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CALL 1-800-845-3524
CONDITIONS OF OFFERING #1408
REALTY MARKETING/NORTHWEST AUCTION
INFORMATION OFFICE
Oregon Office:
522 SW Fifth Avenue, Suite 725
Portland, Oregon 97204
Phones (during regular business hours - 8:30 a.m. to 5:00 p.m.
Pacific Time)
Portland Metro Area:
503-228-3248
Toll-Free:
800-845-3524
FAX:
503-242-1814
Email:
SUPPLEMENTAL INFORMATION PACKAGE
Additional detailed information is available on this property.
Please contact the Auction Information Office at 800-845-3524 or
for a link to the Drop Box.
BIDS DUE:
Bids must be received no later than 5:00 p.m. Tuesday, August
12, 2014, and include an earnest money deposit of no less than
five percent (5%) of the purchase price, as well as an indication
of Buyer’s ability to close “as is, all cash”, by September 24, 1014.
Seller will respond to all offers no later than August 15, 2014
and has the option to accept, reject or request a “best and final”
offer from one or more parties.
COOPERATING BROKERS
Broker cooperation is invited. A commission of 2% will be paid
to the real estate agent whose Buyer closes on the purchase of
the Property. The real estate agent must be a broker currently
licensed by his/her state of residence or a salesperson licensed
under such broker. Cooperating broker commissions will be
paid upon close of escrow. Cooperating brokers will not share
in any payment of liquidated damages.
No real estate agent will be recognized for a Buyer where that
Buyer has previously contacted, or been contacted by, the
Seller, or Realty Marketing/Northwest, concerning the Auction
Property purchased. No commission will be paid to any real
estate agent participating as a principal in the purchase of the
property. The commission will be earned and paid upon the
full and final closing by the Buyer on the conveyance of the
property and the receipt of the full purchase price by Seller.
No exceptions to this procedure will be made and no oral
registrations will be accepted.
CLOSING AND COSTS
Transactions must close no later than September 24, 2014,
unless extended by the Seller, in writing. The property(s) will
be conveyed free and clear of liens by virtue of a Bargain and
Sale Deed. The Seller shall provide a Standard Form of Title
Policy and escrow fees will be split equally.
ADDITIONAL CONDITIONS
(A) No claim will be considered for allowance, adjustment or
rescission based on failure of the property to correspond to any
particular expectation or standard, other than the Preliminary
Title Report.
(B) Title insurance is available for each property, ensuring
the title of such property to be in fee simple, subject to
no encumbrances except current taxes and assessments,
easements, rights of way, reservations, covenants, conditions
and restrictions of record, purchase money financing and
printed exceptions in the standard form Owner’s Title Policy.
A copy of the Preliminary Title Report for each property may
be inspected prior to submitting an Offer.
(C) To the extent permitted by law, properties will be sold “As
Is”. Prospective buyers should examine the property and all
supporting documentation carefully, and shall not rely on the
Seller or sales agents. All buyers will take possession at the
close of escrow.
(D) Sizes and square footages set forth for the properties are
approximations only, based on the best information available,
but the actual sizes and square footages may be different. All
sketch plans are conceptual in nature and neither Seller nor its
agents have submitted plans or made applications to any public
agency.
(E) Agency Disclosure. The selling and listing agent, Realty
Marketing/Northwest and Pacific Real Estate Investors, LLC,
represents the Seller in these transactions.
(F) Offer void where prohibited. Catalog will not be mailed to
residents of any state in which this offering is not in compliance
with the real estate laws or other laws of that state.
(G) The information contained here has been gathered from
sources deemed reliable; however, RealtyMarketing/Northwest
makes no warranties expressed or implied as to the accuracy of
the information contained here.
NEED HELP?
Realty Marketing/Northwest prides itself on the quality
of its service. If at any time you need special assistance,
please contact John Rosenthal, President at 800-845-3524 or
503-228-3248.
