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PUBLIC AUCTION
BANKRUPTCY
NO BUYERS PREMIUM - NO RESERVE
Bankruptcies-Forced Sales-Seized
Automobiles
To be held at Auction Systems yard and warehouse
2324 E. University, Phoenix
map to auction location
Saturday, December 10, 2005, 9:00 AM
Inspection at warehouse (not at real estate locations): Friday, December 9, 2005, 10:00 AM-2:00 PM
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NO BUYERS
PREMIUM
NO RESERVE |
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SUBJECT PROPERTY
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6 1-acre vacant residential lots in Show Low
Pines, Apache County, AZ
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Apache County Assessor Parcel Numbers:
107-04-056, 107-04-057, 107-04-073, 107-04-120, 107-04-245, 107-04-246
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Legal description: Park Show Low #3; Lot 902,
Lot 903, Lot 919, Lot 966, Lot 1091, Lot 1092
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Lot size: 1+/- acre (43,560 +/- square feet)
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Comps: Recent sales of like 1-acre lots in
Park Show Low have sold for $12,000.00 - $16,000.00.
TERMS: $1,000.00 cash/cashier’s check deposit made out to Cunningham &
Associates Real Estate, LLC in order to obtain bidder’s card. This deposit is
refundable to all unsuccessful bidders. Successful bidder must pay balance
in-full no later than
Monday, 12/12/05, 2:00 PM
or forfeit deposit. Balance of purchase
price is non-refundable. All bidders are encouraged to personally inspect the
subject property prior to auction as this property will be sold “as is” and
“where is”. Seller guarantees this property is owned free and clear. 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. Title Security
Agency shall be the escrow/title company. Buyer to pay all escrow fees/closing
costs. Close of escrow to occur on or before 1/15/06. Above information is
deemed reliable, however it is the responsibility of each bidder to confirm
above information prior to auction. This document to be incorporated into the
Vacant Land Purchase Contract.
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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