Bidding starts at $66,000 for this 2 story condo with 2 bedrooms, 1.5 bath, carport, built in 1966, 870 SF, fenced rear patio, access to pool, last purchase price was $112,500 in 2004. Comparable sales are around $90,000. Annual taxes are $1,810. Condo fee of $312 per month covers Heat, water, sewer, trash, common areas including the pool and clubhouse.
LEAD AUCTIONEERBarry Baker
Henderson Rd. to S. on Reed to Left on Lane Rd to Left on Sussex to Right on Oak Hill to Left on Lafayette. This entrance has a gate. OR
From Kenny Rd. just N. of the Ohio State University Golf Club turn Left on Windham to Right on Carriage Hill Ln to Left on Lafayette. This is an un-gated entrance.
*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 appraised value.
*In the case of a tax-lien foreclosure, the opening bid is the aggregate of the tax certificate, interest, court costs and current tax proration.
*The required deposits are as follows:
$2,000 for properties appraised for $10,000 or less.
$5,000 for properties appraised between $10,000 and $200,000.
$10,000 for properties appraised over $200,000.
*If the property is being sold at a physical location, the buyer will immediately write a check for the required deposit. If there are no bids at an on-site auction there will be a second auction between 7-30 days later. The second auction will be offered regardless of price.
*If the property is being sold Online, the successful bidder must wire or directly deposit the required amount 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 with no contingencies. All inspections (if available) 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 http://www.ohiosheriffsales.com/download_forms for the form.
*A 10% buyer's premium will be added to the high bid to obtain the final selling price.
*Buyer pays all closing costs.
*Private Selling Officer deed or equivalent given at closing with no liens or back taxes.
*The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover.