Foreclosures in Ohio typically fall into three categories, each with different rules:
Buying a foreclosed home in Ohio involves navigating a state-mandated judicial process where most sales occur through online public auctions. Because Ohio is a judicial foreclosure state , lenders must file a lawsuit to get a court order for a sale. 1. Choose Your Buying Method how to buy a foreclosed home in ohio
If the home doesn't sell at auction, the bank takes ownership and lists it on the traditional market through sites like Zillow or Realtor.com . 2. Locate and Research Properties Foreclosure FAQs - Ohio Attorney General Dave Yost Foreclosures in Ohio typically fall into three categories,