Commercial Building

Bid To Buy Auction and Realty

 

Date(s) 10/31/2016 - 12/31/2016

Internet Only Auction

Past Auction
Online-Only Auction
Bidding Notice:

This Property will be sold by ONLINE AUCTION ONLY. You must register and bid online.

Auction Information
Name Commercial Building
Auctioneer
Type Online-Only Auction
Date(s) 10/31/2016 - 12/31/2016
Auction Date/Time Info
Internet Only Auction
Preview Date/Time Please call to set up a showing.
Checkout Date/Time This will be a soft close.
Location
Buyer Premium 10% Added to Purchase Price
Description
1231 Hwy 30 Etowah TN 37331 McMinn County. Tax ID:96x170IRR - Deed Book:115 - Deed Page 381 - Approx.Lot Size .51 Acres - Estimated Total SqFt 1500 - Estimated Year Built 1991 - Zoned Commercial for Multiple uses. Auctioneer# 6591 Firm# 5877
We are featuring this Multiple-use commercial building with 1500SqFt, at AUCTION with online only bidding. The bidding is on this commercial property, located in Etowah TN. Please review all property and be certain of the property before you bid. We often present multiple properties at AUCTION and want to make sure you are bidding on the property you desire. Bidding ends December 31 at 1:00pm - Register and Bid Now. The successful bidder will deposit 10% down as earnest money with balance due in 45 days. There is a 10% Buyer's Premium in effect for this auction. 10% of the bid amount will be added to the bid to determine the final purchase price. This is a Soft Close. TERMS & CONDITIONS PROCEDURE: DOWN PAYMENT: A 10% down payment of the total contract purchase price will be due immediately after being declared the buyer. The down payment may be paid in the form of personal check, business check, or cashier's check. The balance of the contract purchase price is due in cash or bank check at closing within 45 days. YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING. ACCEPTANCE OF BID PRICES: The successful bidder will sign a purchase agreement immediately following the close of online bidding. BUYER'S PREMIUM: A Ten percent (10%) Buyer's Premium will be added to the final bid price to arrive at the total contract purchase price paid by the Buyer. CLOSING: Closing shall take place 45 days after the contract has been fully executed, or as soon thereafter as applicable closing documents are completed. POSSESSION: Possession will be given at closing - Date of Deed. TITLE: Seller shall execute a proper deed (General Warranty Deed) conveying the real estate to the buyer(s). Property will be conveyed with good, clear title. Buyer has the option to purchase TITLE INSURANCE. REAL ESTATE TAXES AND ASSESSMENTS: The current year taxes on said Property shall be prorated to the date of closing. There are no liens on this property and all taxes are paid current. EASEMENTS: Sale of said property is subject to any and all easements of record. SURVEY: No New Survey - Selling per existing deeds AGENCY: Bid To Buy Auction and Realty and its representatives are Exclusive Agents of the Seller. ZONING: Currently is Zoned Commercial. DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this website listing and all related materials are subject to the terms and conditions outlined in the agreement to purchase. The auctioneer may UPDATE these Terms prior to the auction end date and time. Any changes will be made known to all registered bidders. The property is being sold on an "AS IS, WHERE IS" basis, and no warranty or representation, either express or implied, concerning the property is made by the Seller or the auction company. Each registered bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this listing is believed to be accurate but is subject to verification by all parties relying on it. No liability for its accuracy, errors or omissions is assumed by the Seller or the auction company. All acreages and SqFt are approximate. Inspect property before bidding. Auctioneer#6591 Firm#5877
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 100.00 5.00 USD
100.01 - 1,000.00 100.00 USD
1,000.01 - 10,000.00 100.00 USD
10,000.01 - 100,000.00 100.00 USD
100,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium 10% Added to Purchase Price
Payment Terms
Currency : USD Buyer Premium: 10% of the Bid Amount will be added Payment: 10% of the total amount is due for a down payment (non-refundable). The remaining balance of the purchase amount will be due at closing - On or before 30 days of bid acceptance
Real Estate closings shall take place on or before 45 days post auction date.
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.