I specialize in foreclosures in Lakewood. I can show you a list of houses and if you would like to take a look at them, feel free to contact me. They tend to need a lot of work, but if you are handy, then it could work out for you. -Frank Castaneda, Keller Williams Realtor, fcastaneda@kw.com
Foreclosure sales are conducted every Monday at 8:30 a.m., unless Monday is a holiday then the sale will be conducted on Tuesday morning at 8:30 a.m. The sales are held in the Justice Center, 1215 West 3rd Street, Cleveland, Ohio 44113.
Minimum bid on properties is 2/3 of appraised value.
10% of sale price is due at time of winning bid at the auction.
Failure to post 10% down at time of auction close can result in contempt of court charges being issued by presiding judge.
In todays housing market there are plenty of foreclosures presently on the market below 2/3 appraised value.
At the county foreclosure auction you are unable to enter property prior to bidding.
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