Home Buying in Cuyahoga County : Questions & Answers

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Bd9421, Home Buyer in Cleveland Heights, OH
Bd9421 asked:
moving from los angeles to cleveland looking for a condo or townhouse in Euclid or richmond heights, haven't lived in Cleveland in the last 30yrs so not to familiar with the neighborhoods anymore so how are those two areas…
0 votes Share Flag Tue Jul 28, 2015 Home Buying in 44123
Arnonelinda, Both Buyer and Seller in New York, NY
Arnonelinda asked:
looking at houses on north side of lakeshore around e. 217. Also on 198 e. 228 off Chardon Rd. Looking for resale predictions for 2020. At this time both areas are beautiful and well kept and not many rental properties. Any info at all pertaining to this would be gratefully appreciated. Thank you.......
0 votes Share Flag Fri Jul 24, 2015 Home Buying in Euclid
Larry Tollen, Real Estate Pro in Durham, NC
Larry Tollen answered:
SSI $730 a month. I have a part time job that $570 a month. My combine income is $1,300 a month. I only been on job for 2 months. Do i qualify ?
Generally speaking you're going to need a couple of years of work history for the income to count. I suspect that your SSI income won't be sufficient. The best way to find out for certa ... more
0 votes Share Flag Mon Jul 20, 2015 Home Buying in 44115
marco9991, Home Buyer in Richmond Heights, OH
marco9991 answered:
Why are taxes SO high in Richmond Heights, ohio? The schools arent that good so where does all the money go?!
2911there has been an influx of very nice people that have come from cross cultures in the last ten years
i believe the school system is slow to adjust to teaching techniques which hav ... more
0 votes Share Flag Mon Jul 13, 2015 Home Buying in Richmond Heights
Sleefranklin, Home Buyer in Carmel, IN
Sleefranklin asked:
Who pays back property taxes on a distressed home? Home is listed at $40,000 and $20,00 due for point of sale
0 votes Share Flag Fri Jul 10, 2015 Home Buying in Shaker Heights
Ben Murphy, Real Estate Pro in Parma, OH
Ben Murphy answered:
Rent or buy starter home?
Hi there. It seems that you didn't get a good response to this question yet! Seeing as this was almost a year ago I'm not sure that my reply will do you any good but your situation is n ... more
0 votes Share Flag Thu Jul 2, 2015 Home Buying in Lakewood
John Burke, Real Estate Pro in Austin, TX
John Burke answered:
First time home buyer with credit score of 610
Hi Sherifftexas3000,

I can do FHA & VA Loans down to a 580 so your credit score will get your foot in the door so to speak.

Larry's advice isn't really smart and here's why. You c ... more
0 votes Share Flag Wed Jun 17, 2015 Home Buying in Cleveland Heights
Alicja Patel, Real Estate Pro in Guyton, GA
Alicja Patel answered:
What is considered the "Tremont" area in Cleveland and how attractive is it for working professionals?
Tremont is a neighborhood in the city of Cleveland, Ohio, listed on the National Register of Historic Places. Tremont is one of the oldest parts of Cleveland, and once held a large Germ ... more
0 votes Share Flag Wed Jun 10, 2015 Home Buying in Tremont
Lisa Gaines, Real Estate Pro in Beachwood, OH
Lisa Gaines answered:
I'm selling a house by owner, do I need to get a real estate attorney? The buyer is paying cash and purchasing the house "as is"
I think it depends on the area norms. Real Estate is like politics....its local. In northeast Ohio, Attorneys are rarely used because realtors are the experts because we do this mor ... more
0 votes Share Flag Tue Jun 9, 2015 Home Buying in 44122
Tony Grech, Real Estate Pro in Michigan
Tony Grech answered:
DTI question for FHA loan
That shouldn't be a problem. FHA loans all the time get approved with DTI's even exceeding 50. Generally your loan officer will run the file through DU - Desktop Underwriter which is an ... more
0 votes Share Flag Mon Jun 1, 2015 Home Buying in 44118
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
The bank counter-offered my short sale without having ordered a BPO. Is this normal?
No, unless they already did one and you dont know. It is common for them to order exterior bpos every 3 months. They would not counter without knowing the value in todays market
0 votes Share Flag Wed May 27, 2015 Home Buying in Cleveland
Dan Tabit, Real Estate Pro in 98074
Dan Tabit answered:
I am seller of empty house to 203k buyer, contract since 9/14. all inspections done, is this in any way reasonable.
Does your contract allow this much time? It's not reasonable and I suspect there is more to the story. Unless you signed extensions permitting this, your original contract is p ... more
1 vote Share Flag Tue May 12, 2015 Home Buying in 44111
Sally Grenier, Real Estate Pro in Erie, CO
Sally Grenier answered:
trying to save several houses, hitting the HEART button, not going on list. AND no updates on them. What am I doing wrong?
Not sure what "heart" you're referring to. Are you confusing Trulia with Zillow??
0 votes Share Flag Thu Apr 23, 2015 Home Buying in 44147
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