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Entries from November 2009

Cleveland Improves Tax Abatement Requirements for 2010

November 27th, 2009 · No Comments

  This is, overall, great news.  The City of Cleveland is instituting green standard (LEED) requirements in order for new or rehabbed projects to receive tax abatement. Haven’t I been saying this for a few years, that this was the way to go with abatement.  The new standards will take affect in January 2010.  You [...]

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Tags: Cleveland Real Estate

A Perspective on County Government Reform From Pittsburgh

November 14th, 2009 · No Comments

Take it with a grain of salt, like everything else we read, but still worth reading. It’s been 11 years since Allegheny County in Pittsburgh switched to a Co. Executive/Council form of government. If nothing else, Jim Nichols’ PD article  interviews a cross section of people who were in the trenches in Pittsburgh when the [...]

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Tags: economic development · Ideas · politics

If You Don’t Qualify to Modify Your FHA Mortgage Loan, Maybe You Can Do Fannie Mae’s New Deed For Lease Program

November 7th, 2009 · No Comments

This means you would sign your title over to your lender and you would become their tenant.  The catch is Fair Market Value (FMV) for the rent. If it’s determined to be $850/month, and your mortgage is more than that, it won’t work. If  the FMV is less than what you are now paying per [...]

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Tags: Cleveland Real Estate · housing trends · Ideas

The Rest of the Story: 2010 Home Buyers Tax Credit

November 6th, 2009 · No Comments

Signed into law a few hours ago, there are now more financial incentives to keep up (or start) your home search, if this is a good time for you personally, to buy.  Having good housing inventory to choose from is important too.  To all who may have wanted to put their homes up for sale [...]

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Tags: Cleveland Real Estate · politics

Home Buyer’s Tax Credit Extension – Looks Like It’s Almost a Done Deal

November 5th, 2009 · No Comments

My colleagues have been posting about this all week, but I wanted to wait until it seemed like there really was going to be an extension to the FTH Buyers Federal Tax Credit.  Yesterday it passed in the Senate (and not one Senator voted against it, imagine that). The House passed the Home-buyer Tax Credit [...]

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Tags: Cleveland Real Estate · politics

Check Your Polling Place Locations…And Vote!

November 2nd, 2009 · No Comments

The Cuyahoga County Board of Elections lets you check your voting location here.  My location changed for the last election (the primary) and yours may have changed too.  Let’s surprise the heck out of the Board and ALL vote…..   Peace Out – 3C

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Tags: politics

Ford Does It Right: Profits Without Federal Handouts

November 2nd, 2009 · No Comments

I would love to know what Ford Motor Co has done differently (as far as how they are structured) from GM or Chrysler. They just announced a 1B dollar profit for the last quarter. And they are the only major US car company not to have taken Recovery Act monies. I don’t think it hurts [...]

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Tags: economic news