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AND BID PACKAGE CALL 1-800-845-3524
THREATENED OR ENDANGERED SPECIES
The seller is unaware of any threatened or endangered
species within the area of the Wilson Creek property
and anticipates no significant impact concerning future
harvests.
PRELIMINARY TITLE REPORT
A preliminary title report has been prepared by
AmeriTitle with copies of the exception documents.
The report is available as part of the Supplemental
Information Package.
LOCATION
Township 4 South, Range 27 East, Section 36
Township 4 South, Range 28 East, Sections 9, 20, 21, 28,
29, 30, 31, 32 and 33
Township 5 South, Range 27 East, Section 1 and 12
Township 5 South, Range 28 East, Sections 5, 6 and 7
LOCATION – TIMBER RIGHTS
Township 4 South, Range 28 East, Sections 17, 18, 19 and 32
Township 5 South, Range 27 East, Sections 1 and 2
CONDITIONS OF THE AUCTION #1407
REALTY MARKETING/NORTHWEST AUCTION
INFORMATION OFFICE
Oregon Office:
522 SW Fifth Avenue, Suite 725
Portland, Oregon 97204
Telephone: 503-228-3248
Toll Free: 800-845-3524
Fax: 503-242-1814
SUPPLEMENTAL INFORMATION PACKAGE, WITH BID
DOCUMENTS
More detailed information is available on the property. A
Supplemental Information Package, which includes all pertinent
data provided by the Seller, is available in both hard copy
form, and by email. To request a copy of the Supplemental
Information Package, please contact the Auction Information
Office at 1-800-845-3524 or
PUBLISHED RESERVE
The property is being offered at a Published Reserve Price of
$2,250,000. When bidding reaches, or exceeds, the Published
Reserve Price, the Seller is committed to selling the property to
the high bidder. Should the bidding fail to reach the amount
of 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.
SEALED BID DUE DATE
Sealed Bids are due no later than 5:00 PM. Wednesday, August
20, 2014.
FINANCING
Northwest Farm Credit Services is the preferred lender, and
financing may be available to qualified parties. Please see
Supplemental Information Package for details.
COOPERATING BROKERS
Broker cooperation is invited. A commission of 2% 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
upon the receipt of the full purchase price by the Seller.
CLOSING
Closing must occur within 45 days of the Auction, 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 selling and listing agent, Realty
Marketing/Northwest, represents 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.
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