Buyer Beware

Are you interested in purchasing a foreclosure home? You may be able to get a jump on those properties if you take a look at homes that are being sold at a sheriff's sale.

In Warren County, Ohio you can see the latest homes on the sale block on this web site: http://www.wcsooh.org/sheriff/search/shfentry.htm

A few things to consider.

1. A deposit of 10% of the purchase price is required the day of the sale.
2. The balance must be paid within 30 days of the confirmation of sale. All purchasers must complete a Purchaser Information Form at the time of the sale.
3. The purchaser or purchaser's representative has no right or access to the property until it is paid in full and the deed is recorded.
4. The Sheriff's Office does not guarantee a free and clear deed.
5. Sheriff sales are "Buyer Beware" and it is recommended that you seek legal advise.
6. The appraisal conducted for purposes of this sale did not include an interior examination of the premises.

Most often the bank or lender, who is selling the property because the owner is behind on payments, will buy the house back at the sheriff's sale and then put it on the market as a foreclosure home.

Food & Fun for a Good Cause

Help raise money for United Way and get a great meal too.

Stop by BD's Mongolian Barbeque in Mason, OH on Tuesday Sept. 29th from 6-9pm.

Portion of proceeds to benefit United Way.

Celebrity griller 700WLW's Scott Sloan on the grill from 6-7pm..
WCPO Sports Anchor Tara Pachmayer will be there too.

Reservations Recommended: 513-770-4330
8655 S. Mason Montgomery Rd.

$1.00 pints!!

Home Sales Increase

Homes sales are up in August in the Cincinnati area and around the country. One reason is the $8,000 tax credit opportunity for first time home buyers.

The tax credit program is about to expire. Buyers who still want to take advantage don't have much time. Deadline to close is November 30, 2009. At this point, buyers should be under contract in the next couple weeks in order to close on time.

First time homebuyers in the Cincinnati area must be pre-approved for a mortgage and have a minimum of 3.5% down payment.

Call Sibcy Cline Realtor Michelle Sloan for expert advice about buying or selling a home. "There is no guarantee that the tax credit will be extended. There are still some great homes available in the Mason, West Chester, Loveland area."

www.SloanSellsHomes.com

Sloan Sells Homes is seeking new listings in the Mason, West Chester and Loveland area. Call Sibcy Cline Realtor Michelle Sloan for a free market analysis.

Sibcy Cline Top 100

Congratulations to Realtor Michelle Sloan --

#21 of Sibcy Cline's 3500 agents!!

August 2009

www.SloanSellsHomes.com

Thinking about making a move to the Cincinnati area? Request a FREE home search from Realtor Michelle Sloan to see what kind of home you get for your money.

Fall is a great time to add to the value of your home. Plant trees and shrubs and flowering bulbs to pop up in the spring. Curb appeal does help sell a home!

14K homes for sale in Cincy area right now. Lower inventory than the past 2 years. What does that mean? A stabilizing market and higher selling prices possible

Tax Credit Countdown - It's Not Too Late

Home buyer tax credit countdown is underway.

The first-time home buyers tax credit ends Nov. 30. That means a buyer must close on a property on or before that date in order to qualify for the $8,000 credit. Is it possible to buy in the next two weeks and still close in time to collect it? Some professionals say yes.

"It still can be done in six weeks," says Sibcy Cline Realtor Michelle Sloan. "I suggest buyers have an accepted contract in place with a seller before October 15th, to be sure they will close in time."

Economist Kevin Gillen of Econsult predicts a mad rush to close as the deadline nears.

Bruce Hahn, president of the American Homeowners Grassroots Alliance in Arlington, Va., is pushing for an extension and an expansion of the credit. Legislation to do that is critical, he says, because the recovery has so far been mostly jobless and people need more time to get their feet on the ground in order to buy.

www.sloansellshomes.com

St. Susanna Family Festival Weekend - Mason, OH

Support one of the largest Catholic parishes in Cincinnati.

Sept. 11-13

Click here for more details.

http://www.stsusanna.org/ParishInfo/FestivalInformation/tabid/420/Default.aspx

Fun for the entire family!

Are you Ready Yet??

Often buyers are out there waiting for the right moment to jump in and purchase a home. I'm not sure there is ever a right moment. You do have to be prepared, though.

1. Do you have a steady job?
2. Do you have money set aside for a down payment and closing costs?
3. Have you talked to a lender about how much you can afford to spend on a home?
4. Do you know where you want to live?
5. What kind of home do you want to purchase?

First time homebuyers might feel a little pressure right now to purchase a home in order to take advantage of the $8,000 tax credit. In order to get the money, you must find and close on a home before November 30, 2009. That deadline is fast approaching. Truely you should find a home and have a negotiated contract on it by Oct. 15th in order to insure that you will close by Nov. 30th.

Think about it. Are you ready? If you can answer yes to all 5 questions above, and you want to purchase a home in the northern Cincinnati, OH area, call Sibcy Cline Realtor, Michelle Sloan to get started right away. Time and availability is limited. Don't miss this opportunity.