REAL ESTATE AUCTION

Associated Auctioneers & Appraisers, Inc.

 

Date(s) 2/20/2023 - 2/23/2023

2/20/2023 AT 9 AM CLOSE AT 2/23/2023 3 PM

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

10% BUYERS PREMIUM ADDED TO HAMMER PRICE

Auction Notice:

10% BUYERS PREMIUM ADDED TO HAMMER PRICE

Auction Information
Name REAL ESTATE AUCTION
Auctioneer
Type Online-Only Auction
Date(s) 2/20/2023 - 2/23/2023
Auction Date/Time Info
2/20/2023 AT 9 AM CLOSE AT 2/23/2023 3 PM
Preview Date/Time PREVIEW 2/20 FROM 11 AM TO 4 PM 2/22 FROM 11 AM TO 4 PM OR CALL FOR APPT. 410-489-7200
Checkout Date/Time PLEASE SEE TERMS
Location
Buyer Premium 10% buyers premium with cash or check
Description
Gergory's & Associates 13057 PENN SHOP ROAD MT. AIRY, MD 21771 3 BEDROOM, 2 FULL BATH, 1200 SQ FT BUILT 1967 ON .047 ACRE LOT UNFINISHED BASEMENT, BASEMENT GARAGE 1 OUTBUILDING
PROPERTY SELLING AS IS 10% BUYERS PREMIUM ADDED TO SELLING PRICE $5,000.00 DEPOSIT GUARENTEED FUNDS REQUIRED WITHIN 24 HOURS OF CLOSE OF AUCTION. AN ADDITIONAL 10% OF HAMMER PRICE IS DUE WITHIN 5 BUSINESS DAYS, LESS $5,000.00 DEPOSIT. BUYER ASSUMES ALL CLOSING COSTS. ALL DEPOSITS WILL BE PUT INTO AN ESCROW ACCOUNT UNTIL SETTLEMENT WITHIN 30 DAYS OF AUCTION AT PATRICIA MCKENZIE LAW OFFICE @ 26317 RIDGE ROAD, DAMASCUS, MD HOUSE WAS BUILT PRIOR TO 1978 AND CONTRACT WILL INCLUDE FEDERAL LEAD PAINT WAIVER.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 2,500.00 USD
Currency USD
Buyer Premium 10% buyers premium with cash or check
Payment Terms
$5,000.00 DUE WITHIN 24 HOURS OG AUCTION CLOSE. 3 DAYS EARNEST MONEY DEPOSIT OF 10% OF HAMMER PRICE. SETTLEMENT TO BE DONE WITHIN 30 DAYS OF AUCTION CLOSE, BY PATRICIA MCKENZIE, ESQ, DAMASCUS MARYLAND
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