October 23, 2014

Medina
Partly cloudy
41°F

Sheriff sales poised for record in September

MEDINA — Medina County sheriff’s sales will reach an all-time high in September.

Earlier this week, the Sheriff Office’s Civil Division released a list of 101 homes in foreclosure and seven lots with delinquent taxes to be sold on Sept. 24.

So far, six of the foreclosures have been canceled and won’t be part of the September sale.

More likely will be withdrawn before then, a Civil Division spokeswoman said.

The average price of the foreclosed houses and properties on the list is about $160,000. The most expensive is a $1.15 million lot in Brunswick. The most expensive foreclosed home is appraised at $890,000 in Hinckley Township.

The sale will start at 9 a.m. at the Medina County Community Center, 735 Lafayette Road. Bids begin at two-thirds of the appraised home value, and 10 percent of that value is due at the time of the sale.

The Civil Division spokeswoman said the list of foreclosed homes has never been more than 100 for a single month, but there have been cases of more than 90.

She reported there are 92 foreclosed homes listed for a sheriff’s sale on Oct. 15.

The total number of foreclosure cases filed in the county has increased in the last year as well. A spokeswoman at the county’s Clerk of Courts Office reported 804 cases have been filed so far this year. At this point last year, there were 669 cases.

Medina County Auditor Mike Kovack said this could be the worst the county will see.

“I think that something that’s going on here is Medina County was late to come into the recession that most of the region saw,” he said. “I think we are going to come out of this earlier, too.”

He said housing prices in different areas throughout the county have risen. In addition, the Ohio Department of Job and Family Services reported earlier this week that Medina County’s unemployment rate for July was 8.5 percent.

That’s 0.8 percent less than in June and makes the county the fourth statewide with the fewest unemployed workers. The state’s jobless rate was 11.2 percent in July.

“In that context, we are in far better shape than, say, Akron, Cleveland and Lorain, but I know it doesn’t feel like it here,” Kovack said.

He noted the county had 961 foreclosure cases last year — about 1 percent of the 85,000 parcels in the county.

Contact Maria Kacik at (330) 721-4049 or mkacik@ohio.net.