Tips for First Time Home Buyers in Cincinnati, Ohio As a first time home buyer, you are probably looking for some clues in how you go about making this purchase as smoothly as possible while getting the home of your dreams. There are many things that go into buying a home and every first time buyer should take them into consideration. Here are some tips for first time home buyers in Cincinnati, Ohio. In a market where homes are lasting a mere...
A good motto for the current greater Cincinnati real estate market might be "You Snooze-You Lose!" Lots of sales, not many new real estate listings in Cincinnati Ohio for sale and a hoard of buyers all looking at "new on market" has created the perfect storm in the local real estate market. The 24-Hour Market Watch (courtesy of CincyMLS) shows 101 residential properties "went pending" with median number of days on the market of 27/35 (27 days for current listing and...
Today's buyers want agents to "Tweet Me", Text Me, "Like Me", "Friend Me", "Linkedin" "Google +" but don't #$%#@$% me! Buyers looking at Cincinnati homes for sale enjoy using the latest technology available today. Chances are good if they drive by an interesting property- their agent, listing agent, some agent (or all of them) could receive a txt msg, "Tweet" or "FB msg" asking to see property. Hopefully they have sent the right address and didn't hit anything while driving and...
OHFA, the Ohio Housing Finance Agency's First Time Home Buyer Program, continues to support some of the greater Cincinnati housing sales. If the information below is not detailed enough or if you are considering buying or selling your house or condo- call for detailed market analysis. Or Subscribe.cincinnati homes for sale Many first time home buyers in greater Cincinnati don't realize OHFA has money targeted for areas in all 4 counties. If you need more details about specific cities, villages or areas...
A government created agency known at "Consumer Federal Protection Bureau" (aptly shortened to CFPB) finalized the "Ability-to-Repay" rule which requires lenders to obtain and verify information detailing the consumer's ability to afford and repay the mortgage. And like any program focused on helping consumers- and in this case-home buyers in greater Cincinnati, it will impact both borrowers and lenders. In an attempt to fix past problems the CFPB says the new rules focus on three main areas: Borrowers must provide financial information, and...
