Personal Property Terms:<br>
All items to sell to the highest bidder at Live Public Auction. All items sell in as-is where is condition. All items to be removed the day of the auction.<br>
Payment is due day of the auction in the form of Cash, Check or credit card. There will be a 3% service fee for all credit card transactions.<br>
No Buyers fee for personal property or Automobile.<br>
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Real Estate Terms<br>
Property is located at 1353 Lindsey Rd. Sidney, Ohio and contains (2) parcels along with all improvements. Shelby County Parcel #’s 58-26-05-276-001 &amp; 58-26-05-276-002. <br>
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AUCTION PROCEDURE: The real estate will be offered as one unit with all improvements to the highest bidder at ABSOLUTE PUBLIC AUCTION regardless of price on the 10th. day of May 2014 at 11:00<br>
BUYER’S PREMIUM: A 10% buyers premium will be added to the highest bid to establish the full contract price. For instance if your high bid was $ 200,000.00 + 10% or $ 20,000.00 your total contract price would be $ 220, 000.00.<br>
DEPOSIT: $ 5000.00 shall be required the day of the auction as good faith earnest money. Payment made be made in the form of Cash, or Check. This deposit shall be made payable to Re/Max One and will be held in Escrow until closing at which time it will be returned to the buyer.<br>
ACCEPTANCE OF BID PRICES: The successful bidder will be required to enter into a NON CONTINGENT MEMORANDUM OF AUCTION SALE AGREEMENT with the sellers the day of the auction. Your bidding is considered to be a binding contract.<br>
TITLE: At closing the seller shall convey marketable title to the property free and clear of all liens and encumbrances. If the seller’s title is found to be defective the seller shall have the right to remedy the defect within 60 days. If this cannot be done, then, at the option of the buyer, the deposit shall be returned and the auction sale terminated.<br>
CLOSING: The full purchase price is due at closing which shall take place no later than June 10th. 2014.<br>
POSSESSION: Seller shall deliver possession to the property at closing:<br>
REAL ESTATE TAXES, UTILITIES: Real estate taxes and assessments shall be pro-rated to the day of closing. The seller shall pay all accrued utility bills to the date of possession by buyer. Any CAUV recoupment due to change of use shall be the responsibility of the purchaser. <br>
LEAD PAINT CONTINGENCY: Buyer will waive all contingencies based upon a risk assessment or inspection of the premises for the presence of lead based paint and/or lead based paint hazards, and will receive the pamphlet “ Protect your family from lead in your home “.<br>
SALE CONTINGENCES: Your agreement to purchase this property is subject to no contingencies of any type including financing.<br>
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AGENCY: Re/Max One Realty, Auctioneers and it’s representative’s are exclusive agents of the seller.<br>
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DISCLAIMER AND ABSENCE OF WARRANTIES: The property and all fixtures are being sold on an AS-IS WHERE IS BASIS with no warranty or representation, either expressed or implied, concerning the property by the sellers, Broker or auction Company. Buyers are responsible to perform all of their own inspections and have those results satisfactory to their expectations before bidding.<br>
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OWNER: The Estate of Patricia J. Petersimes Shelby County Probate 2013-EST-212 Co-Executors Francis C. DeLeat and Larry D. Cisco<br>
Joseph Chrisman Attorney for the Estate<br>
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Justin Vondenhuevel Auctioneer/REALTOR<br>
Re/Max One Realty Sidney, Ohio<br>
937-538-6231<br>
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ANY ANNOUNCEMENTS MADE THE DAY OF THE AUCTION TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS