485 W, Main Rd. (US-20), Conneaut Ohio 44030 Real Estate Auction Terms & Conditions *Online ONLY Bidding *Bidder Registration: All bidders are required to be registered for this Auction and Provide Verified Credit Card registration on Hibid.com. *Buyers Contract: All Real Estate is sold "AS-IS, WHERE-IS" with no warranty, guarantee, or Contingencies expressed or allowed of any kind. The Seller(s) WILL NOT make any Repairs to this Property What-so-ever. A bid is a legal binding contract. Buyers are responsible for honoring their purchases. There are and will be no financing contingencies. *There is a 10% Buyer's Premium in effect for this Real Estate Auction. 10% of the high bid will be calculated and added on to determine the final contracted selling price of the real estate. This property is being sold at Public Online Only Auction, without recourse. Personal on-site inspection of the property by purchasers is strongly recommended. Bidders and Buyers are Strongly Encouraged to do their own Due Diligence on all Real Estate Auctions performed by the Auction Firm. *Bidders/Purchasers are agreeing to sign and acknowledge all required documents presented at and after the auction. Broker hereby acknowledges that it represents the seller. An Agency Disclosure Statement must be signed by the high bidder/Purchaser and the seller in accordance with Ohio law. *This Real Estate Auction is being held as a "Reserve Auction" and is Subject to the Confirmation and acceptance of the High Bid by the Seller. Minimum Bid required for this Property Auction is $69,000.00 USD. *Purchaser shall be responsible for deed preparation fees, recording fees, transfer tax, and all other closing costs associated with the Real Estate. Parcel #123240006700 .65+/- acres AND Parcel #123240006600 8.5+/- acres. Taxes without Homestead Exemption will be $2,869.58 annually According to the Ashtabula County Auditor's Website and pro-rated on that amount to date of closing. Seller will provide a General Warranty Deed. *Ten percent (10%) of the total purchase price (inclusive of the buyer premium) shall be deposited by the purchaser Immediately following (Within 24 Hours) the auction as a non-refundable down payment, by means official bank check, or wire transfer Made out to Competitive Title. This non-refundable down payment will be applied to the purchase price at closing and will be held in the trust account of Competitive Title. * Closing will take Place within 30 Days or Less of the Close of the Auction. Purchaser may request a closing extension in writing and Extensions may be agreed to by the Seller at a cost of an additional $200 per day. *Purchaser agrees that Possession will be given Day of Closing. *Closing shall take place at Competitive Title, 23611 Chagrin Blvd., Beachwood, Ohio 44122 or at another title company agreed to by the Seller. *Purchaser acknowledges that they have had the opportunity to fully inspect the property prior to the auction and has Fully Read a copy of these "Real Estate Terms and Conditions". *Purchaser acknowledges and agrees to be bound by all these Real Estate Auction Terms and Conditions and acknowledges that they cannot be altered except in writing and signed by all parties to the purchase contract. *Purchaser agrees that any disputes will be resolved in Astabula County, Ohio in the Common Pleas Court *OPEN HOUSE & INSPECTION: The property will be open for inspection on Friday JUNE 4, 2021 from 12pm to 4pm ONLY. Other showings are NOT Available. Please call Warner L. McConaughey Realtor/Auctioneer EXP Realty. 440-554-9853. * There is a 2% Co-Broker Commission Being offered on this Real Estate Auction ON BID AMOUNT OF YOUR CLIENT and ONLY IF your Client is the Winning Bidder AND Seller Confirms and Accepts the High Bid. Broker/agent MUST have a "Buyer Broker Registration Form" on File with Auctioneer/Auction Company NO LATER than 24 Hours Prior to the Close of the Online Only Auction. For Company Form Contact, Warner L. McConaughey Realtor/Auctioneer EXP Reality / Legacy Auction Services, Inc. at 440-554-9853.

Online Only Real Estate Auction 485 W. Main Rd. Conneaut, Ohio. Bidding Closes July 7, 2021 at 4PM Eastern Time.