|
Fabulous
Lake Estate with Commercial Potential
Incredible
location adjoining New Birth Baptist Church Complex and Joel's Lake
Lodge and Conference Center!
The
possibilities here are truly without limit. You must see the property
in person to even approach appreciating its unique beauty.
Call
Mike Loftin (770) 607-0770
for
plat and details.
DIRECTIONS:
From Atlanta go I-20 E. Exit 74. Right on Evans Mill Road to red
light. Turn right and continue on Evans Mill Road 0.7 miles to red
light. Right on Woodrow Road to property on left. Near entrance to
New Birth Baptist Church complex.
Procedures,
Terms and Conditions
AUCTION
FORMAT AND BID DEADLINE:
This is a sealed bid auction. To bid in this auction your written
offer must be received by 5:00 P.M. Eastern Daylight Savings Time,
Thursday, May 25, 2000. Your offer must be submitted in the form of a
fully completed and signed Purchase and Sale Agreement (Sales
Contract) as provided by RE/MAX Group Auctioneers in "Sealed Bid
Auction #0525200 Offer". The offer may be faxed or delivered to:
Project Manager #05252000, c/o RE/MAX Group Auctioneers, 314 E. Main
St., Ste. A, Cartersville, GA 30120, Fax 770-386-1688.
BID
CONSIDERATION, AWARD & NOTIFICATION: The winning bidder will
be notified by 5:00 P.M. Eastern Daylight Savings Time, Friday, May
26, 2000. Seller reserves the right in its sole and absolute
discretion to accept, reject, waive any technical or formal defect,
counteroffer or request a best and final offer on any bids received.
Any bid submitted after the deadline or contrary to these terms and
conditions may be rejected.
EARNEST
MONEY DOWN PAYMENT: If your bid is accepted you will be required
to wire transfer the appropriate amount to:
RE/MAX
Group Auctioneers Escrow Account
Suntrust Bank
of Northwest Georgia, NA
515 E. Main St.
Cartersville,
GA 30120
770-383-7445
Routing #: 061100790
Account#: 2000283438
The initial 5%
wire transfer must be completed and the above escrow account credited
by 5:00 P.M. Eastern Daylight Savings Time, Tuesday, May 30. The
earnest money must be increased by an additional 10% via wire
transfer, which wire transfer shall be completed and credited to the
same RE/MAX escrow account above by 5:00 P.M. Eastern Daylight
Savings Time, Friday, June 2, 2000. Earnest money is non-refundable
unless Seller fails to convey good merchantable title to the property
as provided in the Sales Contract.
TERMS:
Bids must be in the form of all cash due to the Seller at closing.
There is a 10% buyer's premium in this offering. The Buyer's Premium
is added to the Bid Price to determine the Purchase Price submitted
on the Sales Contract.
FINANCING:
Financing is NOT a contingency of this sale. Therefore, it is
strongly recommended that all potential bidders make certain in
advance that they are able to obtain necessary financing to close the
transaction. If a Purchaser cannot obtain financing on the property
because he/she cannot fulfill terms or does not qualify, then the
Purchaser can either close for cash within the contractual period or
forfeit his/her total earnest money.
CLOSING DATE:
Closing is to occur on or before June 26, 2000.
TITLE:
Neither the Seller nor RE/MAX Group Auctioneers make any
representations or warranties, oral or written, expressed or implied,
regarding the condition of title to the property. Prospective bidders
are encouraged to engage legal counsel of their own choosing and
expense to examine the title and related matters. Title will be
conveyed to the Purchaser by general warranty deed, subject to all
encumbrances, easements, rights-of-ways, leases, possession, liens,
licenses, reservations, conditions and other matters of record or not
of record.
CLOSING COSTS:
Seller shall pay for deed preparation, documentary stamps and State
of Georgia Transfer Tax. Purchaser pays survey fees, if any, and all
other closing costs not required by law to be paid by Seller.
TAXES:
Prorated to the date of closing.
POSSESSION:
30 days from date of deed.
CONDITIONS
AND PROPERTY INSPECTION: The sale consists of real estate only.
The property is being sold "AS IS, WHERE IS, WITH ALL
FAULTS". Neither the Seller nor RE/MAX Group Auctioneers make
any representations or warranties, oral or written, expressed or
implied, with respect to the condition of the property not
specifically set forth in the Sales Contract. All prospective bidders
are strongly encouraged to make a complete inspection of the property
prior to bidding if they have not previously done so. Prospective
bidders and/or their representatives assume all expenses, risk and
responsibility associated with the inspection of the property.
Inspections are by appointment only. Please phone Butch Norris at
770-922-7777 ext. 341 to schedule an appointment.
AGENCY DISCLOSURE:
RE/MAX Group Auctioneers represents the Seller in the offering and
sale of this property.
DISCLAIMER:
The information contained herein is subject to inspection and
verification by all parties relying on it. No liability for its
inaccuracy, errors or omissions is assumed by the Seller, RE/MAX
Group Auctioneers or their respective agents. All information, square
footage, dimensions and boundaries contained herein, on our web-site,
or any other materials, if any, are approximations. Property is
subject to sale prior to bid deadline. This is not a solicitation or
offering to residents of any state where this offering is prohibited
by law and may be withdrawn or modified without notice at any time. |
