Online Only Auction
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Date(s)
3/23/2023 - 3/31/2023
AUCTIONEER INFORMATION
Bidding Notice:

All Bidding is Online


Information
Lot # 2
Group - Category Real Estate - Residential
Lead 1180 Wilbur Ave, Akron OH 44301
Description
REAL ESTATE AUCTION- 4 Investment Properties - Summit Co. - Akron OH: MARCH 31 @ 1PM. Bidding is Online Only. Great Investment Opportunity! Conventional Style Home w/3Bed, 1 Bath, Central A/C, & enclosed front porch in Akron. This home just needs your a little TLC. This property would make a nice first home for first time home buyer or those looking for a nice investment property. Real Estate Taxes $920/yr. Terms: 10% of high bid down day of sale with balance due in full at closing. Buyers Premium of 10% to be added to high bid price to determine the total purchase price. Any desired inspections must be completed prior to the commencement of the bidding.
Name Akron Area Investment Properties - Multi-Parcel Auction
Auctioneer
Type Online-Only Auction
Date(s) 3/23/2023 - 3/31/2023
Auction Date/Time Info
ONLINE Bidding ONLY March 31st Closes @ 2PM
Preview Date/Time March 31 11-1P
Checkout Date/Time Real Estate will close in 30 days or less
Location
Buyer Premium 10% added to the High Bid
Description
Attention investors! 4 Akron Area Residential Income producing properties ready for your finishing touches!
AUCTION SITE USER AGREEMENT - This is a legal agreement between you (the User or Buyer) and the Site Owner or Auction Company. You must be at least 18 years old to bid. Dutton Real Estate Group DBA Dutton Auctions (hereinafter referred to as Auction Company) at its sole discretion, may ban from further use any Buyer or Seller which Auction Company believes to have in any way misrepresented itself or any item, failed to abide by the terms and conditions, or conducted any improper auction behavior as determined solely by Auction Company. Any Seller who misrepresented their items and any Buyer who improperly fails to carry through with a purchase will be banned from any further use and may be subject to additional legal actions. REGISTRATION - All Bidders are required to register for a bidder's number to bid at our online auction. Bidders must register online providing the necessary registration information such as name, address, phone numbers, driver's license, email address, credit card information and any other information requested for identification. The Bidder hereby acknowledges that he/she is of legal age and sound mind. By registering you are agreeing that you have read and fully understand the complete "Terms and Conditions of Auction", and any additional terms and conditions announced or on the website, and agree to be bound thereby. All registered Bidders take full responsibility for their bidder's number. Bidder numbers are nontransferable. All bids made by the holder of the number will be the responsibility of the registered Bidder. All sales are final. No refunds, reductions, returns, exchanges or charge backs! No Exceptions! The Auctioneers reserve the right to refuse any applicant for a bidding number or the privilege of bidding at any online or onsite auction and to revoke such privilege at any time. ALL ITEMS SELL WITH RESERVE - All items in the online auction sell with reserve and subject to the Auction Company/Sellers acceptance and/or rejection of the high bid, regardless of whether stated "with reserve" or not stated "with reserve." BIDDING - Do not bid unless you agree to ALL of the terms and conditions posted herein. By bidding you are acknowledging agreement with all of the terms and conditions included herein and else where on our website. The highest Bidder shall be the Buyer and no Bidder shall retract their bid. A Buyer is deemed to have accepted an item or lot when they make their bid. A successful bid at auction constitutes a legally binding contract of sale. All sales are final. The Auctioneers reserve the right to reject any and all bids on items and lots not being sold at absolute auction. The acceptable bidding increments are established and controlled by the Auctioneer. The Auctioneers reserve the right to bid on behalf of the Seller/s. BUYERS PREMIUM - A 10% Buyers Premium Applies on ALL purchases. A 10% Buyers Premium will be added to all purchases. A Buyers Premium is a predetermined percentage or flat fee added to the high bid price to achieve the contract sales price. The use of a Buyers Premium will not in any manner whatsoever constitute an agency relationship between the Auctioneers (their licensees, employees or agents), and the Buyer. The Auctioneers, licensees, employees and agents are agents for the Seller Only. The Buyers Premium has been a choice of the Seller/s. The Buyers Premium may vary depending on the auction. The Auction Company may change the Buyers Premium at any time to meet the needs of the Seller and/or to abide by the auction listing agreement. You may also call our office to find out the exact amount of the Buyers Premium for any auction. Any applicable taxes are calculated on both the Buyers Premium and the bid amount. POSTED CLOSING TIMES - Posted closing times and displays of the Auction Companies current time are approximate. Auction Company reserves the right to close early or extend an auction at any time at its sole discretion. It is strongly recommended that bids be placed early to avoid losing out due to an ill-timed, last minute bid or technical difficulty. All times are based on the Eastern Standard Time Zone unless stated otherwise. PAYMENT - Earnest Money Down Payment shall be made out to the preferred Title Company and must be made by Certified or Cashiers Check, Bank Wire, or Cash (if amount is under $10,000) withing 72 hrs of acceptance of the high bid. We will NOT accept Credit Card for escrow payments. The credit card used for your registration (must be your credit card) and will be charged a nominal fee and reimbursed to you after escrow deposit has been made. All payment methods must be approved by the Auctioneers in their sole and absolute discretion prior to bidding. No postdated checks will be accepted and will be treated as non-payment. Buyer payment will include bid amount, buyers premium, appropriate taxes and any other fees or expenses due. Keller Williams Legacy Group Realty Dutton Real Estate Group LLC dba Dutton Real Estate Auctions 4974 Higbee Ave NW Ste 201 Canton, OH 44718 Office: 330-879-5000 Email: DuttonGroup@KWcommercial.com Website: www.DuttonAuctions.com
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 975.00 25.00 USD
975.01 - 49,500.00 500.00 USD
49,500.01 - 199,000.00 1,000.00 USD
199,000.01 - 499,000.00 2,500.00 USD
499,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% added to the High Bid
Payment Terms
10% down within 72 hrs of high bid acceptance (made payable to Chicago Title). Balance to be paid in full at closing. Buyers Premium of 10% to be added to the high bid price to determine the total purchase price.
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