|Renovated Office Building: Greenville, SC|
|Date & Time:||Bidding Commences on October 14th @ 10:00 AM and ENDS on October 16th @ 10:00AM|
|Categories:||ALL ITEMS (1)|
|Notes:||REGISTER TO BID HERE|
|Terms:||Contracts Each property is offered under the specific terms provided in the contract. The contract is available at www.tranzon.com for each property. Please download the Property Information Package to view. |
Bidder Verification: Tranzon Integrity Partners will verify all bidder registrations. If unable to verify the bidder identity, bidding rights shall be terminated.
Bidding Format: Tranzon Integrity Partners utilizes “timed auction events”. If there are multiple properties being offered in a single auction event, the auction completion times are staggered in 10 minute intervals.
Terms of Sale: At the conclusion of the auction, successful bidders will be emailed or faxed a contract to be executed and returned to Tranzon Integrity Partners. Successful bidders will deposit $5,000 per property (or Ten Percent of the Contract Sales Price, whichever is greater OR the deposit required in the Property Information Package) in the form of cashier’s check to the escrow agent named on the contract for sale. The entirety of the remaining balance is due at closing on or before the contract closing date stipulated in the purchase agreement. This must be completed within 48 hours of receipt of the documents or the purchaser shall be in default.
Auction Bid Default: In the event a winning bidder fails to submit the executed contract of sale as well as the required earnest money deposit as provided in the Auction Terms, the winning bidder may be charged a penalty fee of $2,000.00 on the credit card provided at auction registration. There may be additional remedies for the seller as a result of default, see contract of sale for specifics.
Buyer’s Premium Example:
Closing: Time is of the essence, the property shall be closed on or before the contract closing date stipulated in the contract of sale. The seller will pay for preparation of the deed of conveyance and all ad valorem taxes up to the date of closing. HOA fees and condominium assessments, if any, will be prorated up to the date of closing. The purchaser will pay all other closing costs.
Open House: May 1, 9AM. You may also contact YOUR real estate professional for a private showing. (Have them contact us for a broker participation form and showing instructions)
Broker Participation: A two percent (2%) buyer broker commission is available to properly registered brokers. The required broker participation from is available for download at www.tranzon.com or email: firstname.lastname@example.org if you would like a broker participation form emailed to you.
Agency Disclosure: Tranzon Integrity Partners, Stephen Jax & Associates, Inc, Stephen A. Jax and all affiliates and partners represent the SELLER in ALL transactions.
Disclaimer: All information contained herein is believed to be correct. The information is being furnished to bidders for the bidder’s convenience and it is the responsibility of the bidder to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipient’s risk. Each bidder must conduct and rely solely upon their own investigation and inspection. The property is being sold “AS IS” with any and all faults. Please review all information supplied and seek appropriate assistance prior to bidding.
Note: Pursuant to Federal Law, the purchaser of a single family residence built before 1978 has a ten day period to inspect the property for the presence of lead-based paint. The period for the inspection is the ten day period prior to the completion of the auction event. All bidders will be required to execute a waiver of the lead based paint addendum. Please see each property for a copy of the disclosure.
|Contact:||Stephen Jax & Associates Inc|
35 Claremore Ave
Greenville SC 29607