More Information
Live Foreclosure Auction
Sells Onsite @
659 Ridgefield Rd., Newark, Ohio 43055
Thursday, March 8th @ 10:00am
AUCTION CANCELED DUE TO BANKRUPTCY FILING
To be rescheduled!
(Online Bidding Ends @ 10:20)
Online Bidding Available Now!
Property Description: 900 SF 3BR, 1 Ba SFR built in 1958 w/ detached garage. Tax Appraised at $69,700. Minimum Bid Only $28,000
Licking County PID: 054-219906-00.000
Tax Appraised Value: $69,700
Minimum Bid: $28,000
Lot Size: 950 SF on platted lot
Annual Taxes: $1,111.52
Plaintiff
Peoples Bank National Association
Defendant Name
Louis A. Patterson aka Louie A. Patterson., et al.
Attorney
Knowlton, Bennet & Conaway
Viewing Dates
30 minutes prior to auction.
Property Map
Basic Terms:
* This is a Foreclosure Auction ordered by the Licking County Common Pleas Court. The foreclosure process clears all liens and encumbrances on the subject property.
* The property sells with a minimum opening bid of $28,000.
* Required deposit on Auction Day is $5,000
* 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 Purchaser Information Form attached in "Documents" section.
* 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 given at closing with no liens or back taxes.
* Provisional Auction Date: In the event the minimum bid is not achieved on the first auction date, a second auction will take place on Thursday, March 29th @ 10:00am subject to no minimum bid.
* The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover. In this instance, the stated minimum bid will cover all costs, allowances, and taxes.
Realtor Participation:
Realtor coop available. For full compensation terms and requirements, see "Realtor Registration Form" attached to this listing.