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Trumbull County
Buy Below-Market Properties at Trumbull County, Ohio
Unlock a unique real estate investment opportunity through Trumbull County, Ohio‘s Tax Foreclosure Sales, conducted by the Sheriff’s Office. Investors can acquire properties below market prices, benefiting from lower initial investments and the potential for significant returns.
Trumbull County Tax Foreclosure Sales
What are Tax Foreclosure Sales?
Tax foreclosure sales in Trumbull County are public auctions where properties with unpaid property taxes are sold to the highest bidder. These sales provide a way for the county to recoup unpaid taxes while offering investors a chance to purchase properties at potentially lower prices.
How They Work
Bids start at two-thirds of the property’s appraised value. You must provide a deposit between $2,000 and $10,000, based on the property’s appraised value. If you win a bid, submit your deposit and paperwork by 2:30 PM on the day of the sale.
Process if the Property Owner Does Not Redeem the Lien
If the property owner fails to redeem the lien, the investor may proceed to obtain a sheriff’s deed. However, access to the property is granted only after the legal confirmation of the sale.
Steps to Start Investing in Trumbull County Tax Foreclosure Sales
Important Details
Pro Tips
Useful Links for Trumbull County Tax Sale
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Learn how to get 18-36% returns on your investment and buy property for as little as $500 with tax lien and tax deeds.