ABSOLUTE ESTATE AUCTION-SELLING TO HIGHEST WINNING BIDDER! Fourplex Selling Saturday, September 14th at 9:30am E.T. On-Site. Auction Conducted by Elizabeth Monarch, Auctioneer with Auction Solutions, LLC. Monthly Rent of $485.00 Each & $1,940.00 Gross Monthly Rent. Owner Pays Water, Trash, and Hallway Electric. Newer Windows and Roof. Across From Overdale Elementary School. TERMS & CONDITIONS: A 10% Buyers Premium will be added to the winning bids to determine the final contract selling price for the property. The purchaser shall make a non-refundable deposit at the conclusion of the auction in the amount of 10% of the total purchase price. The deposit must be in the form of cash, certified check, cashier's check, or good personal check secured by purchaser's personal demand note. The balance to be paid upon delivery of a general warranty deed on or before October 13, 2013. Possession to be given at closing and date of deed. Time is of the essence in the purchase agreement. Taxes and Rents to be prorated to date of closing. All leases shall be assigned to Buyer; all rental collections shall be prorated between Buyer and Seller based on date of deed; and all security deposits shall be transferred to Buyer at closing. The property is being sold as is with no warranty. The property is subject to prior sale. Possession with deed. Buyer will pay $125.00 to Agency Title for the preliminary title report at closing. The closing will be at Agency Title. Buyer will waive the right to test for lead base paint and be required to sign a Lead Base Paint Disclosure Form. Buyer is to verify lot size, square footage, restrictions, floodplain, and taxes. Auctioneer/Broker/Seller will not be liable for this information. All risks of loss with respect to the property shall remain with SELLER until the closing and delivery of deed. In Cooperation with RE/MAX Associates. *Any Announcements made the day of the Auction take precedence over printed material or any other oral statements made.
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