Is Buying Properties at 40-90% Off Real in Butler County, Ohio?
Invest in Butler County, Ohio, with weekly Tax Deed Sales. Find properties at low prices every Thursday through the Sheriff’s Office auctions.
Renowned for its rich history and as the home of Miami University, investors have the chance to acquire properties at potentially advantageous prices.
How Tax Sale Works in Butler County?
Monitoring Delinquent Taxes:
The process begins with the County Prosecutor’s Office monitoring delinquent tax parcels. A Demand Letter gives property owners 14 days to clear taxes or agree to a Delinquent Tax Contract. Failure to act leads to a Foreclosure Complaint, followed by an Order of Sale if unresolved.
Sheriff’s Sales in Butler County, OH:
The Sheriff’s Office holds weekly tax sales on the Butler County RealAuction website. Bidding starts at the amount of taxes and costs owed. Since properties sell “as is,” you must conduct thorough research beforehand.
Bidding Process:
You can search for upcoming sales and participate in bidding through the Butler County Sheriff’s Office website. You must make a down payment, and if a property doesn’t receive bids on its initial sale day, the auction will bring it up again two weeks later.
Research Thoroughly: Buyers should research the property’s value and check for any additional liens or legal encumbrances since they sell the property ‘as is.’
Know the Law: Understand the legal framework and local regulations in Butler County. This will help you navigate the process smoothly and avoid potential pitfalls.
Prepare Funds: Be ready with the required down payments and understand that the full balance is due within 30 days after the sale confirmation.
Q: How often are tax deed sales held in Butler County?
A: Tax deed sales are held every Thursday.
Q: What is the minimum bid for properties at these sales?
A: The minimum bid is the total amount of taxes and associated costs owed at the time of sale.
Q: Can I inspect the property before the sale?
A: No, properties are sold “as is” without any prior inspection. It’s important to conduct your own research.
Q: How do I participate in the auction?
A: You can participate in the auction by registering on the Butler County RealAuction website and following the bidding procedures listed.
Q: What happens if there are no bids on a property?
A: If no one bids on a property during its initial sale day, the auction will bring it up again two weeks later unless the court orders otherwise.
For further assistance and guidance, you can contact the Butler County Treasurer’s Office or the Sheriff’s Office using the links provided above. Alternatively, BOOK A CALL with us, and let’s create a tailored investment plan for you.
Sign up or log in to view the full content.
Join Us
Learn how to get 18-36% returns on your investment and buy property for as little as $500 with tax lien and tax deeds.
Lien Sales Annually Oct – Nov. Deed Sales Are Held on a Needed Basis and Only on Properties That Were Not Sold at Lien Sale and Were Held by the County for 18 Months
10% Penalty if Redeemed in 1st 6 Months, 15% Penalty if Redeemed in Months 6-12, but Only on the Taxes and Fees Not the Overbid. Overbid Amount Receives 5% Interest.
Redemption Period:
1 Year if Sold at County Sale, Liens Not Sold at County Sale Are Certified to Commissioner and Sold in “Commissioner’s Certificate Sale” With 120 Day Redemption Period
Online Auction:
Yes
Over the Counter:
No but There Is a Second Auction Called a Commissioners Certificate Auction With a Shorter Redemption Period of 120 Days
25% Penalty Per 6 Months for Non Homestead or Special Land Use Properties. If 2 Yr Redemption Period Applies 25% for 1st Year and 50% Penalty for 2nd Year
Redemption Period:
6 Months for Most Properties. 2 Years for Homestead and Special Land Use Properties
Online Auction:
The Vast Majority No, but in 2019, Two Counties (Victoria & Orange)
“Upset Sale” First With Premium Bidding Which Does Not Extinguish Other Liens, Followed by “Judicial Sale” Where All Liens With the Exception of Irs Liens Are Extinguished
Frequency:
Annually Throughout the Year. Upset Sales Typically Held in the Fall. Judicial Sale Typically in the Spring but Could Be Anytime After the Upset Sale.
Interest Rate / Penalty:
N/A
Redemption Period:
N/A
Online Auction:
Very Few
Over the Counter:
Yes Through “Repository” List With County Acceptance
Butler County
Is Buying Properties at 40-90% Off Real in Butler County, Ohio?
Invest in Butler County, Ohio, with weekly Tax Deed Sales. Find properties at low prices every Thursday through the Sheriff’s Office auctions.
Renowned for its rich history and as the home of Miami University, investors have the chance to acquire properties at potentially advantageous prices.
How Tax Sale Works in Butler County?
Monitoring Delinquent Taxes:
The process begins with the County Prosecutor’s Office monitoring delinquent tax parcels. A Demand Letter gives property owners 14 days to clear taxes or agree to a Delinquent Tax Contract. Failure to act leads to a Foreclosure Complaint, followed by an Order of Sale if unresolved.
Sheriff’s Sales in Butler County, OH:
The Sheriff’s Office holds weekly tax sales on the Butler County RealAuction website. Bidding starts at the amount of taxes and costs owed. Since properties sell “as is,” you must conduct thorough research beforehand.
Bidding Process:
You can search for upcoming sales and participate in bidding through the Butler County Sheriff’s Office website. You must make a down payment, and if a property doesn’t receive bids on its initial sale day, the auction will bring it up again two weeks later.
Important Details in Butler County Tax Sales
Pro Tips in Tax Deed Investing
Useful Links
FAQs
Q: How often are tax deed sales held in Butler County?
A: Tax deed sales are held every Thursday.
Q: What is the minimum bid for properties at these sales?
A: The minimum bid is the total amount of taxes and associated costs owed at the time of sale.
Q: Can I inspect the property before the sale?
A: No, properties are sold “as is” without any prior inspection. It’s important to conduct your own research.
Q: How do I participate in the auction?
A: You can participate in the auction by registering on the Butler County RealAuction website and following the bidding procedures listed.
Q: What happens if there are no bids on a property?
A: If no one bids on a property during its initial sale day, the auction will bring it up again two weeks later unless the court orders otherwise.
For further assistance and guidance, you can contact the Butler County Treasurer’s Office or the Sheriff’s Office using the links provided above. Alternatively, BOOK A CALL with us, and let’s create a tailored investment plan for you.
Sign up or log in to view the full content.
Join Us
Learn how to get 18-36% returns on your investment and buy property for as little as $500 with tax lien and tax deeds.