Tagged : buying a home

Found 32 blog entries tagged as "buying a home".

Mason, Ohio Real Estate Negotiations: Beyond Game Theory

Game theory only sounds like it has something to do with how to win in some weekend sports outing or family board game. It's a seriously studied logical field that mathematicians delve into. Interestingly, when you study how to develop successful negotiation tactics — Mason, Ohio real estate negotiations included—you can look at them via game theory.

There is a problem, though. The further you get into the subject, the more it tends to become more and more abstract. Unless you are someone who looks forward to curling up by a roaring fire with a favorite math textbook, you won’t get very far into game theory before your eyes will begin to glaze over.

mason ohio real estate

In real life, Mason, Ohio real estate

1,345 Views, 0 Comments

Cincinnati Mortgage Rate Jitters Needn’t Spur Hasty Decisions

Mortgage rates in Cincinnati remained mostly steady this past month, at least partially due to the predictable July-August doldrum effect. When the summertime vacation schedules of Washington and Manhattan movers and shakers presages a slowdown in activity and economic reports, there is simply less going on that might affect the rate meter—in either direction.

cincinnati mortgage
Summertime can also mark the beginning of a nationwide tapering off of real estate’s peak selling season. With the added factor of mortgage rates in (town) looking as if they will remain invitingly low for the near future, fear of a sudden rate rise is ebbing as well. It’s the kind of apprehension that can spur some buyers

4,531 Views, 1 Comment

Events that Trigger Buyers for Homes for Sale in Cincinnati

What are the most common changes in circumstances that send buyers out looking for homes for sale? What are the events that trigger typical prospects to comb through the Cincinnati listings, contact Cincinnati REALTORS®, set out on house tours—and ultimately make the offer that results in the move to a new home?

homes for sale cincinnati oh

The answer to that question may be different for everyone, but some in-depth research has come up with interesting similarities among groups of active homebuyers. It matches a conclusion that also conforms with common sense: namely, that the motivating events (or “triggers”) sometimes vary by age group. In other words, when we humans reach similar milestones in life, we often

2,679 Views, 2 Comments

Student Loans: Less of a Mortgage Obstacle than Thought

All of a sudden last month our Mason, Ohio and Cincinnati-area readers might have come across a number of new articles dealing with the same topic: the problem young first time home buyers are encountering due to outstanding student loans. The target group is the millennials—everyone born between the early 1980s and 2000s. If you are one of them, you are frequently reminded that there are millions and millions of you out there. And millions who also share the same student loan problem.

student loan debt home loans

There are conflicting accounts of the precise size of the issue, but it seems that the average college graduate now carries somewhere between $30,000 - $50,000 in debt upon graduation. The Federal Reserve

3,718 Views, 1 Comment

Nuts and Bolts Behind Cincinnati Real Estate Negotiations

When the goals motivating the parties in a negotiation—including Cincinnati real estate negotiations—are understood by all concerned, the odds for success are greatly improved.

cincinnati real estate negotiations

In most cases where the negotiation is between a buyer and seller of Cincinnati real estate, the goals are straightforward enough that it doesn’t seem to require much attention. Yet with a negotiation as weighty as the buying and selling of a home, stripping down the motivations common to the various parties can be a clarifying exercise.

Here is what you might call a negotiation matrix:

When a buyer puts together an offer, more often than not their mental decision-making process goes something like this:

1,692 Views, 0 Comments

What if my House Doesn't Appraise?

Hello, been a while since I've posted anything, but a situation came up where the common question "what if my house doesn't appraise high enough?" came up for both the seller and the buyer.

Dang it - the real estate appraisal was shy of where all parties needed it to be to move forward with purchase and sale. What can be done about it?

what if my house doesn't appraise

Now, my business partner, Marty Snyder, the top Ohio Realtor in our area is marvelous at challenging appraisals. He runs proper comps and his fastidious but friendly nature and appraisal challenge strategy usually wins appraisers over. Nearly 100% successful, this instance was not. As it turns out, the situation was one we've come across for the very first time.

Here's a

1,874 Views, 2 Comments

Renting vs Buying a Home - 5 Things to Remember

You’ve finally reached a point in your life where you plan to be in the same place for longer than a 12-month lease and pondering renting vs buying a home. Instead of making rental payments on a monthly basis, you want to earn equity as you go and eventually end up with a permanent roof over your head. (We at ​ABODO​ will miss you, but we understand.)

renting vs buying a home

But rent doesn’t translate into mortgage on a simple 1:1 ratio — a lot more goes into the transition than you might think, from the upfront costs involved to what happens if your dishwasher malfunctions and spews food-­flavored water all over your floor. As you prepare to pick up the torch of home ownership, keep these five things in mind, and you’ll

6,281 Views, 1 Comment

The Gross Truth About Easements in Gross

As an active Realtor in Southwest Ohio, I come across situations involving easements in gross and other types of easements that can sometimes negatively impact a real estate transaction and also stories from new clients about easements causing issues in their past.

easements in gross

My business partner, Greg Hancock, and I are always seeking to educate buyers and sellers; easements in gross or easements period should always be looked for, evaluated and discussed.

Not doing so is like building without a permit and can come back and "bite you" down the road. I even have a personal story and example for you of how this can happen.

Easements can be defined or classified as easements in gross or easements appurtenant.

11,053 Views, 2 Comments

11 Tips to Prevent Real Estate Closing Delays

If you’re thinking of buying a home, selling a home or perhaps already in the process, one of the most painful things a first time buyer, or any home buyer, can face is a delayed real estate closing which can cause a great deal of upset.

Bookmark this page! If you are selling a home, these tips will serve you well as they would a home buyer. 

real estate closing

Buying a home in SW Ohio?

Just because you have a closing date, or just going with what generally accepted time frames are is no guarantee that your real estate closing will happen in a timely manner.

There are many reasons a real estate closing can be delayed, some of it falling on the seller’s shoulders, some on the agents involved and some delays are

12,822 Views, 3 Comments

Cincinnati Housing for Rent or Sale in Real Time

Interested in renting, leasing or buying a home in the Greater Cincinnati area or southwest Ohio? If so, we’ve got you covered.

For the best experience, please read this short post in its entirety.

cincinnati housing for rent

We’d just like to point out our site is powered by the Cincinnati MLS and properties are updated every few minutes and include both buying and leasing opportunities.

Here are two great ways to go about your search for the perfect residence on our site, the two most popular ways are searching via our popular communities and hot market pages or, if you don’t see your preferred community, using the easy custom property search.

Popular Cincinnati Housing for Rent or Sale: Communities:

The table

18,719 Views, 0 Comments