Investors/Flipper- This is a great opportunity to turn this into a show piece and hit the hot price point buyers are looking for.
The Estate of Douglas A. Hammon, Nathaniel E. Spitler, Administrator is offering this real estate located at 312 Minneapolis, Defiance, OH 43512 to settle the estate. This one-story home with partial basement has aluminum siding, asphalt shingles, public utilities, gas boiler heat and was built in 1948. This home offers 2 bedrooms, 1 full bathroom, 1504 in living space. Covered back porch is an additional 408 square feet. This home is situated on 2 parcels. Defiance County Parcel #'s B014145011100, B014145011000. Lot size: (includes both parcels) 60x150 or .183 acres. Total property taxes: (includes both parcels) $418.64/half year.
Legal Description: Biede Place Addition Lot 16 & 17
This is a seller confirmation auction that requires the successful bidder to put down a $2000.00 earnest money deposit with the balance due within 30 days. Selling in the current "as-is" condition. Anything remaining inside the house will convey with the property. Immediate possession up successful closing and funding. All information deemed reliable but not guaranteed.
$5,000 down from successful bidder in the form of cashier's check made payable to Don Rose Auction & Realty. 10% buyer's premium will be added to final bid to establish contract price. This is a Seller Confirmation auction. Closing to be held at American Title, within 30 days of executed contract.
ON-LINE AUCTION TERMS & CONDITIONS
VERY IMPORTANT! READ CAREFULLY BEFORE YOU ATTEMPT TO BID. ONCE YOU BID, YOU WILL BE BOUND LEGALLY BY THE FOLLOWING TERMS AND RULES THAT ARE STATED HERE.
NOTE: This is a "soft close" auction. This prevents the item or items up for bid from being "sniped" from bidders in the last few seconds of the auction. In this case, the soft close is set to 2 minutes. This means that any bids that are placed in the last 2 minutes of the auction will automatically extend the auction an additional 2 minutes.
THERE IS A 10% BUYER'S PREMIUM IN EFFECT FOR THIS AUCTION.
GENERAL TERMS: Home selling as-is with no contingencies! The auction will be conducted by Don Rose Auctioneers, LLC d/b/a Don Rose Auctioneers (Auctioneer) on behalf of the owners of the property, referred to as the Seller. Auctioneer is not responsible for the acts or representations of Seller. The auction shall be governed by the terms set forth herein (the agreement), and any additional terms and conditions that are posted concerning the specific property. The Agreement constitutes a valid, binding contract between individuals participating in the auction with the intent to purchase property, referred to as the Bidder or Buyer, and Seller/Auctioneer. The term Bidder or Buyer shall include, but not limited to, the individual or the company represented by the individual and any and all of its agents, employees, representatives, officers, and directors. Auctioneer is not responsible for statements made by the Bidder, Buyer, or other parties. Auctioneer reserves the right to periodically change the terms and conditions of the Agreement, which shall be effective immediately upon posting. It is the Bidders responsibility to review any and all changes made to these terms and conditions prior to bidding on property. The act of submitting a bid shall constitute Bidder acceptance of each and every term and condition contained herein, any additional terms and conditions posted with the property, and any changes made within the full agreement. All persons attending, inspecting or removing property assume all risks whatsoever of damage or loss to person and property and specifically release the Auctioneer from all liability. Auctioneer is not liable by reason of any defect in, or condition of, the property or the premises on which the preview/sale is held. Auctioneer is released for any claims to actual damage to the property sold and/or consequential damages that may result from the sale of defective property.
This is seller confirmation auction.
