Bank Ordered Real Estate Auction
Selling Absolute, No Minimums or Reserves, Regardless of Price
3 Warehouses – Walt’s Furniture and Appliances
This Thursday April 23rd 11 AM
Property 1 – 405 N. Laurel St, Springfield, GA
Property Type: Commercial Acreage: 0.61Zoning: R1
|Square Feet: 25,410Year Built: 1968Tax ID: S10100142015 Taxes: $|
Property 2 – 712 N. Laurel Street, Springfield, GA
|County: EffinghamProperty Type: Commercial Acreage: 0.21Zoning: R1
|Square Feet: 5,700 +/-Year Built: 1944Tax ID: S10100022015 Taxes: $|
Property 3 – 405 Crawford Street, Springfield, GA
|County: EffinghamProperty Type: C3 Commercial Acreage: 0.31Zoning: R1||Square Feet: 4,800 s.f. +/-Year Built: 1943Tax ID: S10100012015 Taxes: $
FORKLIFT, TRASH COMPACTOR
REAL ESTATE TERMS AND CONDITIONS:
Offered as 3 individual properties.
– Saturday, April 11th, 10 AM – 2 PM
– Saturday, April 18th, 10 AM – 2 PM
Or by appointment only
REGISTRATION: All bidders must show a valid driver’s license or state issued identification and sign the registration form stating that you agree with the terms and agreement and will perform your duties as a bidder as such.
OFFERING METHOD: The properties will be offered in individually.
DOWN PAYMENT: 10% down payment immediately following auction. The down payment may be made in the form of cashier’s check, personal check, or corporate check.
FINANCING CONTINGENCY FORBEARANCE: YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. THE PURCHASE AND SALES CONTRACT WILL NOT CONTAIN A FINANCING CONTINGENCY CLAUSE so be sure you have arranged financing, if needed, and are capable of paying cash at closing.
BUYER’S PREMIUM: A 10% buyer’s premium will be added to the high bid to determine the final contract price.
PURCHASE AND SALES CONTRACT: All successful bidders will be required to sign a Purchase and Sales Contract at the auction site immediately following the close of the auction.
DEED: Seller shall provide a Warranty Deed. Real estate sold subject to all rights of way, legal highways, leases, and easements.
CLOSING: The balance of the purchase price is due at closing, which will take place no later than 5 pm on Friday, May 22, 2015. Attorney’s fee will be paid by the purchaser(s). All lender costs shall be paid by the purchaser(s).
CLOSING ATTORNEY: The closing will take place at the office of Carellas and Newberry Law Firm located at 440 Silverwood Centre Drive, Rincon, Georgia 31326.
POSSESSION: Possession of real estate will be granted at closing.
REAL ESTATE TAXES: The 2015 taxes will be prorated on the day of closing. All previously owed taxes have or will be paid by the seller.
ACREAGE: All tract acreage, dimensions, and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.
PROPERTY INSPECTION: Each potential Bidder is responsible to conduct, at their own risk, their own independent inspections, investigations, inquiries, and due diligence concerning the property. Inspection dates have been scheduled and will be staffed with auction personnel. Please feel free to inspect the land at any other time at your own risk.
EASEMENTS: Subject to any and all existing easements.
AGENCY: Maier Auctions and Realty, Inc. and its representatives are exclusive agents of the Seller.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. 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 subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, etc. All decisions of the Auctioneer are final. ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE