This is a court ordered foreclosure auction.
By order of Sandusky County Common Pleas Court, case # 13CV978, The Citizens Banking Company vs. Daniel J. Keegan, et al.
7475 E. SR 101, Clyde, OH 43410
Property description: a 1.62 acre parcel. Any mobile homes or structures that are not on permanent foundations do NOT convey. Buyer should view it as "land only". There are currently tenants living in mobile homes on the property and should not be disturbed. It will be the responsibility of the new owner to negotiate with any tenants. Neither the auctioneer or the bank have any contact information for tenants, rent rolls, or anything else related to any tenants.
Sandusky County Parcel # 04-25-00-0015-02.
Sells with a minimum opening bid of $5,000.00 plus 10% buyer's premium.
Auction will be held on-line only. See link to register to bid and place bids online. Auction will begin to soft close on Monday, November 23rd at 6PM until all bids are in.
Lot Size: 1.62 Acres per Auditor
Annual Taxes: $ 521.98
LEAD AUCTIONEERMichael Hoffman
Basic Terms for most Foreclosure Auctions:
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 document section of www.OhioSheriffSales.com 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's deed or equivalent given at closing with no liens or back taxes.
Deposit and Closing:
Close within 30 days of Court Confirmation.
There will be no open inspections on this property.