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Washington Blvd
Martins Ferry, OH 43935

Status: Inactive
Listing ID: 56902293

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Property Information

  • Comments: It is an open bid process with the starting bid being 2/3 of the appraised value. This appraisal was not an inside inspection of the property and the Sheriff and Appraisers are not liable for the condition of the property. The buyer must provide 10 % down of the final bid at the time of sale. All money will be handled by the Clerk of Courts office. They accept personal checks, certified checks, cash and money orders. The Sheriff’s Office does not research the properties. It is the buyer’s obligation to do any type of research regarding liens or taxes that may follow a sale.
  • Day(s) On Site: 69
  • Appraised Value: $75,000
  • Plaintiff: US Bank NA
  • Attorney Name: Robert R. Hoose
  • Defendant Name: Caprita, Jamie D. & Susan E.
  • Attorney Phone: (330) 436-0300
  • Deed Category: NFS

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Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.


Auction Information

  • Auction Date: 01-10-2022
  • Auction Time: 2:00 PM
  • Auction Location: Common Pleas Courtroom #307 top floor of the Belmont County Courthouse, 101 West Main Street, St. Clairsville, Ohio,

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Listing History

Start Date End Date Listing Type Bank Name
11/25/21 01/10/22 Preforeclosure US BANK NATIONAL ASSOCIATION

Homes On This Street
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Washington Blvd
Martins Ferry, OH 43935


Status: Inactive Listing ID: 56902293

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