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Residential Lot in Keowee Key
Residential Lot in Keowee Key
Residential Lot in Keowee Key
Residential Lot in Keowee Key
Residential Lot in Keowee Key
Residential Lot in Keowee Key

Residential Lot in Keowee Key

Lot Closed

This item is in Salem, SC

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Overview of Residential Lot in Keowee Key

Item Details

This property is in an online only auction. The Price shown is the opening bid for the auction. Bidding will begin on Oct 12th and begin closing on Oct 19th. Please go to our website for full details. Welcome to Keowee Key. A beautiful lake front community on Oconee SC. This lot is located in the gated community and backs up to the 8th Hole of the golf course. Please go to the community website for more details about this active community located on Lake Keowee. See complete list of community restrictions on our website. Lot is approx.. .39 acres and is sloping and wooded. It will be a beautiful place for your forever home or a weekend getaway. https://www.keoweekeysc.com/ Auction conducted by Brooks Auction Services. We are the sole representative for and of the seller. Buyer or Buyer’s agent to verify all facts regarding the property including but not limited to square footage and condition of home. Buyer has any and all right to conduct inspections, but any and all inspections must be conducted before bidding in the auction. Terms of the auction will be that the property is selling “AS IS and WHERE IS”, contract will have no contingencies and closing will be in 45 days at attorney of buyer’s choice. Auctioneer only guaranties that the property will transfer with marketable and insurable title. 2% co-op fee paid to realtors who act as buyer’s agents for the winning bidders. 10% buyer’s premium will be added to the bid price of the winning bidder to establish the sales price of the property. Buyer will be responsible for survey if needed.


10% buyers premium to be paid to Brooks Auction Services LLC with in 48 hours of close of auction along with signed purchase contract
Money OrderWire TransferCash

Auction Details

Residential Lot at auctionApprox 22 Mainsail Dr, Salem, SC, 29676Tuesday, Oct 12, 2021 | 12:00 PM CDT
This auction company 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.

Terms Of Sale

REGISTRATION: By registering and bidding, Bidder acknowledges that they have read and agrees to the terms and conditions of the auction. Bidder agrees to sign the contract of sale and other documents related to the transaction, pay the buyer’s premium deposit, and close the transaction if they are determined to be the highest bidder, and the high bid is acceptable to the seller BIDDER VERIFICATION: The identity of all online bidders will be verified. A Visa or MasterCard is required to register. No charges will be made to your card unless you are determined to be the winning bidder, and you fail to execute the Contract of Sale and pay the required earnest money deposit. At the discretion of the Auctioneer, a penalty of $2500.00 will be charged to you if you fail to return the signed Contract of Sale and pay the required deposit within the required time period. This payment will be billed to you by Brooks Auction Services and by bidding you as a bidder agree to pay this penalty is you do not sign the purchase contract. Payment of the penalty shall not affect other remedies available to the seller for such failure. ONLINE BIDDING: Bids may be placed any time after the start of the online only auction. Auctioneer is not responsible for malfunctions or system errors, which cause a bid or bidder to fail to be recognized or registered. BUYERS PREMIUM: A 10% buyer’s premium will be added to the high bid to determine the final contract price. Seller pays deed stamps and deed preparation. Buyer pays all other closing costs. Taxes are prorated. All sales are final with no contingencies. Terms sale day govern. DOWN PAYMENT: 10% of the final contract price will be due immediately after being declared the winning bidder. Personal checks will be accepted. SETTLEMENT: The balance will be due within 45 days. If the successful bidder fails to close within the time specified, Seller shall have the right to terminate the Purchase Contract and retain the down payment as liquidated damages in addition to other legal remedies. Seller and Auctioneer will divide the buyer’s premium deposit 50/50. The Seller may, at their option, extend the closing past the designated Settlement date. Buyer agrees to pay 1% of the purchase price per month if Buyer is given an extended closing. This amount is not pro-rated DEED RESTRICTIONS: Any existing restrictions and easements. ABSENTEE BIDS: Absentee bids are welcome. FINAL BIDS: All bids are irrevocable by the bidder. Subject to seller confirmation. Seller may have 72 hours to accept and confirm the highest bid. Auctioneer reserves the right to extend the bidding closing time. THE SUCCESSFUL BIDDER will be required to sign the approved real estate purchase agreement. Within a timely manner following the conclusion of the auction, the contract of sale and other required documents will be emailed to the address provided at registration. Bidder must sign and return all documents along with a buyers premium deposit of 10% to be made payable Brooks Auction Services by 5:00pm the following business day. The Contract of sale can be faxed, scanned, mailed overnight, or hand delivered to our office. Acceptable methods of payment for the earnest money deposit are: Cash (delivered in person to our office), certified funds, personal or company checks with prior approval, or wire transfer. FINANCING: While mortgage rates are favorable to qualified purchasers, this sale is not contingent upon financing. CONDITION OF PROPERTY: This property is selling in “As Is” condition, with no warranties or guarantees expressed or implied. The Seller will make no repairs, if needed. SURVEY: If a new survey is needed on this property, it may be done at the buyer’s expense. If this property is sold in connecting parcels, each adjacent buyer will split the cost of the new survey line(s). AGENCY: Brooks Auction Services LLC represent the Seller in this transaction and is agent for the Seller only. AUCTION SUBJECT TO PRIOR SALE: Auction subject to prior sale does not mean it is our intention or goal to sell the property prior to the auction OR that there is a listed price posted on the property. Under the Real Estate Law, the Real Estate Broker is legally bound to bring forth any and all offers to the Seller at any time they are presented. Although we endeavor not to encourage pre-auction offers unless they are exceptional, we are obligated to present all of them, regardless of when, or how, or from whom they arrive. Although the intent is to auction the listed property, the ultimate goal is to sell the property for a price satisfactory to the Seller. If the property is sold prior to the auction, the Auctioneer will do their best to give notice the other interested parties. NOTE: The information contained in this brochure is subject to inspection and verification by all parties relying on it. No liability for accuracy, or errors and omissions are assumed by the Seller or their agents. ALL SQUARE FOOTAGES, DIMENSIONS AND TAXES, IF ANY, ARE APPROXIMATE. It is the responsibility of the buyer(s) to inspect and verify that this property is suitable for their intended use. This listing may be withdrawn or modified without notice to anyone. Buyer may receive confirmation auction day but may not have a fully executed contract until all selling parties have signed.