|
Conditions of Sale: The property is being offered in “as is” condition with no conditions or contingencies of any kind. Any inspections should be completed prior to auction and is not a condition of sale. Broker/Realtor Participation Welcome: A Broker or agent whose client is the buyer of the real estate may be entitled to a 2% broker participation fee. Agents must register their clients at least 12 hour prior to the auction. Brokers and agents may obtain the registration from the web site or by calling the auctioneer. Click here to obtain the Broker/Realtor Participation Form Auction Location: From I-65 take exit 135 and proceed west on St. Catherine St. The property is located on the left side of the street just past 5th Street. Owner reserves the right to accept offers and declare the property sold prior to the stated ending time of the auction. |

|
Auction Terms, Conditions and General Information Buyer’s Premium: A 10% buyer’s premium will be added to the high bid to determine final contract selling price. Down Payment: The buyer shall make a down payment of $8,000 immediately following the auction. The down payment may be made by certified check, wired funds, Mastercard or VISA. Closing: Balance of payment due at closing on or before September 30, 2008. Inspection: Auctioneers will be on site Wed. Aug . 13th, from 1-3 PM for those wanting to inspect the property. |

|
Updated rear photos show new vinyl siding added to third floor in late July |
|
RENTAL INFORMATION ON EACH UNIT |
||||
|
|
Unit 1 |
Unit 2 |
Unit 3 |
Unit 4 |
|
No. of bedrooms |
2 |
2 |
1 (studio) |
2 |
|
No. of bathrooms |
2 |
1 |
1 |
1 |
|
Currently rented |
Yes |
Yes |
Yes |
Yes |
|
Date lease began |
10/25/2007 |
9/1/2007 |
6/26/2008 |
7/18/2006 |
|
Lease expiration date |
10/30/2008 |
8/31/2008 |
6/30/2009 |
6/30/2007 |
|
Terms after expiration date |
Month to Month |
Month to Month |
Month to Month |
Month to Month |
|
Amount of Rent |
$600 / month |
$565 / month |
$400 / month |
$650 / month |
|
Amount of security deposit |
$525 |
$300 |
$400 |
$650 |
|
Rent due date |
1st day of mo. |
1st day of mo. |
1st day of mo. |
1st day of mo. |
|
Late payment fee, if applicable |
$25 after the 5th |
$25 after the 5th |
$25 after the 5th |
$25 after the 5th |
|
Returned check fee, if applicable |
$30 |
$30 |
$30 |
$25 |
|
Pets allowed |
Not w/o approval |
Not w/o approval |
Not w/o approval |
Not w/o approval |
|
Number of authorized occupants |
1 |
1 |
1 |
2 |