Disclosures or Disclaimers and Special Addendums for bank owned properties will be sent as a counter offer (many of the banks do not provide them to us in advance).

Information, Disclosures or Disclaimers and Special Addendums

Please click the files below before writting an offer..

IMPORTANT Notes for this property

2009-02-10 14:05:00

 Please be advised that the offer for this property subject to approval. Back up bids can be submitted to www.hudsonandmarshall.com

2008-12-29 17:27:00

 This property is included in an upcoming auction with Hudson & Marshall for further information please go to www.hudsonandmarshall.com. Pre-Auction offers can be submitted directly to www.hudsonandmarshall.com ---------------------------------------- From this point forward, all offers must be submitted thru Hudson & Marshall and are subject to a modified commission structure and buyer premium disbursements. ---------------------------------------- The Seller will consider offers prior to the auction through the Presale program. In order to avoid delays, all Presale offers should be submitted directly to Hudson and Marshall via the website at www.hudsonandmarshall.com. Offers may be submitted by the listing office, buyer agents and buyers by utilizing the Bid Now “button”. Follow the prompts, which include creating your login. Utilize the comments section to indicate who should be contacted regarding the seller response, what type of financing the buyer is utilizing, if the buyer is requesting a seller’s contribution for buyer closing costs, and any other information important to the offer. ----------------------------------------lease encourage buyers to submit “realistic” offers, or otherwise the buyers should wait and attend the auction. Please be sure that the buyer has viewed the interior of the property before submitting an offer. Verify that the buyer has been pre-approved for conventional financing (FHA/VA will not work on auction properties since they are being sold “as is where is”. ---------------------------------------- Please be sure that the buyer is aware of the auction terms and conditions when making their offer. Auction terms are as follows or can be reviewed at www.hudsonandmarshall.com: ---------------------------------------- · As is where is – Seller will not do repairs to the property ---------------------------------------- · No inspection contingency – the auction contract does not allow for any inspection period (buyer may conduct an inspection, at their expense, prior to submitting offer or during 48 hours period after receiving Seller verbal acceptance) ---------------------------------------- · No financing contingency – auction contract is a cash contract. Buyers may obtain 3rd party conventional financing, however the auction contract has no financing contingency and the lender should be advised that the buyer will be required to close in 30 days and will have earnest money at risk (a preliminary lender approval letter or proof of funds is required with offer) ---------------------------------------- · Earnest money $2500 ---------------------------------------- ·Title insurance – Seller provides insurable title and will pay for the title insurance premium ---------------------------------------- ·Closing costs – Seller pays for title insurance premium and deed preparation only; all lender fees are buyer’s responsibility. On Presale offers only, Seller will give consideration towards contributions to buyer closing costs (3% or below). Any Seller contributions toward closing costs must be applied to buyer closing costs and will not be rebated back to buyer or applied to purchase price. ---------------------------------------- · Coop commission - Modified to 2% of high bid amount. ---------------------------------------- If there is any question regarding an offer that does not conform to the auction terms, we will see what we can do to make it work, as we do have some flexibility during the presale period.