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Real Estate Sale Information
Putnam County Sheriff’s Office
1035 Heritage Trail
Ottawa, OH 45875
Telephone: (419) 523-3208
Fax: (419) 523-6851
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Email Address: |
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The Sheriff’s Sales Section is charged with the responsibility
of: |
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• Real Estate Foreclosure and Tax Sales |
The Sheriff’s Sale Section is charged with the responsibility of appraising,
advertising and selling foreclosure properties. This sale can be court ordered
for either a bank foreclosure or a tax delinquency. After the sale, if
necessary, this section will also enforce a Writ of Possession.
Sheriff's Foreclosure and Tax Sales are normally held at the Putnam County Court House, 245 E. Main Street, Ottawa, Ohio on the first floor at the east door of the courthouse. The sales begin promptly at 10:00 am on Mondays.
Sales are normally advertised in the legal section of the classified ads in the Putnam County Sentinel (http://www.putnamsentinel.com). The ads run once per week for a minimum of three consecutive weeks prior to the date of sale.
The Sheriff’s Office does not mail a list of properties or information about purchasing foreclosed property.
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The property is
NOT available for tour or
inspection. The buyer gets the property “as is,” caveat emptor (let
the buyer beware). The Sheriff’s Office does
NOT have
information on liens or taxes. |
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Please contact the Putnam
County Offices website at
http://www.putnamcountyohio.gov · Property description can be found on the Putnam County Auditors site · Real estate tax information can be found by phoning the Putnam County Treasurer’s Office |
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Terms of Sale
• An initial deposit of 10% of the appraised value is due at the time
that the officer in charge of the sale accepts the bid. The balance of the
amount bid is due and payable upon confirmation of sale. All payments are
payable in certified check or bank money order only. NO PERSONAL CHECKS,
COMPANY CHECKS, LETTERS OF CREDIT, CREDIT CARDS OR DEBIT CARDS ACCEPTED.
• Any balance of proceeds not paid within 30 days of the confirmation of sale
will cause the purchaser to be held in contempt of court and forfeit the
deposit. Additional sanctions may be placed at the court's discretion.
• The Real Estate taxes, which shall be paid from the proceeds of the sale of
the subject real property, will be paid til sale date and pro-rated 30 days
after sale date..
Notice is given that such taxes and special assessments, or installments of
special assessments, and any other assessments, which are not legally due and
payable according to the law at the date of sale shall remain a first
and best lien on the parcels and the purchaser shall take such premises subject
to all such taxes and assessments. Federal liens may not be extinguished by this
sale. Any delinquent water and sewer bills may be the responsibility of the
purchaser.
• The successful bidder must present a Purchaser
Information Form along with
proper identification at the time their bid is accepted by the officer in charge
of the sale.
• All property sold at Sheriff’s sale is sold on an “AS
IS” basis and
there is no
warranty or guarantee. The Putnam County Sheriff’s Office is not responsible
to
determine and makes no representations regarding whether utility bills, such as
water, gas, electric, sewer, etc. are paid or whether the property is free of
liens.
The Putnam County Sheriff’s Office and the appraisers make no representations,
assume no responsibility and are not liable, for any condition of the property
including any environmental or hazardous conditions that may exist within,
under, around or near the subject property. The appraisal may or may not have
been an inside inspection of the property.
All Sales
Are Classified as“CAVEAT EMPTOR” (buyer beware)
Individuals who are attending a Sheriff’s sale for the first time with the
intent to purchase a property are advised top 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.
ENTERING THE
PROPERTY WITHOUT THE PERMISSION OF THE OWNER OR OCCUPANTS IS A VIOLATION OF OHIO
REVISED CODE SECTION
2911.21, CRIMINAL
TRESPASSING, PUNISHABLE UP TO 30
DAYS IN JAIL AND $250.OO
FINE.
Note: Property still belongs to the original owner even though the order of sale
has been issued from the court. If you purchase a property at sheriff's sale,
and have paid your deposit, it still belongs to the original owner until the
Common Pleas Judge has signed the confirmation of sale. This process can take up
to 30 days or more. This is hard for people to understand, and can be very risky
in terms of money and other concerns. If you have any questions regarding this,
you should consult your personal attorney before any real estate purchase from a
sheriff sale. We cannot advise you of any legal questions you may have.
The successful bidder for the purchase of the real estate being sold will have approximately 30 days from the date of sale to obtain an examination of title to the real estate at their expense, if they desire one. Should such examination disclose the title to be unmarketable by reason of any defect in the court proceedings or the existence of any outstanding interest rendering the title unmarketable, the purchaser may, within the 30 day period, file a written motion requesting that the sale be set aside. If the court finds that the title is unmarketable, the court will refuse to confirm the sale or fix a reasonable time, not to exceed 90 days, within which the defect of title may be corrected.
Any questions about the utilities should be directed to the company or the municipality that provides the service.