Columbus Holiday Season Events 2018There are numerous ways to kick off the holiday season in Metro Columbus! If you’re ready for some warmth, cheer and family fun, make plans to attend these special events!

November 16 through January 6. Wildlights – Columbus Zoo & Aquarium. Be amazed by over 3 million LED lights in a dazzling display of color!  Plus live reindeer, visits from Santa and more. See the Columbus Zoo website for hours and event details.

November 17 through January 2. Gardens Aglow – Franklin Park Conservatory. Surround yourself with the cheer of poinsettias, winter foliage and holiday lights. There’s also a gingerbread house competition, model railway display and special entertainment.

November 18. Gahanna Holiday Lights Celebration. Enjoy a variety of family fun including live reindeer, horse-drawn carriage rides, crafts, games, live music and more! Food and refreshments available for purchase. 2 p.m. – 7 p.m., Gahanna Creekside District.

November 21 through January 2Columbus Commons Holiday Lights. Featuring over 320,000 dazzling holiday lights! Stroll through the park, then cross High Street and browse vintage displays in the Lazarus Building. Holiday lights shown from dusk to 11 p.m.

November 22. Columbus Turkey Trot. Every registered participant in this Columbus Thanksgiving Day tradition gets a free goodie bag and a pumpkin pie!  Choose either the 5-mile course, or the 2-mile “Walk N’ Talk” route. Register soon – the ranks are filling up!

November 25. Worthington Holiday Open House & Tree Illumination Ceremony. Downtown Worthington welcomes you! Shopping specials and refreshments from noon to 5 p.m. Enjoy carriage rides, carolers and hometown holiday traditions! Gather at the Southeast Village Green at 5:30 p.m. for the tree lighting ceremony.

 November 29. Dublin Tree Lighting Ceremony. Enjoy family entertainment at Coffman Park while awaiting the arrival of Santa! Santa will be available for photos after the tree lighting. Other holiday-themed photo areas will be set up around the park. 5 p.m. – 7 p.m.

The Metro Columbus area is a wonderful place to live, work and play, all year around! When you’re ready to find your new Metro Columbus home, turn to us for exclusive home buyer representation!

As your Exclusive Buyer’s Broker, we serve your best interests at all times! Unlike real estate agents and brokerages who represent sellers, as an Exclusive Buyer’s Broker, we only represent you, the buyer, getting you the best price and terms with no conflict of interest at all times.

Understanding this distinction could literally save you thousands of dollars not only on the purchase price and terms, but also on seller concessions and home inspection issues, whether you are a first-time homebuyer or an experienced homeowner!

Contact us with your home buying questions! Remember, we are with you every step of the way…all the way home!

Andrew Show
Broker, CEBA-M, MCNE, CSP, PSA, e-PRO, CREM, ABRM, AHWD
Buyer’s Resource Realty Services, www.buyershome.com
Serving Metro Columbus, Ohio with Exclusive Buyer’s Agents
7100 North High Street, Suite 204, Worthington, Ohio 43085
614-888-4110 | 888-888-4110 Toll Free | 614-839-4110 Fax

Mortgage fraud is on the rise. But this time, it isn’t part of a bigger scheme orchestrated by white-collar thieves. Instead, there’s an uptick in home buyers who are attempting to cheat their way into a mortgage approval.

There are two main patterns: mortgage applicants who claim a higher income than what they report to the IRS, and applicants who create pure fiction.

In the first case, buyers may not realize that today’s lenders must follow strict criteria to calculate self-employed income. The buyers may have understated their income to the IRS to reduce their taxes, but this haunts them later when trying to obtain a mortgage. (Potential tax fraud aside.)

In next scenario, desperate home buyers have turned to fraud-enabling tools on the Internet to create falsified employment records. This includes completely fake pay stubs from make-believe companies, to modified pay stubs showing a higher income, or a longer length of employment. Some fraud-enabling websites even provide (for a fee) an employment verification to back up the fictitious info.

Other fraud trends include falsifying owner-occupancy, and creating fake “gift” down payment letters.

Even a so-called white lie can cause serious headaches. A buyer might think that a loan denial is the worst that could happen, so what is there to lose? And if the loan goes through, there’s nothing that can happen after closing, right?

Wrong. Deliberately presenting false information to a lender is bank fraud, which is punishable with fines and jail time – and possibly an acceleration clause on the mortgage, which would induce foreclosure. Mortgage applicants who try and cheat the process stand to lose much more than the house!

Fortunately, the vast majority of such fraud cases are caught during the underwriting or servicing process. The current fraud volume, while on the rise, is only about 1% of all applications. Today’s fraud attempts are fueled by an increasingly-automated mortgage process, and buyers who won’t take “no” for an answer.

Home buyers shouldn’t attempt to defeat the mortgage application or underwriting process. A mortgage denial isn’t a life sentence. A reputable lender will do their best to find the right mortgage for your situation, and help you qualify legitimately. If you are denied for the loan for any reason, a reputable lender will discuss the denial and offer suggestions to help you succeed in the future.

We only refer our Buyer-Clients to local, trustworthy lenders!

As your Exclusive Buyer’s Broker, we serve your best interests at all times! Unlike real estate agents and brokerages who represent sellers, as an Exclusive Buyer’s Broker, we only represent you, the buyer, getting you the best price and terms with no conflict of interest at all times.

Understanding this distinction could literally save you thousands of dollars not only on the purchase price and terms, but also on seller concessions and home inspection issues, whether you are a first-time homebuyer or an experienced homeowner!

Contact us with your home buying questions! Remember, we are with you every step of the way…all the way home!

Andrew Show
Broker, CEBA-M, CNE, CSP, PSA, e-PRO, CREM, ABRM, AHWD
Buyer’s Resource Realty Services, www.buyershome.com
Serving Metro Columbus, Ohio with Exclusive Buyer’s Agents
7100 North High Street, Suite 204, Worthington, Ohio 43085
614-888-4110 | 888-888-4110 Toll Free | 614-839-4110 Fax

Columbus Home Buyers Should Prepare for Higher Interest Rates

October 7, 2018

The Federal Reserve increased its benchmark lending rate by .025 in September, the third such increase so far in 2018. Analysts predict another possible rate hike in December. What does it mean for Columbus home buyers? Most notably, mortgage interest rates are rising. As of September 27, the average interest rate on a new, 30-year […]

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Home Buyers Should Be Prepared for Lender Questions

August 27, 2018

Home buyers should be prepared for follow-up questions from their mortgage lender, according to a recent article by the Wall Street Journal. It is increasingly common for lenders to require a “letter of explanation” to address questions that arise during the mortgage underwriting process. Despite good credit quality and a strong housing recovery, lenders are […]

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Quarterly Market Statistics – Second Quarter 2018

August 25, 2018

    Below you’ll find market statistics separated by school district, as well as last quarter’s closed sales and median sales price graphs. Bexley Pickerington (Corp.) Columbus CSD Reynoldsburg CSD Dublin CSD South-Western CSD (Grove City) Gahanna Jefferson CSD Sunbury (Corp.) Grandview Heights (Corp.) Upper Arlington CSD Hilliard CSD Westerville CSD New Albany Plain LSD […]

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Mortgage Pre-Approval Can Fall Flat on Home Buyers

August 10, 2018

A couple of our Buyer-Clients recently experienced a last-minute problem with their pre-approved mortgage. They came to us with a pre-approval in hand from a reputable lending institution, though the actual loan officer was someone new to us. Things looked good for weeks, until two days before closing! What happened is this: there was an […]

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Central Air Conditioning Adds Value to Your Columbus Home

July 17, 2018

Columbus real estate isn’t the only thing that’s hot this summer! Temperatures were broiling in the beginning of July, and we saw record warmth during the month of May. With the hottest weeks of the season still ahead, central air conditioning is a selling point with Columbus home buyers. The Columbus Dispatch reports that homes […]

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Columbus Housing Costs on the Rise

June 29, 2018

Whether you rent or buy a Metro Columbus home, the cost of housing is going up. According to Zumper.com, the median rent for a 1-bedroom Columbus apartment increased by 2.8% on a year-over-year basis, reaching $730 as of June 2018. During the same period, the cost of a 2-bedroom Columbus apartment increased 7.1%, reaching $1,050. […]

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Top 10 Columbus Suburbs for 2018

June 13, 2018

Niche.com has updated its “Best Suburbs to Live in” list for 2018, and the top 10 suburbs for Metro Columbus includes some repeat winners. Several of the top suburbs in Niche’s list were named among the “Best Small Cities in Central Ohio” by WalletHub during 2017! The criteria for Niche’s ranking includes over a dozen […]

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8 Metro Columbus High Schools Make Ohio Top 20

May 31, 2018

Each year, U.S. News & World Report conducts a study of public high schools around the country. The analysis compares student academic performance, as well as graduation rates and college readiness. Out of the 1,245 public high schools in Ohio, 8 of Ohio’s top 20 high schools are located the Metro Columbus area! Here they […]

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