Thursday, June 27, 2019

Open Houses and Price Reductions!

Open Houses for June 30, 2019

11625 Lancaster Dr, Chagrin Falls  
Open 3-5pm
$695,000 
4bd 5ba
Call 440-221-0075

12358 Summerwood Dr, Concord 
Open 12-4pm
$375,000
5bd 3ba
Call 440-479-7379

8350 Kingwood Dr, Kirtland Hills  
Open 12-4:30pm
$399,900 
Call 440-289-8213

5671 Wellington Rd, Lyndhurst 
Open 12-2pm
$119,000 
3bd 1ba
Call 440-289-8213

11130 River Rd, Chardon 
BY APPT
$829,900 
3bd 2ba
Call 440-296-5006

8941 Billings Rd, Kirtland 
BY APPT
$365,000 
3bd 3ba
Call 440-296-5006

6750 Bayside Dr, Madison 
BY APPT
$162,500 
3bd 3ba
Call 440-296-5006

5599 Hickory St, Mentor-on-the-Lake  
BY APPT
$189,900 
3bd 2ba
Call 440-296-5006

4861 Webb Rd, Perry 
BY APPT
$450,000 
4bd 3ba
Call 440-296-5006

3745 Painesville Warren Rd, Southington 
BY APPT
$159,900 
3bd 3ba
Call 440-296-5006

V/L Lloyd Rd, Wickliffe 
BY APPT
$275,000 
3bd 2ba
Call 440-296-5006

V/L Eddy Rd, Willoughby Hills  
BY APPT
$325,000 
3bd 2ba
Call 440-296-5006

Price Reductions

15163 Burton Windsor Rd, Middlefield 
$119,900 NEW PRICE!

7466 B Auburn Rd, Concord 
$1,500 NEW PRICE!

Today's New Listings!

30899 Roosevelt Rd, Wickliffe

2745 Morning Star Ct, Willoughby Hills

28460 Chimney Ridge Trl, Willoughby Hills

6259 Glenwood Dr, Mentor

9420 Ridgeside Dr, Mentor

Monday, June 17, 2019

Can I Buy a New Home Prior to Selling My Existing Home?

Should I sell before I buy or should I buy before I sell? This is a common question from current homeowners who would like to move. Sellers are nervous to sell first and then not be able to find a new home that meets their needs. They are also nervous of finding the home of their dreams and purchasing it before they sell and then having two mortgage payments until their first home sells.  Let’s explore the advantages of buying a new home prior to selling your existing home.

Time to Move
One of the advantages of buying a new home prior to selling your existing home is that you will have plenty of time to get the new home ready to move into with updates such as painting and new flooring prior to actually having to move in. This is a nice option rather than having to do the updates while living in the home. Also, you will have time to pack your current residence and move into the new home and can even do it over time if you choose.

Move Only Once
By purchasing a new home first, you will avoid the need to possibly have to move twice. If you sold your home first but had no place to move, you might need to put your belongs into storage and move into temporary housing until you find your new home and close on it. You will likely incur rental charges both with a storage unit and housing. Purchasing a new home first will avoid the hassle of having to move twice.

Disadvantage
In spite of the good things this option offers, the biggest disadvantage of buying before selling is the possibility of paying two mortgages at the same time. This will be the case if you have already bought a new home but you are unable to find a buyer quickly for your existing home. If there is only a month or two overlap, that might be a better option than moving twice and incurring rental charges. If the timeframe is longer than two months, it may not be worth buying before selling.

Summary
You can buy a new home prior to selling your existing home. There are advantages and disadvantages to this option. There are also ways to minimize the risk of buying before selling. A competent real estate agent deals with this situation often and can provide options such as contracts with contingency clauses, rent back options, etc. Contact a Realtor today to help you buy a new home prior to selling your existing home!

Today's New Listings!

34183 Victor Dr, Eastlake

38395 Westminster Ln, Willoughby

9492 Creawood, Waite Hill

5 Sugarberry Ct, Painesville Township

505 Nelmar Dr, Painesville

14624 Valentine Rd, Leroy

Thursday, June 13, 2019

Price Reductions!

11625 Lancaster Dr, Auburn 
$695,000 NEW PRICE!

12358 Summerwood Dr, Concord 
$375,000 NEW PRICE!

6752 Bayside Dr, Madison 
$182,500 NEW PRICE!

6748 Bayside Dr, Madison 
$172,500 NEW PRICE!

6750 Bayside Dr, Madison 
$162,500 NEW PRICE!

4861 Webb Rd, Perry 
$450,000 NEW PRICE!

Today's New Listings!

S/L River Rd, Willoughby

9026 Coudry Dr, Kirtland

1748 Muirfield Ln, Painesville Township

486 Prestwick Path, Painesville Township

2775 Mcmackin Rd, Madison

Monday, June 10, 2019

Why Homeowners Should Work With a Realtor

Some homeowners feel they can sell their home on their own since they know their home better than anyone else. Others feel they are contract savvy so they can handle the purchase agreement and disclosures required to complete a sale. Still others feel they cannot afford the real estate commission so they have no choice. Whatever the reason, Realtors have a vast amount of knowledge and experience with the real estate market and different types of transactions that it is in the homeowner’s best interest to use a Realtor to facilitate the sale of their home.

Time is Money
Doing your own research is a tiresome and tedious process that involves going through vast amounts of information. There are hundreds of real estate sites full of information that vary and selecting the correct data may be tricky. Realtors work in the market every day and are already familiar with the sales as well as the differentials that can change or create a comparable sale. Realtors know what your home is worth in today’s market and what to price your home at so that it will sell in a timely manner.

Pricing Your Home Correctly
The real estate market is a fast-passed sector that constantly changes and evolves. Whether you are looking to sell your property or buy a new home, keeping up with all the changes is impossible unless you are a professional who has dedicated his time to the market. Failing to analyze the data may lead to poor and uninformed decisions that will lead many homeowners to price their homes incorrectly. Some are way overpriced causing their property to sit on the market and waste valuable time. Others are underpriced and using a real estate professional actually would pay for itself!

Marketing Your Home
Real estate professionals advertise their properties on hundreds of sites since most buyers start their real estate search online. Marketing a property is key to getting the most visibility and exposure which will give it the best chance to get sold in a timely manner. Homeowners will not have this kind of accessibility.

A Realtor can help a homeowner save time and money when selling their home. According to the National Association of Realtors, in 2013, the typical FSBO sales price was $40,100 lower than a home being represented by a qualified real estate agent. A homeowner cannot afford not to work with a real estate professional!

Today's New Listings!

38103 Burrard Ln, Willoughby

6 Public Sq #2, Willoughby

6 Public Sq #1, Willoughby

2701 Graylock Dr, Willoughby Hills

8175 Baythorne Dr, Mentor

184 Ava June Dr, Painesville Township

1972 Torrey Park Trl, Painesville Township

516 Prestwick Path, Painesville Township

9750 Patriot Ct, Concord

Thursday, June 6, 2019

Open Houses and Price Reductions!

Open Houses for June 9, 2019

11625 Lancaster Dr, Auburn 
Open 11-4pm
$749,900 
4bd 5ba
Call 440-413-1963

6651 Breezewood Rd, Concord  
Open 1-4pm
$329,000 
4bd 3ba
Call 440-637-3791

12358 Summerwood Dr, Concord  
Open 2-4pm
$385,000 NEW PRICE!
5bd 3ba
Call 440-479-7379

7616 Ninevah Rd, Geneva 
Open 11-1pm
$129,900 
2bd 2ba
Call 440-279-8585

8941 Billings Rd, Kirtland 
Open 2-4pm
$365,000 NEW PRICE!
3bd 3ba
Call 440-537-6671

4861 Webb Rd, Perry  
Open 11-3pm
$450,000 NEW PRICE!
4bd 3ba
Call 440-525-3331

6430 Murray Ave, Ashtabula  
BY APPT
$149,500 NEW PRICE!
3bd 2ba
Call 440-296-5006

11130 River Rd, Chardon 
BY APPT
$829,900 
4bd 4ba
Call 
440-296-5006

662 Jefferson Dr, Highland Heights  
BY APPT
$250,000 NEW PRICE!
3bd 2ba
Call 440-296-5006

VL Lloyd Rd, Wickliffe 
BY APPT
$275,000 
3bd 2ba
Call 440-296-5006

Old Willoughby Rd #Lot 27, Willoughby 
BY APPT
$379,900 
3bd 2ba
Call 440-296-5006

VL Eddy Rd, Willoughby Hills  
BY APPT
$325,000 
3bd 2ba
Call 440-296-5006

Price Reductions

6752 Bayside Dr, Madison 
$182,500 NEW PRICE!

6748 Bayside Dr, Madison 
$172,500 NEW PRICE!

6750 Bayside Dr, Madison 
$162,500 NEW PRICE! 

1220 W 67th St, Cleveland  
$275,000 NEW PRICE!

6917 Wilson Mills Rd, Mayfield Village  
$172,500 NEW PRICE! 

Price Reductions!

8941 Billings Rd, Kirtland 
$365,000 NEW PRICE!

12358 Summerwood Dr, Concord 
$385,000 NEW PRICE!

1220 W 67th St, Cleveland 
$275,000 NEW PRICE!

6917 Wilson Mills Rd, Mayfield Village 
$172,500 NEW PRICE!

662 Jefferson Dr, Highland Heights 
$250,000 NEW PRICE!

 

Today's New Listings!

38567 Fairway Glenn Blvd, Willoughby

5775 Colonial Blvd, Willoughby

8491 Johnnycake Ridge Rd, Mentor

7055 Culver Blvd, Mentor

519 Greenfield Ln, Painesville Township

7324 Dawn Pl, Concord

Monday, June 3, 2019

Importance of a Final Walk Through on a Home Purchase

There are many steps to take during the home buying process but one of the most important that is often overlooked is the Final Walk Through.

The Final Walk Through is a quick review of the property just before closing to insure everything is in order. It is not a detailed inspection of the property. It is used to determine that there are no major damages to the property since the buyer agreed to purchase the home.

Ideal Time for a Final Walk Through

The ideal time to perform a Final Walk Through of a property is after the seller has moved out of the home. This is the time to make sure everything that was agreed upon or expected to stay in the home with the sale has remained such as appliances, curtain rods, etc. Vacant properties should always have a Final Walk Through to make sure vandalism has not occurred prior to closing. If the purchase agreement allows for the seller to remain in the home until after title transfer, a buyer may still choose to do a Final Walk Through before closing although it is not as beneficial at this time.

Use a Checklist

When it comes to conducting an effective Final Walk Through, it is important for the buyer and real estate agent to have a checklist of the items that were to remain with the property as well as any repairs the seller may have agreed to make. A copy of the contract can act as the checklist. Remember the main idea is to confirm that the state of the real estate is as set out in the contract.

Condition of the Property

The importance of a Final Walk Through is to ensure that the property is overall in the same condition as when the purchase agreement was signed. It is not a home inspection nor is it time to renegotiate or to ask for additional repairs unless significant damage has been done to the property. The Final Walk Through is an important step in the home buying process to help prevent surprises once the title transfers and the buyer receives their keys!

Today's New Listings!

185 Larimar Dr, Willowick

38509 Ranally Way, Willoughby

10360 Chillicothe Rd, Kirtland

9828 Gabriel's Way, Mentor

7965 Champaign Dr, Mentor

525 Belglove Pl, Painesville Township

561 Prestwick Path, Painesville Township

4567 South Ridge Rd, Perry

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...