Your Guide to House-Hunting: A Case Study of Beachwood Real Estate
The Katie McNeill Team Blog
by Tony
1M ago
Introducing Beachwood, Ohio, a dynamic suburb located just east of Cleveland that’s full of possibilities! Check out the valuable insights, advice, and statistics from Katie McNeill and her Beachwood realtors below that will assist you in making an informed decision about relocating to this stunning area. Exploring Beachwood, Ohio Beachwood: A Thriving Suburban Community Beachwood is renowned for its dynamic business core, top-ranked schools, and vibrant retail and commercial areas, making it one of Ohio’s most sought-after suburban settings. With a population of more than 14,000 residents and ..read more
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Your Guide to House-Hunting: A Case Study of Shaker Heights
The Katie McNeill Team Blog
by Katie McNeill Team
2M ago
Welcome to Shaker Heights, Ohio–a community celebrated for its architectural beauty and neighborhood planning! Situated in Cuyahoga County, this city stands as a testament to early 20th-century ideals of living, blending historical significance with modern sophistication. The real estate agents from the Katie McNeill Team, renowned for facilitating seamless buying and selling experiences of featured properties in the area, are excited to share insights, recent statistics, and expert advice about Shaker Heights. With a profound understanding of Shaker Heights’ unique market, the team is committ ..read more
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Your Guide to House-Hunting: A Case Study of Cleveland Heights
The Katie McNeill Team Blog
by Katie McNeill Team
3M ago
Welcome to Cleveland Heights, Ohio, a community that epitomizes the harmony of rich history and modern living. Nestled in Cuyahoga County, this city is a true representation of diversity, culture, and suburban charm. With their recent success in helping homeowners buy and sell in the area, Katie McNeill and her expert team of Cleveland Heights realtors are here to offer you tips, insights, recent statistics, and helpful advice about the Cleveland Heights area. Leveraging their extensive knowledge of Cleveland Heights, the team is dedicated to providing comprehensive support throughout your hom ..read more
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Your Guide to House-Hunting: A Case Study of Mayfield Heights
The Katie McNeill Team Blog
by Katie McNeill Team
4M ago
Welcome to Mayfield Heights, Ohio! Nestled in Cuyahoga County, this vibrant city is an ideal destination for those looking to settle in a dynamic and welcoming community. Katie McNeill and her dedicated real estate team are fully equipped to offer you essential insights, advice, and comprehensive statistics, ensuring that you make a well-informed decision when selecting a home. With their expertise in Mayfield Heights, they are committed to guiding you through every step of your house-hunting journey. Exploring Mayfield Heights, Ohio Mayfield Heights: A Vibrant Community Mayfield Heights, with ..read more
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Your Guide to House-Hunting: A Case Study of Strongsville
The Katie McNeill Team Blog
by Katie McNeill Team
4M ago
Welcome to Strongsville, Ohio! If you’re considering a move to this vibrant city in Cuyahoga County, Ohio, you’re in the right place. Katie McNeill and her real estate team are equipped to provide you with essential insights, advice, and statistics – ensuring an informed decision about searching for property and relocating to Strongsville. Exploring Strongsville, Ohio Strongsville: A Dynamic Community Strongsville is a city known for its dynamic community and steady growth. With a population of approximately 45,424, it’s a city that combines suburban comfort with a touch of urban flair. Despit ..read more
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Your Guide to House-Hunting: A Case Study of Chagrin Falls
The Katie McNeill Team Blog
by Katie McNeill Team
5M ago
Welcome to Chagrin Falls, Ohio! If you’re contemplating a move to this picturesque town nestled in the heart of Cuyahoga County, you’ve come to the right place. Katie McNeill and her team at Platinum Real Estate are here to provide valuable insights, advice, and statistics to help you make an informed decision about relocating and house-hunting for property in Chagrin Falls. Exploring Chagrin Falls, Ohio Chagrin Falls: A Quaint Community Chagrin Falls, often hailed as one of Ohio’s hidden gems, exudes small-town charm with a touch of sophistication. Its idyllic setting along the Chagrin River ..read more
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New Mortgage Fee Structure for Some Homebuyers
The Katie McNeill Team Blog
by themcneillteam
11M ago
Borrowers getting a conventional mortgage are subject to a new pricing structure starting May 1. Fees are dropping for some borrowers making lower down payments while rising for those putting more down. Industry leaders have pushed back against these new rules, citing both affordability issues for borrowers and compliance concerns for lenders. Makes mortgages cheaper for some and pricier for others. Starting May 1, 2023, some borrowers will pay more for their mortgages thanks to a new rule from the Federal Housing Finance Agency regarding loan-level price adjustments, or LLPAs. The changes w ..read more
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Buying A Fixer-Upper House? Know the Pros And Cons
The Katie McNeill Team Blog
by themcneillteam
1y ago
How To Find Fixer-Upper Houses For Sale One of the easiest ways to find a fixer-upper home and get a great deal is by working with a real estate agent. Your realtor will have the connections and insider knowledge to help you find the home you are looking for. Additionally, by accessing the multiple listing service (MLS), they can locate homes that are not publicly listed. If you’re looking for the right fit, McNeill Real Estate Services will help you attain your goals while keeping your budget in mind to help you find the perfect match.  Remember that if you choose to buy a foreclosed hom ..read more
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How Interest Rates Affect Real Estate
The Katie McNeill Team Blog
by themcneillteam
1y ago
Interest rates are a key factor that affects home ownership. The interest rate is the cost of borrowing money, and when it comes to mortgages, it can significantly impact the affordability of homeownership. This essay will explore the relationship between interest rates and home ownership and the ways in which changes in interest rates can affect the housing market. When interest rates are low, purchasing a home is generally easier and more affordable. This is because lower interest rates mean lower monthly mortgage payments, making it easier for potential homebuyers to qualify for a mortgage ..read more
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Earnest Money is also known as a Pledge of Good Faith
The Katie McNeill Team Blog
by themcneillteam
1y ago
A pledge or deposit to the seller represents the buyer’s good faith to purchase. Earnest Money–what is it? When a buyer pays a seller to show their intention and good faith to complete the transaction to purchase a home, this is called a pledge or earnest money. The amount is usually between one to two percent of a fixed sale price.  Earnest money confirms a contract, and after the earnest money is paid, both parties are expected to keep the agreement.  Earnest money is a good faith deposit and is used to give the buyer more time to obtain financing to cover the total price of a prop ..read more
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