Absolute Real Estate
Auction
Auction Date: Friday, July 9th at 4PM
Auction to be held
at: The Holiday Inn-Canton, 4520
Everhard Rd NW Canton, OH 44718
If you need any additional information, please send an email to Auctioneer Michael Hoffman with your request and contact info. hoffman@ohiorealestateauctions.com
Real Estate Description: 8.91 +/- acres with eleven (11) 4-unit pads
located within Woodbury Glen condominium subdivision in Hartville, Ohio. Current approved site plan allows for potentially 44
more units. However, it is zoned
multi-family and could potentially hold more.
Potential buyer(s) would need to do their own due diligence on this.
There is a water treatment plant maintained by the Condo Association &
Association rules may apply.
Property Preview Dates:
Preview at your convenience.
Parcel numbers:
23-14035
23-14037
23-14039
23-14041
23-14043
23-14044
23-14045
23-14046
23-14047
23-14048
23-14049
23-14050
19-91255
23-14029
Property sells as is, with no buyer contingencies for
financing, inspections or otherwise. 10% Buyer’s premium applies.
The buyer’s premium will be added to the final bid to determine the contract
sales price. Financing, if any, is calculated on the final contract price.
Buyer pays all closing costs including title search, transfer taxes, deed
preparation, conveyance and recording fees. Taxes will be pro-rated via
the short proration method. Clean deed given at closing with no liens or
delinquent taxes. Homeowner’s
Association rules apply.
Cashier’s Check Required to Bid: In order to
register to bid, potential purchasers must bring a $20,000 CASHIERS CHECK MADE
PAYABLE TO HBI Title plus provide balance of 10% down by other instrument on
auction day, which will be your non-refundable deposit if you are the high
bidder. Deposit will be applied at closing to the purchase price.
Checks will be immediately returned to all non-winning bidders at the
conclusion of the bidding process. The purchaser will be required to sign
a Contract to Purchase at the auction conclusion.
Closing / Possession: Potential purchasers must be
able to close within 30 days after the auction. Time is of the
essence. The real estate is selling free and clear of any and all
liens. The purchaser will receive an insurable title at closing.
Possession will be given to the purchaser on date of closing.
Agency: Auctioneer exclusively represents the
Seller in this sale.
REALTOR® Participation: Realtor® showings are
encouraged and cooperation will be granted. To collect a commission, you
must:
1) Conduct a showing on the property,
2) Register your bidder no less than 48 hours prior to the auction on the approved form (will be attached to website listing)
3) Present a written opening bid on behalf of your client. NOTE:
You will receive 2% of the high bid if you represent the successful bidder.
4) Accompany your client to the auction.
Please expect no exceptions to these minimal requirements. Please call
Auctioneer to schedule all showings.
Directions: Located
off of South Prospect Ave, Hartville, Ohio
Brokerage: Ohio Real Estate Auctions, LLC
