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Chris Olsen Broker Owner Cleveland Ohio Real Estate

Westlake Ohio Homes For Sale between $500,000 - $1,000,000

Westlake Ohio Homes For Sale between $500,000 - $1,000,000.

As a Accredited Buyer's Representative (ABR) and a REALTOR with strong negotiating experience, I would be happy to assist you with your next home purchase or sale in the Westlake Ohio real estate marketplace.

Here are currently (as of 11/15/2009) 48 homes for sale in Westlake Ohio between $500,000 - $1,000,000.

Homes between $500,000 - $1,000,000 in Westlake Ohio

View all the homes for sale in Westlake Ohio at Olsen Ziegler Realty

Happy searching!

An innovative and cost-effective way to buy and sell your Westlake Ohio Home

Westlake Ohio Homes For Sale between $250,000 - $500,000

Westlake Ohio Homes For Sale between $250,000 - $500,000.

As a Accredited Buyer's Representative (ABR) and a REALTOR with strong negotiating experience, I would be happy to assist you with your next home purchase or sale in the Westlake Ohio real estate marketplace.

Here are currently (as of 11/15/2009) 93 homes for sale in Westlake Ohio between $250,000 - $500,000.

Homes between $250,000 - $500,000 in Westlake Ohio

View all the homes for sale in Westlake Ohio at Olsen Ziegler Realty

Happy searching!

An innovative and cost-effective way to buy and sell your Westlake Ohio Home

I'll Just Offer the Buyer a Credit

For crying out loud, if the buyer is interested in my home and they don't like: _______________________________________________________________________

then I'll just offer them a credit at closing so they can put it in and pick out the color/material they like.

Let's think about it: How many times as a listing agent have you heard that?

What is your response back to your seller?

A listing agent's goal should be to not simply respond with the pros and cons to this question at that point in time. The mere fact that the question has come up AND, here's the real important part:

If this is the first time you are addressing this with your seller, then in my opinion, you have let your seller down as this type of information can almost always be known ahead of time by:

  • Knowing how this business works
  • Having your pulse on the market
  • Working regularly with buyers and knowing what they want and prefer
  • Knowing what home staging is and its strengths and weaknesses
  • Knowing what is selling in your community
  • Knowing what is NOT sellling in your community
  • Knowing the financial impact to a seller's net financial bottom line by utilizing a seller credit to the buyer versus eliminating the issue in question before the home goes on the market

Granted, there are always exceptions when having this conversation may not be appropriate:

  • Seller is strapped for cash
  • Short Sale
  • Divorce -- Attorneys, Court-Appointed Receivers
  • Elderly
  • Health Issues
  • etc.

But...for the average seller who has access to capital, these issues should be identified, analyzed and cost-effective solutions offered before the home goes on the market. If the seller does not opt for this course of action, that's fine, but you have done your job in preparing them for potential negative market feedback.

Which leads back to the original question: Why can't I just offer the buyer a credit?

Many buyers will:

  • Not pursue your property because of these deficiencies and the only feedback (if you receive any) won't be that illustrative.
  • Only see what is right in front of them.
  • Not visualize the "to be", they only see the "as is."
  • Get so hung up on the negatives, that they can't see the positives, and thereby are already going through in their heads "cha chunk" with a lower offer for all the things they will need to do to your property to make it okay for them.

I'm not sure of the origin or if I have this saying right: forEwarned is forearmed.

Here is how this will normally play out (short answer):

  • The seller will end up netting less by not addressing the issue
  • The property will stay on the market longer
  • A property that stays on the market longer will cost more to maintain, operate, monthly payments
  • A property that stays on the market longer makes the seller have less negotiating power

Cuyahoga County Tax Rates

I work regularly with relocation buyers who have decided to make Greater Cleveland their home.

Depending on where these buyers are relocating from, there are always questions about property taxes. In some parts of the country, there is one tax rate for the entire county, and there may be 2-4 counties surrounding an entire metropolitan region -- for example, the Greater Washington, D.C. area.

However, here in Greater Cleveland, the county that surrounds the City of Cleveland is Cuyahoga County. In Cuyahoga County, each community sets its own property tax rate.

Here are the tax rates for the all the communities in Cuyahoga County.

Please visit the County's Treasurer Website for more details.

Using Shaker Heights as an example, as this community has the highest property tax rate in the State of Ohio, the tax as a percentage of market value is 3.12%.

If a property is valued by the County at $100,000, then the annual property taxes are 3,120. For a $500,000 home, that is approximately $15,000 in annual property taxes.

Since property taxes are one of the four components of your monthly mortgage payment (principal, interest, taxes and insurance) (PITI), it's important to keep this in mind when analyzing communities, home prices, and the like.

Stream Stewardship for Residential Property Owners - Six Easy Steps

Some residential property owners are fortunate enough to have a stream running through their property or perhaps their property adjoins a common area or some other entity that has a stream.

People are willing to pay higher prices for property with natural amenities such as wildlife, streams, lakes, ponds, panoramic views, etc.

For people who have a stream on their property, there are six easy things to do that can help maintain the health and vitality of your stream and also benefit your downstream neighbors.

  1. Don't mow the lawn to the edge of the stream.
    Leave a buffer.
    Eliminating the plants and bushes in the buffer zone causes the root systems to be lost and creates more erosion problems.
  2. Plant live, but dormant, unrooted cuttings (no buds, leaves or visible roots) in the buffer zone.
  3. Don't Dump anything near the stream or into the stream.
    This includes organic material like leaves and grass. These will decompose and eliminate oxygen in the water -- a bad thing. Please ensure any contractor who cuts your lawn does not dump the grass clippings near the stream or even down the hillside or ravine that feeds a stream.
  4. Remove Trash From Streams. In my neighborhood, a fellow resident and I co-developed an annual Spring Clean-Up Day in our neighborhood to clean our streams. After three years of doing this, we have seen dramatic improvements. We can now see clear running water and the shale beds underneath.
  5. Don't change the path of the stream. Sometimes homeowners are thinking they are helping when in actuality, they are hurting the stream.
  6. Septic Systems -- Keep in Good Condition. If you have a septic system, please ensure it is in good working order and be judicious or eliminate sending bleach, chemicals, etc., down your drain.

This is a photo of just "some" of the excess branches, twigs, etc., that were in my own community's streams that a group of 20 volunteers removed in one day. This doesn't include the 55-barrel drums, construction debris, plastic tarps, forts, plastic, glass and aluminum bottles and a host of other things we removed.

stream debris removal