Deposits

Deposits

Deposit Amounts

Appraised Value   

$10,000 or less ~  $2,000.00 Deposit 
If the appraised value of the property is less than or equal to $10,000.00, the deposit will be $2,000.00.

$10,001 to $200,000.00 ~ $5,000.00 Deposit 
If the appraised value of the property is greater than $10,000.00 but less than or equal to $200,000.00, the deposit will be $5,000.00.

$200,001 or more  ~ $10,000.00 Deposit
If the appraised value of the property is greater than $200,000.00, the deposit will be $10,000.00.

Cashier's Check or a Certified Check made payable to The Wayne County Sheriff's Office. 

Tax Foreclosure Deposits

Starting Bid

$10,000 or less ~  $2,000.00 Deposit 
If the starting bid of the property is less than or equal to $10,000.00, the deposit will be $2,000.00.

$10,001 to $200,000.00 ~ $5,000.00 Deposit 
If the starting bid of the property is greater than $10,000.00 but less than or equal to $200,000.00, the deposit will be $5,000.00.

$200,001 or more  ~ $10,000.00 Deposit 
If the starting bid of the property is greater than $200,000.00, the deposit will be $10,000.00. 

Cashier's Check or a Certified Check made payable to The Wayne County Sheriff's Office.

You may NOT leave the auction to obtain a deposit. If you do not have a deposit in the form of a cashier's check or certified check we will resell the property to the next highest bidder.