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A U C T I O N
Caravan
Auction
3 Parcels of Real Estate
Portsmouth & Norfolk
Tuesday,
December 18, 2007
Starting
at 10:00 AM
On Site with Lot #1
Open House Tuesday December 11th 1-4PM
TERMS: 10% down auction day
with certified check or cash. Personal checks accepted with letter
of guarantee from bank. 5% surcharge for credit card payments.
Balance due at closing within 30 days or Delivery of Deed by Seller.
Properties selling at $10,000 or less subject to payment in full,
day of sale.
BUYERS PREMIUM: A 10% Buyer’s Premium will be added to the
high bid to determine the purchase price of the property.
AGENT FOR THE SELLER: Interstate Auction® of Virginia Inc. is
acting as agent for the Seller.
ADDITIONAL CONDITIONS:
- There are no minimum starting bids required for the
property; however, Seller reserves the right to accept or reject
all offers on the property. The auction shall be recorded, and
if any dispute arises following the auction, the Auctioneer’s
recorded records will be final in all respects.
- Bidders are invited, urged, and cautioned to inspect the
property as to any structural, hazardous, asbestos, or
environmental conditions relating thereto prior to submitting a
bid. Bidders are advised that houses built prior to 1978 may
contain lead-based paint. Interstate Auction® Of Virginia, Inc.
will assist bidders in obtaining any authorizations that may be
required in order to carry out any such inspections. Bidders
shall be deemed to have relied solely on their own judgment in
assessing the overall condition of all or any portion of the
property. Interstate Auction® Of Virginia, Inc. and their
representatives, Seller and his/her representatives, are
offering this property AS IS, WHERE IS with all faults, without
any warranty expressed or implied, of any kind or character,
including without limitations, any warranty of habitability or
fitness for a particular purpose. Interstate Auction® Of
Virginia, Inc. makes no representation as to whether any parcel
is classified as a buildable site. Seller and Interstate and
their agents shall not be liable for any damages, whether actual
or direct or incidental, including without limitation, damages
for loss of use or loss of income occurring by reason of the
condition of such property.
- Taxes, sizes and square footage set forth for the property
are approximations only, based on best information available,
but actual taxes, sizes and square footage may be different.
- The Seller and Auctioneer have the right to withdraw the
property, postpone or cancel the auction at their sole
discretion without notice and to modify or add any terms and
conditions either prior to or at the auction.
- Persons buying in the name of Trusts, Partnerships,
Corporations, or with a Power of Attorney must have the
authorizing documents examined prior to the auction by a
representative designated by the Seller.
- Closing will be conducted by the Purchaser’s attorney and
all costs legally chargeable to the Purchaser will be paid by
the Purchaser.
- This property is being offered for sale to qualified
purchasers without regard to prospective purchaser’s race,
color, religion, sex, marital status, or national origin.
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