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DOES A LOCAL TITLE COMPANY CLOSE YOUR LOCAL REO SALES? - 12/28/10 06:20 PM
I send this out to REO agents in Clintonville and Central Ohio to see if they are happy with the situation of out of town title companies closing the REO sales. I got a good response so I thought I would post this out to REO agents in active rain. When we close a home , it is a major hassle when a title company from out of town does all the paper work
What's your opinion??? I am asking you this because I know you do a good amount of REO business on the listing side. It would seem to (4 comments)
Union Cemetary buys dead nursery to adds 2 acres north of Ackerman - 12/27/10 02:11 PM
Operators of Union Cemetery, between Ohio State University and Riverside Methodist Hospital, now have a bit more room for burying the dead. Records show the Union Cemetery Association this month bought the former Boulevard Gardens nursery at 3050 Olentangy River Rd for 1.3 million. The 1.9 acre property north of Ackermn Road served tree and shrub buisness from 1954 until it closed in 2008. Union Cemetery dates to 1847, though a family member of Northwest Territory pioneer Balser Hess was buried there as early as 1806, according to the cemeter's website. The association was formed in 1878, nearl three decades after the (0 comments)
REPORT: Fewer Workers being laid off, fewer people applied for benefits. - 12/27/10 01:33 PM
Economic reporting disclosed last week suggest employers are laing off fewer workers, buisnesses are ordering more computers and appliances, and consumers are spending with more confidence. The latest data confirms that the economy is improving, even though too few jobs are being created to lower the 9.8 percent unemployment rate. The number of eople seeking benefits edged down by 3,000 to a seasonally adjusted 420,000, the Labor Department said Thursday. That was the second drop in three weeks. Weelky unemployment application at around 425,000 signal modest job growth. But economists say applications would need to dip consistently to 375,000 or below (4 comments)
HAVE YOU HEARD OF OR USED ROBOFORM? - 12/24/10 12:37 PM
I read about this in PC world. it sets up a master password then allows you to enter into you password protected sites without typing in user name and password. Maybe a way to help us from forgetting all those passwords!
Go to www.robofrom.com/PCW to check it out (4 comments)
Home-sales slide means no rebound in '10 in Central Ohio and Clintonville. - 12/23/10 01:33 PM
Any remaining homes for a central Ohio real-estate upsurge this year were dashed by figures released yesterday, showing a continued drop in sales. The number of homes sold in central Ohio fell 27.9 percent in November compared with a year ago, when the market was fueled by a federal home-buying tac incentive. The figures, coupled with the number of homes now in contract, virtually ensure that central Ohio home sales will fall below the level of last year, which was the slowest year since 2000. Through November, 18,216 homes has been sold this year in central Ohio, compared with 18,771 during (1 comments)
Thanks for sharing this infomration with us This is a great read and I will need to dig it out to read again. Sometimes we do need to quit somthing that simply is not working any more Via Sam Miller (RE/MAX Stars Realty): This is the time of year when many of us in the real estate profession look back on our year and evaluate our successes and our failures. The real estate industry has experienced monumental changes during the past 5 years ranging from the financial meltdown, bail outs, home buyer tax credits, short sales, massive foreclosures, appraisal challenges, tighter lending guidelines (3 comments)
CLINTONVILLE OHIO WHITE CASTLE CLOSING CHRISTMAS EVE AT 6:00 PM! - 12/22/10 05:22 PM
White Castle, the porcelain palace of the fast food industry, is closing it's Clintonville restaurant. Line up Christmas eve by 6:00 pm to get your last slider at this location at Arcadia and High, right on the boundary of Clintonville and the University District.
This location is one of the 8 original White Castles built in Columbus in 1929 The store was remolded in the late 1980's. No more aqua nastys or double sliders at this hallowed site..... Many a hungry soul have eaten here.
WORTHINGTON MALL'S NEW OWNER READY TO MAKE SOME HUGE CHANGES! - 12/21/10 03:10 PM
Renovations will begin soon on this nearly 40 year old mall in Worthington Ohio. The Worthington City council voted to support a tax increment financing plan (TIF) that would help aid in the renovation of the mall. The new owners plan to invest approx $10 Million in the project.
This well situated Mall has experienced high vacancies over the past decade due to poor management and the construction of the nearby Polaris mall.
***Home construction up after 2 months of decline nationally*** - 12/20/10 04:07 PM
The amount of new construction homes has climbed up in November after almost 2 months of declines. Builders broke ground last month on a seasonally adjusted 555,000 units, a 3.9 percent rise from October, the Commerce Department reported Thursday. Even with the gain, housing starts are merely 16 percent above the 477,000 unit trend from April 2009; the lowest point on records dating back to 1959. They are down 76 percent from their peak in January 2006, and 45 percent under the 1 million annual rate that analysis say is consistent with a healthy housing market.
***Number of homes taken back by lenders falls to 18 month low*** - 12/20/10 04:01 PM
The amount of U.S. homes foreclosed on by lenders dropped to the lowest level in 18 months in November, the result of foreclosure freezes enacted by several banks following allegations that evictions were handled improperly. Home repossessions dropped 28 percent from October and 12 percent from November last year, foreclosure listing form RealtyTrac Inc. said Thursday.
===>Mortgage Application Slide Last Week<=== - 12/20/10 03:56 PM
Applications for mortgages fell last week as higher mortgage rates chased borrowers away. The Mortgage Bankers Association said Wednesday overall applications for loans declined 2.3 percent from the previous week. Refinance applications alipped 0.7 percent, while purchase applications dropped 5 percent from the previous week.
WORTHINGTON OHIO 4 BEDROOM BANK OWNED HOME $186,900 - 12/20/10 03:39 PM
4 level split , built in 1976 Columbus Taxes, Worthington schools Next subdivision has new builds that sell for $300,000+ Needs a little TLC, but a good value for $186,900. Close tot he Olentangy bikepath and Worthington mall. Wrap it up for Chirstmas!!!! Worthinview subdivision, just listed 12/20/2010
A CHIRSTMAS GREETING TO MY FRIENDS ON ACTIVE RAIN AND IN CLINTONVILLE OHIO! - 12/20/10 10:18 AM
This is a advent litany written by Garth House , a Clintonville native and graduate of Whestone High school class of 1970. Garth has written many litanies and this one was used in service Sunday December 19 at University Baptist Church in the University District. I have Garth's permission to post his litany
The cottonwoods have surrendered their fragile leaves to the cold breath of December. They lift their barren branches toward wind-polished starts that gaze down in eternal benediction on the world God has visited. The one who dwells in the bosom of God's heart still longs to descend (0 comments)
Thanks Brad! Via Brad Andersohn (Industry Outreach Manager - Zillow.com): ActiveRain Members and RainMakers - Do You Need Help? I'm looking for AR members who feel they need some training and coaching. There are many great trainers and classes/coaching offered out there, but they might NOT be what you're looking for and what you REALLY NEED. Are You Serious? Are you Ready? What are your questions or concerns about Social Media, networking online, or Blogging on this massive (1 comments)
===>Foreclosures thin ranks of underwater borrowers in Central Ohio and Clintonville<=== - 12/17/10 12:29 PM
The homeownership rate could fall below 60 percent if homeowners who are deeply underwater end up losing their homes, a new report from mortgage data aggregator CoreLogic suggests. Some 10.78 million homeowners were "underwater" during the 3Q, meaning they owned more on their mortgages that their homes were worth. About 22.5 percent of all homeowners with mortgages had negative equity. That's a slight decline from the 10.97 million homeowners who CoreLogic estimates were underwater in the 2Q, but the improvement was driven primarily by foreclosures rather than rising home values. So far this year, the ranks of underwater homeowners have thinned (1 comments)
CLINTONVILLE CHRISTMAS TREE LIGHTING SUNDAY DECEMBER 19TH 7:00 PM - 12/17/10 08:24 AM
Come out of your home and attend this tree lighting at Whetstone park shelter house in Clintonville this Sunday 12/19. Refreshments provided by Crimson cup and Mozart's and a special appearance by Santa! It should be a great time for Clintonviile, with music at 7;30 by the Clintonville Community Choir!
Have You Asked For Your Endorsements Yet? - 12/16/10 08:26 AM
Brad brings up a good point on his post. Zillow continues to move up in public popularity as a home search engine. Have you gotten any business recently from Zillow? Via Brad Andersohn (Industry Outreach Manager - Zillow.com): We recently launched our new agent reviews and endorsements feature on Zillow and many agents have come out of the gate fast and hard. Thousands of agents have already requested reviews from past and current clients. The result? Many Hundreds of agents are getting 5-star ratings tacked onto their profiles.Compare these two profiles on Zillow:a. An agent with no reviews...
I srtill have seen a spike in foreclosures in Clintonville on many homes that will come up for sheriffs sale in 2011.
===>Home Value$ to drop by $1.7 trillion this year<=== - 12/15/10 03:39 PM
This year has not been king to U.S. homes values. Homes are expected to lose $1.7 trillion in value this year, almost 63 precent more than they lost last year according to a report by online real estate site Zillow. The second hald of 2010 will account for the bulk of the loss, $1 trillion, compared with $680 billion from Janruary to June, Zillow reported. "Government interventions like the homebuyer tax credit helped buoy the market during the second half of 2009 and the first half of 2010, bue we say a renwed downturn in the last half of this year," (1 comments)
===>Foreclosures made up 25 percent of U.S. home sales in 3Q<=== - 12/13/10 02:23 PM
The worst summer for home sales in decades also put a chill on foreclosure sales, even as the average discounts on the distressed properties got bigger compared with other types of homes. Foreclosure sales plummeted 25 percent in the July-September quarter from the April-June period. A whopping 31 percent from the the 3Q last year. Sales of non-forclosed properties fell 29 percent sequentially and nearly 31 pecent from last year. Tha fallout over foreclosure processing errors that prompted some lenders to temporarily hald sales of bank-owned homes wasn't a significant factor in the sharp third quarter drop in foreclosure sales. As (4 comments)
===>Central Ohio Market Report November 2010<=== - 12/13/10 12:44 PM
In November 2010, the average sale price was for a 3 bedroom, 1 bathroom, 1931 sq ft home was $169,943, about a $20,000 increase from 2009 ($149,571). The DOM saw a slight increase to 96 days on market, whereas in 2009 it was 89. Visit The Jackson Team website to start your search for central Ohio homes today!
===>Clintonville Ohio Market Report November 2010<=== - 12/13/10 12:33 PM
This past month in Clintonville, Ohio, and average sale price for a 3 bedroom 1 bathroom, 1,500 sq ft home sold for $198,373. This is up almost $20,000 from November 2009 which had an average of $174,194. DOM saw a decrease in time that Clintonville homes were on the market. In November 2009, the high was 344 whereas in 2010 it was 147; which is less than half of the time! Maybe its time to search for a Clintonville home as your next life venture!
SNOW AND ICE VISIT CLINTONVILLE, WORTHINGTON AND COLUMBUS OHIO! - 12/13/10 12:31 PM
As I left my home this morning, I shoveled the driveway for the 3RD time this weekend. Ice on the windshields and under the snow made it a fun way to start out the work week! Many local schools had a 1 or 2 hour delay and some of the more rural schools canceled classes. Most schools in Clintonville, Worthington and Columbus had classes as normal, so the students did NOT get to stay home!
What's the weather like in your neighborhood? (0 comments)
"Potential" Does it sell a house in today's real estate market? - 12/12/10 04:34 PM
Ginger makes a good point in this recent post. Potential only sells in my market if the home is priced WAY below the market value. Most home buyers will not buy on potential unless the price to repair is much less than the price is under market Via Ginger Foust-Home Stager Oakhurst CA Dream Interior Redesign & Staging Calif (Dream Interior Redesign & Staging Oakhurst CA): Potential...... Does it sell a house in today's real estate market? In my opinion is does not, but I'm looking for other opinions, in agreement or not. When I started flipping houses over 35 years ago, determining the "potential" (2 comments)
Apple Valley Lake Waterfront Homes - 12/09/10 05:48 AM
Sam does a good job on his post presenting multiple listings in the same subdivision Apple Valley offers a great life style at an affordable price Via Sam Miller (RE/MAX Stars Realty): Apple Valley Lakefront and Waterfront Homes at the Apple Valley Lake ranging in price from $189,900 to $299,900. The locations range from a semi private wooded cove between Green Valley Drive and Greenacre Circle or between Baldwin Drive and Crabapple Drive within walking distance of Sutton Beach.
Offered by Sam Miller of REMAX Stars Realty (740) 397-7800 Knox County Ohio Real Estate (0 comments)
THE JACKSON TEAM JUST CLOSED ITS 100TH SALE IN 2010! - 12/06/10 03:35 PM
We helped buyers and sellers in Powell, Clintonville, Northland, Upper Arlington, Worthington, University district and Southern Delaware County buy or sell a home in 2010. We still have a few more sellers and buyers that will close in 201 It was a great expierence helping this many foks in 2010!
Exclusive Bank of America, Harris Real Estate University Event | BoA Short Sale and REO Training - 12/04/10 10:08 AM
This should be an excellent opportuinty to learn more about the ever changing short sale process! Be informed and educated.Short sales are here for quite a while Via Tim and Julie Harris (Harris Real Estate University): Hello, Urgent breaking news…you want to read this asap… ….BIG new that effects you…. Bank of America and Harris Real Estate University are providing a free training event this Friday. During the exclusive event you will hear directly from the Executive that oversees the Short Sale and REO departments for Bank Of America. Go here now for all the info you need to attend this exclusive event: Bank (0 comments)
I'm Trusting my GUT on this One!!! Tis the SEASON to TRUST my GUT! - 12/03/10 10:26 PM
This is a great post to remind us all to listed to our inner voice or our gut instincts! Thaanks for sharing your wisdom with all of us! Via Wallace S. Gibson CPM * GRI (Gibson Management Group, Ltd.): Most property managers and landlords will agree that the TENANT SELECTION is the MOST IMPORTANT part of their job. Good screening means a good application form, income and prior residence criteria guidelines and their GUT FEELING. As long as their GUT FEELING does not involve a violation of their local, state or federal fair housing statutes, this is OFTEN the most important part of (4 comments)
Knox County Ohio Acreage - 12/03/10 03:29 AM
Wow what a great looking piece of property! i am looking for 500+ acres in Central Ohio so if anyone has something let me know! Have a great week Via Sam Miller (RE/MAX Stars Realty): Over 50 acres of gorgeous land in Eastern Knox County Ohio and located on a solid surface road with frontage on Millwood Road and Hill Road. This property includes tillable acreage, wonderful country views and mature woods that are ready to be harvested for timber. The current timber value is estimated at $57,000 and with all the road frontage this is a VERY desirable parcel of land. $260,000. Additional (1 comments)
Apple Valley Lake Lots and Building Sites - 12/02/10 06:19 PM
What a great value on lots near the water. No wonder everyone who buys there loves to be on the lake! A great buy in Mid Ohio! Via Sam Miller (RE/MAX Stars Realty): I have been selling real estate in Knox County Ohio for 25 years and it is still difficult for me to believe that you can purchase an Apple Valley lot with public utilities for as low at $3,500 with lake and amenity access to the Apple Valley Lake. Currently I have dozens of Apple Valley lots for sale that range in price from $3,500 to $235,000. If you would like to (0 comments)
===>New Ohio Program to Assist Buyers of New Homes<=== - 12/02/10 12:39 PM
The Ohio Housing Finance Agency is launching the New Home Sweet Home Program, which allows homebuyers to obtain a conditional loan reservation to lock their mortgage interest rates during new-home construction. The New Home Sweet Home Program is an extended lock option to Homebuyers who purchase a new home and want to use Ohio Housing Finance Agency's first-time homebuyer programs.
By allowing for a conditional loan reservation, a lender can offer a rate lock for up to 180 days while a builder completes the construction of the home. The interest rate at the time of reservation will be set at (2 comments)
Mortgage Rates Rapidly Rising On Jobs Data; More Risk Ahead For Friday - 12/02/10 09:09 AM
This is a message we all should be passing on to our buyers who are sitting on the fence waiting for rates to go lower. a 1% increase in rates can increase your payment by 10% Via Shannon Odom (Northeast Bank): Mortgage rates are rising, up nearly 1 percent since mid-October. Tomorrow, rates could rise again. The Bureau of Labor Statistics releases the November jobs report at 8:30 A.M. ET Friday. With a stronger-than-expected reading, mortgage rates should continue their climb, harming home affordability across Maine and nationwide. And already, Wall Street is bracing for big results. Here’s why. Wednesday, payroll processor ADP (0 comments)
ITS TIME TO BUY A CHRISTMAS TREE FOR YOUR WORTHINGTON OR CLINTONVILLE OHIO HOME! - 12/02/10 07:59 AM
Now is a great time to get a freshly cut Christmas tree for your Worthington or Clintonville Ohio home! Many folks use an artificial tree, but if you want a real tree, this weekend would be a great time to get one! One great place is the tree lot on High street and Westview, just north of Graceland shopping center and south of Worthington. Their trees just arrived a few days ago and they are open for business!
We had had some cold temperatures and yesterday it rained and rained but it was in the 50's. Not today! The thermometer did not climb out of the 30's and we had a dusting of snow in Columbus, Worthington and Clintonville. When I left home this morning it was all frosty out side! Will Christmas be near? (3 comments)
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