AUCTION REGISTRATION: You must register at HELMINIAKAUCTIONS.HIBID.COM for this ONLINE ONLY Auction. The online bidding ENDS Thursday, June 20th, 2024 at 6:00PM. Once registered, you will need to show PROOF OF FUNDS. Regardless of whether you finance or buy with cash, you will need to show Proof of Funds before you will gain access to bid. If you finance, your Proof of Funds must be enough to cover both your Earnest Money Deposit and down payment. Proof of funds include bank statements, brokerage accounts, a line of credit or any funds that are immediately available.
EARNEST MONEY DEPOSIT: A $20,000 Deposit will be required to be collected within 24 hours from the successful bidder(s). The deposit must be in the form of a CASHIER'S CHECK or WIRED FUNDS. Cashier's check made payable to Greater Metropolitan Title, or, please call Greater Metropolitan Title PH: 419-530-0001 for wiring instructions.The remaining balance will be due at closing no later than July 22, 2024. The final bidder's check will be deposited into Greater Metropolitan Title escrow account, which will then be credited to the Buyer upon closing. The terms of the contract are non-negotiable and if the Buyer fails to close, the deposit is non-refundable. The Buyer understands and agrees the earnest money deposit will be released to the Seller and Helminiak Real Estate & Auction, LLC.
TITLE: The Seller agrees to furnish clear title with a guaranteed certificate of title at closing, at Seller's expense. Buyer is responsible for their portion of closing fees. Taxes will be pro-rated. Closing must be held by July 22, 2024. The escrow agent will be Greater Metropolitan Title at 3131 Executive Pkwy. Ste.100 Toledo, OH 43606.
BROKER PARTICIPATION: We welcome Broker Participation. Please call and register your Buyer 48hrs. prior to auction. A Broker Participation form must be completed in order to register your Buyer. Failure to do so voids the Broker Participation.
BUYER'S PREMIUM: A 10% Buyer's Premium will be added to the final bid. The final bid plus the buyer's premium equals the final purchase price for the property.
BIDDING: It is the responsibility of the buyer to confirm their bids for accuracy. Auctioneer uses a third party system and is not responsible for any system failure, in which a bid does not get accepted.
EXTENDED BIDDING: This online auction will begin closing at 6PM. Any bid placed within 3 minutes of closing time will automatically extend the auction by 3 minutes, and will continue to extend until no additional bids are placed for 3 minutes.
AGENCY: Auctioneer is a seller's agent.
AUCTIONEER/BROKER/SELLER DISCLAIMER: The information contained herein is believed to be correct to the best of the Auctioneer's knowledge. The information is being provided for the bidder's convenience and it is the bidder's responsibility to determine the information contained herein is accurate and complete. The property is selling in its 'AS-IS' condition with no warranties expressed or implied. The Auctioneer and assistants are representing the Seller. By bidding on this property, the bidder agrees to all terms and conditions set forth. Any announcements day of auction take precedence over printed material.
AUCTIONEER: CARSON HELMINIAK, REALTOR/Auctioneer - Helminiak Real Estate & Auction, LLC.
Licensed and bonded in favor of the State of Ohio.
AUCTION ASSOCIATES: Danielle Helminiak, REALTOR
REAL ESTATE BROKER: Key Realty LTD.
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