by Susanne Novak | Jan 22, 2017 | Market Updates
House flipping is gaining in popularity again. An increasing number of property investors wants to get back in the market to capitalize on the very limited supply of homes for sale and a strong demand from buyers. Reality shows on channels like HGTV have contributed...
by Susanne Novak | Nov 2, 2014 | Market Updates
If you were hoping to find a good deal buying a HUD home, a bank-owned (REO) or even a Short Sale in Franklin County, you are out of luck. Distress Sales have decreased by 40.8% in the 3rd quarter of 2014, as compared to a year ago. It appears we have finally overcome...
by Susanne Novak | Oct 29, 2011 | Market Updates
Five years ago most home buyers never heard the term “short-sale”. Now it has become a household name. Columbus homes listed as short-sales may be excellent deals and can often be purchased below market value. When a home is offered as a short-sale, the...
by Susanne Novak | Mar 25, 2010 | Neighborhoods
You probably heard it in the news. A large percentage of Columbus OH homes for sale are listed as short sales. Usually, this means that the seller is behind in mortgage payments and may be facing foreclosure. Short sales take a long time, and they may not be the best...
by Susanne Novak | Feb 16, 2010 | Buyer Tips
Foreclosures are common place in today’s real estate market. Just look at the Columbus MLS and you will see that out of the 14,766 Columbus OH homes for sale a full 10% (1,476) are listed as foreclosures. Foreclosures range from $1 million properties in Dublin...