greater than $200,000.00 = Deposit of $10,000
The balance of the purchase price is due and payable upon confirmation of sale. All payments are payable in cash, certified check or money order.
• Any balance of proceeds not paid within 30 days of the confirmation of sale may cause the purchaser to be held in contempt of court and forfeit their deposit. Additional sanctions may be imposed at the court’s discretion.
Real Estate taxes paid from the proceeds of the sale are prorated to the date of sale. Taxes after sale date will become the new deed holder’s responsibility. You may be responsible for some assessments that are not yet part of the tax bill and you will be responsible for any water and/or sewer bills attached to the property.
• The successful bidder must present a Purchaser Information Form along with proper identification at the time their bid is accepted by the officer in charge of the sale. Purchaser Information Forms can be printed off the website section “Sale Forms”. If you are unable to print off the form the Sheriff’s Clerk will have a form for you.
• All property sold at Sheriff’s sale is sold on an “AS IS” basis and there is no warranty or guarantee. The Allen County Sheriff’s Office makes no representations regarding whether utility bills are paid, or whether the property is free of liens.
The Allen County Sheriff’s Office and the appraisers make no representations, assume no responsibility and are not liable, for any condition of the property including any environmental or hazardous conditions that may exist within, under, around or near the subject property. The appraisal may or may not have been an inside inspection of the property.
All Sales Are Classified as “CAVEAT EMPTOR” (buyer beware)
Individuals who are attending a Sheriff’s sale for the first time with the intent to purchase a property are advised to proceed with extreme caution. The law in Ohio relative to real estate is “caveat emptor” which means “buyer beware”. It is expected that all purchasers at the sale have contacted their own real estate attorney and title company prior to the sale.
ENTERING THE PROPERTY WITHOUT THE PERMISSION OF THE OWNER OR OCCUPANTS IS A VIOLATION OF OHIO REVISED CODE SECTION 2911.21, CRIMINAL TRESPASSING, PUNISHABLE UP TO 30 DAYS IN JAIL AND $250.00 FINE.
Note: Property still belongs to the original owner even though the order of sale has been issued from the court. If you purchase a property at sheriff’s sale, and have paid your deposit, it still belongs to the original owner until the Common Pleas Judge has signed the confirmation of sale. This process can take up to 30 days or more. This is hard for people to understand, and can be very risky in terms of money and other concerns. If you have any questions regarding this, you should consult your personal attorney before any real estate purchase from a sheriff sale. We cannot advise you of any legal questions you may have.
The successful bidder for the purchase of the real estate being sold will have approximately 30 days from the date of sale to obtain an examination of title to the real estate at their expense, if they desire one. Should such examination disclose the title to be unmarketable by reason of any defect in the court proceedings or the existence of any outstanding interest rendering the title unmarketable, the purchaser may, within the 30 day period, file a written motion requesting that the sale be set aside. If the court finds that the title is unmarketable, the court will refuse to confirm the sale or fix a reasonable time, not to exceed 90 days, within which the defect of title may be corrected.
Any questions about the utilities should be directed to the company or the municipality that provides the service.
PLAINTIFF REMOTE BIDS:
The Judgment Creditor in the action may submit a remote bid to the Sheriff’s Office via Overnight Delivery, Courier, Email: firstname.lastname@example.org or fax: 419-222-6323, delivered to the Sheriff’s Office Civil Division prior to 3:30 pm the BUSINESS day before the sale.