|Commercial Building on Corner Lot|
|Date & Time:||October 27, 2016 12:00 pm EST|
|Location:||3 North Westwood Avenue, Toledo, Ohio 43606|
Property is being sold online only.
|Highlights:||Online Only Auction of Commercial Building on High Traffic Corner Lot.
|Categories:||VIEW ALL ITEMS (1)|
|Notes:||GROUPED EXTENSION: This auction uses the grouped extension bidding feature. All lots in this auction have been placed in an extension group. Any bid within the last minutes of bidding for an auction lot that causes an automatic extension of bidding on that auction lot and on ALL auction lots in that group. When 7 minutes passes with no more bidding, then bidding on all assets in that group will close simultaneously, with high bidder on each asset being declared the winner.|
|Terms:||**Please make sure to write down or save your password and the bidder number assigned at the end of registration for this and all other auctions, as it is required to bid**|
AUCTION REGISTRATION: The online registration form available at www.pamelaroseauction.com / Online Auctions / Real Estate will need to be completed. Next you’ll receive an email indicating you must provide proof of funds from your bank that you have sufficient funds to cover the required earnest money down payment before online bidding is enabled and you receive a bid number. This may be accomplished by faxing the proof of funds to 419-865-6594 or emailing to firstname.lastname@example.org at least 24 hours prior to the auction. Proof of funds consists of a copy, fax, or original of a current bank statement or brokerage statement in bidder’s name showing sufficient funds for a $3,000 earnest money deposit.
EARNEST MONEY REQUIREMENT: Winning online bidders must deliver earnest money via wire transfer or cashier’s check to Greater Metropolitan Title immediately following the auction, in the amount of $3,000. The successful online bidder will be notified immediately following the closing of the auction and emailed the Auction Purchase Agreement, to sign and return. Balance will be paid in full at closing on or before Monday, November 28, 2016.
TITLE: A guaranteed certificate of title will be provided at Seller’s expense giving marketable title subject to restrictions of record. The Escrow Agent will be Greater Metropolitan Title; 3131 Executive Parkway Toledo, Ohio 43606; Karey Donley; 419-530-0001.
DOCUMENTS AVAILABLE: A bidder’s packet will be available online and will include Purchase Agreement and the Agency Disclosure.
BROKER PARTICIPATION: Broker participation is welcomed - call for registration forms and guidelines at 419-865-1224 or obtain online under Resources.
BUYER’S PREMIUM: Properties will be sold with a ten (10%) percent buyer’s premium. The bid amount plus buyer’s premium equals the final purchase price.
AGENCY: Auctioneer is a seller’s agent.
website updates: Please refer to the website for updated information on occupancy, rents, or changes at www.pamelaroseauction.com.
DISCLAIMER: Announcements made day of auction take precedence over printed materials. All information in this brochure was derived from sources believed to be correct, but is not guaranteed. All property dimensions are only approximations. Buyers shall rely entirely on their own judgment and inspection of property and records.
|Directions:||Corner of Westwood and Hill.|
|Contact:||Pamela Rose Auction Co LLC|
5825 Weckerly Road
Whitehouse OH 43571