Columbus and Marion OH Real Estate Blog

Life in Buckeye Lake Ohio

Buckeye Lake is a small town of Central Ohio that is experiencing revitalization. Many who come to visit Buckeye Lake find it very special and end up purchasing real estate to come back frequently or live full-time. The town of Buckeye Lake and surrounding areas near the large actual lake offer year-round opportunities for boating, fishing, a large variety of water sports, some of the best duck hunting spots in the state, ice fishing, snowmobiling, and ice racing with motorcycles and ATVs.Life in Buckeye Lake Ohio | Fun Things to Do

The large Buckeye Lake of course is the main draw to the town of Buckeye Lake in addition to all of the great things to do in Buckeye Lake and on the ice of Buckeye Lake in the winter. There are also several amazing entertainment venues all around the lake’s shores. Entertainment venues around the lake offer lakefront dining, live music, and lakeside golf.

Buckeye Lake is a prime spot for those who love to fish. On Buckeye Lake, it is not uncommon to catch perch, bluegill, crappy, muskellunge, largemouth bass, channel catfish, and bullhead catfish.

In the summer many people from all around come to the town of Buckeye Lake for the Independence Day fireworks over the lake. It is one of the best Fourth of July festivals in all of Central Ohio.

Buckeye Lake is home to cranberry bog a state nature preserve and national natural landmark. Most of the island of cranberry bog is an open moss meadow with an abundance of cranberries and pitcher plants making for one of the most beautiful sites you’ve ever seen.

Some of Buckeye Lake’s most beloved attractions

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Take a Day Trip to Worthington Ohio, You Will Never Want to Leave

Worthington Ohio is one of the most charming towns in America. It is a very popular spot with families that several people instantly fall in love with. If you love a quaint and charming historic town full of beauty and character you will also fall in love with Worthington Ohio very quickly. Come and visit for the day and you will see why so many never want to leave.

Here are some amazing sites to see in Worthington for a great day trip

Take a Day Trip to Worthington Ohio, You Will Never Want to Leave

Old Worthington

As we have mentioned Worthington is a place full of rich history and many amazing and charmingly preserved historic buildings. The best place to check out the history of the area is in Old Worthington where many of the buildings are historic some even date back for nearly 2 centuries. These buildings have been lovingly preserved and well-kept by local residents that love and care for the community. ( A town full of people with community pride is one great reason to move in.) Perhaps the most notable building in the Old Worthington area is the 185-year-old Worthington Inn. The streets of Old Worthington are framed in with brick-lined sidewalks and lamp posts with hanging floral baskets. It is somewhat like a postcard. This portion of the town is filled with several favorite local businesses including restaurants, shops, florists, and more.

Take a Day Trip to Worthington Ohio, You Will Never Want to Leave

The...

The Best Restaurants in Blacklick Ohio

Blacklick Ohio is a very small town that not many people have heard of. While it may not be known by a large majority around the globe it is known and loved to the residents that live there. Blacklick is small enough to enjoy a slower pace of life while still being within a short distance from the large cities of Ohio including Cleveland and Columbus. Though Blacklick may be small it is a town full of community pride and great hidden gems including some very beloved local restaurants.

Here are some of the best restaurants in Blacklick Ohio

best restaurants in Blacklick Ohio

Lantern Chinese Restaurant

This restaurant is located at 7163 E. Broad St. in Blacklick. It receives the highest online ratings of any restaurant in the town and is open from 11 AM to 10 PM. Here you will find great Chinese, Asian, and some American dishes. The restaurant offers takeout as well as in-person dining. Lantern Chinese Restaurant is noted for its amazing customer service, nice atmosphere, and tasty sesame chicken.

best restaurants in Blacklick Ohio

Stadz Pizzeria

This is a great local restaurant that offers you a chance to get to know some of your neighbors as they host an open mic night. This local staple...

5 Things Buyers Should Know When Making an Offer on a Home

When it comes to buying a house in Ohio it is no secret that you are looking for the perfect place to call home to fit your lifestyle and needs. Problem is that today’s seller’s market leaves very little inventory to choose from, even around Central Ohio. Right now the housing inventory is hovering near record lows and the buyer demand is not decreasing. This has made multiple offer scenarios much more normal on every home that hits the market all across the nation.

Here are five things that buyers in Central Ohio should keep in mind when they are ready to make an offer on a home.

Know the numbers5 Things Buyers Should Know When Making an Offer on a Home

Having a complete and thorough understanding of your budget and exactly how much you can afford on a home is crucial. It is very easy to fall in love with a home and wants to outbid another buyer to win the home and make it yours, but it can be very easy to go over an affordable budget by doing so. The best way to make sure you stay within your affordable budget is to get preapproval on a home loan before you begin your home search. Taking this step will allow you to see how much you are eligible to borrow and it will help to communicate the seriousness of your offer to the homeowner when you do find a home you would like to purchase. Including your preapproval letter shows that you are much more likely to be approved for your home loan and that you are ready to take the next step when you make your offer. It just may give you a little bit of an edge above the competition as well.

Be prepared for a much faster pace

Today’s home sales are much more fast-paced than...

Why Do Sellers Have to Pay the Closing Costs?

Closing cost is expensed over and above the seller's property cost before completing a real estate transaction. Examples of typical closing costs include fees related to the origination, underwriting of mortgage, real estate commission, insurance, and record filing. A big question that has been chiefly asked is, "Why should sellers pay for buyers' closing costs?"Do Sellers Have to Pay the Closing Costs?

Before we dive deep into why sellers should pay closing costs, we can give a simple explanation. You as a seller should pay the closing costs because it will translate to selling your home faster and even putting in more money to your account. If that does not sink deep, here is a full explanation from the genesis so that you can understand why home sellers have to pay closing costs. Nevertheless, before that, below are situations when you will be pushed to pay for buyers closing costs. 

  • If you reside in a hot area whereby prices are upscaling, inventory is low, and competition is raging.
  • When your property has overstayed in the market due to poor condition or higher prices quoted.
  • When you want to list and sell your home faster.
  • Helping the cash strapped who find it hard to raise down payment and close on closing costs at a go.
  • When you are in a buyers' market, and competition is stiff.

Sellers incur few expenses, but they spend a lot during closing. They deliver a real estate commission of 6% of the total purchase to buyers and sellers' agents. They also...

6 Great Tips for Selling Your Ohio Home

6 Tips to Increase Your Home Value with Upgrades and Updates

 When it comes to selling Columbus, Ohio homes, we’ve found that a few strategically planned upgrades and updates can help to increase the value of a house.

Are you planning to sell your home soon and searching for updates you can complete to demand a higher price? Or maybe you want to build equity in it? Either way, you can use the tips we’re sharing below to improve your home and increase its value. 

6 Ways to Improve the Value of Columbus, Ohio Homes

Let’s explore possible renovations and updates to your home by “walking through your home” with the eyes of a buyer.

1.      Invest in Landscaping

Check out your curb appeal by looking at what you already have. Do your bushes or trees need trimming? Does the garden require weeding?

If you have bare areas, opt for established plants that will continue to come back every year. Another way to make your yard look like less of a responsibility to possible buyers is to opt for native trees that require little attention.

 2.      Complete Imminent Repairs 

Unless they’re buying a house with plans to renovate, no one wants their new home to come with a to-do list. If the roof, water heater, or air conditioning unit is coming due for replacement soon, handle it before placing the house on the market.

A fresh coat of exterior paint is an affordable aesthetic improvement that you can take care of too. A new buyer will feel more comfortable knowing that it won’t need to be done again for a few years. 

3.      Add More Space

Open up the floor plan by removing non-load bearing walls that can make the home feel confined. You could also finish your Columbus,...

3 Questions to Ask Before Buying Your Dream Home

3 Questions to Ask Before Buying Your Dream Home

If you are debating purchasing a home right now, you are probably getting a lot of advice. Though your friends and family will have your best interest at heart, they may not be fully aware of your needs and what is currently happening in the real estate market.

Ask yourself the following 3 questions to help determine if now is actually a good time for you to buy in today’s market.

1. Why am I buying a home in the first place?

This truly is the most important question to answer. Forget the finances for a minute. Why did you even begin to consider purchasing a home? For most, the reason has nothing to do with money.

For example, a recent survey by Braun showed that over 75% of parents say “their child’s education is an important part of the search for a new home.”

This survey supports a study by the Joint Center for Housing Studies at Harvard University which revealed that the four major reasons people buy a home have nothing to do with money. They are:

  • A good place to raise children and for them to get a good education
  • A place where you and your family feel safe
  • More space for you and your family
  • Control of that space

What does owning a home mean to you? What non-financial benefits will you and your family gain from owning a home? The answer to that question should be the biggest reason you decide to purchase or not.

2. Where are home values headed?

According to the latest Home Price Index from CoreLogic, home values are projected to increase by 5.3% over the next 12 months.

What does that mean to you?...

Is Getting a Home Mortgage Still Too Difficult?

Getting a Home Mortgage

There is no doubt that mortgage credit availability is expanding, meaning it is easier to finance a home today than it was last year. However, the mortgage market is still much tighter than it was prior to the housing boom and bust experienced between 2003 - 2006.

The Housing Financing Policy Center at the Urban Institute just released data revealing two reasons for the current exceptionally high credit standards:

  1. Additional restrictions lenders put on borrowing because of concerns that they will be forced to repurchase failed loans from the government-sponsored enterprises or Federal Housing Administration (FHA).
  2. The concern about potential litigation for imperfect loans.

What has been the result of these concerns?

6.3 Million Less Mortgages

The Policy Center report went on to say:

“It was so hard to get a mortgage in 2015 that lenders failed to make about 1.1 million mortgages that they would have made if reasonable lending standards had been in place. From 2009 to 2014, lenders failed to make about 5.2 million mortgages thanks to overly tight credit. In total, lenders would have issued 6.3 million additional mortgages between 2009 and 2015 if lending standards had been more reasonable.”

In an interview with DSNews, Laurie Goodman and Alanna McCargo of the Policy Center further explained:

“Our Housing Credit Availability Index (HCAI)* measures the probability that mortgage borrowers will...

Selling in the Winter Attracts Serious Buyers

Selling in the Winter Attracts Serious Buyers

A recent study of more than 7 million home sales over the past four years revealed that the season in which a home is listed may be able to shed some light on the likelihood that the home will sell for more than asking price, as well as how quickly the sale will close.

It’s no surprise that listing a home for sale during the spring saw the largest return, as the spring is traditionally the busiest month for real estate. What is surprising, though, is that listing during the winter came in second!

“Among spring listings, 18.7 percent of homes fetched above asking, with winter listings not far behind at 17.5 percent. While 48.0 percent of homes listed in spring sold within 30 days, 46.2 percent of homes in winter did the same.”

The study goes on to say that:

“Buyers [in the winter] often need to move, so they’re much less likely to make a lowball offer and they’ll often want to close quickly — two things that can make the sale much smoother.”

Bottom Line

If you are debating listing your home for sale within the next 6 months, keep in mind that the spring is when most other homeowners will decide to list their homes as well. Listing your home this winter will ensure that you have the best exposure to the serious buyers who are out looking now!

The study used the astronomical seasons to determine which season the listing date fell into (Winter: Dec. 21 – Mar. 20; Spring: Mar. 21 – June 20; Summer:...

Have You Saved Enough for Closing Costs?

Have You Saved Enough for Closing Costs?There are many potential homebuyers, and even sellers, who believe that they need at least a 20% down payment in order to buy a home or move on to their next home. Time after time, we have dispelled this myth by showing that many loan programs allow you to put down as little as 3% (or 0% with a VA loan).

If you have saved up your down payment and are ready to start your home search, one other piece of the puzzle is to make sure that you have saved enough for your closing costs.

Freddie Mac defines closing costs as:

“Closing costs, also called settlement fees, will need to be paid when you obtain a mortgage. These are fees charged by people representing your purchase, including your lender, real estate agent, and other third parties involved in the transaction. Closing costs are typically between 2 and 5% of your purchase price.”

We’ve recently heard from many first-time homebuyers that they wished that someone had let them know that closing costs could be so high. If you think about it, with a low down payment program, your closing costs could equal the amount that you saved for your down payment.

Here is a list of just some of the fees/costs that may be included in your closing costs, depending on where the home you wish to purchase is located:

  • Government recording costs
  • Appraisal fees
  • Credit report fees
  • Lender origination fees
  • Title services (insurance, search fees)
  • Tax service fees
  • Survey fees
  • Attorney fees
  • Underwriting fees

Is there any...