Homes for Sale by Bidding Event
Single floor living with Workshop
3 Bed 1.5 Bath 1976 Sq Ft .58 Acre
5847 Stearns Rd
North Olmsted, OH
Starting Bid: $169,900
Enjoy first floor living at it's best in North Olmsted. This attractive 3 Bed/1.5 Bath Ranch style home sits on over a half acre large partially fenced lot. Perfect for the handyman, mechanic, or project enthusiast, you'll love the huge 2 car detached garage that doubles as a 25 x 30 foot outbuilding with 10.6 foot high ceilings & loft storage. Recent updates include: A/C (2020), new luxury vinyl flooring added in main bathroom (2021), new side storm door (2021), and fresh front landscaping. All appliances included! Beautiful hardwood floors throughout. The first floor offers an open floor plan with eat-in kitchen that opens to the living room, 3 Spacious bedrooms, and bathroom with window that opens to the backyard. Large full basement with laundry area, 1/2 bath, and is currently being used as a family room. Plenty of room for extra storage as well! Home warranty included. Enjoy this convenient location just minutes away from shopping, schools, Crocker Park, and Great Northern Mall. Don't miss out! Setup your private showing today!
6% Buyers Premium to be added to bid price for final purchase price
Auctioneer: Jeff Otto
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Ending in xxd xxh xxm xxs
April 3, 2021
Buyers and agents can bid online anytime from the beginning until the end of the published auction date.
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 and seller will open escrow with all of the buyer’s contingencies and inspections 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 auction, 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 auction 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 the day of the auction.
If you are not registered and/or you have not provided suitable documentation by 12:00 pm on the day of the auction, you will NOT be allowed to bid on a property!
Also, we STRONGLY encourage you or your agent to login 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 auction.
Bid Increments – You may place your bid up to the “maximum high” that you are willing to offer on the property. The system is designed to raise your bid in increments set by auction. Increments can vary depending on length of auction with minimum being $100 above the last bid placed. Starting Auction Bid increments will range 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 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!