Court Ordered Real Estate Auction Tuesday, November 3rd @ 2:30pm
Auction held on-site at:
1135 Fremont Street, Bucyrus, Ohio 44820
Crawford County Common Pleas Court Case # 14CV0323
Acting Through Rural Development United States of America, United States Department of Agriculture (USDA), Plaintiff
V Linda L. Potter, Defendant
Online PRE-BIDDING at www.BidNowllc.com Closes 11/3 @ 2:25pm Winning Pre-bidder will be contacted by phone to participate in the live auction
1,580 SF, 3 Bedroom, 1 Bath, 1.5-Story Home built in 1900 with full basement and 2 car detached garage on 80’ x 160’ double lot. Tax Appraised at $74,340. Minimum Bid ONLY $29,334!
Lot Size: 1,580sf on 80 x 160 Lot
Annual Taxes: $ 2,372.40
LEAD AUCTIONEERTim Lile
This is a Foreclosure Auction ordered by a County Common Pleas Judge. The foreclosure process clears all liens and encumbrances on the subject property. The property sells with a minimum opening bid of 2/3 of the appraisal price. If the auction is a live on-site auction the high bidder will immediately write a check for 10% of the high bid as a non-refundable deposit which will apply towards the total purchase price at closing. If the property is sold Online Only, the successful bidder must wire or directly deposit the 10% into the trust account for Ohio Sheriff Sales within 24 hours of the end of the auction. In some cases the bidder may be required to deposit a certain amount prior to bidding. That amount would be refunded if the bidder is not the successful buyer. The real estate is sold As Is with no contingencies. All inspections 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 Property Information Package for the form. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Buyer pays all closing costs. Sheriff' deed or equivalent given at closing with no liens or back taxes.
Deposit and Closing:
Successful bidder will be required to deposit 10% of the total contract price by cash or check with proper ID PAYABLE to M & M Title Company which will be your non-refundable deposit if you are the successful bidder. Close within 30 days of Court Confirmation.
Realtor Participation: Commission available to Ohio Licensee representing a successful bidder who closes on transaction. To collect a commission, Realtor's must: 1) Register your bidder no less than 24 hours prior to auction See Realtor Registration Form; 2) Accompany your client to the scheduled Inspection; 3) Accompany your client to the auction; 3) Guide buyer to closing. NOTE: If bidding online, you must register your client prior to their registering online.