Trulia Voices—Westerville

Top Voices      Member Search BETA      Create a profile

Ask a question

Browse

Search

e.g.: "San Francisco, CA"
e.g.: "Parks" or "Schools"

Email me when:

RSS
 
Share this: 
  • del.icio.us
  • Digg
  • Reddit
  • StumbleUpon
  • NewsVine
 

Anyone know anything about Genoa Farms in north Westerville? It seems the prices have fallen a bit more than

than the area and a good number of foreclosures?
Fri Mar 7 2008, 05:45 - Westerville - Market Conditions - 3 answers
 
Useful
(0)
 
 
Not useful
(0)
 
  report get email alerts email a friend
 
Bill
Home Buyer
in Ohio
Bill, Home Buyer in Ohio in Ohio
Answers (3)
Show me:  Recent Answers     Oldest Answers     Highest Rated  
 
Cindy Clark was FIRST TO ANSWER
You got the stats, but ask anybody who lives there, they love it. The worst has pretty much shaken itself out. I think It is now a great value there for the age & size of homes in Westerville Schools. Homebuyers were only a small number of the forclosures, there were speculators in there who after the first renters left, they quit paying. For the value and the greenspace, I think it is a great place and the stygma is wearing off

Thu May 8 2008, 08:28
 
Useful
(0)
 
 
Not useful
(0)
 
 
report
 
In past year, approx.; 2 are for sale,1 in contingency, 8 sold,5 withdrawn; of the SOLDS, some rough stats: 85%, 82%, 86%, 87%, 88%; sell price vs highest price in past 3 years. More detail at bush.214@osu.edu

Fri Mar 7 2008, 10:39
 
Useful
(0)
 
 
Not useful
(0)
 
 
report
 
FIRST ANSWER
Yes, I see this too often in neighborhoods where Dominion has built. The next paragraph was taken directly from the Columbus Dispatch.

A homeowner said their houses are overpriced because purchase and financing incentives were wrapped into the cost. "The effect of the scheme employed by Dominion Homes is to sell homes. . . . worth far less than the amount financed and less than the amount of the appraisal," says the lawsuit, filed in Franklin County Common Pleas Court by attorney Edwin Hollern.

However, I need to add that no fraud was found this year and Dominion homes won the lawsuit.

Fri Mar 7 2008, 06:44
Web Reference: http://www.lowlistfees.com
 
Useful
(0)
 
 
Not useful
(0)
 
 
report
 
[+] Save this question Send this question to a friend
Permalink: http://www.trulia.com/voices/Market_Conditions/Anyone_know_anything_about_Genoa_Farms_in_north_We-24981--recent

Check out more Market Conditions questions in Westerville...

Tj Roberts,r…, Real Estate Pro in 43221
Buying in Westerville...
Answered Sun May 25 2008, 15:07 by Tj Roberts,realtor,... in 43081
Read all 3 answers
View more Market Conditions questions and answers in Westerville >>