A) The real estate sells ‘AS IS’
B) Property sells with a $520,000 RESERVE (or minimum opening bid); based on 2/3 of the $780,000 Court appraisal.
C) Pursuant to Common Pleas Court of Summit County, Ohio, General Division, Case No. CV-2021-09-3000; the property is being sold by Chris Davis of Auction Ohio, the Court Appointed Private Selling Officer (or “PSO”).
D) Within (48) hours of the close of the auction, the successful bidder must make a nonrefundable deposit of $52,000 payable by cashier’s check, certified check or wire transfer. Buyer to proceed to close within (30) days the Court’s approval of the Confirmation of Sale.
E) Buyer acknowledges receipt of ALTA commitment of Title Insurance (Commitment Number: GLC2100620))
F) Seller pays for preparation of deed and real estate taxes will be paid current to the date of the auction. Buyer pays conveyance fees, recording fee, Buyer’s portion of title agency closing fee, and title insurance.
G) There is a 10.0% Buyer’s Premium charged to the Buyer & collected at closing.
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