![]() ![]() If the judgement creditor is the purchaser at the sale of residential property, a sale deposit is not necessary. seven business days before the Wednesday auction. ACH debit deposits must be received by 4 p.m.two business days before the Wednesday auction. ![]() ![]() Wire transfer deposits must be received by 5 p.m.Minimum deposits (set by law at $2,000, $5,000 and $10,000 depending on the appraised value of the property) must be sent to Realauction prior to bidding.Only one property will be sold at a time after a property is sold, the next scheduled property sale will begin. Online auctions begin each Wednesday at 10 a.m. (This is generally known as a proxy bid.) Properties will be open for bid at least seven days immediately prior to the date of sale. This registration will include the completion of the Purchaser Information form. Prospective bidders should familiarize the processes and procedures under which these sales will be completed.Īny person who would like to bid on a property offered by the Lucas County Sheriff’s Office must register with Realauction. 16, 2020, the Lucas County Sheriff’s Office began conducting the sale of real estate subject to foreclosure on the public sheriff’s sale website, which is operated by Realauction through a contract with the Ohio Department of Administrative Services. This commercial fee may be increased upon review and recommendation of the Sheriff’s Office and the approval of the judge hearing the case. The appraisal fee for commercial properties in foreclosure is $750 per appraiser per case. The appraisal fee for residential properties in foreclosure is $50 per appraiser per case. You also can look up current sales, review sale results and print off current sale lists.įoreclosure Case Management System Appraisal Fees Visit the sheriff’s Foreclosure Case Management System to view all information on the docket and follow the progress of a foreclosure case. at the Lucas County Courthouse at 700 Adams Street in Toledo, Ohio. Tax foreclosure sales take place Thursdays at 10 a.m. Follow this link for Key Points About Online Auctions. Mortgage foreclosure sales happen online on the Official Public Sheriff's Sale Website which is operated by Realauction online Wednesdays at 10 am. This verification does not “hold” or “charge” the amount, it simply validates the amount to help maintain the integrity of our auctions and ensure the process is fair and equitable to each participating bidder.Where and When do Sheriff’s Sales Take Place? This quick and easy process validates the deposit amount on each bidders credit card prior to placing the first bid on an auction. is authorized to hold open houses on vacant properties and issues deeds to auction winners immediately after payment is received.Ĭredit card pre-authorization is enabled on our auctions. These properties are also authorized for listing in online auctions and, unlike the county sheriff’s auction, can pay a commission to Realtors who participate in our auctions. We are authorized to list the properties with our real estate brokerage allowing the properties to be listed in the MLS and online with cooperating real estate firms and other websites such as Zillow, Trulia,, , and many others. PSO’s are real estate professionals and hold both an Ohio real estate license and auctioneers license. The days of combing through the county’s legal newspaper each week and attending live auctions are in the past. An Ohio Private Selling Officer, also known as a PSO, is an appointed officer of the court who is ordered to sell foreclosed real property for the court in a judicial sale instead of the county sheriff.
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