REGISTRATION:
Registration to bid is required prior to bidding through the online auction. Buyers are encouraged to pre-register prior to the day of the auction and will need proof of the appropriate Deposit funds as stated below upon arrival at the auction website. Online auction will start closing at 2pm Sept. 21st (PDT).
By bidding on this platform you are agreeing to comply with the terms and conditions of this auction.
FINAL CONTRACT PRICE:
A 10% (ten percent) Buyer’s Premium will be added to the high bid to establish the Final Contract Price. The bidder with the high bid will be required to sign a Washington Real Estate Sale Contract at the Final Contract Price. These documents will contain the precise terms and conditions of the sale. Copies of said documents are available through the Auctioneer’s office, upon request.
DEPOSIT:
At the conclusion of bidding on the property, the successful bidder will be required to confirm their bid amount and tender their deposit in the amount of $25,000, in the form of a Cashier’s Check or wire transfer, within 24 hours or such other time as may be specified by the Auctioneer following the close of the auction. The deposit should be made to First American Title Company. Balance of the Final Contract Price due within 36 days from the conclusion of the Auction. Deposit funds are non-refundable upon seller’s acceptance.
Your bidding is not contingent upon any financing.
Property is being sold with "a Minimum Bid" of $600,000. The highest bid at or above that amount will be the winning bidder.
BROKER REGISTRATION:
If you are being represented by a Real Estate Broker, the broker must register with the auction company.
A Broker Registration Form is available online in the Documents link & required by Mail or e-mail to Stuart Realty Group, Inc. received by 6pm, September 20th, 2017 USPS mail to 358 NW 1st Ave. Suite 7, Canby, OR 97013 or e-mail form will be accepted as long as they are verified by a representative of the auction company. e-mail contact Tim@StuartRealtyGroupInc.com
CLOSING:
Closing shall occur on or before October 27th, 2017.
POSSESSION:
Possession shall be 6pm on the day of (one week after) the date of closing.
TITLE:
Normal Title Insurance and escrow closing fees apply. Seller will provide marketable title on such
property, subject to no encumbrances except for current taxes and assessments, easements, right of ways, reservations, covenant, conditions, and restrictions of record. A copy of the preliminary title report will be provided prior to close of escrow. This transaction shall close in an escrow office, escrow and title fees to be split 50% to the seller and 50% to the buyer. Taxes will be pro-rated as of the date of closing.
EASEMENTS:
Sale of property is subject to any and all easements, restrictions, roadways, and right-of-ways of record.
DISCLOSURE:
Stuart Realty Group, Inc. represent the Seller’s exclusively. The property is being sold on an AS IS, WHERE IS' basis, with no warranty or representation, expressed, written or implied. Auctioneer reserves the right to delete any property from the auction. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it. Neither Seller, Auctioneer, nor their respective agents, representatives, employees, officers, directors, or shareholders shall be liable for any inaccuracies, errors or omissions in this brochure or in any related document submitted or delivered in connection herewith. All acreage, dimensions, square footage, and taxes in the brochure are from Public record and are deemed reliable but are not guaranteed.
Auctioneer has made reasonable efforts to provide for online bidding for this auction. Bidder recognizes and acknowledges, however, that technical problems with hardware, software, or internet connectivity, as well as human errors, may arise and may affect, without limitation, the auctioneer's website, our online bidding program and process, bidder’s internet service and access, and bidder’s connection to this auction’s bidding program and process. Bidder further acknowledges that these and other technical problems may develop at any time and with or without notice. Bidder acknowledges and agrees that neither Auctioneer nor the Seller is in any way responsible for any such technical problems, and that bidder has no absolute or other right to be able to bid on this auction in the event of any such technical problems. Notwithstanding the foregoing, bidder
further acknowledges and agrees that, in the event of any such technical problems, Auctioneer reserves the right to postpone or cancel the auction and/or extend the bidding time for this auction and/or relist the property for auction at another time, in our sole discretion, and that our decision with regard to any such actions is and will be final.
SELLERS RESERVE THE RIGHT TO SELL THE PROPERTY PRIOR TO THE AUCTION.
Auctioneer reserves the right to change any Terms of Sale.