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West Chester & Liberty Township OH Real Estate: Tuesday Open House – April 5th, 2011

April 5, 2011 by Eric Lowry Leave a Comment

Search Homes For Sale In West Chester OhioIt’s Tuesday, so this must be the Tuesday Open House.

What is Tuesday Open House?? Well, it’s clearly not an “open house”. Open Houses don’t sell homes… good internet marketing does… but it seemed like a good title for this weekly blog post.

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…

Preparing your home for sale

 

Need Mulch? If you are preparing your home to get it on the market for sale soon,  don’t forget the curb appeal. As the old saying goes… you only get one chance to make a good first impression. So clean up the landscaping and get yourself some fresh mulch. I’m not sure that there is a better way to go than to get it from the boy scouts. They even deliver! You can just go directly to the boy scouts site right here. My mulch is being delivered in just a couple of weeks…anyone like to help??

Search Bank Owned Homes & Short Sale Properties

 

Searching For Bank Owned or Short Sale Homes For Sale?  You can search for bank owned homes for sale as well as short properties using our real estate search tool:  LowryTeam.com You can create your own search criteria, save your searches, get alerts of newly listed homes for sale and much more!

Beckett Ridge Ohio Real Estate

 

Beckett Ridge Community Garage Sale:  The Beckett Ridge community garage sale is scheduled for Saturday, May 14th, 2011 from 8:00am – 4:00pm.  The Beckett Ridge Homeowners Association will run ads in the local newspapers.  You can find more information regarding the Beckett Ridge garage sale and the homeowners association on the Beckett Ridge Homeowners Association website: http://www.beckett-ridge.org/

Lowry Team Real Estate on FacebookOur facebook fan page of the week is: West Chester Township It is a brand new page on Facebook for West Chester Township!  You can find information on events and news going on in our township.  As of this writing their page very few friends, so I ask that you visit their fan page, become a fan and invite your facebook friends to do the same.

While you are on facebook checking out West Chester Township, please visit and become a fan of our facebook page: www.Facebook.com/LowryTeamRealEstate

What is my home worth? Want to get a good idea of what your home is worth… Get your own Personal Real Estate Market Update

Searching for homes for sale?  Search all of the homes for sale in West Chester, Beckett Ridge, Liberty Township, Mason or Monroe Ohio… Search The MLS

 

Filed Under: Eric Lowry's Articles, Just For Fun, Real Estate Information, Real Estate News, Short Sale / Foreclosure, West Chester Community Info Tagged With: Bank Owned Homes, Beckett Ridge Real Estate, Buying Short Sales, Cincinnati, Eric Lowry, Keller Williams Realty, Liberty Township Ohio Short Sale, Liberty Township Real Estate, LowryTeam.com, Ohio, preparing your home for sale, Preparing Your Home For The Market, Search Homes For Sale, Search The MLS, Top Real Estate Agent, Top Selling Realtor, Tuesday Open House, VIPHomeFinder.com, West Chester Ohio Short Sales, West Chester Real Estate

West Chester & Liberty Township OH Real Estate: Is a short sale or foreclosure the right deal for you?

June 2, 2010 by Eric Lowry Leave a Comment

Is a short sale or foreclosure the right deal for you?

With the first-time homebuyer tax credit deadline having come and gone, you may be asking yourself, “What now?” Fortunately, the door is now open to a new wave of savings: distressed properties.

For many buyers, the term foreclosure brings up images of run-down homes with no heat and rotting wood. While this is still the case for some homes, it’s no longer the standard. In fact, first time buyers are snatching up distressed deals in decent condition for great prices. 

According to a November 2009 Keller Williams Research Buying Distressed Properties Survey, 40 percent of all buyers for bank-owned foreclosures (REOs) were first-time buyers in 2009. 50 percent of all short sale buyers were first-time buyers.

By definition, a distressed property is one that was purchased with a loan and the homeowner is no longer able to make their mortgage payment resulting in foreclosure – or if they’re lucky a short sale – meaning they owe more on the home than it’s currently worth. With a 20 percent increase in foreclosures from 2009, distressed properties still remain a large portion of home sales and are going to continue well into 2010 as homeowners continue to feel the effects of an economy on the mend.

If you’re in the market looking for a home in West Chester or Liberty Township, Ohio and are prepared for a unique transaction, a short sale or foreclosure property for sale can be a great option. Here’s why:

Prices are low – Buying a foreclosed (bank owned) property is an excellent way to get a home for less. Research shows you can save 10-40 percent over the price of similar properties in a traditional sale.

Mortgage costs are low – With rates hovering near historic lows, financing costs to are favorable. Keep in mind, rates are always changing. It’s important to begin the pre-approval process so that you know how much you can realistically afford.

You have options – The number of homes in some stage of the foreclosure process still remains high. RealtyTrac, a site dedicated to tracking foreclosures across the country, estimates that there are approximately 2.1 million homes in some stage of foreclosure in the United States.

Sellers and lenders are motivated – According to data from RealtyTrac, in April, one in every 387 households in the country has received a foreclosure filing. The bottom line is that many sellers are still feeling the pain of a down economy and are anxious to out get from under a home that is putting stress on their current financial frustrations. While it is still an emotional transaction, these sellers are willing to come down on price or even consider concessions such as helping out on closing costs. Banks holding on to large portfolios of Real Estate Owned (REO) properties want to unload quickly – and price these home to sell.

Your best ally when purchasing a short sale or foreclosure property is an expert. Always have a professional REALTOR® by your side to help you make informative decisions.

For more information about short sales and foreclosures in the West Chester, Liberty Township, Beckett Ridge and Mason Ohio areas call me or email me.  We are happy to help!

Thinking of buying a home in West Chester, Beckett Ridge or Liberty Township, Fairfield Township, Monroe or Mason Ohio?

Search the entire MLS database of homes for sale here!

 Wondering what your home is worth in today’s real estate market? Request a market analysis here!

Visit My YouTube channel at: www.youtube.com/LowryTeam

Check Out My Feature Homes For Sale In West Chester, Fairfield and Liberty Township, Ohio

Filed Under: Beckett Ridge Homes For Sale, Buyers, Eric Lowry's Articles, Fairfield Township Homes For Sale, Financing, First-time Homebuyer, Liberty Township Ohio Homes For Sale, Market Update, Real Estate Information, Real Estate News, Short Sale / Foreclosure, Tax Credit, West Chester Ohio Homes For Sale Tagged With: Bank Owned Homes, Beckett Ridge Realtor, Buying Foreclosures, Buying Short Sales, Eric Lowry, Eric's Hassle Free Listing, Foreclosures, Homes For Sale, Interest Rates, Keller Williams Realty, Liberty Township Ohio Short Sale, List of foreclosures, LowryTeam.com, Market Value Of My Home, Mortgages, Search Homes For Sale, Top Selling Realtor, West Chester Ohio Short Sales

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