Auctioneer Chuck Cryderman and Associates, L.L.C.
Type Online-Only Auction
Date(s) 5/21/2015
Location 73600 Church St.
Armada, MI 48005
Buyer Premium 5% Buyer's Fee applied to this Auction
BIDDER AGREEMENT: AGENCY DISCLOSURE: Auctioneers, Chuck Cryderman & Associates act as Exclusive Agents for the Seller. The duties that a Seller's Agent owes to the Seller include; promoting the best interests of the Seller; fully disclosing to the Seller all facts that might affect or influence the Seller's decision to accept an offer to purchase; keeping confidential the Seller's motivations for selling; presenting all offers to the Seller; disclosing the identities of all Buyers and all information about the willingness of those Buyers to complete the sale or to offer a higher price. The property is being sold "AS IS/WHERE IS" with no warranties express or implied as to the condition of the buildings or land, including any environmental concerns and lead-based paint concerns, which Purchaser agrees to waive any and all inspections. The Auctioneers, Realtors and Sellers will assume that the Buyer is relying on his or her own judgment and information regarding any of these properties. At the conclusion of bidding, the successful Bidder must sign a Purchase Agreement, stating the bid price and terms of the sale. Taxes, as applicable, will be prorated to the day of closing, as if paid in advance. The successful Bidder must deposit with the Auctioneers 10% of their Contract Price in the form of personal check, cashier's check or cash on the day of the sale. This is a NON-REFUNDABLE deposit and will be forfeited by the Purchaser should the Purchaser choose not to proceed with the closing after acceptance by the Seller of the bid price and terms. The deposit will be applied to the purchase price at the time of closing. All bids are subject to the approval of the Sellers within forty-eight (48) hours. (Business Days) The Sellers will supply an Owner's Policy of Title Insurance with standard exceptions, to the successful Purchaser, Trustee Deed will be provided. The closing will take place within thirty (30) days of the Auction Date or as soon as possible with the understanding that "Time is of the Essence." Closing packages should be available approximately two (2) days prior to closing for review by the Purchaser and/or their Attorney. Closings wil take place at the offices of Chuck Cryderman & Associates, LLC or another designated location. Closings held for Purchaser at Title Company office are at the expense of the Purchaser. Immediate Possession will be available after the Closing. The Sellers reserve the right to review any and all bids, to compare offers submitted with appraisals and/or market evaluations, waive irregularities and/or informalities and accept, reject or counter any or all bids as deemed in the best interest of the Sellers at their sole discretion. There is a 5% Buyer's Fee to be added to the Bid Price for this property. This sale is not subject to Purchaser obtaining a mortgage. All finances must be in order and Purchaser prepared to close thirty (30) days following the date of the auction.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 200,000.00 500.00 USD
200,000.01 - 9,999,999.99 2,500.00 USD
Currency USD
Buyer Premium 5% Buyer's Fee applied to this Auction