About Defiance County, OH

It's definitely been a challenging year in real estate, to say the least, here in Defiance, Ohio. The national market media machine has definitely affected how people in our area perceive the current market and we've had to try and buck that trend all year. The national market has consistently described the nation in dire straits, but locally it has not been as depressed as some areas of the country.

The naysayers say that 2009 is going to be as bad or worse, but I am looking forward to 2009 as a time of new opportunities and great bargains. There hasn't been a better time to buy real estate than right now. The interest rates are extremely low, the market is flooded with homes and the pricces are depressed. A person buying a home can get so much more home in today's market than they could have just a couple of years ago.

It's my hope that those of you who read this post will have a blessed new year.

Have a GREAT new year!

Scott

Defiance, Ohio (a.k.a D-Town) is once again growing and proving, once again that it is, "A great place to live", if not the best.

I recently attended an open house/tour with my 9 year old son, Braden, and I was blown away, to say the least. The school's advanced technology and massive size is very, very impressive. This facility will surely provide the staff & resources to bring out the greatest potential in every child's future (including all 4 of mine!). Three of the four old elementary school buildings are already accounted for, including a Senior Center, Catholic School, & City Building.

This new, modern elementary school will surely provide yet another attractive lure for growth in our great city.

See more pics & info here.

And as always, Contact Us for all of your home & property inspection needs. Whether you're relocating, a first time or seasoned home buyer, or an Investor/flipper - We're always here to help!

Here's some pictures that one of my collegues Gina Montez, took of Defiance after our ice storm the other night. It's been pretty crazy at there is at least 1/2 inch of ice on everything. Last night, I was driving through downtown and all the lights were out. I actually enjoyed the look of the town. It was all fixed by this morning. Enjoy the picts and if you are looking for another great agent in this area, besides me of course, Gina Montez is excellent. You can contact her at gmontez@butlermohr.com or go to her blog at : http://activerain.com/blogs/gmontez

Yep, you read that right! I called Denise Davenport at The State Bank here in Defiance Ohio and confirmed it. The rates for a 30 year fixed mortgage for a person with A credit was being promoted at 5.0%. I then followed up the call with a call to Ryan Frederick at Sherwood State Bank, Defiance Branch and he gave me the same number.

That's great news for the real estate market. I know that it will create a bunch of refinances, but if buyers have been on the fence waiting for whatever reason to purchase a home. Now might be the perfect time to buy. With the decline in home values and the decline in interest rates, buyers are at a prime position to get a lot more home for the money.

For example, a $100,000 loan at 6.5%, which is where it was at just a month ago would have a payment of $632.87 principle and interest and the same $100,000 at 5.0% would be $536.82. That's almost $100 per month savings! If you wanted to keep that same payment it would equal a new loan amount for $117892.05. That's almost $18,000 more home.

If you've been on the fence, contact me or get in touch with Denise Davenport at State Bank or Ryan Frederick at Sherwood Community Bank.

Thanks,

Scott

Scott Williams

Butler Mohr GMAC Real Estate

815 E. Second St.

Defiance,OH 43512

419-438-1165

We were very lucky today as it seems Defiance was missed by the heavy snow that hit around us. I guess it's still coming but I'm ok if it doesn't arrive.

I finally have my new 4x4 truck that will help me this winter. I'm still looking for a snow plow to fit it so that I can help out those around me who need their driveways cleared. If the snow could hold off until then, I'd be very happy. Other than that it's shovels and a snow blower.

Butler Mohr has a snow blower that I can use that is at our Stonegate Condos. I plan on using it if I need to, but the real problem is getting it into the truck as it's pretty large.

Well if anyone has a good used snow plow for a 96 Chevy 1500 let me know!

Have a great day!

Scott

Scott Williams
Butler Mohr GMAC Real Estate
Defiance, OH

www.DefianceAreaHomes.com