Selling a House With a Reverse Mortgage on It

Usually this comes up one of two ways: a parent with a reverse mortgage has died, or a parent has moved into care and is not coming back. Either way the loan becomes due and payable, and there is a clock. What a reverse mortgage is doing on the house A Home Equity...

The Appraisal Came In Low. What Happens Now?

You accepted an offer, you made plans, and then the appraisal came in below the contract price. The deal is not dead. It has just become a negotiation about who covers the gap. Why it matters at all The lender will not lend on more than the appraised value. If the...

What Actually Happens at Closing in Ohio

Closing is the least dramatic part of selling a house, and sellers spend the most anxiety on it. Here is the whole sequence. Ohio closes through a title company Most residential closings in Ohio are handled by a title company rather than an attorney, which is...