When you are representing the buyer, what are the disclosure requirements? There is an inspection/property disclosure report that the seller must give to the buyer under Ohio law. The form… CONTINUE
Financing a Property, Site Unseen
Is it difficult to get the bank to promise to finance a house or property they haven’t seen? What if the property has defects or you don’t win the auction?… CONTINUE
In a Sheriff Sale, ⅔ of the Appraised Value is the Opening Bid. How Reliable is That Appraisal?
The appraisers for foreclosure auction property are appointed by the court. The appraisals are not reliable and I tell my clients not to rely upon them. A buyer in a… CONTINUE
How Do I Finance a Home Purchase in Advance of an Auction?
It is best to to have the financial means to buy the property without financing in an auction. If you are going to finance it, you’d better have a bank… CONTINUE
Buying Real Estate in a Sheriff’s Foreclosure Auction
A sheriff’s foreclosure sale is a simple auction. The Sheriff has his or her gavel, everyone is bidding, and the highest bidder wins. Typically there is money that has to… CONTINUE