John Jacobus's (johnjacobus) Blog

Real Estate Agent - RE/MAX Impact
Short Sale.  2100+ square feet plus a full basement.  This home has a lot of upgrades.  The homeowner has maintained and cared for this home.  3 bedrooms and 2.5 baths.  Gas log fireplace.  Located in Carson Farms in Delaware, OH.  Taxes are $3207/year 2008.
If you have been thinking about selling now is the best time since the spring of 2005.  But, only if you have a property valued under $350,000.  FHA requires just 3.5% down payment, so obviously, there are a lot more buyers in that price segment.  The over $350k market is actually better than it ...
First time buyer market is hot!  The $8000 stimulus money coupled with the MCC (Mortgage Credit Certificate) has served to overheat this price segment.  It seems like everyone who qualifies as a first time buyer (hasn't owned for 3 years) is in the they should be.  Anyone who can affo...
April showers (and thunderstorms) bring problems in the basement.  Next time we get a nice hard rain do what I do.  I have Cheri go out to inspect the gutters and downspouts.  Here's a checklist I give  her (feel free to apologize to your true love if you have to, but this has to be done during a...
A lot has been said about using or not using torture to extract information from terrorists.  Obviously, our current administration wants to have a nicer gentler approach. Here are the techniques which Americans should consider to be over the line and unconscionable and should not be used on terr...
Last week I was showing homes to a buyer.  We looked at a lovely 4 year old 2800 square foot home on 2 acres priced at $270,000.  Unfortunately, the yard was so bad... it had little landscaping, the grass is in terrible condition and there are lots of weeds.  It was so bad that the buyer dismisse...
I just received the brand new CDPE designation (certified distressed property expert).  A distressed property refers to the condition of the property or the financial condition of the owner.  Did you know that 9.1% of all mortgages are technically in default, that is 30 or more days late on a pay...
Columbus ranks on the most affordable homes list! ranked the 222 largest metros in the U.S. Here is the list of the top 10 cities where homes are affordable and prices have not declined more than 10% over the last year.   In fact, based on my own experience, we are back in business!  ...
John's Tip of the Week: "New" OHFA Program! (Ohio Housing Finance Agency)   "More" great news - first time homebuyers (haven't owned a home in 3 years)!!!   As of March 30, 2009 OHFA will allow qualifying first time home buyers to use part of their $8000 Federal Stimulus tax credit as a down paym...
Last week's tip was a little lengthy so I didn't include the good news in our market place and there is good news. The market is neither good nor bad... it just is.  It's your perspective that makes it good or bad.  For instance, homes in some areas have actually been appreciating!  You read it c...

John Jacobus

smartphone(614) 296-8350
Contact The Author