1807-Washington-Timberland-Catalog-Catalog

REALTY MARKETING/NORTHWESTAUCTION INFORMATION

OFFICE

Corporate Office:

522 SW Fifth Avenue, Suite 725

Portland, Oregon 97204

Phones (during regular business hours - 9:00 a.m. to 5:00 p.m. Pacific

Time)

Portland Metro Area:

503-228 3248

Toll-Free:

800-845-3524

FAX:

503-242-1814

Email:

info@rmnw-auctions.com

SUPPLEMENTAL INFORMATION PACKAGE WITH BID DOCU-

MENTS

Additional detailed information is available for both properties. Sup-

plemental Information Packages include all pertinent data provided

by the Sellers. To order supplemental information, contact the Auction

Information Office directly at 1-800-845-3524, or email at info@rmnw-

auctions.com

PUBLISHED RESERVE

The properties are being offered with a Published Reserve Price. This

means that when the bidding reaches, or exceeds, the Published Re-

serve Price, the Seller is committed to sell 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 Auction.

SEALED BID AUCTION

Sealed Bids must be received no later than 5:00 p.m., Wednesday, Au-

gust 29, 2018. Sealed Bids must be accompanied by Certified Funds for

ten percent (10%) of the bid price as an earnest money deposit. Within

three (3) business days of acceptance of a bid, earnest money depos-

it must be increased to ten percent (10%) of the accepted bid price.

Checks should be made payable to Realty Marketing/Northwest Cli-

ent Trust Account. Due diligence should be completed prior to bid

submissions. Bidders will be notified of acceptance or rejection of bids

no later than five business days after the bid submission deadline. Es-

crows will close within 45 days of the date of the bid acceptance.

FINANCING

Sale is ALL CASH.

CLOSING COSTS

All sales must close 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 ap-

plicable), local improvements and irrigation district assessments (if ap-

plicable), 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.

COOPERATING BROKERS

Broker cooperation is invited. A commission of 2% will be paid to the

real estate broker whose Buyer closes on the purchase of any Auction

Property. The real estate broker must be a broker currently licensed by

his/her state of residence, or a salesperson licensed under such broker.

Cooperating broker commissions will be paid upon close of escrow.

Cooperating brokers will not share in any payment of liquidated dam-

ages.

Buyers must register their real estate broker on the Bid Form.

No real estate broker will be recognized for a Buyer where

that Buyer has previously contacted, or been contacted by,

the Seller, or Realty Marketing/Northwest, concerning the

Auction Property purchased. No commission will be paid

to any real estate broker participating as a principal in the

purchase of a property. The commission will be earned

and paid on the full and final closing by the Buyer on the

conveyance of the property and the receipt of the full pur-

chase price by Seller. No exceptions to this procedure will

be made, and no oral registrations will be accepted.

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) Title insurance is available for each property, ensur-

ing the title of such property to be in fee simple, subject

to no encumbrances except current taxes and assessments,

easements, rights of way, reservations, covenants, condi-

tions 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 should be

reviewed prior to bid submission.

“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 posses-

sion at the close of escrow.

(D) Sizes set forth for the properties are approximations

only, based on the best information available, but the ac-

tual sizes may be different.

(E) Agency Disclosure. The listing agent, Realty Market-

ing/Northwest, represents the Seller in these transactions.

(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 and to announce such

modifications or additional conditions prior to the Sealed

Bids due date.

(G) Offer void where prohibited.

(H) 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 assistance, please contact

John Rosenthal, President at (800) 845-3524 or john@rmnw-

auctions.com.

TERMS AND CONDITIONS OF THE AUCTION – Catalog #1807

Auction Conducted by Realty Marketing/Northwest, Broker

Aerial Photography by GeoTerra, Inc.

Graphic Design by Troy Hall

Editing by Marti Cohn

vertising material may be reproduced or utilized in any form or by any means,

electronic or mechanical, including photocopying and recording, or by any

information storage and retrieval system without permission in writing from

Realty Marketing/Northwest.

MARKET MAKERS

IN REAL ESTATE

or call 1-800-845-3524