Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

1
Posts
0
Votes
Mark Ciccero
  • Real Estate Investor
  • Cleveland, OH
0
Votes |
1
Posts

Backing out of a purchase at Sheriff Sale in Ohio

Mark Ciccero
  • Real Estate Investor
  • Cleveland, OH
Posted

I have a friend that purchased a home at their county sheriff sale this week and no longer wants to move forward with the purchase.  this particular county didn't require certified funds or cash...he simply used a personal check and has since stopped payment on the check for the down payment.  Are there legal repercussions that can happen and if so what are they?  When he speaks to the attorney that is representing the lender...is there anything specific he should tell the attoney?   

Loading replies...