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Wholesaling

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Jim Moody
  • SFR Investor
  • Toledo, OH
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33
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The Truth About Wholesaling In Ohio-Div. Real Estate Lawyers

Jim Moody
  • SFR Investor
  • Toledo, OH
Posted Sep 27 2016, 16:32

Toledo passed the lead dust law law, not to be confused with lead paint. The damage is done and preparations must be made. No one should buy here without truly understanding the implications as the fine is $1500 per month until complied with,

The law takes effect Sept 15 but I have it on good authority the clock will be delayed until Jan 1. It will be critical to try and pass your test on 1st attempt because the certificate will the be good for 6 years verses 3.

IMPORTANT,,,all certificates expire at deed transfer and the new owner has NO GUARATEE of future passing. I have spent 8 hours with authorities and will post updates soon.

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