Ohio Real Estate Wholesaler Regulations Poised to Become Law
March 9, 2026
By Gene R. Abercrombie, Esq. After years of consideration, Ohio lawmakers finally passed legislation addressing real estate wholesalers. However, the bill does not go as far as some in the real estate industry would have liked. Senate Bill 155 defines the term “wholesaler” and requires wholesalers to make certain disclosures to property owners. If those […]
Challenging the Appraised Value of Your Property for Real Estate Taxation
March 2, 2026
By Gene R. Abercrombie, Esq. Ohio property owners have the right to challenge the value assigned to their real estate for real property tax purposes. County auditors conduct full reappraisals every six years and triennial updates in between. Lucas County completed its most recent revaluation to reflect market conditions as of January 1, 2024 (with […]
New Real Estate Rules for Cash Transactions Are Aimed at Money Laundering
February 27, 2026
New federal rules requiring increased reporting for certain all-cash real estate transactions are designed to crack down on money laundering and boost transparency in the market, meaning buyers and sellers working through entities like LLCs or trusts should be prepared for added documentation and closer scrutiny in Toledo closings.
FinCEN Residential Real Estate Transfer Reporting Rule: New Federal Requirements Effective March 1, 2026
February 27, 2026
By Gene R. Abercrombie, Esq. In August 2024, the Financial Crimes Enforcement Network (“FinCEN”) issued a final rule designed to increase transparency in U.S. residential real estate transactions as part of broader anti-money laundering efforts. The rule became effective December 1, 2025. However, the reporting requirements, and associated penalties, apply to transfers occurring on or […]
Toledo Mayor Announces $20 Million Investment to Boost Jobs, Housing
February 27, 2026
Toledo’s new $20 million investment initiative aims to accelerate job creation and expand housing opportunities by preparing development sites and attracting businesses, signaling potential long-term economic growth and increased demand for homes that could benefit both buyers and sellers in the Toledo real estate market.
One Month Until Spring: Here Are Last-Minute Tips for Ohio Homeowners Looking to Sell as the Market Heats Up
February 26, 2026
Spring Is Traditionally One of the Busiest Seasons for Homebuying. With spring just one month away, the Ohio Department of Commerce Division of Real Estate and Professional Licensing is highlighting some last-minute steps homeowners can take to maximize interest and value in the event they’re considering selling their home during the upcoming busy homebuying season. […]