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land-auction

LAND AUCTION

Auction #164637
Description

YELLOW SPRINGS AREA 2 COUNTRY LOTS BID ON ONE OR BOTH

Ended Thu, Oct, 16th 05:00 PM America/Chicago

Populating lots for archived auction...

Description

updated 10/1/2014 @ 9:45 am

YELLOW SPRINGS AREA LAND AUCTION

2 COUNTRY LOTS - 34 ACRES

Tract 1: 20.9 Acres 

Tract 2: 13.1 Acres

BID ON ONE OR BOTH

Thursday, October 16th @ 4:00 PM

 

 Located just SW of Yellow Springs, OH

 

Auction conducted at the Greene County Fairgrounds

120 Fairground Rd, Xenia, OH

 

  • Productive Land
  • Several Great Home Sites
  • Centrally located near three interstate highways

 

 

 

 

Dates

Bidding Dates
Thursday
16
Oct '14
at
03:00 PM
America/Chicago
Thursday
16
Oct '14
at
05:00 PM
America/Chicago
Preview Dates
Pre-bidding Dates
Checkout Dates

Directions

 Located just SW of Yellow Springs, OH.

Located: Snively Rd just south of Hyde Rd, Yellow Springs, OH. From US Route 68 just south of Yellow Springs, take Hyde Rd west and then south onto Snively Rd.

Auction conducted at the Greene County Fairgrounds

120 Fairground Rd, Xenia, OH.

From the center of Xenia, follow N. Detroit Street (US 68) N to left (W) on W. Ankeney Mill Rd. This becomes Fairground Rd at the corporation line.

Terms

REAL ESTATE SALE TERMS

Bidding Procedure:  The property will sell to the highest bidder(s) subject to confirmation of the Seller via the Multi-Parcel Auction Method.  

Acceptance of Bid Prices:  The successful bidder(s) will sign a Confirmation of Sale Agreement at the auction site immediately following the close of bidding.  Bidding IS NOT CONDITIONAL UPON FINANCING.

Downpayment:  $7,500 down payment per tract for Tract 1 and $5,000 for Tract 2 will be deposited with the Auction Company on the date of auction upon signing of Confirmation of Sale Agreement; balance due at closing.  

Real Estate Taxes:  Taxes will be prorated to date of closing using long proration method. Purchaser will be responsible for CAUV recoupment due to change in land use, if applicable.

Closing Date:  On or before November 21, 2014.  Purchaser will pay customary portion of closing costs at closing.

Possession:  Date of closing.

Tract 2 Survey:  Tract 2 consists of the remainder acreage (13.121 acres) of a 19.242-acre tract after the splitting of a 6.121-acre tract from the east side of Snively Road. The 6.121-acre split will not be a part of this transaction.

Agency:  Sheridan & Associates, Auctioneers, Real Estate Broker, Appraisers, LLC and its representatives are Exclusive Sales Agents for the Seller.

Disclaimer & Absence of Warranties:  All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Confirmation of Sale Agreement.  Announcements made by the Auctioneer at the time of the Auction will take precedence over any previously printed or oral information.  The property is sold on an "AS IS, WHERE IS" basis, and no warranties or representations, either expressed or implied, concerning the property are made by the Seller or the Auction Company.  Each bidder is responsible for conducting his/her own independent inspections, investigations, inquiries, and due diligence concerning the property.  The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it.  Neither the Seller nor the Auction Company assumes liability for its accuracy, errors, or omissions.  Conduct at the auction and increments of bidding are at the direction and discretion of the Auctioneer.  The Seller and the Auction Company reserve the right to preclude any person from bidding if there is any question as to the person's credentials, fitness, legal capacity, etc.  All decisions of the Auctioneer are final.