Real Estate
Forfeiture of Oil and Gas Leases
Blog, Real Estate, Resources
August 2, 2019 |
Consider this: in advance of closing, the title commitment reveals the existence of an oil or gas lease clouding title. Now what? The lessee is no longer in business or cannot be found and your client is unsure how to proceed. Your next step is to direct them to legal counsel because, under certain circumstances,… Read more
Real Estate Agents Need to Mind Their Auto-Correct
Blog, Real Estate
July 31, 2019 |
Real estate is a fast-paced, always changing career – agents use a variety of ways to communicate with their clients and others involved in the buying or selling process. The problem when some agents forgo proper communication skills in favor of being more casual and approachable. The results are misunderstood statements, contractual errors, dissension between… Read more
Agency Agreements Explained
Blog, Real Estate
July 26, 2019 |
As real estate agents continue to evolve in how they represent clients and how they are compensated, the types of agency relationships and agreements remain unchanged. Understanding the duties and obligations that come with each type of agency relationship is important when evaluating how your practice will advance in an ever-changing real estate landscape. Three… Read more
Alumni Success Story: Hasina Nelson
Blog, Real Estate, Student Success Stories
July 25, 2019 |
For 50 years, Hondros has educated some of the top real estate agents in Ohio. We are proud of our alumni and seek active relationships with them well after they pass their exams. We sat down with Hondros Alum, Hasina Nelson of Vylla Home and asked about her first year, so far, in the real… Read more
Ohio Federal Court Dismisses Foreclosure in Favor of Borrower
Blog, Real Estate
July 19, 2019 |
The U.S. District Court, Northern District of Ohio, Eastern Division, has issued a ruling that resulted in the dismissal of a foreclosure case against a borrower. The decision effectively allows the borrower to retain the property despite defaulting on the underlying $125,000.00 note. At issue in the case was the lender’s ability to demonstrate the… Read more
Congrats to Our July 2019 Instructor of The Month – Alfred Rosser
Blog, Real Estate
July 17, 2019 |
We’re happy to announce the winner of July 2019’s Instructor of the month – Alfred Rosser! He knew he had a special connection to the Hondros family right from the start! He took his real estate pre-licensing courses at Hondros in 2000! Alfred then joined our team of expert instructors in 2010. He relishes the… Read more
Real Estate Licenses on the Rise in Columbus Ohio
Blog, Real Estate
July 12, 2019 |
According to Columbus Business First, as of June 25th of this year, 612 real estate licenses have been issued in Central Ohio. “Today, there are more than 7,600 active agents across Central Ohio.” – Marque Bressler Preininger, Columbus Realtors Since the Great Recession ended, the median price for homes sold has been rising in Central… Read more
4 Things First-Time Buyers Look for in a Mortgage Loan Officer
Mortgage Lending, Real Estate, Resources
July 11, 2019 |
Thirty-three percent of all people who purchased a home in the United States in 2018 were first-time buyers (according to Statista), and many of these used a mortgage loan officer to finance their move. If you work in the mortgage or financial services industries, it is important to know what first-timers look for when applying… Read more
U.S. Supreme Court Issues Ruling Regarding Property Rights
Blog, Real Estate
July 5, 2019 |
Although not widely covered in the mainstream media, the U.S. Supreme Court has issued a ruling that overruled prior Supreme Court precedent that required a landowner to first exhaust property taking cases in state court before suing in federal court. The decision allows plaintiffs that believe a local government has taken their property, to sue… Read more
Appellate Court Limits Slander of Title Claim
Blog, Real Estate
June 28, 2019 |
Slander of title is a civil claim for damages resulting from the publishing of false information about real property, such that the property is disparaged, or its title is clouded. For example, at its simplest terms, if a person records an affidavit with the county recorder, specifying the person has a legal or equitable interest… Read more
Eight Tools Every Appraiser Needs
Appraisal, Blog, Real Estate
June 19, 2019 |
Most professions come with a hefty price tag to get started. You have to rent space or buy inventory, or purchase equipment that comes at a high cost. What if there was a career where you could be your own boss, work the hours you please, and was inexpensive to enter? Welcome to a great… Read more
