Tuesday Open House: West Chester & Mason Ohio Real Estate News – April 3 2012

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Click To Search Homes For Sale In West Chester & Liberty TownshipIt’s Tuesday, so this must be the Tuesday Open House – West Chester & Mason Ohio Real Estate News

What is Tuesday Open House??  Well, it’s clearly not an “open house”. Open Houses don’t sell homes… great internet marketing does… however it makes a really great title for a weekly blog post on West Chester & Mason Ohio Real Estate News.

It is my way of throwing the doors open on the RealEstate-Ink.com blog and offering up a few quick articles and facts on real estate for the West Chester, Liberty Township, Beckett Ridge, Mason and Fairfield Township, Ohio areas. It is not intended to be all about homes for sale, but it will be about that some of the time…

This Month In Real Estate - Keller Williams - April 2012
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This Month In Real Estate Video  :: This Month In Real Estate brought to you by Keller Williams Realty discusses the benefits of a initial homebuyer consultation.  When you are ready to begin your home search The Lowry Team has two great buyer specialists to assist you.  Lisa Tesmer and Laura Koether are both experienced real estate agents with The Lowry Team  that work as Buyer Specialists and both are ready to assist you.  They are your “go to” resources for homebuying in today’s real estate market!

Housing Hype – Recovery or Relapse?  :: This article on the housing market that was published on CNBC.com this past week brings out some good points.  Are we experiencing a housing recovery or are we starting to see the beginnings of a relapse.  I am finishing up my research on this topic specific to the local West Chester, Liberty Township and Mason real estate markets.  Watch for my article on this topic coming very soon.  In the mean time you can read the CNBC article here:  http://www.cnbc.com/id/46855457

Home-a-Rama 2012 in Cincinnati :: This is the time of year when interest in the Home-a-Rama home show in Cincinnati begins to pick up.  This year’s Home-a-rama is being held in Willows Bend subdivision in Miami Township.  You can read my previous blog post about the announcement of Home-a-Rama here  Interested in homes for sale in Willows Bend?   You can find them right on our website: LowryTeam.com Willows Bend Homes For Sale

Are You On Facebook? :: Each week we recognize a facebook page that we think is relevant, fun or important.  This week our Facebook Page Of The Week is…  The Cincinnati Reds – It is opening day in just two more days.  Visit them and “Like” their page:  http://www.facebook.com/Reds  As of this writing they have 520,573 fans!!   You can also connect with us on Facebook at http://www.Facebook.com/LowryTeamRealEstate

Listing Your West Chester OH Home For Sale

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Listing Your West Chester OH Home For Sale

Thinking of selling your West Chester, Liberty Township or Mason Ohio home?

The Spring Real Estate Market Is Here

The best time to sell your home in 2012 is right now.  We are heading into the spring market and home sales will be at their highest levels for the next four months.  Both local homebuyers as well as the relocation buyers begin their home search process at this time of year so as to time the end of school year for their move.  Interested in learning how to prepare your home for sale? We are happy to help.  We can do a no obligation walk thru of your home with you to advise you on strategies that can get your home sold quickly for the highest possible price.

Wondering if your home will even sell?  A lot of people are asking that question.  Our answer… Who Says Homes Aren’t Selling??

Interested in learning the current market value of  your home?  Learn your home’s value here.

Ready to List?  Call or text Eric Lowry at 513-368-3751 or just fill in the contact form below and we will respond as quickly as we can!

West Chester & Mason Ohio Homebuyers To Face Higher FHA Mortgage Insurance Costs

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West Chester & Mason Ohio Homebuyers To Face Higher FHA Mortgage Insurance Costs

Mortgages & Interest Rates In West Chester & Mason OhioHomebuying is about to get quite a bit more expensive for many home buyers in West Chester & Mason Ohio, not just first time homebuyers.  No, interest rates are not on the rise (yet).  It’s the cost of mortgage insurance that is going up.  The Federal Housing Administration (FHA) which backs mortgages that allow for smaller down payments has announced that it is increasing the cost on two types of fees that homebuyers must pay.

The increase in the mortgage insurance costs is two fold for FHA backed mortgages.  (1)  the FHA has announced that it will increase it’s annual mortgage insurance premium by .10 of a percentage point for loans under $625,000, which will now cost 1.25% of the loan amount.  This increase takes effect on April 1st.  (2) the second fee being raised is the upfront mortgage premium.  It is being raised by .75 of a percentage point, making the premium 1.75% of the loan amount.  This fee is often rolled into the mortgage.

Moral of the story… you may want to get a home under contract to purchase and a mortgage loan application submitted before April 1st if you would like to avoid these higher costs of obtaining a mortgage.  All of this assumes of course that you are obtaining an FHA backed mortgage.  If you are using a conventional mortgage to buy a home this increase does not effect you.

West Chester & Mason Ohio Real Estate: This Month In Real Estate – March 2012

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West Chester & Mason Ohio Real Estate: This Month In Real Estate – March 2012

 

This Month In Real Estate for West Chester, Liberty Township and Mason Ohio real estate covers getting your home sold sooner than the competition and today’s continuing low interest rates.

Interest mortgage rates continue to hover in the range of 4.00% providing for great opportunity to lock in interest rates on the purchase of a home, that may not present themselves again for many, many years.

Getting your home sold a month sooner than the competition.  Home owners that priced their home based on their agent’s recommendation of a list price sell almost twice as fast and for more money than their competition.  As for the strategy of starting high with the price…  Yes, the buyers can always amke an offer, you just need to make sure it’s on your home.

Appealing Your Butler County Ohio Property Tax Bill

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Appealing Your Butler County Ohio Property Tax Bill

Home Values In Butler County & West Chester OhioSo your property tax bill comes in the mail in January 2012 and you totally disagree with the valuation that has been given to your home.  What can you do?

You can appeal your property tax value, present a case to the county review board and try to get the value changed.  When you appeal your property tax bill one of three things can happen:

1.  You get a decrease in your tax valuation, which results in a decrease in your property taxes.

2.  The value is found to be accurate and does not change – your taxes stay the same too.

3.  Your property tax valuation increases as a result of your hearing, which results in an increase in your property taxes.

So, why would you appeal?  The only reason to appeal your property tax bill is to prove that the Butler County Auditor’s value exceeds the market value.  It is important to note here that the value indicated on your tax bill will be the value as established on January 1st, 2011.  You are going to be trying to prove a revised value for January 1st, 2011.  You are not trying to establish what today’s market value of your home is.

>> Would you like to see what homes are selling for in your neighborhood? Find Out Here <<

**Important note:  The deadline each year to file an appeal of your Butler County Ohio property tax bill is March 31st.  In 2012, March 31st is a Saturday, which may push the deadline to April 2, 2012.  Be sure to verify this with the Butler County officials.

Other related articles that might interest you:

Butler County Ohio Property Tax Values

LowryTeam.com Real Estate Trends Report – December 2011

Do you have additional questions about the property taxes on your home or your home’s value.  Use the form below to contact us.  We will reply as quickly as possible.

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    Butler County Ohio Property Tax Values

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    Butler County Ohio Property Tax Values

    Butler County Ohio Property Tax RecordsYou haven’t seen your Butler County Ohio property tax bill yet for 2012, but when you do, the total value of your property will likely have changed.  This property tax bill, commonly called the “January Bill” will reflect new property values for tax purposes.

    So, if your tax value is changing, does that mean that the values are going down?  The real estate market has gone down, right?  The truth is, your property value may go up or down (or even stay the same) depending on a number of factors including but not limited to a recent sale of the property and certainly depending on what the assessed tax value was previously.

    Did you know that you can appeal the value that is established by Butler County for your property tax bill?  The deadline to file such appeal is March 31, 2012.  Why would you appeal this assessed property value?  I’ll answer that in my next blog post, so be sure to check back.

    Interested in seeing what homes in your neighborhood are selling for?  Visit our website: www.HomeValuesInCincy.com for your very own real estate market update – It’s Automated and It’s Free!

    Do you have questions about your property value that we can help answer.  Fill out the form below and we will get back to you as quickly as we can.

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