Terms:
BIDDER REGISTRATION: All prospective buyers must register to bid. A $12,000.00
cashier’s check or certified check payable to PACIFIC AUCTION EXCHANGE, INC will be required to bid at the Auction. The successful bidder will be required to deposit a $12,000.00 non-refundable payment into the Broker's trust account until time of closing. A 10% Buyer’s Premium will be added to the final price. CLOSING: Closing will take place within thirty (30) days of the auction. A Grant Deed will be supplied by the seller at seller’s expense, giving marketable title subject to restrictions of record. Taxes are prorated. PROPERTY INSPECTION: Preview of the property is essential. Property is being sold in “as is, where is” condition. Property will be sold to subject to easements, restrictions, zoning and other matters of record. BIDDER INFORMATION PACKAGE: A package of information has been assembled for this property and includes: a Preliminary Title Report, Real Estate Transfer Disclosure Statement, Pest Control report. Announcements made from the podium at the time of auction take precedence over all printed material. CONDUCT OF AUCTION: Conduct of auction and increments of bidding are at the discretion of PACIFIC AUCTION EXCHANGE. PACIFIC AUCTION EXCHANGE reserves the right to deny any person admittance to the auction. BROKER PARTICIPATION INVITED: Subject to established PACIFIC AUCTION EXCHANGE guidelines. All information in this brochure was derived from sources believed correct, but is not guaranteed. ALL PROPERTY MEASUREMENTS ARE APPROXIMATE. It is Buyer’s responsibility to verify all property specifications prior to the auction date. PAX is agent of seller.