YOUR SOURCE FOR BUYING, SELLING, AND LIVING IN CLEVELAND, OHIO | |
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Greetings from Cleveland on the eve of the Solar Eclipse. "...Turn around, bright eyes,".
Adding value is The McKeon Group's number goal in everything we do, especially as your local real estate advocate and expert when you're buying or selling a home.
Enjoy the tidbits below and let us know how we can help!
Eileen, Mike, Britt, Meredith, and Kailey.
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EILEEN'S PICK OF THE MONTH:
1908 Woodward Avenue, Cleveland Heights
| It was unanimous! We all loved this cutie house the best, with loads of design touches: finishes, fixtures, and stylings. If this isn't an example that wallpaper is back in full force, I don't know what is! Our buyer clients are going crazy over this one. 1920s homes make for a blank canvas in a renovation--Classic design elements of balance, movement, white space, repetition, emphasis, proportion, and alignment. (Courtesy Century 21 Properties).See listing here. | |  |
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The McKeon Group at Howard Hanna is one of Cleveland's favorite Realtor Groups, led by Eileen McKeon. Since 2001, Eileen and the team has advised and advocated for hundreds of Clients to "make a move" with confidence, strategic expertise, and exceptional attention to detail and service.
It's a smart move with The McKeon Group.
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AROUND TOWN: Daffodil Hill | | |
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Every Spring, Clevelanders enjoy the beauty of Lake View Cemetery, specifically Daffodil Hill. Each year, about 100,000 daffodils bloom between late March and mid-April. Currently, there are only a few blooms, but if we get a few days of sunshine, the bulbs will pop. The best viewing should be any day now!
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Check out other unique events at Lake View Cemetery, in April: Earth Day Walks, Hug-a-Tree,
& concerts.
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LINGO: Removal of Contingency (ROC) | | |
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In real estate transactions, contingencies are conditions that must be met for the sale to proceed. A "Removal of Contingency" is the formal process where the buyer agrees to waive or remove one or more contingencies stated in the purchase agreement.
For example, common contingencies include the buyer's ability to secure financing, the satisfactory completion of a home inspection, or the sale of the buyer's current home. Once these contingencies are met or waived by the buyer, they typically provide written notice to the seller or their agent, indicating that they are removing those specific contingencies.
The Removal of Contingency is a significant step in the transaction process because it signals the buyer's commitment to moving forward with the purchase, often accompanied by the earnest money deposit becoming non-refundable. This means that if the buyer backs out of the contract after removing contingencies, they may forfeit their earnest money deposit to the seller.
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HOME MAINTENANCE: Home Repair Resource Center | | |
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What a gem we have in the Heights Home Repair Resource Center. Classes. Tool library. Community! Home maintenance creates a ripple effect: When homeowners keep their houses in good repair, they enjoy safe and healthy homes, and protect a significant personal asset.
Their efforts inspire neighbors to invest, add to property values, and contribute to attractive neighborhoods. On a larger scale, they create stable communities and conserve resources.
Maintenance that prolongs the useful life of a home is an act of sustainability!
From electrical to plumbing to gardening or advice on home loans, there are classes for everyone. One of the classes they are offering starting in April is “Carpentry and your Home’s Interior” geared specifically for women.
Each student constructs their own wall and takes it through the stages of home improvement: drywall, pain, tile, flooring and moulding. Take a look for more information!
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“Closing Costs” are the costs of sale in a real estate transaction. Buyer and Seller each have their own set of fees, paid at closing, which are customary by region or state. For example:
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Buyer Closing Costs include loan origination fee, appraisal, title search, half of the title insurance, points (if buying down a rate), upfront mortgage fee (depending on type of loan), future taxes to fund the escrow account, and others. Buyers closing costs typically range from $4,000-$8,000 largely depending on the purchase amount of the house.
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Seller Closing Costs include half of the title insurance, recording fees, transfer taxes, and brokerage commission. Property taxes owed but not yet billed are a part of Seller costs too. Sellers closing costs will vary depending on the sale price, but typically are about 10% of the sale price.
If you are interested in learning more, contact Jay Becker, our trusted mortgage originator with Howard Hanna Mortgage Services to learn more.
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RESTAURANT TO TRY: RH Gallery, Orange Village | | |
It goes without saying that the newest, hottest spot to be in Cleveland is RH in Pinecrest! This three-story, 55,000-square-foot showroom that promises to blur “the lines between residential and retail, indoors and outdoors, home and hospitality.” Previously Slyman's Tavern, this structure was built over the last year and boasts three stories, 55,000 square feet of showroom and a robust food and beverage component. We can't wait to get there ourselves! Book your reservation here. | |
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TREND: Color, and lots of it! | | |
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Quite simply, decorating your home with blasts of color and bold patterns is all the rage right now! It's an easy way to add character to any space without painting or changing out your neutral furniture. Rugs, pillows, throws, artwork, and flowers all do the job! Take a look at the collection IKEA just released this week. | | | |
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Experience Matters: The McKeon Group & Howard Hanna.
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