The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Bob Dann CAI
Bob Dann CAI: Tranzon Alderfer
215-850-5466
bdann@tranzon.com
All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.
For general information on the auction process, please review the Frequently Asked Questions.
Print Terms and Conditions
- Buyer's Premium: 8% Buyers Premium based on the high bid.
- Closing: Closing shall occur within forty-five (45) days after final approval by the Township, sold in As-Is condition, no contingencies.
- Deposit Amount: To become an approved bidder, a $25,000 wire or cashier’s check is required payable to Auction Properties LTD Escrow. The successful bidder must increase their deposit to 10% of the purchase price within 48 hrs. of auction closing.
- Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
- Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
- Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.
Online Bidding Instructions:
In order to place bids online in this event you must complete an online registered form included in this packet and also available to download on the Tranzon website. Part of the registration process includes a buyer’s deposit in the amount of $25,000.