DSGS Holdings Inc. Real Estate Auction

John Sisk Auctioneers, Inc.

 

Date(s) 2/4/2018 - 2/24/2018

Saturday, Feb. 24th 4:00PM CST Live Only

Past Auction
Bidding Notice:

Live On Site Only, Internet is for Viewing Only

Auction Notice:

Live On Site Only, Internet is for Viewing Only

Auction Information
Name DSGS Holdings Inc. Real Estate Auction
Auctioneer
Date(s) 2/4/2018 - 2/24/2018
Auction Date/Time Info
Saturday, Feb. 24th 4:00PM CST Live Only
Preview Date/Time Friday, Feb. 23rd from 10am to 4pm Saturday, Feb. 24th beginning at 8am
Checkout Date/Time See Terms & Conditions for Closing
Location
Buyer Premium 10% Buyers Premium on all items
Description
This Building Encompasses 2100 +/-SQ Ft of the Main Floor Area and 940sq.ft. Upstairs For Either Office or Inventory. 5% Buyers Premium. Call Kenneth Lipton our Broker for Viewing 361-449-5430
  1.  THIS IS NOT A FORCED AUCTION SALE. BUYER RESERVES THE RIGHT TO ACCEPT OR REJECT THE BID.   2.  ANNOUNCED TERMS SUPERCEDE ALL WRITTEN ONES.   3.  ALL POTENTIAL BUYERS OF THE REAL ESTATE MUST REGISTER AND GET A BIDDERS NUMBER PRIOR TO THE AUCTION  4.  THIS PROPERTY IS BEING SOLD "AS-IS--WHERE-IS" WITH NO WARRANTIES OR GUARANTEES BEING EXPRESSED NOR IMPLIED  5.  AN INTERESTED BUYER MAY MAKE AN APPOINTMENT AT ANYTIME PRIOR TO THE AUCTION FOR THEIR OWN INSPECTOR(S) TO COME IN AND INSPECT THE PROPERTY.  6.  A PROSPECTIVE BUYER MUST BRING A CASHABLE $5,000 PERSONAL CHECK WITH THEM TO PRESENT TO THE BROKER IF HE/SHE IS THE HIGH BIDDER AND THE MONEY WILL BE PLACED IN ESCROW.   7.  BUYER MUST BE ABLE TO CLOSE WITHIN 30 DAYS.  IF, FOR ANY REASON, THE BUYER IS UNABLE TO CLOSE WITHIN 30 DAYS THE BUYER WILL FORFEIT THEIR $5,000 BACK TO THE AUCTION COMPANY.  8.  THERE WILL BE A 5% BUYERS PREMIUM IN EFFECT ON THE SALE OF THIS PROPERTY.  (EXAMPLE) IF THE GAVEL PRICE IS $100,000 THEN 5% ($5,000) WILL BE ADDED TO DETERMINE THE SALE PRICE OF $105,000.  9.  BROKER PARTICIPATION IS ENCOURAGED.  IF A BUYER IS REPRESENTED BY A LICENSED AGENT, THEIR SALESPERSON MUST REGISTER THEIR CLIENT 24 HOURS PRIOR TO THE AUCTION, AND ATTEND ANY SHOWINGS OF THE PROPERTY AND NEGOTIATE A REASONABLE OPENING BID FROM THEIR CLIENT.  A 3% COMMISSION WILL BE PAID TO THE QUALIFYING BROKER OR SALES PERSON ON THE GAVEL PRICE IF THEIR CLIENT IS THE BUYER OF THE PROPERTY.   PLEASE NOTE: YOU DO NOT HAVE TO BE REPRESENTED BY A BROKER/SALES PERSON IN ORDER TO BID ON THIS PROPERTY.  NO COMMISSION WILL BE PAID TO A BROKER OR SALES PERSON IF HE/SHE IS A PRINCIPLE PARTY IN THE PURCHASE OF THIS PROPERTY
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 47.50 2.50 USD
47.51 - 95.00 5.00 USD
95.01 - 290.00 10.00 USD
290.01 - 475.00 25.00 USD
475.01 - 950.00 50.00 USD
950.01 - 9,900.00 100.00 USD
9,900.01 - 19,500.00 500.00 USD
19,500.01 - 49,000.00 1,000.00 USD
49,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% Buyers Premium on all items
Payment Terms
$5000 Check or Cash due on Auction Day, Balance at Closing Deposit is Non Refundable.
N/A
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.