If no one is living in a property I purchased, can I start renovations right after the sale? Customer Service can also be reached via email at customerservice@realauction.com . The purchaser may allow you to continue to live in the property or may file for the Sheriff to give you notice to vacate. Our data will also include Franklin county bank owned homes. A Deficiency Judgment is granted to the Plaintiff (lien holder) against the Defendant (homeowner) if enough money is not generated at the sale. Click Here For More Information Now Accepting Lateral Transfers for Communication Technicians Free Search. Upcoming Sheriff Sales Dates: Cut Off Dates : Sale Dates : 11/10/2022: 01/13/2023: 01/07/2023: 03/10/2023: 03/03/2023: 05/12/2023: 05/05/2023: 07/14/2023: 07/07/2023: 09/08/2023: 09/01/2023: . Address. Email. Franklin County Sheriff's Office Now accepting Lateral Transfers for Deputies For the first time ever, the FCSO is offering Advance Step hiring. Tax sales are foreclosures filed by the Treasurers Office for delinquent taxes. Sheriff Sales are not held on Federal Holidays. After a lien is sold, if all lien charges and interest are not fully paid after one year, the tax lien holder has the right to . This is generally known as a proxy bid. Beginning on Friday, May 1, 2020, the Summit County Sheriff's Office will conduct the sale of all real estate subject to foreclosure on the new Sheriff's Sale Website, which is operated by RealAuction, based on a contract with the Ohio Department of Administrative Services. Search all the latest Tennessee Sheriff Sales available. Search for Allen County Sheriff's real estate sales listings by address, case number, defendant name, or sale date, or browse all property listings. Can my title company pay for and pick up my deed? Franklin County Clerk of Courts Clerk.FranklinCountyOhio.Gov 614.525.3600 FranklinCountyAutoTitle.com 614.525.3090 Administration Offices 373 S. High St. OFFICIAL FORECLOSURE AUCTION SITE, 373 South High St. If someone is living in the house and will not vacate, the Sheriffs Office will remove them on issue of a writ of possession. Toledo, OH 3BR Home on .303 Acre lot. To be a qualified participant, bidders must submit a deposit based on the total deposit requirement: Plaintiff is the bank (a) $2,000 if the property appraised value is $1.00 $10,000 (b) $5,000 if the property appraised value is $10,001 to $200,000 (c) $10,000 if property appraised value exceeds $200,000. We do not have lien information at the Allen County Sheriffs Office. Real Estate Site By: locustsystems.com. Civil Sections hours are Monday through Friday from 8:00 am to 4:00 pm. HOURS OF OPERATION: Our office is open Monday through Friday, 8:00 a.m. - 5:00 p.m. The Union Bank Company vs. Gary D. Miller, et al. Zestimate $239,600 ~ Minimum Bid ONLY $100,000! Sales are buyer beware. You are urged to consult an attorney. Floor 23 Columbus, Ohio 43215 (614).525.3600 . What is a Foreclosure? Our Sheriff Sales are held every Friday morning at 9:00 a.m. in the First Floor Press Room/Auditorium of the Franklin County Courthouse, 373 S. High Street, Columbus, Ohio 43215 or online at http s://franklin.sheriffsaleauction.ohio.gov . 101 Home Road. U.S. BANK TRUST NATIONAL ASSOCIATION AS OWNER TRUSTEE FOR LEGACY MORTGAGE ASSET TRUST 2019-GS7. On the date of the auction, the gates open at 8:00am. However, some confirmations contain language to award the writ immediately upon the filing of the confirmation, others may require that the property is paid for and the deed recorded before the writ can be filed. Performing foreclosure auctions and judicial sales for banks and mortgage servicers. *This is a Foreclosure Auction ordered by th Franklin County Common Pleas Judge. All deposits will be returned if the property is redeemed. Properties will be open for bid, at least seven days immediately prior to the date of sale. The Franklin County Sheriff's Office Real Estate Division staff set foreclosure sale dates for all foreclosed properties within Franklin County. This assures that the correct property is being foreclosed upon.Judgment Entry Filed: Judgment(s) are granted and the property may be sold to recover judgment amounts, typically filed 3-5 months after being filed. Sometimes the property will be reappraised or a court order to reduce the amount of the starting bid will be obtained. The deed will be recorded within 14 business days of receiving all of the purchase funds due. 301 North Main St., Suite 203, Lima, OH 45801. Fax line: 419-946-2406. Complete the 'Motion for the Distribution of Excess Funds and Request for Hearing' form . is required from the winning bidder. Swanton TWP, OH 3BR Home on 3.999+/-acres with 900 SF Detached Garage. All Franklin County properties with delinquent taxes are eligible to be sold at the tax lien certificate sale. Therefore, it is recommended that lenders do their own appraisal once the property is vacated. Franklin County Sheriff's Office Home About Us Services Programs Your Safety Info Join Us I want to Now accepting Lateral Transfers for Deputies For the first time ever, the FCSO is offering Advance Step hiring. All sales stipulate "Buyer Beware.". Close to downtown Hilliard. Front office hours M - F 7:00 - 4:00 You are urged to check out any liens, and consult an attorney if you have questions. Franklin County is an Equal Opportunity Employer and provides advancement opportunities to everyone. Over 1 million foreclosure homes for sale updated daily. A title search is recommended. The Franklin County Treasurer holds the state's first and best lien against real property located in Franklin County. You can verify this by checking the Allen County Clerks website. It is our goal to change the way a property goes through the foreclosure process. Our employment practices are not influenced or . The home is situated, Bid starts at $84,000. Until a precipe is filed, the property will not proceed to sale. Columbus Ohio 43215 Visitation: (614) 525-3383 . Since the only way deed information can be changed after the sale is by court order, making sure that the Purchaser Information Form (PDF) contains accurate information about how the property is to be deeded is very important. 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You may be responsible for some assessments that are not yet part of the tax bill and you will be responsible for any assessments and/or sewer bills attached to the property. (THIS ONLY APPLIES IF THE PROPERTIES ARE BEING SOLD IN PERSON AND NOT ONLINE) Sitemap - Terms and Conditions - The real estate taxes paid from the proceeds will be prorated to the date of sale. The lien holder may either file a request for foreclosure with the county Prosecuting Attorney's office or may proceed with private counsel. FRANKLIN , OH 45005 . Newly Added. Franklin County is most populous county in Ohio and contains the state capital, Columbus. Sitemap - What happens to the properties that do not sell? Auction.com Editorial Team // June 8, 2022 A sheriff's sale is a public auction at which property that has been defaulted on is repossessed. The Auction will be held On-Site, at the subject property. 419-947-4845. NOTE Tax Sales, Tax Lien Certificate Sales and Probate Sales will continue to be sold at the Union County Veterans Memorial Auditorium, 233 West 6th St, Marysville, Ohio 43040, until . This means that if you pay off your mortgage, and the court costs associated with the foreclosure action, or acquire new financing you can keep your home. A deposit of $5,000. Auctions are held at the Division of Police Property Room, located within the South side of Columbus at 724 E. Woodrow Avenue. Can I put more money down for the deposit than is required? Find and bid on Residential Real Estate in Franklin County, OH. Information can be obtained by calling (614) 645-4620. (43207). For additional information or to register for a webinar, please contact the Realauction Customer Service at (954) 734-7401 or toll-free at (877) 361-7325. Postponed. See http://www.ohiosheriffsales.com/download_forms for the form. Bidding starts at $94,000. A sheriff sale is a property auction very much like a foreclosure auction. Pre-registration is required. Fax: (614) 525-3168 245 or 246. The Allen County Sheriffs Office does not have keys for the properties that are being sold and has no access to the interiors. All our foreclosure listings are pre-screened for accuracy by our team of professionals on a daily basis. On September 13, 2022 the Mahoning County Sheriff's Office will conduct the sale of all real estate subject to foreclosure on the "Official Public Sheriff's Sale Website" which is operated by Realauction based on a contract with the Ohio Department of Administrative Services. Once the confirmation is filed, you no longer have a right to redeem and the purchaser is awarded a writ of possession. |. (A) Not later than ninety days after the effective date of this section, the department of administrative services shall solicit competitive sealed proposals for the creation, operation, and maintenance of the official public sheriff sale web site . These types of properties can offer great opportunities for real estate investment. Buy. Plaintiff/Judgment Creditors A Judgment Creditor is defined as the creditors (plaintiff or defendants) who are awarded judgment in the foreclosure case. Foreclosed real estate and delinquent tax sales are held on Thursdays at 10:00 A.M. online. ft. of living space,. In order to have the excess funds paid you must obtain an order from the court, signed by the judge assigned to your case, directing the clerk to disburse the excess funds to you. ft of living. Realauction offers training classes via the internet on a regular schedule. Call or email us today to find out how Ohio Sheriff Sales can help you. Due to the federal moratorium on foreclosure evictions during the pandemic, our supply of foreclosure listings is currently low. Sheriff Sales Sheriff Sales are processed and conducted by the Civil Section of the Sheriff's Office. Registration will include the completion of the Purchaser Information Form. Tax sales are advertised for three consecutive weeks prior to the date of sale. The Auditors appraisal is done by law and is completed by a contract mass appraiser who appraises all property in Allen County for tax purposes. is required from the winning bidder. Case Number (i.e. Franklin Co. Foreclosure Auction. The number of available foreclosure properties in our database varies with market conditions. Key steps in the process are as follows: Complaint Filed: The matter is brought before the court. Checks payable to more than one payee, must be signed for by all payees before the check will be released. Our Tax Sales are held on Friday morning at 10:00 a.m. at the front steps of the Gallia County Courthouse, 18 Locust Street, Gallipolis, OH 45631. There are 3 Sheriff Departments in Franklin County, Ohio, serving a population of 1,253,507 people in an area of 533 square miles.There is 1 Sheriff Department per 417,835 people, and 1 Sheriff Department per 177 square miles.. This will be accomplished within 14 business days after the entire purchase price has been received by the Sheriffs Office. ( 5/12/2023 ) 2021-1086. 3 bed, 1.5 bath, 2 car, corner lot, remodeled, Bidding starts at $28,000. Recommended. If this page does not address your need, please call our Sheriff's Sales Coordinator at (740) 833-2868. Performing foreclosure auctions and judicial sales for banks and mortgage servicers. Click Here For More Information You may contact the Realauction Customer Service Center at 877-361-7325 for further information or to register for this class. The Franklin County Treasurer holds the state's first and best lien against real property located in Franklin County. Special Services. *The property sells with a minimum opening bid of $1. Our electronic foreclosure auction web address https://miami.sheriffsaleauction.ohio.gov/ which will be active and available for registration on May 22, 2022. The purpose of Surplus Property Online Auction Services Program is to provide the ability for Franklin County agencies to dispose of their County surplus items and to provide assistance to Franklin County cities, townships and villages in the disposal of their surplus by use of an internet auction. This list consists of extra court ordered monies from a sheriff sale being . The Allen County Sheriffs Office has nothing to do with closing. In search of our Property Room Auction schedule? This 1,252 square ft. home features 3 bedrooms, 1 1/2 bathrooms and a full basement. text. The Franklin County Sheriff Office is not liable for the failure of any device that is not owned, operated, and managed by the state or county, that prevents a person from participating in any sale. PREFORECLOSURE Sheriff Sale . Sell and close the property as fast as legally possible. . No interior viewings. A title search by an attorney is recommended. All person(s) who want to bid on a property offered by the Allen County Sheriffs Office must register with Realauction. Just click on any of the Ohio county links below. Properties purchased at Sheriff Sale are not available for inspection. Floor 2B Attn: Real Estate Information can be obtained by calling (614) 645-4620. Franklin County, oh. Terms and Conditions - All person (s) who want to bid on a property offered by the Fayette County Sheriff's Office must register with Realauction. How Does Foreclosure Work in Real Estate? The information provided on our website at, Recruitment, Diversity, Equity & Inclusion, Civilian Response to Active Shooter Events (CRASE), Internet Crimes Against Children Task Force, Volunteer with Social Services Department. Bridgeport Belmont COUNTY OH 43912 Real Estate Site By: locustsystems.com, . Sell the property to an end user vs the bank having to take the property into REO. Purchasers must be prepared to deliver the deposit at the time that the bid is accepted. NOTICE ONLINE SHERIFF SALES 2022.pdf. *Bid increment for Online Bidding is $100. Property Room Auctions The Sheriff Sale process creates opportunities for buyers to bid on repossessed foreclosure homes at auctions and other sales for deep discounts. Properties are advertised for three consecutive weeks beginning five weeks prior to sale in the Daily Reporter Newspaper. A court order is required to withdraw a property from sale. *When you place a bid, you can place a "Max Bid" and the software will bid for you in $100 increments. For Foreclosure please contact the Real Estate Division at 614-525-4231 and for Moving issues please contact theCivil Division at 614-525-3343. Our Highland county foreclosures, sheriff sales, short sales and pre- foreclosures, will also include the full contact information for all foreclosed properties including number of bedrooms and baths and price. What happened? Non-payment of Real Estate taxes could result in a foreclosure action, tax lien sale or other legal action in order to collect the taxes that are necessary to fund the county's schools, agencies, and local governments. Bidding starts at $130,000. Mount Gilead, OH 43338. jmosher@morrowcountysheriff.org. Privacy Policy. Sheriff Sales are a way for a lending institution to get possession of a property on mortgage foreclosure so the property can be resold. Brown > Rob Dorans > Shayla Favor > Shannon G. Hardin> Emmanuel V. Remy, .style1 { text-align: center; }, Columbus Public Safety Division of Police Police Auction. The staff continues to work with the courts, law firms, and buyers after the sale to secure the deeds to the properties. ALL RIGHTS RESERVED | COPYRIGHT Allen County Sheriffs OfficeSITEMAP | PRIVACY POLICYWebsite by NOW MARKETING GROUP, https://allen.sheriffsaleauction.ohio.gov. You may change the information after the deed has been recorded by filing a new deed. Bid extensions continue until all bidding is exhausted. This 1008 Sq. Copyright 2012 Ohio Sheriff Sales. You can pay off the balance of the purchase at any time prior to the confirming entry being filed. All Foreclosure Bank Owned Short Sales . 419-993-1408. The confirmation awards the purchaser possession of the property. The staff works closely with the courts and law firms prior to the sale. Cuyahoga County Sheriff's Sales. It is our goal to change the way a property goes through the foreclosure process. In Ohio, Franklin County is ranked 86th of 88 counties in Sheriff Departments per capita, and 6th of 88 counties in Sheriff Departments per square mile. SHIPPENSBURG, PA 17257. The property may or may not be set for a subsequent sale. Phone: (419) 223-8515 Fax: (419) 222-7852. We utilize the most advanced auction platforms to offer you live, real-time bidding opportunities that are convenient and best suit your needs. - Properties in Franklin County, OH. For additional information contact Jodi Moody at (740) 452-3637 ext. Below you will find foreclosure listings of foreclosures homes for sale in and near Franklin county. Performing foreclosure auctions and judicial sales for banks and mortgage servicers, This one story home features two bedrooms and 1 bathroom. Please check with City of Lima Property Maintenance at 419-221-5237 for any special assessments that may be outstanding or have not yet been accrued to the tax bill, e.g., junk removal, yard mowing, boarding up of house, etc. 373 South High Street The ad for a property I am interested in was in last weeks Delphos Herald/ Lima News, but not this weeks. *Default: Be aware, if you are unable to close within 30 days of court confirmation, your deposit is non-refundable, and you could be liable for other costs and possibly be found in contempt of court. The sale will take place with no minimum bid on August 16, 2019 at 11:00 AM. Ohio Revised Code sections 5721.30 to 5721.43 permit the Franklin County Treasurer to collect delinquent real property taxes by selling tax-lien certificates in exchange for payment of the entire delinquency. (43207). All our foreclosure listings are pre-screened for accuracy by our team of professionals on a daily basis. The recording of the deed may be delayed for failure to provide accurate information. These auctions include vehicles, bicycles, clothing, electronics, furniture, tools and other items that end up in the Division's Property Room or Impound Lot. Franklin County, oh. This does not apply to Treasurer tax foreclosures. This gives the purchaser the right to file paperwork to have the Sheriff notify you to vacate. A cashiers check or money order payable to the Allen County Sheriffs Office is required to pay the balance for a property purchased at Sheriffs Sale. In general the following key points are noted: 1. Precipe Filed: This order directs the Sheriff to advertise and sell the property according to the court terms in accordance with the terms of the Ohio Revised Code. ADDRESS: 373 S. HIGH ST., 17TH FLOOR COLUMBUS, OH 43215-6306. Select Search Criteria. Minimum bid of 2/3 of the appraised value unless otherwise . Sheriff Sale - November 2, 2021Auction Date & Time:November 2, 2021 at 1:30 p.m. Sheriff Sale - October 26, 2021 Auction Date & Time: October 26, 2021 at 1:30 p.m. All Sheriff Sales are held every Tuesday at 1:30PM on the first-floor lobby of the Pickaway County Courthouse, 207 S Court Street, Circleville, Ohio 43113. No. Registrants for webinar training must contact Realauction Customer Service at 877-361-7325 or email at customerservice@realauction.com Search our database of Franklin County Property Auctions for free! You will be responsible for obtaining the writ of possession from the Clerk of Common Pleas Court and for providing the manpower to set out their belongings or place them in storage. The time for a confirmation to be filed is within 30 days from the sale date. - learn more. . The information provided on our website at www.sheriff.franklincountyohio.gov is a courtesy and should be verified for accuracy by the official advertisement. What is a Foreclosure? Click here for a summary of the new Ohio Foreclosure Laws. Square . The Allen County Sheriffs Office will conduct the sale of all real estate subject to foreclosure on the Official Public Sheriffs Sale Website which is operated by Realauction based on a contract with the Ohio Department of Administrative Services. Columbus, OH 43215, Phone: (614) 525-4231 Zestimate $266,000 ~ Minimum Bid ONLY $124,000! The Allen County Sheriffs Office will not accept a company or personal check, or a credit or debit card for either the deposit or pay off balance. Step 1. Sheriff Sales are not held on Federal Holidays. You do not yet own the property and have not been awarded a right to possession and the defendant can still redeem the property. After a lien is sold, if all lien charges and interest are not fully paid after one year, the tax lien holder has the right to foreclose on the property. The foreclosure process clears all liens and encumbrances on the subject property. Franklin, OH Foreclosures - foreclosure listings, preforeclosure, bankruptcy homes, include HUD foreclosures VA foreclosures government foreclosures bank foreclosures . 670 to east on Fifth Ave. to north on Homeview. Auctions are held at the Division of Police Property Room, located within the South side of Columbus at 724 E. Woodrow Avenue. Select a county below and start searching. 8117 MOLLY PITCHER HIGHWAY. The Franklin County Sheriff's Office is changing the way you visit with loved ones who are incarcerated at the Franklin County Corrections Center II located at 2460 Jackson Pike in Columbus, OH. Attendance is by registration only. *Close within 30 days of court confirmation. The Sheriffs Office appraisals do not qualify for bank loan appraisals. Attendance is by registration only. An appraisal is an opinion of value and may vary widely. As the defendant, you have redemption rights up until the confirmation is filed. *The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover. With this information visit the auditors website at http://www.allencountyohauditor.com to search. How Does Foreclosure Work in Real Estate? http://clerkofcourts.allencountyohio.com/. After receiving the Delinquent Land Tax Duplicate from the Franklin County Auditor, the Franklin County Prosecutor may begin a foreclosure action, in the name of the Treasurer, for past due property taxes. Bidding starts at $160,000. > Parks> Golf> Hiking and Biking Trails> Events> Summer Fun Guide, > Events> Things To Do> Neighborhoods> Hotels> Restaurants> Visitor Maps, > Nicholas J. Bankston> Lourdes Barroso de Padilla > Mitchell J. Why does the auditors appraisal of a particular property differ from the Sheriff Sale appraisal? Bank Foreclosure Sales NOTICE - ONLINE SHERIFF'S SALES. If the deposit is not available the bidding will be re-opened until a successful bidder is found that has the required deposit. Where do I pick up the keys to the property I purchased at Sheriff Sale? The auction will be conducted for each individual property; however, only one property will be sold at a time. The Franklin County Sheriffs Department is open 365 days a year, 7 days a week, 24 hours a day. CCW & Fingerprinting. All auctions on this site are foreclosures and judicial sales. Auction Date(s) Beds. Lead Auctioneer Barry Baker Email Barry W: 937-581-3037 F: 614-635-3474 Directions: Postponed from April 21 until May 26 at the request of the Plaintiff. Quick links: Accident Report Firearm License Permits Sex and Violent Offender Registry Sheriff Sales The balance will be due thirty days after confirmation of sale as required by HB 138. (419) 227-3535 Sheriff Matthew B. Treglia333 N. Main St. Lima, Ohio 45802. The bank or lending company should be contacted with any questions about an inspection of the property. case number address parcel number sold to for; 20cv24: 13754 co rd 11-2, lyons: 22-043488-01.000 : bank : $231,100 Basic Terms: * This is a Foreclosure Auction ordered by the Vinton County Common Pleas Court. The Allen County Auditor can provide a printout on the property showing the numbers, and types of rooms, etc. Liens are marshaled (placed in order and paid in order) and paid from the sale proceeds. What happens to the Liens on the property? HIGHLAND County, OH Expand Change Location All Listings Foreclosure Pre-Foreclosure Sheriff Sale Showing: 1 - 25 1 2 3 4 # Photos You may obtain more information on Sheriff's Sales via: Email sheriffsales@co.delaware.oh.us; Delaware County Auditor's Office; Delaware County Clerk of Courts Office . The Delinquent Tax Division holds an annual tax lien sale to collect outstanding delinquent taxes. Sort. These webinar classes generally last 90 minutes and specifically cover the use of the software. Realauction will conduct webinar training. The Allen County Sheriffs Office does not guarantee a clear title. Delinquent Taxes and Tax Lien Sales. Minimum bid is $26,667, This single story home features 2 bedrooms, 1 bathroom, a two car garage and 864 sq. FCSO Real Estate Auction - what you need to know, All bids begin at 2/3 of the appraised value of the property, unless otherwise directed by court order. Historical Information. If a property is not sold the first time offered, it is set with a second sale date but is not re-advertised. All inspections (if available) must be done prior to Auction. Our data will also include Franklin county bank owned homes. Photos, This bungalow offers 2 bedrooms, 1 full bath and a full basement. The sale will take place with no minimum bid on August 16, 2019 at 11:00 AM.A deposit of $5,000. Warren County Sheriff Sales. Facebook: Follow Franklin County Sheriff on Facebook auctions, Sheriff sales, foreclosures and more! You may also face fines and jail time for being in contempt of court. For additional information or to register for a webinar, please contact RealAuction Customer Service at (954) 734-7401 or toll free at (877) 361-7325. Real Estate Sales; Inmate-Information; Real Estate Search; Sex Offender Registry; Programs. Search options with the Clerk of Courts are by defendant name, or case number. Will I get my deposit back if a redemption is filed on a property that I purchased at Sheriff Sale? These types of properties can offer great opportunities for real estate investment. You will be notified by email if you are out-bid. Condo built in 1970 with 1,200 sq ft including 3 bedrooms, 2 bathrooms. This form is available for printing on this website. More, Copyright 2012 Ohio Sheriff Sales. The property was probably withdrawn or a bankruptcy was filed which puts a hold on sale proceedings. http://www.ohiosheriffsales.com/download_forms. Failure to follow through with the purchase of a Sheriff Sale property may result in all or part of your deposit being forfeited. 2 beds, 1 bath, 2 car det. If I do not complete the purchase of a property that I put a deposit on at Sheriff Sale, will I get my money back? This 2 story home features 3 bedrooms, 1 bathroom, a partial basement and a 1 car attached garage, This single story home offers 3 bedrooms, 1 bathroom, a full basement and 1,536 Sq Ft. Registrants for webinar training must contact Realauction Customer Service at 1-877-361-7325 or email at customerservice@realauction.com. Here you will find Ohio county sheriff's sale property auctions, the date and time of the public auctions, terms and conditions of each county's sheriff sales and more. All sales are pursuant to the provisions of the Ohio Revised Code. However, Judgment Creditors are required to submit the bidding style choice (pre-sale manage bid or live bid) AND a copy of the court order stating they are the Judgment Creditor on the case they are bidding to Realauction Customer Service (. You may contact the Civil Section at 419-774-3570 or at shughes@richlandcountyoh.gov for assistance with Sheriff Sale questions. If I give the wrong deed information at the sale, can I change it after the sale? The auctions are held at the Police Impound Lot, 2700 Impound Lot Rd. If you would like to pay the outstanding taxes due on a parcel that is involved in a foreclosure action or have questions please contact the Delinquent Tax Division at (614) 525-3431. Per Ohio Revised Code 2329.211, in every action of Judicial Sale or Execution of residential property, if the Judgment Creditor is the purchaser, they shall not be required to make a deposit on the sale.