Cleveland Real Estate News

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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Most of us know that even the old wood floors show ‘differently’ when carpets are removed.  Sometimes people have wall-to-wall and the removal can be a pleasant surprise…beautiful, unblemished wood floors!  It’s also true that when you lay an area rug over those beautiful old wood floors, the perimeters will eventually look different than the [...]

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I knew about this and it still scared me a bit.  I’m talking about the article I just read in The Wall Street Journal about a bank suing a former owner who foreclosed on his house.   It’s in depth and self explanatory.  Be aware of all the potential pitfalls if you foreclose.  Ohio IS a [...]

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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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Buying a home while first leasing it is becoming more popular this year. Sellers are more open to it, especially when they are worried about getting what they paid for their home when they bought it. Buyers can build their credit and save for a downpayment first. In many ways, it can be a win-win [...]

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This is amazing news, everyone.  The Cleveland Museum of Art and private collectors who have an amazing art foundation,  are joining forces to create a satellite museum site.  This is great news in itself.  But the best part is, they are saving and preserving a beautiful building that has been known as the Oblak Building [...]

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  The Senior Homeowners In Our Neighborhood Need Your Help If you live in Cleveland Heights or Lakewood, or any community, most probably there are programs to help neighbors who are senior citizens  age in place and keep up their homes.  Cleveland is divided into 36 neighborhoods.  My ‘hood, Bellaire Puritas, has the Bellaire Puritas [...]

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