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
Common Causes of Foreclosure
There are many common causes of foreclosure. Nonpayment typically is the primary reason why property is foreclosed upon. When I’m representing a buyer of a piece of property, typically I… 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
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
Bank Foreclosure Sales and Disclosure Requirements
In my experience, bank contracts used in foreclosure auctions are very, very one-sided. Banks are not making any representations or warranties about the property, and their documents offer very limited protection,… CONTINUE
Should I Have a Lawyer’s Help with a Foreclosure Purchase?
A Sheriff foreclosure is fraught with danger. It is very possible that a lien can be missed and a foreclosure does not wipe that lien off. As an attorney that… CONTINUE
Purchasing A Home in Foreclosure
When a home that you wish to purchase is in foreclosure, you are actually purchasing it from the Sheriff in a foreclosure sale. A Sheriff’s deed has no representations and… CONTINUE
Foreclosure Law Reform: Effective September 28, 2016
Often, we see banks who have acquired property and will put them online for auction, so you are actually buying them from the bank, post-foreclosure. Until recently, foreclosures sales through… CONTINUE