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Home Buying in Shaker Heights : Real Estate Advice

  • All62
  • Local Info3
  • Home Buying22
  • Home Selling1
  • Market Conditions3

Activity 21
Tue Jan 12, 2016
Hi Gus, Yes you could possibly purchase a condo using a VA loan. The homeowner association has to meet certain requirements to be eligible but it is possible. If I can answer any additional questions, I'd be happy to help. ... more
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Thu Nov 26, 2015
TheLuckyOne asked:
I am in the process of buying a small studio unit by owner but am concerned about the management and the possibility of the condo fees changing. How often do they usually change? I am…
0 votes 0 Answers Share Flag
Sun Nov 8, 2015
Martin Handfinger answered:
I manage property in Shaker Heights for many out of town investors.
May I be of service?
Marty Handfinger- Rosen and Co, Inc.
(216) 373-2717 MHCHR@AOL.COM
0 votes 2 answers Share Flag
Fri Jul 10, 2015
Sleefranklin asked:
Home is listed at $40,000 and $20,00 due for point of sale
0 votes 0 Answers Share Flag
Thu Apr 9, 2015
Susan Smith answered:
As of April 9, 2015 there are 518 multi family homes on the market in Cuyahoga county. Some of these have been on the market 600-1800 days. In these instances you may be able to find someone who would consider a creative lease to own. Get a good realtor who knows the business well and seek their counsel. ... more
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Tue Feb 17, 2015
Mark's Of Excellence Team answered:
Wed Jul 23, 2014
Susan Smith answered:
There are currently as of 7/23/14 a total of 14 3 bedroom condos available for sale in Shaker Heights, Ohio. They range in value from $20,000 to $400,000 with a total square footage ranging from 1370 SF to 2800SF. Shaker Heights is conveniently located to the cultural centers, medical campuses and universities with easily accessible public transportation. If you need assistance our Team is very familiar with the area.
Susan Smith, REALTOR
The Blumberg Team
Howard Hanna
... more
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Tue Jan 14, 2014
Tanesha Speed, MBA answered:
We need more clarification as to what exactly you are looking for.

Please call me 216-334-4489cell
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Wed Jan 8, 2014
Hi Miriam, your question isn't very clear for if you're looking for an area to walk or are you looking for people to walk with? I would suggest joining a gym or YMCA. Get to know people then meet up for walking etc, it'd be much safer. Obviously you can perform generic internet searches and find anything you need trails and people online. Except, you've placed this post under "home buying in Shaker Heights", not sure that's the best medium to get the type of answer you're looking for..? ... more
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Wed Jan 9, 2013
Larry Wanke answered:
I service Shaker Hts and would be honored to assist you in the buying process. First off, I'll need to introduce you to a loan officer who works with VA loans. I have several that I would highly recommend. Once the financing side of things has been taken care of the fun part begins - finding that dream home. I would be happy to discuss the process with you further. We could do so over the phone, in my office or at a place of your choosing. Don't hesitate to contact me. Happy New Year and thank you so very much for serving our great country!!!

Larry Wanke
Remax HomeSource
... more
0 votes 3 answers Share Flag
Thu Dec 20, 2012
michelle.reese5440 answered:
I lived in CH for two years, and currently now live in Shaker, Both neighborhoods are safe and great to live in. I can say that I spend more time enjoying the outdoors and restaurants in shaker, however I liked the shopping in the CH area better. My daughter loves both areas, and they are very similar. In CH I had a break in dealing with a car. I personally feel you will be happier in Shaker, due to the closeness to downtown Cleveland, YOu cant go wrong with either area. ... more
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Sun Oct 21, 2012
Robert Zimmer answered:
Some of it has to do with a major restoration and repair project from a few years back. For better clarification you can call the association directly or give me a call at 2164065729.
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Tue Jun 12, 2012
Tee answered:
If you are talking home inspection, as many times you can afford to pay. Otherwise once is sufficient if your contract is based on home inspection.

Now, if you talking inpecting a home before putting in an offer, thats different than purchasing, as many time as you want..............looking only cost time.

Sounds like you don't know understand how to buy a home
... more
0 votes 8 answers Share Flag
Mon Apr 9, 2012
Duane Johnston answered:
Just looking at what homes have sold for in Shaker Heights, it is possible that it could sell for that in the Heights however, with out the information on the home you sold would be hard to be more specific.
Thank you for your question,
Duane Johnston,
Howard Hanna Real Estate
... more
0 votes 2 answers Share Flag
Mon Feb 21, 2011
Hpexseller answered:
Good luck. Interview several. Change if you need to.
Remember, prices in CLE are much different from whatever area you are moving from. Do your own homework. The commission incentive structure for realtors needs to be managed. Consider renting before you buy. ... more
0 votes 6 answers Share Flag
Sun Dec 19, 2010
James Gordon ABR SFR SRS answered:
Lilly here is a timeline for one of mine. Offer comes in and in 30 days have an approval and closing scheduled. Buyer messes up and destroys credit. Get another buyer interested in the home. Let the buyers agent know that we are approved for a short at XXX$. Buyer offers 30,000.00 less than preapproved price. Start whole process over as investor wasts to see all documentation even though the servicer has the seller documentation 2 times now. HAFA kicks in on this loan (August 1) and the lender has to see if the seller can do a loan mod even though she does not have a job. Lender is in a big backlog because of HAFA review and takes 60 days to decide that a person with no income can not make monthly payments. Start short sale process again send seller document to servicer 4th time (once for HAFA loan mod). Get call 2 weeks later asking if we are doing a short sale or trying for a loan mod. Listing agent (me) looks for brick wall to bang head against.

Still no answer at this time from the lender.
... more
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Sat Dec 4, 2010
Kieran Jackson answered:
Hello Neil,

I agree with Robert Zimmer, the apartment building he has listed sounds juicy!

My grandmother owned a two family in Shaker Heights for over 30 years. I have very fond memories of Shaker Heights. It's always been, and probably always will be, a desirable suburb of Cleveland to own property. With market prices the way they are now, and the rent that can be collected in Shaker Heights, I would say purchasing a home isn't a bad idea either. The "Lomond" area in Shaker is full of potential rental homes that you could take advantage of. I also see the value of these properties doing well when the market finally returns to normal.

if you would like to see some of the properties in the Shaker Heights area that I think would be great rental properties, and at great prices, send me a message.

All the best,

Ps. I have a new website I am working on that will feature ONLY properties in Shaker Heights...
... more
0 votes 2 answers Share Flag
Sat Aug 28, 2010
Lilly answered:
Thu May 28, 2009
Drew Gaebelein answered:
A verification of funds letter is something that is typically asked for if you are purchasing a house for cash and not financing.

When financing they would ask for a pre-approval letter, but in the case of no mortgage they want the letter to know to prove you actually have the money. ... more
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Mon May 4, 2009
J R answered:
So, the realtor is representing the estate (museum).

Would that change your answers?

No. The agent has a fiduciary responsibility to get the museum as much money as they can. ... more
0 votes 7 answers Share Flag
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