Special Terms
TERMS OF SALE
REGISTRATION: Registration to bid is required prior to bidding at the Online Only Auction. Buyers can register online and will need proof of the appropriate Deposit funds as stated below.
FINAL CONTRACT PRICE: A 10% (ten percent) Buyer's Premium will be added to the high bid to establish the Final Contract Price. The bidder with the high bid will be required to sign an Oregon Real Estate Sale Contract at the Final Contract Price.
DEPOSIT: ($5,000) The deposit will be charged to the credit card that you register with. The balance of the Final Contract Price will be due by July 1st 2011. Deposit funds will be collected from successful bidders only and become non-refundable upon seller's acceptance of the sale.
Your Bidding is not contingent upon financing or any additional inspections.
Property is being sold to the highest bidder at or above 'The Minimum Bid of $269,000'
BROKER REGISTRATION: A Broker Registration form is required by E-mail or US Mail to Stuart Realty Group, Inc. received by 5pm on May 26th, 2011, E-mails will also be accepted as long as they are verified by a representative of the auction company. e-mail is Tim@StuartRealtyGroupInc.com
CLOSING: Closing shall occur on or before July 1st, 2011 as soon as marketable title can be provided.
POSSESSION: Possession shall be 6pm the date of closing.
TITLE: Normal Title Insurance and escrow closing fees apply. Title insurance will be provided by the seller insuring the title on such property to be in fee simple, subject to no encumbrances except for current taxes and assessments, easements, right of ways, reservations, covenant, conditions, and restrictions of record. A copy of the preliminary title report will be provided prior to close of escrow. This transaction shall close in an escrow office, escrow fee to be split 50/50. Taxes will be pro-rated.
EASEMENTS: Sale of property is subject to any and all easements, restrictions, roadways, and right-of-way's of record.
DISCLOSURE: Stuart Realty Group, Inc. represent the Seller exclusively. The property is being sold on an 'AS IS, WHERE IS' basis, with no warranty or representation, expressed, written or implied. Auctioneer reserves the right to delete any property from the auction. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate but is subject to verification by all parties relying on it.
Neither Seller, Auctioneer, nor their respective agents, representatives, employees, officers, directors, or shareholders shall be liable for any inaccuracies, errors or omissions in this brochure or in any related document submitted or delivered in connection herewith. All acreage, dimensions, square footage, and taxes in the brochure are from Public record and are deemed reliable but are not guaranteed.
Auctioneer reserves the right to waive formalities of the sale.
Seller reserves the right to sell the property to the end of auction timeline.