An Ohio law taking effect today speeds up the process for foreclosing on vacant and abandoned properties. The legislation establishes a fast-track system that trims the foreclosure process from two years or more to as little as six months. Backers say the law protects property-owner rights by requiring at least three of 11 listed factors like broken windows, disconnected utilities and vandalism be present before foreclosure can begin.
New State Foreclosure Law Now In Effect
