What Is an Assignment of Contract Clause, and Why Do Ohio Wholesalers Use It?

Assignment of Contract Clause in Columbus Ohio.

An assignment of contract clause gives a buyer the right to transfer a purchase agreement to someone else before closing. Wholesalers use it to put a house under contract and sell their contract rights to another investor for a fee. Since March 2, 2026, Ohio law requires wholesalers to provide homeowners with a separate signed…

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How to Spot a Fake Cash Offer: Columbus Ohio

Columbus Ohio homeowner reviewing a cash offer contract and bank statement to spot a fake cash offer

To spot a fake cash offer in Columbus Ohio, ask the buyer for a bank statement showing the cash, ask for $10,000 in earnest money held by a local title company, and read the contract for language that lets the buyer assign it. Many of the problem offers I hear about come from wholesalers. Wholesaling…

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How to Sell a House with Knob and Tube Wiring in Columbus Ohio

A few months ago I was doing a walk through in a house in Clintonville. I was in the basement looking at the electrical and noticed porcelain knobs running along the floor joists. Selling a house with knob and tube wiring in Columbus can be difficult. A conventional buyer needs insurance coverage before the lender…

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Selling a Destroyed Rental Property in Columbus Without Repairs

destroyed rental property

Selling a destroyed rental property in Columbus to a cash buyer usually closes in 10 to 14 days. Fixing it up and listing it on the MLS can take 3 to 6 months. Ohio law lets you sell in current condition, so you don’t have to repair or clean out the property before closing. You…

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How to Sell a Fire Damaged House in Columbus Ohio

You can sell a fire damaged house in Columbus as is without rebuilding it first. A direct cash sale can often close in 10 to 14 days, compared with 6 to 12 months for a full rebuild and traditional resale. Depending on your insurance policy and mortgage situation, you may be able to sell the…

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How to Sell a Columbus, Ohio Home With Basement Water Issues

Selling a Columbus, Ohio home with basement water issues can take 10 to 14 days when you sell a house as-is in Columbus, Ohio to a local cash buyer, versus 60 to 90 plus days through a traditional retail listing. Ohio law requires sellers to disclose known property defects, including water intrusion history, but you…

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How to Sell a House With Termite Damage in Columbus

Selling a home with termite damage in Central Ohio depends on three things: whether the structure is sound, what you have to disclose, and what a lender will allow. Any buyer using an FHA, VA, or conventional loan triggers a wood destroying insect report, and a positive one means repairs before closing. No exceptions. So…

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Selling a House With Code Violations in Columbus Ohio

Selling a house with code violations in Columbus Ohio usually comes down to two choices. You can spend the time and money fixing the problems before you sell, or you can sell the house as is and let the buyer deal with them after closing. Going through the city can mean permits, inspections, contractors, opening…

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Can I Sell My House If I’m Behind on Mortgage Payments in Columbus, Ohio?

Marc Van Steyn talking with a Columbus homeowner about selling a house after falling behind on mortgage payments

Yes, you can usually sell your house if you’re behind on mortgage payments in Columbus, Ohio. Missing payments doesn’t automatically mean you’ve lost your house or the equity in it, but your options can shrink as foreclosure moves forward. If you’re behind, find out what you owe, talk with your lender, and decide whether you…

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How Long Does a Cash Home Sale Take in Columbus Ohio

cash home sale

A cash home sale in Central Ohio usually closes in 10 to 14 days. A financed sale takes 45 to 60 days and can fall apart a week before closing when the buyer’s loan or appraisal comes up short. My name is Marc Van Steyn, founder of EasySell Cash Homebuyers. For more than 20 years…

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