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Residential
3 Beds
1 Bath
1,453 ft2
0.2 ac
Cuyahoga County
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Opening Bid $75,000
Auction Starts Dec 02
Current Bid $75,000
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Current Increment:
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Remaining Time: 11 Days, 04:30:53
Property Details
Beds
3
Bath
1
Living Space
1,453 sq ft
Lot Size
0.2 ac
Year Built
1953
Property Type
Residential
Sub Type
Single-Family
Product Type
Government/Bank Owned
Property ID
368674
Description

3BR 1BA 1,453+/- sf single-family. Built in 1953. Approx .2ac lot.

Property Disclosures

* 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. The Property is subject to a City of Garfield Heights point of sale inspection. The inspection has been ordered, and Buyer will receive a copy prior to closing. Buyer assumes responsibility for any and all violations contained on the report. Buyer also assumes all costs associated with the certificate of occupancy requirements, and understands that an escrow deposit of a minimum of 150% of the repair estimates approved by the City of Garfield Heights and a Buyer's Affidavit is required to close. Buyer agrees to repair the property within the time frame set forth by the City of Garfield Heights. There is no escrow requirement at this time through 11/06/16.

Legal Description

AND KNOWN AS BEING SUBLOT NO. 14 AND THE NORTHERLY 12.83 FEET FRONT AND REAR OF SUBLOT NO. 15 IN ALLEN AND COOPER SUBDIVISION OF PART OF ORIGINAL ONE HUDRED ACRE LOT NO. 486, AS SHOWN BY THE RECORDED PLAT IN VOLUME 63 OF MAPS, PAGE 4 OF CUYAHOGA COUNTY RECORDS, AND BEING 51.33 FEET FRONT ON THE WESTERLY SIDE OF LAWRENCE AVENUE AND EXTENDING BACK OF EQUAL WIDTH 171.45 FEET, AS APPEARS BY SAID PLAT, BE THE SAME MORE OR LESS, BUT SUBJECT TO ALL LEGAL HIGHWAYS.

Licensing
OH Bang Realty, Inc., Lic. No. 2009002663; Brian L. Brockman, Lic. No. BRKP.2009000214.; Andrew White, Lic. No. 2003000128; RES Auction Services RE Lic. No. REC.2009004189
Quick Terms
  • "As-Is, Where-is", no contingencies to sale
  • Occupied
  • 5% Buyer's Premium ($1,500 minimum)
  • 3% Down-payment ($2,500 minimum)
  • View full Terms of Sale
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