REAL ESTATE AUCTION: 13259 BROADWAY, ALDEN, NY 14004

Bontrager Real Estate & Auction

 

Date(s) 6/1/2021 - 6/22/2021

Starts: Tuesday, June 1 at 9:00 a.m. Ends: Tuesday, June 22 at 7:00 p.m.

Past Auction
Online-Only Auction
Shipping Not Available
Bidding Notice:

Internet Bidding Only

Auction Notice:

Open House: Tuesday, June 8th, 4-6 p.m. Contracts to be signed and nonrefundable deposit paid within 24 hours of the close of auction. Deposit will be paid with cash or certified bank funds (no personal checks). Closing will take place approximately 45 days from the auction and is not contingent on buyer's ability to secure funds.

Auction Information
Name REAL ESTATE AUCTION: 13259 BROADWAY, ALDEN, NY 14004
Auctioneer
Type Online-Only Auction
Date(s) 6/1/2021 - 6/22/2021
Auction Date/Time Info
Starts: Tuesday, June 1 at 9:00 a.m. Ends: Tuesday, June 22 at 7:00 p.m.
Preview Date/Time Open House: Tuesday, June 8th, 4-6 p.m.
Checkout Date/Time Successful bidder will sign contracts and pay $12,000 nonrefundable deposit within 24 hours of the close of the auction.
Location
Buyer Premium 13% credit/debit; 10% cash/cert. funds
Description
Public internet auction of a 3- unit apartment building in the Village of Alden, NY. The property will sell subject to the owner's acceptance of the high bid. Open House: Tuesday, June 8th, 4-6 p.m. Feature of the Property: -Separate utilities -Public water and sewer -Assessed at $183,800 -Long term renters who desire to stay -3,156 total square feet -Large backyard -Well maintained -Strong cash flow- good investment -Hot water boilers in basement for 2 units -Free standing forced air heater in upper apartment -Older electrical service -1 unit has new boiler -Off street parking Unit 1 (Upper) - Single bedroom -Single bathroom -Utilities are all separate -Gas free-standing furnace upstairs -Parking on west side of house Unit 2 (lower) -2 bedroom -Single bathroom -Closets in each room -Hot water natural gas heat (furnace in basement) -Vinyl/hardwood flooring -Use of basement for storage and laundry -Parking on west side of house Unit 3 (upper and lower) -3 bedroom -2 bathrooms -Kitchen, dining room, livingroom, plus 1 bathroom downstairs -3 bedrooms and 1 bathroom upstairs -Appliances w/ unit -Hardwood & vinyl flooring -Older fuses in basement -Use of basement for laundry & storage Taxes: - County: $1,135 -Town/Village: $1,587 -School: $2,725 -Total: $5447 $15,000 nonrefundable deposit in cash or certified funds (no personal checks) at signing of contract. Cooperating brokers must register their clients with the auction company by June 8th and accompany their clients to the Open House.
By bidding with our auction company, you are agreeing to the following. This property will be sold subject to the owner's acceptance of the final bid. 10% buyer's premium is added to the final bid price resulting in purchase price. $15,000 nonrefundable deposit is due at the close of the auction in cash or certified funds (no personal checks). Proof of funds is required in order to bid. If the deposit is paid with a credit card, a 3% convenience fee will be added to the deposit. Closing will take place approximately 45 days from the end of the auction, and is not contingent on the buyer's ability to secure funds. Cooperating brokers will be protected at 3% if they register their clients with Bontrager Real Estate & Auction Service before the open house dates or before their client registers to bid, and must attend the open house with their client. Brokers can register their clients by emailing todd@bontragerauction.com. Bontrager Real Estate & Auction Service is acting as exclusive agent for the seller. Please review the auction contract and disclosures located in the documents section of our website. -All sales are final. Everything is sold "AS IS" with no guarantees unless otherwise stated by the auctioneer. It is the responsibility of the bidder to assure him or herself as to the condition of items prior to bidding. Condition reports given by the staff of Bontrager’s Auction Service are subjective, and while we strive to be honest, we will not be held responsible or liable for any errors in description. Buyer is responsible for examining items before bidding. Auction company does not take responsibility for buyer's failure to examine. Merchandise is not subject to adjustments once the item has been sold. -By bidding with our auction you are entering into a contract with our terms and conditions. You are accepting responsibility to perform your duties as winning bidder, and agreeing that Bontrager Real Estate & Auction Service, its employees, officers, owners, representatives, agents, and consignors will not be held liable for any losses, claims, liabilities, judgments, expenses, fees, or other damages arising from the use of our services, website, auction property, and this site, including property damage, injuries, dispute with another bidder, or breach by bidder of this site. Any liability to a purchaser will not exceed the purchase price actually paid. -Bontrager Real Estate & Auction Service will not be held responsible for any interruption in internet service, errors, and/or omissions, caused by any means and does not guarantee continual, uninterrupted or error free service or use of the Site. By bidding with our company you are accepting that this auction is conducted electronically and relies on hardware and software that may malfunction without warning. -Bontrager Real Estate & Auction Service has the right to void any sale, suspend bidding, re-sell any item/lots for any other reason. -Bids cannot be retracted once the auction begins. -In the event of legal proceedings arising from this contract or from the auction in connection therewith, buyer consents to being subject to the personal jurisdiction of the courts of the State of New York, Genesee County.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 50.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 20,000.00 500.00 USD
20,000.01 - 50,000.00 1,000.00 USD
50,000.01 - 97,500.00 1,000.00 USD
97,500.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 13% credit/debit; 10% cash/cert. funds
Payment Terms
Bontrager Real Estate & Auction Service will contact the successful bidder after the close of the auction. The bidder will then make arrangements to sign contracts and present the $12,000 nonrefundable deposit either in cash or certified bank draft (no personal checks) within 24 hours of the close of the auction. 10% buyer's premium is added to the final bid, resulting in the purchase price. If a credit card is used to pay the deposit, an additional 3% convenience fee will be added to the deposit.
N/A
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.