R E A L T Y M A R K E T I N G / N O R T H W E S T
REALTY MARKETING/NORTHWEST
AUCTION INFORMATION OFFICE
Oregon Office:
522 SW Fifth Avenue, Suite 1250
Portland, Oregon 97204
Phones (during regular business hours - 8:30 AM to 5:00 PM
Pacific Time):
Portland Metro Area
(503) 228 3248
Toll Free
(800) 845-3524
Facsimile
(503) 242-1814
Email:
SUPPLEMENTAL INFORMATION PACKAGE, WITH BID
DOCUMENTS
More detailed information is available on the Shiloh Sanctuary
property. A Supplemental Information Package which includes
all pertinent data provided by Seller is available either in hard
copy form, or by email. To request a copy of the Supplemental
Information Package, please contact the Auction Information
Office at 1-800-845-3524.
PUBLISHED RESERVE
The property is being offered with a Published Reserve Price
of $4,250,000. When 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 Published
Reserve Price, the Seller reserves the right to accept, counter or
reject the high bid no later than five business days following
the Sealed Bid due date of July 23, 2013.
SEALED BID DUE DATE
Sealed Bids are due no later than 5:00 PM., Tuesday, July 23, 2013.
FINANCING
None – All Cash. Financing may be available from Northwest
Farm Credit Services. Please see the Supplemental Information
Package for more information.
COOPERATING BROKERS
Broker cooperation is invited. A commission of 1%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 commission will be
paid only upon close of escrow. Cooperating brokers will not
share in any payment of liquidated damages.
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 only upon full and
final closing by the Buyer on the conveyance of the property
and the receipt of the full purchase price by Seller.
CLOSING
Closing must occur no later than September 6, 2013, unless
extended by the Seller in writing. Prior to making a bid, refer
to the Supplemental Information Package with regard to
customary closing costs including, but not limited to, recording
fees, normal prorations, title fees, transfer and/or excise taxes
(if applicable), sales tax on personal property (if applicable),
local improvements and irrigation district assessments (if
applicable), and document preparation fees. Buyers will be
responsible for any real estate compensation taxes or rollback
taxes and penalties as a result of a change in use or designation
of the property including, but not limited to, a change from
open space, agriculture, forest land or recreation.
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, except for the Preliminary
Title Report.
(B) Title insurance is available, ensuring title of the property
to be in fee simple, subject to no encumbrances except current
taxes and assessments, easements, right of ways, 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 the property should be inspected prior to the Auction.
(C) To the extent permitted by law, the property will be sold
“As Is”. Prospective buyers should examine the property
and all supporting documentation carefully. Each bidder is
responsible for evaluating the property and shall not rely on
the Seller or sales agents. All buyers will take possession at
close of escrow.
(D) Sizes and square footages set forth 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 plan or made applications to any public agency.
(E) Agency Disclosure. The listing agents, Realty
Marketing/Northwest and Windermere Western View
Properties, represent the Seller in this transaction.
(F) Seller has the right to postpone or cancel the Auction in
whole or in part, at its sole discretion, and to modify or add
any terms and conditions of sale.
(G) Offer void where prohibited. Catalog will not be mailed
to the residents of any state in which this offering is not in
compliance with the real estate laws or other laws of that state.
(H) The information contained herein has been gathered
from sources deemed reliable; however, Realty Marketing/
Northwest makes no warranties expressed or implied as to the
accuracy of the information contained herein.
Need Help?
Realty Marketing/Northwest prides itself on the quality of its
service. If at any time you need assistance please contact John
Rosenthal, President, at (800) 845-3524 or (503) 228-3248.
CONDITIONS OF THE AUCTION #1303, Shiloh Sanctuary
