A) Pursuant to the Common Pleas Court, Clark County, Ohio, Case No. 23 CV 0327, Chris Davis of Chris Davis, Inc. d/b/a Auction Ohio as the Court appointed Private Selling Officer ("PSO")
B) By placing the high bid, you are contractually obligated to buy the real estate at the price stated in your bid, plus the 10.0% buyer’s premium.
C) Successful Bidder will be required to sign an Acknowledgement of Successful Bid and Deposit (to be filed with the Court) and tender an earnest money deposit in the amount of 10% of the bid price within 48 hours of the close of the auction by cashiers or certified check (or electronic transfer). Failure to execute the acknowledgement of Successful Bid and Deposit and/or tender the earnest money deposit will be in default.
D) Each buyer is responsible for conducting their own due diligence on the property before bidding.
E) The real estate sells "AS-IS" condition. The Seller is making no repairs or giving any concessions.
F) The sale is not contingent upon a satisfactory inspection.
G) The sale is not contingent upon the Bidder’s ability to secure financing.
H) Closing to occur with (30) days of the Court’s approval of Confirmation of Sale.
I) Seller will pay for the preparation of deeds, and real estate taxes will be paid current to the date of the auction.
J) Buyer shall pay conveyance fees, recording fees, title agency closing fees, and title insurance.
K) There is a 10.0% (ten percent) Buyer’s Premium charged to the Buyer and collected at closing.
L) Buyer acknowledges receipt of a copy of the Acknowledgement of Successful Bid and Deposit.
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