How fast can Byrd and Co close on an Ohio property?

Byrd and Co typically closes Ohio transactions within 7 to 14 days when the title is clear. Ohio closings are handled through title companies, and the Byrd and Co team coordinates directly with a local Ohio title company. If there are title complications such as liens, estate issues, or unpaid property taxes, the timeline may extend but Byrd and Co handles the resolution.

Who pays the conveyance fee when selling to Byrd and Co in Ohio?

Byrd and Co covers all closing costs including Ohio's conveyance fee. In most Ohio counties the conveyance fee is $4 per $1,000 of the sale price, which is typically the seller's responsibility in a traditional sale. On a $250,000 home that is $1,000 in conveyance fees. When selling to Byrd and Co, the company absorbs the entire fee plus all other closing costs. The cash offer presented is the net amount the seller receives.

Can Byrd and Co buy my Ohio house if it is in foreclosure?

Yes. Ohio foreclosures are exclusively judicial. The lender files a complaint with the county court and the homeowner has 28 days to file an answer. If no answer is filed, the court can issue a default judgment and the property moves toward a sheriff's sale. The full process typically takes six months to a year. Byrd and Co can purchase the property at any point before the sheriff's sale is completed.

Does Byrd and Co buy houses across all of Ohio or just major cities?

Byrd and Co buys properties across Ohio, not just in Columbus, Cincinnati, and Cleveland. The company regularly purchases homes in Dayton, Toledo, Akron, Youngstown, Canton, Springfield, Lakewood, Stow, and smaller communities. Byrd and Co also buys in rural Ohio counties where traditional buyers are harder to find. Homeowners can call (410) 855-1722 to confirm coverage in their area.

Are Ohio property taxes a problem when selling to Byrd and Co?

No. Ohio property taxes are prorated at closing so the seller only pays for the portion of the year they owned the home. If the seller is behind on property taxes, Byrd and Co can often cover the delinquent amount as part of the closing. Ohio counties conduct tax lien certificate sales on delinquent properties, and selling to Byrd and Co before that process starts protects the homeowner from losing the property.

Ryan Byrd

It’s Not Wildfire: Why Colorado Insurance Premiums Doubled (And What It Means If You’re Selling)

Colorado homeowners insurance premiums have roughly doubled since 2018 because of hail, not wildfire, according to the state’s own Division of Insurance. Hail now accounts for 26% to 54% of the average Colorado homeowner’s premium depending on the county, while wildfire contributes far less almost everywhere except mountain communities. For sellers, that means a home that once had an affordable insurance quote may now be much harder for a buyer to insure at a price they can afford.

How Much Have Colorado Premiums Actually Gone Up?
Is It Wildfire or Hail Driving the Increase?
How Does This Compare to the Rest of the Country?
Why Does This Matter If You’re Selling Your Home?
What Is Colorado Doing About It?
Should You Wait for Rates to Come Down Before Selling?
FAQ

How Much Have Colorado Premiums Actually Gone Up?

According to a joint announcement from Governor Jared Polis and the Colorado Division of Insurance, homeowners insurance rates nationally rose an average of 58% between 2018 and 2024, while Colorado’s rates rose 100% over that same period, nearly double the national pace.

That’s not a typo. Colorado homeowners have watched their premiums roughly double in six years, and the state’s own regulators are the ones confirming the number.

Is It Wildfire or Hail Driving the Increase?

Most homeowners assume wildfire is the main driver, given how much coverage disasters like the Marshall Fire have received. The data says otherwise.

The Colorado Division of Insurance surveyed 20 homeowners insurance carriers, representing 80% of the state’s market, and found that hail accounts for an average of 26% to 54% of a homeowner’s total premium, depending on the county. Along the Front Range and into the Eastern Plains, hail alone makes up roughly 50% of what homeowners pay every year.

Wildfire, by comparison, accounts for just 0.9% to 24.6% of premiums depending on the county, and in Denver specifically, wildfire risk represents only about 1% of the average premium. Even homes in low-hail areas like Summit County still see hail account for over a third of their premium, since insurers spread hail losses across the entire state rather than pricing it purely by local risk.

How Does This Compare to the Rest of the Country?

Colorado’s 100% increase since 2018 outpaces the 58% national average by a wide margin, according to the same state data. That puts Colorado among the more expensive states in the country for homeowners insurance, and the increase shows no sign of reversing on its own.

For sellers, this isn’t just a Colorado talking point. It’s a preview of what’s happening in other hail- and storm-exposed states too, but Colorado’s numbers are especially well documented because the state itself did the research.

Why Does This Matter If You’re Selling Your Home?

A buyer’s mortgage approval depends on more than just the loan itself. Lenders factor in property taxes and homeowners insurance when calculating what a buyer can actually afford each month. If insurance on your home has jumped by hundreds of dollars a year, that can push a buyer’s monthly payment past what their lender will approve — even if the sale price hasn’t changed at all.

This is especially true for older homes with aging roofs, since roof age and condition are among the biggest factors insurers use to price hail risk. A 20-year-old roof might make it harder for a buyer to get an affordable quote, even if the rest of the home is in great shape.

Sellers in high-hail counties along the Front Range and Eastern Plains are the most likely to feel this. If your buyer’s financing falls through over an insurance quote they didn’t expect, that’s lost time, a lost buyer, and a home that goes back on the market looking less desirable.

What Is Colorado Doing About It?

Governor Polis announced a Roadmap to Reduce Homeowners Insurance in partnership with the Division of Insurance, aiming to cut the average Colorado premium by roughly $800 per year through roof fortification incentives and updated wildfire risk modeling requirements.

The state also passed Senate Bill 26-155, creating the Strengthen Colorado Homes Enterprise, a grant program to help homeowners fortify their roofs against hail damage. These programs are still being rolled out, so relief for most homeowners is still months or years away — not something sellers can count on for a deal closing this year.

Should You Wait for Rates to Come Down Before Selling?

Given that state-level fixes are still in early stages and premiums have shown no sign of dropping on their own, waiting for insurance costs to improve before selling isn’t a reliable strategy. If your home is in a high-hail area or has an older roof, a buyer today is going to face the same insurance math a buyer next year will likely face too.

Selling for cash removes this problem entirely, since a cash buyer isn’t relying on a lender’s debt-to-income calculation that includes a monthly insurance estimate. That can matter a lot if your home’s insurability has become a sticking point with financed buyers.

Wondering How Rising Insurance Costs Might Be Affecting Your Home’s Saleability?

Byrd and Co buys houses as-is across Colorado and 11 other states — no financing contingencies, no insurance-quote surprises to worry about.

Get Your Cash Offer → | Call (443) 251-3479

Frequently Asked Questions About Colorado Insurance and Selling

Why did my Colorado homeowners insurance go up so much if I’ve never filed a claim? Insurers price hail risk on a regional basis, not just individual claims history, so even homeowners who never file a claim are paying more because the insurer’s overall exposure to hail losses has grown statewide.

Is wildfire really not the main reason my premium went up? Correct, according to the state’s own Division of Insurance data. Wildfire accounts for less than 25% of premiums even in the highest-risk counties, and about 1% in Denver specifically. Hail is the dominant statewide cost driver.

Will Colorado’s new roof grant program lower my premium right away? Not immediately. The Strengthen Colorado Homes Enterprise created by Senate Bill 26-155 is still being set up, so most homeowners won’t see direct relief from it in the short term.

Can rising insurance costs really stop a home sale from closing? Yes. If a buyer’s estimated monthly payment, including insurance, exceeds what their lender allows for their income, the buyer may not qualify for financing even with an accepted offer, which can delay or kill a deal.

Does selling for cash avoid the insurance financing problem entirely? Yes. A cash buyer isn’t subject to a lender’s debt-to-income requirements, so a home’s rising insurance cost doesn’t affect whether the deal can close.