REGISTRATION: Registration to bid is required prior to bidding at the Live Auction. Buyers are encouraged to preregister prior to the day of the Live auction and will need proof of the appropriate Deposit funds as stated below upon arrival at the auction site. Property preview on auction day will begin at 8:00 am. (drive by, as each lot has an aerial view platmap onsite)
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 and execute a Oreogn Real Estate Sale Contract at the Final Contract Price.
DEPOSIT: ($5,000) for each property, the deposit may be in the form of cashier's check, approved business check, or cash. Balance of the Final Contract Price due within 33 days from the date of the Acceptance of the offer. Deposit funds are non-refundable upon seller’s acceptance. Property is being sold "As-Is" with no contingencies; your bidding is not contingent upon any financing. 12 Properties will be sold with "No Reserve" (selling to the highest bidder:regardless of price) 3 properties have Minimum bids. Items #1 and #2 have a min. bid of $40,000 and will sell to the highest bidder at or above that bid amount plus the BP. Item # 3 in the sale has a $45,000 Min Bid and will sell to the highest bidder, at or above that min. bid amount plus the BP.
BROKER REGISTRATION: A Broker Registration Form is required; e-mail or regular mail to Stuart Realty Group, Inc. received by 6pm, Tuesday Nov. 7th, 2017 USPS mail to 358 NW 1st Ave. Suite 7 Canby, OR 97013 e-mail form will also be accepted as long as they are verified by a representative of the auction companies.
e-mail is: Tim@StuartRealtyGroupInc.com
CLOSING: Closing shall occur on or before Dec. 12th, 2017 or as soon as Title can insure a marketable title.
POSSESSION: Possession shall be 6pm on the date of closing.
TITLE: Normal Title Insurance and escrow closing fees apply. Title insurance will be provided by the seller insuring the title on such property to be in fee simple, 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, Title and Escrow fees to be split 50/50. Taxes will be pro-rated as per the closing date.
EASEMENTS: Sale of property is subject to any and all easements, restrictions, roadways, and right-of-ways of record.
DISCLOSURE: Stuart Realty Group, Inc. and Macon Bros. Auctioneers represents 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, Auctioneers, 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.
SELLER RESERVES THE RIGHT TO SELL THE PROPERTY PRIOR TO THE AUCTION
Auctioneer reserves the right to change any Terms of Sale
