*The property sells with a minimum opening bid of $65,000.
*The required deposit is $10,000.
*In the case of an online purchase, the successful bidder will be required to directly deposit the required amount into the trust account of Ohio Real Estate Auctions at any Chase Bank branch OR initiate a wire transfer to said trust account by 5:00pm the day of auction. Purchaser may also have the deposit charged to the credit card provided at the time of registration with a 4% processing fee added to the deposit amount. ACH deduction is also available with no additional cost by providing your bank account information to the PSO. This method is highly recommended. If deposit has not been made by 12:00pm the day following the auction, the credit card provided at the time of registration will automatically be charged along with the 4% processing fee.
*The real estate is sold As-Is with no contingencies. All inspections (if available) must be done prior to Auction.
*Close within 30 days of sale.
*A 10% buyer's premium will be added to the high bid to obtain the final selling price.
*Buyer pays all closing costs.
*Bid increment for Online Bidding is $100.
*When you place a bid, you can place a "Maximum Bid" and the software will bid for you in $100 increments. You will be notified by email and text if you are out-bid.
*Bid Extensions: If a bid is received within the last 5 minutes of the Auction end time, bidding will extend for a 5-minute period of time. Bid extensions continue until all bidding is exhausted.
*Default: Be aware, if you are unable to close within 30 days of sale, your deposit is non-refundable, and you could be liable for other costs.
Deposit and Closing:
Close within 30 Days of sale. Closing will take place at Citizens Land Title in Circleville, Ohio.
Realtor showings and cooperation is encouraged. For full compensation you must contact and register your buyer with Tyler D Pritchard Auctioneer | Real Estate Agent, Before your clients contact us in any manner. All non registered buyers will be considered self represented.
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