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REHABBERS PARADISE
Previous Page Listing ID#: 25439
Auction Location |
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Cincinnati, OH 45207 |
Auction Dates and Times |
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Bidding Starts: Monday Oct 10, 9:00 AM Bidding Ends: Friday Oct 14, 12:00 PM |
Auction Type |
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Online Auction |
Company Information |
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Asset IQ Website: assetiqllc.com GoToAuction.com ID#: 2369 View company information and listings |
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Listing Terms and Conditions |
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AUCTION LOCATION. The property will be sold Online only. Online auction begins on October 10 @ 9:00AM and ends on October 14 @ 12:00 Noon.
AUCTION REGISTRATION. All bidders must register to bid at www.SempleSells.com and provide a valid credit card. The credit card used will only be charged if the winning bidder defaults (see DEFAULT below).
FREE & CLEAR DEED. The property shall be sold free of any lien with an insurable General Warranty Deed. Possession of the property will be immediate at closing and deed transfer.
BUYER PREMIUM/CONVENIENCE FEE. There will be a 10% buyer premium added to the high bid amount to determine the full purchase amount to be paid at closing. By example, if you’re the Purchaser at a high bid of $50,000, your contract purchase amount will be $55,000.
DOWN PAYMENT. Purchaser shall make a down payment of 10% of the full purchase amount on the property by wire transfer or cashier check only within 36 hours of auction conclusion, and acknowledge all requested/required paperwork. Required paperwork will consist of Purchase Contract, and Agency Disclosure. Copies of the required paperwork shall be available for review prior to the auction beginning on our website at www.SempleSells.com.
BIDDER DEFAULT. As a Bidder, placing a bid is a binding contract between you and the Owner/Seller and the bid cannot be retracted. Once you place a bid, and if you win, you will be obligated to close on the transaction at the said price you indicated as your bid, including the addition of the buyer premium. If the Purchaser fails to sign the Contract to Purchase at Online Public Auction, or fails to remit the required down payment with the contract, Purchaser hereby grants to auction firm a Limited Power of Attorney to sign on their behalf, making the contract valid and enforceable and the down payment is hereby authorized to be charged to the credit card used to register for the auction.
PURCHASE CONTRACT. A sample Contract To Purchase At Online Auction (“Contract”), along with any other State or Federally mandated forms, will be on the website for Bidders to review only. The completed contract and forms will be sent via email to the winning bidder within 24 hours of the auction conclusion for acknowledgement. The Purchaser shall sign the contract and forms and return via US Mail along with the down payment amount by wire transfer or cashier check within 36 hours of receipt. Note – if purchaser desires to wire transfer the down payment, please contact Cindy Chambers at 513.724.1133 for wiring instructions. Completed/signed contracts and down payments can be mailed to Semple International, Inc., 278 N. Third St., Williamsburg, OH 45176.
CLOSING. All closings shall be conducted at a title company, attorneys’ office, or bank licensed to do business in the State where the property is located. The costs of closing the transaction are the responsibility of the Purchaser. These costs include, but are not limited to, attorney/title company fees, deed preparation fee, transfer taxes, title exam, and title insurance (if desired). Seller shall pay all delinquent taxes (if any exist) as well as all tax prorations to date of closing.
Note: Techne Title Agency performed the preliminary title exam on this property. If you desire to save on some closing costs, they can conduct the closing with just a title update. Techne Title can be reached at (513) 831-3398, 400 Techne Center Dr # 400, Milford, OH 45150.
BUYER BROKER/AGENT REPRESENTATION. A 2% Buyer/Agent coop commission is available to all active Ohio licensed Brokers or agents. Broker/agents must register their clients with auction firm by Friday October 7, 2016 at Noon to qualify for co-op commission. No registrations will be accepted on day of auction conclusion. An acceptable Agent Representation form is available below.
BROKER / AGENT PARTICIPATION FORMS
AGENCY. The employees of Semple International, Inc. are acting solely as agents for the seller.
DISCLAIMER. Property is selling “as-is, where-is, with caveat emptor/all faults” and no warranties expressed or implied. Information contained herein was obtained from sources deemed reliable. Although every precaution has been taken to ensure accuracy, neither Seller, Semple International, Inc., nor their agents will be responsible for any errors or omissions herein. Bidders should carefully verify all information and make their own decisions as to accuracy thereof before submitting their bid(s). Property is subject to additions, deletions, and prior sale.
Auction Firm’s Note: Most of the information on the property was derived from the County Auditor Websites, previous appraisals, and other public information areas. The auction firm and its’ staff member(s) expressly disclaim any liability for erroneous information. Prospective Purchasers are encouraged to conduct their own research on the property.
Tony Giglio, Apprentice Auctioneer
513-505-5222
tony@semplesells.com
Brent Semple, CAI, AARE, CES
Directions:
For directions to the auction location please see the map quest link below.
Contact: Semple International
278 N. Third St.
Williamsburg OH 45176
Phone: 513-724-1133 or 800-783-6113
Fax: 513-724-1286
Email Web-page
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TIMED ONLINE REAL ESTATE AUCTION
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Auction License: 2012000209 |
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