Create a Bid4Assets account which is required to participate in any sheriff auction. The process is quick, free, and easy.
Already have an account? Proceed to Deposit Instructions
Follow us:
Elk County, Pennsylvania
Sheriff's Sales
Public Auction
Purchaser shall pay the balance of 10% of the purchase price plus a 1.5% buyer’s premium (on the total purchase price) by 4:00 PM ET on the first (1st) business day following the Auction. Purchaser shall have 5 business days from the auction date to pay the remaining balance. Payments shall be made to Bid4Assets. — No exceptions will be made. If the payment policy is not adhered to the winning bidder will forfeit their deposit to the Elk County Sheriff’s Office and may be banned from future sales.
The exact settlement cutoff date and time will be listed in the Deed Wizard settlement process after the
close of auction(s).
A $35 per-parcel-won administrative fee will be added to the final sale price.
Bidders are urged to examine the title, location, and desirability of the properties to their own satisfaction prior to the sale. A complete list of properties available for auction is available below. Buying a sheriff sale property is a complex transaction and it is always recommended that buyers seek legal counsel.
A useful list of frequently asked questions as well as a tax sale glossary can be found in the right navigation pane.
If you have additional questions after reviewing the information in the auction, you are encouraged to contact the county in which the property is located. This information can be found in the “Contact Information” section below.
When you are ready to place a bid, click “Place Bid” on the auction page
place bid
Enter your bid amount in the Bid Amount box and be sure to agree to all the terms. At the bottom of the bid window, you will be prompted to reenter your Bid4Assets password as a security measure.
A more comprehensive, step-by- step guide to bidding is available by clicking here.
Additional Bid information
What is an Auto Bid? An auto bid is a maximum proxy bid which is held in confidence by the system. Bid4Assets will use only as much of the maximum bid as is necessary to maintain the bidder's high bid position or to meet the reserve. Please note: If two bidders place auto bids for identical amounts on the same auction, the earlier bid will be the leading bid.
Examples of Auto Bid:
- If the auction has a minimum bid of $200 and you enter your maximum bid amount of $400, your bid will automatically be placed at $200. Your bid will automatically increase as other bidders participate, up to your $400 maximum bid amount.
- If the auction has a Reserve Price of $20,000 (this amount is hidden from bidders) and you enter an Auto Bid of $18,000, your bid will automatically be placed at $18,000. The Reserve Price has not been met so there will be no winning bidder unless additional bids are placed.
- If the auction has a Reserve Price of $20,000 (this amount is hidden from bidders) and you enter an Auto Bid of $21,000, your bid will automatically be placed at the Reserve Price of $20,000. If another bidder jumps in, your bid will automatically increase until you meet your $21,000 maximum bid.
What is Overtime?
Overtime is an extension of the auction close time and keeps an auction open as long as there is active bidding. It occurs automatically when a bid is placed within the last few minutes of an auction. The auction will remain open until an entire overtime increment has passed without any bidding. The overtime increment is indicated on the auction listing.
How can I Monitor My Auctions?
When bidding on multiple properties it is advisable to only bid on one auction at a time. You can find a list of properties that you have bid on in the “my bid list” tab of your profile. You will also receive confirmations of your placed bids as well as notifications of being out bid in your message center.
Can I bid on Withdrawn or Postponed Auctions?
No. Auctions must be live in order for you to able to place a bid. If a property is withdrawn or postponed by a county for any reason, it is no longer open for bidding. Please note, Bid4Assets does not have knowledge of why a property is withdrawn or postponed.
At the close of an auction, the highest bidder will be deemed the winner. After all the auctions in the county have closed, winning bidders will be notified in their message center with a congratulatory message that also alerts them to settlement requirements. The winning bidder will see each of the parcels that they won listed as a link to DeedWizard. The DeedWizard will allow you to quickly and easily provide vesting information and access settlement instructions. Any bidder that does not win a parcel or never participates in the auction after submitting a deposit will receive a refund.
Winning Bidders
- Winning bidders will be notified in their message center after the close of the auctions. A DeedWizard link is provided for quick and easy transfer of vesting information.
- Please review the county terms of sale for the payment deadline and make sure you have enough funds on hand to meet the deadline
- When making a settlement payment, please reference the auction IDs for the specific parcels you won.
- Your deed will be transferred by the county within the timeframe specified in the county's terms of service. Generally, this can be anywhere from three weeks to three months. For questions relating to the timeline on recording the deed, please contact the county.
For questions about the auction and the bidding process, please contact [email protected]
Additional county information can be obtained at the Elk County Sheriff Office website
For questions about the assets and information that is not listed in the auction, please contact the county at [email protected]
Research and Inspect Thoroughly Before You Bid
Prospective purchasers are urged to examine the title, location and desirability of the properties
available to their own satisfaction prior to the sale. It is the sole responsibility of the buyer to
research any potential liens, encumbrances or easements, recorded or not recorded.
Properties are sold "AS IS"
The sale of these properties should not, in any way, be equated to real estate sales by licensed
salespeople, brokers or realtors. The agency conducting these sales makes no guarantee,
expressed or implied, relative to the title, location, occupancy or condition of the properties for
sale.
You must be at least 18 years old to bid. Please review the conditions of sale document for additional terms.
ALL SALES ARE FINAL!
General Sheriff's Sale Documents