Online Auction – $5,000 minimum bid!

Bidding Concludes: Friday, December 16, 2017, at 3 pm

Inspection Dates:  

1. Tuesday, December 8 from Noon-2 pm
2. Thursday, December 10 from Noon-2 pm

Duplex in South Toledo!  This auction is for a 2-story Duplex that needs to be completed.  The work began but needs the finishing touches.  A little TLC would provide a great opportunity for a Buy-Fix-Hold project with an estimated rent of $850 for both units. Separate entrances, Separate electrical panels, newer roof, updated windows, some newer siding, and rear parking.

*Parcel ID: 1437691 *Lot Size: 33X110 *Sq. Ft: 1,728 *1/2 Yr. Taxes $294.19

Directions: Anthony Wayne Trail to West on Western Ave.

Detailed Bidders Package: https://app.box.com/s/5z5l95as2puuuc4tq6oz86zjw7w075vx

Online Bidding Registration: You need to be registered in order to place a bid. Bidders are required to sign a bidder’s registration form plus one of the following for bidding approval: proof of funds, bank letter of guarantee, credit card, or agent/auctioneer approval.  Questions concerning registration please contact Nick Pinotti at (419) 779-4000 or nick@offernow.bid.

Bidding increments:  Bid increments of $100 per increased bid.

Terms: Online Bidding concludes Friday, December 16, 2017, at 3 pm.  The winning bidder must execute the purchase agreement package immediately following the conclusion of bidding.  The winning bidder will be notified via email of a successful bid.  A $2,500 non-refundable earnest money deposit must be wired or delivered in the form of a certified check to Area Title Agency, Inc. immediately following notification of successful bid.  Balance due at closing by December 31, 2017. At the expense of the seller, a guaranteed certificate of title will be provided.   A 10% or $2,500 (whichever is greater) buyer’s premium will be added to the final bid to establish the final purchase price. Inspections must be completed prior to bidding.  No contingencies.  Sold As-Is, Where-Is.  Buyers shall rely entirely on their own judgment, assumptions, and confirm any information on which a bid is based. Realtors must register 48 hours prior to submitting a bid on behalf of the client along with submitting an auction registration form.  Brokerage services provided by Stonehenge Realty.

Auto-bid option:  You may place a bid as high as you want to go, but the system will raise it only as high as needed. For instance, if the current bid is $100K and you place $150K the system will raise the bid only to $101K and select you as a high bidder. If someone, places a higher bid, say $120K, the system will automatically place a bid of $121K on your behalf and select you as a high bidder. However, if someone places a bid of $151K or greater this person will be selected as a high bidder.

Bidding auto-extend:  Our system prevents last second sneaking by automatically extending the bidding time. If someone places a bid within the last 5 minutes before the end of the bidding the system will automatically extend the time by 15 minutes to let other bidders make weighed out decisions.

Contact:  Nick Pinotti: Auctioneer/Realtor (419) 779-4000 or nick@offernow.bid.

Information deemed reliable but not guaranteed and subject to change without notice.