The Cunningham Group

First Time Home Buyer Downpayment Assitance is Available Again in Ohio

2009-02-06T20:22:00Z

Ohio Housing Finance Agency
Mortgage Revenue Bond Program

Just in from Ohio Housing.......

If you are a first time home buyer and think you can't buy a house because you don't have money for a downpayment...well there is help out there from the Ohio Housing Finance Agency.

Who qualifies as a first time home buyer for this program? Anyone who has not owned a home in the past 3 years and your household income does not exceed the parameters for your specific area of the state. ( this information can be found on OHFA's website) The First-Time Homebuyer Program mortgage rates are 5.875% unassisted (you have downpayment money) and 6.375% assisted you need downpayment assistance).
The Heroes Program rates will change to 5.625% unassisted and 6.125% assisted. A hero is someone who works as a firefigher, police officer, teacher, active military, reserve and veterans and certain members of the medical community (visit the OFHA website for specifics).

The assistance is a 2.5% down payment/closing cost assistance grant. Borrowers must complete Home Buyer Education in order to qualify.

Please let us know if you have any questions or if we can direct you to a lender familiar with this program. We have had a lot buyers benefit from this program in the past and hope to help many in the future. Once you have your financing in order, we at the Cunnigham Real Estate Group at EXIT One Realty can assist you in finding your new home Thank you

Price Reduced $3,000 on 2932 Blossom Ave in Pinewood Colony

2009-01-01T14:23:00Z

Pinewood Colony, Columbus - Announcing a price reduction on 2932 Blossom Ave, a 1,316 sq. ft., 2 bath, 3 bdrm bi-level. Now MLS® $100,900 - .

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1255 Elm Park Pl in Village Park is Sold!

2008-11-28T22:27:00Z

Village Park, Galloway - The single story at 1255 Elm Park Pl has been sold.

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Secret Delaware area Luxury Condominiums for Sale

2008-09-24T19:46:00Z

If you are in the market for a luxury condominium and want to be close to the areas of Powell, Delaware, Lewis Center and Polaris area; we came across a beautiful project just north of Orange Rd. off Rt. 23. Single floor living with finished lower levels, most of which are walk outs. This community is tucked back in the trees with many ravine lots. Close to the hustle and bustle but hidden away from it all. Prices starting in the $300's. Let us know if you want to know more.

5531 Karl Rd. in Forest Park is Sold!

2008-08-02T17:47:00Z

Forest Park, Columbus - The ranch at 5531 Karl Rd. has been sold.

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976 Meadow Downs Trail in Westbend is Sold!

2008-06-19T21:20:00Z

Westbend, Galloway - The bi-level at 976 Meadow Downs Trail has been sold.

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5260 Meadowknoll Ln is Sold!

2008-06-16T18:44:00Z

Meadowlands, Columbus - The 2 story condominium at 5260 Meadowknoll Ln has been sold.

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1867 Tobago Dr. in Kings Lakes is Sold!

2008-03-19T16:18:00Z

Kings Lakes, Columbus - The 2 story at 1867 Tobago Dr. has been sold.

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1518 Sargas St. in Village At Polaris Park is Sold!

2008-03-19T16:16:00Z

Village At Polaris Park, Columbus - The 2 story at 1518 Sargas St. has been sold.

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You May Be Able To Prevent Foreclosure. Check Out Ohio's Save the Dream Foreclosure Prevention Effort.

2008-03-18T13:45:00Z

There are many reasons today affecting Ohio homeowners ability to make keep their mortgage payments current; causing many to possibly lose their homes to foreclosure. It's not just bad lending practices of the past few years, there's also job loss, the death of a spouse or partner, illness and divorce.

It is very important to contact your loan servicer at the first sign you may have trouble making your mortgage payment and explain your situaution and see if you can participate in a workout resolution. If you know that the foreclosure process as started still contact your loan servicer and contact a U.S. Department of Housing and Urban Development approved housing counselor to discuss your options.

Please check Ohio's Save the Dream Website for more detailed information and important contact information. You Just May Be Able To Save Your Home.
www.SaveTheDream.Ohio.gov

Central Ohio Home Buyers Are Starting to Buy...

2008-02-11T01:00:00Z

especially 1st time buyers!! The market for homes priced Under $150k are beginning to be gobbled up. If you are in the market for a home the 1st thing you need to do is to get per-qualified for a home loan. Why is this important? First off so you know exactly home much home you can buy so you don't fall in love with a home you can not afford. Secondly when you do find the right home and you are pre-qualified you are essentially a cash buyer. If you do not have a pre-qualification the seller may not even consider your offer and /or you risk losing the home to another qualified buyer. Also the HUD/Foreclosure market is gaining momentum and all buyers MUST be pre-approved for their offer to be looked at.

The market for homes priced at $150K and below seems to be heating up! I set up 7 showings for a buyer this week 2 days in advance and the next day only three of the seven were available.

VERY IMPORTANT: When requesting a prequalification from your lender, be sure they check ALL of your pertinent information and not give you a pre-approval based on some brief information you give over the phone. You do not want to be in a situation where you are in contract on your dream home and all of a sudden the lender finds a problem with your credit and you can not move forward. It does not cost anything to be prequalified of ahead od time and it could save you lots of time and headaches to be ready. Also be sure to ask the lender for a good faith estimate; this will give you and idea of payments and the cost of closing the loan and check with your Realtor® to see if the closing costs look reasonable.

Sellers be sure that the buyer who wants to purchase your home is a qualified buyer so you won't be wasting your time.

Please feel free to visit our website www.opentoexit.com to begin the search for your new home.

2258 Springmont Ave in Hazelwood is Sold!

2008-02-06T01:20:00Z

Hazelwood, Columbus - The single story at 2258 Springmont Ave has been sold.

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3488 Stokey Ct. Sold in 65 Days!

2008-01-09T01:18:00Z

Virginia Terrace, Columbus - The 3-level split at 3488 Stokey Ct. has been sold.

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5146 Norton Rd. in Pleasant Township is Sold!

2007-12-28T02:03:00Z

Pleasant Township, Grove City - The 3-level split at 5146 Norton Rd. has been sold.

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2518 Sunbury Dr. is Sold!

2007-12-14T18:05:00Z

Columbus - The bi-level at 2518 Sunbury Dr. has been sold.

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