Our firm provides and can assist you with a wide range of real estate services, from purchases to sales and everything in between. We can help address the legal issues related to your real estate project from start to finish.
Residential real estate
Purchasing a home can be complex and confusing. Selling a home can be difficult as well. At Dell Burtis Law, we offer our clients a broad range of residential real estate representation in the following transactions:
- Construction Contracts
- Mortgage-Based Financing
- Title insurance*
We also assist with the following residential real estate issues:
- Land use
- Permit appeals
- Tax Valuation Appeals
- Landlord-tenant issues
*Provided through Professional Title Services, Ltd.
If an Ohio homeowner takes out a mortgage when buying property, the lender will usually require a loan policy of title insurance. This type of insurance protects the lender’s interest in your property until your loan is paid off or refinanced.
A homeowner also can purchase a title insurance policy, which will provide reimbursement to the owner if there is ever a loss related to an insured claim.
Real Estate Purchase Agreements should be used for all real estate sales. A well-prepared Purchase Agreement will address the most common issues and potential problems that may arise and spell out each party’s rights and responsibilities if that should occur.
Commercial real estate services
If you are interested in buying, selling, leasing, or investing in commercial real estate, we can ensure that your transaction is structured correctly.
Our firm assists with the following commercial real estate issues:
- Purchase and sale of real property
- Construction (new construction and renovation projects)
- Mortgage issues
- Foreclosure and eminent domain matters
- Landlord/tenant matters
A “Land Installment Contract” or “Land Contract” is a specific type of agreement between a landowner selling real estate and a buyer buying that real estate that allows the sale to take place over an extended period, typically several years.
A Land Contract sets out the property’s purchase price and specific other provisions (for Land Contracts for residences, Ohio has a statute).
Although a Land Contract can facilitate a purchase when a buyer cannot get bank financing, it has certain drawbacks, which can include:
- The seller essentially acts as the bank, financing the purchase. Thus, if the buyer does not make the required payments, the seller may need to collect or file a lawsuit.
- While the land contract is pending, the seller continues to own the property, but the buyer lives at the property. If the buyer does not take good care of the property or stops making payments, the seller may face the challenge of taking the property back in addition to repairing the damage.
If you are considering a Land Contract, please consult an experienced Ohio real estate attorney who can help guide you through the benefits and drawbacks. Dell Burtis Law is here to guide you and your loved ones with Estate Planning, Elder Law, Special Needs Planning, Veterans Benefits, Real Estate, and Business Planning in Tiffin, Ohio, and surrounding areas. We welcome you to contact us to learn more about how we can assist with your business planning needs.