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ABSOLUTE, ON-LINE ONLY REAL ESTATE AUCTION
NO MINIMUM AND NO RESERVE
405 Pearl St.
Marion, OH 43302
AUCTION DATE : Wednesday, June 29, 2022 @ 10:00 AM
Marion County Parcel IDs: 123040006800
Description
This two story home features 3 bedrooms and 1 bath. The property is in need of rehab prior to occupancy. The lot size is 38’x159’. The property has been appraised by a popular online real estate service for $66,100.
Auction Terms: Sells to the highest bidder, regardless of price. A 10%, non refundable deposit is to be collected from the winning bidder at the conclusion of the auction by direct deposit into our JPmorgan Chase trust account or via credit card payment with a 3% surcharge. Contract signature and deposit must be made by 5 PM the day of Auction. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close on or before July 14, 2022. Occupancy will be given at closing. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Short tax proration. Buyer pays all closing costs. General warranty deed given at closing with no liens or back taxes.
Deposit and Closing:. Transaction must close on or before July 14, 2022, with Ohio Real Estate Title. Contact Veronica Riggs @ vriggs@oret.com for closing cost estimate.
Auctioneer: Ron Denney, CAI
(937) 572-4468
ron@rondenney.com
Lot Size: 38'x159'
Annual Taxes: $ 849.00
Property Map
Basic Terms:
Sells Regardless of Price to the Highest bidder with no minimums or reserves. 10% down by cash or check which will become your non refundable deposit. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close on or before July 14, 2022. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Short tax proration. Buyer pays all closing costs. General warranty deed given at closing with no liens or back taxes.
Deposit and Closing:
Buyers will close with Ohio Real Estate Title. Contact vriggs@oret.com for a closing cost estimate.
Realtor Participation:
No Realtor co-op on this auction.