|
Sheriff's Real Estate Sales |
Quick Links
Realauction: Register
Mortgage foreclosure and Tax Lien Sale Auction Site: Properties & Sale Dates
*Online Mortgage Foreclosure and Tax Lien sales are scheduled every Friday and start promptly at 9:00 AM EST.
Treasurer Tax Sales Auction by Sale Date: View Auction by Date
Montgomery County Clerk of Courts: View Case File
********PLEASE NOTE CHANGES TO TAX LIEN SALES********
Effective June 10th, 2022, Montgomery County Sheriff’s Office will conduct Tax Lien Sales along with the Mortgage Foreclosure Sales on the “Official Foreclosure Auction Site” every Friday and start promptly at 9:00 AM Eastern Time (EST).
Effective January 7th, 2022, the Montgomery County Sheriff's Office will conduct the sale of all real estate subject to foreclosure online through the "Official foreclosure Auction Site" operated by Realauction. This new process is in accordance with the contract between Realauction and the Ohio Department of Administrative Services.
For detailed information on electronic foreclosure sales and bidder training please contact Realauction at (877) 361-7325, customerservice@realauction.com or https://www.realauction.com. Our electronic foreclosure auction web address is https://montgomery.sheriffsaleauction.ohio.gov which will be active and available for registration December 7th, 2021. Please note that it is the responsibility of any prospective bidder to familiarize themselves with the new procedures.
NOTE: In-person auction will continue to be held for all Treasurer Tax Sales until further notice. The auction will occur at 10 AM EST, the first Thursday of every month at The Montgomery County Administration building 451 W. Third St. Dayton, Ohio, 45422, lower level auditorium.
***Realauction Notice***All sales will be advertised in the Dayton Daily News for a minimum of three consecutive weeks prior to sale. The Sheriff's Office does not mail out or provide any list of properties or other information about purchasing a foreclosed property.
The purchaser receives property "as is," caveat emptor (let the buyer beware). The Sheriff's Office does not maintain keys to foreclosed properties, and the properties are not open for interior inspection. It is the purchaser's responsibility to check the property for back taxes, delinquent utility bills, liens, or any additional cost associated with the property.
MORTGAGE FORECLOSURE
Mortgage Foreclosure sales are scheduled every Friday and start promptly at 9:00 AM Eastern Time (EST). An auction will take place for each listed property; however, the system will only sell one property at a time. After a property sells, the next scheduled property sale will begin.
Opening bid is 2/3 of the appraised property value, and the minimum bidding increment is $100.00. Mortgage foreclosure bidders must submit a required deposit for each property prior to the sale. The deposit requirement is based on the appraised property value.
If appraised property value is ≤ $10,000, the deposit = $2,000
If appraised property value is > $10,000 but ≤ $200,000, the deposit = $5,000
If appraised property value is > $200,000, the deposit = $10,000.
TAX LIEN SALES
Tax Lien Sales sales are scheduled every Friday and start promptly at 9:00 AM Eastern Time (EST). An auction will take place for each listed property; however, the system will only sell one property at a time. After a property sells, the next scheduled property sale will begin.
Tax Lien sale bidders must submit a required deposit for each property prior to the sale. The deposit requirement is $1,000 PLUS transfer and recording fees ($42.50 plus .50 for each additional parcel).
Bidders must make a full deposit by the predefined deadline. The only acceptable forms of deposits are bank wire transfers or ACH payments. Realauction will not accept Cash deposits.
All Wire Deposits must be received by 5 PM EST two (2) business days before the auction sale date.
All ACH Deposits must be initiated by 4 PM EST five (5) business days before the auction sale date.
It is the responsibility of the bidder to allow enough time for their bidding deposits to be received and processed within the timeframes described above.
FINAL PAYMENT
The unpaid balance of the purchase price must be paid to the Montgomery County Sheriff by certified or cashier's check within thirty (30) days from the filing of the confirmation entry for Mortgage foreclosures sales and fifteen (15) days of the filing of the confirmation entry for Tax Lien sales. Purchasers failing to provide the balance due within those 30 days for mortgage foreclosure sales or 15 days for tax lien sales are at risk of initiating contempt proceedings and forfeiting the deposit. The plaintiffs' attorney will prepare the confirmation entry and the deed. The Montgomery County Sheriff's Office will transfer and record all deeds within 14 days of receiving the deed, confirmation entry, and final payment.
Purchaser may take ownership once the deed has been transferred and recorded. If the property is occupied, the purchaser must file a Writ of Possession (eviction) through the Clerk of Courts to have occupants forcibly removed.
TREASURER’S TAX SALES
NOTE: In-person auction will continue to be held for all Treasurer Tax Sales until further notice. The auction will occur at 10 AM EST, the first Thursday of every month at The Montgomery County Administration building 451 W. Third St. Dayton, Ohio, 45422, lower level auditorium.
The successful bidder must deposit $1,000.00 PLUS TRANSFER AND RECORDING FEES immediately following the sale.
We will accept cash, certified check, or a personal check (must be drawn from a local bank) with proper ID and signed in our presence for the deposit.
FINAL PAYMENT
The unpaid balance of the purchase price must be paid to the Montgomery County Sheriff by certified or cashier's check within fifteen (15) days from the filing of the confirmation entry. The plaintiffs' attorney will prepare the confirmation entry and the deed. The Montgomery County Sheriff's Office will transfer and record all deeds within 14 days of receiving the deed, confirmation entry, and final payment.
Purchaser may take ownership once the deed has been transferred and recorded. If the property is occupied, the purchaser must file a Writ of Possession (eviction) through the Clerk of Courts to have occupants forcibly removed.