Ohio has a first-time home buyer program, which offers first time buyers 30-year fixed interest mortgage loans at competitive interest rates. To qualify, buyers must meet all the requirements of the Ohio Housing Finance Agency. Qualifying properties include single family homes, condominiums, duplexes, manufactured homes that are permanently affixed, and properties with up to 4 individual units.
Under Ohio's Residential Disclosure Law, the seller is required to fully disclose information about the condition of the home to prospective buyers. However, buyers are advised to get an independent inspection of the property and not rely solely on the seller's disclosure, as there may be conditions present that the seller is unaware of.