Name ONLINE ONLY AUCTION-RE BIDSALES-Now till 1/31/2018 12PM CST
Auctioneer Market Realty Auction Services/RE Bid Sales
Type Online-Only Auction
Date(s) 12/13/2017 - 1/31/2018
Online bidding from now till 12:00 PM CST on 1/31/2018
Preview Date/Time Preview dates noon to 5pm on Dec 16-17, Jan 6-7, Jan 13-14, and Jan 20-21 or shown by appt.
Checkout Date/Time N/A
Location 2201 Becker Dr.
Brenham, TX 77833
Buyer Premium 10% Buyer's Premium
Description
12420 Hwy 290 E Chappell Hill, TX being offered in ONLINE ONLY AUCTION until 1/31/2018 12:00PM CST. Property offered for sale via online auction or sealed bids by 12pm CST January 31, 2018 the bid deadline. Property is being sold with reserve and with NO contingencies. Buyer’s Premium, totaling 10% of High Bid Price is due upon acceptance of bid. Closing shall take place on or before February 16, 2018. Preview dates noon to 5pm on Dec 16-17, Jan 6-7, Jan 13-14, and Jan 20-21 or shown by appt. TDLR license number #16709 Roger Chambers. For more information call 979-830-7708 or 979-289-2159.
TERMS & CONDITIONS REBIDSALES INC. PROPERTY OFFERING ONLINE AUCTION 12420 HWY 290 CHAPPELL HILL, TEXAS 77426 Procedure: The property will be offered for sale via the RE BidSales process with sealed and/or online bidding with bids to be completed by 12pm CST January 31, 2018 the bid deadline. Earnest Money: $10,000 of High Bid Price is due immediately from successful bidder and acceptance by seller payable to Washington County Abstract Company. Remaining balance of High Bid Price is due at closing. Bid Acceptance: Property is being sold with reserve. Successful Bidder shall immediately sign Purchase Contract to be presented to Seller. All bids are subject to seller approval. Property is being sold with NO contingencies. Obtaining financing is the sole responsibility of the Buyer and contract is NOT contingent upon financing or any other contingencies. Buyers Premium: A Buyer's Premium, totaling 10% of High Bid Price is due upon acceptance of bid and made payable to Real Estate Bid Sales and is non-refundable except in the instance of title defects by seller. If seller is unable to provide the warranty deed and title as provided in the contract the buyer's premium will be refunded to buyer. Closing: Closing shall take place on or before February 16, 2018. Possession: Possession shall be given to buyer at closing and funding. Title: Seller shall furnish title according to exceptions listed in contract and title insurance policy and will provide a warranty deed. Taxes: Taxes payable for current year shall be paid and or prorated at closing. Any past due taxes will be paid at seller's expense at closing. Agency: Real Estate Bid Sales, Inc. or Market Realty Inc .and its representatives are listing agents of the Seller and reserve the right to act as intermediary with buyer and seller approval. Cooperative Brokers who represent the Buyer and register the buyer before the bid deadline will be paid a 3% commission of the high bid price at closing from RE Bid Sales Inc. Co broker must register by completing the section below. No commission will be paid to any agent acting as a principal in the transaction. No exceptions. Property Condition & Inspection: Property is being sold "as is, where is", and buyer accepts the property in its current condition with all faults or conditions and seller, sellers agents or representatives, RE BID Sales Inc or agents make no representation as to the condition or suitability of the property for any purpose. Buyers are encouraged to inspect property prior to submission of bid. Buyers assume risk of doing so. Additional Items: Acceptance of terms and conditions by buyer. No bids will be accepted unless terms and conditions, auction contract, title report, legal description, map and exception documents have been signed and agreed by buyer. ________________________________________________ Buyer Date ________________________________________________ Buyer address phone email ________________________________________________ Co-Broker/Buyers agent Date ________________________________________________ Co Broker address phone email
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 95.00 5.00 USD
95.01 - 975.00 25.00 USD
975.01 - 9,750.00 250.00 USD
9,750.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% Buyer's Premium
Payment Terms
Earnest Money: $10,000 of High Bid Price is due immediately from successful bidder and acceptance by seller payable to Washington County Abstract Company. Remaining balance of High Bid Price is due at closing. Bid Acceptance: Property is being sold with reserve. Successful Bidder shall immediately sign Purchase Contract to be presented to Seller. All bids are subject to seller approval. Property is being sold with NO contingencies. Obtaining financing is the sole responsibility of the Buyer and contract is NOT contingent upon financing or any other contingencies. Buyers Premium: A Buyer's Premium, totaling 10% of High Bid Price is due upon acceptance of bid and made payable to Real Estate Bid Sales and is non-refundable except in the instance of title defects by seller. If seller is unable to provide the warranty deed and title as provided in the contract the buyer's premium will be refunded to buyer. Closing: Closing shall take place on or before February 16, 2018.