The Federal Reserve is the central banking system of the United States and is overseen by a Board of Governors. The Board has increased interest rates twice so far in 2022, with additional increases likely by year’s end. Purportedly an action to help slow inflation,...
Real Estate Law
Companies buying nearly 17% of Ohio homes
Investing in real estate, whether in Ohio or some other location, can be a lucrative practice. Real estate values usually increase, particularly over the long term, and everyone has to have a place to live and work so there is also usually a high demand. One of the...
Rising interest rates may affect land prices
After several years of keeping interest rates near zero, the Federal Reserve approved to increase interest rates by .25 percentage points in March 2022. Experts agree that the agency will likely approve additional rate increases throughout the year. Ostensibly, this...
Ohio company sells real estate to out-of-state investor
Residents of Ohio may be familiar with the huge Heidelberg Distributing facility on I-75 near Moraine. Once a Cooper Tire and Rubber Co. warehouse, the expansive facility was bought by Heidelberg in 2013, and the company moved all of its operations there from Dayton...
Title and deed are not the same in real estate transactions
Buying a house involves a great deal of paperwork. At closing, new homeowners will have to sign document after document, and it can easily become confusing. In particular, some Ohio residents may be confused about the difference between a title and deed, both of which...
Is seller financing worth considering when buying a home?
Buying a home is something that many people in Ohio and elsewhere worry that they will never be able to afford to do. Though they may not have bad financial habits, they may not qualify for a mortgage from a traditional lender for a variety of reasons. However, they...
Obtaining title insurance may be a money saver
Buying a home is one of the biggest financial transactions most Ohio residents will make. As a result, some may think twice before spending money on choices that are optional during the purchasing process. Some prospective owners may hesitate before obtaining title...
As a seller, avoid failure-to-disclose issues
Selling a home can be an exciting but difficult endeavor to undertake. Many Ohio residents want to get through the process as quickly as possible, especially if they already have another home and do not want to manage two mortgages. However, it is important not to...
Real estate purchase agreements detail important terms
Involvement in a real estate transaction can be a costly affair. Because no Ohio resident wants to be taken advantage of when purchasing a home or other property, it is important that real estate purchase agreements are created correctly. These agreements are legally...
Title insurance can help address a forged deed
Being a homeowner comes with a number of responsibilities. You will need to perform regular maintenance of the home itself, the yard and any other surrounding property that you own. You may also have to comply with homeowners’ association regulations if you live in a...
