313 Frizzell Ave, Eaton, OH 45320

ONLINE ONLY FORECLOSURE AUCTION of 313 Frizzell Avenue, Eaton, Ohio 45320 Ends Wednesday, October 5th @ 4:00pm. See ohiosheriffsales dot com for details and to bid. $50,000 is NOT an asking price. It is merely a number inserted to satisfy mls requirements. The property will sell at auction to the highest bidder subject to NO MINIMUM BID. Property Description:1,450+/-SF, 3 Bedroom, 1.5 Bath, Brick Ranch built in 1985 on .19+/-acres. Annual Taxes: $969. School District: Eaton CSD. Zestimate Value:$145,700. Minimum Bid of $86,667 was not achieved on the first auction date so the property will now sell subject to NO MINIMUM BID. Case Information: Preble County Case #21CV032341; United States of America, acting through The Rural Housing Service, United States Department of Agriculture vs Joyce A. Kaufman, Deceased, et al. ONLINE BIDDING NOTES: Bid Increment:$100 up to $100,000 and $1,000 thereafter. Max Bid:When you place a bid, you can place a "Max Bid" and the automated bidding software will bid for you in the required increment up to your maximum. You will be notified by email if your maximum is out-bid by another bidder. Bid Extensions:If a bid is placed in the last 5 minutes before the scheduled auction end time, bidding will extend for an additional 5 minutes. Bid extensions will continue until a 5 minute period of time elapses after the stated auction end time with no advance in the bidding. Disclaimer: Information contained herein was obtained from sources deemed reliable. However, neither Auction Firm, Auctioneers, nor their agents will be responsible for any errors or omissions regarding information provided by same. Buyers should carefully verify all information and make their own decision as to the accuracy thereof before relying on same. TERMS: * This is a Foreclosure Auction ordered by the Preble County Common Pleas Court. The foreclosure process clears all liens and encumbrances on the subject property. * The property sells subject to NO MINIMUM BID. * The required deposit is $5,000. * Successful bidder will be required to deposit above amount into the trust account of Ohio Sheriff Sales by 5:00pm day of auction end. This can be done directly at any Chase Bank branch OR by initiating a wire transfer OR via Zelle using (you may have to arrange a one-time daily limit increase with your financial institution for this option). If deposit has not been made by stated time, purchaser automatically authorizes Auction firm to charge the credit card provided at the time of registration for the required deposit amount plus a 5% processing fee. * The real estate is sold As-Is with no contingencies. * Closing required within 30 days of court confirmation. * No contract is signed after the auction. A one page Purchaser Information Form is the only document that is required by the Court. * A 10% buyer's premium will be added to the high bid to obtain the final selling price. * Buyer pays all closing costs. * Private Selling Officer Deed or equivalent given at closing with no liens or back taxes. * Provisional Auction Date is now in effect: As the $86,667 minimum bid was not achieved on the first auction date, a second online auction will now take place ending on October 5, 2022 @ 4:00pm subject to no minimum bid. * The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover. This generally only comes into play when a property goes to the 2nd auction with no minimum bid. * BUYER DEFAULT: Be aware, if you are unable to close within 30 days of court confirmation, your deposit is non-refundable, and you could be liable for other costs and penalties including possible being found in contempt of court.