If the home is a very large home with many existing baths, not as much as upgrading on a smaller home with less bathrooms. A full bath on the first floor will allow for a larger buyer pool, as well.(example is someone who has difficulty using stairs. This scenario is also nice for visiting guests if there is a room off the bath to use as a guest room (i.e. office or extra room with pull-out sofa).... more
Current data (2012) give a figure of 8% vacancy in a market that is 34%+ renters. This is across the board, however. Details show a very occupied downtown apartment situation and the vacancy rises as you go into certain ring areas. Take into account that the data trend lines aren't all that long. Cleveland was only begun in 2005. That said, the 2012 occupancy is the highest on record. All information was obtained from Census ACS data.... more
As a resident of Shaker Heights, I can tell you that http://www.shakeronline.com, is a wonderful resource for information on the community. My husband and I used this website a lot before we moved to Shaker in July of 2012. Good luck!
Patty Sullivan - REALTOR
(216) 452-0255... more
The rental market is very saturated in certain price points in Westlake. Please feel free to call me at 440-759-9903 to discuss. I have a great rental property in Westlake right now and would love to show it to you if it fits your needs. Thanks and good luck!... more
The challenge is not the score, but the income. For self-employed, there is a minimum of 2 years of tax returns required to average the income.
You can try to clean up your debt, since this would be a wise move in the long-run for you anyway. But to answer your question, you cannot include your income but exclude your credit.
The only other option would be for your husband to find a co-signor who is an immediate family member of his or yours. They would need to have high income and low debt. They would, however, be liable on the mortgage debt and need to be aware of that.
You may contact me on here to discuss further, or you can call me at 440-320-5959.
It seems anti-America to permit the type of things that limit homeowners and buyers from having to incur such a burdensome system of inequity. However, local, home rules pervails. Make sure if buying in cities with "point of sales" similarly to Maple Heights, make sure you have funds to cover repairs and ro leave comparable funds in escrow.
Funds are not dispensed until all of the violations are inspected and approved which may pose a real hardship on buyers and owners with limited funds.
Do not expect to receive your escrow deposit unitl the work is completed. That is just the way it is!... more
Hi Vinny-Hondros College offers real estate license courses. They have several locations in Ohio, the Independence location is the closest to us. They have great instructors and the courses really prepare you for the exams. Your investment course will not count but it will help you once you have your license! Good Luck!... more
Larchmere is a great area and has a strong history of success. I opened my first business on Larchmere in 1972' it was called woodland back then. I was told it was a changing neighborhood, well ... All neighborhoods are changing. I still own property on Larchmere and it is a great place to be. I would highly recommend opening a business in one of Cleveland's great neighborhoods. A short walk to Shaker Square, close to the transit system, restaurants, antique stores and more. Fine Points!... more