akron homes for sale: Investment Opportunities in Today’s Market - 02/08/10 12:30 AM

Market stimuli for first time home buyers and those who upgrade will be running out by the end of April.  Once these programs end we'll surely see the market fall back into pre-incentive times.
However, investment opportunities do exist for those with the capital to invest and the right plan of action to make their investments work for them.  One such approach that appears to be surfacing in several market areas is in the purchase of distressed homes.  Investors are buying up homes at very low prices with the intent of making minimal repairs and then placing them on the … (1 comments)

akron homes for sale: A Sound Approach to Making Your Investment Work - 02/08/10 12:26 AM

I have written articles related to investors purchasing distressed properties for the purpose of generating a profit in today's market.  The concept sounds good and the income possibilities are positive; providing the approach to this type of investment is sound.
If you are an investor with an interest in purchasing distressed properties it would be wise for you to follow a solid business plan to insure the best return on your investment.  I would suggest the following procedure in making a decision to purchase:
(1)  Involve a Realtor who can identify properties in the market areas you have an interest. … (0 comments)

akron homes for sale: Investment Property - Buyer Beware - 02/08/10 12:21 AM

Recently articles have appeared in the Canton Repository regarding an investor who purchased distressed properties and sold them "sight unseen" to a buyer with dreams of becoming a land lord for several homes in the Canton area.  The press was rather negative with the buyer discovering that the homes he purchased were in poor condition even though they were advertised as having been made livable.  In some cases the city had condemned and demolished some of the problems.
The investor got some bad press in this matter but the lack of common sense also contributed to the buyer's problems.  Making … (1 comments)

akron homes for sale: The University of Akron Zips Ranked No.1 In NCAA Soccer - 11/13/09 11:27 PM

The University of Akron men's soccer team has been one of the most productive programs at the university since its inaugural season in 1955.  No other program has been ranked among the nation's best at the university through its history.  Yes, there have been spurts of greatness at the university among over the years:
John Heisman led the Zip's football team to a 12-6 victory over Ohio State in 1896.
Bob Huggins led the Zip's basketball program to several 20 game win seasons
The men's basketball team played in the NCAA tournament and ran into Earl "the Pearl" Monroe as … (5 comments)

akron homes for sale: The University of Akron Football Program Enters a New Era - 09/12/09 11:44 PM
Infocision Stadium- Summa Field
The University of Akron entered a new era in Akron football on September 12, 2009 when they hosted Morgan State in their home opener in a new stadium.  The new stadium is an "on-campus" facility and a vast improvement over the historic Rubber Bowl which was located some distance away from campus.  The new "on-campus" stadium ought to attract thousands of university students who live in university dorms and off-campus housing giving the football program an opportunity to increase game attendance.
The University of Akron has a long football history dating back over 130 years.  In 1968 … (5 comments)

akron homes for sale: Time is Running Out to Take Advantage of the 8K Tax Credit - 08/28/09 07:16 PM

Time is Running Out to Take Advantage of the 8K Tax Credit
Many "First-Time Home Buyers" have taken advantage of the $8,000.00 tax credit available to them under the American Recovery and Reinvestment Act. 
For many other "First-Time Home Buyers," however, time is running out.  The law requires that a home must be purchased and closed on a principal residence before December 1, 2009.
The Key point to remember is that you must close before December 1, 2009.
 Keep in mind that many transactions take between 45 and 60 days to close.  In order to take advantage of the tax … (2 comments)

 

Jon Wnoroski

Summit County Realtor

Green, OH

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America's 1st Choice RH Realty Co., Inc.

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My blog will include a variety of items including Real Estate Shows for my listings as well as questions and items of interest. There are issues, we encounter on a daily basis and I am interested in getting your feedback to improve my information base and share your thoughts with others in our profession.


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