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Washington county OHIO tax sales help

Posted on: Tue, 01/03/2012 - 20:49
Washington county OHIO tax sales help

im in the midst of looking into getting a couple tax sale properties for my buyers...ill check with buyers here after i get the info for em....but im trying to understand this wording they use mainly....stuff like ....10% down, balance within 30 days cash, c check, m/o, purchaser must have deposit in hand at the sale...does that mean that i have to have the money at the end of the day or is there a 24 hours or do i have to have my buyer there while i bid...????
maybe someone else did a few that has some experience they could share to help a newb at this ???...and yes i have been to one lately...i still dont understand it

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Posted on: Tue, 01/03/2012 - 22:58 #1
bandit1 wrote:im in the

bandit1 wrote:
im in the midst of looking into getting a couple tax sale properties for my buyers...ill check with buyers here after i get the info for em....but im trying to understand this wording they use mainly....stuff like ....10% down, balance within 30 days cash, c check, m/o, purchaser must have deposit in hand at the sale...does that mean that i have to have the money at the end of the day or is there a 24 hours or do i have to have my buyer there while i bid...????
maybe someone else did a few that has some experience they could share to help a newb at this ???...and yes i have been to one lately...i still dont understand it

?????????

__________________

"JACK OF ALL TRADES, MASTER OF NONE!"

Learning to Do, Doing to Learn, Earning to Live, Living to Serve. FFA MOTTO

Ben Franklin's Autobiography free audiobook download-
https://librivox.org/the-autobigraphy-of-benjamin-franklin-ed-by-frank-w...


Posted on: Sun, 02/05/2012 - 08:28 #2
hope this helps

Basically, the bid winner should have enough in cash or certified funds to put at least 10% down, and needs to deposit those funds--after the auction for that property concludes--before the end of the day (see the following links for more info http://codes.ohio.gov/orc/5721.32 , http://www.washingtoncountysheriff.org/sales/sales_index.html).