Buying A Home? Don't Think Your Gonna Steal It!

Have you been keeping up with the news regarding the housing market recently?

If you have even turned on a newscast all you are hearing is that "sellers are desperate to sell" and that you can "steal the home, just make any old offer"

I am here to tell you, that might be the case in certain other areas of the country, but if you are person looking to buy a home in Columbus Ohio, you have got another thing coming. With the big push on the $8,000 tax credit for first time home buyers, the OHFA down payment assistance and new build companies offering to pay your down payment for just a little "sweat equity", the homes are not lasting long. Not only are they not staying on the market, but if they are priced correctly, they are getting multiple offers (yes you heard that right, multiple offers). So if you think you can walk in with $100,000 to spend on a home for sale in Columbus Ohio and think you are going to get it for 20 or 30% below list price, chances are it ain't gonna happen, especially if it is a HUD home or a short sale (that's a whole other blog topic there). Point is, be prepared to fight for a home if it is under the $125,000 range in the central Ohio area and if it is in really good shape be prepared to pay above list price for it.

This is an excellent time to buy a home in Columbus and the surrounding areas, but don't think your gonna steal the home, because that is just not the realistic truth.