Hey, just about anything that Dominion Homes got involved with has had foreclosures. They make a great product with value, and have for many years, but their financing arm got out of control....Genoa Farms is NICE and has a great location near the Polaris area. The pond at the entrance is lovely.....I think it is fine for a long term investment.....

Good luck, feel free to contact me if you are interested in this subdivision, or others in Westerville.

Carole Huet
CENTURY 21 Joe Walker & Associates
614-209-1486

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

In past year, approx.; 2 are for sale,1 in contingency, 8 sold,5 withdrawn; of the SOLDS, some rough stats: 85%, 82%, 86%, 87%, 88%; sell price vs highest price in past 3 years.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

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.