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Finding the right property management company is vitally important, and, can be so challenging. Will the property management company be able to find quality tenants? Maintain the quality and value of your home? Handle those emergency calls in the middle of the night? Will your investment, former home, rental property or condo be a priority, or get lost in a long list of other properties the company is managing?
At Welles Bowen Property Management, your rental property is our top priority. Your rental property gets special, personalized attention from our experienced real estate agents, who will help you find the right tenants, and maintain the value of your investment. Our goal is to provide custom, personalized residential property management that exceeds what other management companies provide, and what clients expect. If there are any problems, we’re available 24/7. Our phones never sleep, so, you can.
124 Louisiana Ave.
Perrysburg, Ohio 43551
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Professional and Personal Qualifications
- Ohio Association of Realtors President’s Sales Club
- Toledo Board of Realtors President’s Sales Club – Award of Achievement – $1 Million in Sales
- Welles Bowen Realtor’s Top Producer
- Toledo Board of Realtors®
- Ohio Association of Realtors®
- National Association of Realtors®
- Member of The Leading Real Estate Companies of the World™
- Member of the Multiple Listing Service
- Full-time Realtor providing professional dedication and commitment to seeing you achieve your goals
- Masters of Business Administration (Bowling Green State University)
- Bachelor Degree (University of Toledo)
- Proven Experience in Home Design & Renovations
- Investment Property Management Experience
My Pledge To You…
Do you need a Professional Team working for you? Whether you are searching for your first home, looking to upgrade/downsize, or diving into investment properties, the Kerber Team will bring professional experience, dedication, knowledge, skilled negotiating, and full time commitment to meet your Real Estate needs.
Featured Agent Shad Helle Found this Article for You – How to Assess the Real Cost of a Fixer-Upper House
By: G. M. Filisko
When you buy a fixer-upper house, you can save a ton of money, or get yourself in a financial fix.
Trying to decide whether to buy a fixer-upper house? Follow these seven steps, and you’ll know how much you can afford, how much to offer, and whether a fixer-upper house is right for you.
1. Decide what you can do yourself.
TV remodeling shows make home improvement work look like a snap. In the real world, attempting a difficult remodeling job that you don’t know how to do will take longer than you think and can lead to less-than-professional results that won’t increase the value of your fixer-upper house.
Do you really have the skills to do it? Some tasks, like stripping wallpaper and painting, are relatively easy. Others, like electrical work, can be dangerous when done by amateurs.
Do you really have the time and desire to do it? Can you take time off work to renovate your fixer-upper house? If not, will you be stressed out by living in a work zone for months while you complete projects on the weekends?
2. Price the cost of repairs and remodeling before you make an offer.
Get your contractor into the house to do a walk-through, so he can give you a written cost estimate on the tasks he’s going to do.
If you’re doing the work yourself, price the supplies.
Either way, tack on 10% to 20% to cover unforeseen problems that often arise with a fixer-upper house.
3. Check permit costs.
Ask local officials if the work you’re going to do requires a permit and how much that permit costs. Doing work without a permit may save money, but it’ll cause problems when you resell your home.
Decide if you want to get the permits yourself or have the contractor arrange for them. Getting permits can be time-consuming and frustrating. Inspectors may force you to do additional work, or change the way you want to do a project, before they give you the permit.
Factor the time and aggravation of permits into your plans.
4. Doublecheck pricing on structural work.
If your fixer-upper home needs major structural work, hire a structural engineer for $500 to $700 to inspect the home before you put in an offer so you can be confident you’ve uncovered and conservatively budgeted for the full extent of the problems.
Get written estimates for repairs before you commit to buying a home with structural issues.
Don’t purchase a home that needs major structural work unless:
You’re getting it at a steep discount
You’re sure you’ve uncovered the extent of the problem
You know the problem can be fixed
You have a binding written estimate for the repairs
5. Check the cost of financing.
Be sure you have enough money for a downpayment, closing costs, and repairs without draining your savings.
If you’re planning to fund the repairs with a home equity or home improvement loan:
Get yourself pre-approved for both loans before you make an offer.
Make the deal contingent on getting both the purchase money loan and the renovation money loan, so you’re not forced to close the sale when you have no loan to fix the house.
Consider the Federal Housing Administration’s Section 203(k) program, which is designed to help home owners who are purchasing or refinancing a home that needs rehabilitation. The program wraps the purchase/refinance and rehabilitation costs into a single mortgage. To qualify for the loan, the total value of the property must fall within the FHA mortgage limit for your area, as with other FHA loans. A streamlined 203(k) program provides an additional amount for rehabilitation, up to $35,000, on top of an existing mortgage. It’s a simpler process than obtaining the standard 203(k).
6. Calculate your fair purchase offer.
Take the fair market value of the property (what it would be worth if it were in good condition and remodeled to current tastes) and subtract the upgrade and repair costs.
For example: Your target fixer-upper house has a 1960s kitchen, metallic wallpaper, shag carpet, and high levels of radon in the basement.
Your comparison house, in the same subdivision, sold last month for $200,000. That house had a newer kitchen, no wallpaper, was recently recarpeted, and has a radon mitigation system in its basement.
The cost to remodel the kitchen, remove the wallpaper, carpet the house, and put in a radon mitigation system is $40,000. Your bid for the house should be $160,000.
Ask your real estate agent if it’s a good idea to share your cost estimates with the sellers, to prove your offer is fair.
7. Include inspection contingencies in your offer.
Don’t rely on your friends or your contractor to eyeball your fixer-upper house. Hire pros to do common inspections like:
Home inspection. This is key in a fixer-upper assessment. The home inspector will uncover hidden issues in need of replacement or repair. You may know you want to replace those 1970s kitchen cabinets, but the home inspector has a meter that will detect the water leak behind them.
Radon, mold, lead-based paint
Septic and well
Most home inspection contingencies let you go back to the sellers and ask them to do the repairs, or give you cash at closing to pay for the repairs. The seller can also opt to simply back out of the deal, as can you, if the inspection turns up something you don’t want to deal with.
If that happens, this isn’t the right fixer-upper house for you. Go back to the top of this list and start again.
Today’s home buyers are very savvy. They expect real estate search tools to give them immediate information on any property for sale. Tele-Home gives you this ability.
Here’s how it works. You’re driving around town and see a home for sale that you want more information on. Call your agents Tele-Home toll free number. Enter in the property address numbers and instantly you receive information about this property or any other property for sale. No texting, no special phone needed, anyone with a cell phone can access Tele-Home.
With Tele-Home you can also schedule a showing, and receive pictures of the property straight to your cell phone. Buyers have the benefit of instant access, Sellers have the advantage of their homes information instantly available 24/7 to potential Buyers.
We find some great apps, every now and then, and thought they might be helpful to home buyers and sellers. We’ll share apps for home improvement projects, investment analysis and loan payment calculation and much more. These are not apps we created but sharing these is just a service we provide on our site, we neither endorse them or have any interest in promoting them.
- Benjamin Moore “Color Capture Tool” Snap a picture of any color inspiration that catches your eye and instantly get its match from Benjamin Moore’s more than 3,300 paint colors.
- Sherman Williams “Color Snap Tool” Capture real world colors and match them to Sherwin-Williams paint colors—for free. With ColorSnap®, it’s easy to take color inspiration from a photo in your library or one you just snapped.
- Walk Score – Walk Score calculates the walkability of any location and shows you a map of nearby amenities.
- Property Evaluator – After entering some information about the property, you can view performance projections that help you do a true apples-to-apples comparison between properties for real estate investments.
- Wikihood – This tool enables you to discover specific details about most any neighborhood in the world, providing information on people, culture, businesses, points of interest, and overall geography.
- Dictionary of Real Estate Terms – From Abatement to Zoning Variance, the Dictionary of Real Estate Terms is filled with over 3000 industry-specific terms, covering every aspect and nuance of the real estate industry.
Do Halloween Dangers Lurk at Your Entryway?
Is your front entryway ready for Halloween visitors? Keep everything fun and accident-free with these seven safety tips.
Everyone loves a good scare on Halloween — as long as it’s just a trick.
To help you avoid any real-life scares — such as falls, fires, and traffic accidents — around your property this All Hallows Eve, play it safe while you’re setting up your Halloween lightsand decorations.
Here are seven simple precautions recommended by John Pettibone, curator of Hammond Castle, a Gloucester, Mass., mansion that draws thousands to its renowned 20-room haunted house every Halloween season.
1. Light the Scene
Providing plenty of illumination ensures that your visitors can see where they’re walking, helping to avoid missteps and falls. Pettibone suggests using the highest wattage bulbs youroutdoor lighting fixtures can safely take (check the label on the socket), and adding landscape lights every few feet along your front walk.
“We use the solar-powered kind because there’s no wiring needed,” he says. “Just push them into the ground, let them soak up the sun during the day, and they’ll light up the walk after dark.”
2. Secure the Footing
Clear your walk, steps, and stoop of any obstructions that could trip youngsters focused more on tricks and treats than watching where they’re going. That means moving potted mums and jack o’lanterns out of the way, and hammering down any nail heads protruding out of your steps.
If you have a concrete stoop, which can get slippery when wet, apply friction tape ($16 for a 60-foot roll of 1-inch-wide tape) to ensure stable footing, says Pettibone. He also stocks up on chemical ice melt ($20 for a 50-lb. bag) just in case of an early freeze.
3. Tighten the Railings
If your porch railings are wobbly or broken, family members and friends may know not to lean too heavily on them, but Halloween visitors won’t. So hire a contractor or handyman to fix the problem. It’ll make your home safer for guests all year round. Because more strangers come to your front door this night than the rest of the year combined, now is the time to take care of it.
4. Eliminate Fire Hazards
Don’t put real candles into your carved pumpkins or paper lanterns. “That’s a fire waiting to happen,” says Pettibone. Instead, pick up a bulk pack of LED-bulb faux candles, which emit a yellowish, flickering, battery-powered light that looks amazingly similar to the real thing — without the danger.
5. Secure your Property
To prevent burglaries and Halloween pranks — especially on mischief night the previous evening — make sure to keep all windows and doors (other than your main door) locked shut.
You might have an electrician add motion-sensor lights around your property, so anyone who walks down your driveway or around into the backyard will be discouraged from intruding any farther.
6. Set the Scene
In addition to spooky items like cotton cobwebs and half-buried skeletons, consider a few safety-related scene-setters. Pettibone suggests propping open the screen or storm door so it doesn’t get in the way when there’s a big group of kids congregated on your stoop. “We use yellow caution tape to tie open the door,” he says. “You can order it online and it works well with the Halloween theme.” A 1,000-ft. roll of 3-inch-wide caution tape is about $8.
You’ll also want a working doorbell, so if yours is broken, either hire an electrician or handyman to fix it — or install a wireless doorbell in its place.
7. Enhance Street Safety
Four times as many child pedestrians get killed on Halloween night than a normal night. So limit the danger as much as you can by clearing parked cars off the curb to allow better visibility and placing a reflective “watch for children sign” at the edge of the road. For for high-traffic roads in Halloween-intensive neighborhoods, consider posting an adult in the street with a hand-held traffic control light to help maintain safety.
8 Tips For Finding Your New Home
Published: February 10, 2010 By: G. M. Filisko
A solid game plan can help you narrow your homebuying search to find the best home for you.
House hunting is just like any other shopping expedition. If you identify exactly what you want and do some research, you’ll zoom in on the home you want at the best price. These eight tips will guide you through a smart homebuying process.
1. Know thyself
Understand the type of home that suits your personality. Do you prefer a new or existing home? A ranch or a multistory home? If you’re leaning toward a fixer-upper, are you truly handy, or will you need to budget for contractors?
2. Research before you look
List the features you most want in a home and identify which are necessities and which are extras. Identify three to four neighborhoods you’d like to live in based on commute time, schools, recreation, crime, and price. Then hop onto REALTOR.com to get a feel for the homes available in your price range in your favorite neighborhoods. Use the results to prioritize your wants and needs so you can add in and weed out properties from the inventory you’d like to view.
3. Get your finances in order
Generally, lenders say you can afford a home priced two to three times your gross income. Create a budget so you know how much you’re comfortable spending each month on housing. Don’t wait until you’ve found a home and made an offer to investigate financing.
Gather your financial records and meet with a lender to get a prequalification letter spelling out how much you’re eligible to borrow. The lender won’t necessarily consider the extra fees you’ll pay when you purchase or your plans to begin a family or purchase a new car, so shop in a price range you’re comfortable with. Also, presenting an offer contingent on financing will make your bid less attractive to sellers.
4. Set a moving timeline
Do you have blemishes on your credit that will take time to clear up? If you already own, have you sold your current home? If not, you’ll need to factor in the time needed to sell. If you rent, when is your lease up? Do you expect interest rates to jump anytime soon? All these factors will affect your buying, closing, and moving timelines.
5. Think long term
Your future plans may dictate the type of home you’ll buy. Are you looking for a starter house with plans to move up in a few years, or do you hope to stay in the home for five to 10 years? With a starter, you may need to adjust your expectations. If you plan to nest, be sure your priority list helps you identify a home you’ll still love years from now.
6. Work with a REALTOR®
Ask people you trust for referrals to a real estate professional they trust. Interview agents to determine which have expertise in the neighborhoods and type of homes you’re interested in. Because homebuying triggers many emotions, consider whether an agent’s style meshes with your personality.
Also ask if the agent specializes in buyer representation. Unlike listing agents, whose first duty is to the seller, buyers’ reps work only for you even though they’re typically paid by the seller. Finally, check whether agents are REALTORS®, which means they’re members of the NATIONAL ASSOCIATION OF REALTORS®. NAR has been a champion of homeownership rights for more than a century.
7. Be realistic
It’s OK to be picky about the home and neighborhood you want, but don’t be close-minded, unrealistic, or blinded by minor imperfections. If you insist on living in a cul-de-sac, you may miss out on great homes on streets that are just as quiet and secluded.
On the flip side, don’t be so swayed by a “wow” feature that you forget about other issues—like noise levels—that can have a big impact on your quality of life. Use your priority list to evaluate each property, remembering there’s no such thing as the perfect home.
8. Limit the opinions you solicit
It’s natural to seek reassurance when making a big financial decision. But you know that saying about too many cooks in the kitchen. If you need a second opinion, select one or two people. But remain true to your list of wants and needs so the final decision is based on criteria you’ve identified as important.
G.M. Filisko is an attorney and award-winning writer who has found happiness in a brownstone in a historic Chicago neighborhood. A frequent contributor to many national publications including Bankrate.com, REALTOR® Magazine, and the American Bar Association Journal, she specializes in real estate, business, personal finance, and legal topics.