Legal Question in Real Estate Law in Ohio
Bidding on forclosed property
does submitting a written bid on a property that is going to be sold at a sheriffs sale guarantee/or force the property to be sold on the intended date and not withdrawn? If not is there a way to insure the sale of this property? This property has been withdrawn 2 times and we wonder if we can speed up the process.
Asked on 2/12/02, 7:02 pm
1 Answer from Attorneys
Gregg Manes
Gregg A. Manes, Esq.
Re: Bidding on forclosed property
Nothing should stop the sale unless there is cash on the table or the Plaintiff(the bank) feels confident that there is cash forthcoming very soon.
Answered on 2/24/02, 10:11 pm