by Susanne Novak | Mar 20, 2011 | Buyer Tips
As we enter the spring of 2011 we read a lot about the tough, new lending standards and how hard it is to get a mortgage for your for your home purchase. Minimum down payments have increased and loop-holes that got buyers into homes for sale without any down payment...
by Susanne Novak | Mar 16, 2011 | Buyer Tips
Do you realize that buying a home may have unexpected tax consequences? Most people only think of two when they purchase a house: They will have to pay property taxes, which are typically rolled into their monthly mortgage payment. They can deduct mortgage interest...
by Susanne Novak | Feb 20, 2011 | Buyer Tips
Are we out of the housing recession? According to the Clear Capital Home Data Index (HDI) Columbus is ranked number 5 in a list of cities with increasing home values. The HDI covers the 50 largest cities in the US. It predicts year to year changes of home prices. A...
by Susanne Novak | Feb 6, 2011 | Buyer Tips
House flipping has been the subject of numerous reality TV shows. Real estate investors would make quick cash by buying homes low, fixing them up and selling them for a substantial profit. Sounds pretty easy – right? These shows do not mention, how hard it is...
by Susanne Novak | Dec 11, 2010 | Buyer Tips
If you are like most people, you probably believe that real estate peaked in early 2008 and crashed later that year. That is not correct. At least not in Central Ohio. Actually, 2005 was the best year for home sales in Columbus. During that year more homes sold at a...
by Susanne Novak | Nov 20, 2010 | Buyer Tips
Finally, we arrive at the most exciting part of your home purchase – the closing. That’s when the ownership of a house for sale transfers from the seller to you, the buyer. At the closing all existing liens are paid off and you will sign your new home...