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Updated almost 4 years ago on . Most recent reply

Gary Dezoysa's profile image
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Gary Dezoysa
  • from Orlando, FL
  • Member since Sep 9, 2011
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Gary Dezoysa
  • from Orlando, FL
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Gary Dezoysa
  • Orlando, FL
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Toledo Real Estate Forum

Toledo probate questions

Gary Dezoysa
  • Orlando, FL
Posted

Hi guys,

I've read some Ohio jurisdictions won't accept less than 80%, or even 100% of appraised value during a probate sale. Does this apply to Toledo?

It sounds like Ohio is a confirmation state then. Or are there any "bypass clauses" that allow skipping the court confirmation/auction phase to help lock in a better deal?

Toledo, Ohio
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Stephen Brown
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  • from Huntsville, AL
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Stephen Brown
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  • from Huntsville, AL
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Stephen Brown
  • Real Estate Broker
  • Huntsville, AL
Replied

Hello Gary. I'm not 100% sure on this but I believe the answer is no for bypass clauses. Here is our county's website which should have the answer for you. http://www.lucas-co-probate-ct...

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