Perry, FL Residential Real Estate Auction

Subject to the confirmation of the Seller. Property is sold as is, where is, will all faults, no warranties or guarantees of any sort, either written, oral, or implied. Property is subject to prior sale. 20% binder down day of sale, close in 30 days, not subject to any conditions or requirements of any financial institution. Binder is hard. Binder will not be refunded unless Seller cannot give clear title to property. It is the buyer’s responsibility to determine if the property and its zoning meet the standards of the buyer’s intended purpose and use. There is an 11% buyer’s premium. Please bid accordingly. TERMS OF AUCTION I. Registration Notice: Anyone wishing to bid on items in the auction must register. Anyone bidding for an account other than his/her own must register as such. We reserve the right to expel or exclude anyone. II. Closing: The closing will be conducted by: Frith Abstract & Title Company, 501 N. Byron Butler Pkwy, Perry, FL 32347, (850) 584-2672 Purchaser will pay a closing fee which covers the cost of preparing the closing statement, warranty deed, owner’s affidavit and conduction of the closing. This fee does not include title exam, title insurance or preparation of any loan documents, all of which would be extra. Escrow checks are to be made payable to Frith Abstract & Title Company. III. Confirmation: Property is offered subject to confirmation of sellers. IV. Warranty: Everything is sold “as is, where is, with all faults” without any guarantee of any sort, whether expressed or implied. DO NOT BID unless you have determined the condition of the item by your own examination. All information was obtained from sources assumed to be correct, but is not guaranteed by JW Hill and Associates. V. Catalogs: Brochures and/or any other handouts are furnished as a guide only, no guarantee as to the accuracy of any description is made. VI. 11% Buyer’s Premium, 20% down at the time of the auction, close in 30 days. The binder is non-refundable unless the seller cannot grant marketable title. VII. Financing: This is a cash transaction and is not subject to any contingencies or requirements of any financial institution. VIII. Survey: If the buyer desires a survey, it will be the sole expense of the buyer. IX. Title Insurance: Paid by the buyer, if desired. Buyers are responsible to perform their own title search to satisfy their title requirements. X. Disclaimer: It shall always be the Buyer’s sole responsibility to inquire into any State and County zoning and land use regulation to determine whether the subject property is in compliance with all State and County laws, codes and ordinances or suitable for your purpose. XI. Agency: JW Hill and Associates is operating as single agent for the seller. Auctioneer: The Auctioneer reserves the right to set the order of the sale, determine the bid increments, and to accept or reject bids. Should a dispute arise, the auctioneer will settle it at the auctioneer’s sole discretion. The auctioneer reserves the right to set the order of the sale to the best benefit of seller. Should a tie bid arise, the auctioneer will reopen the bidding between the two high bidders. I. If you are the winning bidder, then you have immediately entered into a legally binding and enforceable contract. By registering & bidding, you are demonstrating that you agree to the terms and conditions of the Auction. II. Broker Participation: A fee of 2% of the final bid price will be paid to the licensed real estate broker whose prospect successfully pays for and closes on the property. To qualify for a commission, the broker or salesperson must first register the prospect by mail, fax or hand delivery 24 hours prior to the auction. Brokers acting as principals or representing a family member are excluded. III. Restrictions: The property is sold subject to existing zoning rules and regulations of the County of Perry, State of Florida. Exceptions: NONE. IV. Buyer Shall Pay: Prorated City/County tax assessments, Title Insurance, Lenders Charges, Recording Fees, Stamps on Mortgage, Survey, Mortgage Title Insurance policy and for all loan expenses, all assessments of any kind which become due and owing on or after Effective Date of the Contract, and Buyers Premium. V. Important Notice to All Bidders: All information, contained in Advertisements/Brochures, was obtained from sources believed to be correct, but is not guaranteed. Buyers shall rely on their own information, judgment and inspection of the property and records. The property will be sold subject to any applicable Federal, State, and/or Local Government regulations. All acreages, measurements, and other figures described in this brochure are approximate and therefore not necessarily to scale. All properties are sold “As-Is-Where-Is-With All Faults”. All properties subject to sale prior to Auction. PLEASE READ: JW Hill and Associates has requested and been granted access to see all bids placed including any maximum pre-bids. This auction is permitted to engage in this activity by providing this clear disclosure to you, the bidder. PAYMENT OPTIONS: Cashier’s Check, Money Order, Wire Transfer, Credit Card with 3% bank fee. PAYMENT INSTRUCTIONS: 20% of sale price due at time of purchase in addition to 11% Buyers Premium. All is due day of sale CURRENCY TYPE: USD PREVIEW DATES & TIMES: Thursday, November 14, 2019 at 10:00 am. SPECIAL TERMS: Buyer will be contacted immediately following the end of the Auction. Contracts will be send out the following business day for signature and escrow payment. Contract will reflect exact percentages and price will be figured on that amount. Executed contract and escrow payment of 20% of purchase price plus 11% Buyers Premium must be returned within 24 hours of receipt.