When a home that you wish to purchase is in foreclosure, you are actually purchasing it from the Sheriff in a foreclosure sale. A Sheriff’s deed has no representations and no warranties. It is simply a deed.
In Ohio, during foreclosure, the property is appraised prior to the public auction. The first bid in that public auction will be two thirds of the appraised value, and the bidding continues until someone wins the bidding. Then, the Sheriff provides the deed, and it is all done through the court system.