Open Houses, Price Reductions & Lease Purchases!

Open Houses for October 30, 2016

7720 Marewood Pl Concord
Open 1-3pm
$375,000
3bd 2.5ba

7501 Sarah Lee Dr Concord
Open 1-3pm
$425,000
4bd 2.5ba

5148 Mayview Rd Lyndhurst
Open 12-2pm
$150,000
3bd 1ba

6759 Eastgate Dr Mayfield Village
Open 12-2pm
$225,000          
3bd 2ba

6407 Brooks Blvd Mentor
Open 2:30-4:30pm 
$134,900
3bd 1ba

7956 Kellogg Creek Dr Mentor 
Open 2:30-4pm
$250,000
4bd 2.5ba

9099 Fairmount Novelty
Open 2-4pm
$675,000
5bd 3.5ba

175 Wood St Painesville
Open 12-2pm
$139,900
4bd 2.5ba


Price Reductions

6759 Eastgate Dr Mayfield Village
$219,900 NEW PRICE!

175 Wood St Painesville
$139,900 NEW PRICE!

3095 Chadbourne Rd Shaker Heights
$169,000 NEW PRICE!

Properties Considering Lease Purchase Option

6117 Saint Clair Ave Cleveland
$169,900
Commercial Brick Building with Multiple Income Streams! Great location on a busy street with good visibility.

384 East 211 St Euclid
$89,900
Updated Colonial with Old World Charm! Arched doorways and built-ins add to the character of this home. Home has been updated with modern paint colors and white trim.

 

Open Houses, Price Reductions & Lease Purchases!

Open Houses October 23, 2016

7501 Sarah Lee Dr Concord
Open: 12-2pm
$419,900
4bd 2.5ba

5148 Mayview Rd Lyndhurst
Open 11-1pm
$150,000
3bd 1ba

6759 Eastgate Dr Mayfield Village
Open 12-2pm
$225,000          
3bd 2ba

6407 Brooks Blvd Mentor
Open 11-1pm  
$134,900
3bd 1ba

7956 Kellogg Creek Dr Mentor 
Open 2:30-4pm
$250,000
4bd 2.5ba

175 Wood St Painesville
Open 1-3pm
$148,500
4bd 2.5ba

4206 Middleridge Rd Perry 
Open 2:30-4:30pm
$289,900
5bd 2.5ba

2541 Thor Ct Perry
Open 2-4pm
$159,000
3bd 1.5ba



Price Reductions

7501 Sarah Lee Dr Concord
$419,900 NEW PRICE!

Properties Considering Lease Purchase Option

6117 Saint Clair Ave Cleveland
$169,900
Commercial Brick Building with Multiple Income Streams! Great location on a busy street with good visibility.

384 East 211 St Euclid
$89,900
Updated Colonial with Old World Charm! Arched doorways and built-ins add to the character of this home. Home has been updated with modern paint colors and white trim.

 

Open Houses, Price Reductions & Lease Purchases!

Open Houses October 16, 2016

5148 Mayview Rd Lyndhurst
Open 12-2pm
$150,000
3bd 1ba

6759 Eastgate Dr Mayfield Village
Open 2:30-4:30pm
$225,000
3bd 2ba

6407 Brooks Blvd Mentor
Open 1-3pm
$134,900
3bd 1ba

7956 Kellogg Creek Dr Mentor
Open 3-4:30pm
$250,000
4bd 2.5ba

4206 Middleridge Rd Perry
Open 12-2pm
$289,900
5bd 2.5ba

4210 Middleridge Rd Perry
Open 12-2pm
$269,000
3bd 2.5ba

1845 Drenik Dr Wickliffe
Open 3-5pm
$99,000
3bd 1ba

Price Reductions

384 E 211 St Euclid
$89,900 NEW PRICE!

Properties Considering Lease Purchase Option

6117 Saint Clair Ave Cleveland
$169,900
Commercial Brick Building with Multiple Income Streams! Great location on a busy street with good visibility.

384 East 211 St Euclid
$89,900
Updated Colonial with Old World Charm! Arched doorways and built-ins add to the character of this home. Home has been updated with modern paint colors and white trim.

 

What is a Seller’s Market? What are the Advantages?

Seller’s market is a term used when the process of buying real estate favors mainly the seller. It is commonly characterized by the low inventory of housing which often allows sellers to raise their prices since buyers are competing against other home buyers in a low inventory market. Selling a home during a seller’s market offers several advantages.

Less Competition

When there is a low number of properties on the market, there is a greater chance that your property will sell. It is no longer a question “if” your property will sell but “when”. With a balanced inventory, there is no guarantee that a home will sell even if it is priced correctly and in good condition. With this same scenario, a seller’s market puts a lot of this fear to rest and sellers are counseled to begin planning their next course of action.

Quicker Sales

With a limited inventory and a high amount of buyers looking in a specific real estate market, your property will likely...Read More

Open Houses, Price Reductions & Lease Purchases!

Open Houses October 09, 2016

7720 Marewood Pl Concord
Open 1-3pm
$375,000
3bd 2.5ba

7801 Tattler Ct Concord
Open 1-3pm
$350,000
3bd 3.5ba

5148 Mayview Rd Lyndhurst
Open 12-2pm
$150,000
3bd 1ba

6759 Eastgate Dr Mayfield Village
Open 12-2pm
$225,000
3bd 2ba

6407 Brooks Blvd Mentor
Open 2:30-4:30pm
$134,900
3bd 1ba


Price Reductions

112 Center St Chardon
$110,000 NEW PRICE!

6407 Brooks Blvd Mentor
$134,900 NEW PRICE!

Properties Considering Lease Purchase Option

6117 Saint Clair Ave Cleveland
$169,900
Commercial Brick Building with Multiple Income Streams! Great location on a busy street with good visibility.

384 East 211 St Euclid
$94,900
Updated Colonial with Old World Charm! Arched doorways and built-ins add to the character of this home. Home has been updated with modern paint colors and white trim.

 

Highest and Best Use

As a real estate investor, when you purchase a piece of real estate, the first decision to consider is the highest and best use of the property. Many investors though immediately think to improve the property as it is currently being used. That may improve the value but if the property was converted or replaced with another type of real estate that is better suited for the area, that would improve the value exponentially.

Research the Area
An investor should make a thorough examination of the area to determine what the area needs. Does it need more housing? Is it lacking restaurants or retail spaces? What about parking? Being well aware with the community’s demands and needs is crucial when determining a property’s highest and best use.

Calculate the Returns
Converting or replacing a piece of real estate is an expensive endeavor. An investor needs to....Read More