Advocating for You: Maple Heights Extends Point of Sale Escrow Waiver
On February 7, 2018, the Maple Heights City Council voted to extend the previously approved escrow waiver tied to the City’s Point of Sale Inspection. The waiver is available to owner-occupant buyers signing an affidavit that the property will be their primary residence for at least 2 years.
Mayor Annette Blackwell, who has been a staunch advocate for removing obstacles to homeownership in the City since taking office two years ago, said, “Removing the Escrow Waiver for homebuyers in the City of Maple Heights is one of the very important tools in our toolkit to help us address the issues of vacancy and abandonment, increase homeownership, preserve our neighborhoods and the quality of life for our residents who were adversely affected by the foreclosure crisis. I am extremely grateful to The Akron Cleveland Association of REALTORS for the helpful information, statistics and testimonials, that they made available to assist me in getting this legislation passed to continue this waiver in 2018.”
ACAR was represented at the council meeting by Maple Heights resident and ACAR member, Realtor Lydia Pope. It is critically important that our elected officials hear from Realtors and constituents on issues like this.
Reflecting on the meeting, Ms. Pope said, “I was extremely happy that the city of Maple Heights passed this ordinance that was on its third reading.” She went on to say, “Speaking on behalf of the Real Estate Agents/Brokers, I believe, made a difference and let the city officials know that Realtors care about our communities.”
ACAR looks forward to working with Mayor Blackwell and Council on the expansion of the waiver to all buyers in the future. To learn more, please visit http://www.citymapleheights.com/building.