Homes for Sale by Bidding Event
4 Beds 2 Baths 2,478 SF 1 Acre
42220 Butternut Ridge Rd
Elyria OH 44035
Opening Bid: $249,000
Newly remodeled sprawling ranch home you won't forget. This home is perfect for large family and
entertainment, has 4 Beds, 2 full baths and a home office totaling 2,478 sqft. Large open concept with
massive 9ft kitchen island that can easily sit 6 people or more. Updated white shaker kitchen cabinets with self closing drawers and doors, quartz countertops and stainless steel appliances that stay with the home. Master suite has his/her large closets with good size master bathroom. This ranch sits on a 1 acre lot with a round-a-bout driveway, a finished 300sft Gazebo, above ground swimming pool, an additional detached 2 car garage with wood burner for heat, large deck and fireplace area for family activities. No need to spoil all the details now, just come see for yourself. Enjoy!!!
6% Buyers Premium added to Bid price
Required documents to download & submit for this property:
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Ending in xxd xxh xxm xxs
August 16, 2021
Buyers and agents can bid online anytime from the beginning until the end of the published sale date.
Buyers/bidders acknowledge that all bids are public and 100% transparent to all parties, without exception.
Once the seller accepts the selected bid, the entire process will proceed like a traditional real estate transaction. The buyer will submit a signed contract to the seller with the final sales price being the highest bid offer plus the buyer’s premium. The seller will open escrow with all of the buyer’s contingencies and inspection time frame outlined in the contract. For more information contact Listing Agent!
SELLER RESERVES THE RIGHT TO ACCEPT, COUNTER OR REJECT ANY BID!
What is the “Buyers Premium” – Using our EZ Real Estate Offers option, real estate commissions can be paid by the seller, the buyer, or both. When the buyer’s paying the commission it’s called “Buyer’s Premium”. (Highest Bid + Buyer’s Premium = Sales Price)
The Selected Bidder shall provide a purchase contract within 24 hours from the time of acceptance of the selected bid by the seller. If the buyer will not provide the purchase contract within the time frame specified above, the seller reserves the right to accept other offers!
For information on how to get approved and bid online Click Here!
In order to place a bid/offer on any property available by our online sales, you must REGISTER and create an account at the URL above. If you are working with an Agent, you will need to provide us with their contact information.
By creating your account, you agree to accept AND you understand the Terms and Conditions of the online sales process and this bidding platform.
In addition, you must either provide Proof of Funds if paying in cash OR a FULL Underwritten Loan Approval Letter From A Mortgage Lender prior to getting access to the bidding area. Registration and documents must be received NO LATER than 12:00 pm PST on the last day of the sale.
If you are not registered and/or you have not provided suitable documentation by 12:00 pm on the day of the sale, you will NOT be allowed to bid on a property!
Also, we STRONGLY encourage you or your agent to log in to your account prior to the end of the bidding time on the property you wish to bid on. It is IMPORTANT to understand the steps and functionality needed to place your bid. Technical or agent support will not be available after 12:00 pm on the final day of the sale.
Bid Increments – You may continue bidding within the limits of your proven funding. Increments can vary depending on the listing price of the property anywhere from $1,000 to $2,500.
Bidding Auto Extend – Our system Prevents Last Second Bidding by Automatically Extending the Bidding Time. Please make your final bid before 5 seconds to allow the site to refresh.
Attention Selected Bidders! – If You Are The Selected Bidder: Please have your agent submit a signed purchase agreement to the seller within the time specified in “sale terms and conditions” (please see the posting details). If you do not have an agent, please Contact Us.
Information deemed reliable but not guaranteed and subject to change without notice!