It happens: Marriages fall apart. And as if dissolving your union weren’t hard enough, if you own a home together—almost certainly your largest joint asset—you’ll also have to decide what to do with it. Do you stay, sell, or hand ownership to your ex? While there’s no one-size-fits-all solution when it comes to dividing the house during divorce, there […]
It’s easy to typecast the players in the real estate market into two distinct roles: buyers and sellers, however, it’s not that simple. In many cases sellers are simultaneously buyers, searching for their replacement home, making their best and highest offer and hoping the timing works out. There is a better way! Although we are in […]
Low inventory levels are a defining characteristic of the current housing market. While it is not a universal condition, a low inventory of homes on the market seems to be prevalent in many desirable areas including right here in Columbus. As you’ve probably heard the real estate market is thriving and in fact activity has sky rocketed! In […]
Over the past several years, “pocket listings” have become a more mainstream option for quietly marketing a home. You probably haven’t heard this real estate term before but here’s what today’s home buyers and sellers need to know about pocket listings. A pocket listing is an unofficial, off-market listing Also known as a “quiet” or […]
Is the Columbus Real Estate Market a buyers market or a sellers market? During the housing bubble of the early-to-mid 2000s, the real estate market was considered to be a seller’s market. Property was in high demand and was likely to sell even if it was overpriced or not in the best condition. In many cases, homes […]
Home values are increasing and that should be a huge incentive for homeowners (including homebuilders) to put houses on the market. But that’s not happening and low inventory levels are leaving homebuyers competing for properties which in turn is driving up home values. U.S. home prices rose 5.4% in December, the largest year-over-year gain since July 2014. The median sales […]
It’s a homeowner’s dream to be able to purchase their new home before selling their current property. After all, who wouldn’t jump at the chance to move at your own pace, to vacate the home and avoid the hassle of de-clutting and staging your current home, as well as the inconvenience of having to clean […]
Can your house ever be too nice? The answer is yes. Unfortunately, there’s no simple measure to determine what constitutes an over improvement. How much is too much, depends a lot on what improvements you undertake, what’s happening in your neighborhood and, in the end, your personal reasons for improving. That said, when you sell […]
In today’s “move-up” housing market, many buyers commonly have to sell their current home before they can purchase a new one. To protect themselves, a buyer will typically submit their offer making the purchase contingent on the sale of their current residence. While many sellers are reluctant to consider offers with such a contingency, this out of fear it will take months […]
You’ve heard the home closing horror stories: At the eleventh hour the buyers find that the amount needed for closing exceeds what they were originally quoted. Well thanks to a new law this experience is now a thing of the past. If you’re about to close on a new house, your timing couldn’t be better. Thanks to new mortgage rules […]
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