The Smart Solutions Team

Trending & Quality Real Estate Services

We not only have a sense of humor at The Smart Solutions Team. Providing trending, quality real estate services is our goal.

Thinking about buying or selling a house? If the answer is yes, you will appreciate this useful flow chart provided by Chicago Title which outlines customary responsibilities and costs for Northeast Ohio. The Smart Solutions Team wants you to be knowledgable and prepared as you make your important real estate decisions. We are ready to answer your questions and are easy to reach by phone, text or email.

Think twice before overpricing your home…even if you think a buyer will pay even a slightly-inflated price. Lenders’ appraisal standards have been sharpened as foreclosure levels have risen. Values (including those of comparable properties) are critically considered as banks decide if they are going to lend money to home loan applicants. Many prospective buyers (especially those making cash offers) protect themselves in an offer by including a contingency clause specifing that the agreed-upon price must be confirmed by a professional appraisal. Additionally, the longer a house sits on the market, typically the lower a price it will command from the pool of ready and willing buyers. Consult your REALTOR for professional advice.

Stow, Ohio saw a decrease from 17.3% of REO home sales in 2009 to 7.5% in 2010. REO home sales are those that are sold by mortage companies following foreclosure or deed in lieu of forclosures. Summit County, Ohio’s total REO sales dropped from 31.7% to 20.9%. Click through to the Summit County Fiscal website page that contains these statistics. Call the Smart Solutions Team at 330-802-8076 if you would like information for your community.