Ohio Down Payment Assistance: How OHFA Programs Work at the Closing Table
Saving for a down payment and closing costs is one of the biggest hurdles for first-time buyers. The Ohio Housing Finance Agency, known as OHFA, offers programs that can help eligible buyers bridge that gap.
Buying Ohio Real Estate in an LLC: Title, Tax, and Closing Considerations
Real estate investors in Ohio often buy rental homes, small multifamily buildings, and land through a limited liability company. An LLC can help separate the property from the owner's personal assets, simplify ownership among multiple partners, and make it easier to transfer ownership interests later. Before you sign a purchase contract in an LLC's name, however, it is important to understand how that choice affects financing, title, and taxes.
Good Funds Laws in Ohio: Why Your Title Company Holds Funds Before Closing
Why Funds Don't Move the Moment You Sign Buyers and sellers are sometimes surprised to learn that their title company won't release closing funds the instant documents are signed. This isn't a delay tactic. It's the direct result of Ohio's Good Funds Law, found in Ohio Revised Code Section 1349.21, which sets strict requirements for …