Exploring Investment Opportunities in Delaware County, Ohio’s Real Estate
Delaware County, Ohio, known for its affluence, presents a unique opportunity for those interested in tax deed and lien investing. Here’s how you can make a smart investment in this high-potential area.
Understanding Delaware County’s Tax Sale Process
Delaware County provides two key options for real estate investment: tax lien certificates and tax deed sales. Here’s what you need to know about both.
Tax Lien Certificates
Unlike other counties, Delaware County does not sell tax lien certificates to individual investors. Instead, the county sells these certificates exclusively to an external vendor through a negotiated contract.
Tax Deed Sales
The Delaware County Tax Deed Sales take place every Wednesday at 10:00 AM in the first-floor lobby of the Hayes Services Building (145 N. Union St, Delaware, Ohio 43015). Bidders must come prepared with a minimum bid of two-thirds of the appraised property value, along with a deposit in cash or certified check.
Detailed Property Information
For comprehensive details about properties, visit the Recorder’s Office Website. Enter the property’s Volume and Page number to access its legal description.
Key Details About Delaware County Tax Sales
Detail | Information |
---|---|
Tax Sale Type | Real Estate Tax Sale / Deed Sale |
Typical Sale Date | Every Wednesday at 10:00 AM |
Bid Procedure | A minimum bid of 2/3 of the appraised value |
Deposit | Cash or certified check at the time of sale |
Redemption Period | Not applicable for tax deeds |
Interest Rate | Not applicable for tax deeds |
Contact | Delaware County Sheriff’s Office (740) 833-2868 |
Pro Tips for Successful Bidding
- Stay Informed: Check the Delaware Gazette regularly for terms and property description updates. The paper publishes on Wednesdays and Saturdays.
- Legal Descriptions: Obtain legal descriptions from the Recorder’s Office Website using the property’s Volume and Page number.
- Preparation: Fill out your Purchaser Information Form legibly to avoid delays.
- Professional Advice: Consult with an attorney for detailed property and legal advice (Treasurer) (Sheriff).
Interesting Facts About Delaware County
- It is one of the wealthiest counties in Ohio and the U.S.
- It was listed as the 35th wealthiest county in the United States in 2020.
- Home to the Columbus Zoo and Aquarium, it is a vibrant community with strong real estate potential.
Delaware County Tax Sale FAQs
Can I inspect the property before buying?
- No, the Sheriff’s Office does not provide access to the interior of properties before the sale. You are advised to check the property externally as much as possible.
What happens to the existing liens on the property?
- The Sheriff’s Office does not guarantee a property free of liens. Buyers are responsible for checking with the County Recorder and County Clerk’s offices for possible liens.
What are the payment requirements at the auction?
- A deposit in cash or certified check is required at the time of sale, with the balance due within 30 days of confirmation.
Useful Links for Delaware County, Ohio Tax Sales
- County Sheriff’s Office: Sheriff’s Sales
- County Tax Sale Information: County Treasurer
- Auction Site: First-floor lobby area of the Hayes Services Building, Delaware, Ohio
- County Recorder’s Office
If you need further assistance or have questions about tax lien and deed investing, feel free to BOOK A CALL with us. Happy investing!
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