***BANKRUPTCY/SALE CANCELED*** 974 Timberbank Dr. Westerville, OH 43081

FOR SALE BY COURT APPOINTED RECEIVER

Online bidding only. Auction ends Thursday, April 25 @ 2PM

Court Appointed Receiver, Prodigy Properties, presents the opportunity to acquire 974 Timberbank Dr., a recently updated single family property in Westerville, Ohio.  Located only 15 minutes outside downtown Columbus, 12 minutes to the Columbus International Airport,  5 minutes to I-270, and close proximity to parks, multiple shopping and dining options.  According to public record the property was built in 1985 and features 1,408 SF, 3 bedrooms and 3.5 bathrooms.  Situated on 1 parcel totaling .190 acres, fenced backyard, and a 2 car attached garage.

Property will be sold 100% AS-IS, free and clear of all liens, with property taxes prorated and paid off to the day of closing.  Seller may, in its sole discretion, accept or reject any bid or offer for any reason, at any time, without notice.  No representations, warranties, or guarantees.  A 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.

Property is available for showings – APPOINTMENT REQUIRED.  Please contact Kurt at [email protected] to schedule a showing, or if you have representation, contact your agent to schedule a showing.

To be approved to bid, prospective bidders must submit the following:

– Create an account on www.ForeclosureAuctions.com. Click the “Register” button and follow the prompts.

– Complete & Execute the Purchase and Sale Agreement – 974 Timberbank Dr. (“View Here“) (once completed it will automatically be submitted)

–  To have bidding privileges unlocked, email the following to [email protected]: 1) Prospective Bidders username & associated email used for signup at ForeclosureAuctions.com.  2) Executed Purchase & Sale Agreement (once completed it will automatically be submitted) Once all items have been received we will email back confirming receipt, and update as soon as the buyers account has been unlocked and approved to bid. 

Licensed Ohio real estate agents seeking a commission MUST meet the associated requirements by properly registering themselves as the agent through the link within each individual auction their client will be bidding on before their client places any bids whatsoever – NO EXCEPTIONS.  The rest will be up to the buyer, as they will have to successfully register themselves as an individual or company, and place their bid(s) on their own once they have been approved to bid.

***** The agent does not place bids on behalf of the buyer *****

Photos, marketing comments, and due diligence items are provided for guidance purposes only.  All information provided is believed to be true, but cannot be guaranteed.  It is up to the bidder to verify due diligence reports and any / all code violations prior to bidding, to the extent any exist. BY BIDDING ON THIS PROPERTY, THE BIDDER REPRESENTS THEY HAVE INDEPENDENTLY VERIFIED ALL INFORMATION AND HAVE MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION.

Key sale points:

• The opening bid is $250,000 with an unpublished reserve.
• Property is sold 100% AS-IS, WHERE-IS, with all faults, to the extent any exist.
• Property is sold subject to any / all code violations, to the extent any exist.
• Property is sold subject to court approval.
• Seller reserves the right to accept or reject any bid or offer, at any time prior to or subsequent to auction end, for any reason, without notice.
• Information contained in any advertisement is not guaranteed or warranted.
• No contingencies will be accepted, except the Seller’s ability to convey insurable title.
• Property will be sold free and clear of all liens.
• Property taxes will be prorated and paid off to the day of closing.
• Absolutely no financing contingencies.
• Absolutely no inspection contingencies.
• 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.
• $10,000 deposit of the final purchase price must be immediately wired to the Receiver’s title company and received within 24 hours of auction end. 
• The terms of the sale are fully set forth in the Purchase and Sale Agreement and are not negotiable.