What are Mortgage Discount Points?
What are Mortgage Discount Points? This is a common question among buyers. You may also hear them referred to as just ‘points’ or ‘discount points’. Think of a point as prepaid interest. One point equals 1% of the loan. On a $200,000 loan one point would be $2000. It is referred to as prepaid
Realtor Tips: Real Estate Tax Increase
Realtor Tips: Real Estate Tax Increase Lots of questions are coming in about the recent real estate tax increase notice you’ve received in the mail. Ohio mandates that your property value get revaluated every 6 years and updated on the 3rd year in between. Tax values actually went down after the G
Dayton Housing Stats Aug 2023
Dayton Housing Stats Aug 2023 If you’ve been keeping an eye on the Dayton housing market this update is not going to be anything new. The low inventory trend continues with closings being down 14.31 percent from this time last year. Average sale price is up nearly 6%. Why? The higher rates have knoc
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