John Jacobus's (johnjacobus) Blog

Real Estate Agent - RE/MAX Impact
Someone asked me this week, "Should I buy now, or wait till spring and hope home prices drop another 10%?  Here's my answer. If you could control interest rates, unemployment, layoffs, factory closings, terrorist attacks, tax laws, etc etc. then you could wait and take the chance. Problem is, the...
QUESTION:  (Brett)  On a short sale, (where a bank is not fully paid) is the forgiven debt taxable income? ANSWER:  (John)  Technically yes, but most people get an exception and do not have to pay tax on the forgiven debt.   I forwarded this question to my accountant for a more complete and accur...
3 Level Split style home with 3 bedrooms and 1.5 baths. Some brick exterior. Almost 1400 Square Feet. 1 car attached garage. Located in Westerville, OH. $109,900
HOT HOT HOT The real estate market is HOT!  But only for properties under $250,000.  The $8000 tax credit given to first time buyers has really helped this price segment.  Homes up to $350,000 are still doing pretty well, but over that the market slows to a crawl. The higher the price the slower ...
Custom built ranch on over 5 1/2 acres in Johnstown.  This home boasts 3 bedrooms 2 full baths, wood burning fireplace, finished basement and so much more.  Large detached garage will house 6-8 cars or a yacht & motor home!  Home strategically situated to simply surround you with privacy and sere...
This home has loads of nice features and is only 2 1/2 years old.  There are 4 bedrooms with the master on the first floor and 2 full and 1 half bathroom.  The second floor boasts a loft which could be converted to a 5th bedroom.  The basement has been framed and is ready to finish and the crawl ...
Check your evergreens at least twice a week for the next two months for bag worms.  One little bag contains 500 eggs.  Cheri has pulled off as many as 150 bags on an eight foot pine.  Taking care of them before they hatch is relatively easy.  Pull the bags off by hand and burn them.  Once those c...
If you know me you know I think everyone should pay their fair share.  NOT!  I wouldn't pay a dime if they didn't make me.  I don't like what they did with what I've sent so far!  At great personal risk to my personal welfare and maybe being labeled un-American, I want to share with you how to re...
If your wife complains, like mine about weeding the flower beds, here's a tip to make your life a little more stress free.  Roundup (and generic names like "Razor Burn" since roundup's patent ran out) can save a lot of time, sore backs and grumpy wives.  Take a funnel of appropriate size and turn...
Cute 3 level split style home in Westerville.  This home has 3 bedrooms and 1 full and 1 half bathrooms.  The interior is neutral, exterior is brick and vinyl with a one car attached garage.  Deck, fenced in yard, shed.  immediate possession.  This is not a short sale but it is priced like one!

John Jacobus

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