Top Ten Reasons to Live in Cincinnati

Cincinnati has been voted one of the best places to live in the United States, and while that may be not surprise to us lifelong residents, we want to make sure new visitors and transfers understand just how great our City is! Of course we love our sports teams, unique restaurants, and the wide array of things to do, but our personal favorite is the affordable housing market.

So, please take a quick look at all the reasons we love the Queen City and head on over to our PROPERTY SEARCH to browse our selection of homes currently on the market to purchase. You know you love Cincinnati as much as we do…  is it time to set new roots in your favorite neighborhood?

CONTACT US TO GET STARTED BUYING IN THE OUR GREAT CITY

Hey Buyers! Here’s How to Be the Winning Offer in a Competitive Market


The housing market is hot, and while that may be great news for those listing their homes, for buyers, the frustration is real. Week after week, house after house, they’ve grown accustomed to the phrase…”we’re now in multiple offers.” A great looking, well-cared-for and most importantly, well-priced house, is creating quite the frenzy for those out searching for their next home in this low inventory seller’s market.

When demand outweighs supply, there are a few things you can do to get ahead in this competitive market:

  1. FIND A WELL QUALIFIED BUYER’S AGENT:  Along with obtaining a strong financing pre-approval, this is the first step in getting closer to the home of your dreams. Ideally, you want an agent who has dealt with multiple offer situations before and knows several strategies to help you win. Overall, it can come down to what you’re willing to pay. As a buyer’s agent, I would never encourage a client to overpay for a home, but I can offer advice to help get you to the “right” price.

  2. MAKE A STRONG INITIAL OFFER:   Yes, we’re starting with the $$$. In most cases, this is what it comes down to. Sellers usually want the best possible price they can get for their home. Still, it doesn’t mean the highest offer will always be the winning offer. Along with the purchase price written in the contract, you can also consider asking your agent to include an escalation. This is an addendum to the contract stating that you will pay a set amount over the highest written offer up to the limit you set.

  3. HAVE YOUR AGENT ASK ABOUT THE SELLER’S NEEDS:  Is there an occupancy time that would work best for them? Do they need a quick close? Ultimately, the offer that best fits the needs of the seller is the offer that will win.

  4. CONSIDER WAIVING CONTINGENCIES OR KEEP TIME FRAMES SHORT: While I can’t recommend skipping an inspection, some buyers are waiving the inspection as a contingency and accepting the house “as is.” The same goes for the appraisal. There is a concern when a house sells far over listing price that might not appraise. In a multiple offer situation, the buyer could offer to pay the difference between the appraisal value and the purchase price should the appraisal come in lower.If you don’t want to waive the contingencies all together, it can be a good idea to keep the inspection and settlement period as short as reasonably possible

  5. DON’T ASK FOR EXTRAS: A multiple offer situation is not the time to throw in a lot of extras like closing costs, a home warranty or appliances or furniture. It’s best to keep the contract as clean as possible.

  6. GET A PLUG FROM YOUR LENDER:  Have your mortgage person CALL the agent to tell them how well qualified you are. Even if they just leave a message it can help.

  7. GIVE IT YOUR BEST EFFORT:  As mentioned before, having a strong pre-approval to back your offer can help the seller feel much more confident in your ability to purchase their home. You can also add to the amount of earnest money you would normally offer to show a strong interest and commitment to following through with your offer. If possible, consider a cash offer. While cash isn’t always king, it does make for a very compelling offer and a streamlined purchase process that can be hard to top.

  8. STAY CALM:  It can be easier said than done, but the best advice I can give to my clients is to present the strongest offer they can to help get the house they want at a reasonable price that falls within their budget. While it can be difficult to remaIN unemotional about these decisions, you have to keep it in perspective. Offering more than you’re comfortable with paying or forgoing important contingencies can lead to regret down the road.

 

Build Collective is Here to Help Home Buyers Every Step of the Process

CONTACT US TO MEET WITH A HOME BUYING EXPERT

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The Ten Minute Tidy

See How to Have Your Home Show Ready… In 10 Minutes!

When you are selling your home, one of the hardest things is to have your home ready to show at a moments notice. Sound overwhelming?  Build Collective is here to help! We break down what we call “THE TEN MINUTE TIDY.”  In our video, Brandi explains how you can tidy up your home in just 10 minutes and have it sparkling for the buyers to tour.

We break down the most important items to focus on so you leave the best impression possible to all potential buyers! Taking care of clutter, weird smells and bright light goes a long way.

And these tips don’t have to just apply to Home Sellers. Use our Ten Minute Tidy for a quick clean up during the week, before the neighbors stop over for happy hour or even when your in-laws come by unannounced!!

Build Collective is Here to Help Home Sellers Every Step of the Selling Process

 

Want more tips on selling your home?  Reach out to us today… we are full of great ideas!

CONTACT US TO MEET WITH A HOME SELLING EXPERT

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Montgomery Market Minute for April

Montgomery Market Minute for April

Market Update – Montgomery Real Estate for April 2020 

The news is all good and only going to get better!  COVID-19 may have slowed us down, but not for long!! Mike and Brandi give an update on selling and buying real estate in Montgomery for April 2020. Listen to hear about featured listings, average sales price and days on market in Montgomery. If you are thinking about buying or selling a home, now is the time! 

As the top real estate team in Montgomery, Ohio, we are committed to keeping you well informed so you can always make the best decisions for you and your family.

 

 

Call Us With Questions 

Have more questions?  Need to sell or buy a home soon but don’t know where to start during these ever changing times?  Please reach out to us!  Brandi Schildmeyer is available to chat or email at anytime…. 513.675.6816 or [email protected]

Cincinnati Tax Abatement – Explained!

Cincinnati Tax Abatements… Explained!

If you’ve been living in the City of Cincinnati, chances are you’ve heard about the tax abatement for new construction and remodeled homes.  But, do you really know how it works??

Paul Yankie, President & CEO of Green Building Consulting sat down with us to give us a little crash course on the tax abatement & LEED Construction and why it’s been such a driving force in the Cincinnati residential real estate market.

Paul explains it best in our chat with him, but here are the main takeaways:

  1. The Cincinnati Community Reinvestment Area (CRA) Residential Tax Abatement, as it’s called, offers property owners the ability to minimize tax implications when you build, add-on or invest in your home.  This means that any improvements will NOT significantly add to the property tax bill.  You would only pay on the amount of “pre-improvement” value, up to $275,000.
  2. LEED Certification: This is the secret topping to the tax abatement. Basically, LEED Building = Green Building = Energy Efficiency.The City of Cincinnati is one of the BEST places to build a LEED certified home because it saves you even more money.  The higher the rating, the more money you save. LEED Silver allows for up to $400,000 abated, LEED Gold is up to $562,000 and LEED Platinum is UNLIMITED.  Of course, LEED comes with it’s extra building costs, but that’s specific to the home you build and how much money you can spend!
  3. Find a professional (a builder or Build Collective or Green Building Consulting) that understands the tax abatement and construction process.  They can help you determine what the best plan of action is for you.

Now that you’re armed with this information, doesn’t building and remodeling in the City sound that much better? Not only can you design a home specifically for you and your family, but you can save money in the process!

See How Much Money You Can Save on A New Home with Our Tax Abatement Calculator!
Tax Savings Calculator Here

Want Even More In Depth Information?  Visit the City of Cincinnati Site here

CONTACT US TO MEET WITH A TAX ABATEMENT EXPERT!

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Working with Buyers & Sellers Durning Coronavirus

Working with Buyers & Sellers Durning Coronavirus

Working With Buyers & Sellers During the Pandemic 

Tune in to see how we’re working with our buyers and sellers during COVID-19. Mike Hines (Build Collective) joins Tim O’Brien (Zipfel Capital) and Dan Orner (First Title) on the latest procedures when it comes to home buying and selling to keep you safe and informed.

As the top real estate team in Montgomery, Ohio, we are committed to keeping you well informed so you can always make the best decisions for you and your family.

 

 

Call Us With Questions 

Have more questions?  Need to sell or buy a home soon but don’t know where to start during these ever changing times?  Please reach out to us!  Mike Hines is available to chat or email at anytime…. 513.260.0424 or [email protected] 

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