Does the mediator need to be an attorney or have a background in finance or real estate?
The Supreme Court of Ohio recommends that foreclosure mediation programs utilize the facilitative style of mediation where the mediator guides the parties through a party self-determination process to assist them in reaching a mutually acceptable agreement to resolve the foreclosure. In the session, the mediator is a neutral third party; not an advocate for either party. Therefore, they need not have expertise in the area in which they are mediating. However, it is important to check with your local court to determine what qualifications they require of their mediators.