Lakota Schools - Great Listing

8719 Bluebird Dr, West Chester OH-45069

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.

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.

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

Crooked Tree Subdivision - Mason

The Crooked Tree Subdivision is one of the largest communities in Mason/Deerfield twp. It is located north of Bethany Rd. and south of Brewer and is comprised of 200+ homes.

There are currently 16 homes for sale in this subdivision ranging in price from $250,000 to $430,000.

For information regarding the homeowners association check out http://www.crookedtreeca.org/covenents.htm