Foreclosure in 44301>Question Details

Dody_cool, Home Buyer in Akron, OH

were are the auctions held and how do find out dates of the foreclosure

Asked by Dody_cool, Akron, OH Mon Sep 16, 2013

how i could now about the auctions time

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Summit county sheriff sales are held every Friday at 10 am. The foreclosure dates are a matter of court record. That date has nothing to do with the auction date. The sheriff is currently scheduling sales through next February. You can go onto the sheriff's website to search by street or plaintiff name to find out when or if the property is scheduled for sale yet.

Note that there is very little chance that a member of the public can win one of these auctions. The banks send their attorneys who generally outbid anyone. Remember, they are just there to secure the property for resale by the bank. They are not bidding real money, although they must put the required amounts of money up and eventually pay all of the back taxes in order to take title. On very rare occasion, the bank attorney is instructed not to bid and, sometimes, a property doesn't sell at all. It is taking Summit county at least 8 months to record the deeds.

In other words, you must be prepared with your money down and property tax money and wait a very long time to get ownership. If you do not want to be concerned about further deterioration of a vacant property, you need to be prepared to take care of it for a long time before you actually own it. In the meantime, someone could be living there and you may have to evict someone.
0 votes Thank Flag Link Tue Sep 17, 2013
go to the countys sherrifs web site they have that Information
0 votes Thank Flag Link Mon Sep 16, 2013
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