There are thousands of people living in Ohio who would love to be homeowners but either don't have the credit history or the down payment necessary to secure a standard mortgage through a bank. Whether you flip real estate as an occupation or simply want to sell your...
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Toledo Real Estate And Business Law Blog
Don’t close on your home until you’re satisfied with the inspection
You’re not required to have a home inspected before purchasing it, but it’s typically in your best interest. This gives you a clear understanding of the condition of the property, thus allowing you to better understand what you’re getting into. Along with forgoing an...
What should you do if you’re struggling with a troublesome tenant?
You enjoy being a landlord for a few reasons. The first is that you get to provide housing to people who you love having as tenants. You meet new people and make friends with many who stay with you. You also love that you have a regular income from a passive source....
Wind turbines: Clean energy could come at a price
Ohio has lots of wide-open spaces, so it makes sense to add wind turbines. However, these turbines can be worrisome to the individuals and businesses that are around them. It’s true that these can be extremely dangerous, especially if they are not sited correctly....
How should you prep your finances before filing for divorce?
Divorce involves many facets and decisions that need to be made. But if you don’t have children, chances are good that the majority of your divorce will be focused on asset and debt division. Separating the financial entanglements of a married couple is typically not...
How much can you charge for a security deposit on a rental home?
Renting out real estate can be a great business model that allows you to turn existing properties or capital into a steady stream of income. Provided that you find good tenants, you can maintain the property and enjoy ongoing rent payment without a full-time work...
What if a seller is still in your new home when you need to move?
Unless you are an investor who wants to rent out the property or fix it up and resell it for a profit, taking possession of your new home is probably the most important part of buying it. You want to move in and start making changes or improvements to it. Your closing...
Is your tenant putting your property on AirBNB?
Short-term rentals often bring in more money, with less stability, than month-long rentals. The most popular platform for these rentals is AirBNB, but it is not the only one. One issue that landlords sometimes run into is that their tenants may decide to rent the...
Can you back out of a home purchase after making an offer?
Typically, you don’t make an offer on a home until you know that you want to buy it. However, there are things that could cause you to change your mind. Maybe you thought that you wanted that home but, as soon as you made your offer, your dream home down the street...
Buying a home and concerned that the seller might be lying?
When buying a home, you put a certain level of trust in the seller. While you expect them to be honest about what you’re getting, this doesn’t always happen. And for that reason, you have every right to proceed with caution. Here are three steps you should take if you...
