Ohio Foreclosures - 25,097 Foreclosure Listings

Foreclosure Homes in Ohio

There are currently foreclosed homes listed in Ohio. Why should you consider buying a foreclosure property in Ohio? To save money, of course! That’s right, purchasing a foreclosed home can save you as much as 50 percent or more on the final sale price of a distressed deal in Ohio when compared to a traditional single-family house. We’ve also got awesome deals on top of incredible foreclosure deals, from rent-to-own homes, short sales and preforeclosures in Ohio, as well as bankruptcy filings and government-owned foreclosure listings such as HUD, Fannie Mae and Freddie Mac, among others. Just select the county in Ohio that you want to look for a property below. Then search through all distressed real estate listings in Ohio for the amazing deal that’s right for you.

Ohio Foreclosure Laws

Ohio uses a judicial foreclosure system, which requires court involvement before property can be sold. Loans are typically secured by mortgages. The process can be lengthy because of court schedules, notice requirements, and sale procedures. Deficiency judgments are generally allowed when the sale price is not enough to pay off the loan.

Foreclosure Type Process

Judicial
Mortgage Instrument Security Type

Mortgage. Deeds of trust are not standard.
Typical Timeline Duration

6-12+ months
Deficiency Judgment

Deficiency judgments permitted
Redemption Period Owner Rights

Limited redemption prior to confirmation.
Process Summary

Ohio foreclosures are judicial. The lender files a lawsuit, and the property is sold at a sheriff’s sale following judgment.
Notice / Timing Statute

Ohio Revised Code § 2323.07 et seq. (judicial foreclosure process)
Redemption Statute(s)

Ohio Revised Code § 2329.33 (no statutory post-sale redemption)
Deficiency Statute(s)

Ohio Revised Code § 2329.08 (deficiency allowed after foreclosure)

How to Buy a Foreclosure in Ohio

To buy a foreclosure in Ohio, monitor county auditor or sheriff' sale listings, MLS, and public notices. Ohio uses judicial foreclosure; understand redemption rights. Secure financing early. Conduct a title search and inspect condition where possible. Attend the auction and finalize transfer procedures.

What type of foreclosure is used in Ohio?

The type of foreclosure in Ohio is Judicial

Is there a redemption period in Ohio?

Limited redemption prior to confirmation.

Are deficiency judgments allowed in Ohio?

Deficiency judgments permitted in Ohio

How do you buy a foreclosure in Ohio?

To buy a foreclosure in Ohio, monitor county auditor or sheriff' sale listings, MLS, and public notices.