Price Reductions
77386 Goldenrod Dr, Mentor-on-the-Lake
$129,900 NEW PRICE!
2031 E 224th St, Euclid (Rent)
$1,300 NEW PRICE!
My goal is to share my knowledge of the real estate industry as well as available properties. I am happy to answer any questions you may have.
Feel free to call or text me at 440-346-2031.
Start Your Ohio Property Search Here: www.ohiohomeservices.net
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Thursday, January 31, 2019
Price Reductions!
Wednesday, January 30, 2019
Tuesday, January 29, 2019
Monday, January 28, 2019
My Offer Was Accepted! Now What?
You have spent months looking for the perfect home. You found it, wrote an offer and it was accepted! You already provided your lender with your income and asset statements before you even started looking for a home, so you know you qualify. So what else do you need to do except wait for closing? There are actually several things you still need to do before you can put your feet up!
Inspections
The very first thing you need to do is schedule your home inspection. Contracts usually allow a buyer seven to ten days to perform a general home inspection as well as more specific inspections. When you initially wrote the offer to purchase the home, your agent should have advised you on the importance of conducting a home inspection. By checking this option, the purchase is now ‘contingent upon a home inspection’. This is a term that will give you a right but not the obligation to hire the assistance of a home inspector as well as other professionals who can take a close look at the home. After the inspections, you can request that the seller make repairs to the home prior to closing; ask for a repair allowance to be given to you at closing or if the repairs are substantial, you can decide not to go ahead with the purchase. As you can see, home inspections are imperative on a home purchase.
Loan Application
Although you provided your lender with your financial information upfront so that you could be issued a pre-approval letter, it is now time to make formal loan application. Now that you have an address, a sales price and a time-frame you can apply for a specific loan amount and lock in a rate for a specific time period. This should be done within a few days of your offer being accepted and often is preferred to be made after the home inspection but be careful to coordinate and follow the dates in your purchase contract. Your lender will likely need you to provide updated income and asset statements from the last time you turned them in. Once your loan has been processed, there may be additional requirements from the lender as well. Turn in everything as soon as possible so there are no delays with the loan which could cause your closing to be delayed.
Homeowner’s Insurance
If you are financing your new purchase, homeowner’s insurance needs to be in place prior to final loan approval. This is because the lender needs to know that you qualify with the payment including your monthly homeowner’s insurance obligation. Buyers sometimes overlook this requirement or rush through the process which can cause complications or consequences later. Closings have been delayed due to lack of insurance but worse is when a catastrophe occurs to the property and the homeowner finds out they do not have adequate coverage to repair or rebuild without coming out of pocket. Take the time to make sure you are getting the right coverage so that you are protected in the future.
Summary
After your offer is accepted, now the hard work begins! Do your home inspections, make loan application and get your insurance in place so that you are ready for closing. Once you close on your new home, then you can sit in your new yard and enjoy the sunshine!
Friday, January 25, 2019
Thursday, January 24, 2019
Open Houses!
Open Houses for January 27, 2019
7300 Hunter’s Trail, Concord
Open 1:30-3:30pm
$324,900
3bd 3ba
Call 440-525-3331
11393 Somerset Trl, Concord
Open 12-2pm
$325,000
4bd 3ba
Call 440-488-1061
6748 Bayside Dr, Madison
Open 11am-1pm
$175,000
3bd 3ba
Call 440-413-1963
7565 Johnnycake Ridge Rd, Mentor
Open 11am-1pm
$149,900
3bd 2ba
Call 440-525-3331
8677 Johnnycake Ridge Rd, Mentor
Open 9am-3pm
$459,900
4bd 3ba
Call 440-221-0075
7386 Goldenrod Dr, Mentor-on-the-Lake
Open 11:30am-1:30pm
$134,900
3bd 2ba
Call 440-251-0791
1450 Thatcher Dr, Painesville
Open 12-2pm
$230,000
5bd 2ba
Call 440-527-2641
2150 Kimberly Ct, Wickliffe
Open 2-4pm
$375,000
4bd 4ba
Call 440-339-3626
2985 Gale Rd, Willoughby
Open 1-3pm
$325,000
4bd 3ba
Call 440-339-0603
9024 Regency Woods, Kirtland
BY APPT
$450,000
4bd 3ba
Call 440-296-5006
6651 Breezewood Rd, Concord
BY APPT
$330,000
4bd 3ba
Call 440-296-5006
6834 Chapel Rd , Madison
BY APPT
$359,900
3bd 3ba
Call 440-296-5006
Wednesday, January 23, 2019
Tuesday, January 22, 2019
Monday, January 21, 2019
Why You Should Use a Realtor?
Many people question the value of a Realtor often wondering if the commissions they receive is worth the time and effort they put in. The simple response is Yes! There are several reasons why Realtors should be used to sell a property.
Local Real Estate Knowledge
A great Realtor has a lot of knowledge about the local real estate market. They have an understanding of and can provide you with a realistic parameter of what you can expect to sell your home for. They have access to the Multiple Listing Service (MLS) which holds data that can provide you with the sales of comparable homes in the area. It is imperative that your Realtor knows what is going on in your area so that they are able to better determine the best plan of action to sell your home.
Real Estate Experience
Realtors have experience selling homes and have an idea of what sells and what does not. While you may think that your sunflower border in the kitchen is adorable, your Realtor is likely going to tell you that borders are dated and you need to paint the kitchen. These little details can make a huge difference when you sell your home. A good Realtor has an eye for details and can pick out different elements of your house that will stand out to potential buyers.
Ability to Price Home Correctly
Trying to sell your home without the use of a Realtor can actually cost you money. Because of the data that Realtors have access to, they are better equipped to make a list price recommendation. By listing too low, you run the risk of losing money but priced too high and you run the risk of delaying the sale and later having to reduce the price. A Realtor has the knowledge and expertise to help you price the home where it will sell quickly and for the most amount of money. In fact, the National Association of Realtors has statistics that show homes sold with a Realtor actually sell for money.
Real Estate Marketing Skills
Marketing is a huge part of real estate. Skilled Realtors know how to market homes with pictures, videos, and great descriptors as well as which online sites to post your home to that will drive buyers to your listing. They are also responsible for marketing, arranging and managing open houses and showings. Everyone is busy so it would be difficult for a homeowner to manage six showings on a day they have to be at work. This is why you have a Realtor.
Professional Real Estate Connections
Realtors that have been in the business a long time have a long list of professional connections and contacts. If you come across a need during the sale of your home (inspections, septic repair, etc.), a good Realtor can recommend several professionals to meet these needs. These kinds of things frequently come up during the process of selling a home. Having a Realtor with a pocket full of resources is extremely helpful.
Real Estate Negotiation Skills
A Realtor is very knowledgeable about the entire selling and buying process including the negotiations. Negotiations can be tricky. You do not want to immediately accept your first offer nor do you want to counter an offer at too high of a price that will cause the buyer to walk away from the table. Your Realtor will have experience in negotiations and can give advice and recommendations throughout this process. This can ease some of your anxiety as well as get you more money on the sale.
Facilitate Real Estate Closings
There is a lot of paperwork involved in both buying and selling real estate. It is not uncommon to feel like you are signing your life away. You may encounter state contracts, title documents as well as lender contracts. Fortunately, your Realtor can help explain the documents you are required to sign so that you can feel comfortable throughout the process.
Using a Realtor is the most effective method to sell your home. An agent can help you choose the best list price, market your home, get potential buyers in for showings, negotiate the best deal on your behalf and assist with the closing process. All of these services make a Realtor commission worth it. You have a better chance of selling your home quickly and for more money with a real estate agent!
Friday, January 18, 2019
Thursday, January 17, 2019
Open Houses and Price Reductions!
Open Houses for January 20, 2019
657 2nd St #2, Fairport Harbor
Open 2-4pm
$205,900
2bd 2ba
Call 330-232-2689
7151 Green Valley, Mentor
Open 2-4pm
$280,000
4bd 3ba
Call 440-413-1963
7574 Miami Rd, Mentor-on-the-Lake
Open 11-1pm
$139,900
3bd 1ba
Call 440-413-1963
7565 Johnnycake Ridge Rd, Mentor
Open 1:30-3:30pm
$149,900 NEW PRICE!
3bd 2ba
Call 440-251-0791
8677 Johnnycake Ridge Rd, Mentor
Open 12-3pm
$459,900
4bd 3ba
Call 440-279-8585
7386 Goldenrod Dr, Mentor-on-the-Lake
Open 11am-1pm
$134,900
3bd 2ba
Call 440-251-0791
2985 Gale Rd, Willoughby
Open 12:30-2:30pm
$325,000
4bd 3ba
Call 440-339-0603
2965 Rockefeller, Willoughby Hills
Open 2-5pm
$379,900
4bd 3ba
Call 440-221-0075
11393 Somerset Trl, Concord
BY APPT
$325,000
4bd 3ba
Call 440-296-5006
6748 Bayside Dr, Madison
BY APPT
$175,000
3bd 3ba
Call 440-296-5006
1450 Thatcher Dr, Painesville
BY APPT
$230,000
5bd 2ba
Call 440-296-5006
Price Reductions
1763 Warrensville Center Rd, South Euclid
$115,000 NEW PRICE!
33816 Willowick Dr, Eastlake
$89,500 NEW PRICE!
199 Gould Ave, Bedford
$89,900 NEW PRICE!
Wednesday, January 16, 2019
Tuesday, January 15, 2019
Monday, January 14, 2019
Critical Steps to Buying a Home
Purchasing a home is likely to be the largest investment that a person makes in their lifetime. Therefore it is critical to be aware of the steps a purchaser should take when buying a home.
Be Credit Worthy
Chances are that you will have to depend on a loan to purchase your new home. For this reason, it is important to make sure that your credit is in good shape. A lender makes their decision to finance in a large part upon a borrower’s credit score. This will also impact the interest rates a lender is willing to offer which affects the monthly payment and the overall amount that you will have paid for the home.
Save Some Money
You should also be aware that most lenders require some type of down payment. Most financial institutions will not lend 100% of the purchase price so a home buyer will need to save at least 3% to 5% of the sales price unless a gift from family can be obtained for the down payment. A lender usually likes to see some type of money in the bank as reserves so a new home owner is not strapped with an unexpected expense.
Get Professional Help
Working with a Realtor® is crucial when it comes to purchasing a home. Realtors® are well aware of the current real estate market and they will help not only find the right home for the right price but they will assist throughout the home buying process. This will save a home buyer a lot of time and money.
These critical steps should be taken into consideration when deciding to purchase a home. They will save you time and money and insure a favorable outcome!
Friday, January 11, 2019
Thursday, January 10, 2019
Open Houses and Price Reductions!
Open Houses for January 13, 2019
6651 Breezewood Rd, Concord
Open 1-4pm
$330,000
4bd 3ba
Call 440-637-3791
7300 Hunter’s Trail, Concord
Open 11am-1pm
$324,900
3bd 3ba
Call 440-525-3331
11393 Somerset Trl, Concord
Open 12-3pm
$325,000
4bd 3ba
Call 440-537-6671
9024 Regency Woods, Kirtland
Open 1-3pm
$450,000
4bd 3ba
Call 440-221-0075
6748 Bayside Dr, Madison
Open 2:30-4:30pm
$175,000
3bd 3ba
Call 440-488-1061
5212 Greenbriar Ln, Madison
Open 12-2pm
$267,500
4bd 3ba
Call 440-488-1061
7151 Green Valley, Mentor
Open 2-4pm
$280,000
4bd 3ba
Call 440-413-1963
8677 Johnnycake Ridge Rd, Mentor
Open 12-5pm
$459,900
4bd 3ba
Call 440-413-0588
7386 Goldenrod Dr, Mentor-on-the-Lake
Open 11am-1pm
$134,900
3bd 2ba
Call 440-251-0791
7574 Miami Rd, Mentor-on-the-Lake
Open 11-1pm
$139,900
3bd 1ba
Call 440-413-1963
2150 Kimberly Ct, Wickliffe
Open 2:30-4:30pm
$375,000
4bd 4ba
Call 440-339-3626
2965 Rockefeller, Willoughby Hills
Open 12-2pm
$379,900 NEW PRICE!
4bd 3ba
Call 440-339-3626
Price Reduction
7695 Auburn Rd, Concord
$975,000 NEW PRICE!
1335 Perryville Pl, Ashtabula
$37,500 NEW PRICE!
5301 Jefferson Ave, Ashtabula
$47,500 NEW PRICE!
Wednesday, January 9, 2019
Tuesday, January 8, 2019
Monday, January 7, 2019
Should I Sell Before I Buy or Should I Buy Before I Sell?
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!
Friday, January 4, 2019
Thursday, January 3, 2019
Open Houses and Price Reduction!
Open Houses for January 6, 2019
657 2nd St #2, Fairport Harbor
Open 2-4pm
$205,900
2bd 2ba
Call 330-232-2689
7300 Hunter’s Trail, Concord
Open 11am-1pm
$324,900
3bd 3ba
Call 440-525-3331
11393 Somerset Trl, Concord
Open 1-4pm
$325,000
4bd 3ba
Call 440-537-6671
5212 Greenbriar Ln, Madison
Open 1-3pm
$267,500
4bd 3ba
Call 440-488-1061
1576 Algiers Dr, Mayfield Heights
Open 1:30-3:30pm
$150,000
3bd 2ba
Call 440-525-3331
7427 Essex Dr, Mentor
Open 12-2pm
$85,000
2bd 2ba
Call 440-413-1963
7151 Green Valley, Mentor
Open 2:30-4:30pm
$280,000
4bd 3ba
Call 440-413-1963
7565 Johnnycake Ridge Rd, Mentor
Open 11:30am-1:30pm
$159,900 NEW PRICE!
3bd 2ba
Call 440-279-8585
8677 Johnnycake Ridge Rd, Mentor
Open 12-4pm
$459,900
4bd 3ba
Call 440-283-7557
2965 Rockefeller, Willoughby Hills
Open 10:30am-12:30pm
$379,900 NEW PRICE!
4bd 3ba
Call 440-537-6671
2985 Gale Rd, Willoughby
Open 1-5pm
$325,000
4bd 3ba
Call 440-413-0588
6748 Bayside Dr, Madison
Open 1-3pm
$175,000
3bd 3ba
Call 440-339-0603
Price Reduction
6651 Breezewood Rd, Concord
$330,000 NEW PRICE!
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34645 Willow Creek Pl, Willoughby - $399,000 1331 Bennett Rd, Madison - $329,900 7165 Hawthorne Dr, Mentor - $274,900 4423 Ashwood Ave...