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Old Brooklyn : Real Estate Advice

  • All26
  • Local Info2
  • Home Buying6
  • Home Selling1
  • Market Conditions3

Activity 12
Sun Feb 22, 2015
LaTonia Hope answered:
It depends on where the house is and how it is assessed. You should go to the county website to see what the current owner is paying.
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Thu Jul 31, 2014
M R 330.338.5130 answered:
I would google Tampa Ave Cleveland Ohio and it should come up!
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Tue May 13, 2014
Jim Olive answered:
My first guess would have been that they pulled it off one of the junk sites that list homes straight out of the public records. But scam would have been a close second...
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Wed Jan 22, 2014
Kevin Davey 440-653-8220 answered:
Fees to manage should not exceed more than 10% of the monthly collected rents. Most property managers will charge a flat fee to actually handle the leasing of the property and typically that is equivalent to one months rent. I don't manage rental property but would be happy to point you in the direction of a group that does. Please feel free to contact me directly at kdavey@kw.com and I'll be happy to get you in contact with these folks. ... more
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Thu Jan 16, 2014
Cecilia Sherrard answered:
Google maps are a great place to find exact distance. Are you talking about The Cleveland Clinic or all of the Cleveland Clinics? There are several if so. Metro, UH for example. Old Brooklyn is approximately 25 minutes or so to The Cleveland Clinic depending on the time of day of course. Metro would be much closer. Not sure which hospital you're referring to, but Google or Yahoo maps can give you the exact route, mileage, distance, etc. if you need an exact distance. ... more
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Wed Aug 14, 2013
Seth Task answered:
Brooklyn is nice, yes. Most people I speak to that live there seem to stay, unless they can afford to move up. If you are new to the area and haven't purchased yet, it may be best to ask a Realtor to show you all of the communities that meet your price range as well as proximity to work, community services you require, etc. ... more
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Thu Jul 11, 2013
Terry Mitchell answered:
Hi Rafael,
Feel free to contact me directly for any real estate questions you may have.

Sincerely,
Terry Mitchell
(440) 465-9611 direct cell
0 votes 3 answers Share Flag
Fri Jan 18, 2013
Lorene Bowles answered:
I have lived in Old Brooklyn for 23 years, and I am planning to stay. The schools are Cleveland Public Schools. The elementary schools, particularly William Cullen Bryant on Oak Park, are rated excellent and have won awards. The high school is James Ford Rhodes, and it is one of the best in the Cleveland school system, though I wouldn't rate it as high as I would, say, the Medina school system. However, there is a wonderful elementary/middle school charter school on State Road - Constellation Schools--and there are always parochial schools for high school students if you don't care to have them attend the public schools. If you are looking for the best areas of Old Brooklyn, look in these areas: South Hills area, in the Broadview/Schaaf Road region, is a lovely neighborhood; the area near Memphis and Ridge (north of Memphis, bordering on Brooklyn) is also a pleasant neighborhood. The Old Brooklyn Community Development Corporation located on Broadview Road, right near the Rite-Aid pharmacy near Pearl Road, can give you guidance, too. ... more
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Sun Sep 9, 2012
Tim Cunningham answered:
Catherine

Contact me at your convenience for a free no obligation CMA
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Sun Dec 6, 2009
Don Tepper answered:
Just as real as "for sale" or "for rent" listings.

Be aware, though, that most real estate agents aren't enthusiastic about them. (I love them!) There are some legitimate reasons. John's right, for instance, that if you're able to buy, you're generally better off buying. And the upfront option fee (which some tenant-buyers think is a downpayment) generally is not refundable if you don't exercise your option. On the other hand, it's a great solution for people who want to buy but, because of finances or other reasons, aren't able to.

Also, real estate agents get paid when the deal closes. So on a house sale, they get paid when settlement occurs. Even with rentals, they get paid when the house is rented. But, at best, the agent will only get paid a small portion of the total commission (equivalent to the commission for a rental) when the lease is signed. Only if (and it's IF, not WHEN, since perhaps only 60%-70% of lease options are exercised) the option is exercised will the agent receive the remainder of the commission.

All commissions are negotiable, so I'm not even suggesting commission percentages. And the really DO vary. But, for instance, homes near where I live might generate a rental commission of $2,100 or a sales commission of $30,000. And commissions are split between the buyer's agent and listing agent and, generally, the agents' brokers. So, on a rental, an individual agent (in the example above) might receive a commission of $525. On a sale, that same agent might receive a commission of $7,500. And a lease-option is just as time-intensive as an outright sale. But that's another, very understandable, reason why many agents aren't enthusiastic about lease-options.

But back to your original question: Rent-to-own listings are just as real as any others.

Hope that helps.
... more
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Mon Mar 30, 2009
Emily Erekuff answered:
Hi Hms,

The link below to our Find a Pro directory may be of some assistance to you. It shows real estate professionals who work in the Cleveland Ohio area. It should be easy for you to check out the profiles of the agents who interest you and I encourage you to check out their contributions to Trulia Voices as well. This should help you get a feel for each agent's expertise and personality. And if any seem like a good match, you can easily contact them directly from our site.

Best of luck with your search!

Emily Gibson
Community Moderator
... more
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Sat Dec 22, 2007
Carole Cohen answered:
Hi, I personally love the location around Revere Court. There are so many amenities: the MetroParks, the Zoo, shopping, close to highways, good bus routes. I have a house for sale on W. 22nd as well ($76,500, just reduced the price). The area has a good selection of architectural styles too. I sold a home to a gal on Bradwell which is not far from Revere. Good luck in your home search and if I can be of any assistance let me know! ... more
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