Every once in a while Ohio has a Auditor/Treasure Sales. I have bought property before in other county with no leins. This County is the only county we no of in Ohio that the leins come with the property. They sale the property for back property taxes. The former owner told the bank/lienholder that he did not have the money to pay the taxes and the bank/lienholder still didn't pay them.
My question is do you know if I need to prove that the bank/lienholder was notified of the sale or was the listing in the paper and to the former owner enough?
The lien is not in my name it is in former owner name and am I going to have to pay the former owner loan?
If I don't pay do you think the bank/lienholder will still foreclose? If so how long will it take for them to foreclose?
1. No I have the Deed.
2. I spoke to a Re Attorney he is checking into it. However I just have not got any answers.
I paid 6,400 hundred worth 148,000 thousand. I will still make a profit if I sell it
However, I was under the impression it come free of all liens.
The first list they had the Ohio Revised code that Says " After the filing of any right, title, otr interes in, or lien upon, any parcel shall be forever barred and foreclosed of any such right title, ot interest in, lien upon, and any equilty of redemption in such parcel." This code was also posted in the Newspaper.
However the second list says something completely different. It say this Ohio revised code 5721.191 (B) "Public notice is hereby given that each parcel to be sold at public auction will be sold subject to all liens, and encumbrances with respect to taxes, assessment, charges, penalties, and interest for which the lien was foreclosed and in satisfaction of which the property is sold."
It sounds to like these say two different things.
