3BR 2BA 1,329+/- sf single-family. Built in 1946. Approx .11ac lot.
SPECIAL NOTES:
- Seller to pay Taxes, HOA, and Municipal/Utility Liens.
- Bids below the reserve may be presented to the seller for consideration.
- Please read the Williams and Williams disclaimers carefully before placing a bid or submitting an offer.
3BR 2BA 1,329+/- sf single-family. Built in 1946. Approx .11ac lot.
- Buyer will not be charged a Buyers Premium or Auction Service Fee.
- Buyer's Agent Commission: Not offered.
- Buyer is responsible for all escrow and closing fees typically ranging from $750-$3000. It is the Buyer's responsibility to contact a local title agency or real estate attorney for a property specific estimate prior to placing a bid.
- Closing must occur on or before 30 days from seller's acceptance of offer.
- Buyer is responsible for obtaining possession of the property after closing.
- The property is being offered As-Is, Where-Is, without any contingencies.
- Seller will agree to transfer title via Special Warranty Deed (or jurisdictional equivalent) if buyer secures title insurance, at buyer's expense, without delaying the closing date. If buyer does not purchase title insurance, Seller will transfer the property via quit claim deed (or jurisdictional equivalent).
This is a HUD Second Chance home auction. Second Chance means it did not sell to a new homeowner at the Foreclosure Auction. During this Second Chance auction period, Seller advises the home is discounted below Seller's appraised value. This is a limited time opportunity.
* Property is being sold in an as-is condition, and the condition is unknown and may include defects, possible health or safety hazards, or debris, or be located in a Special Flood Hazard Area.
* Proof of Funds Required. The seller requires that the high bidder be able to demonstrate proof of funds or financing pre-qualification within 24 hours of the auction. Buyer must obtain a pre-qualification letter from a lender of their choice. If buyer intends to pay with cash, a bank letter or other financial account statement showing proof of sufficient funds to cover 100% of the purchase price will be required (account numbers should be removed or redacted). Buyer understands and agrees to submit said documentation to auctioneer within 24 hours of the auction.
* Utilities Disclosure. The utilities to this property are not currently turned on and the property has been winterized. Utilities will not be turned prior to closing, regardless of inspections. Buyer will need to consider this and account for it if/when inspecting the property. Buyer is responsible for utility transfer post-closing. Sale Inspection Required. Buyer acknowledges a City of Maple Heights point of sale inspection report must be performed prior to closing. Buyer assumes responsibility for all certificate of occupancy requirements and understands that deposit of 110%, subject to change, of the estimated cost of corrections in an escrow account may be required in order for transaction to close. Buyer also acknowledges that the certificate of occupancy repairs and estimates must be performed by City of Maple Heights licensed contractor registered to perform work in the City of Maple Heights and all bids must be approved by the city. Buyer accepts all responsibility for any effects and remediation thereof. Buyer acknowledges receipt of city inspection sheet, changes in the point of sale inspection, title change process, and holding of escrow money.
* Buyer understands and acknowledges that square footage, acreage, and/or bedroom and bathroom count for the building sited on the property is based on an appraisal or county assessor information. Buyer further understands and acknowledges that measurements/acreage/count can vary from a few feet to several hundred feet regardless of source (County Assessor�s records, appraisal, or appraisal measurement report, etc.) and that said sources may contain erroneous information or measurements/acreage/count. Buyer should conduct their own investigation and satisfy that the size and/or square footage, acreage, and bedroom/bathroom count of the dwelling/building is acceptable to the Buyer prior to placing any bid or offer on a property. By placing a bid or offer on a property, Buyer is accepting the property in �as-is where-is condition� and agrees to be bound to the bid or offer should a discrepancy arise.
Situated in the City of Maple Heights, county of Cuyahoga and State of Ohio, and known as being sublot No. 348 in the Indian Village Land Company's Indian Village Allotment, of part of Original Bedford Township, Lots Nos. 4 and 5, as shown by the recorded plat in Volume 86 of Maps, page 28 of Cuyahoga County Records, be the same more or less, but subject to all legal highways
- "As-Is, Where-is", no contingencies to sale
- No Buyer's Premium
- 1% Down-payment ($1,500 minimum)
- View full Terms of Sale
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