Absolute Auction of Bank Owned Real Estate
Sells to the Highest Bidder Regardless of Price!
No Minimum & No Reserve!
Auction Date: Thursday, September 19th @ 1PM On-site
Preview Date: Thursday, September 12th 12 Noon to 12:30PM and 30 minutes prior to auction. Private showings with your Realtor are also available.
Address: 519 N. Main Street, Fostoria, OH 44830
Parcel #: Seneca County PID# P51010850200000
Description: 3BR, 2BA, single family home. Built in 1900. 1,705 +/- square feet.
Basic Terms: Sells Regardless of Price to the Highest bidder. Property sells as-is with no buyer contingencies for financing, inspections or otherwise. Clean deed at closing with NO liens or delinquent taxes. 10% buyer's premium will be added to the high bid to obtain final contract selling price. Short proration of taxes. Buyer pays all closing costs.
Deposit and Closing: In order to register to bid you must bring a CASHIER'S CHECK MADE PAYABLE to Ohio Real Estate Auctions in the amount of $3,000 which will be your non-refundable deposit if you are the high bidder. Checks will be immediately returned to all non-winning bidders. Closing must be within 30 days after the Auction.
Realtor Participation: Realtor showings and cooperation are encouraged. For full compensation instructions, see Realtor Registration form at www.OhioRealEstateAuctions.com Please expect no exceptions to the minimal requirements outlined below. Please call Auctioneer to schedule all showings.
To collect a commission, licensed real estate agents/brokers must:
1) Conduct a showing on the property,
2) Register your bidder no less than 48 hours prior to the auction on the approved form located in the Realtor’s Section of www.OhioRealEstateAuctions.com,
3) Present a written opening bid on behalf of your client. NOTE: You will receive 3% of the written opening bid if you represent the successful bidder.
4) Accompany your client to the auction.
Seller: The Huntington National Bank
Auctioneer: Michael Hoffman
Broker: Ohio Real Estate Auctions, LLC
Disclaimer: Information contained herein and in the Property Information Packet was obtained from sources deemed reliable. However, neither Ohio Real Estate Auctions, 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.