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

Performing foreclosure auctions and judicial
sales for banks and mortgage servicers

Ohio's Private Selling Officers

Court Ordered Real Estate Auction


More Information

This is a court ordered foreclosure auction.

By order of Miam County Common Pleas Court, case # 13CV002, The Citizens Banking Company vs. Cari M. Kaylor, et al.
 
727 Elm Street, Piqua, OH 45356
 
Property description: 2BR, 1BA, single family home. Built 1947. 960+/- square feet per Auditor
 
Miami County Parcel # N44-034780
 
Sells with a minimum opening bid of $10,000.00 plus 10% buyer's premium. 
 
Auction will be held onsite at 1:00 PM on Tuesday, April 28th. 
 
Per half taxes: $470.72

Basic Terms for most Foreclosure Auctions:
 
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 appraisal price.
 
If the auction is a live on-site auction the high bidder will immediately write a check for 10% of the high bid as a non-refundable deposit which will apply towards the total purchase price at closing.
 
If the property is sold Online Only, the successful bidder must wire or directly deposit the 10% into the trust account for Ohio Sheriff Sales within 24 hours of the end of the auction.
 
In some cases the bidder may be required to deposit a certain amount prior to bidding. That amount would be refunded if the bidder is not the successful buyer.
 
The real estate is sold As-Is, with no contingencies. All inspections 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 document section of www.OhioSheriffSales.com for the form.
 
A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Buyer pays all closing costs. Sheriff's deed or equivalent given at closing with no liens or back taxes.


Plaintiff

The Citizens Banking Company

Defendant Name

Cari M. Kaylor

Viewing Dates

Property will be held open 30 minutes prior to auction only.


Property Map


Lead Auctioneer

Michael Hoffman
Email Michael

W: 614-314-0298


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:

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.

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