SMITH-GLEN LAKES Real Estate

Live Webcast Auction

Coastal Auction Co., Inc.

9695 Fairway Drive

Foley, AL 36535

Date(s) 7/5/2018 - 7/21/2018

Saturday, July 21, 2018 at 10:00 AM (cst)

Past Auction

Catalog

View Catalog (1 Lots)

Bidding Notice:

Online Bidding Available for this auction

Auction Information

Name	SMITH-GLEN LAKES Real Estate
Auctioneer	Coastal Auction Co., Inc.
Type	Live Webcast Auction
Date(s)	7/5/2018 - 7/21/2018
Auction Date/Time Info	Saturday, July 21, 2018 at 10:00 AM (cst)
Preview Date/Time	Saturday and Sunday, July 14 and 15 from 1pm until 6pm (cst) Thursday and Friday, July 19 and 20 from 1pm until 6pm (cst)
Checkout Date/Time	N/A
Location	9695 Fairway Drive Foley, AL 36535
Buyer Premium	10% Added to the Highest Bid
Description	Real Estate Auction to sell a recently renovated (4) bedroom, (2) bath brick home in the desirable neighborhood of Glen Lakes in Foley, Alabama.

Terms and Conditions

Buyer's Premium 10%. All Bids are Final. AUCTION TERMS FOR THIS PROPERTY: (APPLIES TO ONSITE ATTENDEES AT AUCTIONS) $5000 at Registration in form of cashier's check or bank letter of credit with personal or business check. If deposit is paid by charge card, a 3% surcharge will be charged. Total of 15% down of total purchase price due day of auction and balance with deed within 30 days at closing. Property taxes prorated. NOTE: 10% Buyer's Premium will be applied to determine final sale price. AUCTION TERMS (FOR AUCTIONS WITH PERSONAL PROPERTY). All items are sold as is/where is, buyer is responsible for disassembly and removal of items. Inspection prior to bidding is recommended and available. Buyer is responsible for all freight, handling costs, and taxes where applicable. Full settlement is due on day of sale. ACCEPTED forms of payment: Cash, Cashier's Check/Money Order, Personal/Business Check with Bank Letter of Guarantee. VISA, MasterCard, Discover, American Express - (3% Fee Applies to Credit Card Purchases). Credit Cards must match driver's license to be accepted by Coastal Auction Co., Inc.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 300,000.00	5,000.00 USD
300,000.01 - 9,999,999.99	10,000.00 USD

Payment Information

Currency	USD
Buyer Premium	10% Added to the Highest Bid
Payment Terms	Down Payment (DEPOSIT): The Winning Bidder shall be required to make an earnest money down payment equal to 15% of the total purchase price. This deposit must be paid by wire transfer (or by certified funds), by close of business the day following the bidder being declared the Winning Bidder. Winning Bidders whose documents and deposit are not received within the required timeframe are subject to paying a liquidated damages amount equal to the down payment (charged to the credit card used at registration) and will not be allowed to bid in any future Coastal Auction Co., Inc. events.

Shipping / Pick Up

N/A

Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.