A 6% Buyer's Premium will be added to the High Bid to determine the Total Contract Price.
Sale to the best bidder, or bidders (in the event of the sale of multiple lots to multiple persons or a group bid), subject to the approval of seller within 72 hours of the conclusion of the offer.
Immediately upon the conclusion of the Offering, Buyer(s) shall deposit 10% of the Total Contract Price made payable to Cascade Title Company as Earnest Money Deposit.
Closing of the sale shall occur on or before April 27th, 2023.
The Escrow Agent is Cascade Title Company.
Title shall be transferred by a Bargain & Sale Deed.
Seller shall pay the cost of a standard owner's policy of title insurance. Any extended coverage or special endorsements to be paid by buyer. The property shall be insured as free and clear of all monetary liens and encumbrances.
Buyer and Seller shall split the costs of escrow.
Spark Offer is NOT an auction. the highest offer, placing first, or having the best ranked offer does not constitute winning the property.
The seller has a right to accept, reject, or counter any and all offers.
The "live" clock will reset to 5 minutes anytime an offer is placed with less than 5 minutes until the deadline, allowing all parties to make sure they have had every opportunity to submit their best offer.
Best offers will be submitted in writing and presented to Seller for consideration.
Buyers or Buyers agents should expect to be contacted with the seller's decision within 1-4 business days.
All sales subject to Court Approval
Property Information
Key details
Description
864± square foot single family rental unit on 4,356± square foot lot.
A property deed transfer is the legal process of transferring ownership rights from one party to another.
A buyer's agent commission refers to the compensation paid to the real estate agent who represents the buyer in a transaction.
An earnest money deposit is a sum of money, that is typically refundable until all contingencies are waived, that a buyer puts forward as a show of good faith when entering into a real estate transaction.