Auction Information
Auctioneer ByceAUCTION ByceREALTY 330-747-7000
Auction Date Jun 14 Auction
960 Lake Terrace Dr.
Painesville, OH
Time 04:00PM
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960 Lake Terrace Dr. Painesville, OH

Do Not Trespass - Occupied
(Hardy Rd. to East on Oakwood Blvd. bear North on Oakwood to East on Shady Lane/Kenilworth Ave to North on Lake Terrace Dr.)

Opening Bid: $78,000 - 2/3 Appraised Value (Property Appraised for $117,000 and bidding starts at $78,000)

The property is situated in the Township of Painesville, County of Lake.

3 Bed, 2 Bath, 1472 SF Home Located near Lake Erie; Riverside LSD; Attached Garage; Parcel 11B043E000410 – Last Sold in 2006 for $159,900 - Tax Value $124,310 - Annual Taxes: $4620

Lake County 17CF000137; United States of America Acting Through the Rural Housing Service, United States Department of Agriculture (USDA) vs Erin C. Rowan, et al.

This is a Foreclosure Auction ordered by the Lake County Common Pleas Court. Liens joined in the foreclosure or filed after the commencement of the foreclosure are released as to the property as a matter of law. The property sells with a minimum opening bid of $78,000. A 10% buyer's premium ($1000 Minimum) will be added to the high bid to obtain the final contract selling price. The high bidder will immediately write a check for $5,000 as a non-refundable deposit held in escrow which will apply towards the total purchase price at closing. The real estate is sold As Is with no contingencies. It is the bidder's responsibility to examine any and all public records to determine whether a property is being sold subject to delinquent taxes, delinquent utilities, demolition orders or any other matters that may adversely affect its value. Any inspections must be done prior to Auction. All information contained herein was derived from public sources. Information is believed to be accurate, but not guaranteed. The sale will be reported to the Court with the expectation of confirmation. Once Court confirms sale (which varies due to several factors) High Bidder is legally required to pay balance and Close within 30 days of court confirmation at court appointed title company; Buyer pays all of their own closing costs. No contract signed at auction. The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of sale are insufficient to cover. (Second Sale Date: 06/28/2018; Same time applies)

AGENTS: Please see MLS or under forms for the agent/broker registration. Note: Agent/Broker Registration Must be sent in 48 Hours in advance of the start of scheduled sale of real estate.

Registration opens 1 hour before auction begins.

ByceREALTY, PSO 330.747.7000

20180402 Preliminary Judicial Report - USDA vs Rowan.pdf
Lake County Auditor Property Card.pdf
Frequently Asked Questions with Estimated Closing Costs - Court Ordered Sales.pdf

Auctioneer License Information: 2006000019

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