This is a foreclosure auction ordered by the Miami County Common Pleas Court. The foreclosure process clears all liens and encumbrances on the property.
Bids will only be accepted through this website. Bidding will open a minimum of 7 days prior to the auction beginning to end on December 21st at 12PM (soft close until all bids are in).
The property sells with a mnimum opening bid of $33,334, which is 2/3 of the Court appraised value of $50,000.
A 10% buyer's premium will be added to the high bid to obtain the final selling price.
As the proeprty is being sold online only, the successful bidder must wire or directly deposit the required amount of $5,000 into the Chase Bank trust account for Ohio Sheriff Sales within 24 hours of the end of the auction. Credit cards may also be taken for the deposit along with a 3% processing fee.
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 Miami County Common Pleas Court, Case # 16-CV-00532, Civista Bank FKA The Citizens Banking Company, vs. Michael S. Henderson, et al.
Address: 1050 S County Road 25-A, Troy, OH 45308
Parcel No: C06-081905
See the Documents section for the Legal Description and any other additional information.
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.
Lot Size: 1.289 Acres