What is the Auditors Forfeited Land Sale?
Forfeited Land Sales, usually held twice each year, are auctions of properties ordered forfeited by the Fairfield County Court of Common Pleas for non-payment of real estate taxes. While the delinquent taxes are erased from the properties sold, would-be bidders are encouraged to research each parcel because any outstanding liens are transferred with the property and are the responsibility of the buyer. Terms and conditions of the sale and a complete list of properties scheduled for auction are publicized prior to each sale in area newspapers and on this web site.
Related Questions
- Perhaps Bloomington Public Schools can solve its financial challenges by selling the land on its campuses and using land sale proceeds to operate the schools?
- I purchased a manufactured home and installed it on leased land. What information must be on the bill of sale?
- Who pays the closing costs on excess land sale transactions?