On the day of sale the buyer is required to bring with him/her a photo ID and a cashier's check for the required deposit on the property. If the property was appraised a deposit amount based on the deposit schedule will be due if you are the sucessful bidder. The check should be made payable to the Lorain County Sheriff.
10% down up to a maximum of $10,000.00 for minimum bid cases.
$2,000.00 deposit if appraisal is lesser than or equal to $10,000.00
$5,000.00 deposit if appraisal is equal to $10,000.01 to $200,000.00
$10,000.00 deposit if appriasal is greater than $200,000.00.
The office staff will have the purchaser information form and will assist you in it's completion if you are the sucessful bidder. Please know in advance on who's name the deed will go into as this information will be required.
There is no pre registration required at this time.