There is an old house on a main street near where I live. It has been used as a commercial property for years. A few years ago, a roofing company purchased the home and use it as their commercial office for their company. Multiple times a week, I drive past this property. I took the picture… Continue reading Our Judgements Are Based On What We Observe
Bigger is not always better. Some examples off the top of my head are hair, sugary drinks, shoulder pads, cholesterol and spiders. Clearly this is a subjective list. Perhaps you disagree with my list. I'm sure you could add many examples based upon your experiences. The fact that I came up with these items is… Continue reading How Land Contributes to Value
Click Here to Download June 2018 Market Report With Charts (Updated on 07/06/2018) When our boys were small, my wife and I enjoyed taking them to the Memphis Kidde Park to ride the rides. Now that they are 10 and 16, and things have changed. They are all about Cedar Point and their world-class roller coasters. Different roller… Continue reading Markets are Like Roller Coasters. Which Ride Is Northeast Ohio On? A Cedar Point or Memphis Kiddie Park Coaster?
Are you in the market to buy a home? A lot of people are. The summer months are usually when the real estate market really heats up. With the ongoing shortage of home inventory, realtors are working hard to make their listings more attractive than their competition. Attempting to do so, some are including the finished… Continue reading How Many Times Would You Like to Pay for That Basement?
Recently Fannie Mae and Freddie Mac have begun offering PIW's (Property Inspection Waivers) to certain borrowers under certain conditions. This enables the lender to provide a home loan without having an appraisal completed for the loan. Why? It really comes down to risk. Borrowers who meet certain criteria have a low risk of defaulting on their… Continue reading So You Qualify For A PIW…Now What?
