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General Area in Akron : Real Estate Advice

  • All210
  • Local Info18
  • Home Buying68
  • Home Selling10
  • Market Conditions8

Activity 11
Tue Aug 16, 2016
Corall Karen asked:
Looking for rental property for sale and homes for sale in Springfield township and Ellet.
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Tue May 26, 2015
Kmwoods6 asked:
Looking to learn more about the area. Where are the good, safe neighborhoods with good schools? What are areas to steer clear of? Thank you!
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Wed Jul 17, 2013
Wolfe asked:
I understand that there is a very important vote today for the akron board of realtors members. Wouldn't you think the website should be up and running on such an important day?
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Tue Nov 20, 2012
Shelli Humphrys answered:
I LIVE OVER HERE AND IT SUCKS THERE IS WAY TO MUCH DRUGS AND CRIME IV BEEN HERE FOR 2 YEARS AND I HAVE BEEN BROKE INTO 3 TIMES AND I HAVE HAD THE POLICE OUT 46 TIMES IN THE LAST MONTH AND THE POLICE DIDNT DO ANY THING ABOUT IT THANK GOD MY LEASE IS UP IN MARCH SO TO ANSWER YOUR QUESTION DONT PLEASE GO SOME WHERE SAFE CAUSE IT SURE ANT OVER HERE.... ... more
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Thu May 12, 2011
answered:
Hi Pam,
I know a very good agent...his name is Dominic Fonte (Cutler), and you can reach him at 330-418-1535. If you have any questions, you can reach me at jpick@crefco.com. I am a lender who specializes in FHA and USDA government loans.

Joshua Pick
216-236-7266
... more
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Fri Jan 15, 2010
Catherine Haller answered:
Ok.....I personally own a residence in THAT specific area you are talking about and have never had an issue. The location is convenient to the university, the highways, and quaint businesses. The homes are so unique and have LOADS of CHARACTER that you just can't recreate today.
It is funny, though, because some of my own acquaintances who live in some of the OTHER areas mentioned throughout some of the other responses here HAVE had issues and I have not! Kind of funny how WRONG people can be - as well their perceptions.
Just as an aside -*I was named as being in the Top 5% of All Realtors in the Nation last year, so if I would personally own a residence there what does that tell you?
*Finally, keep in mind, that lenders classified ALL of Northeastern Ohio as a 'declining market' this past year due to declining home values across the country.
... more
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Mon Aug 17, 2009
Don French answered:
Cindy, some builders in our area use purchase language that is different from the language in a Board of Realtors purchase contract and they shift some costs - typically real estate taxes and what we think of as "shared fees" - to being the buyers' expense. These additional costs load up the buyer's side of the settlement statement with cost burdens that the builder chooses not to pay. There is nothing that prevents any seller from dictating what closing costs he will or will not pay, but we have industry customs that are standardized into most purchase agreements used for resale homes, so as Realtors we know which costs are normally paid by buyers and which ones by sellers regardless of which brokerage provided the purchase contract. Builders tend to deviate from that, to increase their profitability. Be careful - Some builders have purchase agreements that have a mandatory arbitration clause precluding a buyer from filing a lawsuit for problems with the home or the builder's performance; this may be risky, as buyers then waive their rights to the use of the court system in case of a dispute. I recommend you have a good attorney or buyer's agent help you review contract language and determine if the builder's contract will be acceptable to you; you may want to instead use a Board of Realtors contract because it is standardized and keeps costs shared between the parties. Also, the Board of Realtors form has no "add-on" or "junk" fees charged to buyers and sellers (unlike brokerage contracts created by the the "big" real estate brokerages in our area). If you need further help, my firm does not charge buyers any purchase fees whatsoever, and in fact I rebate 25% of my commission at closing to my clients to assist them with their purchase. Not many brokerages rebate commissions. Thanks! ... more
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Sat Jun 20, 2009
Don French answered:
The county is charged with assessing properties fairly for taxation purposes. The County Auditor has to certify all property values by the 2nd week of November (that date is conveniently one week after he wins re-election by not disclosing to property owners increased values ahead of the election - yes, it's true!) Your purchase price will be compared to recent sales of similar properties, and you do have the right to appeal the assessed value by March of the next year. The county value will often approximate what you paid, if it was an arms-length sale, but if it is higher, the Auditor will have to support his findings in your appeal. Something buyers sometimes aren't aware of is that current owners who have a homestead exemption are paying substantially less in taxes than they will pay, so do look at the assessed value, not just the amount of the taxes being paid by the current owner, if it is noted on the Auditor's records that there is a homestead exemption. To help with next year's taxes, I offer a 25% rebate of my commission direct to home buyers at closing when they choose to utilize my buyer agency services. Good luck! ... more
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Thu Apr 2, 2009
Realtynovice answered:
Feel compelled to give follow up to those who answered. Home was listed at 99,900 and received an accepted offer within 90 days but did not close for 2 more months (Beginning of November 08 ( the usual things -finacing, inspection, negotiating) sold for 98,900 with the usual FHA 5% help. Home's orig assessment was 104000 and new was 89000. Hope this gives you all some useful information ... more
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Thu Apr 2, 2009
Realtynovice answered:
Thank you for your replies. We bought the home with a Warranty deed guaranteeing title free and clear. I think I'll take your advice and file a claim against the insurer now and go from ther.

BTW I wont be recommending the escow agent. I may even contact the state dept of insurance and the BBB for good measure.

Thanks again.
... more
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Tue Mar 31, 2009
Realtynovice asked:
it, one by a bank and one by a private party. We want to refinance at a lower rate so I went to the recorder's office to get a copy of the legal discription and discovered that the bank…
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