What to Ask before Buying a Home in Mayfield Village OH

Real Estate Agent with eXp Realty 442805 Ohio


Are you looking for your dream home?


Then, you’ve come to the right place! Mayfield is an attractive village in Cuyahoga County, Ohio. Although its official name is Mayfield, it is commonly referred to as Mayfield Village. It was originally part of Mayfield Township and is now a suburb of Cleveland.


There are many homes for sale in Mayfield Village OH. However, before you jump into the home buying process, it pays to know what you’re getting yourself into. After all, purchasing a home is a major commitment.


Mayfield Village OH Homes for Sale- Live in comfort and elegance here in Mayfield Village OH.

Can I afford it?

Buying a home is the most important purchase you’re likely to make. It will definitely have a significant impact on your finances, so you have to make sure that you can handle it.


Today, buyers are enticed to enter the market because housing has become more affordable than ever. There are also incentives like low interest rates. However, you need to know that there are other upfront costs involved when buying a home. Do you have enough cash for closing costs, down payment, new furniture, and moving expenses.


How good is my credit score?


If you are thinking about buying a home in Mayfield Village, you must make sure you have a good credit rating. The interest rate you will pay for the money you borrow will be determined by your credit score.


This three digit number shows the likelihood of you paying your bills. If your credit scores are high, then lenders will see you as a low-risk investment and offer you a low rate on your loans with good conditions. On the other hand, if your scores are lower, lenders are more likely to see you as a riskier investment and charge more.


How long do I plan to live here?


One of the first things that you have to determine is how long you expect to stay in the house? Experts will tell you that unless you plan to live in a home for at least five years, you likely won’t recover any of the expenses associated with buying and later selling the house.



What’s the five year rule for buying a house?


When you buy a home, the general rule is that you want to be sure you’ll be in the same location for at least five years. Otherwise, it probably doesn't make financial sense.


Despite the standard 30-year mortgage, most people don’t stay in their homes for thirty years. Usually, you move on a lot sooner than that. However, if you only live in your home for a few years, you may end up losing money on it.


Homes for Sale in Mayfield Village- Know how a real estate agent can make your home buying experience smoother.

How can a real estate agent help me with my purchase?


Navigating a real estate purchase is a tricky business. While you can shop for a house, and even get a peek inside, having a real estate agent has more advantages.


As a real estate agent in Mayfield Village OH, I have a lot of experience in the market and I can easily tell whether a specific house is overpriced or underpriced.


As we work together, you can tell me what you’re looking for in a home and we won’t have to waste time touring houses that doesn’t suit your needs. This way, you will be saving both time and money. You will have more time for other important concerns.


With me as your real estate agent, you can have expert guidance you can count on. Find out how I can help you, visit my website at


Call me, Christine Pappas, at 216-956-7635 to schedule an appointment today!


In case you can not view this video here, please click the link below to view What to Ask before Buying a Home in Mayfield Village OH on my YouTube channel: