7 Unit Rental in Wrightsville, PA

H.K. Keller

 

Date(s) 6/10/2021 - 6/30/2021

The real estate auction will be held on Wednesday, June 30th, 2021 at 2pm. Onsite bidding is available as well as online bidding. Online bidding is available now until the property is sold.

Past Auction
Shipping Not Available
Bidding Notice:

The live auction will begin at 2pm on June 30th. This auction is a simulcast auction, meaning you will be able to see and hear the auctioneer in real time. The auctionerr will be accepting bids from online bidders and in some cases, phone bidders. The auctioneer will use the online prebidding to start the auction and will take bids from live bidders as well as online bidders.

Auction Notice:

Settlement will take place on or before August 31st, 2021.

Auction Information
Name 7 Unit Rental in Wrightsville, PA
Auctioneer
Type Live Webcast Auction
Date(s) 6/10/2021 - 6/30/2021
Auction Date/Time Info
The real estate auction will be held on Wednesday, June 30th, 2021 at 2pm. Onsite bidding is available as well as online bidding. Online bidding is available now until the property is sold.
Preview Date/Time Preview for this property will occur on Saturday, June 19th at 11am and Saturday, June 26th at 11am. To register for the open house, please follow the link below. https://calendly.com/hkkeller-1/7-unit-rental-open-house
Checkout Date/Time Settlement will take place on or before August 16th, 2021.
Location
Buyer Premium This auction has a 10% buyer's premium.
Description
Great opportunity for investors, landlords or someone looking to buy a fully occupied, 7 unit property. 4 units are residential, 2 are commercial store front and 1 is the garage. Tenants prefer to remain. Includes off street parking. Open Houses are on Saturday, June 19th and Saturday, June 26th promptly at 11am. This will be a guided open house. This property is being sold at auction on Wednesday, June 30th at 2pm. Pre-bidding is available online now through June 30th at 2pm. The auctioneer will begin streaming live video at 2pm to sell the property online. The auctioneer will not be on location for this auction.
By registering as a buyer and/or bidder on the property, you agree to these Terms and Conditions. The real estate auction will be held on Wednesday, June 30th, 2021 at 2pm. All bidding will be done online or over the phone if prior arrangements have been made. Online Pre-Bidding is available now until the property is sold. This property is being offered free and clear of any liens and encumbrances with no warranties or guarantees in “As-Is” condition with all faults and defects. The sale is not subject to any contingency, including mortgage or inspection contingencies. Purchaser understands that any and all required or needed repairs, inspections, surveys, or permits are strictly and solely Purchaser’s expense and obligation. There is a 10% buyer's premium paid by the buyer on the winning bid. The winning bid plus the 10% buyer's premium will comprise the total purchase price. The real estate transfer taxes will be calculated on the total purchase price. The buyer pays both transfer taxes. Any personal property owned by the tenants remains the tenant's property. The property is being offered with a reserve and will be sold subject to seller’s confirmation. The winning bidder will pay a $40,000 down payment and sign the Purchase Agreement and Seller’s Property Disclosure Statement at the conclusion of the auction. The remaining balance will be paid at settlement. Settlement will take place on or before August 31st, 2021. If the purchaser fails to comply with the terms and conditions of this auction or the purchase agreement, the seller may retain the deposit as liquidated damages, and may proceed to make a resale of the property, either at public or private sale. H.K. Keller has the right to reject any bids placed using the online bidding platform. Only the registered bidder may bid using the registered account, unless arrangements with H.K. Keller have been made. If you are an online bidder and your bid wins the property, you will be emailed payment information, a Purchase Agreement and Seller’s Property Disclosure Statement to sign electronically or to print, sign, scan and return via email. These documents should be completed and returned within two hours. Online bidders will have 24 hours from the conclusion of the auction to pay the down payment via wire transfer or cashier’s check unless prior arrangements have been made with the H.K.Keller. H.K. Keller will pay a 3% commission to a real estate brokerage securing the winning bidder. The 3% commission at auction is calculated on the purchase price. The signed Bidder Registration Form must be submitted to H.K. Keller prior to the live auction in order for the broker/agent to be compensated.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 49,999.00 500.00 USD
49,999.01 - 99,999.00 1,000.00 USD
99,999.01 - 199,999.00 2,500.00 USD
199,999.01 - 499,999.00 5,000.00 USD
499,999.01 - 999,999.00 10,000.00 USD
999,999.01 - 9,999,999.99 25,000.00 USD
Currency USD
Buyer Premium This auction has a 10% buyer's premium.
Payment Terms
If you are the winning bidder, your non-refundable down payment of $40,000 is due at the conclusion of the auction. The remaining balance is due at settlement.Settlement will take place on or before August 31st, 2021.
Settlement will take place on or before August 31st, 2021.
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.