👍 What is the Residential Property Disclosure Form in Mayfield OH?

When selling your Mayfield home, the Ohio Revised Code requires you or your realtor to fill out and sign a Residential Property Disclosure Form. This requirement is stated in the Purpose of Disclosure Form section on the last page of the form.

Disclaimer: I am not an attorney and I don’t play one on TV. For legal advice concerning residential property disclosures please seek the advice of your real estate attorney.

As the owner, you provide "actual knowledge" on the current conditions and problems affecting physical areas of your house. This means listing down issues about the property, based on your own personal experience as its current home owner. Third-party inspection is not required to accomplish the form.

What must I disclose?

A seller needs to list down their observations on certain areas of their house for sale in Mayfield Village, Ohio:

1. Water supply
2. Sewer system
3. Roof
4. Water intrusion
5. Structural components (i.e. foundation, basement/ crawl space, floors, interior and exterior walls)
6. Wood destroying insects/termites
7. Mechanical systems
8. Presence of hazardous materials
9. Underground storage tanks
10. Floodplain/Lake Erie coastal erosion area
11. Drainage/Erosion
12. Zoning/code violations
13. Assessments
14. Homeowners' association
15. Boundary lines, encroachments, shared driveway, party walls
16. Other known material defects

Once accomplished, you or your realtor must present the signed form to your buyer before entering into a purchase agreement with them. This is implied in the last section of the form: Receipt and Acknowledgement of Potential Purchasers.

To complete the form, the seller affixes his/her signature, most importantly to acknowledge receipt of the document.

What must I keep in mind?

The form does not require home sellers to inspect or disclose offsite conditions outside their homes for sale in Mayfield Hts, Ohio.

"Offsite conditions" are those that may materially affect the value of your residential real estate property. Examples are noisy neighbors, new real estate construction in the area, a toxic waste contamination issue on a nearby property, and a highway near the owner's home, to name a few.

Based on the form, inspecting offsite conditions falls on the home buyer.

Failure to provide this form gives the buyer the option to cancel your purchase agreement through "a signed and dated document of rescission".

Cancellation of the real estate sale becomes valid when the rescission contract is delivered before ALL three of the following dates:

1) the date of closing; 2) 30 days after the Owner accepted your offer; and 3) within 3 business days following your receipt or your agent’s receipt of this form or an amendment of this form.

Must all home sellers fill out this form?

There are a few exemptions. Home acquisitions in any of the following conditions need not accomplish a Residential Property Disclosure Form:

1. Transfer to a co-owner;

2. Transfer to a co-resident of at least two years;

3. Family transaction;

4. Forced sale (e.g. eminent domain, foreclosure, bankruptcy, probate transaction);

5. Inheritance without occupancy within a year

Disclosure on homes for sale by owners in Mayfield Village, Ohio is serious business. Many first-time home sellers fall prey to incorrect interpretations of the Disclosure Form. Don’t let inexperience come between you and a successful home sale. Call me, Christine Pappas, at 216-956-7635 for more information!

In case you can not view this video here, please click the link below to view 👍 What is the Residential Property Disclosure Form in Mayfield OH? on my YouTube channel: https://youtu.be/U9przpN0E84

How to Sell Your Home When Living with Pets

To my surprise, not everyone loves dogs and cats, and over the years of selling houses in the Northeast Ohio area, I’ve learned that our beloved pets can be a complete turn off to people looking to buy a house. So, when our pet lovin’ clients are ready to sell their house, we have them take some extra steps to make sure the house is appealing to a home buyer.

• Scoop the poop from the yard.

• Clean out the litter box. 

• When possible, take the animals with you during showing times. 

• And, take their dishes too (sometimes just the site of animal items will invoke ‘the house smells of ‘ and send a buyer running) 

• Have the house professionally cleaned and deodorized (we once had to have our client repaint their family room because their dog would lay and rub against the walls and leave an oily film on the wall causing a dog odor). 

• Have a friend who would tell you the truth and that has a great nose, come over for a sniff test. 

• Vacuum daily to pick up the pet hair. 

• Have the carpets cleaned 

• Whatever you do, Don’t use one of those plugins, or the like to try to cover up pet smells, it really turns a buyer off. We’ve had some buyers refuse to look around a house because the smell is sickening. 

• For stubborn pet odors, we have purchased an ionizer for our clients to use. 

• Don’t leave your pets in a specific room where people can’t get in to see it. More times than I can count, homeowners have left their pets in the laundry room, garage, bedroom, basement, with a note stating not to open the door, which means a Mayfield Heights OH home buyer cannot see in the room, leaving the room to their imagination (and that is just not good, turns out, most buyers will think the worst and turn away from the house). 

• If you cannot take your pets with you during showing times, crate your pets so your potential home buyer can see in every room.

• Odors of any kind have a negative impact on people, and pet odors are at the top of the list of why a home buyer won’t buy a Mayfield Heights house.
  Getting your house sold often involves eliminating the roadblocks that will keep a person from buying. Keep in mind your house has only one time to be a new listing, and one chance of making a great 1st impression, so take your time in getting the house ready for sale. Doing so will pay off for you in the long run, both monetarily and in the time it takes to sell the house.
  With me as your Mayfield Heights OH real estate agent, you can have expert guidance you can count on. Find out how I can help you, call me, Christine Pappas, at 216-956-7635 today!
• 
  
• In case you can not view this video here, please click the link below to view How to Sell Your Home When Living with Pets on my YouTube channel: https://youtu.be/_lYAGtZn3EA

What’s My Home Worth in Mayfield Heights?

When you sell your home in Mayfield Heights, the first thing you should ask yourself is. How much is the value of your home? But how do you figure it out? Determining how to calculate the value of your home in Mayfield Heights is important. I bet you do not want to end your day knowing that you sold your home for less than it is worth in this market. Let me help you get the most accurate estimation on the value.

How to calculate or determine the worth of your home in Mayfield Heights?

When you've decided to sell your home, you need to know the market value. Keep in mind that sentimental value has nothing to do with your market value. Market value is the estimated price on how much your buyers are willing to pay.

There are online tools available on the internet for free to help you get an estimated price. You need to input your location and then it will give you the estimation. This might be helpful but do not rely on it. When you sell your home, location is not the only basis in setting your price.

To have an overview of the ideal price estimation of your home, you can use basic valuation concepts.

1. Capital Structure

This is when you review the total costs spent when building the home or the original price of the home when you bought it. This is the primary basis in knowing the worth of your home. As with any item or property you have bought, you’ll always base its price on its original worth if you have decided to sell it.

This is to ensure you’ll set a fair and reasonable price for your home. You will not only protect your interest but setting a fair ground for your  potential buyers, too.

2. Location of the property

In appraising a property, you consider the location’s potential for business too. Buyers also take into consideration if the property offers an opportunity for future earnings. Also, you may consider the type of community where your home is located.

For example, if the property resides in a subdivision of high maintenance security there will be more considerations. Moreover, if the community is luxurious, your home will not have an average price tag.

3. Market Value of Assets

There are other factors in determining the value of your home. One of which is determining your assets within your home. Swimming pools, great architectural backyards, and well-maintained garden are assets. Assets add to the appraisal value of your home.

Considerations in setting the value of your home

1. Using me, Christine Pappas, as your real estate agent.

Having a knowledgeable real estate agent to help and guide you is an asset. The real estate agent's expertise is immeasurable and tested. I am equipped with the experience needed for selling homes in Mayfield Heights. Not opting to have ane experienced agent may cost you later. Here are the following characteristics you can look forward to receiving from a real estate agent. The real estate agent should have:

a. Education and Training

b. Connections

c. Experience with Legalities

d. Negotiation Skills

e. Knowledge of the Market

2. You set your value right.

It is important that you are setting the most ideal price for your home. This is to balance your interest with the buyer’s needs. The right value equates to great deals!

3. Be wise.

Review the sold homes in Mayfield Heights so you can have an accurate assessment of the price. Weigh your pros and cons in every decision you make.

Knowing and setting the right worth of your home is a must. If you are hesitant with your own decisions, work with me as your agent. I will help you with all the knowledge and experience that I have. I’m passionate and strive to help every client I’m working with.

If you have questions or are interested in selling/buying a home in Mayfield heights, call me, Christine Pappas, 216-956- 7635. I’ll be happy to guide you.

In case you can not view this video here, please click the link below to view What’s My Home Worth in Mayfield Heights? on my YouTube channel: https://youtu.be/oQuQUiqKxiI

1625 Woodhurst Mayfield Heights OH 44124 | Home for Sale

A charming, move-in ready home with impressive curb appeal

If you are looking for a turnkey home, this Cape Cod style home on Woodhurst could be just what you are looking for. Featuring 3 bedrooms, 2 bathrooms and a host of interior and exterior upgrades, this Mayfield Heights home for sale offers the best comforts and conveniences suitable for modern living.

Well-loved and properly maintained, this home is loaded with character and charm.

It has been extensively remodeled inside and out.

A new driveway and garage with cement pad, garage door opener, and keyless entry were added last year. Other upgrades done last year include remodeling the bathrooms, updating the spacious kitchen, finishing the kitchen and painting the exterior.

A new roof was installed six months ago, and the hot water tank was replaced five months ago. The furnace heat exchanger was replaced just two weeks ago with warranty, and parts of the electric system were updated.

The interior has also been painted in easy to move in colors, and white trim was added to enhance the effect. The hardwood floors have also been refinished.

Proximity to all conveniences and good location are yours to enjoy!

Set in the beautiful community of Mayfield Heights Park, this home is close to everything.

The nearest restaurants and shops are only seven to ten minutes away.  All local schools are within a two mile radius.

The Mayfield Heights City Park and pool are only a ten minute walk away!

Highway 271 is just minutes from this home.

Enjoy the cozy warmth of this home’s spacious living room

Open the lovely front door and be welcomed into a large living area complete with gleaming hardwood floors, neutral tone walls with white trim and large windows.

Natural light streams freely into the room, creating a warm and inviting ambiance.

Furnishing this space with a couple of couches, side tables and some wall decor will further make this room appealing and cozy. It’s a great place to welcome friends and visitors who are coming over.

A kitchen which displays a beautiful merge of classic design and modern appliances

Across the living room is an arched opening which leads to the kitchen. Neutral tone walls, white ceiling, and big windows give it a bright and open look.

With white cabinets and a breakfast bar this eat-in kitchen is efficient and functional. A breakfast area is set beside the breakfast bar, and it has ample space to accommodate a table for six.

Prepare your family’s favorite meals and desserts in this lovely kitchen, and fill this space with love and laughter.

Get the best relaxation and rest in this home’s bedroom.

You will love sleeping in more than ever in this Mayfield Heights home’s cozy bedrooms, of which this home has three.

The master bedroom is bright and cheerful and the warmth from the wood floor adds a touch of sophistication.

This room has more than enough space to accommodate your king size bed and favorite bedside table lamp.

Cozy and welcoming, this room can become your sanctuary, a place where you seek privacy and moments of peace.

A nice surprise awaits on the lower level

One of the best things about this home, aside from its location and upgrades, is the large basement with a monochromatic appeal. The unity of colors in this space makes this room light, airy and bright.

There’s a lot of things you can do in this finished basement. You can turn a section of it into a family room, and have a portion be turned into a study area for the kids.

If you love to entertain, you can turn this into a media room or an entertainment room where you can place your badminton table.

This space has much potential, depending on how you want to use it.

An outdoor space for fun, relaxation and entertainment.

Step outside in your own expansive backyard and get creative!

Put a barbecue grill, some chairs and a table on the patio by the garage and presto, you have an instant picnic spot.

You may also want to add an outdoor playground if you have kids. It would be a great space for them to run around and play, and you don’t have to worry about their safety since the backyard is fenced.

This Mayfield Heights home for sale is truly an awesome find especially at its price of ONLY $145,000.

Would you like to learn more about this home or similar homes in the Mayfield Heights area? Visit my website www.ChristinePappas.com.

Call me, Christine Pappas at 216-956-7635. Let me help you find a great home for a good price.

In case you can not view this video here, please click the link below to view 1625 Woodhurst Mayfield Heights OH 44124 | Home for Sale on my YouTube channel: https://www.youtube.com/watch?v=6Zn4vbBbHxQ&feature=youtu.be