Not everyone believes bigger is better, excess is best. Sometimes, with Dayton Ohio homes, less is more, and these days, that’s especially true for many buyers. So let’s look at 6068 Shull Rd. It has not been abused, but it does show signs of neglect. The landscaping is there, but it’s hidden in the weeds. The floor plan works well, but the property definitely needs elbow grease and updating.
The road is busy, but you are close to retail, restaurants. You are within spitting distance of the neighborhood park, that has playground equipment and a paved walking path. The YMCA, and Sinclair Community College Learning Center, and the living history farm, Carriage Hill, is close.
Standard HUD disclaimer:
All properties are sold in “AS IS” condition. Seller makes no representations or warranties concerning the condition of the property and does not guarantee that the property is free of hidden or visible defects. Buyer is responsible to take action to satisfy himself that the property is in a condition acceptable to him. Seller will make no repairs. Buyer is encouraged to have a home inspection to identify any defects.
Beavercreek Ohio real estate is often large homes and large yards in quiet peaceful neighborhoods. This ranch on a basement is fairly typical of the type of home built in Beavercreek in the 60’s: Hardwood floors, open living spaces, large windows, stone fireplace. It’s a home made for small touches of individuality, that add up to big impact. Places to show off your individual taste include multiple plant beds and borders, decorative shelving, the large fireplace, and the sunken patio. A home that understands the drama of an evening of entertaining. The listing price is $95,000.
Let’s get to some bad news: The HUD property report, which you can find at the HUD site for 2540 Echo Valley Dr (link to the right) states that the plumbing could be damaged. At a minimum, this home is going to need your rubber gloves and your cleaning supplies, as well as your garden gloves.
2540 Echo Valley Dr sits on a corner lot, however, unlike most corner lots- large yard in the front and nothing in the back- this home gives you a dramatic front yard, and a large peaceful oasis in the back. The backyard is partially fenced, in the traditional Beavercreek fencing style- split wood and wire- unobtrusive to look at, but keeps the backyard contained.
HUD Disclaimer:
All properties are sold in “AS IS” condition. Seller makes no representations or warranties concerning the condition of the property and does not guarantee that the property is free of hidden or visible defects. Buyer is responsible to take action to satisfy himself that the property is in a condition acceptable to him. Seller will make no repairs. Buyer is encouraged to have a home inspection to identify any defects.
The Wynwood subdivision is in that world between Dayton, Riverside, and Huber Heights. “What part of Dayton do you live?” “Oh south of Huber and north of Dayton and west of Fairborn and…” We all understand it’s Mad River.
This home has some wonderful things going for it, and it has some clean up that needs to be done. It’s the latest greatest in subdivision building, but it’s suffered from what would appear to be wind damage and a resident mutt. So for a listing price of $131,000, you spackle and you paint, fix the floors, and you build some muscle with the elbow grease, and then you have a really nice home on a really lovely lot, in a quiet subdivision. Check out many more photos of 4247 Coach Light Trail, here.
ALL PROPERTIES ARE SOLD IN ‘AS IS’ CONDITION.SELLER MAKES NO REPRESENTATIONS OR WARRANTIES CONCERNING THE CONDITION OF THE PROPERTY AND DOES NOT GUARANTEE THAT THE PROPERTY IS FREE OF HIDDEN OR VISIBLE DEFECTS. BUYER IS RESPONSIBLE TO TAKE ACTION TO SATISFY HIMSELF THAT THE PROPERTY IS IN A CONDITION ACCEPTABLE TO HIM. SELLER WILL MAKE NO REPAIRS. BUYER IS ENCOURAGED TO HAVE A HOME INSPECTION TO IDENTIFY ANY DEFECTS.
Finding a house in Dayton Ohio is easy. Finding a loan might be harder. Getting to closing might be even more difficult, and it’s all of it harder than it used to be. If you bought a home over 2 years ago, the industry has changed. You read the news, you might think you know what I am talking about, but until you go through the process today, you really don’t know what I’m talking about. Let me give you a hint- except for the finding a house part, everything is harder. Is this a complaint? Not necessarily, but it is a fact. The industry is changing, and keeping up with all the changes all across the board is difficult. In the past, a strong Realtor could take up the slack for a multitude of weak links, but today takes a team of people who are very knowledgeable in their respective fields, to get a contract to close.
I heard the excitement in the hopeful homeowner’s voice when she was describing how perfect this new condo would be and how they’ve been searching for a while to find the best fit for their new family.
Imagine their disgust in my company’s ability to “perform” under short notice when I explained how they would have to wait until we could qualify them and the property.
“I don’t understand, (Agent) said that we would be OK since we had good credit and a decent down payment. My dad didn’t have to deal with this when he bought a house three years ago. Why wouldn’t banks want to give us money, I thought the government has programs for new buyers? My agent told us that she had lenders who could get things done… I don’t trust you, maybe we’ll shop around until we find someone who is willing to tell us what we want to hear…..”
It sucks being the bad guy, but this could have easily been avoided if the agent painted a more accurate picture of the Las Vegas REO home buying process for her young borrowers.
So what happens from here? Lenders will continue to criticize agents for being pushy, and agents will continue to call us idiots and scam artists.
Regardless of how it sounds, I’m not really against agents. Our mortgage company is primarily a purchase shop, so we highly depend on referrals from agents and past clients.
We just have to learn how to respect each other’s roles so that our clients don’t suffer.
My personal agents know better than this. Well, most of the time, but I’m still appreciative of their loyalty.
Either way, here is the correct process:
1. Borrower gets approval from loan officer
2. Real Estate agent shows borrower new homes
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Why Should Real Estate Agents Stop Playing Loan Officer?
Because lenders have a difficult enough time trying to earn trust in this market without agents causing more doubt
The interest rates your other clients got last week don’t apply to your new borrowers’ scenario
Per HVCC, originators are not able to help influence value
You can’t just easily submit the same loan to multiple banks until an approval sticks
An actual approval letter requires an underwriter, not just a loan officer’s signature
A “Good Job” doesn’t necessarily qualify as acceptable income or employment (…)
This is solid advice, and there is more, (including a smack down of Realtors who make impossible promises to their clients). There is a process for buying a home in Dayton Ohio, and my ability to work with the best professionals in the industry will make this a much smoother process for my buyers.
