Online Only Real Estate Auction
Fixer Upper Ranch Home on 1 Acre – Great Location
Online Only Real Estate Auction
Bidding will end Wednesday, March 6th @ 5PM
Fixer Upper Ranch Home on 1 Acre – Great Location
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*Bidding available @ RES.bid*
Property is located at 931 Township Road 1104, Ashland. From Ashland take 511 North to Township Road 1104. Watch for RES signs.
Real Estate: With an ideal location, this ranch home sits on just over an acre with an attached 2-car garage. The 836 square feet of living space features a bedroom, full bath, kitchen, and a family room with a pellet stove. The home also offers fuel oil heat and has an updated water softener. You will like the setting of the home tucked off the road and just the right amount of open yard to make maintenance easy yet large enough for the weekend shenanigans. Considering its excellent location, this home has the capability of becoming your forever home or a great investment. No matter your intentions, come with an open mind and see what your personal renovations could turn this property into.
Private showings available through Andy White, 419-651-2152.
Taxes/Legal: Ashland County Parcel Number I27-005-0-0004-00 located in Montgomery Township & Mapleton Local School District. The current annual taxes are $1,056.28 and will be prorated to the date of closing.
Terms: The successful purchaser(s) will be required to pay a non-refundable 10% down payment at the conclusion of the auction with the balance due at closing within 45 days. A 10 % buyer’s premium will be added to the final bid to determine the purchase price. Any desired inspections need to be made prior to the auction. The online bidding will end at 5 PM on March 6th extending bidding in place. Contact RES for details.
Andy White 419-651-2152 – Mary Hartley – Adam Welch – Jake White – Brock Rader
By Bidding you agree to the following:
A 10% Buyer’s Premium applies to all purchases
Any desired inspections must be completed prior to bidding. This purchase agreement is not contingent upon the satisfactory state of any inspections required after the date of the auction
Sellers will provide a marketable deed and convey the property as per terms of the Real Estate Purchase Agreement
Property Sells “AS IS”
Property sells subject to to articles in the present Deed, Title, and any articles or notices of public record
Buyer will pay CAUV tax recoupment if any, due and payable after deed conveyance
Seller, through Seller’s title agency, shall provide to Buyer: Fiduciary Title, The Escrow Agent shall be chose by the Seller, however, if required as a condition of the load, the Escor Agen shall be chosen by Buyer’s Lender
Seller shall pay for the cost of the title search, deed preparation and county conveyance fees. Seller an Buyer shall each pay one-half of the Escrow Agent’s standard closing fee. If an owner’s policy of title insurance is selected, the buyer and seller will split the owner’s title insurance 50/50, including, without limitation, the additional cost of the premium for usance of an owner’s policy, the cost of a loan policy, title endorsements, location survey, or other items required by Buyer, or Buyer’s lender. Buyer shall pay for all recording fees. Real Estate Showcase advocates the use of title insurance in all real estate transactions.
Acreage and frontage amounts, including lot markers, are approximate and subject to final survey. (If required)
RES requires a nonrefundable down payment of 10% of the purchase price at the time of purchase. The sale is not subject to any contingencies for financing.
Earnest Money Deposit is NONREFUNDABLE; the contract contains no provisions for contingency on financing. In bidding, you are asserting you have the fundings to close. In the even Buyer does not close in compliance wit the terms of this purchase agreement, all earnest money shall be forfeited and paid to the Seller as liquidation damage.
Buyer agrees to indemnify and save harmless RES, its employees and agents, from any liability stemming from any incorrect information given or any material information Seller fails to disclose whether or not known by the Seller at the time of the execution of the purchase agreement.
Property sells subject to any announcements made day of sale.
