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

The Robert Weiler Company

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? Essentially, a land contract is an alternative financing option if you’re investing in: Farmland or raw land.

Contracts 143
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6 strategies to get more from your MLS searches

Housing Wire

Today we’ll show you how to deploy 6 creative ways to get more from your searches so you can get those buyers in contract faster. You’re less likely to have to compete for those, and the sellers are likely to be more motivated to make a deal. Change your strategy if they can’t or won’t compete.

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7 Takeaways: Due Diligence Fee and Earnest Money in Real Estate

Raleigh Realty

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in. Due Diligence: What Is it?

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How to Best Search for Land to Buy in Ohio [2022]

The Robert Weiler Company

Hiring a real estate lawyer to review all contracts first is best. Another loan option for buying land is a land contract. With a land contract, the seller provides the land buyer with the loan, instead of an institution. With a land contract, the seller provides the land buyer with the loan, instead of an institution.

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Explaining the Loan Process Part 5: The Closing Process

PennyMac

Mutual Acceptance of the Offer After negotiation, the buyer and seller agree on the final property price. The price is formally documented in the purchase agreement, a legally binding contract that outlines the terms of the transaction. Here are some of the steps completed prior to closing.

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

A buyer gets a seller’s disclosure statement for that information. Tomorrow, I’m supposed to become a data scientist and try to decipher the value of a property I’ve never seen, bought and sold by buyers and sellers I’ve never met. There is no way to know what the inside looks like or the foundation (many are brick).

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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

Your gross income is the income before taxes. Consider Property Taxes When you pay for your home, you'll need to pay other fees like property taxes and insurance. Getting pre-approved tells the seller that you're serious. And the seller's agent will be happier to do business with a colleague in the field.