Lot Links

Hundreds of vacant or underused tax-delinquent properties have been returned to productive use through Dayton’s Lot Links program. Lot Links allows qualifying buyers to purchase designated properties, with or without structures, at a low cost for rehabilitation, new construction, yard/garden expansion, or other uses as approved. Abandoned tax-delinquent commercial properties may also be acquired via Lot Links.

Lot Links Program Application Deadline Set

Because of an improving real estate market and the loss of collectible tax revenue associated with the Lot Links program, the Montgomery County Treasurer and the City of Dayton will no longer accept applications through the Lot Links tax foreclosure program after December 20, 2019.

In addition, the LotLinker.com search tool, created for the City by CODE for Dayton to assist potential applicants with search assistance for Lot Links-eligible properties, will be disabled on the same date.

Lot Links staff will continue to process applications currently in the pipeline for the next 18-24 months but no new applications will be accepted or processed after this deadline. After December 20, 2019, interested parties will be referred to the Montgomery County Treasurer’s Depositor Foreclosure Program.

Like the Lot Links Program, the Depositor Foreclosure Program allows eligible applicants to acquire tax-delinquent property in the City of Dayton. The Depositor Foreclosure Program may have a lower overall cost and shorter completion timeline than the Lot Links Program. The attached fact sheet outlines the differences between the programs.

Montgomery County Treasurer, Russ Joseph, will make a presentation at the Dayton City Commission Meeting on December 11, 2019, to discuss how the market has evolved since the program’s inception and explain how residents can continue to acquire tax-delinquent properties through the Depositor Foreclosure Program.

Lot Links applications will be accepted through close of business on December 20, 2019. Applications submitted by mail must be postmarked by December 20, 2019. Applications that are incomplete or ineligible will be returned to the applicant and will not be processed.

City of Dayton Lot Links Program vs. Montgomery County Treasurer’s Depositor Foreclosure Program
  Lot Links Depositor Foreclosure
Applicant Eligibility Individuals or corporations may apply given that the following conditions are met:
· Applicant and applicant’s spouse, business partner(s), corporation’s agent(s) and/or any affiliated parties do not have real estate tax arrearages on properties they own.
· Applicant has not forfeited any properties through the Lot Links program for unpaid taxes, lack of final payment, or any other reason.
· Applicant does not have open housing code violations against properties they already own.

Interested buyer cannot have delinquent real estate taxes.
Property Eligibility Property must be located in the City of Dayton. Property must be two or more years tax-delinquent, vacant, and abandoned with no active utility service. Property may not be actively listed for sale or rent. Property must not be part of active mortgage foreclosure case, bankruptcy case, probate case, or have federal liens recorded against it.

Property must be located in Montgomery County – including the City of Dayton. Property must be at least one year tax-delinquent. Property must not be part of active mortgage foreclosure case, bankruptcy case, or probate case.
Process Applicants desiring to acquire tax-delinquent real estate in the City of Dayton apply through the Lot Links program. The City of Dayton initiates an administrative tax foreclosure through the Montgomery County Treasurer’s Office on the applicant’s behalf. After successful adjudication, and payment for the cost of the foreclosure by the City, the Montgomery County Board of Revisions orders that ownership of the property be transferred to the City of Dayton. The applicant makes final reimbursement payment to the City, and after a closing is held, a quit claim deed is recorded to grant ownership to the applicant. Persons interested in purchasing a tax-delinquent property in Montgomery County – including the City of Dayton – apply through the Depositor Foreclosure Program. The Montgomery County Treasurer’s Office initiates a depositor tax foreclosure on the applicant’s behalf. Once a Default Judgement has been signed by a Judge on the tax foreclosure case, an Order of Sale is issued to the Montgomery County Sheriff’s Office.
The Sheriff’s Office will offer the property at public auctions at a minimum bid of court costs plus the total amount of taxes due (or the Auditor’s assessed value of the property, whichever is lower).
If there are no bidders at the first two sales, a third and fourth sale will be held, and the property will be offered for the minimum bid of the court cost amount. In order to take ownership of the property, the applicant must be the successful bidder at Sheriff’s Sale. If the applicant is not the successful bidder at Sheriff’s Sale, the original deposit amount is fully refunded to the applicant.

Timeline The process takes approximately two years.

The process takes approximately one year.
Cost Deposit:
Vacant Lots: $500.00 Residential Properties: $750.00
Commercial Properties: $1,000.00
Remaining Balance:
Approximately $2,000.00 to $2,500.00, depending on the cost of the administrative foreclosure case

Deposit:
Residential Properties: $2,000.00 Commercial Properties: $3,000.00
Remaining Balance:
Dependent upon successful bid and court costs associated with the case. If the applicant is the successful bidder, then the deposit will be applied against court costs.
Rehabilitation Standards Within six months of acquiring property, applicant is responsible for submitting final report with photographs showing completed rehabilitation bringing it up to local housing and building codes. Report must include repairs made, amounts spent, issues encountered, etc.

After property is transferred to applicant, applicant is responsible for bringing the property up to local housing and building codes.
Deposit Forfeiture Applicant forfeits deposit by withdrawing application at any point in the process.

Applicant forfeits deposit by withdrawing application at any point in the process.
Right of Entry Applicant has no legal right to be on the property or enter any structures on the property for any reason until the foreclosure is completed and ownership is transferred to the applicant. Applicant has no legal right to be on the property or enter any structures on the property for any reason until the foreclosure is completed and ownership is transferred to the applicant.