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Euclid : Real Estate Advice

  • All72
  • Local Info5
  • Home Buying16
  • Home Selling6
  • Market Conditions3

Activity 33
Sat Jul 20, 2013
Chris Kaylor answered:
Fri May 17, 2013
MK answered:
What timeframe are you looking at begin renting in Euclid? We are currently looking to buy a new home and may put our 3 bedroom ranch up for rent in a few months.
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Tue Aug 6, 2013
James Gordon ABR SFR SRS answered:
No you can pay cash and no escrow is needed. A FHA 203(k) loan has a built in escrow and a 203(b) loan needs an escrow added and to work with a lender that allows a allows a repair escrow on a 203(b). ... more
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Sat Dec 15, 2012
Sarah Pintar (440) 974-7248 answered:
I am sure there are homes out there that could and could not pass inspection. Generally it would depend if they were a foreclosure or short sale and had violations preventing them from passing inspection. My group has a home for $15000 in great condition!! ... more
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Tue Sep 18, 2012
James Deskins answered:
Well, you'll have to please the underwriters no matter what type of loan you pursue. That's just part of the process. Just remember the golden rule: he who has the gold makes the rules. ... more
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Thu May 31, 2012
Stilinsane asked:
First of all il fill you in better, I sold my property which was a bungalow no water no hydro and it had 3 acres. A guy bounced back and forth with offers. Finally we settled and the de...
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Wed May 30, 2012
Duane Johnston answered:
Sorry to say chances are there is not much you can do about that. The appraisers and banks really have us all under the gun right now and sometimes will hold a closing up for a few days or sometimes in rare cases several weeks.
This has been a sore subject for us Realtors for the last few years now and so far not even we have been able to overcome that insanity in our lives. Just have your realtor put pressure on the buyers side to get this closed but I'm thinking that won't help much either. Just hang in there and I'm sure it will close soon.
Good Luck,
Not sure if I'm sane anymore,
Duane Johnston,
Howard Hanna Real Estate
... more
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Mon Apr 30, 2012
Anna M Brocco answered:
When it comes to any safety/crime related issues, it's always best to contact the local police department with all your questions, hear all there is to hear firsthand. If unfamiliar with the area(s) do revisit more than once and at different times of day, possibly chat with locals/neighbors. Real estate professionals are prohibited from steering, enticing a buyer to purchase/rent, or not, in specific neighborhoods.
... more
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Fri Feb 10, 2012
Dominic Picione - The Incorvaia Team answered:
I believe that there is no good or bad time to sell, as long as you understand the current market and accept it for what it offers. I'm not sure if you were referring to the market, in regard to whether to sell now, or if you meant the fact it's now Winter.

As for listing in the Winter, I see a good amount of serious buyers out there buying homes, due to the low interest rates and current sales prices. Here's some helpful information about selling in the Winter.

I would enjoy the opportunity to discuss your needs and questions further. Feel free to contact me anytime.

Dominic M. Picione
Keller Williams Realty
... more
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Thu Feb 2, 2012
Don Tepper answered:

I can't comment on your local conditions, which is obviously one major variable. You'd need a local Realtor to advise you on current conditions and possible changes in the future.

But a lot of the decision goes beyond that variable. For example, how eager are you to sell? If you're really, really eager, then (despite market conditions) this might be a good time to sell. On the other hand, if you're not highly motivated--if you're just "testing the waters"--then the odds are far less likely that now is a good time.

External factors are important. Interest rates are very, very low right now. That's an argument in favor of considering selling. They're not likely to go much lower and they'll probably go up slightly in the next year or so. But even a year from now, or two years, they're still likely to be quite good.

As for time of year (January/February versus July/August, for instance), that depends on your local market. In some markets, early spring is when the "season" begins. In other cases, it's June (after kids get out of school, allowing people to move and get their kids into a new school at the beginning of the school year). In many areas, though, it's one or the other--though houses certainly sell in the fall and winter, that's usually not the most active time of the season. A good local Realtor can tell you what the pattern is in your area.

There's also the question of the condition of your home. Buyers generally are looking for homes in really good condition. So if your home needs some maintenance and repairs, it'd probably be a better idea not to sell (or put your home on the market) until you've done those repairs.

All of those are factors to consider, and explain why the answer to your question could be either "yes" or "no."

Hope that helps.
... more
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Sat Jul 25, 2015
Arnonelinda answered:
Stay away from e. 185th. area. Look around e. 199th and Lakeshore area heading east. Check out Chardon Rd. up past Our Lady of the Lourdes shrine. Hadden St. area.
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Thu Apr 7, 2011
Caphgh asked:
We are finishing refinancing our home in Euclid to make renting possible/profitable, and are concerned about finding a good tenant. We are looking for someone with experience with rent...
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Fri Feb 25, 2011
Tim Cunningham answered:
Owner still has time to keep home from going into foreclosure
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Tue Feb 8, 2011
Sheila Bradford answered:
You would need to talk to a lending institution about loans available to help you with financing your way out of the situation.

But, I can help you determine if your house is currently listed at the proper price. I can give you a free market analysis of the property and my opinion on the sales price, free to you.

I would just need an address of the property and any updates that would make the property more desirable.

You can find all my contact information on my Trulia Profile.

Thank you for your question.
Sheila Bradford, REALTOR
Howard Hanna
... more
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Tue Feb 8, 2011
Mrd11 answered:
It's also worth adding that our mortgages are our only debt. Our cars are paid off, we don't have college loans. This is a short-term problem, and any money we borrowed would be paid off in less than 2 years depending on the amount. ... more
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Sat Feb 5, 2011
Spirit Messingham answered:
Find a local Realtor and ask that they become your buyers agent. Or if that is you property, you would to know what your property is worth.

As a buyer, majority of the time using an agent will not cost you anything. Ask for referrals and references. Good luck! ... more
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Wed May 30, 2012
Jennifer Allen answered:
Hello Ern,

Yes, som ehomes are selling for as low as $10,000 in Euclid. Most of these home require the buyer to assume any city violations and may require money be placed into escrow for the repairs. There are many opportunies in many market areas if you are considering downsizing. We would need to look into each home to see if any repairs are requred and whether you feel you are willing to complete them. Another step is to evaluate your current home and the probable sales price so you will be able to put together a good plan. There are several steps of gathering to help make sure you are makin gthe correct choice. Please feel free to contact me with questions. I would be happy to assist in any way I can - Thank you Jennifer Allen 440-796-4833 ... more
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Sun Oct 31, 2010
Anna M Brocco answered:
For any tax issues of concern as they apply to your specific situation, do consult with your tax professional and or tax attorney--then go from there. As for renting the property, do consider a consultation with your agent, he/she can best advise. ... more
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Sun Aug 22, 2010
Jennifer Allen answered:
Thank you for your great question. There are a lot of factors to determining which choice is better for you. The overall conditiona of your home, terms you are willing to sell by and your desired end result. Renting your home can be a good option for some but does come with risks. Such as....non-paying renters, renters not taking care of your home causing it to loose more value, etc....I suggest you have a professional help evaluate your current home for value to determine is selling and receiving the 90k is possible. This will help you determine if selling is even an option and will allow you to have a more detailed discussion of your thoughts. I would be happy to assist further. Please contact me and we can discuss more - Jennifer Allen 440-796-4833 ... more
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