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PUBLIC REAL ESTATE
AUCTION
Wednesday, August
31st, 2005, 7:00 PM
Phoenix Airport Marriott Hotel
1101 North 44th Street
Phoenix, AZ 85008
BANKRUPTCIES
and non-bankruptcies
map to auction location
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NO RESERVE
NO BUYERS PREMIUM |
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SUBJECT PROPERTY:
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20-acres in Lake Mead City, AZ
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Mohave County Assessor Parcel Number:
338-05-390H
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Legal description: Lake Mead City Unit NO
23 30 16 N2 NW4 NW4 CONT 20AC
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Lot size: 20-acres (871,200 +/- square
feet)
TERMS: $1,000.00 cash/cashier’s check deposit
made out to the bidder in order to obtain bidder’s card. This deposit is
refundable to all unsuccessful bidders. Successful bidder must endorse the
cashier’s check deposit and pay balance in-full no later than 9/1/05 12 P.M.
or forfeit deposit. All bidders are encouraged to personally inspect the
subject property prior to auction as this property will be sold “as is” and
“where is”. Bidders must conduct all due diligence to satisfy themselves
prior to bidding, including on-site inspections, land investigations, title
searches. Buyer understands buyer is bidding on above property in “as is”
condition and as such waives his/her review and approval of seller
disclosure statement. TransAmerica Lawyer's Title shall be title/escrow company.
Buyer to pay all escrow fees. Close of escrow date shall be on or before
September 15, 2005. Above information is deemed reliable, however it is the
responsibility of each bidder to confirm above information prior to auction.
By signing below, 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: Buyers must read the terms and
conditions of 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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