Mayfield Heights, OH

Tandem Open Houses in Mayfield Heights - great way to know our community.

Local-n-Global Realty invites everyone who is interested in buying the houses on East Side of Greater Cleveland to visit our Open Houses in Mayfield Heights.

Two Mayfield Heights homes listed for sale by Local-n-Global Realty will be Open today between 2 pm and 3:30 pm.

Located not far from each other, both houses belong to well established neighborhoods with too many amenities to list in a short post.

Fruitland Ave is located between Mayfield Rd. and Marsol Rd., one block west of Golden Gate Maygate Plaza.  That's a very nice established street with a balanced mixture of older and younger homes.

House located at 1641 Fruitland Ave. represents the best of the younger Mayfield Heights homes. It was built in 2002, beautifully maintained and lovingly updated.

Right across Fruitland Ave. there is a Mayfield Heights Community recreation center on Marsol Rd.

Golden Gate Blvd. is right on the North side of Mayfield Rd., right across the street from Golden gate Maygate Shopping Plaza. On the East side off Golden gate Blvd. there are popular Best Buy and Costco stores.

Houses on Golden Gate Blvd. were built mostly in 60s and 70s. Most of them are so lovingly cared and maintained that you fall in love with them at first sight. I invite you to see the house at 1304 Golden Gate to prove my point!

Mayfield Heights is the home of multi-cutural diversity. People with Italian, Russian, Croatian, other European roots used to live here along with people descending from India, China, other Asian and African countries.

The best about this multi-cultiral wealth is an opportunity to dine in quality ethnic restaurants and to buy fine ethnic food in Mayfield Heights grocery stores.

Mayfield Schools system is one of the top NorthEast Ohio schools. Families with kids love Mayfield Heights!

Very reasonable property taxes and affordable housing prices make Mayfield Heights even more attractive for home buyers.

Don't forget that Mayfield Heights has a point of sale inspection, which requires the houses to keep with the codes both inside and outside.

Both our Mayfield Heights homes, which will be Open today, are violation free.

Welcome to tandem Open Houses in Mayfield Heights!

Impressive presentations followed by a lively discussion and face-to-face consultations. Home owners and prospective home buyers who attended this Events had an opportunity to meet great professionals, ask the questions and receive good professional answers about hot and yet confusing topics.

• First time buyer tax credit of 2009 - Presented by Svetlana Stolyarova, Local-n-Global Realty

• Ohio 203K rehab financing, how to buy and finance a great property in POS cities with escrow requirements - Presented by Tim Bradford, American Midwest Mortgage

• Short sales - nightmare or great opportunity? Legal aspects of short sales closings - Presented by David Streeter, Jr., Statewide Title Agency

• No and Low Down Payment Mortgage programs. Anatomy of Mortgage crisis - Presented  by Khash Saghafi, Crosscountry Mortgage

• Advantages of Home warranty for the home owners - Presented by Kimberly Loving, HWA
  

Please call Svetlana 216-548-4663 or e-mail to: Realty@Local-n-Global.com.

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More and more people who want to buy the houses and condos in Cleveland are excited about opportunity to benefit from the First Time Buyer's Tax Credit.  I receive numerous questions regarding this credit from potential buyers. Let's get the answers together in order to help more first time buyers realize the advantages of buying houses and condos in Greater Cleveland in January-December of 2009.

The most frequent question is: Who is the First time buyer?

Answer is  not that obvious as it seems to be. Every person who did not own the primary residence in last three years prior to purchase is considered to be a First Time Buyer. For married couples, both spouses should be the First Time buyers according to the above definition. If husband or wife owned the primary residence during three-year peiod prior to purchase, none of the spouses is eligible for this credit.

Interesting question comes from the potential buyers of condominiums in Mayfield Heights and other communities of Greater Cleveland: Does the Real Estate tax credit apply to condos?

The answer is Yes, it does apply to any housing that will be used as a principle residence. It includes single family detached houses, attached homes like condominiums, townhomes, manufactured homes (aka mobile homes) and houseboats.

What is going on with condominiums in Mayfield Heights this year?

The Cuyahoga County statistics data on condominium sales in 2008 does not look real pretty. According to Realist.com,

However, the condo market in Mayfield Heights is different. Regardless all financial obstacles which Fannie May created for fair borrowers willing to buy Real Estate, especially condominiums, in Cuyahoga County, there are still many people who prefer carefree condominium lifestyle in Mayfield Heights.

Per MLS, this year 25 condominiums in Mayfield Heights closed on the average price of $134,000. It was a lot of negotiations on price, as sellers received 92 % of asking price in 2008.

Same period of 2007 gave us 19 sales for average price of $135,000 (no changes whatsoever). Sellers were not ready to negotiate: Sold price / List price ratio was 98 % in 2007.

Interesting: despite all the negative news on Real Estate market, sellers of Mayfield Heights condos were more optimistic on pricing this year. Reality check, though made them accept the same price as it was in 2007. Out of my and my colleagues' experience - sellers are better prepared for sale this year than a year before. Condos are in a better shape. More remodeling and staging done. As a result, buyers get the better deals. May be that's the secret of better activity on this market?

Dear buyers! Please pay attention to the wonderful condo in the Golden Gate Villas of Mayfield Heights. That's the perfect sample of the sellers' great job on getting it ready for new owners: newly redone bathrooms, nice updated kitchen, fresh paint, comfort and beauty. Just move in!

Need to sell or buy in Mayfield Heights or in other nice Greater Cleveland neighborhoods? Call Svetlana Stolyarova 216-548-4663. Greater Cleveland MLS search. E-mail us: Realty@Local-n-Global.com.