BEAUTIFUL JAMESTOWN ACREAGE

Description

Update: The property sold for $97,500 and closed on 12/15/10.

BEAUTIFUL JAMESTOWN ACREAGE

22-Acre Wooded Property

ABSOLUTE AUCTION

Thursday ♦ October 21, 2010 ♦ 4:00 PM

Located:  4789 Old Route 35, Jamestown, OH, just one mile west of town.

Great Opportunity near Jamestown

21.8 Wooded Acres

Featuring a completely wooded lot with a stream and rear frontage on the Xenia-Jamestown Connector Bike Path, this property offers an excellent location less than a mile from US 35.  The mid-1800s brick home was destroyed by fire and the property is ready for you to build your home, or perhaps to use as a personal hideaway.  Nice outbuildings provide good storage and potential animal use.

Contact Auction Agents for complete Bidder Package.

REAL ESTATE SALE TERMS

Bidding Procedure:  The property sells ABSOLUTELY to the highest bidder - no reserves or minimum bids.

Acceptance of Bid Prices:  The successful bidder will sign Confirmation of Sale Agreement at the auction site immediately following close of bidding.

Down Payment:  $10,000 as down payment day of auction upon signing of Confirmation of Sale Agreement; balance due at closing.  Bidding IS NOT CONDITIONAL UPON FINANCING.

Real Estate Taxes:  Taxes will be prorated to date of closing using long pro-ration method. 

Sign Lease:  The property owner is the Lessor for a billboard lease.  Current annual lease is $400.

Closing Date:  On/before November 26, 2010. Purchaser will pay customary portion of closing costs at closing.

Possession:  Date of closing.

Agency:  Sheridan & Associates, Auctioneers, Real Estate Broker, Appraisers, LLC and its representatives are Exclusive Sales Agents for the Seller.

Disclaimer and Absence of Warranties:  All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Confirmation of Sale Agreement.  Announcements made by the Auctioneer at the time of the Auction will take precedence over any previously printed or oral information.  The property is sold on an “AS IS, WHERE IS” basis, and no warranties or representations, either expressed or implied, concerning the property are made by the Seller or the Auction Company.  Each bidder is responsible for conducting his/her own independent inspections, investigations, inquiries, and due diligence concerning the property.  The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it.  Neither the Seller nor the Auction Company assumes liability for its accuracy, errors, or omissions.  Conduct at the auction and increments of bidding are at the direction and discretion of the Auctioneer.  The Seller and the Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, legal capacity, etc.  All decisions of the Auctioneer are final.

(Toll Free) 1.866.282.8284