Home Buyers Look for Deals : Discover Columbus

Discover Columbus

Mar. 18, 2008 - Home Buyers Look for Deals

The headline of WOSU article: "Potential Homeowners Look For Deals." The article quotes the Columbus Board of Realtors about the January 2008 inventory in Central Ohio but says "buyers beware" that they may need six months of mortgage payment up front.

As part of the downpayment? Reserves?

FHA financing to the rescue.

New FHA limits, effective March 5, 2008 Buyer Quiz... take the quiz but here's a hint on one question. Buyers do not need two months of reserves... much less six.

What happened in the mortgage market in the past six years? Why do we have so many foreclosures nationally? The Movie

I'd love to hear from you if you have a comment on the topic of financing or buying a home. All comments are moderated so you will not see your comment immediately. Thanks. Copyright 2008 Discover Columbus and Maureen McCabe

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Discover Columbus is a site about Columbus Ohio. Originally named "Columbus Best Blog," it was never the best blog in Columbus Ohio. It was a blog about the best in Columbus and Central Ohio! Best restaurants, best real estate company, best schools, best neighborhoods..... written by Maureen McCabe a licensed real estate agent with Columbus Ohio's best real estate company, Real Living HER. Discover Columbus is just a site about Central Ohio.