LenderBradford's Blog

If you have a buyer that qualifies under OHFA's First Time Buyers Conventional Loan Program and uses their program, they will receive 3 years of Involuntary Unemployment Assistance without cost to them.   It is included in the Monthly PMI on their loan.    With the recent rise in rates that we ha...

Here is a good video for new home buyers. A local resource in Northern Ohio is

IF you have not visited Cuyahoga Falls Rockin on the River's Concert's it may be something to do this summer.    Here is the website http://www.rockinontheriver.com/ and below is the June schedule of concerts.    June 5th Zoso (Led Zeppelin Experience ) The Ultimate Led Zeppelin Experience Nothin...

For me the following table sheds light on why the housing market is so soft today.  Real Estate prices are related to Supply and Demand.  The number of homes available for sale is still present, however the number of buyers that can qualify has decreased for the reasons shown in this table.  Fact...

Great local post by Dan and Amy.   If you are looking for something to do this summer consider going on Mondays because it could be free.  See the following from the Zoo's Website. On Mondays, the Zoo (not including The RainForest) is FREE for residents of Cuyahoga County and Hinckley Township.*...

 OHFA (Ohio Housing Finance Agency) has increased the Income Limits and Sales Price Limits.   These new limilts should remain in effect for the rest of this year.   Below are the limits for the Cleveland MSA.   Other limits can be found on the OHFA Site.   http://www.ohiohome.org/homebuyer/county...

Ethical or unethical promotion of a property that needs work?   This is my question to fellow Rainers.  Would a sign like this at a property be in violation of any rules that govern the sale of Real Estate.? This is a real property that is for sale here in Northern Ohio.   Our market is down like...

As a lender on the receiving end of contracts written and also dealing with more appraisal issues that I have in the past, this post is to ask what tools are being used when listing a home or presenting an offer. Is anyone using Automated Value Module appraisals or the data the appraisals are req...

Consumers may wish to read this.   Remember nothing lasts forever.  This post by Dan and Amy, give the expected life of a number things associated with a home.  When buying a home, it is important to learn as much about the homes you are viewing, especially ones you really like. This way, you can...

On this morning news I heard about a book that was written by a Reporter that went thru what a number of people did, Over Extend themself to purchase the home of their want.    Here is a link to the NPR Story ( http://www.npr.org/templates/story/story.php?storyId=104192406&ft=1&f=1006 )  On that ...