Ohio Foreclosure Law

In Ohio foreclosure law requires lenders to use judicial foreclosure.

The sale price at auction must be at least two-thirds of the appraised price.

Restatement is not permitted also provided for contractual by the terms of the mortgage.

There is no right of redemption after the sale is confirmed.

Deficiency judgments are permitted.

You may also want to consider checking out a LegalMatch attorney. Their attorney’s are prescreened and the initial consultation is free and confidential. For further information about foreclosure read The Foreclosure Survival Guide: Keep Your House or Walk Away With Money in Your Pocket

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