More Information
ONLINE ONLY FORECLOSURE AUCTION
2708 Southwood Road
Toledo, Ohio 43614
Bidding Ends
Wednesday, March 11, 2020 @ 12:00pm
Property Description: 1,158+/- SF, 3 Bedroom, 1.5 Bath 2-Story home built in 1962 over crawl space on .1515+/- acre platted lot. Includes 1-car attached garage.
Lucas County PID: 1443451
Tax Appraised Value: $79,200
Minimum Bid ONLY $36,667
Case Information: Lucas County Case #G-4801-CI-0201903507-000; The Huntington National Bank, successor in interest by merger to Sky Bank vs Sue Ann Gray, et al.
ONLINE BIDDING NOTES:
Bid Increment: online bidding increments for this auction is $100.
Max Bid: When you place a bid, you can place a "Max Bid" and the automated bidding software will bid for you in $100 increments up to your maximum. You will be notified by email if your maximum is out-bid by another bidder.
Bid Extensions: If a bid is placed in the last 5 minutes before the scheduled auction end time, bidding will extend for an additional 5 minutes. Bid extensions will continue until a 5 minute period of time elapses after the stated auction end time with no advance in the bidding.
Tim Lile, CAI - Private Selling Officer
(937)689-1846
Tim@OhioSheriffSales.com
Disclaimer: Information contained herein was obtained from sources deemed reliable. However, neither Ohio Sheriff Sales, LLC, Auctioneers, nor their agents will be responsible for any errors or omissions 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: 1,158+/- SF on .1515+/- acre platted lot.
Annual Taxes: $1,494
Plaintiff
The Huntington National Bank, successor in interest by merger to Sky Bank
Defendant Name
Sue Ann Gray, et al.
Attorney
Carlisle Law
Viewing Dates
Contact Tim Lile - Private Selling Officer
Property Map
Basic Terms:
* This is a Foreclosure Auction ordered by the Lucas County Common Pleas Court. The foreclosure process clears all liens and encumbrances on the subject property.
* The property sells with a minimum opening bid of $36,667.
* The required deposit is $5,000.
* Successful bidder will be required to directly deposit the required amount into the trust account of Ohio Sheriff Sales at any Chase Bank branch OR initiate a wire transfer to said trust account by 5:00pm the day of auction. Purchaser may also have the deposit charged to the credit card provided at the time of registration with a 4% processing fee added to the deposit amount. ACH deduction is also available with no additional cost by providing your bank account information to the PSO. If deposit has not been made by 12:00pm the day following the auction, purchaser automatically authorizes the required deposit amount be charged to the credit card provided at the time of registration plus the 4% processing fee.
* The real estate is sold As-Is with no contingencies.
* Closing required within 30 days of court confirmation.
* No contract is signed after the auction. A one page Purchaser Information Form is the only document that is required by the Court. See Documents section of this listing 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.
* Provisional Auction Date: In the event the $36,667? minimum bid is not achieved on the first auction date, a second online auction will take place on the same website ending on March 19, 2020 @ 12:00pm subject to no minimum bid.
* The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover.
* BUYER 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 penalties including possible being found in contempt of court.