DAYTON, Ohio (WDTN) — With people constantly involved in the real estate market, there are a few things consumers should know before getting started.
The Ohio Department of Commerce’s Real Estate and Professional Licensing Division (REPL) provides tips for challenges people endure to better understand the market and make the process smoother.
“By understanding some of the most common issues experienced during this process, potential sellers and buyers alike can create a greater level of awareness, confidence and peace of mind,” said Daphne Hawke, Supervisor at REPL. “I can approach real estate transactions with this knowledge.”
challenge
What you need to know
Appraisal
Learn about the evaluation process and the impact of evaluation discrepancies
disclosure
Understand Ohio’s disclosure requirements
financing
Gain knowledge about mortgage approval, credit scores, and loan contingencies
home inspection
Managing and negotiating home inspections and findings
Title ownership and liens
Learn more about title searches and liens
Click here for more information.
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