Auction canceled pending Bankruptcy
860 Sq. ft., 2 Bedroom, 1 Bath, Single-story home on 7.48 acres. Built in 1920 over a crawl space. 30x40 metal pole-building added in 2004.
Tax Appraised at $89,360.
Minimum Bid: To be determined upon receipt of Sheriff's appraisal.
Tim Lile, CAI ~ Private Selling Officer
Lot Size: 860 SF on 7.48 Acres
Annual Taxes: $1,068.50
Peoples Bank, successor in interest by merger to The First National Bank of Wellston
Matthew L. Whetstone, et al.
Malinda L. Langston
To be determined
To be determined
Lead AuctioneerTim Lile
*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 Sample Form in the "Documents Section of this listing.
*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 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.