Stan Stepak Avon Lake Ohio Real Estate (Avon Lake, Bay Village, Westlake, OH)

Here are this weeks opens. Call me for details or if you can not get to one of these.

Stan Stepak 440-476-0234

3065351

$99,900

384 Dellwood Rd

Avon Lake

504

66

11/08/09

12:00 pm - 2:00 pm Hosted

Howard Hanna / Christine M Delili

Comment:

Directions to Property: South off Redwood at Inwood

3072337

$154,900

165 Berkshire Rd

Avon Lake

504

40

11/08/09

2:00 pm - 4:00 pm Hosted

Howard Hanna / Christine M Delili

Comment:

Directions to Property: Electric to Berkshire

3056441

$159,900

134 Fay Ave

Avon Lake

504

96

11/08/09

2:00 pm - 4:00 pm Hosted

RE/MAX Homeward Bound / Kenneth E Kodger

Comment: Over 2,000 sq.ft. including a huge Family Room! Attached 2-car garage & finished basement!

Directions to Property: Between Lake & Electric , between Jaycox and rt 83!.

3074718

$159,900

97 Gra Gull Dr

Avon Lake

504

15

11/08/09

1:00 pm - 3:00 pm Hosted

The Sweda Group, LLC. / Carol J. J Gresco

Comment:

Directions to Property: East of RT 83 N side of Lake

3055861

$240,000

630 Marbrook Ln

Avon Lake

504

98

11/08/09

1:00 am - 3:00 pm Hosted

Howard Hanna / Linda A Homm

Comment:

Directions to Property: West of Lear - South off Walker/East of Jaycox

3076313

$242,000

648 Landerwood

Avon Lake

504

27

11/08/09

2:00 pm - 4:00 pm Hosted

Howard Hanna / Linda A Homm

Comment:

Directions to Property: South of Walker, off Jaycox, East side of road

3050453

$245,900

32220 Dorchester Dr

Avon Lake

504

116

11/08/09

2:00 pm - 5:00 pm Hosted

Howard Hanna / Wendy LaForce-Zambo

Comment:

Directions to Property: Lear Rd, West on Dorchester

3055559

$254,900

518 Waterford Ct

Avon Lake

504

100

11/08/09

1:00 pm - 4:00 pm Hosted

Howard Hanna / Ida A Eisert

Comment: Hosted By: Ida Eisert 440-522-2727

Directions to Property: 90 to South on 611 to East on Chester Rd to North on Moore Rd to East on Webber Rd to North on Crossing Way to North on Ambleside Dr to North on Waterford Ct

3081573

$294,900

508 Crossings Way

Avon Lake

504

4

11/08/09

1:00 pm - 3:00 pm Hosted

Keller Williams Grt Cleve West / Ed Huck

Comment: Stop by this Sunday to tour this stunning colonial. Lindsay White of the Ed Huck Team will be holding open between 1:00-3:00p.m.

Directions to Property: 90 to 83 North, West on Walker to Crossings Way

3081431

$325,000

420 Crestwood Dr

Avon Lake

504

4

11/08/09

1:00 pm - 3:00 pm Hosted

RE/MAX Homeward Bound / Kenneth E Kodger

Comment: Come view this unique floor plan!

Directions to Property: West of 83, north of Walker onto Moorewood, west on Crestwood

3076017

$325,000

506 Treeside Ln

Avon Lake

504

29

11/08/09

2:00 pm - 4:00 pm Hosted

Howard Hanna / Christina M Higgins

Comment:

Directions to Property: South of Walker to Treeside (east of Lear).

3080579

$399,900

314 Regatta Dr

Avon Lake

504

9

11/08/09

1:00 pm - 3:00 pm Hosted

Howard Hanna / Christina M Higgins

Comment:

Here are some of the most frequently asked questions on the changes to the Homebuyer Tax Credit this is from the NAR and can be very helpful to many. Just print it out and read.

Question: I am an existing homeowner. On October 25, 2009, I signed a contract to purchase a

new home. I have lived in my current home for more than 5 consecutive years and

am within the new income limits. I will go to settlement on November 20. If

President Obama has signed the bill by the time I go to settlement, will I qualify for

the new $6500 tax credit?

Answer: Yes. The existing homeowner credit goes into effect for purchases after the date of enactment

(when the bill is signed). There is no reference to the date of contract for the new credit. The

provision looks solely to the date of purchase, which is generally the date of settlement.

Question: I am a firsttime

homebuyer but was not within the prior income limits at the time I

entered into my contract to purchase on October 30, 2009. I will be covered,

however, by the new income limits. If the new rules have been signed into law by the

time I go to settlement, will I be eligible for a credit?

Answer: Yes. The new income limitations go into effect as soon as the President has signed the bill.

The income limit and other eligibility rules will look to your status as of the date of purchase,

which is the settlement date. So if the new rules have been signed when you go to settlement,

you should be eligible for the credit (or a portion of the credit if you're within the phaseout

range).

Question: I owned my home for 10 years, but sold it two years ago year and have been renting

since. If I purchase a home, will I be eligible for the $6500 tax credit if I meet all the

other eligibility tests?

Answer: Yes. Because you lived in the home for more than 5 consecutive years of the previous 8, you

will qualify for the $6500 credit. For example, Say John and his wife bought a home in 2000

and lived there until 2008 when he got a divorce. Whether John has been renting or bought in

the interim, he WOULD INDEED be eligible for the credit because he owned a home and

occupied it as his principal residence for 5 consecutive years out of the last 8 years. The

keyword here is "consecutive." As long as he lived in that house for 5 years straight what he

did since 3 years doesn't impact eligibility.

Question: Existing homeowner credit: Must the new house cost more than the old house?

Answer: No. Thus, for example, individuals who move from a high cost area to a lower cost area who

meet all eligibility requirements will qualify for the $6500 credit.

Question: I am an eligible existing homeowner. I have a fair amount of equity in my home. I

have found a home with a nonnegotiable

price of $825,000. Will I be able to use any

of the $6500 tax credit?

Answer: No. The $800,000 cap on the cost of the purchased home is firm at $800,000. Any amount

above $800,000 makes the home ineligible for any portion of the credit. The $800,000 is an

absolute ceiling.

Where is Stan this week? This week Stan is at 314 Regatta Drive in the wonderful Westwinds Sunday (11/8/09) from 1-3 PM to show a wonderful Christina Higgins listing. Here is the details. 4bedroom / 4 bath home, 3429 squarefeet of living space. A Westwinds subdivision home that has been updated throughout with Granite in Kitchen and Bathrooms; Ceramic in the Foyer, Half Bath, Kitchen, Mud Room & Master Bedroom; New light fixtures and plumbing fixtures; Painted with the colors of Today! Cherry cabinets and new stainless appliances in the expansive kitchen. This is the popular Westchester floor plan! Includes 4 generous bedrooms with a bonus room adjacent to Bedroom #4 and 3 full baths on the second floor. First floor Study and spacious LR & DR. Basement has been finished to include media room, exercise room, and rec room with wet bar. Furnace, Central Air, and H20 replaced '06. 3-car side load garage is a must! Active neighborhood with pool & tennis. Price : $399,900

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Call me for more details!! Stan 440-476-0234

It was really neat to see Carol get the spotlight this week for her research and active work in the real estate field. I though I share her article here. Cudos to you Carol. From your "Mentor" friend, Stan

October 30, 2009

By Meredith Dunn, Research Communications Representative

Each month, NAR Research will be spotlighting those who go above and beyond in their use of Research data, surveys, and other products. These individuals or associations are featured for their dedication to market data and their efforts to get the best and most timely housing information to Realtors®, their peers, and consumers. If you think you should be in the spotlight, or know an individual or association that you feel should be spotlighted, please send an e-mail to us at data@realtors.org.

Carol Murphy has been a Realtor® in Ohio for 30 years. During that time, she's been with RE/MAX for 18 years and is currently an active member of the Professional Standards Committee with the Lorain County Association of Realtors®. In those 30 years, she's "seen peaks and valleys, prices going up and down, agents getting into the business to make "fast" money and agents leaving the business because they found out it is not easy." We learned from Carol this month what it takes to navigate the field, and how using products from Research helps her make her job easier.

"Real estate is an industry that demands knowledge, caring, dedication and above all education to keep ahead of the trends in the real estate marketplace," Carol told us. "Today's clients are more knowledgeable and have online information available. The Realtor® they hire should be the best in the field. Having national information [that Research provides] at my finger tips helps me provide better information, details, and comments to my clients. I like to use statistics when listing a home. NAR Research has helped me educate sellers better about the overall marketing of their property."

Carol has used Research products longer than she can remember. "I used data last year to change the market group I felt would increase my business. The information from NAR Research helped me make marketing changes to increase my marketing for single women, first time buyers and/or veterans living in our area," she says. "[Research] gave me the data to show single women and veterans needed assistance to understand the opportunities available to them."

The product that's been immensely helpful to her has been the annual Profile of Home Buyer and Sellers. The Profile gives a clear look at what's been happening in the national market. From her own market, Carol reports that "more distressed properties are listed daily. Buyers always ask for that list first and then change their minds when they see the condition of those properties. The $8000 tax credit has increased business for agents who understood the program and could educate the buyers in using the credit. Personally, I have sold 4 homes in the past 10 days to first time buyers wanting to beat the Dec. 1st deadline. With first time buyers actually purchasing homes, the higher priced properties are starting to move also. Condos are not selling well in our marketplace unless they are senior housing locations."

When asked what products she would like to see come out of Research in the future, Carol didn't have any immediate suggestions but promised she'd think about it. However, she did have some words of wisdom for those Realtors® who are just beginning their careers: "get a Mentor and learn to time block. Take CRS courses (even if you have to borrow the funds to do so)," she advises. "Make an effort to get involved in your community, hand out 10 business cards a day and ask those 10 people permission to add them to your database. Keep in touch, offer value by creating a benefit to them for hiring you to represent them.

Educate yourself about niche marketing and stick to it. Niche marketing doesn't create business overnight...become the expert in that niche! " NAR Research is here to help educate you and provide data to make your job easier. Please take a moment to see what we offer at www.realtors.org/research.

This is one in a series of commentaries by the Research staff of the National Association of REALTORS®.

Avon Lake Open House for week of November 1st, 2009

3048350

$109,900

396 Angela Ln

Avon Lake

504

116

10/31/09

1:00 am - 5:00 pm

Howard Hanna / Lisa J Hocking

Comment:

Directions to Property: Off Walker - just West of Moore Rd.

3035803

$164,500

32560 Electric Blvd

Avon Lake

504

155

11/01/09

1:00 pm - 3:00 pm Hosted

RE/MAX Homeward Bound / Kenneth E Kodger

Comment: Fabulous raised ranch with 3 full baths & 2 fireplaces

Directions to Property: Between Jaycox And Rt. 83

3074563

$189,900

32799 Redwood Blvd

Avon Lake

504

25

11/01/09

1:00 pm - 4:00 pm Hosted

Howard Hanna / Jennifer M Herron

Comment:

Directions to Property: Rte 83 North of Walker, West on Redwood

3040869

$277,400

532 Brennans Ct

Avon Lake

504

143

11/01/09

12:00 pm - 2:00 pm Hosted

Howard Hanna / Gregg M Wasilko

Comment: Wonderful cluster, open and spacious with lovely views.

Directions to Property: South off Walker Road, east of Lear Road.

3054139

$325,000

32099 Country Club Dr

Avon Lake

504

96

11/01/09

1:00 pm - 3:00 pm Hosted

RE/MAX Homeward Bound / Kenneth E Kodger

Comment: Finished basement with den or bedroom with egress windows!

Directions to Property: West off of Lear, South of Walker

3034428

$339,900

328 Williamsburg Dr

Avon Lake

504

161

11/01/09

2:00 am - 4:00 pm Hosted

Howard Hanna / Christina M Higgins

Comment:

Directions to Property: Jaycox Road (North of Walker) to Williamsburg Drive.

3075847

$349,900

366 Armour Rd

Avon Lake

504

21

11/01/09

1:00 pm - 3:00 pm Hosted

Howard Hanna / Ada Taylor

Comment:

Directions to Property: Walker Rd (East of Rt 83 or West of Lear)

3079655

$359,900

416 Crestwood Dr

Avon Lake

504

7

11/01/09

2:00 pm - 4:00 pm Hosted

Howard Hanna / Arlene L Smith

Comment:

Directions to Property: RT 83, West on Walker, RT on Moorewood, left on Crestwood, house is on the left(W) side of street

3055104

$359,900

617 Brust Dr

Avon Lake

504

94

11/01/09

2:00 pm - 4:00 pm Hosted

Coldwell Banker Hunter Realty / Patricia A Frederick

Comment:

Directions to Property: South of Walker, East off Lear/ East on Handford/North on Brust

3059381

$369,900

473 Cedarwood Rd

Avon Lake

504

80

11/01/09

1:00 pm - 3:00 pm Hosted

Keller Williams Grt Cleve West / Ed Huck

Comment: Stop by this Sunday to tour this gorgeous colonial. Lindsay White of the Ed Huck Team will be holding open between 1:00-3:00p.m.

Directions to Property: 90 to 83 North, West on Walker to Cedarwood

3067084

$375,000

290 Vinewood Dr

Avon Lake

504

56

11/01/09

2:00 am - 4:00 pm Hosted

Howard Hanna / Christina M Higgins

Comment:

Directions to Property: W of RT 83 to Moorewood Ave to Crestwood Ave then right on Vinewood Dr.

3054483

$447,000

31753 Leeward Ct

Avon Lake

504

94

11/01/09

2:00 pm - 4:00 pm Hosted

RE/MAX Crossroads Properties / Anne Marie Peacock

Comment:

Directions to Property: Walker to Windward (North) to Leeward.

3061506

$729,000

562 Legends

Avon Lake

504

72

11/01/09

2:00 am - 4:00 pm Hosted

Howard Hanna / Christina M Higgins

Comment: