Auction - Kiko Real Estate Auction on June 9th beginning at 11 AM. Huge 135+ acres with large banquet facility or club house including
kitchen/bar, and large dining area. Very large gravel
parking lot. There are also several ponds, storage buildings. Free gas is also available.
Stately land boasts open and wooded areas. Located across from Break Water Beach at Lake Erie. Property is located in the Village
of Geneva on the Lake.
Mineral rights status? Only around 20 acres is leased. The balance is unleased.
Outstanding opportunity to own part or
all of this unique property that has many possibilities.
Like to register for this auction? Contact Jackie Stewart 440-563-6656
Miller Realty.
http://www.NortheasternOhioProperty.com
Kiko Auction -4300 square foot fixer upper on 27 acres of land with mineral rights intact. Lots of potential here for the savvy buyer! Most of the home has been gutted so fix it up to your liking!
\Woods with marketable timber. Mineral rights are intact.
Contact Jackie Stewart of Miller Realty if you would like to register for this auction to be held on May 24, 2012, on location at 15421 Rock Creek Rd. at 6 PM. 440-563-6656
http:www.NortheasternOHioProperty.com
http://www.AshtabulaCountyProperty.com
Recently, on a beautifully sunny Sunday afternoon drive through Rome Township, I noticed something out of the ordinary for our rural community. There was a very large structure with several workers climbing and working on it's massive frame. It didn't take too long for me to realize it was a drilling rig! Looks like things are moving right along with the upcoming oil boom coming to our area. In fact, sources that I've spoken with say this structure is more than likely a test well being installed in Rome Township on Route 45, north of route 6.
Economically there is a lot at stake for Ashtabula County. We truly need this to be the start of something good for our area.
As with anything, there are concerns. There are concerns regarding the environmental impact. Ground water is one such concern and rightfully should be. As many precautions as possible must be taken to protect this most precious resource.
Landowner rights must also be protected. There are many companies out there who would like to help you lease your land. Be careful. Read everything. Talk with a competent oil and gas attorney. Be aware, stay informed. Attend as many public seminars as possible and educate yourself as much as possible.
If you have any questions on gas and oil leasing contact me and I'll be glad to try and help you or point you towards the right resources.
If you're looking for land to purchase, or have acreage to sell I would be happy to assist you in any way I can. As our area's local Land Agent, I'm experienced, professional and driven to provide the best possible customer service around!
Contact me with questions or to discuss marketing options!
Jackie Stewart, Realtor
Homes, Land & Rural Property Specialist.
440-563-6656
Miller Realty
Please Visit My Websites:
http://www.NortheasternOhioProperty.com
http://www.AshtabulaCountyProperty.com
Land--Something Special!
Are you ready for this one? Register for Kiko Auction for a total of 86 acres in Leroy Township, Ohio. With frontage on Girdled Rd and Jennings Drive, with access off Eaglebrook Ct, this auction will take place on location starting at 6 PM on May 21, 2012. Multiple parcels and mineral rights available! This is YOUR opportunity to prepare for YOUR future!
Not registered yet for this auction? If you'd like more information or would like to register, contact me at 440-563-6656 or email jstewcrew@hotmail.com and I'll be happy to help you get registered in plenty of time to attend.
Land- Something Special!
3314826
Interested in land in Ashtabula County? Interested in Mineral Rights in Ashtabula County? Interested in both?
This is your opportunity to purchase either or BOTH!
Saturday, May 5, 2012 beginning at 11 AM, Kiko Auctioneers will be auctioning 3 farms totaling 428 acres in Austinburg and Morgan Townships. This property will be offered in parcels of woods, tillable land, ponds, streams, etc. Mineral Rights are to transfer. Mineral Rights may be purchased separately!
Don't miss your chance!
Contact Jackie Stewart of Miller Realty at 440-563-6656 for more information, auction location and to register and take part of this huge sale!
Land- something special!
Horse Property in Ashtabula County!
• 2,368 sq. ft., 3 bath, 3 bdrm colonial
-
MLS®
$210,000
- New Price! No Known Gas/Oil Leases!
Windsor Township, Ashtabula
-
Magnificent 3 possibly 4 bedroom, 2.5 bath horse property nestled on over 14 acres! Welcoming foyer invites you into this well appointed home. Much to appreciate here! Warm and inviting with fireplace, first floor master suite, kitchen with glass doors and walk in closets throughout. 12 X 14 office.
Country charmer set back 200 feet away from the road. This must see property is very private.
Property information
Act fast! This is a beautiful property with the potential of creating future income!
Shopping for a new home is an emotional experience. It is however, also a business transaction, and must be treated as such. Three of the most devastating things that can go wrong are: Paying too much, losing a dream property to another buyer or buying the wrong home or parcel of land.
When you have a systematic plan before you shop, you'll be sure to avoid these costly errors. here are some important tips to make the most of your home or land purchase:
Get the information you need. What price do you offer a seller? Is the seller's asking price too high? Is it a deal? Your own research is important, as is the assistance of your Realtor. A professional can offer an unbiased opinion on the value of a home, based on many factors and a great deal of information. Without knowledge of the market, your offer could be too much! Or worse, you could miss out on a great buying opportunity. Hire the right person and trust that person to represent your interests.
Buy YOUR Home or Land. What do you need and want in a particular piece of property? Sounds simple, but clearly identifying your needs and bringing an objective view to home shopping leaves you in a much better position. How much space do you really need? Too small and you may feel like you live in constant clutter. Too big and maintenance may become too daunting. A good idea is to outline your all of your priorities and working on finding not just a great home, but a great home for YOU.
What if you're purchasing a parcel of land? Not only will you need to determine your perfect location, you'll also have to decide what you'd most like to use the land for. Do you hunt? Are you looking for a place to ride four wheelers or camp? Or do you want a nice lot to build your dream home on? Maybe all these things are important to you. Perhaps this is more of an investment strategy and you're interested in the mineral rights transferring to you free of leases. Or perhaps you want to sell the timber on the property. You may like to have a qualified timber professional give you an estimate of the potential value. Re-sale value will also be something you'll likely consider too.
Check the Title! Before you sign any document, be sure the property you are considering is free of all encumbrances. This is especially true if you're concerned with the transfer of mineral rights. The title company research all these matters for you for a fee. They can check to make sure there are no liens, debts, undisclosed owners, leases or easements against the title.
Update the Survey. Before the purchase is completed, an updated survey is essential. This report will indicate boundaries and structural changes (additions to the house, a new swimming pool, neighbor's new fence which is extending a boundary line, etc.), and will guarantee that you are indeed getting what you pay for.
Minimize the Unexpected. It's wise to pay an inspector to conduct a thorough inspection of the home. Their expertise can mean the difference between uncovering major flaws before or after you own a home. Make the final contract subject to the report's findings.
Get Pre-Approved. It only takes a few days to get financing pre-approval. When you are shopping for a home, this gives you more power. A seller is more likely to consider an offer from a serious buyer.
Don't Forget Additional Costs. Besides the funds for the purchase of a home or piece of and, you'll need funds for items such as loan fees, insurance, legal fees, surveys, inspections, etc.
Take a Deep Breath! Before you sign, ensure that all documentation clearly reflects your understanding and conditions of the transaction. Has anything been forgotten? Don't rush. You might lose money, financing, or even the sale if you attempt to push things through too hastily.
If you're ready to purchase a home or land in Ashtabula or the surrounding areas, I'll be happy to help.
Contact me for the best possible customer service experience! There's only ONE right choice.
Miller Realty.
When you're selling your home or land, the price you set is a critical factor in the return you'll eventually receive. That's why you need a professional evaluation from an experienced Realtor. A professional can provide youwith an honest assessment of your property.
Several factors should be assessed. Those are market conditions, condition of the property, repairs or improvements, and your selling time frame.
In Real Estate terms, market value is the price at which a particular house or parcel of acreage, in its current condition, should sell within 30-90 days.
What can happen if you price your property high? You may limit buyers. Potential buyers may not view your property because it may be out of their price range. Agents may not show the property as readily when the price is too high. They may even use it to leverage another property that are priced better. Your property may even stay on the market much longer than it would if it were priced lower. When this happens sometimes the property may be perceived as defective. Buyers may wonder what's wrong with it or why it hasn't sold.
When a property is on the market beyond the average selling time, this can lead to a lower selling price. To sell it, you will have to reduce the price--sometimes several times. In the end, you'll probably get less than if it had been priced correctly to begin with.
Property that is properly priced in the beginning will always get you the fastest sale for the best price. An experienced, knowledgeable Real Estate Professional is your best ally.
To discuss pricing your property for sale and for marketing options, contact Jackie Stewart of Miller Realty. 440-563-6656
Buying or selling, there's only ONE Right Choice in Ashtabula County!
Beautifully Wooded
• lot / land "Scenic Leroy Township."
-
MLS®
$109,900
Leroy, Painesville
-
12 Beautifully wooded acres in scenic Leroy Township. Great area, conveniently located. This parcel is very wooded with a slight roll in topography adding to its charm! Walk this property and you'll be hard pressed not to fall in love with this beauty.
May be purchased as 5, 7 or 12 acres. You decide!
No gas or oil leases per owner.
Property information
Price Reduction! Near Roaming Shores.
• lot / land
-
MLS®
$14,900
- Reduced!
Rome, Ashtabula County
-
Life on the Edge! Prime Building Lot On The Edge of the Roaming Shores Community. Looking for a Rural Area to Build Your New Home? Don't Want To Be Too Far From Civilization? You've Got It Right Here! Deed Restricted For Your Protection
Property information
Check out: http://www.AshtabulaCountyProperty.com
Horse Property in Ashtabula County!
• 2,368 sq. ft., 3 bath, 3 bdrm colonial
-
MLS® Sale Pending!
$226,900
Windsor Township, Ashtabula
-
Magnificent 3 possibly 4 bedroom, 2.5 bath horse property nestled on over 14 acres! Welcoming foyer invites you into this well appointed home. Much to appreciate here! Warm and inviting with fireplace, first floor master suite, kitchen with glass doors and walk in closets throughout. 12 X 14 office.
Country charmer set back 200 feet away from the road. This must see property is very private.
Property information
This beautiful property is currently in pending status.
Aggressive advertising. Video Marketing. If you're considering selling a home or land in Northeastern Ohio-- let's discuss your options for getting it SOLD!
Also visit: http://www.AshtabulaCountyProperty.com
Miller Realty. Jackie Stewart
Great Starter or Investment!
• 768 sq. ft., 1 bath, 2 bdrm single story
-
MLS®
$50,000
- Price Reduction!
Orwell, Ashtabula County
-
Cute 2 bedroom 1 bath ranch on 6 acres with Grand River flowing through the back of the property. If you're looking for a great starter home OR investment then check this one out! Wooded, scenic, rustic. New Furnace in 11/2010. Windows replaced 1 year ago.
Property information
This property is currently in PENDING Status!
Want to sell your property? Marketing is critical in today's current market!
Internet marketing, video marketing, print marketing!
Contact me to discuss options to get your property SOLD!
Buyers! Let me help you find the perfect home or land! Don't sell yourself short! Call me for the best customer service in the area!
Also visit-- http://www.AshtabulaCountyProperty.com
6740 New London road sold for $85000. All mineral rights transferred to the new owner subject to the existing lease. The new owner will not only receive royalties but will also be able to use the free gas to any future home they may choose to build!
Contact me for land or property with acreage. I can also assist you with the sales or leasing of your minerals! Don't sell yourself short! Land values have been increasing.
So you’ve decided to lease your mineral rights. You’ve attended a few of the educational seminars. You’ve spoken with your attorney and now you’ve chosen the company you’re comfortable with to sign a lease. Great!! Your signing bonus and royalty checks may be substantial.
How does the IRS treat this type of income?
The Lease Bonus Payment, which can be received in one payment OR installments is considered to be ordinary income. The IRS considers it the same as rental income and you’ll need to use Schedule E to report this particular type of income.
Royalties are payments for share of production. They are treated as ordinary income. Neither leasing bonus or royalties are subject to any self employment tax. However they are usually subject to percentage depletion. You’ll report the royalties on Schedule E also.
How can you possibly reduce your tax liability for you newly acquired income?
There are also deductions you can claim that can help. For example, you may deduct the attorney payments that were associated with your lease negotiation. There is so much to consider when leasing your property. Please consult with your financial and legal advisers to make sure you’re getting the best possible advice.
Contact me for more information on buying or selling property in Northeastern Ohio, or for information on leasing your mineral rights.
Email, text or call-
Jackie Stewart- Miller Realty
440-563-6656
jstewcrew@hotmail.com
http://www.NortheasternOhioProperty.com
Have you heard about the upcoming gas and oil boom in Northeastern Ohio?
There is certainly a lot of information and rumors out there. Perhaps you’ve
been approached by a “leasing specialist” who wants you to sign a gas
and oil lease with them? What does all this mean for you?
If you have land that’s currently lease free in Ashtabulaand
surrounding counties, then it could mean future revenues from gas/oil
royalties. But how do you know which leasing company is right for you?
Should you lease directly with the oil companies?
First of all don’t jump at the first lease that comes along. Do you
homework. These documents can be complicated. Ask lots of questions. If
there are informational seminars available in your community plan to
attend. There is so much more to consider than just the price per acre
the lease will offer you.
Don’t lock yourself into a lease immediately. Remember, a mineral
lease is a legally binding document. Think things through, attend
seminars, and become educated.
When you’re considering a company to lease your minerals, your ground
water must be taken into consideration. Is there a clause on your
lease granting the oil company unrestricted use of your fresh water? It
can take 5 million gallons of water for hydraulic fracturing! Where
will all that water come from?
What about your water quality? Who will protect it? How will they
protect it? If your water is altered, or contaminated, what happens
then? Will the oil company pay to make the water good again? Who will
sample the water to make sure?
You NEED to know the answers to these and other questions! Without good, clean water, your property is worthless!
The upcoming gas and oil leasing is not all gloom
and doom. There is a landowner association working in the area who
addresses not only these concerns, but many more not listed here. You
need the information they have before making a decision to sign a lease
with ANYONE.
Contact me to find out more about the landowner association that works to protect YOUR landowner rights! You may attend a seminar, or arrange for a private meeting, all without obligation!
Buying, Selling a home or Land in Ashtabula County? Want to learn more about leasing your mineral? Contact me for more details!!
Northeastern Ohio Property. All Rights Reserved. No Part of this Blog May be Copied or Reproduced Without Written Permission,