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Terms & Conditions

1. 12% Buyer’s Premium added to the winning bid price to determine total contract price. Two of the eight units to be sold regardless of price, no minimum, no reserve. Title holder must confirm acceptance of the final bid price on the balance of the units.
2. Registration beings 9 AM on March 5, 2016. $10,000 cashier’s check payable to the bidder required to bid.
3. Closing & payment: High bidder (purchaser) must remit 10% non-refundable payment of the total contract price on March 5 to the title company. Balance to be paid at closing within 30 days. Purchaser must sign a non-contingency contract to close within 30 days of the auction date.
4. Disclaimer: Square footage dimensions are based on information provided by seller and are believed to be correct; however, purchaser &/or purchaser’s agent/broker shall bear responsibility to confirm all calculations prior to the sale. Not available to residents of any state in which this real estate is not in compliance with the real estate laws of that state. All information provided or contained in a brochure was derived from sources believed to be correct but are not guaranteed.
5. Cooperating broker participation is offered. Contact the auction company to register your client and receive the terms.
6. Property preview: An auction representative will be available Saturday, February 13, 20, & 27, 11 AM to 4 PM & Sunday, February 14, 21 & 28, 1 PM to 4 PM. FOR FURTHER INFORMATION, CALL LOGAN THOMAS @ 713-702-3666 OR MARK THOMAS @ 713-594-1576