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Seller Name: | EmpirefundsREO |
Rating: | (19) |
Location: |
County Route 517 Vernon, NJ 07428 United States |
Commercial Properties | |
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Address | County Route 517 Vernon, NJ 07428 United States |
All property is sold as is, where is, with no warranties expressed or implied. It is the duty of prospective buyers to research properties to their satisfaction prior to bidding, including the existence or absence of any delinquent taxes, dues and/or liens, and a bid shall constitute a binding contract, in which the buyer is agreeing to abide by the Terms of the Auction.
This is a cash sale, you are bidding on the FULL PURCHASE PRICE. Buyer must have cash ready at auction's close. Winning bidder will be emailed THIS CONTRACT OF SALE and agrees to sign and email the Contract to the Seller, and to pay 10% of the winning bid price, by wire transfer or certified check within 5 days of the auction’s close. Winning bidder shall pay full balance due via certified check or wire transfer within 14 calendar days of the auction's close, no exceptions. Winning bidder shall also pay a buyer's premium of 10% with $100 minimum and closing costs of $500, which includes deed preparation, recording fees and transfer taxes. Seller will deliver property via quitclaim deed with as-is title, subject to any back taxes, outstanding liens, or back HOA/POA dues. Please research the property and its title BEFORE you bid!
This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction).
This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.
Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.
Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to,
By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.