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REAL ESTATE AUCTION #1
Cunningham & Associates Real Estate, LLC
August 18, 2007 10:00 AM
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NO BUYERS
PREMIUM
SUBJECT TO CREDITOR CONFIRMATION |
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SUBJECT PROPERTY
By
Order of the Secured Creditor
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Single family residence
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2520 W. Madison Street, Phoenix, AZ
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Lot Size: 7,196 sq. ft. +/-
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Maricopa County APN:
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Legal Description: Hyde Park Lot 15
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Zoning: R6 (6,000 sq. ft. min.)
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Maricopa County 2007 Assessed Full Cash
Value: $93,000.00
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. Balance of successful bid must
be paid in cash or cashier’s check no later than 8/20/07, 12 PM. 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 9/4/07. DHI Title shall be escrow company.
All closing documents must be signed and returned to title company no later
than 8/31/07. Buyer to pay all escrow fees/title fees/recording fees.
Bidders must conduct all due diligence to satisfy themselves prior to
bidding, including on-site inspections, land investigations, and title
searches. Bidder understands Bidder is purchasing subject property in “as
is” condition and as such waives his/her review and approval of seller
disclosure statement. Sale subject to SBA approval. Seller guarantees
subject property will convey to Buyer free and clear of all liens and
encumbrances. 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.
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property info #1 |
