Second Sale Date:
Monday, November 30th
More Information
Court Ordered Auction of Real Estate
State of Ohio, Wayne County
BENCHMARK BANK
vs.
SHERMAN J. SAMPSON et al.,
Wayne County Common Please Court Case
# 2014-CVE-E 000208
37 FRONT ST, RITTMAN OH, 44270
Wayne County PID 63-00897.000
August 25, 2014 @ 3:30 P.M. on site
The property has been appraised for 26,000.00 and sells with a minimum bid of $17,334.00 + 10% buyer’s premium. Check or cash in the amount of 10% of the sales price is due immediately following the auction which will become your non-refundable deposit if you are the high bidder. This property is being sold as-is with no contingencies. All inspections must be done prior to auction. Close within 30 days of court confirmation, buyer pays all closing costs. Auctioneer’s deed will be given at closing with no liens or delinquent taxes.
LEGAL DESCRIPTION
File No.: 01353-3681
Situated in the County of Wayne, in the State of Ohio and in the City of Rittman:
And known as and being Lot No. 221 in the C.H. Hickin Addition to the City of Rittman, according to the schedule of renumbering of lots made in the aforesaid City in the year 1915. As shown in the Plat Volume 2, Page 241 of the Wayne County Records.
Permanent parcel Number: 63-00897.00
Prior Instrument Reference: OR 602, Page 2134, Wayne County Office Records
Said property is known as 37 Front St. Rittman OH, 44279 for street numbering purposes.
Ronald W. Denney, Auctioneer
(937)572-4468
Lot Size: Lot size is 56x84
Annual Taxes: $574.00
Plaintiff
Benchmark Bank
Defendant Name
Sherman J. Sampson
Attorney
Jonathon Veley
Viewing Dates
30 Minutes prior to the auction
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:
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.