0 Scott Rd Groveport Ohio 43125
0 Scott Drive Groveport Ohio 43125
NOTE: In order to be eligible to bid online you must complete the attached online registration documents and return them to the listing agent and Auctioneer John Rogers at johnrogersnetwork@gmail.com questions: mobile 614-499-5257
Registration form and representing agent if applicable
Agency Disclosure statement if a bidder will be represented by a licensed Ohio Real Estate Agent
Non-Refundable down payment disclosure as the letter of irrevocable instructions
Online Bidding Terms and Conditions
RPD seller completed form
The Rogers Network Team Disclosure
(Auction 500 Real Estate Live Auction) 051024 0 SCOTT ROAD GROVEPORT OHIO 43125….. 13.3 ACRES - 27 TOTAL PARCELS – 25 BUILDABLE LOTS – WATER AND FIRE HYDRANTS IN PLACE – GROVEPORT WEBSITE LINK TO FAQ’s AND CONTACT RESOURCES TO ANSWER QUESTIONS CONCERNING PLANNING – ZONING OR ENGINEERING DETAILS. ALL SELLS LIVE AND ONLINE AT PUBLIC REAL ESTATE AUCTION MAY 10TH, 2024……. REGISTRATION BEGINS AT 10AM AND LIVE AUCTION IS NOON… ONLINE BIDDING TO START MAY 1ST, 2024 AND PRE-BIDDING TO END MAY 10TH AT 8AM AND LIVE ONLINE BIDDING TO BEGIN AGAIN AT NOON MAY 10TH, 2024.
PUBLIC RESERVE REAL ESTATE AUCTION:
0 Scott Drive Groveport, Ohio 43125
Parcel ID: 27 total parcels. Individual parcels listed in the terms and conditions form as well as the purchase contract.
PUBLIC RESERVE REAL ESTATE AUCTION .... list price $199,000.00 is the minimum starting and reserve bid price. Public Real Estate auction will be held on May 10th, 2024
Registration beginning at 10:00am
Property sells as is without contingencies either financial or conditional.
Terms & Conditions are attached.
27 total parcels, 13.3 est acres total. 25 building lot parcels. Current development plan approved within given criteria…. Any changes have to be approved by Franklin County, Ohio and Groveport City, Ohio.
This is a live & simultaneous online real estate reserve auction.
Register your clients by having an agency disclosure statement completed and signed then scan and email to me the listing agent or bring the signed ADS the day of the auction prior to the live auction start.
Attached find the Approved plat map and Groveport City, Ohio special link for information specifically concerning this property..
ANY ONLINE BIDDERS MUST SEND THE REQUEST TO REGISTER AND THEN SIGN ALL NECESSARY REGISTRATION DOCS AND DISCLOSURES TO BE REGISTERED INCLUDING PROOF OF FUNDS …
BOTH THE WINNING BIDDER AND BACKUP BIDDER WILL BE CONTRACT AS AN IRREVOCABLE OFFER TO PURCHASE THE DAY OF THE AUCTION AND SIGNED BY ALL PARTIES.
ONCE A BIDDER BECOMES THE WINNING BIDDER ONLINE, THEIR OFFER IS AN IRREVOCABLE OFFER TO PURCHASE AS AGREED TO IN THE REGISTRATION DOCUMENTS SIGNED.. HE/SHE WILL THEN BE CONTACTED BY THE AUCTIONEER AND ALL PURCHASE AGREEMENT DOCUMENTS MUST BE SIGNED IMMEDIATELY VIA ELECTRONIC SIGNATURE. THESE DOCUMENTS WILL BE SENT BY 5:00PM AND COMMUNICATED VIA TEXT AND OR EMAIL THAT ALL DOCUMENTS ARE SENT. THE WINNING BIDDER(S) IS THEN OBLIGATED TO SIGN ALL DOCUMENTS SENT AND RETURNED TO THE LISTING AGENT/AUCTIONEER NO LATER THAN 7:30PM SAME DAY MAY 10TH, 2024 AND WIRING INSTRUCTIONS WILL BE EMAILED TO THE WINNING BIDDER(S) BY 10AM THE NEXT BUSINESS DAY OR MAY 13TH, 2024 BY THE ASSIGNED TITLE COMPANY AND THE $25,000 NON-REFUNDABLE DOWN PAYMENT WILL NEED TO BE RECEIVED MAY 13TH, 2024 BEFORE 4:00PM OR THE CONTRACT TO PURCHASE IS IN DEFALUT AND THE BACKUP BIDDER WILL BE IN CONTRACT.
9132 SR 62 suite B Orient, Ohio 43146
WWW.IRSAUCTIONEER.NET
mobile 614 499-5257
Real Estate Exclusive Right to Sell Agreement Addendum A
AKA Buyer’s Terms & Conditions
Re: This addendum supplements the addendum language references within section 2 of the Exclusive Right to Sell Agreement for entered into between Gender Road Properties INC AND Key Realty, Ltd., an Ohio limited liability company (“Key Realty”).
0 Scott Road Groveport OH 43125 Parcel No: 185-002051-00 and 185-002726-00 thru 185-002751-00 consecutively to total 27 individual parcels hereinafter the “Property.”
Buyer’s Terms and Conditions:
This is a Public Reserve Real Estate Auction with a minimum reserve bid of $199,000 and a buyer’s premium of 7% for buyers not represented by a real estate agent and 10% for buyers represented by a real estate agent and sells AS-IS without contingencies whatsoever.
High bid will constitute the purchase price for the Property which shall be payable by such bidder as the buyer of the Property in accordance with the terms set forth in the terms of the purchase agreement upon which the Property was auctioned (the “Purchase Agreement”); additionally, the buyer shall pay the applicable buyer’s premium as stated above. Immediately following the auction, the winning bidder will be obligated to sign the Purchase Agreement as the buyer and to make a non-refundable down payment equal to $20,000 as $5,000 personal or business check the day of the auction to the assigned Title Company and the remaining $15,000 wired per Title Company instructions to Assigned Title Company by the end of the next business day to be held as buyer’s non-refundable down payment and distributed pursuant to the terms of the Purchase Agreement. Buyer’s funds deposited as all, or part of the down payment credited and/or distributed pursuant in accordance with the terms of the Purchase Agreement. If the buyer defaults and does not complete the transaction according to agreed terms of the auction or the Purchase Agreement, the down payment funds collected by the auctioneer and/or the Assigned Title Company will be split fifty percent (50%) to the auctioneer and fifty percent (50%) to the Seller. The auctioneer will offer to contract the backup bidder for an irrevocable offer to purchase under the same terms and only contingent upon the primary bidder defaulting… if the backup bidder does not want to contract as an irrevocable offer to purchase for their bid offer then the second backup bidder will be offered the primary backup bidder’s position as an irrevocable offer to purchase… if neither accept the opportunity to contract then the Seller agrees to reschedule the auction event with a minimum 30-day marketing period, as the same reserve auction structure with all other auction terms and conditions maintained. Each registered bidder must have a State issued photo Identification and register by signing the “Auction Registration Form” and “Terms & Conditions Form”. All registered bidders must sign a letter of Irrevocable Instructions acknowledging that the buyer’s down payment is a non-refundable deposit. Auctioneer may make changes to terms and condition within his fiduciary responsibility to the Seller (client), in the best interest of the client. If changes are made, they must be reduced to writing and signed by both parties, (buyer and Seller). If the high bid is $400,000 the buyer’s premium is $28,000 for buyers not represented by Ohio licensed real estate agents and $40,000 for buyers represented by Ohio licensed real estate agents. In all instances the non-refundable down payment shall be $20,000. The winning bidder may ask for an extension of time to close and pay a $500 per diem split 50/50 with the seller and broker. All closing costs and any title insurance premiums are the buyer’s responsibility. No Tax credits or proration shall be made in connection with the closing or given to buyer.
Once a bidder has met the requirements to bid and then becomes the winning bidder they agree to: (1) sign all necessary transactional documents, including but not limited to the Purchase Agreement reflecting the terms upon which the Property was contracted, any applicable agency disclosure statement, a lead paint disclosure form completed in a manner which permits closing upon the Purchase Agreement, and when appropriate such forms that are reasonably necessary to facilitate the closing; (2) timely pay the $10,000 non-refundable down payment in the manner(s) described above; and (3) satisfy the buyer’s obligations set forth within the terms of the Purchase Agreement, with the purchase price and applicable buyer’s premium amended by the high bid at auction, and the time for closing amended to 30 days following the auction date. The winning bidder(s) will then have 30 days from the date of the live auction event to close the transaction with the Assigned Title Company.
Real Estate agents that want to be eligible for representing a prospective buyer of the Property and a co-op commission of 3.0% must submit a signed agency disclosure statement to the listing agent/auctioneer and conform to all terms and conditions within this agreement and addendum.
John D. Rogers II | Realtor ™, Licensed Real Estate, Licensed Auctioneer, Certified Personal Property Appraiser (CAGA)
__________________________________________
9132 Us Hwy 62 suite B Seller’s signature Date
Orient, Ohio 43146
Mobile 614 499-5257 __________________________________________
Fax 614 635-2652 Buyer’s Signature Date
United States
N/A