Resources
How to Know Whether a Client Qualifies for a USDA Loan
Blog, Mortgage Lending
December 20, 2018 |
As a mortgage loan officer (MLO), you will have clients in all different types of situations. They will be looking to you to provide the information they need to make an informed decision about how they’ll finance their home. A conventional loan may not be the right answer for every client. For example, if you… Read more
Four Ways a Plumber Can Help Determine if a Home is Worth Flipping
Appraisal, Blog, Home Inspection
December 19, 2018 |
Flipping a house can be a great way to make a lot of money within a fairly short period of time. In order for a house flip to be as lucrative as it can be, there needs to be a minimal investment in the remodeling that needs to happen. A great way to ensure that… Read more
Hondros Education Group Announces Acquisition of Pennsylvania And New Jersey Real Estate School
Blog, News
December 18, 2018 |
Philadelphia, PA (Dec. 18, 2018) – Hondros Education Group (HEG), proudly announced today that it has acquired Schlicher-Kratz Institute, in a partnership that will advance real estate, mortgage, and appraisal education in Pennsylvania and New Jersey. This acquisition follows HEG’s 2018 purchase of Tucson-based Hogan School of Real Estate and helps fulfill its vision to offer… Read more
Congrats to Our December 2018 Instructor of The Month – Craig Gatzulis
Blog
December 12, 2018 |
We’re happy to announce the winner of December 2018’s Instructor of the month – Craig Gatzulis! This two-time winner of the Hondros Instructor of the month has been with us for 19 years. Before working at Hondros, Craig managed a real estate office for 10 years. There, he learned a lot from other agents and… Read more
Ohio to Abolish Dower Rights
Blog
December 7, 2018 |
On November 14, 2018, H.B. 407 was referred to the Ohio Senate Judiciary Committee for consideration. The legislation which generally proposes to abolish dower rights in Ohio was passed by the Ohio House of Representatives in June of this year. If the legislation becomes law, Ohio will join 47 other states that have already abolished… Read more
What Are Desktop and Hybrid Appraisal Products?
Appraisal, Blog
December 6, 2018 |
What happens when a client requests for “alternative appraisal products”? They may call it a desktop appraisal, an evaluation, a value-check, or any one of a myriad of catchy titles. In a residential appraiser’s world of churning out URAR forms every day, this could be new territory. What is needed in a “desktop” or a… Read more
Realtors, Clients, and Nanny Cams at Open Houses
Blog
December 5, 2018 |
On August 10, 1948, Allen Funt brought the funny, popular, and long-running show “Candid Camera” to television. It turns out Mr. Funt was good at predicting the future because cameras are all around us these days. We can’t walk a step without seeing someone take a photo or video with their cell phone. Or watch… Read more
Homebuyers Protected by Ohio Consumer Sales Practices Act
Blog
November 30, 2018 |
Homebuyers that are subjected to unfair or deceptive practices (from their lender, mortgage broker or appraiser) during the home buying process have options under Ohio’s Homebuyer Protection Act. Adopted in the 1970’s, the Ohio Consumer Sales Practices Act or (CSPA) protects consumers from a supplier’s deceptive practices in a consumer transaction. In 2006, the law… Read more
NAR REALTORS Conference & Expo 2018 Recap
Appraisal, Blog
November 28, 2018 |
The annual National Association of Realtors’ Conference & Expo took place in Boston, and gave new insights I couldn’t have found anywhere else! In past years, after attending this conference in New Orleans, San Diego, Orlando, and Chicago I am certain that this convention is vital to get the most current information on real estate… Read more
Governor Makes Appointments Affecting Real Estate Industry
Blog
November 16, 2018 |
Governor Kasich has announced several appointments to state boards and commissions affecting the real estate industry. Ohio’s real estate related boards and commissions have broad powers to adopt rules affecting qualification for licensure and how members of the profession practice. Ohio law has specific requirements for individuals seeking appointment, such as obtaining a certain level… Read more
Real Estate Commission Issues License Revocations
Blog
November 15, 2018 |
To avoid a license revocation, a licensee must: Seek a purchase offer at a price and terms acceptable to the client Present any purchase offers to the client in a timely manner Provide the seller with a copy of the agency disclosure statement In its Fall of 2018 Newsletter, the Ohio Real Estate Commission… Read more
