Auditor's Sales will be held sooner if there are 30 or more parcels ready to advertise.
Otherwise, sales will be held in May and October, if new parcels
are available to be offered for sale.
“Every tract of land foreclosed upon for delinquent taxes or a tax lien that has been properly offered for sale on two separate occasions, not less than two weeks apart and not sold shall be forfeited to the state and the County Auditor will offer it for sale to the highest bidder.”
Revised Code Section 5723
Parcels are first offered for the lesser of the Auditor’s Fair Market Value or the total of all costs, taxes and charges. If any of the parcels fail to sell at this minimum bid, they are offered again in a second sale immediately following for the best possible bid. No person delinquent on real property taxes in the State of Ohio
may purchase a property at an Auditor’s Sale.
Also, the owner of record or a member of their immediate family prior to the judgment of foreclosure or forfeiture may not purchase the property for less than the total amount of taxes, assessments, penalties, interest and costs.
Any taxes, charges or costs not covered by the sale will be remitted and all liens are eliminated except for the real estate taxes covered by the sale. If there is a Federal lien, the Federal Government has “Right of Redemption” and may re-take the property for 1 year after the original foreclosure was filed. The buyer will receive only the amount he paid at the Auditor’s sale and no more regardless of improvements done after the purchase.
Manufactured homes are treated in the same manner, and will be sold separately. No land goes with manufactured home sales.