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Real Estate Term of the Week

Material Defect: A specific issue with a system or component of residential property that may have a significant, adverse impact on the value of the property, or that poses an unreasonable risk. Examples of...

Must I Disclose Defects in My Home?

All sellers want to present their home in the best possible light. But in many states, including Ohio, you’re obligated to fill out a residential property disclosure form that requires you to reveal significant...

Real Estate Term of the Week

Professional Organizer: Professional organizers bring order to everything from office filing systems and medical records to family budgets and bedroom closets. They help businesses and individuals gain more control over time and space, reduce...

Real Estate Term of the Week

Offer Letter Mortgage: A non-contingent offer of employment, in letter form, by the employer, which documents the start date, position of the job, salary, benefits, terms, and duties of the employee. The employment offer...

Real Estate Term of the Week:

Rent-to-Own Contract: A legal document for the transaction of real property (and/or other tangible property) that is leased in exchange for a weekly or monthly payment, with the option to purchase at some point...