(AUCTION ID 102-RE)
..APRIL 5TH, 2020: LIVE REAL ESTATE PUBLIC AUCTION AT 301 W COLUMBUS ST MOUNT STERLING OHIO 43143……CONDUCTED BY JOHN ROGERS, LICENSED AUCTIONEER IN GOOD STANDING WITH THE STATE OF OHIO: 3 BEDROOM, 2 BATH HOME IN MOUNT STERLING OHIO. DETACHED TWO CAR GARAGE, WRAP AROUND FRONT PORCH, LARGE BACK DECK WITH HOT TUB. FENCED REAR YARD, CORNER LOT, GREAT OPPORTUNITY.
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Date & Time: AUCTION DATE POSTPONED UNTIL SATURDAY MAY 2ND, 2020 1:30pm
Location:

301 W Columbus St Mount Sterling, Ohio 43143

Highlights:

PUBLIC REAL ESTATE AUCTION...This live PUBLIC REAL ESTATE AUCTION is conducted by John Rogers licensed auctioneer by the state of Ohio auction license number 57200082379 and licensed Real Estate agent (2004006271) with Key Realty Brokerage. Key Realty broker lics # REC.2010002888. Key Realty corp office 3903 BROADWAY GROVE CITY, OHIO 43123. Broker office phone # (614) 991-0405. SELLING 3 BEDROOM, 2 BATH HOME IN MOUNT STERLING OHIO. DETACHED TWO CAR GARAGE, WRAP AROUND FRONT PORCH, LARGE BACK DECK WITH HOT TUB. FENCED REAR YARD, CORNER LOT, GREAT OPPORTUNITY.

THE LIVE & ONLINE AUCTION BIDDING WILL BE CONDUCTED ON-SITE AT THE ABOVE PROPERTY LOCATION PLEASE call John Rogers at 614 499-5257 with any questions – CENTRALIZED SHOWING SERVICES AKA SHOWTIME WILL HANDLE THE PROPERTY SHOWINGS 614-255-5588 - AUCTION HELD ON MAY 2ND, 2020 with SALE DAY PREVIEW AND REGISTRATION STARTING AT 11:00AM UNTIL 1:30PM WITH AUCTION CONTRACT AND TERMS & CONDITIONS READ AT 1:30PM AND SOLICITATION FOR BIDS TO BEGIN IMMEDIATELY FOLLOWING

Notes:

...LIVE & ONLINE PUBLIC REAL ESTATE AUCTION FOR 301 WEST COLUMBUS STREET MOUNT STERLING OHIO 43143 AS A 3 BEDROOM SINGLE FAMILY HOME.

Preview PRIOR TO THE AUCTION Date & Times: CALL FOR APPOINTMENT AT 614-499-5257
ALL FUTURE SHOWINGS BY APT ONLY ON CALL CENTRALIZED SHOWING SERVICES AKA SHOWTIME….IF YOU HAVE A REAL ESTATE AGENT REPRESENTING YOU OR IF YOU DO NOT HAVE AN AGENT CALL JOHN ROGERS FOR SHOWING APPOINTMENT AT 614 499-5257

PREVIEW & REGISTRATION DAY OF AUCTION: SATURDAY MAY 2ND, 2020 11AM UNTIL LIVE AUCTION EVENT BEGINS AT 1:30PM

LIVE AUCTION EVENT Date & Time: SATURDAY MAY 2ND , 2020 1:30PM LIVE & ONLINE BID CALLING AND PREVIEW SCHEDULE PRIOR TO…..

GOOD LUCK AND HAPPY BIDDING!

If you have any questions please contact John Rogers at johnrogersnetwork@gmail.com or mobile # 614 499-5257.

Terms:

Real Estate Exclusive Right to Sell Agreement Addendum A
AKA Terms & Conditions
Re: This addendum constitutes the entire addendum to complete paragraph # 2 of the exclusive right to sell agreement for 301 West Columbus St Mount Sterling, Ohio 43143 Parcel ID #’s: 18-00440.000
Additional Terms and Conditions:

This is a Reserve Real Estate auction with a buyer’s premium of 9% for buyers not represented by a real estate agent and 12% for buyers represented by a real estate agent and sells AS-IS without contingencies whatsoever.
High bid plus buyer’s premium will constitute the total purchase price. The winning bidder will then make a total down payment of 10% of the total purchase price as a non-refundable down payment to World Class Title Company. The down payment will be a $5,000 personal or business check made payable to World Class Title Company the day of the auction and the remainder of the 10% will be wired to World Class Title Company the next business day. Wiring instructions will be given directly from World Class Title Company. Down payment will be given back to the buyer when said buyer closes within the terms of this contract. If the buyer defaults and does not complete the transaction the down payment will be split 50/50 with Key Realty brokerage and seller within the terms of the listing agreement. If a default occurs, auctioneer will contact the backup bidder to offer “position of primary contract” within the terms of the auction. Every prospective bidder must sign a letter of “irrevocable instruction” which defines that all down payment funds are non-refundable. Each registered bidder must have a State issued photo Identification and register by signing the “Auction Registration Form” and “Terms & Conditions Form”. Auctioneer may make changes to terms and condition within his fiduciary responsibility to the seller (client), in the best interest of the client. If changes are made, they must be reduced to writing and signed by both parties, (buyer and seller). If the high bid is $90,000 the buyer’s premium is $8,100 (without an agent representing the buyer) and the total purchase price is $98,100. Therefore, the non-refundable down payment is $9,810. The winning bidder may ask for an extension and if agreed by the seller, buyer agrees to and will pay a $200 per diem split 50/50 with the broker and seller prior to the extension time period. All closing costs are the buyer’s responsibility. No Tax credits or proration given to buyer.
Once a bidder has met the requirements to bid and then becomes the winning bidder (he/she) will sign all necessary contracts and submit a personal/business check for $5,000 at the moment of signing contract & the remaining amount of the mandatory down payment will be wired to World Class Title Company by the end of next business day. The winning bidder(s) will then have 30 days from the date of the live auction event to close the transaction with World Class Title Company. This exclusive listing agreement, terms and conditions shall be binding upon the parties, their heirs, administrator, executors, successors of interest and assigns. The winning bidder must either conduct a final walk-through inspection and sign a final walk-through addendum as satisfactory or unsatisfactory per the terms of the agreement… OR sign the final walk-through addendum and select to waive their right to inspect.
Real Estate agents that want to be eligible for representing a prospective bidder and the subsequent co-op commission 3.0% must register their contracted client at least 24 hours prior to the live event by faxing or scanning & emailing a signed Agency Disclosure Statement to John Rogers at fax - 614 635-2652 or scan and email to johnrogersnetwork@gmail.com

Directions:

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Contact: Innovative Revenue Solutions
P.O. Box 34
Orient OH 43146
Phone: 614 499-5257
Fax: 614 635-2652
Email Web-page

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