About Defiance County, OH

100% Home Financing is Still Around

Over the past two years we have seen some rough times when it comes to getting financing for a home loan. With the melt-down or mortgage crisis we see everyday in the news we have seen the tightening up of available loans that offer 100 percent financing for the purchase of a home and many people believe that they are all gone. Well, there's good news as the 100 percent loan is not dead. In fact, there is a program available in most of northwest Ohio that is even better than the 100 percent loan. It's called the USDA Rural Development loan and it is a great program to assist people in buying a home. The USDA RD loan is a government-backed loan that offers 100 percent financing to people who qualify. It's flexible as each loan application is manually underwritten and not necessarily credit score driven but rather credit driven.

The USDA RD program is intended for low to moderate income families in RD "eligible" areas. All homes in Defiance, Paulding, Williams, Henry and Putnam counties meet this eligibility requirement. This program is quite exciting as it offers 30 year fixed rate loans at competitive rates, has no premium mortgage insurance requirements (PMI), allows up to 6 percent in seller concessions or seller assistance, and allow for some repair costs to be financed into the loan. Together with the new tax credit that is available for first-time homebuyers, this loan program can get a homebuyer in a home and not only has the possibility of being a "no money down" deal, but can be a purchase one can have significant equity in.

If you have been considering buying a home but have been sitting on the fence thinking you didn't have the money to put down on a home, then this great program may be just what you are looking for. Combined with the great rates, the high inventory of available homes, and the tax credit, this loan is a very powerful tool in the home buying process. As with any program, there are eligibility requirements to qualify, but if you are interested in more information about this exciting program contact me by email at Scott@butlermohr.com.

Scott M. Williams is a licensed real estate agent for Butler Mohr GMAC Real Estate for comments or questions contact him at Scott@butlermohr.com

www.DefianceAreaHomes.com

We recently had a buyer's fair at our local mall that was a wonderful success. I thought that it would be appropriate to share the news release that we had placed in the paper.

Top Left - Liz Keel Maumee Valley Planning, Gary Butler, Butler Mohr GMAC Real Estate, Bottom Left - Scott Williams & Dawn Carpenter of Butler Mohr GMAC Real Estate.

FOR IMMEDIATE RELEASE Contact: Gary Butler Butler Mohr GMAC Real Estate 419-784-4500 gbutler@butlermohr.com Butler Mohr GMAC Real Estate Offers Unique HOME BUYERS FAIR Free Event on Saturday, September 20, 2008 to Feature Panel of Experts to Answer Your Questions on Home Ownership Defiance, Ohio (Grassroots Newswire) 09-10-2008 - Want up to $7500 incentive to help buy a home? The Federal Government has signed a New Law to make your home-buying dreams a Reality!

Butler Mohr GMAC Real Estate is offering Free Information featuring local experts that will explain how you can take advantage of this new incentive! We want you to know how the home buying process will work with the new tax credit.

To help clearly understand the ins and outs of purchasing a home and the opportunities and challenges it presents, Butler Mohr GMAC Real Estate is offering consumers in Northwest Ohio a unique and comprehensive showcase on buying a home.

"What You Need to Know Before Buying a Home" is free and open to the public, and will be held from 11:00 a.m. to 4:00 p.m. on September 20, 2008. It will take place at the Northtowne Mall, Defiance. While the event is free, advance registration can be made by calling 419-784-4500. Refreshments will be served.

"Across the nation, it is a buyers market," said Gary Butler. "Surveys have shown that baby boomers in particular have been fueling this market segment as they take advantage of favorable interest rates and their desire to enjoy an increasingly mobile lifestyle. Buying a home is an exciting adventure. But like all home transactions, it can be complex, and doing your homework is critical. And that's where our event comes in."

Offered as a community service, "What You Need to Know Before Buying a Home" will explore all facets of searching for and buying a home, including criteria to consider if you're just starting out, looking to downsize, for investment purposes, or tax issues, just to mention a few.

Representatives for the area include Butler Mohr GMAC Real Estate, First Federal Bank, The State Bank & Trust Company, Maumee Valley Planning , American Home Shield, Union National Bank, Terry Schultz Home Inspections, and Bi-State Home Inspections. For more complete information call 419-784-4500.

Butler Mohr GMAC Real Estate has 18 Sales Associates serving the Northwest Ohio. Its main office is located at 815 E. Second Street, Defiance. GMAC Real Estate has more than 1,000 real estate brokerage offices and nearly 20,000 agents in the U.S., Puerto Rico, and Canada.

I've always been a PC person my whole life but I really wanted to see if I could accomplish using the applications on a Mac in order to try and do some different things in my local market in the Defiance, Ohio area.

I have to admit getting use to the Mac has taken a little time for me and I've definitely run into some snags with other areas of my business and integrating them with the Mac, but it's been well worth it.

One of my favorite programs is the iMovie program. I been working on it and making a series of videos for my office. I'm excited about the possibilities to come through it.

I've placed one of my videos on the front page of my website, and have placed it on Youtube for you to look at. Click HERE to see it.

If you've thought of the switch you can contact me and I'll try to help you with the transition.

Thanks,

Scott

There are so many Real Estate companies that try to prove why you should choose them when buying or selling a home.

So, today I'm writing to tell you why you shouldn't choose me or my brokerage when you buy or sell your home.

Let's begin.

1) You should avoid Butler Mohr GMAC Real Estate because if you use us you will get Premiere Service and who wants to be treated with the trust and respect that you expect and deserve. Who wants to be happy anyway?

2) You should avoid Butler Mohr GMAC Real Estate because if you do use us we would sell your house and then you would have to get rid of the ultra hip yard sign and you wouldn' be part of the "cool" crowd anymore and the envy of the neighborhood sporting a agency sign in the yard.

3) You shold avoid Butler Mohr GMAC Real Estate because you would then be associated with a company that cares about the community and is actively involved in the lives of the people. Why would anyone want to work with a company that cares about the community it works in?

Relay for Life 2008 Fundraiser

4) You should avoid Butler Mohr GMAC Real Estate because saving money on the services they offer through their Home Rewards program is irresponsible in today's economic times. Real estate companies should not be trying to save their customers money.

5) You should avoid Butler Mohr GMAC Real Estate because they try to keep up with all that new fangled stuff on the internet like blogs, websites, virtual home tours, linkedin, active rain, Twitter etc. People need companies that rely on doing things "like we've always done them" because that's how their parents did it back in the old days.

Well, there you go 5 Reasons you should avoid using Butler Mohr GMAC Real Estate. If you don't agree with them why don't you drop me a note or give me a call and I will show you tons of reasons why you SHOULD Chose Butler Mohr GMAC Real Estate.

Hope this helped you out in your home buying and selling process.

The new St. Rt. 24 construction is progressing quickly with many big changes apparent already. This new highway will bring a world of opportunity to many Northwest Ohio residences, including myself and my home inspection company. The biggest opportunity will be having a more efficient & quicker road to Toledo, OH, a major Ohio city, and Ft. Wayne, In, a major Indiana city. There will now be "big city opportunities" including jobs, entertainment, and sports, a quick drive away. No matter what business you're in, this is going to be a tremendous benefit to many, especially for the city of Defiance - right smack dab in the middle. Change is coming, how will you benefit?