Reserve Price: The property has a reserve price of $175,000 (minimum bid).

Acknowledgment of Terms: All bidders must review and sign the Acknowledgement of Terms & Conditions document prior to bidding.

Property Condition: The property is sold in 'AS IS' condition. The Seller will not make any repairs or concessions, and there are no contingencies.

Debris and Personal Property: The Seller will not remove all debris and personal property by the date and time of the Buyer's possession.

Inspections: The sale is not contingent upon a satisfactory inspection. Bidders are encouraged to inspect the property before the auction ends.

Financing: The sale is not contingent upon the Bidder's ability to secure financing. The buyer is responsible for any appraisal gap.

Post-Auction Procedures: After the auction closes, the successful Bidder must sign and return the purchase contract and any other required documents electronically within 24 hours.

Deposit: The successful bidder must provide a $5,000 deposit (earnest money) via electronic transfer.

Closing: The buyer must complete the purchase within 39 days of the auction ( December 30, 2024)

Seller's Obligations: The seller will cover the costs of the owner's title insurance, deed preparation, conveyance fee, and the proration of real estate taxes.

Buyer's Premium: A 10% Buyer's Premium will be added to the final bid to determine the final purchase price.

Please see the Frequently Asked Questions and Advantages of Competitive Bids for more details.

Brian Hall (License # 2023000091) is licensed by the Ohio Department of Agriculture and bonded in favor of the State of Ohio. An aggrieved person may initiate a claim against the auctioneer’s bond in accordance with Section 4707.25 of the Revised Code as a result of the licensee’s actions.

Ohio Department of Agriculture

8995 E. Main Street, Bldg. 1

Reynoldsburg, OH 43068

Auction Ends: November 21, 2024 at 7 PM ($175,000.00 Reserve)

Auction Ends

Pickup

115 North Street, Russia, Ohio 45363

Auction #

9110282

Auction Title

Auction Ends: November 21, 2024 at 7 PM ($175,000.00 Reserve)

Preview

Open house #1 Monday October 28, 2024 from 12 -2 PM Open House #2 Monday November 18, 2024 from 12 -2 PM