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

9920 SF Block building with common wall dividing 2 mirrored spaces of 4000 Sf of warehouse and 960 SF of office.  One section was built in 1983 and the second section was added in 1985.  Each side has a dock height roll up door.  Total lot SF is .96 acres (41283sf).  There is ample parking with gravel covering majority of lot.  Building has 2 ground level roll up doors on the north side. There is security lighting on all sides of the building.  Ingress/egress is possible at the NE, SE and SW corners of the lot providing easy pull through for trucks.


Plaintiff

Fifth Third Bank

Defendant Name

Sklare Realty & Management, LLC, et al.

Attorney

Patricia L. Hill - Statman, Harris & Eyrich, LLC

Viewing Dates

10/9/12 11am to 12noon

10/16/12 2:30-3:00pm (auction day)


Property Map


Lead Auctioneer

Tim Lile
Email Tim

W: 937-689-1846


Directions:

From I-76 merge onto OH-8N at Exit 23B toward Cuyahoga Falls. In 2.7 miles, take Exit 3-B toward OH-261/Tallmadge Ave./OH-8-Alt N.  Stay straight to go onto Gorge Blvd.  Take 1st right onto E Tallmadge Ave./OH-261.  In 2.2 miles, turn right on Carmen Road.  65 Carmen Road is on the right.


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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