Malvern Properties - August 9th

Stafford Auction & Realty

 

Date(s) 7/10/2018 - 8/9/2018

THURSDAY, AUGUST 9 STARTING @ 11:00 AM CST

Past Auction
Bidding Notice:

THERE WILL BE NO BID RETRACTIONS. SERIOUS BIDDERS ONLY. READ ALL TERMS PRIOR TO BIDDING. BY PLACING A BID, YOU AGREE TO ALL TERMS.

Auction Information
Name Malvern Properties - August 9th
Auctioneer
Type Live Webcast Auction
Date(s) 7/10/2018 - 8/9/2018
Auction Date/Time Info
THURSDAY, AUGUST 9 STARTING @ 11:00 AM CST
Preview Date/Time Doors will be open on Wednesday, August 8 from 2:00-5:00PM or 10:00AM day of auction.
Checkout Date/Time We will require $2,000 down day of auction as non-refundable earnest money on EACH property if you are the successful bidder. Balance due at closing in 30 days.
Location
Buyer Premium 10% will be added to the high bid
Description
~3 MALVERN PROPERTIES - ALL SELLING SAME DAY ~ COMMERCIAL/OFFICE BUILDING, MOVE-IN-READY RENT HOUSE, & FIXER-UPPER HOME - ALL SELLING TO THE HIGHEST BIDDER REAL ESTATE AUCTION PRE-BID NOW @ WWW.STAFFORDAUCTION.COM OR BID IN PERSON OR ONLINE DAY OF AUCTION THURSDAY, AUGUST 9, 2018 Selling at 11:00 AM - 1703 Evans Street - 1134sf wood-frame home, 3 bedrooms, 1 bath with single carport, vinyl siding, CH&A. Previously rented for $500/month and is ready for renters. Selling at 11:30 AM - 1025 Edwards Street - 1464sf home 2/3 bedrooms, 1 bath. This is a fixer-upper, handyman special. The house looks to be in sound condition. Selling at 12:00 Noon - 315 W. Third Street (only one block from the HSC Courthouse) - If you are in need of an office and want to be in Malvern close to the courthouse, we may have just what you need. It is a 1232sf building w/3 offices, front reception area, conference room, and kitchen/breakroom. This was previously used as a law office. It is ready to move in to with a new roof, new flooring, and new heat and air. Inspection: Doors will be open on Wednesday, August 8 from 2:00-5:00PM or 10:00AM day of auction. Terms: There will be a 10% buyer's premium added to the final bid on each property. We will require $2,000 down day of auction on each property as non-refundable earnest money if you are the successful bidder. Balance due at closing in 30 days. See website for online terms and photos. Remember that all properties will sell to the highest bidder on auction day.
REAL ESTATE: $2,000 down on EACH property at the conclusion of the auction with the balance due in 30 days at closing. Buyer will receive a general warranty deed at closing. A complete title search has been completed on this property. The property will sell free and clear of all liens and encumbrances. We will require a credit card for bidder verification purposes only. Auction Company will contact the winning bidder by phone at the conclusion of the auction with detailed payment instructions. The following Terms & Conditions apply to the Internet Online Auction. In order to bid, you must read and accept all of the terms and conditions set forth below. Buyer's Contract: Your bids placed on the Stafford Auction & Realty website are a contract and you are responsible for paying all amounts due. Buyers Premium: A buyer's premium of Ten percent (10%) of the high bid will be added to the bid to determine the final sales price. Currency Type: USD Auction Location: 1703 Evans Street, 1025 Edward Street, 315 W Third Street, Malvern, AR. Payment Instructions: Winning bidder will be required to pay $2,000 on each property as non-refundable earnest money by 2PM CST Friday, August 10, 2018. The balance will be due in approximately 30 days at closing. Terms of Sale: 1. YOUR BID IS A CONTRACT TO BUY should you be the winning bidder. 2. All property is sold "AS IS". 3. By bidding on property, the bidder shows acceptance of the terms of the auction. 4. All announcements made prior to the close of the Internet bidding take precedence over any and all written or verbal statements. 5. Stafford Auction & Realty attempts to describe the properties to the best of our abilities however we make no representations or guarantees. In no event shall Stafford Auction & Realty be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Nor shall we be responsible for any errors or omissions in the description of the properties. Stafford Auction & Realty (Auction Company) is providing an Internet auction as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall bidder have any kind of claim against Auction Company or anyone else if the Internet service fails to work correctly during the online auction. Auction Company will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy bidding feature and leave their maximum bid at least 24 hours before the auction closes. Auction Company reserves the right to withdraw or re-catalog items in this auction. THERE WILL BE NO BID RETRACTIONS. SERIOUS BIDDERS ONLY.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 250.00 USD
Currency USD
Buyer Premium 10% will be added to the high bid
Payment Terms
Winning bidder will be required to pay $2,000 on each property as non-refundable earnest money by 2PM CST Friday, August 10, 2018. The balance will be due in approximately 30 days at closing.
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.