Countrywide Financial reported Tuesday that borrowers with good credit are struggling: Payments were at least 30 days late on 4.56% of its prime home-equity loans in the second quarter of 2007. The delinquencies come on the heels of a record number of foreclosures.

WHAT TO DO: Investing in foreclosed homes can be profitable, but novices need to tread carefully. Generally, you can’t inspect homes prior to auction — a home in need of major repairs could negate a bargain purchase. Some may come with hidden liens or utility bills to pay. State and local rules vary, so understand the process before bidding and know the existing homeowner’s rights. Investors can find foreclosure listings at the county court clerk’s office or sheriff’s department. For a fee, Foreclosure.com and RealtyTrac.com provide up-to-the minute listings. A title-search company can help determine if there are any outstanding liens on a home. Also, consider negotiating directly with lenders to buy bank-owned homes. Countrywide, among other lenders, lists online homes it’s selling.

If you’re interested in learning more about investing in foreclosed homes, please  send us an email  or give us a call at 614.332.6984.

The Opland Group  Specializes in Real Estate Sales, Luxury Home Sales, Short Sales in;    Bexley    Columbus    Delaware    Downtown    Dublin    Gahanna    Grandview Heights   Granville   Grove City   Groveport    Hilliard   Lewis Center    New Albany   Pickerington    Polaris    Powell      Upper Arlington    Westerville    Worthington

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Hello  Columbus Residents (& Beyond!)~

My name is  Jason Opland  and welcome to my blog“Columbus Real Estate News. This will be an inside look at the always exciting Columbus, Ohio  real estate market. For over  7 years, I have specialized in helping clients sell and purchase homes in Columbus and all across Ohio.

Everything you need to know about buying or selling a home can be found here on my Blog! As an experienced real estate professional in the  Columbus community, I am dedicated to providing the finest service available while breaking new ground. Because today™s real estate industry is becoming more sophisticated and challenging every day, you need a professional that understands the industry and is positioned to stay ahead of the game. And, with the  Columbus real estate market varying wildly from neighborhood to neighborhood, my experience is essential.

In addition to news and tips about the  local real estate market, we™ll also take a look at the exciting cultural landscape here in the  Columbus.

I go the extra mile to understand your goals and help you achieve them. That™s why I constantly research the market and property values so your home is priced effectively from day one. My team and I make sure the general public knows your home is for sale by using innovative advertising and marketing techniques to attract potential buyers.

If you, or someone you know is considering Buying or Selling a Home in Columbus, Ohio please  give us a call and we’d be happy to assist you!

The Opland Group  Specializes in Real Estate Sales, Luxury Home Sales, Short Sales in;    Bexley    Columbus    Delaware    Downtown    Dublin    Gahanna    Grandview Heights   Granville   Grove City   Groveport    Hilliard   Lewis Center    New Albany   Pickerington    Polaris    Powell      Upper Arlington    Westerville    Worthington

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