Imagine you are at the finish line of buying your dream home. You have saved for years, signed a mountain of paperwork, and finally wired your down payment. You are ready to get the keys. But then, you get a call: the money never arrived. Or worse, the person handling the transaction has disappeared with …
Read more Closing Protection Coverage in Ohio: Costs, Benefits & Risks
As a real estate attorney practicing in Ohio, I frequently encounter situations where co-owners of property find themselves at an impasse. Whether it's siblings who inherited the family home, former business partners, or partners parting ways, disagreements over real estate can create significant legal challenges. Fortunately, Ohio law provides a solution through the partition process.
Read more Ohio Real Estate Partition: When Co-Owners Can’t Agree
We are open for business! Governor DeWine's Stay at Home Order does not impact home closings. Our business is considering an essential business and it is our privilege to continue to work for you during this crisis. Our conference rooms are being cleaned after every closing. Additionally, we have ZOOM set up to allow real …
Real property taxes in Ohio are primarily determined by two numbers - the effective tax rate and the assessed value. When these two numbers are multiplied together for a given property, you get the base real estate tax amount. The effective rate is not generally challengeable. However, there is a standard procedure available to all …
Read more Time is Running Out to Challenge House Values in 2014
Brenda Ashcraft, 43, fromMilford, Ohio has been indicted by a federal grand jury for defrauding investors of at least $15 million from 2009 - 2013. The scheme involved French Manor Properties which is owned by Ashcraft. Investors were promised 40% returns. If an investment sounds too good to be true, it probably is. To read …
Read more Milford Realtor Charged with $15 Million Fraud Scheme
The question that is asked all of the time is, “Do I need owner’s title insurance?” The answer is yes you need owner’s title insurance. A lender’s title insurance policy provides no benefit to an owner of real property. A lender’s policy only comes into play to protect the lender. Under most scenarios, the lender …
Did you know that there is more to owning real property than just obtaining a deed? Knowing which deed or legal document is appropriate for a real estate transaction can help avoid a potential lengthy and costly probate case. This is why having a licensed attorney prepare your deed and other legal documents for your …
Read more Owning Real Estate Property Requires More Than A Deed
SMARTtransaction is a new service platform that provides for an efficient method of handling a real estate transaction from start to finish. The biggest issue with any real estate transaction is the lack of communication between all of the parties to a real estate transaction. Wouldn't it be easier if everyone was literally on the …
Read more SMARTtransaction – the better way to handle real estate transactions