Posted by Paul Sian on Friday, October 23, 2015 at 7:47 PMBy Paul Sian / October 23, 2015Comment
Northern Kentucky Real Estate Market Report
Want to know what happened during the September 2015 Northern Kentucky Real Estate Market sales period? You have come to the right place. Read on to get the latest statistics and information in the September 2015 Northern Kentucky Real Estate Report. While home sales were a bit lower number wise due to the summer break, August continued to show strength compared to last year in the Greater Cincinnati area.
In September there were 169 homes that closed during the month for Boone County, 114 for Campbell County and 209 homes that closed for Kenton County and . Homes that went pending in September were 123 for Boone, 63 for Campbell County and 115 for Kenton.
The average listing price for homes in the Boone County area was $241,225.00 with an average selling price of $199,476.00.
Boone County homes during the September time frame were on the market (Days on Market) for an average of 91 days.
There are currently 676 homes available for sale in Boone County.
The average listing price for homes in the Campbell County area was $222,841.00 with an average selling price of $159,312.00.
Campbell County homes during the September time frame were on the market (Days on Market) for an average of 129 days.
There are currently 447 homes available for sale in Campbell County.
The average listing price for homes in the Kenton County area was $207,224.00 with an average selling price...
Posted by Paul Sian on Tuesday, October 20, 2015 at 7:42 PMBy Paul Sian / October 20, 2015Comment
For this podcast I sat down with Pam Paulson, Regional Account Manager with Home Loans Assist. During our conversation we discussed credit rating, the impact of bankruptcy on credit, types of debt and more. This podcast is helpful for those about to purchase a home who are wanting to learn about how their credit will impact them. I hope you enjoy the podcast and find it informative. Please also consider sharing with those who may find it useful.
Posted by Paul Sian on Monday, October 19, 2015 at 8:49 PMBy Paul Sian / October 19, 2015Comment
Greater Cincinnati Real Estate Market Report
Want to know what happened during the September 2015 Cincinnati Real Estate Market and Northern Kentucky Real Estate Market sales period? You have come to the right place. Read on to get the latest statistics and information in the September 2015 Greater Cincinnati Real Estate Report. Home sales continued to show strength and with the start of school and people returning home from vacation there has been a slight increase in homes for sale as compared to the summer overall.
Cincinnati, Ohio - Hamilton and Clermont Counties
In September there were 981 homes that closed during the month for Hamilton County and 256 homes that closed for Clermont County. Homes that went pending in September were 807 for Hamilton and 211 for Clermont County. Pending status means they had an offer accepted and were awaiting closing pending inspections, appraisals, financing etc.
The average listing price for homes in the Hamilton County area was $243,347.00 with an average selling price of $183,133.00.
Hamilton County homes during the September time frame were on the market (Days on Market) for an average of 86 days.
There are currently 3,585 homes available for sale in Hamilton County.
The average listing price for homes in the Clermont County area was $216,433.00 with an average selling price of $169,295.00.
Clermont County homes during the September time frame were on the market (Days on Market) for an average of 78 days.
There are currently 916 homes available for sale in Clermont County....
Posted by Paul Sian on Thursday, October 15, 2015 at 8:43 PMBy Paul Sian / October 15, 2015Comment
How To Sell An Inherited Home
Through unfortunate circumstances you may find yourself in the possession of a home by inheritance. It may be that you already own a home and don’t want to change houses or that you live in another area and selling the inherited house is a better option for you. Whatever the reason for wanting to sell the inherited home you will want to make sure that the home sells quickly and properly so that you are not stuck paying expenses on the home.
Inherited Home Ownership
Upon passing of a relative who previously owned the home a process called Probate is normally started. With Probate the relative’s will is filed with a probate court where a probate judge will review and determine if the will is indeed from your relative and was properly signed to make it valid. If there are any disputes as to the will from those who would inherit from the will those disputes will be handled by the probate judge in court.
In certain states probate can be completely avoided with respect to real estate by use of a Transfer Upon Death deed. Not every state offers a Transfer Upon Death deed and that type of transfer document needs to be signed before the real estate owners death. The Transfer Upon Death deed allows the property to go directly to whomever the current owner wants it to go and completely skips the probate process. Consult with a local attorney to see if this option is available for you.
If there are no disputes with regards to the will’s authenticity the probate judge will then begin the process of transferring assets from ownership of your deceased relative to those who...
Posted by Paul Sian on Tuesday, October 6, 2015 at 10:23 PMBy Paul Sian / October 6, 2015Comment
Should I Use A Discount Broker To Sell My Home?
Now that you have prepared your home to sell with these great tips, you may be wondering what is the value of a regular real estate brokerage versus a discount brokerage. After all you can get great deals at your local big box store and save money rather than spending it on a more expensive version. While you can get a better deal at a big box discount store the question remains will you get a better value? The same applies with a traditional real estate brokerage versus a discount brokerage, you may be getting a better deal up front by saving on the commission but what is the long term cost to you in terms of your home selling price and help in getting to the closing table?
What a Discount Brokerage Can Provide
Discount brokerages vary in their business models. Some will offer more service for a slightly reduced commission, whereas others offer you nothing other than listing your home on the Multiple Listing Service (MLS) with a flat fee or large discount on commission. The amount of services they provide will also vary based on the business model those brokerages choose to follow.
Be on the lookout for any of these discount or deep discount brokerages that cut the commission paid to the buyer’s agent. In all fairness the buying and the selling agents should be getting an even 50/50 split commission. Discount brokerages that cut the buyer commission while keeping their own commission high are only hurting you as the home seller in the long run since...
