|Seller Name:||Pierce County Facilities Management|
|Location:||XXX S 50TH ST, WA|
|Number of Bids:||1|
|This is the final amount the asset was sold for. Winning Bid:||$420|
|It is the floor at which bidding begins. Our system cannot accept a bid lower than the minimum bid amount. Minimum Bid:||$420|
|Your Bid Status:||Log in to view status|
|It is the minimum dollar amount a Seller is willing to accept for an auction. This amount is not disclosed on the Web site, but bidders are notified once the reserve price has been met. Auctions with no reserve price are labeled as "No Reserve" on the auction listing. Reserve:||No Reserve!|
|Auction Started:||12-06-21 11:30 AM ET|
|Auction Closed:||12-07-21 02:15 PM ET|
|It is an extension of the auction close time and keeps an auction open as long as there is active bidding. It occurs automatically when a bid is placed within the last few minutes of an auction. The auction will remain open until an entire overtime increment has passed without any bidding. The overtime increment is indicated on the auction listing. Overtime Period:||5 minutes|
|Deposit Required:||$800 — See Instructions|
|This fee is added to the winning bid amount and covers the costs associated with the auction. The buyer's premium percentage is indicated on the auction listing and displayed during the bid process. See the Settlement Requirements section of the auction for more details on the Buyer's Premium. Buyer's Premium:||10.0%|
|The Pierce County Department of Facilities Management offers Tax Title property for auction and encourages bidders to research the property thoroughly using the following information as a starting point.|
|Legal Description||Section 20 Township 20 Range 03 Quarter 12 SOUTHSIDE ADD TO TACOMA: SOUTHSIDE ADD TO TACOMA W 8 FT OF S 15 FT OF L 3 & W 8 FT OF 4 B 4626|
|Address||XXX S 50TH ST, WA|
|Parcel Map||View Parcel Map|
|Add'l Information||Parcel Information Click Here|
|Assessed Values From||2021|
|Total Assessed Values||$2,100.00|
The due diligence items below apply to all related auctions from this seller.
General Sale Information
End of Auction
After the close of the final Pierce CountyFacilities Management listing for auction, all winning bidders are sent detailed instructions via e-mail on settlement procedures and how to provide the county with the necessary deed transfer information.
Pierce County requires that the winning bidder submit the deed transfer information to Bid4Assets within 24 hours of the close of auction.
To bid on this auction, all bidders are required to become qualified by placing a deposit. The deposit of the winning bidder is automatically transferred to the seller at the end of the auction. If the winning bidder fails to perform on any auction, the entire BidDeposit will be forfeited to the seller. Non-winning bidder deposit refunds are mailed within ten (10) business days after the close of the auction. This deposit cannot be applied to other auctions. To find out more about the BidDeposit requirement, click here.
Full payment must be received by Bid4Assets no later than 4:30 PM ET, Wednesday, December 8th, 2021. A $35 per-parcel-won administrative fee will be added to the final Sale price. If the payment policy is not adhered to, the winning bidder will forfeit their deposit and may be banned from future sales.
There is a 10% Buyer's Premium (a $100 minimum) associated with the sale of this parcel. (The Buyer's Premium covers the costs associated with the auction). This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.
This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction).
This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.