HOME The making of a Tax Slave in Cleveland Heights,Ohio based on my expereince ,research and predictions. 1. Realtors find a qualified Buyer not educated with the Point of Sale Inspection (POS) and excessive property tax. 2. Census shows an equally balance population, a diverse city singing the praises "ALL are Welcome" while enjoying the fruits of pleasure. 3. Realtors,Home Inspectors and Appraisers all make claims the property is well maintained without disclosing the POS inspection. 4. Lenders do not request the signed Acknowledgement form (a REQUIRED Document for transfer ) prior to closing. 5. Title company, by unknown means is able to transfer property without the City's approval per the City Ordinance. 6. Notary will deliver the documents for signing without Acknowledgement form or POS CERTIFICATE. 7. Property will transfer within 24 hours,Buyer has paid a higher price for property,with hidden repairs/violoations never completed. 8. Buyer moves into property and discover electrical, plumbing and major issues were concealed. 9. Buyer contact contractors who offer their services, often at inflated prices, as they have pulled the property records . 10. Buyer discovers their missing documents (POS) by one of the good contractors. 11. Buyer visit Cleveland Heights Housing Inspection office where they are given the Acknowledgement form to execute. 12. Buyer calls Lawyers only to be told there is nothing that can be done, or they have a conflict of interest and cannot represent the Buyer. 13. Buyer contacts local ,state and federal Agencies that oversee home buying only to be ignored or claims dismissed with no violations. 14. Buyer request a waiver from Cleveland Heights for POS inspection, denied the waiver referred to city ordinance. 15. Buyer tries to sale property 4 SALE BY OWNER,No prospects only low ball offers,due to the POS repairs that will be REQUIRED. 16. While property is on the market trespassers will trample the Buyer's property gaze through windows until property is sold or comes off the market. 17. The Buyer will not have any property rights to file charges against trespassers because they are "doing their job ". 18. Buyer realize they are the proud owners of a over priced century old dump,painted pretty to cover up the repairs, 19. If the Buyer want the repairs completed they can expect to pay nose bleed prices and other services will become sub par. 20. Property tax time the Buyer will pay taxes on the over priced dump. 21. Buyer will dispute the property tax with no reductions in property value, year after year,property values will rise until you are taxed out the market. 22. Who benefits from higher property taxes? Who enforces the city ordinance? 23. Buyer cannot sale due to POS required to transfer, coincidently it will be equal to the equity in the property. 24. Buyer's mortgage will increase every year, as the taxes and home/vehicle insurance will increase creating a perfect storm for foreclosure. 25. Buyer allows foreclosure to run its course ,it will be swift,for some people,as it is a desired property. 25. Property is sold to an investor for pennies, due to the laundry list of repairs/escrow generated by the Housing Inspector. 26. Buyer's credit is destroyed for years and no one was ever penalized for NOT disclosing the POS the ROOT of this DUNG PILE. .27. The cycle will continue on and on by Realtors, as they know there are no penalties for bringing BLOODY REVENUE to Cleveland Heights. In my opinion, the Lender should have not approved the loan based on the estimated future taxes . They knew or should have that this was a set up for failure,yet they allowed it to happen to some people. The Realtor knew this was a high property tax area when they recommended this area. The Realtor knew they concealed pertinent information in order to make a fair offer on the property or walk away from this property. A $250K property in other parts of Ohio , California and most of the US may be affordable but NOT in Cleveland Heights. Before purchasing in Cleveland Heights or any city with a POS pull the property tax history , permits ,and All POS on file, and all the neighbors property taxes on the block. IF YOU DON'T HAVE POS POWER AVOID THIS TYPE OF CITY. If you have to ask what POS POWER is, you don't have it!!!! This website is to help educate those who seek to buy in a POS city. This is a real situation with real financial havoc and no recovery from the bandits. NO ONE is going to buy your property when they can get it for much less in a foreclosure. Home Ownership for some is a bloody living nightmare. To own / maintain a $250K property in Cleveland Heights you will need an annual income of $100K minimum with no debt!! Can't make your mortgage check out the requirements to rent your property and compare it to selling. Excessive repairs to rent or sell the property which will drain your equity dictated by a housing Inspector. You are at the "mercy" of a city official to rent or sell for a profit or break even or forfeit your property due to excessive repairs. Some people can have their inspection/ escrow reduced others not,go figure. ROBBERY BY PEN,SOME LAWS APPLY TO SOME PEOPLE. HIGHER PROPERTY TAXES FOR SOME PEOPLE EQUALS TAX SLAVE! Taxes are about the same as your mortgage. CONCEALING THE POS IS DISHONEST BUSINESS PRACTICE AND A CRIME FOR SOME PEOPLE! IRON CLAD PROTECTION FOR SOME PEOPLE AND NO JUSTICE FOR SOME PEOPLE! THIS BEAST OF A POS IS ROBBING CERTAIN PEOPLE OF GENERATIONAL WEALTH!!!!!!! |
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