Monroe County, Ohio
Approx. 11.9 acres
34827 State Route 7, Sardis, Ohio 43946
Notice - Auction Date Change - Wednesday, May 20, 10:00 AM
Currently used as a trucking/staging yard
Preview: May 15, 6:00 PM-7:00 PM or view at your leisure - Note: New Preview Date
For terms, conditions, maps, etc consult website:
David J. Douglas
United Country Real Estate and Auction Services, LLC
740-965-1208 OR 937-763-3100
Sellers: Ben H. Cook, Sr. by Chet H. Cook, POA
TERMS AND CONDITIONS
Pursuant to the pre-auction sale bills and applicable law, THESE TERMS AND CONDITIONS REPLACE AND SUPERSEDE ALL PRIOR TERMS AND CONDITIONS OF ANY NATURE, WHETHER WRITTEN, VERBAL, OR OTHERWISE. IT IS THE BIDDER’S RESPONSIBILITY TO BE FAMILIAR WITH THESE TERMS AND CONDITIONS. By registering for this auction and placing a bid, bidder acknowledges that these terms and conditions have been disclosed to bidder, and bidder agrees to be bound by these terms and conditions. Property sells with bank and owner approval day of sale.
1. Buyer to pay a Ten Percent (10%) Buyers Premium to be added to final bid price to determine final contract price. Buyer to pay a Ten percent (10%) NONREFUNDABLE down payment upon execution of the purchase agreement, to be applied on the purchase price at closing, or retained by Seller if the closing does not occur. Balance of purchase price is due in cash at closing which shall occur on or before June 5, 2020. Real estate taxes shall be prorated to the day of closing based upon the most recent available tax rate and valuation. Seller will not pay CAUV recoupment. Survey: A new survey will be provided by seller if necessary, for transfer, otherwise a new survey will not be provided. Seller will pay for conveyance fee, preliminary title search, Seller's portion of title agency closing fee not to exceed $300.00 dollars, and deed preparation only. Title insurance is available at buyer’s expense.
2. All real property and improvements are selling in their present “AS IS” condition with no warranties expressed or implied by Seller or Seller’s agent. No representations have been made by Seller or Seller’s agent regarding fitness of the real property or improvements for a particular use or any particular Buyer’s development plans. It is Buyer’s responsibility to have any inspection Buyer desires completed prior to auction. It is the Buyer’s responsibility to pay for and obtain any and all due diligence inspections and inquiries as to feasibility of Buyer’s intended development plans prior to bidding. United Country Real Estate and Auction Services, LLC, represent only the Seller in this transaction. Successful Buyers shall sign an agency disclosure form acknowledging that United Country Real Estate and Auction Services, LLC are working on behalf of the Seller.
3. All prospective Buyers who desire to participate in the auction must register the day of sale prior to bidding and must then provide such personal information as requested by the auctioneer. Realtor cooperation is welcome; however, you must register your clients 48 hours prior to sale with an agency disclosure, show them the property and attend the auction co-op commission is 1% No exceptions. If registered less, then 48 hours co-op commission is 1/2%.
4. Seller has specifically reserved the right to have the auctioneer determine the minimum bid advancement that will be accepted from all bidders. The auctioneers will handle any disputes at the time of the auction and all decisions will be final. The auctioneer, the seller and/or the attorney for the seller reserve the right to demand satisfactory written evidence of the authority of an agent to enter a bid or to execute a purchase contract on behalf of another party. This auction may be subject to online, phone or proxy bidding.
5. Each successful bidder will be required to immediately execute the posted purchase contract, and deposit with the auctioneer the down payment described above. In case of conflict with these terms and conditions, the terms and conditions in the signed contract control the transaction.
6. Please view the posted title commitment for any questions on easements, rights of way, leases etc. Any reports, disclosures, letters or other documents from third parties are deemed reliable but not guaranteed by seller nor United County Real Estate and Auction Services LLC.
7. Any personal property left on the grounds of the real estate as of the date of closing becomes the property of the buyer of the real estate. Buyer will assume all responsibility and costs associated with these items as of the date of closing except items owned by tenants.
8. All information contained in this brochure and all related material came from sources deemed reliable but are not warranted by seller or auctioneers. Announcements made day of sale shall take precedence over printed material.
9. Possession of the real estate is at closing and transfer of deed.
10. The mineral rights do not convey with the real estate.
United Country Real Estate and Auction Services, LLC,
BONDED – LICENSED BY THE OHIO DEPARTMENT OF AGRICULTURE