Cincinnati MLS Real Estate Information
Living on Cincinnati's Eastside
Jason Bowman-Realtor CRS
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Award reflects The Jason Bowman Team's consistently high level of customer service
RE/MAX Elite’s The Jason Bowman Team has earned the home service industry’s coveted Angie’s List Super Service Award, reflecting an exemplary year of customer service to members of the local services marketplace and consumer review site in 2016.
This achievement is particularly significant as Angie’s List experienced unprecedented member growth in 2016. More than 1.6 million consumers, many of whom were eager to quickly hire highly qualified service pros, joined Angie’s List after the company added a new, free membership tier.
“Companies that can meet higher demands without missing a beat in their exemplary performance standards truly do stand apart from their peers,” said Angie’s List Founder Angie Hicks. “Only a fraction of the Real Estate companies in were able to do it.”
Angie’s List Super Service Award 2016 winners have met strict eligibility requirements, which include an “A” rating in overall grade, recent grade, and review period grade. The SSA winners must also be in good standing with Angie’s List, pass a background check and abide by Angie’s List operational guidelines.
Service company ratings are updated daily on Angie’s List as new, verified consumer reviews are submitted. Companies are graded on an A through F scale in areas ranging from price to professionalism to punctuality.
For more than 21 years, Angie’s List restricted access to its verified reviews to consumers who paid membership fees. When the company removed that barrier, some companies worried that the new, non-paying members would not be as engaged as members of the past. Experience has shown, however, that these newly added members are just as engaged – across all age groups – as prior members. Also, because the company continues to adhere to its review verification process, there has been no degradation of review quality.
“The biggest change at Angie’s List is that we are connecting even more consumers to high quality service professionals,” Hicks said. “And that’s good for everyone.”
Angie's List helps facilitate happy transactions between more than 4.5 million consumers nationwide and its collection of highly rated service providers in more than 720 categories of service, ranging from home improvement to health care. Built on a foundation of more than 10 million verified reviews of local service, Angie's List connects consumers directly to its online marketplace of services from member-reviewed providers, and offers unique tools and support designed to improve the local service experience for both consumers and service professionals.
Welcome Home Grants offered through the Federal Home Loan Bank of Cincinnati will become available March 1, 2017. This grant program will offer home buyers $5,000.00 that can be used towards their down payment and/or closing costs. The best part is that you do not have to be a first-time buyer to qualify! To qualify for the program, you must have income under the maximum income limits shown on the table below. The Welcome Home Funds available are limited and they are offered on a first come, first served basis. You must have your new home under contract to reserve your grant funds.
The Jason Bowman Team at RE/MAX Elite partners with several Greater Cincinnati Banks that are offering the Welcome Home Grant Funds. This has historically allowed our buyer clients to have longer access to the funds. If you are hoping to take advantage of the Welcome Home Grant, you need to start the process in February. It is imperative that you lock in by getting pre-approved and securing a contract on a home. Our Team is ready to help guide you through the process. Call or email today: 513-766-0647 or Jason@JJBowman.com
Maximum Income Limits for Ohio Counties - Welcome Home Grants
County 1-2 persons 3+ persons
Hamilton $56,560 $65,044
Brown $50,080 $57,592
Clermont $56,560 $65,044
Clinton $50,080 $57,592
Warren $56,560 $65,044
First Time Home Buyers are required to take a Home Buyer Education class. The requirement is simple to complete through online courses offered by MGIC. The course can be accessed online at https://homebuyers.mgic.com. Scroll down to STEP 1 of the section for purchasing a single-family home. STEP 1 includes the course material; STEP 2 is Test Tips; and STEP 3 is the Homebuyer Education Test. Once you have passed the test, you will be offered a certificate that can be printed and presented to your loan originator. The entire process can be completed in about 90 minutes.
FHA mortgages are popular with first-time buyers, clients with imperfect credit and buyers who prefer a small down payment her in Greater Cincinnati. However, Appraisers for FHA- financed properties are required to follow FHA guidelines during the appraisal process. If a property is not found to be “safe, sound and secure” per FHA standards, a property sale could be delayed or cancelled. All health and safety issues will have to be cured.
Here are some tips to help it pass appraisal. Below is a list of potential repair and improvements that should be considered against FHA current property requirements before an FHA appraisal is conducted:
- Peeling or damaged paint prior to 1978
- Leaks in plumbing, HVAC and other systems that cause damage
- Foundation shifting/structural settlement (You may need an inspection by a state certified structural engineer)
- Defective roofing (You may need an inspection by a state certified roofing inspector)
- Any loose or missing handrails that post a safety risk
- Defective or exposed electrical wiring
- Broken or non-working windows, doors, and garage doors, including locks
- Uneven, broken or loose stairs, flooring and driveways
- There may be other items that require repair or inspection that are not listed.
- Utilities are required to be on
- Attic and crawl spaces will need to be viewed and photographed Roof should have at least a 2 year remaining life.
- Be sure that all smoke/carbon dioxide detectors, GFCI outlets, water heater relief valves and other safety items are in good working order.
Whether you are a seasoned physician or just beginning residency, our Doctor Mortgage program was designed specifically with you in mind. Simply put, this top-class loan program meets the unique demands of physicians seeking home financing.
Here are the program’s features:
- Open to medical physicians, including residents, fellows, doctors of dental medicine (DMD/DDS), or doctors of osteopathy (DO).
- Proof of valid employment agreement or minimum three years self-employed.
- Fixed rate and adjustable rate available.
- Private mortgage insurance not required.
- Loan to Value (LTV) up to 100% in stable markets.
- Only available for primary residences, single-family residences, and townhomes.
Contact me to learn more about Doctor Mortgage programs. I look forward to working with you.
The Doctor is in…their new home that is. 100% financing is common for our Veterans or those seeking to take advantage of USDA financing in designated rural areas. One of the often missed financing options for Physicians and Dentists is the 100% mortgage loan to $650,000. Rates are extremely competitive and for loan amounts from $650,000 to $750,000, the down payment requirement is only 5%. There is no mortgage insurance required.
Those finishing Residency or Fellowship and leaving a $50,000 a year position to one ranging from $180,000 to $400,000 may not realize this option is available. Some Physicians may be purchasing their first home well above $500,000. The program allows for the exclusion of deferred student loan debt from the debt ratios as well as the ability to close on your new home within 60 days of starting your new position. The loan is available to those just graduating Medical School or those that have been practicing for years.
If you are a Realtor or Builder, incorporate this financing option into your business plan in 2017 and market to those that can take advantage of it. If you are a Physician or Dentist, homeowner or not, spread the word to your colleagues as you couldn’t pick a better time to take advantage of the low rates and no money down financing. The seller could even pay up to 3% of your closing costs if the contract was structured that way.
One last thought, the 30 Year Fixed Doctor Mortgage comes with a Bi-Weekly payment option that allows for a true bi-weekly amortization at no extra cost. In fact, the rate is normally lower when this option is chosen. Watch your loan amortize over 26 years instead of 30. Please contact me if I can help in any way or if you need additional information.
Lack of inventory is the number one issue troubling today's home buyers and real estate professionals alike. However for home sellers, it is creating the perfect storm to ask a little more than they would have a year ago. The markets in Greater Cincinnati and Northern Kentucky are hyper-local and it is more important than every to speak with a professional that knows your market. Unlike any other time in the past 10 years, it may be better to obtain financing approval to buy before you sell to prevent being homeless without a home to buy. Again, it just depends where you are at currently and where you plan to go to. Interested in your local market? Call the Jason Bowman Team for a free, no obligation consultation today. 513-766-0647. Now here is your market Snap Shot.
The Jason Bowman Team Earns Esteemed 2015 Angie’s List Super Service Award For 6th Year!
Award Reflects Company’s Consistently High Level of Customer Service
The Jason Bowman Team at RE/MAX Elite has once again earned the service industry’s coveted Angie’s List Super Service Award! This is the sixth consecutive year that The Team has earned this sought after designation. Candidates must demonstrate an Exemplary year of Customer Service to subscribers and members of Angie's List, the local services marketplace and consumer review site.
“Only about 5 percent of the Real Estate companies in the Greater Cincinnati area have performed so consistently well enough to earn our Super Service Award,” said Angie’s List Founder Angie Hicks. “It’s a really high standard.”
Jason Bowman adds: “We sincerely thank our customers and clients who took the time to review our Team on Angie’s List. Hearing their positive comments makes us feel that the work we do is appreciated.”
2015 Super Service Award winners have met strict eligibility requirements, which include an “A” rating in Overall Grade, Recent Grade, and Review Period Grade categories. In addition, eligible companies must pass a background check, be in good standing with Angie’s List, and abide by Angie’s List operational guidelines.
Service Companies are graded on an A through F scale in areas ranging from Price to Professionalism to Punctuality. Ratings are updated daily on Angie’s List.
Angie's List helps facilitate happy transactions between more than three million consumers nationwide and its collection of highly rated service providers in more than 720 categories of service, ranging from home improvement to health care. Built on a foundation of more than 10 million verified reviews of local service, Angie's List connects consumers directly to its online marketplace of services from member-reviewed providers, and offers unique tools and support designed to improve the local service experience for both consumers and service professionals.