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REAL ESTATE AUCTION #4

Cunningham & Associates Real Estate, LLC

July 21, 2007 10:00 AM

 

NO RESERVE

NO BUYERS PREMIUM

 

SUBJECT PROPERTY

BANKRUPTCY

  • Commercial building
  • 367 N. 21st Ave., Phoenix, AZ
  • Lot Size of each lot:  38,445 sq. ft. +/-  
  • Building size:  9,000 +/- sq. ft.
  • Maricopa County APN:  109-30-070-A
  • Legal Description:  CHRISTY CROFT LOT 37 & W2 A BAND ALLEY LY ADJ ON E
  • County Full Cash Value:  $571,576.00
  • Taxes:  $15,831
  • Building was former family support center and medical office
  • Fenced yard
  • Zoning:  MM (Multi Family)
  • Legal Class (Commercial) Medical/Dental

TERMS:  $1,000.00 cash/cashier’s check deposit made out to Bidder in order to obtain a Bidder’s card.  This deposit is refundable to all unsuccessful bidders.  10% of successful bid must be paid in cash or cashier’s check to title company no later than 7/23/07, 12 PM as a non-refundable deposit.  Balance of successful bid is due at close of escrow on Tuesday, August 14, 2007. All Bidders are encouraged to personally inspect the subject property prior to auction as this property will be sold “as is” and “where is”.  Close of escrow to occur on or before 8/14/07.  Security Title Agency shall be escrow company.  All closing documents must be signed and returned to title company no later than 8/10/07.  Buyer to pay all escrow fees/title fees/recording fees/title insurance.    Bidders must conduct all due diligence to satisfy themselves prior to bidding, including on-site inspections, land investigations, and title searches.  Sale subject to Bankruptcy Trustee approval.  Bidder understands Bidder is purchasing subject property in “as is” condition and as such waives his/her review and approval of seller disclosure statement.  Above information is deemed reliable, however it is the responsibility of each Bidder to confirm above information prior to auction. 

The successful Bidder agrees to the above terms and conditions, waives all inspections/surveys after auctioneer says “sold”, and agrees to agency disclosure that Cunningham & Associates Real Estate, LLC represents the seller exclusively.

Please note:  Bidders must read the terms and conditions for each property they are interested in prior to auction as the deposit amounts and/or who the cashier’s check is made out to may be different for each property to be sold in auction.

 

 

  Property Info #1

This site was updated Thursday, September 2, 2010

Cunningham & Associates, Inc. is the leading Bankruptcy and Industrial auction company in Arizona
AuctionAZ.com, LLC, Arizona's Real Estate Marketplace, George Cunningham, Designated Broker
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Family owned and operated for over 60 YEARS!

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