Budget-Friendly Property Deals in Richland County, Ohio’s Tax Deed Sale!

In today’s economy, finding alternative methods to purchase property well below market rates is a necessity. That’s why tax deed sales are great, offering a chance to buy real estate at significant discounts, often with cleared debts or liens.

Richland County, Ohio, known for its fertile soil and robust community with a population of around 124,000, offers more than just scenic beauty. Unlock the possibility of buying cheap properties at the County’s ‘Tax Foreclosure Sales’.

Understanding Tax Deed Sales

Richland County holds tax deed sales on Fridays, excluding holidays. The Shelby Daily Globe publishes legal ads for upcoming sales three weeks ahead. Investors have time to prepare with this transparency. No pre-deposits are required, but you must pay the full winning bid at the sale. The Court sets the starting bid price, which reflects the actual taxes owed, using the Premium Bid Method.

Richland County Tax Sale Important Details

Detail	Information
Tax Sale Type	Tax Foreclosure Sale / Tax Deed
Typical Date of Sale	Friday mornings, excluding holidays
Bid Procedure	Premium Bid Method
Starting Bid Price	Amount owed in taxes
Deposit	No pre-deposit required
Full Payment	Required at the time of sale
Auction Location	Richland County Sheriff’s Office Training Room, 597 Park Ave E, Mansfield, Ohio
County Website	Richland County Ohio
Sheriff’s Office	Richland County Sheriff’s Office
Auction Info	Sheriff Sales

Pro Tips for Investors in Richland County Tax Sale

• Do Your Homework: Visit the county’s website for detailed information on properties and sale schedules.
• Attend a Sale: Even if you don’t plan to bid, attending a sale can provide valuable insights.
• Check Property Conditions: Make sure to inspect the property or have a professional do it before bidding.
• Understand the Legalities: Familiarize yourself with local laws and regulations to avoid any surprises.

Frequently Asked Questions

1. What happens if the property does not sell in the Richland County Tax Sale?
   • If no one places a sufficient bid or the county doesn’t dispose of the property as required by law, the county will offer it again under the same terms later.
2. Are there any additional fees apart from the bid amount?
   • You’ll typically cover taxes owed and sale-related costs in your bid, but be sure to check for any extra fees that may apply.
3. Can I inspect the properties before the auction?
   • Yes, it is highly recommended that the properties be inspected before bidding. Information about the properties is available on the county’s website and at the Sheriff’s Office​.

Useful Links

• Richland County, Ohio Official Website
• Richland County Sheriff Sales
• Delinquent Properties Viewer

Need a Hand?

If you’re new to tax lien investing and need some guidance, feel free to reach out for assistance. Whether it’s understanding the process or preparing for an auction, help is available. BOOK A CALL WITH US NOW!

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About Dustin Hahn

Dustin Hahn is a Tax Lien & Deed investor with over 22 years of experience and hundreds of deals under his belt. He created Tax Lien School.com to help you buy Tax Deeds up to 90% off mortgage free and earn up to 36% ROI with Tax Liens. This site was voted the “Most Useful Resource” for new investors. Dustin’s YouTube Channel is the #1 Channel on Tax Liens & Deeds with over 98,000 Subscribers and 3600 videos to help you start. “The Best Time To Start Real Estate Investing Was 20 Years Ago, The Second Best Time Is TODAY!”

20+yrs

5–10deals/mo

2009TLS founded