encourage you to take a closer look. Not looking closer can cost you the perfect home. All kinds of things come to mind when a home has been on the market for a few to several months, your first inclinations could be steering you wrong. 

One of the first things buyers think of is "it's overpriced" or "what's wrong with it?" and natural to want to make a low-ball offer. While seeking a discount is prudent, not understanding the listing's history could cost you the home you want.

Normally, this is a good guess, but it's not always

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Real Estate Leads - Traction or Distraction?

real estate leads, internet real estate leads, real estate internet leadsBTW, I really hate the word "lead",

I think of leads as potential clients. They're simply people like you and me at some stage of the home-buying or selling process. Interestingly, the national average of internet real estate leads converted by agents into clients is an amazingly low 1 out of 24 while a handful of agents convert nearly 50% into clients. Why is that?

When & why buyers choose to work with you;

This is a good read for buyers too, as this article will give you indicators about whom to work with. Look at this way, it's two ends of a sliding scale, and agents should put themselves in the buyer or seller's shoes and imagine what they think or feel; too aggressive? Or not aggressive enough.

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Consumer Financial Protection Bureau –

New Mortgage Rules 2015

CFPB new mortgage rules, CFPB new mortgage rules 2015New rules are going into effect this August 1st, and enacted to make mortgage shopping easier but also to better protect consumers from expensive surprises.

What Realtors and Buyers Need to Know

Buyers should expect more stringent underwriting requirements under the Ability to Repay / Qualifying Mortgage Rule. Realtors will have to be ever more on-the-ball coaching clients on their credit and debt-to-income ratios. Lending policies have relaxed over the last year, but this "tightening up" means working a bit harder to get qualified.

A couple of lovely things that accompany these changes are much better transparency, easier-to-understand document formats. Mills, fees and points will

3,038 Views, 2 Comments

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Getting a Deal on a House - Deep Discount Dilemmas

getting a deal on a house, getting a deal on a new houseBuyer Tips & Realtor Tips - Deep Discount Hunters; As Gen Y comes out of the woodwork to buy on the heels of Gen X'ers talking about the deep discounts we saw in the years following 2008, we still run into disillusioned buyers thinking they're going to low-ball an offer to buy at a 10-20% discount off the asking price. 

It's reasonable to go for a discount, who wouldn't? What a buyer needs to realize, there are only a certain number of homes in any market that are going to meet their needs and that they'll be satisfied with having ownership of. That being said, here's some things to ponder to help you succeed whether you are a buyer, or a buyer's agent.

Getting a Deal on House Today - Expect a 3-5%

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What Goes Into a Real Estate Offer?

real estate offer, real estate purchase offer, closing costsLoan Type:

What type of loan you are going to be doing will matter. The three most common types are conventional, FHA, or VA. All three take different amounts of time to complete, which will determine how long you will be "in contract" for. You can find out more about the different types of loans here: Loan Info & Types

Loan Commitment:

There will be a set date placed in the contract that your lender will be required to provide a loan commitment to the seller. This is basically the final statement saying you are approved for the loan. The date will be based off the type of loan, as well as your lender. Some lenders are quicker than others, while others take much longer to get everything approved. If this date

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