3 SPRINGFIELD HOMES

Description

3 SPRINGFIELD HOMES

Multi-Parcel Auction Method

Wed ♦ March 1 ♦ 4 PM

Location: 615, 651, & 655 Scott St, Springfield, OH (just north of E High St)

Showings by appointment & 3 PM on Auction Day

Offering 3 homes & 3 adjacent lots to satisfy Estate. Good rental potential and vacant lots for expansion.

Tract 1: 655 Scott St
1340 SF two-family
 40’ x 116’ lot
Tract 2: 651 Scott St
 1790 SF single-family
 40’ x 116’ lot
Tract 3: 615 Scott St
 1532 SF single-family
 59’ x 129’ lot

Tract 4: 533 Scott St
25’ x 142’ lot
Tract 5: 531 Scott St
25’ x 142’ lot
Tract 6: 527 Scott St
50’ x 142’ lot

Call for complete Bidder Package.

ROBERT L. JOHNSON ESTATE
Patrick W. McCurdy, Admin
Andrew H. Elder, Atty
Clark Co. Probate 20160111A

Terms

Bidding Procedure: Properties sell via the Multi-Parcel Auction Method, whereby properties will be offered for bidding as individual lots and in any combinations of 2, 3, 4, 5, or all 6 parcels. Ten percent of the final bid(s) will be added to the final bid(s) as a buyer premium to achieve the final contract price(s).

Acceptance of Bid Prices: The successful bidder(s) will sign a Confirmation of Sale Agreement at the auction site immediately following close of bidding.

Down Payment: Lesser of $1,000 or full purchase price per tract as down payment day of auction upon signing of Confirmation of Sale Agreement; balance due at closing.  Bidding IS NOT CONDITIONAL UPON FINANCING.

Real Estate Taxes: Taxes will be prorated to date of closing using long proration method.

Closing Date: On/before March 31, 2017. Purchaser will pay customary portion of closing costs at closing. Closing will be transacted by Elder & Elder at its Springfield office unless otherwise agreed by the contracting parties.

Possession: Date of closing with tenant(s) in possession rights reserved.

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

Disclaimer and 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.