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 Tiffeny Cook
Tiffeny Cook: Tranzon Asset Strategies
888-314-1314
tcook@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 Listings may be withdrawn or modified without notice at anytime.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: 5% Buyers Premium based on the high bid.
- Closing: 30-Day closing, sold in As-Is condition, no contingencies. Sale subject to court confirmation.
- Deposit Amount: 10% deposit with a minimum deposit of $25,000 in guaranteed funds.
- Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at close of escrow.
- 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 This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.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:
$25,000 cashier's check or wire transfer required in order to bid. If you are the high bidder, the bid deposit will be applied to the 10% deposit. The balance of the deposit must be made by cashier's check or wire transfer within 24 hours.
No deposits or payments will be accepted by credit card.
Bidders must also submit the Bidder Registration Form, which can be downloaded from the Documents section on the main listing page. Once the deposit and Bidder Registration Form are received by the auction company, you will be approved to bid.
If you have additional questions, contact Tiffeny Cook at 888.314.1314 or tcook@tranzon.com.