Terms for Online Real Estate Auction
-Auction is being conducted and authorized on behalf of the U.S. Marshal Service by Writ of Execution pursuant to 28 U.S.C. ‘ 3202(e) and 28 U.S.C.’3203(g). Property sells in "AS IS" condition. Payment is to be made in full by Certified check on wire transfer. Possession shall be delivered to the buyer upon payment of the purchase price in full and delivery of the U.S. Marshal's quitclaim deed. Purchase price will be the last bid plus a 10% buyer's premium. Buyer is responsible for all closing costs.
-Property will be sold at online auction at www.walkerAuctions.com.
-Property Sells in 'AS IS' Condition. Buyers are encouraged to inspect to your satisfaction prior to bidding.
-10% Buyers Premium will be added to the last bid to determine the contract price.
-Upon acceptance of bid from seller, successful Buyer will sign a contract for sale and deposit $5000 in Escrow to be applied toward purchase price at closing.
-Closing will take place within 30 days of signed contract unless other specified.
-All inspections are to be made by buyer prior to auction close. Property is not being sold subject to inspections, appraisal, loan approval, survey, or other contingencies not listed in purchase contract. Seller is not responsible for any of buyer's loan or closing costs.
-Contact Lance Walker, Auctioneer/Realtor at 901.322.2139 or [email protected]
with any questions or to view the property.