Lake Spivey Country Club Estate Property - BHHS GA Properties Seller Choice Auction
Lake Spivey Country Club Estate Property
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Lot Number:1
Completed
Start Time:6/9/2020 3:00:00 AM
End Time:7/7/2020 4:00:00 PM
Bid Count:1
Winning User:L****5
Starting Bid:$240,000.00
Bid Increment:$1,000.00
Estimate:$340,000.00
Current Bid:$240,000.00

A 11% Buyer's Premium will be added to the final Sales Price. All applicable taxes will be assessed based on the sum of the sales price and buyer's premium.

Seller Choice Auction: This is not bank-owned property. Open, bright Golf Course lot in Lake Spivey Country Club. Master on Main, his and her walk in closets, Double Vanity, New tiled walk-in shower and Whirlpool tub. Large Spacious Kitchen with vaulted breakfast room, High-end Cabinetry with Island and Desk space. Great room with Fireplace and Double french doors to back multi-level deck. All bids/offers to be submitted through BHHS GA online auction by July 7, subject to early acceptance. BHHS GA Company Auction License #3157, Auctioneer Patty Brown #3934, Read through full terms and conditions at online registration.

Agent-friendly Auction. 3% to selling broker, Sellers providing property home inspection and underwriting appraisal(With Prosperity Home Mortgage only) open to the public.  Preferred Lender Prosperity Home Mortgage, LLC (Doni Arrington 678-794-0512, Doni.arrington@phmloans.com). 

Read through all terms and conditions and register your client by sending Broker agreement form which is attached on auction bidding website.  All documents are posted on website and all offers/bids are to be submitted through BHHS GA Online Auction website: www.SellerChoiceGA.com 11% Buyers Premium, 10% Down payment at contract signing.

Online auction has a soft close, meaning if anyone bids within last 15 mins, time will be extended by 15 mins to allow for other bidders to bid. Anyone submitting a bid acknowledges they are making a legal and binding offer to purchase the subject property and agree to be bound by the Terms and Conditions as set herein. This acceptance of terms will also include a live Auction event, if needed. All persons participating in this auction must be at least 18 years or older.

An eleven percent (11%) buyer’s premium will be added to the offer amount (bid) to form the contract price. Example $300K Online Bid + $33K BP=$333K Contract Sales Price

 

Financing is available through Prosperity Home Mortgage to buyers who have been preapproved through Doni Arrington at Doni.Arrington@Phmloans.com 678-794-0512.

 

This property is being sold As is, where is with all faults, if any.  There are no contingencies, including financing contingency. No warranty as to condition or suitability for any purpose is expressed or implied. This auction does not include any traditional due diligence period after going under contract. 

 

Buyer shall solely rely on their own information, judgement and inspection of the property and records. Seller may allow public access to their prelisting Home property inspection report; this is a courtesy and not a warranty or guarantee of any kind. Buyers may conduct independent inspections with seller’s permission prior to end of auction.

Buyers pay all closing costs and any other costs pertaining to this sale.

Closing shall occur within 30 days of signed contract.

Seller will pay seller's portion of pro-rated taxes at closing.

Seller will be presented daily with any new high bids.  Seller reserves the right to accept or reject any bid/offer or to waive any technicalities and defects. The seller has the right to accept a bid prior to close of auction. Upon successful acceptance, Auctioneer/List Agent will email sale and purchase (GAR Form) contract to be signed by buyer on the same day as the sale, or upon early acceptance by seller. Buyer will then submit the down payment of 10% via wire to Weissman Law on the same day as the sale. All contracts must be accompanied with a non-refundable ten percent (10%) down payment which will serve as earnest money that is wired or ACH to Escrow agent- Weissman Law. Closing Attorney and Escrow agent will be Weissman Law 500 Westpark Drive #150, Peachtree City, GA 30269.

 LEAD BASED PAINT DISCLOSURE: This property was built after 1978, but lead base disclosure will still be provided. This property is selling on an “as-is” basis. If concerned, prospective bidders should conduct any risk assessments or inspections prior to bidding. At the conclusion of the auction, the successful bidder will be asked to sign a form waiving their right to conduct any assessments or inspection of lead base paint after the auction. All buyers are permitted to conduct inspections prior to end of auction.

 

8155 Clubhouse Way
Jonesboro, 30236
United States

Closing on or before August 7, 2020. Possession at closing.