WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
REAL ESTATE AUCTION (ON SITE)
Saturday, May 5th, 2018
11:00 AM
447 S. Ogden Avenue
Columbus, OH 43204
OPEN HOUSES ONLY:
Tenant occupied and there will be NO scheduled showing appointments; however, we’ll plan to have (2) OPEN HOUSES as follows:
Saturday, April 21st – 11:00 AM to 12:00 PM
and
Tuesday, May 1st – 6:00 to 7:00 PM
And, as always, we will be at the property 1 hour prior to the auction.
This property sells with $15,000 RESERVE (or minimum bid)
PROPERTY INFORMATION:
A 2 bedroom, 1 bath 2 story with living room, dining room eat-in kitchen (with electric range, dishwasher & refrigerator), half bath and laundry hook-ups (down) and 2 bedrooms and full bath (up). There has been recent remodeling (and details to follow).
Tenant Occupied: However, the tenant will be moving once the property sells.
More details & photos to follow…
FRANKLIN COUNTY
* Tax District: 010 City of Columbus
* Parcel #: 010-008287-00
* School District: 2503 Columbus CSD
* 2017 Real Estate Taxes: $1,475.88 Per Year
PRELIMINARY BID PACKET:
'PRE-BID PACKET' (with 'specimen ' purchase contract and relevant purchase documents) to be attached for your preview, shortly.
AUCTION TERMS & CONDITIONS:
· The real estate sells ‘AS IS.’
· Property sells with $15,000 RESERVE (or minimum bid).
· At auction, the successful bidder will deposit $3,000.00, payable by check, and proceed to close within (30) days of the auction.
· There is a tenant in the property who plans to move once the property sells.
· Seller will furnish and pay for owner's title insurance, preparation of the deed, conveyance fee and the proration of real estate taxes.
· There is a 10.0% Buyer’s Premium charged to the Buyer & collected at closing.
Being marketed and auctioned by:
Chris Davis, Auctioneer/Realtor®
AO Real Estate, Realtors® & Auction Ohio
6555 Busch Boulevard, Suite 250
Columbus, OH 43229
Office: (614) 846-3302
Any questions or to see, contact:
Ray Dailey, Realtor®
AO Real Estate, Realtors® & Auction Ohio
Off: (614) 846-3302 Cell: (614) 325-0064
