BIDDER AGREEMENT
ON-SITE AUCTION – REAL ESTATE
Saturday, July 18, 2026, at 12 NOON
300 So. Broadmoor Blvd., Springfield, Ohio 45504
Known as Clark County Parcel #3400700036104019
Seller: Mary E. Nave, John R. Nave, P.O.A.
AUCTION PROCEDURE: The above real estate will be sold to the highest bidder subject to owner confirmation.
There is No Buyer's Premium for this Real Estate Auction.
TERMS AND CONDITIONS OF AUCTION :
1. THIS IS A RESERVE AUCTION. Bidders shall be responsible for their own due diligence prior to bidding on the property and are advised to conduct, or have conducted on their behalf, any inspections of the property prior to placing a bid. All bids shall constitute a legal and binding offer to purchase the property. Upon close of bidding the high bid shall be presented to Seller. If Seller confirms and accepts the high bid then Seller shall execute a “Contract to Purchase Agreement” and the high bidder shall then be the “Buyer” subject to the remaining terms of this Agreement. The Contract to Purchase Agreement, together with the Terms and Conditions contained herein, shall collectively constitute the Sales Contract. All terms of the Sales Contract shall be binding on both Buyer and Seller. The Bidder acknowledges receipt of disclosure of the terms of the Contract to Purchase Agreement.
2. The successful bidder will be required to enter into a NON CONTINGENT CONTRACT TO PURCHASE AGREEMENT with the sellers at close of auction.
3. Buyer’s Deposit: Upon Seller accepting the high bid, Buyer shall deposit the sum of $10,000 made payable to Harvey Plus LLC (broker). The deposit shall be applied as a credit to Buyer at closing towards the purchase price. Buyer’s deposit shall be non-refundable. In the event Buyer fails to close on the property then it is agreed Seller shall retain Buyer’s deposit as liquidated damages. If Seller fails to perform pursuant to the terms of this Agreement then the Buyer’s deposit shall be returned to the Buyer and both parties shall be released from their obligations under the Sales Contract and said contract shall thereafter be null and void.
4. Seller’s Disclosures: Successful bidder shall execute all necessary disclosures as the Buyer upon Seller’s confirmation and acceptance of the high bid.
5. Auctioneer’s Representation of the Property: The information listed in materials describing the property has been obtained from sources which are deemed by Auctioneer to be reliable, but shall not be guaranteed by the Auctioneer or its agents and employees. Bidder’s shall be responsible for his/her/its own due diligence as to the condition of the property and the property’s suitability for Bidder’s intended use. Bidder shall be responsible, at Bidder’s option, for verifying all property information prior to placing a bid. Bidder’s decision to bid shall be the deemed the independent decision of each Bidder. Auctioneer assumes no responsibility for the condition of the property or for the performance of the parties under this Agreement.
The Bidder hereby warrants and represents that Auctioneer has not made any statements, representations or warranties regarding the condition of the property and premises, fixtures thereto, zoning conditions, governmental requirements or environmental matters, guarantees or warranties of the like, upon which Bidder may rely and which are not contained in this Agreement. The Auctioneer, Harvey Plus LLC, shall not be responsible or liable in any way if the Seller fails to honor the terms of the Sales Contract.
6. Reservation of Right to Cancel Auction or Bid: Bidder agrees the Auctioneer, Harvey Plus LLC, on behalf of Seller, shall have the right to cancel any bid or withdraw any property from the auction at any time prior to Seller confirming and accepting a high bid.
7. Bid Structure: The opening bid and all bidding increments shall be determined solely by the Auctioneer. Auctioneer shall set, and have the right to adjust, the minimum bid increments as the auction progresses. Auctioneer may reject any bid if Auctioneer determines the bid is merely nominal or may negatively affect the auction process.
8. Purchase Price: Upon Buyer and Seller executing the Contract to Purchase Agreement the high bid shall represent the purchase price.
9. Contingencies: By placing any bid at auction the Bidder/Buyer acknowledges and represents the purchase and sale of the property SHALL NOT be contingent upon Buyer securing financing, performing inspections, or Buyer’s satisfaction with any appraisal of the property subject to this Agreement.
10. “AS-IS”: The property shall be auctioned and conveyed in an “AS-IS, WHERE-IS” condition as of the date and time of sale. Neither Harvey Plus LLC, nor the Seller(s), their agents, employees or representatives make any warranties, expressed or implied, of any kind whatsoever concerning the property and this sale. The property will be sold subject to easements, agreements, restrictions or covenants of record affecting the same, if any. Dimensions and/or acreage are more or less.
11. Closing: The closing shall occur on or before September 1, 2026. Title insurance, if desired, shall be paid by the Buyer.
12. Closing Costs: Buyer shall be responsible for all closing costs, including but not limited to: settlement/closing fee, title search fee, the cost of all documentary stamps, wire fees, and other costs incident to settlement. The Seller shall be responsible for the deed preparation fee and conveyance fee.
TERMS AND CONDITIONS (cont.):.
13. Title: At closing the seller shall convey marketable title to the property free and clear of all liens and encumbrances. If the seller’s title is found to be defective the seller shall have the right to remedy the defect within 60 days. If this cannot be done, then, at the option of the buyer, the deposit shall be returned and the auction sale terminated
14. Real Estate Taxes: Pro-rated to date of closing. 2025 taxes, payable in 2026, will be utilized in the tax pro-ration. 2025 taxes are $3,170.66/Year.
15. Possession: Possession upon closing.
16. Agency: It is acknowledged by Buyer that Harvey Plus, LLC., and its representatives, are the Exclusive Agents of the Seller.
17. Disclaimer & Absence of Warranties: All information provided and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The property is sold on an “As Is, Where Is” basis and no warranty or representation, either expressed or implied, concerning the property is made by the seller or the auction company. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries and due diligence concerning the property. The information provided is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the seller, the broker or the auction company. All sketches and dimensions provided are approximate. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The seller, broker and auction company reserve the right to preclude any person from bidding if there is any questions to that person’s credentials, fitness, etc. All decisions of the Auctioneer are final.
