INDUSTRY NEWS: TAX SALES

Tax sale tally ‘better than usual’

Wednesday, November 13, 2019   (0 Comments)
Posted by: Carly Cahur
Share |

STEUBENVILLE — Results from last week’s auditors sale are still being totaled, but Jefferson County officials say it looks to be “better than usual.”

“It went pretty well,” Assistant Prosecutor Cerryn Marshall said Monday. “We ‘rough-counted about 440 to 450 properties sold, but we’ll get a (final) total.”

Ohio law mandates that any tract “foreclosed upon for delinquent taxes or a tax lien that has been properly offered for sale on two separate occasions, not less than two weeks apart and not sold, shall be forfeited to the state and the county auditor will offer it for sale to the highest bidder.”

Any assessments the city placed to recoup costs for grass cutting, demolition or water would be abated at the conclusion of the sale.

Mortgage debt and federal liens would remain, however.

Read the whole article here


Stay Informed

Sign up for updates from the NTLA

Sign Up!
Connect