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OR FAX FORM ON PAGE 81 TO 503-242-1814
CONDITIONS OF AUCTION
REALTY MARKETING/NORTHWEST AUCTION
INFORMATION OFFICE
Oregon Office:
522 SW Fifth Avenue, Suite 1250
Portland, Oregon 97204
Washington Office:
2908 228th Avenue SE, Suite B
Sammamish, Washington 98075
California Office:
1860 Howe Avenue, Suite 210
Sacramento, California 95825
Phones (during regular business hours -
8:30 a.m. to 5:00 p.m. Pacific Standard Time)
Portland Metro Area:
503-228 3248
Toll-Free:
800-845-3524
FAX:
503-242-1814
Email:
SUPPLEMENTAL INFORMATION PACKAGES
More detailed information is available for each property.
Supplemental Information Packages include all pertinent
data provided by Sellers on the properties. To purchase
supplemental information, mail, fax or email the
Supplemental Information Package Request Form on page
81 of this Catalog.
Hard Copy Supplemental Information Package $15 each
Individual Supplemental Information Package (CD) $ 5 each
Email NO CHARGE
ORAL AUCTION NOVEMBER 16, 2013 (Properties 1-16)
Saturday, November 16, 2013, at 12:00 p.m. in Portland,
Oregon at the Sheraton Portland Airport Hotel, located
at 8235 Northeast Airport Way. The Auction will begin
promptly at noon. Please arrive by 11:30 a.m.
Directions:
From I-205 North – take Exit 24A, Portland International
Airport. This will put you onto Airport Way, going toward
the Airport. Take the “Frontage Road, Hotels, Cargo” Exit
and take a quick left onto Frontage Road. Follow Frontage
Road west to the Sheraton Hotel, which will be on the right
side.
From I-5 North/I-205 South – take Exit 24, Portland
International Airport. Take a right onto Airport Way. Take
the “Frontage Road, Hotels, Cargo” Exit and take a quick
left onto Frontage Road. Follow Frontage Road west to the
Sheraton Hotel on the right side.
SEALED BIDAUCTION (Properties 100-165)
Sealed Bids must be received no later than 5:00 p.m. on
Wednesday, November 20, 2013.
NO MINIMUM BIDS
Auction Properties #6, 8, 9, 14, 15, 107A, and 163 are being
offered with No Minimum Bid. This means the Seller has
established no Minimum or Reserve Price, and the property
will be sold to the high bidder, subject to the terms and
conditions of the Auction.
PUBLISHED RESERVES
The remaining properties are being offeredwith a Published
Reserve price. This means when the bidding reaches or
exceeds the Published Reserve price, the Seller is committed
to sell the property to the high bidder. Should the bidding
fail to reach the amount of the Published Reserve price, the
Seller reserves the right to accept, counter or reject the high
bid no later than five business days following the Auction.
BIDS BY MAIL FOR THE ORAL AUCTION
If you are unable to attend the Oral Auction, request a Mail
Bid Form by contacting the Auction Information Office
at 1-800-845-3524 or
. Mail Bid
Forms will be accepted when accompanied with Certified
Funds made payable to the Realty Marketing/Northwest
Client Trust Account in the amount equal to 10% of the
maximum authorized bid for the property you wish to
purchase. If you are not a successful bidder, your deposit
will be returned to you by mail by the third business day
following the Auction.
REGISTRATION (November 16 Oral Auction)
Registration is required for eligibility to bid at the Oral
Auction. Complete and return the Auction Registration
Form at least three days prior to the Oral Auction.
OnAuction day, all registered bidders must show they have
in their possession a separate Cashier’s Check or Certified
Check (“Certified Funds”) made out to the bidder (no cash,
please) in the amount of $2,500 for each property they
intend to purchase.
AUCTION DAY PROCEDURES
Pre-Registered Bidders
As a pre-registered bidder, you will check in at the Pre-
registered Bidder area prior to the Auction. You will be
asked to show your $2,500 in Certified Funds as described
under Registration. You will receive your assigned Bidder
Number. If you are planning to purchase more than one
property, you must present separate Certified Funds for
each property you wish to purchase.
Auction Day Registration
Those who register on Auction Day will be required to
complete the Auction Registration Form and provide
evidence of Certified Funds in the amount of $2,500 for each
property you wish to purchase. Auction Day registrants
should plan to arrive at least thirty minutes prior to the
Auction in order to complete the registration process.
Bidding on each property will take approximately two
minutes. The properties will not necessarily be auctioned
in the order they appear in the Catalog. The order of the
bidding will be announced prior to the Auction. As the
successful bidder, you will sign a Bid Confirmation Sheet
immediately upon acceptance of your high bid. An Auction
escort will then usher you to the Contract Area, where you
will complete the sales contract.
