Tag Archives: first time home buyer
How the Qualified Residential Mortgage Legislation will impact Cincinnati Real Estate
In the aftermath of the residential mortgage crisis legislation was introduced to encourage and require lending institutions to to change the way they lend on residential properties. Within the Dodd-Frank Legislation there is a provision that requires banks to keep … Continue reading
First Time Home Buyer Experience
First Time Home Buyers I work with a lot of first time home buyers and understand all of the emotions that they experience through the entire process. I see the joy and the frustration both as they navigate through things … Continue reading
New Mortgage Applications are Down to a 13 Year Low
Applications for primary home mortgages are down to level not seen since May 1997. The Mortgage Bankers Association, the trade group for mortgage bankers, is attributing this to the expiration of the federal tax credit and overall slow economic revival. … Continue reading
First Time Home Buyer Tax Credit Impacts Winter Real Estate Market
here has been a lot of talk recently about the impact of the Federal First Time Home Buyer tax credit. The newspapers, the talk shows, the blogs, and the radio dj’s have all been talking about how important it is. … Continue reading
Ohio Association of Realtors Features 2009 Home Sales
The Ohio Association of Realtors features the 2009 home sales in their monthly publication. The below graphic shows a state wide look at sales volumes and price changes in specific regions of the state. The good news is that here … Continue reading
Real Estate Grants For Recent Ohio Graduates
The Ohio Housing Financing Agency is currently offering an additional 2.5% financial assistance grant to Ohio College graduates! This is on top of the $8,000 Federal First Time Home Buyer Tax credit. Recent college graduates (within 18 months), including those … Continue reading
Case-Shiller Market report and our Cincinnati Real Estate Market
Yesterday the Case-Shiller home price index came out, and it had some positive numbers. The C-S index looks at 20 major metropolitan real estate markets and watches the change in home sale prices on a monthly basis. The index provides … Continue reading
Selling a Home In Cincinnati: August Report
The Cincinnati Area Board of Realtors recently issued their monthly report. The news is pretty much what we all in the real estate field expected. Prices are still slightly depressed, but home sale volume is slightly better than last year. … Continue reading
Cincinnati Real Estate: First Time Home Buyer Tax Credit Deadline
The deadline for the First Time Home Buyer tax Credit is quickly approaching. The language of the legislation reads that the homes must be closed by November 30th, and many home buyers are not aware of the time it takes … Continue reading
Unlocking the Mystery of the Credit Score
Credit is an important factor in having the ability to obtain a mortgage or other loan for a big ticket item. To most people how a “credit score” is determined is a mystery. Most people do not know what their … Continue reading
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