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

Performing foreclosure auctions and judicial
sales for banks and municipalities

Ohio's Private Selling Officers

Medina Commercial Condo


More Information

Lot Size: .08 Acres

Annual Taxes: $7,371


Plaintiff

ZB NA DBA Zions First National Bank

Defendant Name

Daniel J. Mayer et al

Attorney

Jeremy R. Mason

Viewing Dates

AUCTION CANCELLED ON 3-13-18


Property Map


Lead Auctioneer

Barry Baker
Email Barry

W: 937-581-3037
F: 614-635-3474


Directions:

From Medina, go North on 42 past Wal-Mart and Kohls to Right on Stonegate to Right on Jefferson. Turn left into the first complex.


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 $199,334.

*The required deposit is $10,000.

*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 by 5 PM the day of 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 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.

*Bid increment for Online Bidding is $100.

*When you place a bid, you can place a "Max Bid" and the software will bid for you in $100 increments. You will be notified by email if you are out-bid.

*Bid Extensions: If a bid is received within the last 5 minutes of the Auction end time, bidding will extend for a 5-minute period of time. Bid extensions continue until all bidding is exhausted.

*Default: Be aware, if you are unable to close within 30 days of court confirmation, your deposit is non-refundable, and you could be liable for other costs and possibly be found in contempt of court.

 

Realtor Participation:

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