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44116 : Real Estate Advice

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Activity 8
Sun Feb 22, 2015
LaTonia Hope answered:
It depends on where the scam has occurred. You may want to consider filing a report with the Federal Trade Commission or your state's Attorney General's Office. You also have the Better Business Bureau at your disposal as well as social media to bring more attention. ... more
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Wed May 21, 2014
Annette Lawrence answered:
Be patient. The ability to see pictures will return.

However, if you are truly a serious buyer, you need access to the Multiple Listing Service.
37% of the data on Trulia is faulty.
Only 75% of the homes that are actually for sale appear here.

A serious buyer, who values their time, should want access to reliable and responsible data.
Pick up the phone anc call a local REALTOR for FREE access......if you are serious.
... more
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Mon Sep 17, 2012
Melissa Mentzer answered:
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
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Thu May 10, 2012
Don Tepper answered:
No.

There's nothing magical about being able to break a lease if you decide to buy.

The landlord might let you out of the lease. Or I see offers to buy you out of your lease. Either of those are possibilities.

As for those who say: "Read your lease," they're right. But I'm assuming (based on your question) that you read the lease and there's no "out" provided. That's why you're asking if you can break it. And therefore the answer is simple.

No.
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Wed Apr 18, 2012
Tari Torch Sweeney answered:
Not very. The reason is because the market was so bad, and the home prices dropped dramatically, but in many cases the tax asessments did not keep up, so to speak. It's one thing to have your taxes go up, and another to show that since market dropped, the house should be dropped as well. Cities depend upon those monies. 5 years ago they were "lower" than what homes could sell for....everywhere, not only River. NOW, when you see the "Real Market Value" that the tax legal puts on the property, it is usually pretty low, and should be higher. It changes continually. I would be more cognizant of the home sales around you than of the tax legal. All Realtors know this, as well, when they list a home. We do not depend upon the tax assessments. It's a PART of the entire pricing possibility, but not a key factor. And, of course, we are not seers, and cannot see what it should be totally...the market, and buyers, dictate the selling price, ultimately.

Hope that helps.

Tari
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Wed Feb 9, 2011
Debra Foreback answered:
This property is a bank-owned foreclosure. Back taxes and HOA fees would have been paid by the bank when they foreclosed. The buyer would be responsible for taxes from the date of possession. As previously stated, HOA fee is $289/month.

Due to the $19,900 list price here, chances are slim that you would be able to get a loan. Most lenders won't do anything below $40,000, so you will probably need cash to purchase. I've seen people purchase in this price range by taking out a personal loan, or a cash advance on their credit card.

You may check taxes on any property in Cuyahoga County by going to the County Auditor's website: http://auditor.cuyahogacounty.us/repi/default.asp

Debra Foreback
RE/MAX Beyond 2000
216.373.2882
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Mon Oct 25, 2010
James Ryan answered:
Hi Joan....
Condos are a four letter word in this market right now, and financing is difficult at best, especially as an investment property. That being said, I doubt your furnishing the condo will make it more marketable, unless you are looking to rent short term to transients or corporations that have traveling exectutives. Best wishes,
Jim Ryan, Home Savings of Amerca, 703 591 5626 ext 419.
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Thu Jul 16, 2009
Brittany Simonelli answered:
If the seller has not been granted an extension for the sherrif sale, and their short sale is not approved as of yet, it won't be prior to auction. It will be available for sale again in a few months once the bank purchases it back. ... more
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