Below Market Rate (BMR)
Below Market Rate (BMR) are part of most major cities
Home Ownership Pays
For many Americans, the best way to build wealth is to pay down a mortgage. The multipurpose investment essentially is a ‘forced savings account.’ The homeowner lives in the house and pays down the mortgage, over time the property appreciates, and eventually it can be sold and potentially net a tidy profit. In the meanwhile, mortgage interest rate and property tax payments are tax deductible.
Mortgage payments help build a homeowner
Real estate commissions are increasing
The housing boom was a sellers market and drove down real estate commissions but with a buyers market sellers have homes on the market for a longer time and therefore are willing to pay more to sell their home. (Go To Article: cnn.com)
abodeblog.com
FSBO not so easy in a buyers market
For sale by owner (FSBO) can save you the brokers fee but in a buyers market it might not be so easy. (Go To Article: cnn.com)
abodeblog.com
Take a Night at the Races to Support Boxers
Lighthouse Boxer Rescue, based in Cleveland, will hold a “Lucky 13″ Night at the Races on October 13 at Sherwood Forest Party Center (12900 Tinkers Creek Road, Valley View). Doors open at 6:30 p.m. and post time is 8:30 p.m.
Cut your energy bills
If your heating and cooling system is more than 20 years old buy a new one for $3,000 to $6,000 to save 25% to 50%.Patch leaky ducts for $500 to $3,000 and to save 10% to 20%.Seal cracks for $500 and to save 10%.Add insulation for $2,000 to $4,000 to save 5% to 25%.Replace old appliances for $500 to $1,500 per machine to save $50 to $150 per year on each machine.
(Go To Article: cnn.com)
abodeblog.com
Getting Away to Praire Peddler in Butler, Ohio
It’s been a while since, I’ve done a “get away” and just saw an advertisement for Prairie Peddler and thought it would be a great event to bring the trips back into vogue.
Prairie Peddler is occuring this weekend on Bunker Hill Road east of Butler, Ohio. It is a classic “throw-back” art show - you know the ones that try to give you a glimpse of what life was like 100 years ago. Of course, at the same time trying to get you to buy lots of trinkets.
The Peddler is open Saturday from 10 a.m. until 6 p.m. and on Sunday from 10 a.m. until 5 p.m. Tickets are $6 for adults, $3 for children 6-12 and free for under-6 with free parking. There will be entertainment all day long - including Just Bluegrass - and lots of foods.
Central Ohio is One of the Nation?s Most Stable!
Forbes Magazine continues to provide its statistically based reports and the latest is great news for central Ohio residents wishing to buy or sell their home.
According to “America’s Most Stable Housing Markets“, Columbus ranks right up there with Seattle and Pittsburgh as some of the best markets in the country to sell a home right now.
Q&A: What is Happening to Downtown Delaware Ohio?
What is going on in downtown Delaware? — Kym, Delaware
I
Self-made condominium
The $40 million, 15-story Cube, in Miami’s Design District, lets buyers design their condominium layout by buying $400,000 cubes on a first-come, first-serve basis, that can be stacked horizontally or vertically. (Go To Article: cnn.com)
abodeblog.com