United Country Real Estate and Auction Services
Date(s) 9/21/2017 - 10/25/2017
Auction will began to close at 2pm on Oct 25th
Past Auction
Online-Only Auction
Bidding Notice:
Online Only, please review terms. Sells with Owner Confirmation
Auction Information
Name | Multi Use Building Westerville Ohio |
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Auctioneer |
United Country Real Estate and Auction Services
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Type | Online-Only Auction |
Date(s) | 9/21/2017 - 10/25/2017 |
Auction Date/Time Info |
Auction will began to close at 2pm on Oct 25th
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Preview Date/Time | By appointment only. |
Checkout Date/Time | Within 24 of auction closing |
Location |
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Buyer Premium | 7% add to the final bid |
Description |
Delaware County, Genoa Township, Westerville, Ohio Polaris area office building, investor, owner user building.
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Terms and Conditions
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Colliers International | Greater Columbus Region
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United Country Real Estate and Auction Services, LLC
740-965-1208 OR 614-206-1135
</p>
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Sellers: 5761 Chandler Court LTD
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<strong> </strong>
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<strong>TERMS AND CONDITIONS</strong>
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<p>
Pursuant to the pre-auction sale bills and applicable law,
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<u>
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
</u>
</strong>
. 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 owner
confirmation.
</p>
<p>
1. Online Auction will be a soft close and begin closing Oct. 25, 2017 at
2:00PM Eastern Time. There will be a Seven Percent (7%) buyer premium added
to the final high bid price to determine the final contract price. Buyer to
pay a Ten percent (10%) NONREFUNDABLE down payment. Nonrefundable down
payment to either be wired to Real Estate and Auction Services, LLC Trust
account or delivered via certified funds check made payable Real Estate and
Auction Services, LLC to, Two Miranova Suite 900 Columbus, Ohio 43215
within 24 hours of seller confirmed acceptance of high bid. Down Payment to
be applied on the purchase price at closing, or retained by Seller if the
closing does not occur. Buyer to execute the posted purchase agreement and
return signed copy to Real Estate and Auction Services, LLC within 24 hours
of confirmed sale by the seller. Balance of purchase price is due in cash
at closing which shall occur on or before Dec. 8, 2017. The owner’s policy
of title insurance shall contain all standard exceptions, as listed in the
title commitment. Seller shall convey marketable title to the real estate
by Warranty Deed.
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<p>
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 with
regard to 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, and Colliers International | Greater Columbus Region and all agents
associated, 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 and Colliers International |
Greater Columbus Region its associated agents are working on behalf of the
Seller.
</p>
<p>
3. All prospective Buyers who desire to participate in the auction must
register online by creating a bidder profile through the online auction
platform and must read and electronically sign all documents required by
the auctioneer 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. No exceptions. Buyer Broker participation 3%.
</p>
<p>
4. Seller has specifically reserved the right to have the auctioneer
determine the minimum bid advancement that will be accepted from all
bidders. The auctioneer 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 is online only
with a soft close. It closes one lot per minute bidding within the last
five minutes will extend the time of closing by 5 minutes.
</p>
<p>
5. In case of conflict with these terms and conditions, the terms and
conditions in the signed contract control the transaction.
</p>
<p>
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 and Colliers
International | Greater Columbus Region
</p>
<p>
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.
Except in the case of leased space. Buyer will assume all responsibility
and costs associated with these items as of the date of closing.
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<p>
8. All information contained in this brochure and all related material came
from sources deemed reliable but are not warranted by Seller or auctioneer.
Announcements made day of sale shall take precedence over printed material.
</p>
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9. Real estate taxes shall be prorated to the day of closing based upon the
most recent available tax rate and valuation.
</p>
<p>
10. Bidder acknowledges and understands that online bidding may or may not
function correctly the day of the auction. Under no circumstances shall
Bidder have any kind of claim against United Country Real Estate and
Auction Services, LLC, and Colliers International | Greater Columbus Region
or anyone else if the Internet service fails to work correctly before or
during the auction. Auction conduct and bidding increments are at the
direction and discretion of the auctioneer. All decisions of the auctioneer
are final.
</p>
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United Country Real Estate and Auction Services, LLC
</p>
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BONDED – LICENSED BY THE OHIO DEPARTMENT OF AGRICULTURE
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Bid Increments
Your bid must adhere to the bid increment schedule.
Bid Amount | Bid Increment |
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0.00 - 9,999,999.99 | 1,000.00 USD |
Payment Information
Currency | USD |
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Buyer Premium | 7% add to the final bid |
Payment Terms |
There will be a Seven Percent (7%) buyer premium added to the final high bid price to determine the final contract price. Buyer to pay a Ten percent (10%) NONREFUNDABLE down payment per tract purchased. Nonrefundable down payment to either be wired to Real Estate and Auction Services, LLC Trust account or delivered via certified funds check made payable Real Estate and Auction Services, LLC to, Two Miranova Suite 900 Columbus, Ohio 43215 within 24 hours of seller confirmed acceptance of high bid. Down Payment to be applied on the purchase price at closing, or retained by Seller if the closing does not occur. Buyer to execute the posted purchase agreement and return signed copy to Real Estate and Auction Services, LLC within 24 hours of confirmed sale by the seller. Balance of purchase price is due in cash at closing which shall occur on or before November 2, 2017. The owner's policy of title insurance shall contain all standard exceptions, as listed in the title commitment. Seller shall convey marketable title to the real estate by General Warranty Deed.
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Shipping / Pick Up
There is no shipping or Pick up for this auction.