Weekly Auctions of Exceptional Items
Garnet Valley, PA, United States
DoneWed, Oct 12, 2011 10:00 PM GMT
Multi-Property Real Estate Opportunity!
Public Real Estate Auction of three Lansdale/North Wales, PA properties. Excellent Montgomery County, PA Twin, Ranch and Townhome. North Penn School District, priced to sell. See www.briggsauction.com for details.
Auction & Auctioneer Information
Properties are available to view by appointment only prior to auction date. Call 610-308-9927 to view properties. Auction registration begins at 5:00 p.m.
Terms & Conditions
Registration/Bidding Requirements: - Valid Driver's License - $10,000 cash or certified bank check made payable to yourself. Registration form, and check, or verification of funds via credit card must be made by 12:00 Noon on October 12, 2011 to bid in the live auction. Please call 610-308-9927 to secure your registration. - Final selling price is subject to confirmation the day of the auction. - Property will be sold with reserve. Successful Bidder Information: - A 10% buyer's premium will be added to the final bid, and is due in addition to the final bid to complete the purchase price. - The successful bidder will pay a down payment of 10% of the purchase price within 7 days of the auction. The non-refundable $10,000 registration fee will be used immediately as part of the initial 10% down payment. - The balance of the purchase price is due at settlement. Settlement will be conducted within 45 days of the auction. Settlement date and time to be agreed upon between Buyer, Seller, and Auction House. Broker Participation: We welcome broker participation in this auction, and will pay a two-percent (2%) referral fee to the properly licensed Broker/Agent whose client purchases this property at the auction and settles on the property at closing. To qualify for a referral fee the Broker must abide by the following: - Broker/Agent must hold a valid Real Estate license. - The Broker must register his/her Client on an official registration form supplied by the Auction House on or before the date of the auction. - The registration form must be signed by both the Broker/Agent and Client. - Broker/Agent must attend the auction with the Client. - No referral fee will be paid to any Broker/Agent or a member of his/her immediate family participating in the purchase of the property as a principal. An affidavit may be required as proof that the Broker/Agent is serving only as a Broker/Agent and not as a principal. - Registration of Broker/Agent by another Broker/Agent will not be accepted. Referral fee will be paid upon closing.
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