Minimum Bid Auction
Submit All Bids To Our Office. No deposit required. Terms shall apply upon being declared the high bidder. Contract will follow.
Bidders Registration: A 10% buyer’s premium will be added to final bid and included in total contract price, a 10% non-refundable down payment will be due immediately after being declared the buyer. This amount will be applied to the purchase price and will be deposited in the brokers escrow account. The $5,000.00 cashier’s check will be immediately returned in the event the bidder is unsuccessful.
Closing: The balance is due in cash or new loan at closing within 30 days. A Special Warranty Deed will be supplied by the seller at the sellers expense giving marketable title subject to restrictions of record. Taxes & Home Owners Association fees are pro-rated. Title insurance will be at the buyer’s expense.
Bidder Information Package: A Package of information has been assembled for this property and includes: a preliminary title report, area information and a seller’s property disclosure.
Property Inspection: Preview of the property is essential. Property will be sold “as is, where is,” Property will be sold subject to easements, restrictions, zoning and other matters of record.
Broker Participation Invited: A 3% Broker CO-OP is being offered to the broker that brings the successful high bidder. Brokers must register their buyer 48 hours in advance subject to established AJ Karas Auctioneers, LLC guidelines. Contact our office for more information 877-612-8494.
All property measurements are approximate. All information on this website was delivered from sources believed to be correct, but not guaranteed. It is the buyer’s responsibility to verify all property specifications prior to the auction date. AJ Karas Auctioneers, LLC is an agent of the seller. Announcements take precedence over printed materials. Not available to residents of any state in which this real estate is not in compliance with the real estate laws or other laws of that state.
For Complete Terms & Conditions, go to the Property Information Packet on this website.
Copyright 2006-2007 AJ Karas Auctioneers, LLC. All Rights Reserved