Many people have never heard the term “stigmatized property” before. But if you are either buying or selling a piece of real estate, it could be important to understand what it means. A property can become stigmatized if any one of a number of adverse events occurs...
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Contingency clauses in home purchase contracts explained
Buying a home is one of the most important decisions you'll ever make. It involves a lot of money, time and emotions, so you want to ensure that you are protected from any unforeseen issues that might arise during the process. Contingency clauses can help you do that....
2 reasons to evict a tenant in Ohio
If you own a rental property, there is a good chance you will come across a tenant with whom you do not get along quite fine. But you cannot simply ask them to leave because of personal differences. If you do, they may sue you for wrongful eviction. And you don’t want...
What should you consider when choosing a real estate agent?
Buying a home is one of the biggest decisions you can make in your life, let alone one of the most expensive. The right real estate agent can help guide you through the process and ensure that it goes smoothly, saving you time, money, and stress. Choosing the right...
Why conduct due diligence before investing in real estate?
Are you considering investing in commercial real estate? Even though this is a lucrative industry, it’s always advisable to conduct due diligence before investing. Due diligence is thoroughly investigating a property before investing to ensure you make an informed...
3 errors to avoid when closing on real estate
Choosing a home to buy is one of life’s most important decisions, so it’s important to get it right. Yet, many people don’t. Here are three common errors to avoid: 1. Letting your heart rule your head You need to be realistic when choosing a home. It’s easy to get...
Do property sellers need to tell you about known issues?
Buying a property can feel like a minefield where one false move will blow your savings. The law also makes provisions to reduce the risk of buying real estate. It requires owners to disclose certain issues that they know about. While there may be problems with the...
3 contingencies that take the risk out of making an offer
One of the most important steps in buying real estate is making a purchase offer. The prospective buyer determines what they would willingly pay for the property and then submits paperwork to the seller. If the seller accepts and signs the offer, the buyer is legally...
2 ways to enforce lease restrictions in commercial leases
Commercial leases demand a lot more than residential leases do from landlords. It is common for landlords to provide facilities ranging from parking lots and bathrooms to security services for their tenants. As a landlord leasing commercial properties, you may seek to...
3 times landlords can ask the Ohio courts to evict their tenants
Getting a new tenant into a rental unit can be a costly and time-consuming process. Landlords have to show the unit and then check the applications of prospective tenants. They may need to engage in deep cleaning or make repairs before a new tenant takes occupancy. It...