Home   Electrical Contractor   Free Electrical Contractor Business Plan   4.16 Target Market Housing Stock by Mortgage Status Analysis

4.16 Target Market Housing Stock by Mortgage Status Analysis

In order to conduct our analysis we have the following mortgage status classifications for the target market of Alameda County:

  1. Percentage of the housing stock of Cuyahoga County and the State of Ohio with a mortgage.
  2. Percentage of the housing stock of Cuyahoga County and the State of Ohio without a mortgage.

The number of housing units with a mortgage and those without a mortgage are about the same for both Cuyahoga County and the State of Ohio. Roughly two third of all homes in the total housing stock are homes that have a mortgage and the remaining one third of homes do not have one.

This of course has some implications for Andy and Jose of Lights On Electrical. Homes there the home owners does not have a mortgage represent a homes with nothing but equity for the homeowner. Very often contractors can team up with a mortgage broker and offer free home electrical inspections as a part of a free promotion when the the homeowner applies for a home equity line of credit. The great advantage of creating these strategic partnerships is that an electrical contractor is able to generate new possible leads from home owners who may be only too happy to give them positive feedback on social media in exchange for a free appraisal of the electrical systems in their homes.

Quick Links:

  1. Go to the Corresponding Template section for this industry.
  2. Go to the Corresponding Questionnaire section for this industry.

Small Business Owner Resource Center


Articles on the Small Business Financing Sources, the Small Business Loan Basics, small business loans Checklist and SBA Loans are incredible sources of knowledge for the small business owner.



Credit Report and Credit Score Analysis, how to Read a Personal Credit Report and all about Business Credit cover the intricacies of credit and are required reading for everybody.



The Foundation Grant Directory is a free listing of sources for grants by state. Why not look if there is some free money out there for your business. Hey - you never know!



The Business Loan Application covers every item you will need in your loan package and tells you how to get approved for business loans.



Fire your loan broker and use our Free Business Loans Bank / Lender Directory to find every bank in the country lending to small businesses.



If you are looking to start a business - look no further.  Check out the Free Incorporation Guide discussion and the State Incorporation Resource Directory.

Rate this page
Your feedback is important to us | Please rate this page
1 2 3 4 5