The Minimum Bid is $25,000.00 (2024)

BIDDING WILL OPEN ON MONDAY, July 1st, 2024

BIDDING WILL BEGIN TO CLOSE AT 7:00 PM EST ON WEDNESDAY, JULY 10TH, 2024

This home is in a great location, in the Greenon School District, and is a complete fixer upper.

AUCTION TERMS & CONDITIONS

Reserve Price: The property has a reserve price of $25,000 (minimum bid).

Acknowledgment of Terms: All bidders must review and sign the Acknowledgement of Terms & Conditions document prior to bidding.

Property Condition: The property is sold in 'AS IS' condition. The Seller will not make any repairs or concessions, and there are no contingencies.

Inspections: The sale is not contingent upon a satisfactory inspection. Bidders are encouraged to inspect the property before the auction ends.

Financing: The sale is not contingent upon the Bidder's ability to secure financing. The buyer is responsible for any appraisal gap.

Post-Auction Procedures: After the auction closes, the successful Bidder must sign and return the purchase contract and any other required documents electronically within 24 hours.

Deposit: The successful bidder must provide a $2,500 deposit (earnest money) via electronic transfer.

Closing: The buyer must complete the purchase within 30 days of the auction.

Seller's Obligations: The seller will cover the costs of the owner's title insurance, deed preparation, conveyance fee, and the proration of real estate taxes.

Buyer's Premium: A 10% Buyer's Premium will be added to the final bid to determine the final purchase price.

Please see the Frequently Asked Questions and Advantages of Competitive Bids for more details.

Auction Ohio Real Estate

7461 Worthington Galena Road

Worthington, OH 43085

Bill Evans, Auctioneer/Realtor®

(614) 975-0960

billevans@auctionohio.com

Grant Phipps Auctioneer/Realtor®

(614)-420-1225

grantphipps@auctionohio.com