The Johnson Group, the developer of Venetian Bay is having another auction to reduce inventory. There will be 8 condos, 38 Townhomes and 5 Single Family Homes on the block, 10 of which will be selling absolute.
The condos are 3 bedroom 3 bath and 4 bedroom 3 1/2 bath units originally selling from $382,000 to $525,000.
The townhomes are 2 bedroom 2 1/2 bath, 3 bedroom 2 1/2 bath, and 3 bedroom 3 bath units originally selling from $289,000 to $318,000.
The single family homes are 3 bedroom 2 bath homes and were originally priced from $269,000 to $330,000.
There is no minimum starting bid, and 10 of the units will be selling absolute, which means once the auctioneer accepts a bid, the unit will sell.
AUCTIONEER'S TERMS & CONDITIONS:
BIDDER REGISTRATION: All prospective bidders must register to bid.
TERMS: A $10,000 cashier's check is required for day of auction - Please make the Cashier's Check payable to yourself.
CLOSING: Closing within 30 days of auction.
DOCUMENTS AVAILABLE: Bidder's Information packets will be available on auction day.
REQUIREMENTS OF SUCCESSFUL BIDDER: 10% Buyer's Premium will be added to the final bid to establish the final sales price. The successful high bidder will be
required to sign a Real Estate Purchase Agreement immediately upon conclusion of the bidding.
TITLE: Title will be supplied by seller at seller's expense giving marketable title subject to restrictions of record. Taxes pro-rated per local method.
AGENCY: Auctioneer and its agents are sellers agents.
BIDDER REGISTRATION: All prospective bidders must register to bid.
TERMS: A $10,000 cashier's check is required for day of auction - Please make the Cashier's Check payable to yourself.
CLOSING: Closing within 30 days of auction.
DOCUMENTS AVAILABLE: Bidder's Information packets will be available on auction day.
REQUIREMENTS OF SUCCESSFUL BIDDER: 10% Buyer's Premium will be added to the final bid to establish the final sales price. The successful high bidder will be
required to sign a Real Estate Purchase Agreement immediately upon conclusion of the bidding.
TITLE: Title will be supplied by seller at seller's expense giving marketable title subject to restrictions of record. Taxes pro-rated per local method.
AGENCY: Auctioneer and its agents are sellers agents.
This last line of the Terms & Conditions is very important, no matter how friendly they are, the Auctioneer and their Representatives work for the Seller.
I work for you. I will be happy to preview these properties with or for you before the auction and will preregister you for the auction. If you are out of town, and won't be here for the auction, I can act as your agent and bid for you. I will be happy to preview the units and take photos for you as well.
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