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

Lewis Center Foreclosure Auction


More Information

Delaware County Foreclosure Auction. Case# 17 CV E 09 0547. Union Bank Company vs. Schlater Family Homes, LLC et al. The address is 7682 Holderman St., Lewis Center, OH  43035.  See www.OhioSheriffSales.com for full info and legal description. The Auction will be held on site at the subject property. The first sale will be September 20, 2018 at 11:00 A.M., on-site at the subject property.  If there are no bids, a second sale will take place at the same location with no minimum bid on October 4, 2018 at 11:00 A.M..  A deposit of $10,000.00 is required for either sale. The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover.

Annual Taxes: $6,306


Plaintiff

Union Bank Company

Defendant Name

Schlater Family Homes LLC, et al

Attorney

Jonathon Veley

Viewing Dates

No interior viewings. Please do not trespass


Property Map


Lead Auctioneer

Ron Denney
Email Ron

W: 937-572-4468


Auctioneer

Tim Lile
Email Tim

W: 937-689-1846


Directions:

US 23 to east on Orange Rd. to south on Holderman St.


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.

 

Realtor Participation:

See Realtor Registration Form in Documents section

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