Buyer Tips
Can Buyers with VA and FHA Loans Compete in Today’s Hot Sellers’ Market?
Some lenders are pulling back from rigorous credit score requirements following the uncertainty caused by the pandemic. This is good news for buyers. Credit scores on government loans have been lowered to 640. Some lenders accept as low as 620 for conventional loans....
New Home Construction is UP despite of Covid-19
New residential construction is booming in Central Ohio, despite of the pandemic. According to the Census Bureau, 16.4% more single family building permits were issued since the beginning of the year than the same period last year. This chart shows the numbers for...
Home Showings Are 2.9% Higher than Before the Lockdown
While businesses are getting ready to slowly re-open, the housing market is already in full recovery as showings are up and buyers are determined to find a new place to call home. We have been tracking home sales during the pandemic on a weekly basis since March. You...
How to Buy a Brand-New Home at a Discount during COVID-19
The Columbus housing market has undoubtedly suffered due to the coronavirus. The economy and the real estate market are changing daily. That's why I decided to create a COVID-19 resource page for home buyers and sellers. Here's the link:...
House Hunting in Times of the Coronavirus
With most public events canceled, schools on extended spring break, and many companies recommending working from home you may be wondering how you should go about house hunting. As COVID-19 is mostly transmitted by personal contact (per the CDC) the best way to avoid...
With Interest Rates at a 50-Year Low Your Affordability is Through the Roof
The Coronavirus is causing widespread concerns about the future of our booming economy. No one knows when it will be contained and what the impact on the housing market will be. Uncertainty, however, creates opportunities for buyers. With last week’s cut in interest...
How to Buy Before You Sell with Bridge Financing
In today's hot seller's market, buyers with home sale contingencies are at a disadvantage. They can't get their offers accepted. Sellers prefer non-contingent contracts because they are more likely to close. If you want to sell your home and need the proceeds of that...
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