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Canal Winchester : Real Estate Advice

  • All21
  • Local Info1
  • Home Buying4
  • Home Selling0
  • Market Conditions1

Activity 10
Mon Apr 6, 2015
Aimee Sowards-Mounts answered:
Canal Winchester zip code is 43110. Are you thinking 43110 is a Columbus zip code? Sometimes looking at real estate is confusing, when the mailing address may have one zip code, but the schools or area you "think you're in" overlap. For example, there is an area of the east side that is a Canal Winchester school district, with a Columbus mailing address, but not serviced by Columbus police. The zip code of 43110 will ONLY calculate home values with homes that truly have that zip code. You may feel like you've left Canal Winchester when viewing a home, but if indeed that is the mailing address, it goes into that zip code's value calculations for average home price. If you are still looking and need a great agent, I'd be happy to help! ... more
0 votes 1 answer Share Flag
Thu Jan 9, 2014
Josh Uminski answered:
I specialize in helping 'For Sale by Owners' free of charge. If you are still thinking about selling without an agent, let me know and I'll help get you started. 614-273-6101
Talk soon,
... more
0 votes 6 answers Share Flag
Thu Dec 19, 2013
Molly Mosley (Hay), CDPE,CNE, MIP, SFR answered:
Mon Dec 17, 2012
James Deskins answered:
First off, you can't buy this property because it's not available. It's a pre-foreclosure. It's not currently for sale.

I, personally, wouldn't call Canal Winchester a "good rental market," for the reasons you stated and then some.

Condos, historically, have not been the best investments. They tend to appreciate much more slowly than single family homes. Many of them depreciate over time. We've seen that in the last (5) years. To be fair, single family homes have also depreciated, but not at the same rate. There are also other issues with condos.

Overall, I wouldn't consider buying a condo in Canal Winchester as a rental a "good investment."

If you are new to the area I suggest you hook up with an agent who knows the Columbus area and knows good/bad investments. Look for somebody who works with buyers more than sellers.

Check out my website

Good luck.

Jim Deskins
The HomeBuyer's Advocate
... more
0 votes 3 answers Share Flag
Wed Aug 22, 2012
Molly Mosley (Hay), CDPE,CNE, MIP, SFR answered:
Sat Jul 28, 2012
Betsy Sharp answered:
Hi Nikki, it's been awhile since you posted and I wanted to follow up with you. Did you end up in this home eventually?

Betsy Sharp, Realtor w/ Coldwell Banker King Thompson ... more
0 votes 9 answers Share Flag
Fri Dec 9, 2011
Suzanne MacDowell answered:
The answer is, yes, more than likely you will be fine. You may need to document your income. In my area Landlords ask for employment verification, but I have been very successful in placing self employed people as long as I can show they receive enough income to afford the rent and other living expenses. You could submit bank statements or income tax returns, or even a letter from an accountant or tax preparer. ... more
0 votes 1 answer Share Flag
Thu Sep 8, 2011
Minna Reid answered:
Foreclosure drops off your credit in 7 years. Assuming you qualify otherwise, you could get a new FHA home loan 3 years after the foreclosure sale date ( not the day someone bought it, but the day it foreclosed) ... more
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Mon Mar 21, 2011
Dallas Texas answered:
Always use a Realtor to many scams involving rentals. Much is determined what your monthly budget is

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
... more
0 votes 2 answers Share Flag
Sun Feb 14, 2010
James Deskins answered:
Pen, This is really not the market to be flipping in. Sure, there may be some exceptions but if you're thinking of buying anywhere around Columbus cheaply and then flipping quickly to make a quick buck you're going to be disappointed. I'm sure you'll get somebody telling you otherwise but I can tell you that flipping, in general, is not a money-maker right now. ... more
0 votes 4 answers Share Flag
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