Second Sale Date:
Tuesday, June 25th @ 5:00 PM
More Information
Wood County Foreclosure Auction. Case# 18-CV-520. The Union Bank Company vs. Gregory J. Reinhart, et al. The address is 0 Custar Rd. Weston, OH, 43569. (45.317 acres at the north east corner of Custar and Portage Rd.). MILTON TOWNSHIP. The Auction will be held at Sonlight Community Center, 19920 Sand Ridge Rd., Weston, OH 43569. The first sale will be June 11, 2019 at 5:00 PM. If there are no bids, a second sale will take place at the same location with no minimum bid on June 25, 2019 at 5:00 PM. 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.
Lot Size: 45.31 Acres
Annual Taxes: $1,849.00
Plaintiff
The Union Bank Company
Defendant Name
Gregory J. Reinhart
Attorney
Christy Prince
Viewing Dates
Vacant land, view at your convenience. Please do not trespass.
Property Map
Lead Auctioneer
Ron Denney
Auctioneer
Tim Lile
Directions:
Property is located at the north east corner of Custar Rd. and Portage Rd.
Basic Terms:
*This is a Foreclosure Auction ordered by the Wood 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 $219,000
*The required deposit is $10,000.00
*Deposit for an onsite auction will be required by check or cash immediately at the conclusion of the auction.
*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.
*Provisional Auction Date: In the event the minimum bid is not achieved on the first auction date, a second auction will take place on June 25, 2019 @ 5:00 PM at the same location as the first auction.
*Buyer pays all closing costs.
*Private Selling Officer deed 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. (This would typically only be in effect for a property that sells for less than the amount of taxes that are owed.)
*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.