A division of Ohio Real Estate Auctions
1-877-BID-OHIO (243-6446) 

Performing foreclosure auctions and judicial
sales for banks and mortgage servicers

Ohio's Private Selling Officers

FORECLOSURE AUCTION IN ASHTABULA CO. MINIMUM BID $14,667


More Information

$14,667 opening bid! Court ordered foreclosure auction. This home has 4 bedrooms with a 1/2 bath in the master bedroom, living room and family room, 2 fire places, finished basement and 2 car garage. This home needs some TLC but is the cheapest house on the street. Comps on the street typcially sell for over $100,000. Built in 1977 with a .53 acre lot and 1,492 Sq Ft.

Lot Size: 1492 Sq Ft on .53 Acre Lot

Annual Taxes: $1,852.48


Plaintiff

United States of America Through the USDA

Defendant Name

Julian C. Leverett, JR., et al

Attorney

Gilbert L. Rieger, #0001561

Viewing Dates

For viewings, call the Agent, Eric Davidson 614.314.0940


Property Map


Lead Auctioneer


Auctioneer

Barry Baker
Email Barry

W: 937-581-3037


Directions:

From I-71 take I-271 North to I-90 East to OH-45 South toward Ashtabula, turn right onto River Glen Dr. continue onto E River Glen Drive. Your destination will be on the right. Look for the auction signs.


Basic Terms:

*This is a Foreclosure Auction ordered by a County Common Pleas Judge. The foreclosure process clears all liens and encumbrances on the subject property.

*The property sells with a minimum opening bid of 2/3 of the appraised value.

*In the case of a tax-lien foreclosure, the opening bid is the aggregate of the tax certificate, interest, court costs and current tax proration.

*The required deposits are as follows:
$2,000 for properties appraised for $10,000 or less.
$5,000 for properties appraised between $10,000 and $200,000.
$10,000 for properties appraised over $200,000.

*If the property is being sold at a physical location, the buyer will immediately write a check for the required deposit. If there are no bids at an on-site auction there will be a second auction between 7-30 days later. The second auction will be offered regardless of price.

*If the property is being sold Online, the successful bidder must wire or directly deposit the required amount into the Chase Bank trust account for Ohio Sheriff Sales within 24 hours of the end of the auction. Credit cards may also be taken for the deposit along with a 3% processing fee.

*The real estate is sold As-Is with no contingencies. All inspections (if available) must be done prior to Auction.

*Close within 30 days of court confirmation.

*No contract is signed after the auction. A one page buyer information form is the only document that is required by the court. See http://www.ohiosheriffsales.com/download_forms for the form.

*A 10% buyer's premium will be added to the high bid to obtain the final selling price.

*Buyer pays all closing costs.

*Private Selling Officer deed or equivalent given at closing with no liens or back taxes.

*The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover.

 

Realtor Participation:

Realtor showings and cooperation are encouraged if the property is vacant and on lock box. For full compensation instructions, see http://www.ohiosheriffsales.com/realtors Please call Auctioneer to schedule all showings.

Number of Times Viewed: 592