• Real Estate

    What Are the Risks of Buying Real Estate Through a Land Contract?

    Ohio land contract risks: A land contract lets the buyer pay the seller over time while the seller retains legal title as security. Risks include undisclosed mortgages, title defects, tax or insurance failures, default remedies, balloon payments, recording problems, and delayed equity protection. Real-estate disputes often turn on a few words in a contract, deed, disclosure, survey, or recorded instrument. The practical facts matter too: who gave notice, what the parties knew, whether deadlines were met, and what reliable records show. This guide explains the general Ohio framework in plain language, but individual documents and county practices can change the result. In this guide Ohio land contract risks: the short…