Auction Terms:

 All properties sell absolute, subject to no minimum and no reserve. A $5,000.00 non refundable deposit is to be collected from the winning bidder(s), for each property purchased at the conclusion of the auction by personal check if purchased at the live auction, direct deposit into our JPmorgan Chase trust account if purchased online. Contract signature and deposit must be made by 5 PM the day of Auction. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close on or before September 24, 2021. Occupancy will be given at closing, subject to tenant’s rights. Security deposits will not convey. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Short tax proration. Buyer pays all closing costs. Administrator’s deed given at closing with no liens or back taxes.

When you place a bid, you can either place the minimum required bid or you may place a "Maximum Bid". If you place a maximum bid and hit the submit button, a box will pop up explaining the process and the software will bid for you in the increments stated above. If someone bids within the final 5 minutes of the Auction, the ending of the Auction will be extended by 5 minutes until all bids have been placed.

Closing: Transactions must close on or before September 24, 2021 with Ohio Real Estate Title. Contact Theresa Hartley at thartley@oret.com for closing cost estimate.