Toledo Area Blog About it

                      3 Inspirational Good Quotes

"Money is like manure, it's not worth a thing unless it's spread around encouraging young things to grow."  by Thorton Wilder

" When I chased after money, I never had enough.  When I got my life on purpose and focused on giving of myself and everything that arrived into my life, then I was prosperous."  by Wayne Dryer

"Yesterday is gone. Tomorrow has not yet come. We have only today. Let us begin. "  by Mother Teresa

Home Buyers get a look at this Maumee home for sale.  I've seen many homes and see the changing needs of today's families, which this home offers.   

What I found to be so special about this home is that it offers many separate areas that each family member can enjoy.  A Living Room, Family Room and also a relaxing Sunroom.  Built in's for organization, fireplace, sunlight, moldings and stunning extras.  While everyone enjoys their space they can also join together in a beautiful dinning room with Pillars and Tray Ceiling. 

Put 7921 Clover Creek in Maumee Ohio on your wish list and book viewing today.   

As soon as I walked into this Home my eyes couldn’t stop. In every corner there was something special. From the large windows to the Pillars, Moldings, Fireplace, built ins and Ceiling details. And that wasn’t all, it had a built in sound system, 5 bedroom and Quality Kitchen from top to bottom.

As I continued throught the home I began to expect only the best, one of the Most Stunning Master Bedrooms I have ever seen. If you have a wish list, this home will exceed your expectations.

This home on 4246 Back Ridge Way in Monclova Ohio will exceed anyones Wish List, plus more. It’s for Buyers who won’t settle for less and want the absolute Best. See for Yourself! MLS # 5001203

Discover assistance with Sylvania, Perrysburg and Toledo Area listings. Specifically representing home buyers and sellers with information on Sylvania Ohio real estate, Perrysburg, Maumee Ohio, and Toledo Area needs whether you are buying, building or selling.

Maumee Home with So Much to Offer- 7910 Quail Creek. !
If your a buyer who wants it all, this home should be on your list. You walk into a Two Story foyer and tray ceilings, open floor plan and all details completed. The home owner hasn’t missed a thing, from the custom blinds, custom master closet, R-32 Insulation to the wonderful Theater Room / Exercise Room in the Basement. Many of those little extras you add to a home after the purchase is already done. You may be busy but this home will be worth the visit. The neighborhood allows for access to the Quarry and the Landscape could only be described as Perfect. MLS# 5001216

* 5 Bedroom
* 4 1/2 Bathrooms
* Updates & Upgrades
* Largest Lot in the Neighborhood
* Raised Tray Ceilings
* Custom Plantation Blinds
* His & Her Closet with Organizers
* Landscaped with over 16 Trees for added Privacy
* Two Story Foyer
* Kitchen with Granite, Cabinet Lighting, Pull out drawers and High Quality in every corner.
* Finished Basement- Theater Room, Exercise Room, Surround Sound.
* Security System
* Sprinkler System
* R-32 cellulose energy control insulation.

With Everything this Maumee Home has to offer in comparables on the market, this home Will Be on Buyers Top Choice and should sell quickly. So Book your viewing before it sells. Contact me by Email.

Discover assistance with Sylvania, Perrysburg and Toledo Area listings. Specifically representing home buyers and sellers with information on Sylvania Ohio real estate, Perrysburg, Maumee Ohio, and Toledo Area needs whether you are buying, building or selling.

                Nearly One out of Every Two Mortgages- Underwater in Ohio

According to the Newest Information from CoreLogic Data, if your mortgage is underwater, your not alone. Data from Mortgage Bankers Association & CoreLogics is reporting a dramatic increase in negative equity and a need for Mortgage Loan & Foreclosure Reform. 

Ohioians - Ohio joins California, Florida, New Jersey, Illinois and Arizona as the top states in the nation with the most number of properties either IN or approaching negative equity position, according to the report. Of the 2.2 million outstanding mortgages in Ohio, 45.6 percent - more than one million mortgages - are already underwater or close to it.

"In addition to the 7,000 or so foreclosures each month in Ohio, we have more than one million mortgages in a very fragile position,” said Bill Faith, executive director of the Coalition on Homelessness and Housing in Ohio, and an advocate for House Bill 3, foreclosure reform legislation. “A slight increase in unemployment could push tens of thousands more into the foreclosure pipeline. A million mortgages on the edge of crisis should push the Ohio Senate to make foreclosure reform the top priority.” 

Contact your Representative. by zip code. Search for your Governor by state.  Send your ideas: be it, short term mortgage adjustments, equity adjustments or extensions till Jobs are Created.  

“With negative equity so high, a sustainable loan modification makes sense for everyone, including the owners of the mortgage.” said Faith. “For lenders, homeowners and communities in Ohio, HB 3 would turn losing into winning.”

A solution and plan needs to be inforced before every state joins the 1 out of 2 Mortgages on the negative equity list.  Creative thinking is needed and your representatives need to hear your ideas and suggestions.  

See Your States Mortgage Equity Statistics from Corelogic Data on page Three.

                                Mortgage Interest Rate for Oct. 2009
Mortgage interest rates dropped below the 5 percent threshold in October, enabling buyers and facilitating market activity across the country. Freddie Mac is reporting that the average commitment rate for a 30-year, conventional fixed rate loan has dropped to 4.96 percent, down from a September low of 5.06 percent.

"Mortgage interest rates last month were the third lowest on record dating back to 1971," according to Lawrence Yun, chief economist for the National Association of Realtors. In November, Freddie Mac reported another decrease in the 30-year rate to 4.83 percent. "With the abnormal drop in home prices over the past few years, the price-to-income ratio has fallen below the historic trend line," Yun said. “This is adding to the buying power of the typical family, with affordability conditions this year at the highest on record dating back to 1970, but prices are beginning to flatten and are poised to rise next year."

               Good News for the Jeep High Resale Value


The Kelly Blue Book's newest Study noted the Jeep Line up including the Toledo Liberty and Wrangle to have highest resale value amoung Domestic Brands.  Last year not one U.S Brand made this list.  Kelly predicted that current models of the Jeep Vehicles will be worth 35.7 % in 5 years, which would make it the sixth-best value amoung poplar brands. 

 The 2010 Jeep line was the only U.S.-owned brand to make the vehicle pricing service's top 10.

We all know the downturn in the economy has hit the real estate market hard.    Kelley officials said, "Consumers are feeling the pinch not just in the depreciation of their home but also in the value of their vehicles." 

"It's great news for us," said Dan Henneman.  Jeep vehicles, especially the Wrangler, remain popular with buyers. Because of that, they don't last long in classified and Internet listings, he added. Among Wrangler models, the four-door Rubicon is among the most popular.

Officials of Kelley Blue Book said their projections are based on current vehicle data, market conditions for each vehicle, competition in each segment, expectations of the economy, and input from Kelley statisticians, economists, and pricing analysts.

 The firm's projections for Jeep offered a bright spot in an otherwise gloomy report for Chrysler.

 The 2010 Ford Taurus ranked as the best resale value among full-size cars and the Chevrolet Camaro SS was tops among high-performance cars.

The National Association of REALTORS (NAR) reported a 10 percent increase in existing home sales, while inventory fell 3.7 percent. Existing homes sales are on pace to reach 6.1 million units by year's end, are up over 23 percent from the same time a year ago.

Much of the recent activity was sparked by first time buyers looking to take advantage of an $8,000 tax credit, which was initially due to expire at the end of November. NAR expects market demand to remain strong as the tax credit program has been extended and expanded through April 30.

Current inventory levels in all price ranges have dropped to 3.57 million units nationally, creating a 7-month supply. "Low-end inventory has become very tight in many areas and in some cases buyers are becoming more aggressive," explained NAR president Vicki Cox Golder. Multiple offers are not uncommon in the lower price ranges, and foreclosed properties are selling more quickly.

Here is another program available that may not be for you but worth review.  The Government Downpayment Assistance Program in Toledo may be for you. 

                         Extended Home Buyers Tax Credit

The Extended Home Buyers Tax Credit offers current homeowners and first-time home buyers alike an incredible tax-saving opportunity when they buy a home through April 30, 2010. Here are the details:

First time buyers, who haven't owned a primary residence in the past three years, are eligible for a tax credit of 10 percent of a home's purchase price, up to a maximum of $8,000.

Current homeowners, who are vacating a principle residence that they have lived in for 5 of the past 8 years, are eligible for a tax credit of 10% of a home's purchase price, up to maximum of $6,500.

The following conditions apply:

• Full tax credit is available to buyers earning up to $125,000 a year, or $225,000 for married couples filing jointly
• Partial tax credit is available to buyers earning between $125,000 to $145,000, or for married couples earning between $225,000 to $245,000
• The tax credit is only awarded on homes purchased for $800,000, or less
• Under the rules, as long as a written binding purchase contract is in effect on April 30, 2010, the buyer has until July 1, 2010 to close

The tax credit is a dollar-for-dollar reduction in the buyers tax liability, and does not have to be paid back as long as the buyer remains in their home for three years or more. This is a once-in-a-lifetime offer to have Uncle Sam help you buy a house. Don't let this opportunity pass you by!

If this doesn't answer your questions:  We have many ways to learn more about this Tax Credit.  Search through the blog under stimulus package to find some simple Video's that help buyers evaluate if they can qualify.   Feel free to contact me and I can go over this Tax Credit in more detail. 

               Christmas Lights in Toledo, Perrysburg, Sylvania, Maumee

Ageless Child's Christmas
107 Birch Drive, Rossford, Ohio
5:30 to 11:00 pm S-Th, 5:30 to Midnight Fri. & Sat.
57,000 lights synced to 8 Trans-Siberian Orchestra songs
Listen to the lights on 97.7 FM
http://www.TheAgelessChildsChirstmas.com

Lights On Lime City at Cedar Creek Church - Promo Video
Perrysburg, Ohio
160,000 lights
http://www.CedarCreek.tv

Merry Digital Christmas
Marble Cliff Blvd, Sylvania, Ohio
5:00 to 11:00 pm S-Th, 5:00 to 12:30 Fri. & Sat.
10,000 Lights Synced to music by Mannheim Steamroller and the Trans-Siberian Orchestra
Listen to the lights on 106.9 FM
http://www.MerryDigitalChristmas.com

Bixler Light Show
536 S. Harefoote St., Holland, Ohio
6:00 to 10:30 pm S-Th, 6:00 to 11:00 pm Fri. & Sat.
Over 65,000 lights on 34 Light-O-Rama Channels Channels
Listen to the lights on 90.1 FM

3rd Anual Urie Christmas Light Show
12190 Jefferson St., Perrysburg, Ohio
6:00 to 10:30 pm, nightly through January 2nd.
Listen to the lights on 89.9 FM

Depinet Christmas Light Show
930 Charles St., Bowling Green, Ohio
20,000 Lights on 64 Light-O-Rama Channels
Listen to the lights on 94.1 FM
http://www.DepperLights.com

Light-A-Palooza
2555 Scottwood St., Toledo, Ohio
6:00 to 10:00 pm, nightly
Listen to the lights on WXMS 93.3 FM
http://www.dbldesigns.com

Bazillion Lights Christmas
29718 Robert Drive , Livonia , Michigan
5:30 to 9:30 pm S-Th, 5:30 to 10:30 Fri. & Sat.
40,000+ lights synced to 16 songs, Flying Santa over the house, Snowball fight over the street
Listen to the lights on 88.5 FM
http://www.bazillionlights.com

BY:  List was brought to you by MerryDigitalChristmas