2588 Thomas Jefferson Dr. - 4 bedroom home in Beavercreek, OH

As those of you know, inventory levels are way down for people actively looking for a house! And in Dayton, OH, that scenario is all too familiar. I have buyers lined up just waiting for "the right house". And if it does come along, there are multiple offers on the house! Frustrating for everyone, especially those that lost bid...

If you are one of those home buyers looking for a move-in ready, 4 bedroom home in Beavercreek, OH, you need to take a look at this one! Updated kitchen, huge yard (.4 acres), fenced backyard, newer flooring, finished basement, large master bedroom, second floor laundry...these are only a few of the highlights. This home also has the main hub of the house facing the backyard to offer that privacy everyone likes for TV nights and dinners. You also have a dining room and a living room area. I know these days, that living room area is easily converted to a kids' playroom, a game room or a home office. This one is the perfect size for any of those conversions! Keep in mind, there is also a finished basement to add to the space. The basement has two separate areas to easily divide the workout room with the movie theatre! Who wants to eat popcorn and sweet snacks while watching a movie AND look at your workout equipment...not me! Of course, there are endless possibilities for this basement, which is also abundant with storage! All the bedrooms are on the second floor along with laundry, which means no more lugging heavy laundry baskets up and down the stairs! The unique feature of the upstairs is a room off of the master bedroom. There are double doors that connect the rooms, which makes it perfect for a nursery or a reading/relaxation room! Or, close it off and make it a fully functional 4th bedrooms. Once again, a flexible feature in this house!

If this sounds like a house that matches your criteria and you could see yourself living in, click on the link for pictures and more details! http://2588thomasjeffersondr.isnowlisted.com/

After looking at the details and you would like to schedule a personal showing, let me know! I am more than happy to show this beautiful home to you and make it yours!

Happy house hunting!
Stephanie Clemens
937.902.4240
Stephanie@MyAgentinDayton.com

If you are looking for a fun evening in the Dayton area AND something different, here it is!!! Pinot's Palate in Miamisburg, outside the Dayton Mall, is a the place! I was invited to a private painting party at one of the new painting and wining businesses. Painting, not my thing, however, adding wine, I'm in! And you know what?!?!? Who knew I was such an artist!?!?!? With a little bit of instruction, this beautiful, white Christmas tree was transformed on my canvas! A picture that looked nearly impossible or at least very difficult, became so easy and so fun! We had a large group of probably 20+ women that all had creative juices flowing (maybe with the help of the wine)! Bottom line, if you ever get invited to go to an event like this, DO IT! Wow! Who knew something like this could be so fun!

Pinot's Palate offers private parties, date nights, ladies nights, men's night, etc! Something fun and different to do outside of the basic let's grab a glass of wine and sit somewhere. Here you can sit, enjoy your wine and be creative! Check out their website to see what they have in store soon: http://www.pinotspalette.com/miamisburg!

My Masterpiece -- how beautiful is this?!?!?

Until next time!!
Steph

www.MyAgentinDayton.com for all your Real Estate needs

What the heck is HECM?!?!?

HECM...new word for me. Interesting word, that is also. But once you hear the meaning and what it can do for you, if you don't already know, HECM is a GREAT word and one you will remember!!! The HECM for purchase program is for individuals 62 and over who are interested in purchasing a primary residence. By paying as little as 30% (depending on age) you can purchase without ever having to make a monthly mortgage payment! What?!?! Seems too good to be true...

To start, HECM is FHA backed. So, it is a legit program. Your cash at closing, depends on your age and your purchase price. The older you are, the less out of pocket you have to pay.  The only payment you will have monthly is taxes and other fees that may be associated to owning your new home (insurance or HOA, for example).  Interest does accrue on the balance of the loan on a rate competitive for this program. This program just makes sense.  The best part is this, if property values ever go down again, FHA will forgive that portion that is owed on the mortgage.  The sellers (including heirs) will not have to pay any difference in case of a property depreciation.  When values go up and you sell, the net proceeds are yours to keep! 

So what is not to love about this program???  Contact me today to find out how you can get into your next home with minimal money out of pocket and NO monthly payment.  Visit www.HECMProgram.com for more information.

10 Things to Know About the HECM Purchase Program
1. No credit qualification
2. Minimum income requirements (to cover property taxes and insurance)
3. No employment requirements
4. No debt-to-income ratios
5. No monthly mortgage payment EVER
6. You can live in the house until the last borrower vacates
7. You are not personally liable for the debt nor are your heirs
8. Loan-to-value ratios up to 70% based on age
9. Lending limits up to $450,000 based on age
10. Closing costs may be financed into mortgage

3 Steps to Qualify
1. You must be 62 years or older
2. HECM Mortgage must be for your PRIMARY residence
3. Money brought to closing must come from asset accounts or a gift and cannot be money acquired through debt.

What are you waiting for?!?!? Get out there and buy while prices and interest rates are still low!!!

Happy house hunting,
Stephanie Clemens

www.MyAgentInDayton.com
Stephanie@MyAgentInDayton.com

Dayton Homearama

Hi All!

Attended the Dayton Homearama this past week.  Homearama is always an exciting time here in Dayton.  We get to see the latest and greatest in home decor trends and see what the builder's trends are also!  This Homearama was no exception!  The culture was different this year than what it was in the past.  Being in an older community (Oakwood) with new homes built across the street from homes that are 80-90+ years old was interesting.  I looked at it as a fresh face for Oakwood.  The development could bring a whole new demographic to the area. 

On to the homes - gorgeous, as always!  Smaller homes than Homearamas of the past, but appeal to more buyers.  Some of the homes were sold already and others awaiting their new buyer.  Builders were M/M Construction, R.A.Rhoads and South Dayton Builders.  I saw a lot of neat, new, fresh features. Lots to build on are still available at Sugar Camp Pointe Oakwood and the home design plans seem very diverse.  Check it out!  You will not be disappointed!

http://www.hbadayton.com/#bf_miniCal_209


Stephanie Clemens

StephanieClemens.KWrealty.com

Home in Oakwood

Highlighted home of the week:  248 Volusia - 3 bedroom home in Oakwood.  Old charm with all the modern amenities in this home.  Hardwood floors, high ceilings, unique features (booth seating area, elevator-not warranted), two fireplaces, gorgeous staircase...and many more, you have to see what this house entails! Great for enjoying the outdoors with the huge deck in the back, fenced in yard and great landscaping.  You will fall in love with this home the moment you step foot in it! 

Oakwood is such a beautiful area in the fall!  So many older trees that turn this area of Dayton into a sea of red, yellow and orange. People are always in the streets taking leisurely walks, running, biking...and always friendly.  The citizens of Oakwood take pride in their city and it shows! 

Please come check out the open house in Oakwood for the 3 bedroom home at 248 Volusia at 1pm to 3pm on Sunday, October 30.  See you there!  Stop by to get your treat!!!!

USDA Loans

USDA loans, most of us have heard of them, but are not sure what they are all about. The USDA loan is a great option for those that do qualify.  Here are some basics:

1. 100% financing (with a Guarantee fee of 2% AND a .30 monthly MI fee)
2. Has to be a RESIDENTIAL property in a USDA deemed rural area; cannot be for the purchase of a farm
3. Available to low and moderate income borrowers
4. USDA income is based on the number of persons that will be living in the home
5. Income thresholds change based on 1-4, 5-8 and 8+ household sizes
6. As a general rule, properties with acreage in excess of 5 acres will be deemed excessive and ineligible
7. If any of the land is planted, the property is ineligible
8. Any outbuildings related to farming, the property will be ineligible
9. USDA loans are underwritten by the lender and then secondarily underwritten by the state USDA office

For more detailed information, please visit the USDA website: http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do?NavKey=home@1.

If you are considering purchasing property in a rural area, it may be worth your time to check it out. I know in the Dayton, OH area, there are quite a few areas that qualify, some areas will suprise you.  Some areas of Springboro and Waynesville qualify along with Trotwood, Xenia and possibly Bellbrook.

If you are a first time homebuyer that feels strapped to put down the 3.5%, why not check out this option? It may be in your best interest to move out a little further to get a 100% financed home loan.

Check with your bank to see if they work with these loans.  Good luck!

Bellbrook Open House

Awesome 4 bedroom, 2.5 bath home has been updated and is ready for you to move in!  Large, fenced yard with 2 patios and a swimming pool with a HUGE deck!  Bellbrook/Sugarcreek Schools. Close to all amenities. 

Stop by from 1 pm to 3 pm on Sunday, October 9.   2123 S Linda, Bellbrook, OH.  Look forward to seeing you there!