Sunday, January 31, 2010
Friday, January 29, 2010
List and Sell with Michelle!
In Mason, Oh.
www.SloanSellsHomes.com
In Mason, Oh.
www.SloanSellsHomes.com
Realtor Michelle Sloan is seeking 2 new listings in 45040. If you want to sell-call NOW!
Thursday, January 28, 2010
Top real estate agent in Mason, Ohio!!
Ranked #3 at Sibcy Cline Northeast office. #34 in the company!
Michelle Sloan, Realtor
www.sloansellshomes.com
Ranked #3 at Sibcy Cline Northeast office. #34 in the company!
Michelle Sloan, Realtor
www.sloansellshomes.com
.
Tuesday, January 26, 2010
Home Buyer Changes - FHA
On Jan. 20, 2010, HUD issued a press release with regard to FHA lending changes. It addresses risk and the strengthening of finances. One major change, as shown below, states:
- New borrowers will now be required to have a minimum FICO score of 580 to qualify for FHA’s 3.5% down payment program.
- New borrowers with less than a 580 FICO score will be required to put down at least 10%.
For more info contact your lender or get a great referral from Sibcy Cline Realtor Michelle Sloan.
www.sloansellshomes.com
- New borrowers will now be required to have a minimum FICO score of 580 to qualify for FHA’s 3.5% down payment program.
- New borrowers with less than a 580 FICO score will be required to put down at least 10%.
For more info contact your lender or get a great referral from Sibcy Cline Realtor Michelle Sloan.
www.sloansellshomes.com
Monday, January 25, 2010
Thursday, January 21, 2010
Open House - Complete List
Are you planning to purchase a home in the next 3 months?
You can see a complete list of open houses in the Cincinnati area here:
Cincinnati MLS Open House Search
Buyers searching in the Northern Cincinnati area.. contact Sibcy Cline Realtor, Michelle Sloan for a personalized plan to purchase a home. http://www.sloansellshomes.com/
Request a FREE Northern Cincinnati Home Search --
email Michelle Sloan at msloan@sibcycline.com
Include -- contact info, price range, area of search and any specific housing needs.
You can see a complete list of open houses in the Cincinnati area here:
Cincinnati MLS Open House Search
Buyers searching in the Northern Cincinnati area.. contact Sibcy Cline Realtor, Michelle Sloan for a personalized plan to purchase a home. http://www.sloansellshomes.com/
Request a FREE Northern Cincinnati Home Search --
email Michelle Sloan at msloan@sibcycline.com
Include -- contact info, price range, area of search and any specific housing needs.
Monday, January 18, 2010
Investors -- News Alert
HUD TAKES ACTION TO SPEED RESALE OF FORECLOSED PROPERTIES TO NEW OWNERS
Measure to help bring stability to home values and accelerate sale of vacant properties
WASHINGTON - In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretary Shaun Donovan announced a temporary policy that will expand access to FHA mortgage insurance and allow for the quick resale of foreclosed properties. The announcement is part of the Obama administration commitment to addressing foreclosure.
"As a result of the tightened credit market, FHA-insured mortgage financing is often the only means of financing available to potential homebuyers," said Donovan. "FHA has an unprecedented opportunity to fulfill its mission by helping many homebuyers find affordable housing while contributing to neighborhood stabilization."
With certain exceptions, FHA currently prohibits insuring a mortgage on a home owned by the seller for less than 90 days. This temporary waiver will give FHA borrowers access to a broader array of recently foreclosed properties.
"This change in policy is temporary and will have very strict conditions and guidelines to assure that predatory practices are not allowed," Donovan said.
The policy change will permit buyers to use FHA-insured financing to purchase HUD-owned properties, bank-owned properties, or properties resold through private sales. This will allow homes to resell as quickly as possible, helping to stabilize real estate prices and to revitalize neighborhoods and communities.
"FHA borrowers, because of the restrictions we are now lifting, have often been shut out from buying affordable properties," said FHA Commissioner David H. Stevens. "This action will enable our borrowers, especially first-time buyers, to take advantage of this opportunity."
The waiver will take effect on February 1, 2010. To protect FHA borrowers against predatory practices of "flipping" where properties are quickly resold at inflated prices to unsuspecting borrowers, this waiver is limited to those sales meeting the following general conditions:
1. All transactions must be arms-length, with no identity of interest between the buyer and seller or other parties participating in the sales transaction.
2. In cases in which the sales price of the property is 20 percent or more above the seller's acquisition cost, the waiver will only apply if the lender meets specific conditions.
3. The waiver is limited to forward mortgages, and does not apply to the Home Equity Conversion Mortgage (HECM) for purchase program.
Specific conditions and other details of this new temporary policy are in the text of the waiver, available on HUD's website.
###
HUD is the nation's housing agency committed to sustaining homeownership; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development ad enforces the nation's fair housing laws. More information about HUD and its programs is available on the Internet at www.hud.gov and espanol.hud.gov.
For a FREE Search of foreclosure homes in the northern Cincinnati area, contact Sibcy Cline Realtor Michelle Sloan. http://www.sloansellshomes.com/
Measure to help bring stability to home values and accelerate sale of vacant properties
WASHINGTON - In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretary Shaun Donovan announced a temporary policy that will expand access to FHA mortgage insurance and allow for the quick resale of foreclosed properties. The announcement is part of the Obama administration commitment to addressing foreclosure.
"As a result of the tightened credit market, FHA-insured mortgage financing is often the only means of financing available to potential homebuyers," said Donovan. "FHA has an unprecedented opportunity to fulfill its mission by helping many homebuyers find affordable housing while contributing to neighborhood stabilization."
With certain exceptions, FHA currently prohibits insuring a mortgage on a home owned by the seller for less than 90 days. This temporary waiver will give FHA borrowers access to a broader array of recently foreclosed properties.
"This change in policy is temporary and will have very strict conditions and guidelines to assure that predatory practices are not allowed," Donovan said.
The policy change will permit buyers to use FHA-insured financing to purchase HUD-owned properties, bank-owned properties, or properties resold through private sales. This will allow homes to resell as quickly as possible, helping to stabilize real estate prices and to revitalize neighborhoods and communities.
"FHA borrowers, because of the restrictions we are now lifting, have often been shut out from buying affordable properties," said FHA Commissioner David H. Stevens. "This action will enable our borrowers, especially first-time buyers, to take advantage of this opportunity."
The waiver will take effect on February 1, 2010. To protect FHA borrowers against predatory practices of "flipping" where properties are quickly resold at inflated prices to unsuspecting borrowers, this waiver is limited to those sales meeting the following general conditions:
1. All transactions must be arms-length, with no identity of interest between the buyer and seller or other parties participating in the sales transaction.
2. In cases in which the sales price of the property is 20 percent or more above the seller's acquisition cost, the waiver will only apply if the lender meets specific conditions.
3. The waiver is limited to forward mortgages, and does not apply to the Home Equity Conversion Mortgage (HECM) for purchase program.
Specific conditions and other details of this new temporary policy are in the text of the waiver, available on HUD's website.
###
HUD is the nation's housing agency committed to sustaining homeownership; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development ad enforces the nation's fair housing laws. More information about HUD and its programs is available on the Internet at www.hud.gov and espanol.hud.gov.
For a FREE Search of foreclosure homes in the northern Cincinnati area, contact Sibcy Cline Realtor Michelle Sloan. http://www.sloansellshomes.com/
Sunday, January 17, 2010
First time homebuyers--time is running out to take advantage of tax credit. Don't wait til March/April to start looking. In northern Cincy, sloansellshomes.com
Thursday, January 14, 2010
Setting up showings for the weekend. Thinking about listing in northern Cincy? Don't wait til spring. Call Michelle Sloan today! www.sloansellshomes.com
Circle Of Excellence Award Winner
Sibcy Cline Realtor Michelle Sloan was recognized today as one of the top real estate agents in the Cincinnati area. Presented with the Circle of Excellence award for sales from the Cincinnati MLS.
Congrats Michelle!
"I love what I do! Selling homes and making dreams come true." Michelle Sloan
If you want to list your home or purchase one in the northern Cincinnati area, contact Michelle Sloan directly at 513-600-5277.
http://www.sloansellshomes.com/
Big weekend ahead for open houses! Check out my listings at www.sloansellshomes.com or all open houses in Cincy area at www.sibcycline.com
Monday, January 11, 2010
Cost vs Value - Cincinnati, OH
Are you thinking about doing a remodeling project this winter to increase the value of your home?? Basements, Bathrooms and Kitchens often give homeowners the most bang for the buck.
Check this chart: Cost vs Value - Cincinnati
Also, ask for the opinion of your Realtor. In Northern Cincinnati call Sibcy Cline Realtor Michelle Sloan for a free Comparative Market Analysis. This analysis will help you decide if a home renovation will add to the value to your home, compared to other homes in your area/neighborhood.
Michelle Sloan, Realtor
513-600-5277
http://www.sloansellshomes.com/
Check this chart: Cost vs Value - Cincinnati
Also, ask for the opinion of your Realtor. In Northern Cincinnati call Sibcy Cline Realtor Michelle Sloan for a free Comparative Market Analysis. This analysis will help you decide if a home renovation will add to the value to your home, compared to other homes in your area/neighborhood.
Michelle Sloan, Realtor
513-600-5277
http://www.sloansellshomes.com/
Price Reduction - Best In Neighborhood!!
5980 Deer Run Dr, Deerfield Twp. OH, 45040
Schedule a private showing today -- This home is perfect for 1st time Homebuyer!
Call Sibcy Cline Realtor, Michelle Sloan
513-600-5277 or msloan@sibcycline.com
Serious Buyers only --
Friday, January 8, 2010
Busy weekend ahead. Plan to attend open house on Deer Run Sunday. Deerfield twp. Details www.sloansellshomes.com
New Listing - Mason Schools
Resort Living in the Heart of Mason! Beautiful 4BR w/oversize inground pool on private lot. Open flr plan. Approx 4000 sf, Fin. LL w/wet bar, 60K+in upgrades, new granite counters, carpet. Huge master suite. Culdesac. Close to schools.
Call Sibcy Cline Realtor Michelle Sloan for a private showing. Serious Buyers only.
513-600-5277
msloan@sibcycline.com
http://www.sloansellshomes.com/
Thursday, January 7, 2010
The 2010 Home Buyer Tax Credit
Late last year, Congress modified the $8,000 First-Time Home Buyer Tax Credit program, converting it from a "first-time" buyer program into an "everyone" buyer program.
Under the new terms, first-time buyers are eligible for up to $8,000 in federal tax credits and long-time homeowners can get up to $6,500. A "long-time" homeowner is someone who has owned a primary residence for 5 or more consecutive years dating back to 2002.
April 30, 2010 : You must be under contract for your new home
June 30, 2010 : You must be closed on your new home
Start your home search now with Sibcy Cline Realtor Michelle Sloan.
www.SloanSellsHomes.com
The best Realtor in Mason, West Chester, Loveland, Maineville and surrounding northern Cincinnati area!!
Under the new terms, first-time buyers are eligible for up to $8,000 in federal tax credits and long-time homeowners can get up to $6,500. A "long-time" homeowner is someone who has owned a primary residence for 5 or more consecutive years dating back to 2002.
April 30, 2010 : You must be under contract for your new home
June 30, 2010 : You must be closed on your new home
Start your home search now with Sibcy Cline Realtor Michelle Sloan.
www.SloanSellsHomes.com
The best Realtor in Mason, West Chester, Loveland, Maineville and surrounding northern Cincinnati area!!
Tuesday, January 5, 2010
Lakota Schools - Great Listing
Great ranch w/40K+ in upgrades. 3BR/2BA on 1 acre lot. Roof/water heater '09, new paver patio, driveway & walk '07, fenced yard, energy eff whole house fan, 18x18 shed, newer windows & patio door, updated baths. Minutes from I75 & shopping.
Call Sibcy Cline Realtor Michelle Sloan for a private showing. Serious Buyers only. 513-600-5277.
Interest rates predicted to reach 6%
Interest rates are likely to rise to 6% by the end of 2010, predicted Amy Crews Cutts, deputy chief economist at Freddie Mac.
The end of the Federal Reserve program that buys mortgage-backed securities will drive rates higher because private buyers will demand more return than the Fed.
"Extraordinary resources have been put into keeping the rates down and supporting the mortgage markets and it's hard to imagine that the rates can go much lower than they are," Crews Cutts said. "Anything we get at or below 5% is a gift at this point."
Source: Washington Post
So, don't wait. If you are planning to buy this year. Do it now!! Rates are hovering around 5%. You can get a lot more home for your money with a lower interest rate. In northern Cincinnati including Mason, West Chester, Maineville, Loveland - Call Sibcy Cline Realtor Michelle Sloan for the latest and best information regarding real estate in the area.
The end of the Federal Reserve program that buys mortgage-backed securities will drive rates higher because private buyers will demand more return than the Fed.
"Extraordinary resources have been put into keeping the rates down and supporting the mortgage markets and it's hard to imagine that the rates can go much lower than they are," Crews Cutts said. "Anything we get at or below 5% is a gift at this point."
Source: Washington Post
So, don't wait. If you are planning to buy this year. Do it now!! Rates are hovering around 5%. You can get a lot more home for your money with a lower interest rate. In northern Cincinnati including Mason, West Chester, Maineville, Loveland - Call Sibcy Cline Realtor Michelle Sloan for the latest and best information regarding real estate in the area.
Monday, January 4, 2010
Home for Sale - Mason Schools
Open House - Sunday January 10
Noon-1:30pm
3 BR Gem with lots of updates. Great for 1st time homebuyer.
Call Sibcy Cline Realtor Michelle Sloan to schedule a private showing. Serious buyers only. 513-600-5277.
Planning to Buy in 2010
Now is a great time to consider buying a home.
It's a new year and it pays to buy a home instead of renting.
1. First time homebuyers may be eligible for a tax credit if purchasing before the end of April 2010.
2. Interest Rates are still low.
3. Good selection. More homes will be on the market in the coming months.
Important Steps Before Home Shopping
1. Get Qualified - talk to a Mortgage Broker ASAP
2. Talk to a Realtor in the area you want to buy - create a plan
In Northern Cincinnati including Mason, West Chester, Blue Ash, Sharonville, Maineville, Landen CALL Sibcy Cline Realtor, MICHELLE SLOAN. www.SloanSellsHomes.com
Make an appointment with Realtor Michelle Sloan to create a specialized plan to get you into a home you can afford and she offers great referrals for quaified mortgage brokers, home inspectors and contractors for home improvements. Michelle Sloan is your real estate expert in Northern Cincinnati, Ohio.
It's a new year and it pays to buy a home instead of renting.
1. First time homebuyers may be eligible for a tax credit if purchasing before the end of April 2010.
2. Interest Rates are still low.
3. Good selection. More homes will be on the market in the coming months.
Important Steps Before Home Shopping
1. Get Qualified - talk to a Mortgage Broker ASAP
2. Talk to a Realtor in the area you want to buy - create a plan
In Northern Cincinnati including Mason, West Chester, Blue Ash, Sharonville, Maineville, Landen CALL Sibcy Cline Realtor, MICHELLE SLOAN. www.SloanSellsHomes.com
Make an appointment with Realtor Michelle Sloan to create a specialized plan to get you into a home you can afford and she offers great referrals for quaified mortgage brokers, home inspectors and contractors for home improvements. Michelle Sloan is your real estate expert in Northern Cincinnati, Ohio.
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