Tuesday, December 30, 2014

Cleveland and Columbus Ohio Are Ranked In The Top 12 Coolest Downtown Cities!

Cleveland and Columbus Ohio ranked in the top 12 Coolest Cities! There is plenty to do and see in both Cleveland and Columbus! read more...www.realestateresource.tv

Tuesday, December 23, 2014

Lake County Ohio Septic System Inspection Requirements!


The evaluation of a home sewage disposal system Is not required by law in Lake County when a home is sold, but is performed on a request basis. The requestor can hire private firms that are acceptable to the mortgage lender to make such evaluations.
In order for the Lake County General Health District to perform an Inspection, the property needs to adhere to the...http://www.realestateresource.tv

Friday, December 12, 2014

CEO purchases Chicago's Trump Tower penthouse for $17M

Sanjay Shah, founder and CEO of Vistex, Inc., makes history with his purchase of the Trump International Hotel & Tower penthouse on Monday, December 8, 2014 in Chicago.
At the moment, the penthouse is...http://www.realestateresource.tv

Hackers Perpetrate Wire Transfer Fraud In Real Estate Transactions!

Hackers are using the internet to transfer funds into their accounts from Lenders who are providing funds for home sales. The scan works like this. Wire transfer instructions are emailed to the buyer. The buyer complies with the instructions to the letter. The next day, escrow contacts the buyer asking if the money has been sent yet. The buyer checks with his bank and is assured that the funds have been transferred out. When the money has still not shown up, everyone begins to retrace steps. As it turns out...http://www.realestateresource.tv

Tuesday, December 9, 2014

Fannie Mae and Freddie Mac Announce 97% L.T.V!

 Fannie Mae and Freddie Mac announced today that they will be rolling out the 97% L.T.V again!  That means the buyer only needs 3% for their down payment.  As you all know, Fannie Mae does allow for 100% gift for buyers, this new announcement is monumental! 
http://thezingalesteam.ohiohomeservices.net/listings/areas/12725/Community/Concord+Township/propertytype/SINGLE,CONDO,MULTI,LAND,FARM,MOBILE,INCOME,COM,RENTAL/listingtype/Foreclosure+Bank+Owned/sort/price+desc/

Wednesday, December 3, 2014

John Palmer's Bistro 44 in Quail Hollow sold to restaurateuring couple!

CONCORD OHIO IN QUAIL HOLLOW!  After nearly 15 years running a restaurant, Michelle and John DeJoy decided to sell John Palmer's Bistro 44. Thing was, they didn't want to see their Concord destination close.
Meanwhile, friends and fellow restaurateurs Alison and Sean St. Clair had been waiting for the opportunity to run their own spot.
Sean St. Clair, a Johnson & Wales University graduate, was working as chef de cuisine for Red the Steakhouse in Beachwood. Alison, his wife and a John Carroll University graduate, served as beverage manager for both Red and its sister business, Moxie, next door.
"An opportunity like this has been a dream of ours forever...http://www.realestateresource.tv
Sean and Alison.JPG

Can I Write A Purchase Contract For Parties Involved In A FSBO Transaction?

When a Realtor engages in writing a Purchase Agreement to help a For Sale By Owner and Buyer they have to be careful not to engage in the unauthorized practice of law by drafting the agreement. If the Realtor is filling in blanks on a pre printed contract they have not actually written the contract which was written by Attorneys.
The Realtor should be careful to...http://www.realestateresource.tv

Today's New Listings!

34645 Willow Creek Pl, Willoughby  - $399,000 1331 Bennett Rd, Madison - $329,900 7165 Hawthorne Dr, Mentor - $274,900 4423 Ashwood Ave...