Dayton Ohio Real Estate Blog

20 Callaway, Springboro, Ohio

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Clean & Well-Maintained Brick Ranch in McCray Farms. This home has an ideal one-level floor plan with spacious rooms. The entry boasts a wood laminate floor. A large, centrally located Kitchen features an abundance of updated oak cabinets plus a double pantry, breakfast bar & casual eating area. The adjacent Family Room has a wonderful hearth with gas logs and skylight. An ample formal Dining Room sits at the front of the home and could easily be converted to an additional living area. French Doors have recently been installed in the Living Room creating a nice retreat.  This area is currently used as a Study. The Master Bedroom has 2 closets in the sleeping area and a walk-in closet in the Bath which features a double vanity, soaking tub & separate shower. The Laundry is thoughtfully located in the Bedroom wing. A Wonderful Florida Room trimmed in cedar plus a Deck provide great entertaining possibilities. Updates include Dimensional Roof (07), Furnace & AC (05), Water Heater (06). Nice location off 741 near new Austin Rd Interchange.

For more information or to schedule your personal tour, contact us at info@WagnerRealtyGroup.com or 937-433-HOME (4663) us today!

2984 Station House Way, Waynesville (Springboro Schools), OH

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Enjoy great spaces inside and outside this grand home in Springboro Station. 2-story entry with hardwood floors leads to the Great Rm with soaring ceiling and beautiful stone fireplace. Gourmet Kitchen features 42 inch American Woodmark honey maple cabinets, Gibraltar counters, center island and Profile black appliances. All stay including refrigerator and wine chiller. 1st floor Owner’s Suite boasts 2 walk-in closets, 2 vanities, ceramic tile, jetted tub and large shower. Formal Dining Room with crown molding, chair rail and hardwood floor. Study with single French Door & Laundry Room with utility sink and storage round out the 1st Floor. 3 Bedrooms up including huge 30×12 Room over the garage have walk-in closets. The full Lower Level has just been finished to include a combination Family/Media Room with gas Fireplace and solid hardwood floor, Large Rec Room, Exercise or 5th Bedroom and fantastic Full Bath with incredible Shower System - plus storage area. New 22×16 Deck overlooks the 1.3 acre country lot. 3-Car side load Garage. Waynesville address/Springboro Schools.

Contact us at info@WagnerRealtyGroup.com for more information or to schedule your personal tour.

A short sale is a transaction in which the lender, or lenders, agree to accept less than the mortgage amount owed by the current homeowner.  In some cases, the difference is forgiven by the lender, and in others the homeowner must make arrangements with the lender to settle the remainder of the debt.

Due to the recent economic crisis, including rising unemployment and drops in home prices in communities across the nation, the number of short sales is increasing. Since a short sale generally costs the lender less than a foreclosure, it can be a viable way for a lender to minimize its losses.  A short sale can also be the best option for homeowners who are “upside down” on mortgages because a short sale may not hurt their credit history as much as a foreclosure.  As a result, homeowners may qualify for another mortgage sooner once they get back on their feet financially.

Source:  National Association of Realtors “The Basics:  Short Sales”  Read More

The Federal Housing Administration (FHA) announced January 20, 2010, that it is implementing more stringent lending requirements and higher borrower fees to cushion against rising defaults and stave off the need for a taxpayer bailout of the agency.  The FHA said it will raise insurance fees that borrowers must pay, and it will cap the amount of cash that sellers can contribute for closing costs.  It will also require higher down payments for borrowers with poor credit scores, below 580.  Starting this summer, borrowers with credit scores below 580 will be required to make a minimum 10% down.  While the FHA doesn’t have a credit-score cutoff, most lenders require a minimum 620 score.  Fewer than 1% of FHA borrowers last year had credit scores below 580, according to LPS Applied Analytics.

Source:  Wall Street Journal January 20, 2010 “FHA Sets Tighter Lending Requirements”    Read More

3651 Delaine Avenue, Kettering, OH

Click Here for current pricing and more photos.

This wonderfully updated brick Cape Cod boasts an incredibly transformed Owner’s Suite. A recent remodel added a beautiful full Master Bath & Study (or Nursery) to the already over-sized 35×12 upper level Master Bedroom & huge 21×12 heated Walk-In Closet. Once you decide to come down from your private retreat, you’ll enjoy your charming 1725 sq.ft. home with original Hardwood Floors throughout, updated Kitchen with 42 in cabinets, 2 additional nicely-sized main floor Bedrooms, Dining Room & charming Living Room with Fireplace and Crown Molding. The full finished lower level features a large Family Room, cozy computer/reading nook plus lots of storage space. The 2-car garage is a bonus in this neighborhood. Other recent upgrades include Vinyl Windows, Glass Block in LL, HVAC, Plumbing and Radon Mitigation System. Fenced side yard has a nice Patio area and Storage Shed. Ideally located within walking distance of The Fraze, Kroger Fresh Fare, Town & Country & Schools. Don’t miss this one!

Contact us at info@WagnerRealtyGroup.com or 937-433-HOME (4663) for more information.

No longer just for first-time buyers, now there’s a $6,500 Federal Tax Credit for existing homeowners who contract to purchase a new primary residence by April 30, 2010 and close before June 30, 2010. You must have owned your current home at least 5 years and meet income eligibility guidelines. This is a great time to move up or downsize!  The $8,000 First Time Home Buyer Tax Credit has been extended to purchases under contract by April 30,2010 and closed by June 30, 2010. We helped quite a number of buyers achieve their dreams of home ownership this year. If you know anyone who may benefit from either credit, the details to the extension are attached. 

 Existing Homeowner Credit Details    First-Time Home Buyer Tax Credit Details

 4308 Bellemeade Drive, Bellbrook, Ohio 45305   Click listing for current price.

 UPDATED THROUGHOUT and Ready for MOVE-IN! The exhasutive list of upgrades in this neutrally docorated Bellbrook Ranch includes:  ALL NEW FlOORING - ceramic tile in the Kitchen and Baths, wood laminate in the Family Room and carpet throughout (’08). KITCHEN UPDATES - New flat surface range and dishwasher (’08), microwave and contemporary lighting (’09)… and the ‘fridge stays.  BATH UPDATES - New vanities, fixtures, lighting and toilets (’09).  COSMETIC UPDATES - New white 6-panel doors and fresh paint throughout (’09).  MECHANICAL UPDATES - Furnace and AC (’06) and 200 amp electrical panel (’08) - plus vinyl replacement windows.  The eat-in Kitchen opens to a charming Family Room with a stone hearth and gas logs surrounded by built-in bookcases and accent lighting. Covered rear Patio. Enjoy the private, secluded fenced backyard with charming bridge crossing the creek to rear property where a storage shed stands. A 12-Month Home Warranty is included with purchase.

 Contact us at info@WagnerRealtyGroup.com or 937.433.HOME (4663) regarding this great home. 

SOLD!!

2436 Trotter Court, Beavercreek, Ohio 45434  Click listing for current price.

This exceptionally clean and well-maintained home is very bright & tastefully decorated in NEUTRAL tones with newer carpet & paint.  100% MOVE-IN READY!  Lots of room with 2464 Sq Ft PRC.  The gas range and ALL appliances stay in Kitchen which offers plenty of storage including the center island with pull-out shelves. There’s also a nice pantry. The Kitchen and Breakfast Nook have new lighting and open to a lovely Family Room with Paddle Fan and charming Gas Fireplace. The Formal Living Room and Dining Room provide a pleasant and bright space with large windows. The Master Bedroom boasts a cathedral ceiling and an extra large private Bath with a garden tub, spacious walk-in shower, double vanity, picture window and walk-in closet. Three nicely-sized additonal bedroomscomlete the upper level. There’s a Full-Finished Lower level with an L-shaped Rec Room, Study or possible 5th BR & a large half Bath. The Large rear deck with charming Arbor & swing overlook a  good-sized, fenced backyard with playset. There is no wallpaper.in this home and no pets or smokers ever lived here!  A 12-Month Home Warranty is provided by the seller. This home is in a Fantastic location just 15 minutes from WPAFB, Fairfield Mall & The Greene.

Contact us at info@WagnerRealtyGroup.com or 937.433.HOME (4663) regarding this great home. 

LEASED!

If you’re building a new home, some limits apply to your ability to obtain a tax credit under the American Recovery and Reinvestment Act (ARRA) of 2009.  You can qualify for the tax credit for geothermal heat pumps, photovoltaics, solar water heaters, small wind systems and fuel cells, but not the tax credit for windows, doors, insulation, roofs, HVAC, or non-solar water heaters.       

To better understand what qualifies, here are some definitions:

• Bio-mass Stoves – stoves fueled with organic materials such as wood pellets, corn, dried cherry pits, soybeans and nutshells
• Photovoltaics - solar cells that convert sunlight directly into electricity
• Geothermal Heat Pumps - apparatus that draws natural heat from the ground or from a body of water, and then forces it into a building
• Small Wind Energy Systems  - electric generators that utilize wind energy to produce clean, emissions-free power for individual homes, farms, and small businesses
• Fuel Cells – cells that generate electricity and hot water when oxygen reacts chemically with hydrogen that has been extracted from natural gas and other fuels

If you’re thinking about energy-efficient home improvements, now may be the time to take action! 

To encourage homeowners to invest in these projects, the Federal government  will allow you to claim a 30% tax credit (up from 10%) for purchases made in 2009 and 2010 of the following items: 

• Windows/Skylights

• Doors

• Insulation

• Roofs (metal and asphalt)

• HVAC

• Water Heaters

• Bio-mass Stoves

If you’re planning to put your house on the market, these are exactly the kinds of improvements that buyers are looking for – new furnaces, doors and windows will always make your home more attractive and competitive!

Some details:

•  Maximum credit per household is $1500*
•  Improvement must be placed in service from January 1, 2009 through December 31, 2010
•  In taxpayer’s principal residence
•  Claim improvements made in 2009 on your 2009 income tax return (filed by April 15, 2010)  

*Broader rules apply to geothermal heat pumps, solar water heaters, solar panels, fuel cells, and windmills.  These are not subject to the cap, and are in effect through 2016.  Plus, they apply to more than just your principal residence – rental units, second homes, etc.