TERMS AND CONDITIONS

Auction of The Real Estate at
7769 State Road
Cincinnati, OH  45255

Thursday, June 28 at 6:00 PM

Terms of Sale: A down payment deposit of $5,000 is due immediately upon the conclusion of the bidding with the balance due at closing in 30 days.  A 10% buyer's premium will be added to the final high bid to determine the actual purchase price.  The deposit will be held in the broker's a trust account until the closing date.  At the closing, the buyer will pay the balance of the purchase price and take title and possession of the property.  The seller and the buyer must sign the agency disclosure form and then the purchase agreement.  The buyer will receive a free and clear title with all real estate taxes prorated to the date of the final settlement. 

The property is being offered by open bidding with a required starting bid of $82,000.  Buyer is responsible for obtaining their own financing.  This sale has no contingencies and is not contingent on the buyer obtaining financing.  All inspections, including lead-based paint, must be conducted prior to auction date.  Appraisal or any other inspection fees are at the buyer's expense. 

If any dispute arises between or among bidders, the decision of the auctioneer shall be final and absolute.  The auctioneer, upon disclosure, reserves the right to bid on behalf of legitimate absentee bidders or on his own behalf.  The auctioneer/agent and broker represent the seller exclusively in this transaction.

Be advised that the information contained herein is to the best knowledge of the provider, or was compiled from public information, and is provided to you without warranties or representations of any kind.  All measurements are approximate.  The property is offered as is, where is, with all faults, and no warranties or representations are made in connection with the property whatsoever.

 STUART HOLMAN AGENT/AUCTIONEER
PH: 513-531-5100 - FX: 513-531-5169 - stuart@stuartholman.com
Brokerage with Joel T. Wilson Co. LTD, Auctioneers, 513-732-6300

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