1504 Auction Catalog - page 115

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OR FAX FORM ON PAGE 115 TO 503-242-1814
the Buyer on the conveyance of the property and
the receipt of the full purchase price by Seller. No
exceptions to this procedure will be made and no
oral registrations will be accepted.
CLOSINGAND COSTS
All sales must close within 30 to 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.
For the properties being offered for sale with No
Minimum Bid, the Buyer will be required to pay all
customary closing costs, including, but not limited
to, title insurance premiums and sales tax thereon
(if any), full escrow fees, back taxes and penalties
(if any), local improvement and irrigation district
assessments (if any), and state excise taxes.
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, other than the Preliminary
Title Report.
(B) No bidder shall offer an advance on the previous
bid of less than the amount the Auctioneer directs.
In the event of a dispute between bidders, the
Auctioneer will make the sole and final decision to
either accept the final bid or to re-offer and resell the
property in dispute. The Auction will be recorded,
and if any dispute arises following the Auction, the
Auctioneer’s recordswill be conclusive in all respects.
(C) Title insurance is available for each property,
ensuring the title of such property to be in fee simple,
subject to no encumbrances except current taxes and
assessments, easements, rightsofway, reservations,
covenants, conditions and restrictions of record,
purchase money financing and printed exceptions
in the standard formOwner’s Title Policy. A copy of
the Preliminary Title Report for each property may
be inspected prior to the Auction.
(D) To the extent permitted by law, properties 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 the
close of escrow.
(E) Sizes and square footages set forth for the
properties 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 plans or made applications
to any public agency.
(F) Agency Disclosure. The selling and listing
agent, Realty Marketing/Northwest, represents
the Seller in these transactions.
(G) Seller and Sellers’ Agents reserve the right to
refuse admittance to or expel anyone from the
Auction premises for interference with Auction
activities, causing a nuisance, canvassing or
other reasons.
(H) Seller has the right to postpone or cancel the
Auction inwholeor inpart, at its solediscretion, and
to modify or add any terms and conditions of sale
and to announce such modifications or additional
conditions either prior to, or at, the Auction.
(I) Offer void where prohibited. Catalog will not
be mailed to residents of any state in which this
offering is not in compliance with the real estate
laws or other laws of that state.
(J) The information contained here 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 here.
NEED HELP?
Realty Marketing/Northwest prides itself on the
quality of its service. If at any time you need as-
sistance, please contact Steve Dwelle at (800) 845-
3524 or (503) 228-3248
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