Cleveland Ohio Real Estate Blog
What's really important for a real estate buyer and/or seller?
ARCHIVED BLOG POSTS
2008
1
Comments
Every so often an agent works with a buyer who is looking for the "perfect" home. What this actually means varies from buyer to buyer. When an agent asks a buyer to define the perfect home, they often describe a list of conflicting attributes. For example: I want a home with a lot of privacy ...
12/21/2008
1
Comments
Punt...but only after a long and detailed conversation on what the issues are, why these issues are preventing a sale, and what steps need to occur to eliminate or reduce the issues. If a seller is financially unable to alter course, ie, lower the price, stage the house, make improvements, etc.,...
12/21/2008
0
Comments
Just like with a lender, in order to truly make an informed decision, you need to educate yourself and also understand a variety of things. At the top of the list is the difference between "variable" versus "fixed" fees. It is amazing to me that many agents I know don't even know the differenc...
12/21/2008
0
Comments
Unless you are paying cash, it is imperative to use a reliable and competent lender, as well as finding a lender who has exceptional customer service, great rates, low/competitive fees, and most importantly of all, a local lender who has strong ties to the community and whose reputation depends o...
12/21/2008
No, no, no.Why? Do you want a car salesperson doing a brake job on your car? Would you take a cruise on a fishing vessel? Do your DVDs fit in an 8-track player? (Okay, I'm really dating myself here!) But, seriously, the concept of "specialization" exists for a reason and as a buyer, you need ...
12/21/2008
1
Comments
Luckily, in my opinion, this is a pretty cut & dry task. The home inspector often does the radon inspection, as the results either come back acceptable (based on the Federal Environmental Protection Agency (EPA) value of less than 4.0 pCi/L) or the value is elevated which means the basement need...
12/21/2008
0
Comments
While the scope of a pest inspection is not as complex as a home inspection, if termites are found - or worse yet, missed, then the financial ramifications can be huge. Most pest inspections find evidence of carpenter ants, carpenter bees, and/or mice droppings. In my experience, it's about 80%...
12/21/2008
This is oftentimes the most complex of contingencies that must be negotiated. There are real dollars on the line, no "best practices" or common understanding of how this contingency should be negotiated. What is customary to ask the seller to repair or credit the buyer? What should the seller ...
12/21/2008
0
Comments
I've seen incompetent Greater Cleveland home inspectors sink a transaction faster than dropping a cement block in water. Some inspectors are subjective, interject emotions, opinions, and do their buyers a great disservice. Some inspectors behave like everyone is the enemy including the buyer's ...
12/21/2008
0
Comments
There is no right or wrong answer. Most listing agents do not discuss this with sellers, so most sellers are unaware this option exists. Many sellers will ask the question: Why in the world would I want to pay $300-400 for a home inspection when the buyer is going to have one and pay for it, r...
12/21/2008
Rainmaker
564,865
564,865
Chris Olsen
Broker Owner Cleveland Ohio Real Estate
