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What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

As such, some investors that purchase Ohio property for sale for the purpose of flipping consider offering a land contract for their real property. On the flip side, a land contract is the sale of a property, where the seller finances the deal. Instead, you are paying these installments to the seller.

Contracts 143
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Real Estate Risk Management: Putting Clients’ Interests First

McKissock

In its Standard of Practice 1-2, “client” means persons or entities with which the Realtor® has an “agency or legally recognized non-agency relationship.” Article 2 requires honest communications regarding a seller’s property. This includes “opinions of real property value or price.”

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5 Appraisal Topics Every Agent Should Know

Empire Appraisal Group

While appraisers can’t discuss comparable properties, Bradley said agents can still provide MLS data sheets with brief explanations of why similar homes are relevant to your listing, such as whether they were built by the same builder, have a remodeled kitchen, or involve other comparable elements.

Agents 78
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Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

A full accounting of each service performed on the commercial property, pertaining to maintenance, operation, and repair. A record of insurance information, including existing policies and any pending or previous claims made against the commercial property. A good commercial real estate investment cannot rely solely on trust.

Investing 138
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Ohio Land for Sale: Is the Market Still Ripe for Growth in 2022?

The Robert Weiler Company

taxes, insurance) while making a profit. A land contract is a legal agreement used to purchase real estate through owner financing. A land contract is similar to a mortgage but instead of borrowing funds from a bank or lender, the buyer borrows from the real estate owner. Offer a Land Contract: What is a land contract?