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Terms of Sales
Effective January 2009
There shall be no waiver of Deposit for any Sheriff Sale.
All successful bidders at the Sheriff's sale will be required to pay, at the time of sale:
- Recorder's Fee: $36 for first three (3) pages
- Sheriff's Recording Fee: $75
- Auditor's Conveyance Fee (purchase price x .4% + $0.50 per parcel)
NOTE: As of November 5, 2012, the time of the Foreclosure Sales will be moved to 9:00am
Foreclosure sales are conducted every Monday at 8:30 a.m., unless Monday is a holiday then the sale will be conducted on Tuesday morning at 8:30 a.m. The sales are held in at 9300 Quincy Avenue, Cleveland, OH.
A Deposit of 10% of the successful bid must be made immediately at the time of sale of that parcel of property. If the property sells for three thousand dollars ($3,000.00) or less the minimum amount of the deposit is three hundred dollars ($300.00) and maximum amount of deposit in any case shall be ten thousand dollars ($10,000.00). Deposits are only accepted in cash, bank money order, or certified check made payable to Cuyahoga County Sheriff. Please note that personal checks, company checks, letters of credit, or charge cards will not be accepted. If the deposit is not made immediately at the time of sale, the Sheriff shall disregard the bid, and shall immediately reoffer the property for sale. Please have your drivers license or Ohio Identification ready. If the balance of the purchase is paid within eight (8) calendar days on Bank foreclosures or fifteen (15) calendar days on tax delinquent, no interest accrues, otherwise the balance due will bear interest at the rate of 10% per annum from the date of sale to the date the balance is paid to the Sheriff's Office. If the balance is not paid within thirty (30) days, the purchase shall be in contempt of court and a citation shall be issued.
The Sheriff's Office Civil Division is now responsible for recording the deed prior to pickup
The Sheriff's Office Civil Division does not have access keys to the properties.
For additional foreclosure information, please contact the Docket Division of the Cuyahoga County Clerks Office located on the 1st floor of the Justice Center. You will need the case number of the property for reference. Floor clerks will assist you in finding the book, volume and page number. Information may also be obtained with the Building Card Department, located on the 3rd floor in the County Administration Building, 1219 Ontario Street, Cleveland, Ohio 44113. You will need the parcel number and/or the address of the property. Any member of the public may request a copy of the building card. Please note that a fee will be charged for the request.
Withdrawn properties will be announced before the Sheriff Sale.
It is requested that all persons wanting to bid on property be aware that all hand bids and hand signals will not be permitted. Those bidding will be required to call out their bid in a loud voice so that the auctioneer and all in the room may hear the bid. If the auctioneer does not hear the bid he/she will not recognize it. Once the gavel goes down the property is considered sold.
It is the responsibility of the prospective purchaser to check into the properties for back taxes, delinquent utility bills, liens, and/or any additional costs.
Real estate taxes, that is taxes, assessments, penalties and interest, apportioned prorate to confirmation of sale, shall be paid from the proceeds of sale, along with the real estate taxes, assessments, penalties and interest the lien for which attached for a prior year but that have not been paid on or before the date of confirmation. The Treasurer shall estimate the apportionment, subject to Ohio Revised Code 323.47.
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.
Recent changes in legislation may require a purchaser to obtain a survey prior to recording a deed. (See Ohio Revised code Section 315.251). The cost of a survey shall be the purchaser's expense. If you have any questions relative to the new legislation, it is strongly recommended that you contact your real estate attorney and your title company prior to purchasing the property. Please be informed the legal notices of foreclosure and tax delinquent property are published four (4) weeks in advance prior to the sale in the Saturdays edition in The Daily Legal News.
Please contact The Daily Legal News at (216) 696-3322 for subscription information.