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A LIVE AUCTION FINALE WILL BE HELD ON THE PREMISES SATURDAY, 2/20 AT 10AM
Doors will open 2/20, 9am for your final inspections
Great Homeowner or Investor Opportunity! 2BR/1BA Townhouse. Newly Renovated. New Appliances. Finished Basement. Pre-Foreclosure Auction. Sale subject to bank approval.
Tax ID: 04-1600013495
For general terms governing TRAC's real estate auctions, click here. Terms specific to this auction:
This sale will be conducted in 2 phases:
During the online bidding phase the seller reserves the right to accept any bid or offer at any time.
at the conclusion of online bidding a live auction will be held on the premises at 20 Ridgelawn Rd, Unit B. The high online bid will registered as the opening bid at the live sale. Bidding can be advanced at the live sale. TRAC will make efforts to contact the high online bidder -- and only the high online bidder -- to allow said bidder to challenge any higher bid.
The property will be open for inspection by appointment by calling the auctioneer's office.
Only pre-approved bidders are permitted to bid on this auction. Please follow instructions and complete the forms to get approved.
There is a 10% Buyer’s Premium in effect1
Broker pre-registration is required. Click here for broker registration form.
The purchaser will be contacted immediately upon conclusion of a successful sale in order to coordinate the signing of the Sales Contract and other documents evidencing and relating to the sale.
Initial Deposit: $2,000
The Purchaser must increase his/her deposit to 10% of the high bid within 3 business days
30 day settlement is required
Please obtain the Property Information Packet (PIP) by calling the auctioneer's office directly at 888.704.8722 or contacting the TRAC representative identified below. A copy of the Real Estate Contract of Sale is available to all registered, logged-in users in the Documents/Due Diligence section above. Registered users may also wish to use the "Ask Seller a Question" function below to request a PIP.
This auction is being conducted by TRAC as an agent of the seller. Paul Sobwick, Auctioneer
1A 10% Buyer's Premium is in effect. Your high bid plus the referenced Buyer's Premium equals the final purchase price. For example, if the high bid is $100,000 you would add a $10,000 Buyer's Premium for a final purchase price of $110,000.
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