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Sadie & Toby
Toby E. Boyce, MBA
Professional REALTOR
Ohio Home Team, ltd.
Keller Williams Consultants
(740) 990-9748
Toby@TobySellsHomes.com
Associations
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Selling
Report: Pending Home Sales Increased in July
Following a sharp drop in the months immediately after expiration of the home buyer tax credit, pending home sales have modestly risen, according to the National Association of Realtors®. The Pending Home Sales Index, a forward-looking indicator, rose 5.2 percent to 79.4 based on contracts signed in July from a downwardly revised 75.5 in June, [...]
Banks Being Fradulent in Short Sales
I’m usually not a “negative nilly” but I have to admit that when the news that banks were being fraudulent in their short-sale efforts was not shocking to me at all. Diana Olick wrote “Big Banks Accused of Short Sale Fraud” on CNBC that appeared on Friday. Olick’s findings were that banks with second liens [...]
Ohio’s Foreclosure Bill Struggling in Senate
Ohio House of Representatives passed a bill in May that would have put together a six-month moritorium on foreclosures if the home-owner can pay up to one-half of the amount due. WOSU’s Bill Cohen has a nice piece they distributed on their Web site today about where the bill stands. Basically, it hit the Republican-led [...]
No More Home Seasoning, Maybe
In a surprise move, the U.S. Department of Housing and Urban Development (HUD) has announced that beginning on February 1, 2010 it will rescind its three-month moritorium on selling a home for one year. “As a result of the tightened credit market, FHA-insured mortgage financing is often the only means of financing available to potential [...]
Guest Column: Is Owner Financing an Option For You?
by David Reed, CD Reed Mortgage Owner financing has been a popular practice in previous real estate downturns. Current market conditions and upheavals in the mortgage industry have given rise to a new-found interest in this idea. If you own your property outright, have a need to sell in a soft market and are interested [...]
