Coming back to Lakewood

The jumping off discussion area for the rest of the Deck. All things Lakewood.
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Chris Trapp
Posts: 71
Joined: Tue Jan 10, 2006 11:46 am
Location: Lakewood
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Post by Chris Trapp »

bryan,

a friend of mine is just starting his search for a home to buy in lakewood also. we were having a similar discussion to what has been occuring on this topic. one of his biggest factors involves what amenities are within a five to ten minute walk.

what a great time to be looking for a house in lakewood.

there have been many great suggestions mentioned by people. i agree whole-heartedly that you should try to find a house where the roof, furnace/boiler, driveway, garage, windows have been recently upgraded - or if you are looking to stay away from modern updates, windows, garage, slate roof, etc have been very well maintained.

if you like to be in your yard, relatively small differences in lot size can give you a large increase in green space. consider a typical city lot of 40' x 120' vs. a lot of 50' x 150' ...assuming similar footprints for house, garage, and driveway, you have a lot more left with the marginally larger lot.

a funny little thing that probably won't be a decision-maker, but is interesting to take note of is: where is the neighbor's driveway on each side of your house? usually one of the properties has a driveway adjacent to your property. sometimes neither property has a driveway adjacent to yours. it can be kind of nice to have a little bit more of a buffer.

good luck and glad to hear your returning!

chris trapp
Shawn Juris

Post by Shawn Juris »

I'm curious if anyone has a number in mind to keep reserved for maintenance and repairs. Sure it'll vary depending on the condition of the house but for a rule of thumb...
Brad Babcock
Posts: 22
Joined: Fri Dec 30, 2005 10:11 am
Location: Lakewood, OH

Rule of thumb

Post by Brad Babcock »

Shawn,
You pretty-much stated the rule of thumb: it varies a lot with the condition.
Even with some of Lakewood's older housing stock, there are some houses that are already "there".
There are also quite a few fixer-uppers. There is actually an FHA/VA loan program that allows buyers to roll the cost of rehab (house, not buyer) into the loan amount.
dl meckes
Posts: 1475
Joined: Mon Mar 07, 2005 6:29 pm
Location: Lakewood

Post by dl meckes »

There are a number of loan programs available though the city and the county.

Check out the city's webvsite under the DCD (Department of Community Development).

Or go to city hall and talk with the DCD folks. Their office is behind (north of) the auditorium.
“One of they key problems today is that politics is such a disgrace. Good people don’t go into government.”- 45
Bryan Schwegler
Posts: 963
Joined: Fri Jun 24, 2005 4:23 pm
Location: Lakewood

Post by Bryan Schwegler »

Well I'm excited to say that I just signed a purchase agreement on a house in Lakewood! :)

Closing is 2/28 but we're "renting" it back to the seller until a possession date of 4/20. Worked out well for him and also for us because of the amount of time we need to give to break our lease with a home purchase clause.

It's an awesome house with almost everything replaced in the last 5 years so not a lot of work left for us to do.

I think the roof might need to be replaced soon and I want to finish installing new windows (about 7 or so left) so I might look in the the H.E.L.P loan program for that (thanks for the tip on the DCD website dl).

So even though I won't move back until 4/20, I'll officially be a Lakewood homeowner by the end of February.
dl meckes
Posts: 1475
Joined: Mon Mar 07, 2005 6:29 pm
Location: Lakewood

Post by dl meckes »

Congratulations on becoming a homeowner!

I have some more suggestions for you - don't do too much planting in your first year. Take detailed photos of what comes up when it comes up and go from there.

Also, if you get a total tear off of your roof, you'll possibly lose a lot of landscaping, so keep that in the back of your mind as well!

While I'm going there, be sure you talk with a lot of other homeowners before you hire somebody for a big job!
“One of they key problems today is that politics is such a disgrace. Good people don’t go into government.”- 45
Shawn Juris

Post by Shawn Juris »

Congrats on the new purchase, Bryan.
Just heard about a nice little single family on Cordova that's being sold by owner, for those that are looking to buy.
Heidi Hilty
Posts: 197
Joined: Tue Apr 05, 2005 8:31 am
Location: Lakewood

Post by Heidi Hilty »

Bryan,
Does your mom work at Forbici? Because if she does, I saw a picture of your new home and heard all about your upcoming decorating plans : )
Congratulations and welcome home.
Heidi
"from the moment we open our eyes,
there is beauty to behold."
DougHuntingdon
Posts: 527
Joined: Tue Feb 07, 2006 10:29 pm

Post by DougHuntingdon »

You can learn a lot about Lakewood when inside one of the many hair salons! :)

Doug
Bryan Schwegler
Posts: 963
Joined: Fri Jun 24, 2005 4:23 pm
Location: Lakewood

Post by Bryan Schwegler »

Heidi Hilty wrote:Bryan,
Does your mom work at Forbici? Because if she does, I saw a picture of your new home and heard all about your upcoming decorating plans : )
Congratulations and welcome home.
Heidi


Actually she does! It's a small world I tell ya. :)
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