Buyer may receive a Special Warranty Deed or equivalent if Buyer is able to obtain title insurance without delaying the closing.
If Buyer does not purchase title insurance, Buyer will receive a Quitclaim Deed or equivalent, with no express or implied warranties of title.
If Buyer elects to use Seller's selection of escrow and title vendor, Seller will pay for the cost of the title insurance policy in accordance with the terms of the Purchase Agreement.
A Buyer's Premium equal to 5% of the Winning Bid Amount or $1,500 (whichever is greater) will be added to all Winning Bid Amounts to determine the Total Purchase Price.
If you are the Winning Bidder, an Earnest Money Deposit of 5% of the total purchase price or $2,500 (whichever is greater) is required.
Buyer is responsible for all escrow fees typically ranging from $850 to $1,375.
This property is reported to be occupied and buyer is responsible for obtaining possession.
Any delinquent HOA/COA assessments shall be paid in accordance with the applicable Purchase Sale Agreement.
Property is being offered as is, where is.
Buyer representing self will not be paid a broker co-op commission
Until the seller's reserve price is met, Auction.com may counter bid on behalf of the seller. Counter bidding gives buyers and sellers more flexibility to find a mutually agreeable price. Counter bids do not occur after the seller's reserve price is met. Learn more about reserve pricing.
Description for 2715 CHEROKEE RD TUSCALOOSA Alabama, 35404
Auctioneer Licensing Information
Auction.com, Inc Adrian Strelzow RE Brkr Lic No. 000094404-0. Auction Firm Lic No.C17. Auctioneer Mark Buleziuk Lic No. 5097