Homes for sale Cincinnati Ohio

Greater Cincinnati's Real Estate Connection

For Buyers Category

How to Avoid Mortgage Meltdown

filed under: For Buyers posted on April 12th, 2016

Homes for sale Cincinnati Ohio

"Buyer Beware", "Look Before You Leap" and "Don't Get in Over Your Head" are all good ways to avoid mortgage meltdown in today's real estate market. Contact For most of us the most expensive thing most of us will ever pay during our lifetime will be "the mortgage".  And while we spend hours online searching for the best price on cars and for the best deal on a house-it's pretty amazing how uninformed most buyers are about the ins-and-outs of securing a...

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Buyer Beware

filed under: For Buyers posted on March 21st, 2016

Homes for sale Cincinnati Ohio

The first rule of real estate- "buyer beware"!  Home buyers around greater Cincinnati are fairly predictable most of the time.  Their brains are focused on price, # bedrooms and bathrooms, school district (maybe), neighborhoods, age and of course- amenities. HGTV over emphasizes the importance of granite counter tops and stainless steel appliances and bamboo floors.  Maybe they should also point out that buyers  research  additional details too. Rule #1- What you see isn't always what you're buying.  Today's buyers need to look beyond...

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Low Down Payment Mortgages

filed under: For Buyers posted on February 16th, 2016

Homes for sale Cincinnati Ohio

All consumers hear is ..."it's a great time to buy".  However the ongoing shortage of homes on the market in greater Cincinnati continues to discourage potential buyers who think they must have 20% down to buy a home.  Low down payment mortgages area available if you know where to look. Mortgage Options: The VA loan is a no-money-down program available to members of the U.S. military and surviving spouses. It's guaranteed by the U.S. Department of Veteran Affairs and  VA loans are similar...

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The Benefits of a FHA Loan

filed under: For Buyers posted on October 14th, 2015

Homes for sale Cincinnati Ohio

Today's home buyers don't always have enough money saved for a traditional down payment.  For buyers with less than 20% down available the benefits of obtaining a mortgage loan through the Federal Housing Administration makes buying a home affordable. The FHA allows mortgage loans with as little as 3.5% down at today's current mortgage rates. Why Use FHA Mortgage? According to HUD -FHA loans have been helping people become homeowners since 1934. How do they do it? The Federal Housing Administration (FHA) - which is...

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New Regulations on Loan Disclosures Coming in October

filed under: For Buyers posted on August 31st, 2015

(Thanks to Ticor Title for simple explanation) Buyers fasten your seatbelts as the government rolls out new regulations on loan disclosures in October. Are you ready for TILA RESPA Integrated Disclosure rule -TRID!  The newest twist from the CFPB (Consumer Financial Protection Bureau) aims to clear up any buyer misunderstandings about settlement charges. Anytime a new program of this magnitude comes online consumers and their agents should expect some delays in closings. More importantly buyers really need to understand the what it...

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