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columbus ohio real estate: More Lease Purchase Pitfalls - 12/12/08 06:57 PM
Submitted by Vicki Owens, ABR, CRS, GRI, Andy & Associates, Realtors, December 2008
With the market as tough as it has been, I have received yet more calls and emails from people who have had a lot of difficulty with their lease purchase arrangements. It unfortunately seems this always comes after the fact and always reiterates the reason why I always advise against these sort of agreements.
One gal contacted me who was at the end of her 2 year agreement. I spoke to her way back in 2006 when she was contemplating a home purchase. At that time, … (0 comments)
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columbus ohio real estate: Getting Ready to Sell in Today's Buyer's Market? - 12/11/08 07:15 AM
Submitted by Vicki Owens, ABR, CRS, GRI, Andy & Associates, Realtors Marysville
Here it is, another holiday season. If your home is or has been on the market this year without an offer, you are not alone. So what does it take to win over that buyer in today's challenging market?
· See Your Home from the Buyer's Eyes by asking yourself one of the toughest questions that you can. If you were on the market to buy, what would you pay for the home today? Forget your memories there and the money you've spent to maintain or update. What would … (0 comments)
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columbus ohio real estate: HUDS, Bank Owned & Short Sales, Oh My! - 12/07/08 08:27 AM
First & Foremost you need to know as a home buyer that buying one of these repossessed homes take a great deal of PATIENCE. Unfortunately, banks are not in the "instant gratification" business. We are so used to things happening fast. When an offer is made on one of these homes, it has to pass through MANY hands. The banks are overwhelmed with work with so many foreclosures available for sale. Because they are NOT in the real estate business, many systems have not been streamlined to provide timely answers to home buyers.
If you are right for it and do … (0 comments)
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columbus ohio real estate: Short Sale or Not to Short Sale - 12/07/08 07:55 AM
That IS the question. So What Is A "Short Sale" Anyway?
A short sale is when the bank agrees to take less than what they are owed on a mortgage and forgive some of the debt in order to avoid foreclosure. The key is "to avoid foreclosure".
In this 21st Century market, many home owners that purchased their homes anywhere from 2001-2006 have come to find out that their values declined. VERY disappointing when so many were promised appreciation by super charged sales reps, real estate agents and mortgage lenders. But the best thing to do if you can ride out … (0 comments)
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Vicki Owens, ABR, CRS, GRI, SFR
Marysville,
OH
More about me…
Best Homes Real Estate
Address: 127 West 5th Street, Marysville, OH, 43040
Office Phone: (937) 644-3385
Cell Phone: (614) 440-5174
Email Me
One of Central Ohio's leading agents provides you with information for the market within a 30 mile radius of Marysville. See all of Vicki's listings at www.movetomarysville.com Formerly Andy & Associates Realtors, NOW Best Homes Real Estate. For your real estate questions, email Vicki directly at vicki_owens@hotmail.com or give her a call at 614-440-5174. Vicki spends most of her time in the field communicating face to face with clients and posts blogs only periodically that are pertinent to current market conditions.
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