Discover Great Deals at Ashtabula County, Ohio Tax Deed Sales

Looking for a smart way to invest in real estate? Ashtabula County, Ohio, offers fantastic opportunities to purchase properties at tax deed sales, often for a fraction of their market value. Let’s dive into the details and help you get started.

What Are Tax Deed Sales?

In Ashtabula County, tax deed sales are public auctions where properties with unpaid taxes are sold to the highest bidder. Unlike tax lien sales, the winning bidder at a tax deed sale receives ownership of the property, subject to any other liens or encumbrances.

Why Invest in Tax Deed Sales?

• High Returns: You can acquire properties at a much lower cost than market value.
• Low Entry Cost: Starting bids are often based on unpaid taxes and court costs.
• Immediate Ownership: Winning the bid can give you full ownership of the property, although additional steps like obtaining a Writ of Possession might be necessary if the property is occupied.

Important Details in Ashtabula County Tax Sale

Here’s a quick rundown of essential information for Ashtabula County’s tax deed sales:

Detail	Description
Sale Type	Tax Foreclosure Sale / Tax Deed
Typical Sale Date	First Monday of every month
Bid Procedure	Premium Bid (bids start at 2/3 of the appraised value)
Payment	Full payment by 3 p.m. on the day of the sale via cashier’s check
Possession	May require a Writ of Possession if the property is occupied
Contact	Sheriff’s Office, Ashtabula County, OH
Auction Site	Ashtabula Sheriff Sale Auction
County Website	Ashtabula County Official Website

How to Get Started?

1. Research Local Laws: Understand the legal framework for tax deed sales in Ohio and Ashtabula County specifically.
2. Visit the Treasurer’s Office Website: Find tax sale information and guidelines.
3. Check the Auction Site: Register and view upcoming sales on Real Auction.
4. Read Sale Details: Pay attention to sale schedules, parcel details, and payment requirements.
5. Contact the County Office: Reach out for any specific questions or clarifications.

Pro Tips

• Do Your Homework: Always research the property thoroughly before bidding. Check for any additional liens or encumbrances.
• Attend a Sale First: If you’re new to tax deed sales, consider attending one to understand the process better.
• Prepare for Delays: Property transfer can take up to 90 days, so patience is crucial.

Useful Links

• Ashtabula County Sheriff Sales: Sheriff Sales Information
• County Auction Site: Ashtabula Sheriff Sale Auction
• County Website: Ashtabula County Official Website
• Tax Sale Guidelines: Tax Sale Guidelines PDF

Investing in tax deed sales can be a profitable venture if done correctly. By following these steps and tips, you can take advantage of the opportunities available in Ashtabula County, Ohio.

Frequently Asked Questions

Q: What happens if the property is occupied after I purchase it?

A: You may need to file for a Writ of Possession to remove occupants from the property legally​​.

Q: How are the starting bids determined?

A: Starting bids typically begin at 2/3 of the property’s appraised value unless otherwise directed by court order​.

Q: Can I inspect the property before the auction?

A: Generally, properties are sold “as-is,” and inspections are not typically allowed before the sale. It’s crucial to research as much as possible beforehand.

Need a Hand? 

If you need assistance or guidance with tax lien investing, feel free to reach out for support. Engaging with experienced investors and utilizing online resources can help you navigate this investment opportunity successfully.

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