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139 E. Seventh St. |
151 E. Seventh St. |
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Property
Information
Four Mobile Homes
setting on approx. 107’ x 152' lot zone R8. Some of the
tenants have lived there for over 20 years, Excellent
income producing properties. |
----TERMS:
10% down the day of Auction, balance due in full upon delivery
of the merchantable title and deed free and clear of all liens
and encumbrances except as stated herein and subject to
easements or restrictions of record. A 5% buyer’s premium will
be added to final bid and included in the total contract
price. All bids accepted on the Real Estate subject to the
Sellers approval.
----CONDITIONS: Your bidding is not conditional upon
financing, so be sure you have arranged financing, if needed,
and are capable of paying cash at closing.
----TAXES:
Buyer shall assume and pay real estate taxes due and payable
in Nov. 2008
----POSSESSION:
One day after closing subject to tenants rights.
----IMPROVEMENTS & FIXTURES: The Real Estate includes all
improvements and permanent fixtures used in connection with
it, (excluding any satellite receiving station or dish,
components and wiring) now in or on the Real Estate (except
rental units water softeners, heating storage tanks).
----SURVEY:
The Seller has a legal description for the property so no
survey will be provided. If a survey is requested it will be
paid by the buyer.
----AGENCY
DISCLOSURE & GENERAL OFFICE POLICIES: Ness Bros. Auction
Staff (Auctioneers and Ringmen) will represent the Seller
exclusively unless Ness Bros. Agent has a signed buyer agency
agreement with buyer, then that agent has a limited agency
with buyer.
----DISCLAIMER & ABSENCE OF WARRANTIES: All information
contained in the 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 co. 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.
----CLOSING:
Balance of purchase price is due in cash at closing, which
will take place within 30 days of proof of insurable title.
The fee charged by any closing agent (including an attorney
acting as a closing agent for both parties, or Buyer’s lender
acting in such capacity) for closing services shall be paid
equally by the parties. Each buyer will be responsible for
paying a $195.00 transaction fee to be collected at closing.
----SPECIAL
NOTE: The top bidder will be required to enter into a
written agreement to purchase improved real estate contract
irrevocable with earnest money deposited at the auction site
immediately following closing of the auction. By executing
this agreement, buyer is making an offer to seller, buyer’s
offer expires at 11:59 P.M. (local time) May 15, 2008 unless
seller timely accepts it.
THANK YOU
for your interest in this offering. If you have any questions,
please feel free to talk to one of our representatives.
