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Real Estate Investment Ballroom Auction of 14 Properties
Previous Page Listing ID#: 68019
Auction Location |
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Toledo, OH 43606 |
Auction Dates and Times |
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Thursday Apr 26, 2018 Completed |
Auction Type |
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Live Auction with Online Bidding VIEW ONLINE CATALOG |
Company Information |
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Pamela Rose Auction Company, LLC Contact: Pamela Rose Phone: 419-865-1224 Email: info@pamelaroseauction.com Website: www.pamelaroseauction.com GoToAuction.com ID#: 2808 View company information and listings |
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Listing Terms and Conditions |
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ON-SITE BIDDERS:
TERMS: $2,000 deposit per property down day of auction in the form of Cashier’s Check, or approved Personal Check made payable to Greater Metropolitan Title. Cash deposits will be deposited with Ohio broker, Pamela Rose Auction Company, LLC. Deposit must be presented at time of registration. In the event that a participant is not the highest bidder, his/her check or cash will be returned to him/her immediately after the auction. Closing to be held on or before 30 Days of Auction.
The remainder of the below noted terms also apply to the on-site bidders.
ONLINE BIDDERS:
AUCTION REGISTRATION: The online registration form available at www.pamelaroseauction.com / Online Auctions / Real Estate will need to be completed. Next you’ll receive an email indicating you must provide proof of funds from your bank that you have sufficient funds to cover the required earnest money down payment before online bidding is enabled and you receive a bid number. This may be accomplished by faxing the proof of funds to 419-865-6594 or emailing to toni@pamelaroseauction.com at least 24 hours prior to the auction. Proof of funds consists of a copy, fax, or original of a current bank statement or brokerage statement in bidder’s name showing sufficient funds for a $2,000 earnest money deposit per property.
EARNEST MONEY REQUIREMENT: Winning online bidders must deliver earnest money via wire transfer or cashier’s check to Greater Metropolitan Title, immediately following the auction, in the amount of $2,000 per property. The successful online bidder will be notified immediately following the closing of the auction and emailed the Auction Purchase Agreement, to sign and return. Balance will be paid in full at closing on or before 30 Days of Auction.
TITLE: A guaranteed certificate of title will be provided at Seller’s expense giving marketable title subject to existing easements and restrictions. The Escrow Agent will be Greater Metropolitan Title; 3131 Executive Parkway Toledo, Ohio 43606; Karey Donley; 419-530-0001.
DOCUMENTS AVAILABLE: A bidder’s packet will be available online and will include Purchase Agreement, Agency Disclosure, Property Disclosures, and Lead Base Paint.
BROKER PARTICIPATION: Broker participation is welcomed - call for registration forms and guidelines at 419-865-1224 or obtain online under Resources.
BUYER’S PREMIUM: Properties will be sold with a ten (10%) percent buyer’s premium. The bid amount plus buyer’s premium equals the final purchase price.
AGENCY: Auctioneer is a seller’s agent.
website updates: Please refer to the website for updated information on occupancy, rents, or changes at www.pamelaroseauction.com.
DISCLAIMER: Announcements made day of auction take precedence over printed materials. All information in this brochure was derived from sources believed to be correct, but is not guaranteed. All property dimensions are only approximations. Buyers shall rely entirely on their own judgment and inspection of property and records.
Privacy Policy and User Agreement: To view our complete Privacy Policy and User Agreement, please visit our website at www.pamelaroseauction.com.
FRAUD ALERT: If you receive an email from this office requesting that you wire or otherwise transfer funds, to protect yourself, please confirm the request and any corresponding instructions by telephone with this office before you initiate any transfer. Email accounts of real estate professionals are targets of cyber criminals that use information in an attempt to initiate fraudulent wire requests.
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File Attachments |
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Auction Brochure |
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Multiple Properties – Bid On-Site or Live Online
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Auction License: 57198944189 |
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