This is a foreclosure auction ordered by the Erie County Common Pleas Court. The foreclosure process clears all liens and encumbrances on the property.
The property sells with a minimum opening bid of $16,000, as set by the Court Order. A 10% buyer's premium will be added to the high bid to obtain the final selling price.
The buyer will immediately write a check for $5,000 as a deposit on the property. If there are no bids at the auction on March 8th, there will be a second auction conducted on March 15th @ 2:30PM at the same location as the first auction (on-site). The property will be offered at the second auction subject to no minimum bid, and will sell to the highest bidder subject to Court confirmation.
The real estate is sold As-Is, Where-is with no buyer contingencies for financing, inspection or otherwise. All desired inspections (if avaiable) must be completed and necessary financing arranged prior to auction day.
Balance and closing required 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.
Private Selling Officer deed or equivalent given at closing with no liens or back taxes.
Buyer pays all closing costs.
The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover.
By order of Erie County Common Pleas Court, Case # 2016 CV 0203, Civista Bank vs. Raymond M. Notestine, et al.
Auction Date: Wednesday, March 8th at 2:30PM On-site
Address: 316 West Follett Street, Sandusky, OH 44870
Auction will be held on-site at the subject property on the date and time specified. There will be no open inspection.
Legal Description of Real Estate:
Situated in the City of Sandusky, County of Erie and State of Ohio:
Being Lot Number Eight (8) on Follett Street in C.F. Hartman's Subdivision, in the City of Sandusky, Erie County, Ohio as per Plat recorded in Volume 3 of Plats, Page 24, Erie County, Ohio Records.
Tax ID No.:57-02898.000
Property Address:316 W. Follett Street
Sandusky, OH 44870
Prior Deed Ref.Erie County Deed Volume 497, Page 485
Disclaimer: All 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 ommissions 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.