Second Sale Date:
Monday, November 30th
More Information
This is a foreclosure auction ordered by the Miami County Common Pleas Court. The foreclosure process clears all liens and encumbrances on the property.
The property sells with a minimum opening bid of $15,000 which is a reduction of the original Court appraised value of $50,000.
The successful bidder must wire or directly deposit the required amount of $5,000 into the Chase Bank trust account for Ohio Sheriff Sales by 5pm 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, Where-is with no buyer contingencies for financing, inspection or otherwise. All desired inspections (if avaiable) must be completed and necessary financing arranged prior to auction day.
Balance and closing required 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.
Private Selling Officer deed or equivalent given at closing with no liens or back taxes.
Buyer pays all closing costs.
The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover.
By order of Miami County Common Pleas Court, Case # 16-CV-00532, Civista Bank FKA The Citizens Banking Company, vs. Michael S. Henderson, et al.
Address: 1050 S County Road 25-A, Troy, OH 45308
Parcel No: C06-081905
See the Documents section for the Legal Description and any other additional information.
Disclaimer: All information contained herein and in the Property Information Packet was obtained from sources deemed reliable. However, neither Ohio Sheriff Sales' Auctioneers nor their agents will be responsible for any errors or ommissions regarding information provided by same. Announcements made at the auction will take precedence over written material or any other statements made prior to the auction. Buyers should carefully verify all information and make their own decision as to the accuracy thereof before relying on same.
Lot Size: 1.289 Acres.
Annual Taxes: $2,257
Plaintiff
Civista Bank
Defendant Name
Michael S. Henderson, et al.
Attorney
Dennis Morrison
Viewing Dates
Vacant land. Preview at your convenience.
Property Map
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:
None.