ABSOLUTE AUCTION **** Thursday July 31st 6pm **** ONLINE ONLY
Brick Ranch - 4 Bed - 2 Bath - GREAT REHAB
RENT OR FLIP Very Profitable
View and Bid at www.SchilligEstatesAndAuctions.com
278 Cullman Rd. 43207 Quiet LITTLE NEIGHBORHOOD
Family Room w/Brick Fireplace 4B / 2B - Eat in Kitchen - Livingroom
Bonus Room - Fenced Yard - Patio - Screened Porch
ONLINE ONLY ABSOLUTE AUCTION AT JULY 31 @ 6PM
278 Cullman Rd. Columbus 43207
4B - 2B -Brick Ranch with FR LV-Eat in Kitchen-Bonus Rm - Patio-Screened Porch
By registering for this auction through the Schillig Estates and Auctions LLC website/bidding platform, you agree to the following TERMS & CONDITIONS FOR THIS REAL ESTATE AUCTION:
ALL PARTICIPANTS NEED TO REGISTER ONLINE at SchilligEstatesAndAuctions.com,
Conventional Lending and Inspections are permitted and be completed by July 28th. BUYER’S PREMIUM OF 10% (ten percent) of the high bid will be applied to that high bid to form the TOTAL PURCHASE PRICE. BUYER’s PAY THE ASSOCIATED CLOSING COSTS. WE WILL DELIVER A CLEAR AND MARKETABLE TITLE, (Fiduciary Deed). A Title Search has been completed by Associates Title Inc. with approval for Title Insurance. The Property is offered “as is, where is” with no warranty of any kind, expressed or implied, including merchantability and fitness for a particular use, subject to all restrictions, zoning, and other matters of record. There will be no contingencies for finance, inspection, or otherwise, except for a non-marketable title. SELLERS SHALL BE RESPONSIBLE FOR PROPERTY TAXES UP TO THE DATE OF CLOSING AND WILL BE PAID AT CLOSING FROM THE SELLER’S PROCEEDS. The winning bidder will pay all associated closing costs. Bidders shall perform their due diligence and rely on their own inspections and research and not upon any description by the auctioneer, owner, executor, or employees/agents of either. No liability for accuracy, omissions, or errors is assumed by the auctioneer/broker or their agents. All sales are final. No claims will be considered for allowance, adjustment or rescission of any sale based on the failure of the property to correspond to any standard or expectation.
PARTICIPATION IN THE AUCTION:
- CLICK ON THE AUCTION PHOTO
- Register with COMPLETE name, address, phone, email address, via the bidding platform
- Submit a credit card for $25.00 to verify identity & prevent robots (Auctioneer has no access to CC # and the $25 charge reversed immediately).
- Create a PW (auctioneer cannot see)
- Start bidding (Perform your due diligence and review terms and conditions again in their entirety) Identity of participants will be only known by a bidder number. All participants can view the activity without disclosing their identity.
- The opening bid will be $1.00 Bidding will start with $2,00.00 increments. The Auctioneer has the right to change increments if needed. CLOSING TO BE ON OR BEFORE August 21st, 2025. Title work is through Associates Title Inc. 614-222-2123, per: service@AssociatesTitleInc.com REMOTE CLOSINGS ARE AVAILABLE.
- You may place bids one by one or place a MAX BID. The other bidders cannot see the Max Bid. The system will “bid” for you with the same preset increments as other bidders.
- You will be notified by email if you are outbid. You may bid again or set a new Max Bid
- The winning bidder will execute the purchase contract immediately following the auction by electronic signature OR in person signing.
- The deposit shall be $10,000. This is non-refundable (unless a marketable title cannot be issued). The deposit will be applied at the closing. TIME IS OF THE ESSENCE. Wire instructions will be emailed following the conclusion of the auction if the bidder is online.
PLEASE NOTE: Do not bid if you are unable to comply with the Purchase Contract. REVIEW ALL DOCUMENTS IN THEIR ENTIRETY. The contract must be Executed immediately following the conclusion of the auction by electronic signature or by in person signature. A deposit of $10,000 will be considered the deposit money and is NON-REFUNDABLE unless a clear and marketable cannot be delivered to the buyer. The deposit will be held in the Broker’s Trust account and applied at closing towards the purchase price.
No one may enter or work on the property until after funding and closing. If an appraiser needs entry after the auction, the Auctioneer at their discretion may grant access. All terms of Auction shall apply. Buyers shall be responsible for transfer taxes, recording fees, title search and deed preparation. The buyer is responsible for all the other costs associated with closing. WARRANTY AND CONDITION OF PROPERTY: All property is offered “as is and where is”, with no warranty of any kind except for a non-marketable title. ARBITRATION: All claims relating to this contract shall be settled by arbitration in accordance with the Arbitration Rules of the American Arbitration Association. Venue will be Franklin County, Oh. LIABILITY: Auctioneer’s and seller’s liability shall be limited to the refund of bidder’s payment. By registration of this auction, you acknowledge and agree that no other claim can be made. DUE DILIGENCE: Bidders shall rely on their own inspection and not upon description from the auctioneer, staff, or agents.
Bidders are permitted to inspect the property under the conditions that the inspection is completed by July 28th prior to the auction closing. No inspections or entry after the auction closing. Inspection results cannot be conveyed to the auctioneer, the seller, or the Executor/administrator due to not being licensed in those professions and cannot validate any findings if any. The buyer may, in performing their due diligence, have the title searched again if they choose by another Agency, at the bidder’s expense. Associates Title Inc. will remain assigned as Title Co. If any liens are discovered prior to closing, they will be paid from the Seller's proceeds.
Auctioneer, Cynthia Schillig AARE, CES, GPPA is an Ohio licensed Auctioneer, bonded by the Department of Agriculture and Division of Auctioneers. Located at the Department of Agriculture Reynoldsburg, OH 43068, 614-728-6200, dpotter@agi.ohio.gov. Cynthia Schillig is an Ohio Licensed Real Estate Sales Agent with Coldwell Banker Realty, 175 S Third St. Columbus, OH 43215