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Home Buying in Mentor : Real Estate Advice

  • All32
  • Local Info2
  • Home Buying8
  • Home Selling4
  • Market Conditions3

Activity 16
Wed Aug 24, 2016
Tiarose14 asked:
Fri Jan 22, 2016
Karen Peyton answered:
If you can swing 3.5% for a down payment, an FHA loan will likely work for you. USDA loans offer no down payment but are limited to certain geographical areas.

My advice is to speak with a lender - who as part of the qualification process - will make loan recommendations based upon your credit, down payment funds, and income.

Good luck!
... more
2 votes 1 answer Share Flag
Sat Jun 27, 2015
Mark's Of Excellence Team answered:
Thu May 21, 2015
Josh Barnett answered:
Depends on what the contract states, get with your agent and discuss further.
0 votes 4 answers Share Flag
Thu Jun 5, 2014
M R 330.338.5130 answered:
It depends on the school. All schools are different. What area are you looking to move to and I can send you school reports.
0 votes 7 answers Share Flag
Thu May 15, 2014
leah smart answered:
Tue Aug 20, 2013
Marianne Drenik answered:
Hello Joseph, thank you for your question. I'm sure you will be quite pleased with the value of the homes you can purchase here in Ohio. There are many great real estate deals in the area.Fortunately, here is Ohio, we were not hit as hard as many other areas in the country. In addition to existing homes, we also still have an inventory of foreclosed and bank owned homes. These can often be a great opportunity. The values in Mentor Ohio have stabilized in recent months. We welcome you to the Mentor Ohio area. ... more
0 votes 4 answers Share Flag
Sun Jul 14, 2013
Rick Chambers answered:
Are you referring to which Elementary School this house belongs to?

If so based on Trulia's data this house is zoned to Garfield Elementary School.
0 votes 1 answer Share Flag
Thu Jan 17, 2013
Cecilia Sherrard answered:
So many variables when it comes to selling and selling correctly. Showings depend on many things. Naturally price and desirability of your home and location will be a factor, but there are also many other things to consider.

- Does your agent have it fully and completely listed correctly on the MLS so it shows up for all searches?

- Are there many photos capturing the home's best features so buyers online will want to see the home?

- Does your agent have a competitive commission split or do you have an incentive to buyer's agents? Bonuses, etc? It can help as some agents do look at these things.

- Is your home placed on all major websites with great web presence? The more eyes, the better chance of people seeing your home.

- Is your home able to sell with flexible terms/ different types of financing? VA/FHA/seller assistance with down payment, closing, extended close, etc?

- How many other homes in your area are for sale? What's your competition like? Where do you place within that pool?

- What is included in the sale? How neutral is the home/property to appeal to the masses? How specific/unique is the home, narrowing down the buyers?

- Open houses, broker opens, and other marketing can be a factor also. If the entire work-up is done on your home and done right, you should be seeing activity and interest.

Best of luck to you and the sale of your home. Hopefully if all factors are considered and in place, you will be on your way to escrow soon!

Cecilia Sherrard & Andrew Ginter
RE/MAX NE Ohio
440-781-8737
http://www.YouShouldOwn.com
... more
1 vote 3 answers Share Flag
Sun Jul 29, 2012
Tina Lam answered:
No, I'm not aware of anyone with such omnipotence. Plus, that assumes the right questions are more important than listening for the right answers.
0 votes 2 answers Share Flag
Thu Jul 5, 2012
Bobbi asked:
Fri Jun 29, 2012
Denis Nowacki answered:
Dave-

With very few exceptions, you can expect homes priced well below market to be in need of a good deal of work.

Unless you are paying cash or using a 203k type of loan, it has become very difficult nowadays to finance such homes.

If you haven't talked to a lender yet, feel free to contact me for a list of lenders that I feel work hard for their clients.

If you need some direction, I can do that too.

Thanks for asking!
... more
0 votes 4 answers Share Flag
Tue May 31, 2011
Linda Roby answered:
This home already has an offer but there are many bank owned homes available and I would love to help you find the right one. Please let me know if I can be of assistance in your search. I can be reached at 216-4032-0501 any time. ... more
0 votes 3 answers Share Flag
Mon Jan 4, 2010
John Wirsing answered:
Hi Matt-
In rethinking your problem, one suggestion would be to write an offer that would seek up to 6% of the purchase price toward your points, closing & prepaid expenses.
This will decrease the amount of money that you will need to closing costs and soften the blow on your selling side.
For more info, call me at 440-487-2193 or e-mail me at John@CallRealtorJohn.com
... more
0 votes 11 answers Share Flag
Fri Jan 1, 2010
Jennifer Allen answered:
Hello Andy. That is a great question with a slightly complicated answer. Every situation is unique. The seller/builder is truly the only person who can answer that question. The current market will help determine the true price of this home no matter what price the home is listed for now. Several factors will need to be taken into consideration when you determine your offer and highest price to pay for the home. An experienced real estate agent will be able to help you gather the necessary information for that particular home. The opportunity to purchase a home now are wonderful from the tax incentives, low interest rate, and lower home prices! ... more
0 votes 3 answers Share Flag
Mon Aug 11, 2008
Matt answered:
What are the qualifications and/or income restrictions? Also, what type of interest rate is this type of loan at today?
0 votes 7 answers Share Flag
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