Cleveland Real Estate News

Glad they caught up with this man who allegedly helped perpetuate housing market value decline all over the County.  But I have questions related to the ones he ‘flipped’ in Cleveland.  The City of Cleveland requires every home owner with an accepted contract to sell their home, to fill out a disclosure form that states [...]

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Working with two clients who will need to do a ‘lease to own’ option instead of buying right away.  Interesting to me that both have student loan issues.  Those pesky loans can be a burden (and a credit issue) for those who are just starting their job lives after graduation.  One couple have a fantastic [...]

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I have clients looking to buy and they are looking to pay cash, not get a loan.  I just got another call today from someone looking to do the same. Both of these people are at different ends of the purchase spectrum (one for under $70k and one for $250k).  Now here comes an article [...]

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And even if it sells in 2012. The Debt Relief Act allows you an exemption on owing Federal income tax on the forgiven amount.  This is important! And good news. If you owed 150,000 and sold your house for 120,000, you will not owe taxes on the 30k difference. My suggestion is to check with [...]

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Many of us have moved many times in our lives, and I bet we can all say, some moves were smoother than others.  One move comes to mind for me. My ex husband tried to be very efficient.  He had interns working in his office and he elicited their help and bodies to pack boxes.  [...]

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Yesterday I wrote about navigating the Lease Purchase process. Today the focus on your lender’s perspective, and believe me when I say, their perspective is important. Lease Purchase  is not something to undertake alone. Team up with your lender. In fact, this team should ideally be in place before you find the home you want. Your [...]

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I calculated between June 1st and the last day of August.  These are homes sold through area brokerages.  On both sides of the River, the total comes to 477 for that two month period.  There were 340  sold West of the River and 137 sold East of the River.  These figures only reflect homes that [...]

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Sitting on a street near Jefferson Park on Cleveland’s West Side, this up and down two family was almost completely rebuilt after a fire.  It’s like a new construction home without the new construction price. The first floor has a layout similar to other NE Ohio doubles.  The upstairs unit (current owner’s suite) encompasses the [...]

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I just listed a property that is a great example of what Ohio City is all about.  A plus, it’s on Jay Avenue, which many consider to be the best street in the  area.  There is a main house with over 2600 sq. ft. of living space, including a lower level (but walk out) finished [...]

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Like most statistics, you can get multiple viewpoints about what those stats mean. NewsNet5.com uses Trulia comments that it’s cheaper to own a 2BR house than it is to rent a 2 BR house. One of the reasons stated is that home prices are continuing to fall. (Of course, then you get to NewsNet5′s next [...]

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