- Seller Terms and Disclosures
$1,000 non-refundable deposit is due within 48 hours; full payment is due within 4 days. A $500 closing cost fee, deed processing fee and recording fee will be charged to the buyer, as well as a 10% buyer's premium with a $100 minimum. The deed will be prepared and transferred by the seller to the Register of Deeds for recording within 45 days of receipt of good funds from buyer. Payment may be made by wire transfer or certified funds.
Buyer has been given a full and complete opportunity to conduct its own investigation as to any matter, fact or issue that might influence Buyer's decision to purchase the Properties from Seller. Accordingly, Buyer is willing to purchase the Properties from Seller without any representations or warranties, express or implied (including no warranties of merchantability or fitness for a particular purpose) whatsoever regarding the Properties and on an "as is, where is" and "with all faults" basis. Buyer is also responsible for all back owed taxes, assessments, liens, or encumbrances.
BUYER WILL BE PROVIDED WITH A QUIT CLAIM DEED NOT A WARRANTY DEED!
ALL SALES ARE FINAL.
Example of Transaction Costs:
Example of how to calculate total amount due:
$3,000 Winning Bid
$ 300 (10% or a minimum of $100) Buyers Premium
$ 500 Closing Costs
$3,800 Total due
We offer this property for sale in "AS IS" CONDITION AT THE TIME OF SALE OR CLOSING, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE, KNOWN OR UNKNOWN, with no representations, warranties or guarantees whatsoever, express or implied, regarding their nature, value, source, authenticity, fitness, merchantability, and/or any other aspect or characteristic of these assets. No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. Seller has not performed a title examination and makes no warranty as to the state of the title. All buyers are deemed to have relied entirely on their own information, judgments and inspections of the assets in making the decision to purchase the asset. NOTICE: All due diligence, inspections and verification of information must be completed before bidding. Under no circumstances will Seller make any refunds, adjustments or concessions of any kind for matters that could have been ascertained by the buyer prior to buyer bidding on the property. Remember, your bid constitutes a binding and legal contract to purchase the property. After the close of the auction is not the time to decide that you really don’t want the property after all!