columbus: Realtor Appreciation Night - 10/07/09 05:10 PM
 


Realtor Appreciation Night Introducing United Country Ohio Realty & Auction
Sponsored by: Donerick's Pub, First American Title & United Country Ohio Realty & Auction Group
When:  Wednesday, October 21, 2009
Time:   5:30 - 7:30 PM
Where: Donerick's Pub - 6711 Dublin Center Dr., Dublin, OH 43017
Attention … (6 comments)

columbus: Realtor Compensation at Auction - 09/07/09 01:26 PM
This morning I was going through the mail and saw the new In Contract magazine that comes to the brokerage.  The first thing I usually do is look at the upcoming educational courses for things I want to attend or to suggest to my agents.
Next month an agent and attorney … (3 comments)

columbus: Silver Knight shuts down, but dispute with OSU will carry on - 04/09/09 01:44 PM
Business First of Columbus - by Kevin Kemper  
A former licensee of Ohio State University has suffered a take down in a long-running battle with the school, but a March decision from the Ohio Court of Claims means the contest isn't over.
Mike DiSabato, a former OSU wrestler, placed his Silver … (0 comments)

columbus: Delaware Hotel a tough sell - 03/19/09 05:56 AM
Delaware Gazette
Thursday, March 19, 2009
By ANDREW TOBIASStaff Writer

The bank that foreclosed on the Delaware Hotel's previous owners is still looking for a buyer after Wednesday's sheriff's auction failed to yield any third-party bidders for the property.
An attorney for New York lender Ciena Capital LLC bought the … (0 comments)

columbus: Columbus offices placed in receivership - 03/07/09 06:57 AM
March 6, 2009 Business First of Columbus - by Brian R. Ball
A six-building office campus in northeast Columbus has ended up in receivership after lender Bank of America foreclosed on the 200,000-square-foot complex.
Franklin County Common Pleas Court Judge Michael Holbrook appointed Gryphon Asset Management LLC on March 2 … (4 comments)

columbus: Delaware Hotel to be auctioned at sheriff's sale - 03/02/09 04:24 PM
Monday, March 2, 2009 11:51 AM By Dana Wilson
The Columbus Dispatch DELAWARE, Ohio -- The Delaware Hotel, which closed last fall, will be auctioned at a sheriff's sale scheduled for March 18 at 10 a.m.
The four-story hotel at 351 S. Sandusky St. was condemned in September after city inspectors found safety- … (3 comments)

columbus: Check Foreclosure Status Online - 02/21/09 09:24 AM
Good morning all.  I have read quite a bit lately about tenants and buyers having troubles due to finding out too late that the property they are working with is in foreclosure and nearing the Sheriff Sale. 
This is not a perfect answer, but one option is to check the county … (1 comments)

columbus: Simple Counter Terms - Receivership Listing - 11/23/08 09:01 AM
Real estate agents all over the US are involved in situations where the standard Purchase Contract does not work without significant modifications.  Below are some terms used in Central Ohio receiver sales our company manages.
This Counteroffer dated November 19, 2008 shall be made part of the Real Estate Purchase Contract … (6 comments)

columbus: I uh tol a u soo - 09/17/08 06:43 PM
Hi guys and gals.  It's been a while.  Not sure how much I am going to be around, but just thought that I needed to share something.  Maybe someone will Google me and read the words that need to be understood.
We deal with a lot of lenders in Columbus and … (22 comments)

columbus: Columbus Banks to Tackle Rehabbing REO - 03/01/08 09:04 AM
Columbus Realtors grab your tool belts.  It looks like the new job in town for REO professionals is called Rehab.  I'm not talking board ups and trashouts here folks.  We are talking new roofs and all.  I'm talking about Realtor = General Contractor.  Lucky for me I have been a GC, … (14 comments)

columbus: Court Ordered Sale - 40 Unit Apartment Building - 11/29/07 05:46 PM
Good evening everyone.  I just wanted to post a flyer for our most recent auction offering.  This one will not have a live component, only sealed bid bidding.  If you or your associates have clients or know of anyone looking to buy multifamily properties with significant upside potential, please take a … (1 comments)

columbus: Loan Sales Unsuccessful - Now REO ? - 11/03/07 07:40 AM
Recently a couple of my bank clients have been attempting to sell their default loan portfolios to groups of investors.  Many of these portfolios are in the 3-8 million range.  The assets are mostly vacant, mostly former rental properties either single family, double or four-plex.  Most loans were originated 12-24 months … (5 comments)

columbus: September 18 Distressed Deal Counts - 09/18/07 09:27 PM
Ohio is currently listed as #5 in the foreclosure rankings with 1 in every 376 households in some stage of foreclosure.  If you follow RealtyTrac, that is a 138% increase over August of 2006. WOW !!!!
Our research shows us that there are currently 4,079 properties available in Franklin County, Ohio that … (7 comments)

columbus: Bankruptcy Portfolio – Columbus Ohio Range Priced - 09/05/07 03:59 PM
Gryphon Realty Advisors, Central Ohio's Leader in Asset Management and Recovery, is pleased to announce that they have been retained to list and manage 42 single family homes in the greater Columbus Ohio marketplace from an Arizona bankruptcy case. 
The portfolio can be purchased in its entirety, in smaller blocks or individually.  Prices start … (4 comments)

columbus: It's a Bloodbath and Time to Swim with Sharks - 07/17/07 10:27 AM
What is going on in the Columbus Ohio investment market right now is a terrible thing.  Terrible, that is, if you are overextended.  Terrible if you are trying to sell investment property at retail prices.  Terrible if you don't have a source of funds.
What I am trying to say is that … (10 comments)

columbus: Real Estate Marketing is Changing - 06/13/07 06:50 AM
To some, this post might sound like me just beating a dead horse.  I've got to tell you though, the ways real estate professionals market property for sale is changing.  Today there are websites, email, media relations and TV.  You guessed it.  I am also going to spout off about real … (9 comments)

columbus: Is the Death of the Party Bus a Good Thing? - 11/30/06 05:20 AM
Yes, this does become a real estate topic.  It just takes a minute.
Background - We live and work in the Columbus, OH area and my partner and prospective partner (another long story) own an old bus that has been converted into a dance club and bar.  We drive it to OSU … (5 comments)

columbus: Strange Books I Am Writing - 11/19/06 06:18 PM
"Auctions for Dummies" - This is really kind of in the works.  Right now it is a stack of papers and binders about 24 inches thick. 
"Dirty Tricks for Clean People" - I am not sure that the world is ready for that or if I could afford all of the legal … (3 comments)

 
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Rich Kruse

Columbus, OH

More about me…

Gryphon USA, Ltd.

Address: 9387 S. Old State Rd., Columbus, OH , 43035

Office Phone: (614) 885-0020 x 17

Cell Phone: (614) 885-0020

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A lighthearted and informative look at the real estate and asset sale professions. The Gryphon Organization provides real estate, auction and asset management services through a variety of subsidiaries including Gryphon Asset Management and United Country Ohio Realty & Auction Group.


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