In a traditional seller auction (non-foreclosure) the answer is usually yes. You can confirm with the Auction Firm.
In a Private Selling Officer auction, the property is subject to Ohio Revised Code Section 2329.191. You, as the highest bidder, should be covered by a type of title insurance that applies to foreclosure actions. Ohio Revised Code Section 2329.191 requires the plaintiff in a foreclosure action relating to residential property to file a Preliminary Judicial Report (a “PJR”) with the court and to update it with a Final Judicial Report. The PJR is a guarantee of the record title only and is made for the use and benefit of the guaranteed party, as defined in the PJR, and the purchaser at the judicial sale, subject to all of the exclusions, exceptions, conditions, and stipulations set forth in the PJR. You should check the Court’s docket to see whether a PJR was filed in the case.
A PJR does not provide the same coverage that an owner’s title insurance policy (an “Owner’s Policy”) provides. An Owner’s Policy provides greater coverage.
If you wish to obtain additional title insurance coverage, an Owner’s Policy and/or a Lender’s Policy may be available from the title agency assisting the Private Selling Officer (identified on the property details page) or a title agency of your choice. Any additional title insurance coverage will be solely at your expense.
