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

Akron, OH Office Building. 3,328 SF, Starting at ONLY $33,000


More Information

Foreclosure Auction of Summit County Commercial property. Built in 1963, on 2.75 acres, has 3,328 Sq. Ft. The most current use, was an office building.

MUST SEE, attend one of our open houses!

Wednesday 1/9/2019 4pm to 5pm

Saturday 1/19/2019 12pm to 1pm

Lot Size: 3328 Sq Ft on 2.75 Acres

Annual Taxes: $2,536.40


Plaintiff

THE HUNTINGTON NATIONAL BANK

Defendant Name

PARKSIDE MANAGEMENT GROUP, LLC, et al

Attorney

Wade T. Doerr

Viewing Dates

Wednesday 1/9/2019 4pm to 5pm

Saturday 1/19/2019 12pm to 1pm


Property Map


Lead Auctioneer

Eric Davidson
Email Eric

W: 614-314-0940


Directions:

From I-76 East

Take exit 21c for OH-59 E toward Dowtown

Take OH-261/Opportunity Pkwy exit toward V Odom Blvd

Take Opportunity Pkwy/Vernon Odom Blvd, to Mallison Ave.

The building will be on the left


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 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 deedgiven 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.

 

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