Beavercreek, OH

Don’t get left out in the cold. With the announcement of the governmental backed liquidity in our market buyers are well positioned to help stimulate the economy to their own benefit. With rates hovering around the 6% mark and anticipation of further reductions buyers can fully take advantage of the housing correction. In addition, buyers have additional avenues in distressed and bank REO properties. Take HomeSteps for example; this unit of Freddie Mac provides opportunities to purchase foreclosed homes. Many times HomeSteps will have bonus incentive programs such as paying of a portion of the closing cost.

Also, don’t forget about first time homebuyer’s tax credit for anyone who hasn't owned a home in the last three years. With homes having historically low property values and the increasing availability of financing; buyers who are on the fence should start taking a serious look at purchasing.

If you’re a buyer who wants to know more about opportunities in our Beavercreek Ohio Real Estate market navigate to our website for more information or contact us directly. Have a question? Just drop us an email and we’ll get you the help you need.

Beavercreek Ohio New Construction Real Estate

If you are in the market for a new home anywhere in Greene or Montgomery County areas, you are in luck!
Beavercreek, Fairborn, and surrounding areas are in a tough market where deals are sure to be found. Don’t overlook the option of new construction. There are a number of quality builders in our area that would love to build your next home.
When given the alternative of buying a new home that has never been lived in versus buying a pre-existing home that doesn't exactly have the space, configuration or amenities you and your family desire, the choice becomes clear! Nothing beats a brand new home--much like enjoying the scent from a brand new car.
Benefits are abundant with residential new construction:

The operative word with residential new construction is “YOU.”

* You pick the floor plan and elevation.

* You can modify the plan within limits to fit your taste and needs. If you need bigger closets change the plan, need an open air area remove the dividing non-bearing wall between the kitchen and living room, want a side egress door with 2’ of extra space on either side in the garage because you have an SUV. It’s up to you.

* You get to pick flooring, paint, brick, counter tops, carpet, lighting & plumbing fixtures, cabinets etc.. etc...

Sounds like a great idea and in this market I’m sure to get a deal. What I tell my clients is this; the best thing about residential new construction is you get to make all the choices and decisions. The worse thing about new construction is you get to make all the choices and decisions. Sounds like tongue and cheek talk but it’s the truth. New construction done right is a large effort and responsibility. In order to get a great product at the end of construction when the occupancy permit is release you’ll need a plan and a team.

If you are in the market for a new home and are considering new construction, The Gene Group can help provide the necessary expertise to assist you in your construction project. Don’t go it alone, get all the information and protection you can get. Contact Us for more information via email or call us directly and we’d love to help you build your dream home

Many new construction homeowners think the city, government, or even the builder will ensure that the construction of your home is being performed at the highest quality and attention to detail. This simply isn't true. The city enforces minimum building codes. Although the minimum complies with the law you paid maximum price and should be confident that you are getting what you paid for. It is important that an inspection by an independent third party and be performed a three significant milestones.

1) After the foundation has been completed

2) Pre-drywall

3) Prior to close to create your punch list.

New construction is an endeavor that shouldn’t be taken lightly. Once you’ve accepted the property and the 1 year warranty has expired you inherit any and all problems that could have been caught in one of the aforementioned inspections. In addition, the buyer should not rely solely upon the assistance of the rep that sits in the model and takes your order. Many of the assistance are not licensed and represent the interest of the builder.

One common misconception I often hear with new construction buyers is that if they were to use a Realtor in the purchase of a new construction home that it would somehow cost more to purchase the property. In fact, the truth is just the opposite. Most builders have already factored in the cost of any commission that would be provided to the buyer’s Realtor as a known cost of sale. So if a buyer doesn’t bring representation then the builder gets to pocket that money you paid as profit.

Bottom line, protect yourself. You owe it to yourself to ensure you are well informed and making the best decisions possible. Don’t go into a new construction project unarmed and alone.

Real Estate is local. Understanding what you're market is doing is very important to both buyer and seller. The Beavercreek Market is unique because it has two markets North and South. This information communicates the pulse of the Beavercreek Market as a whole at a given point and changes DAILY! Your Realtor should know and understand this statistical information to be able to effectively market a seller's property or for suggesting bracketed offers for their buyers.

Beavercreek Combined Market Summary Report - November 2008

North:
Absorption Rate : 0.8 month supply on market
Activity Index : 151.1 Activity Index

South:
Absorption Rate : 1.1 month supply on market
Activity Index : 113.1 Activity Index

If any of this infomation is foreign to you as a buyer or a seller feel free to contact me and my team can explain exactly how this information will be of a benefit to you.

Well we’ve all been told that a majority of buyers start their search for a home onthe internet and we’ve all been scurrying to capture a share of that market. Websites, SEO efforts, lead capturing companies and host of other concepts have all but filled our minds with the grandeur of fueling a portion of our businesses with an ample supply of buyers, but what do we really get with these internet opportunities; leads like asdf jkl; and Mr. & Mrs. Smith with a bogus 789-777-9311 phone number.

What I want to discuss is the buyer’s mindset. What scares a buyer into submitting erroneous information in our forms? The answer has to be fear. So what are we doing as a business that makes a buyer beware on the buy side? With buyers it is a win-win proposition. The buyer gets a professional that signs up to protect their interest at absolutely no cost. So why in the world would a buyer sign up and put Fred Flintstone as a contact? Perhaps they are truly just looking for fun just to see what’s out there. Perhaps they are dream building knowing that they can’t qualify for that house—so they think. Maybe they think the listing agent will take care of them since their sign is in the yard. Whatever it is these folks aren’t raising their hand for the much needed help in one of the biggest purchases of their life.

So, as a buyer I agree I need to scrutinize anyone I’m working with. I need to check referrals of past clients. I need to know that whomever I work with they are able to provide me the necessary INFORMATION and REPRESENTATION I need in this transaction. Outside of that the only thing to fear is fear itself!