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Auction Date: Saturday,
April 18th, 2009 at 11am. Registration starts at 10am.
Auction Conducted at:
Campania Café, 416 S. Main Street, Davidson, NC
Property Address:
The Condos in South Main Square, 706-832 Cotton
Gin Alley, Davidson, NC
Property Highlights:
Property Overview:
Location LOCATION Location! New
 Construction in the Davidson Main Street
Arts District! New Mixed-Use project, South Main Street Condos...
Residential over ground floor retail/office. Excellent for residents
that want easy access to Highway 115, Main Street, Davidson College and
other affluent areas. There's an easy walkability to living here, with
town hall, the Belk Visual Arts Center and beautiful Davidson College
right up the block. In a best-of-both-worlds way, Charlotte is just 20
miles to the south on I-77 and Lake Norman is practically right in the
backyard
Open House:
Every Saturday and Sunday from 1-5pm Beginning March 21, or by
appointment.
Directions:
Location Map (google
maps)
Bank Financing Available to
Qualified Owner-Occupants and Investors:
Financing is available to both
qualified owner-occupants and investors.
Contact Suzanne Blackwell of Peoples Bank at
704.483.3050 or 704.746.5676
or email
sblackwell@peoplesbanknc.com
to prequalify.
Photos:
Click on Image To Enlarge:
Call for disclosure information &
bidding instructions.
Sperry Van
Ness/INTERSTATE AUCTION COMPANY
404-303-1232
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All property
disclosure documents may not be available at this time.
Be sure to check back as auction documentation is added
frequently. |
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Terms:
SALE
SITE, DATE & LOCATION: All Properties Will Sell Onsite. Auction Conducted At:
Campania Cafe located at 416 South Main Street in
Davidson, NC, adjacent to the condos.
AGENT FOR THE SELLER: Sperry Van Ness®/Interstate
Auction® Company (Auctioneer) are acting as exclusive
agents for the Sellers.
REAL ESTATE TERMS: Purchasers must make a $5,000 down
payment and close within 30 days of the auction.
Purchaser arranges and pays for closing. All properties
will be sold with clear title and no liens. Taxes and
HOA fees, if applicable, will be prorated at closing.
BUYER'S PREMIUM: A 10% Buyer's Premium will be added to
the high bid price on each property to arrive at the
contract price.
GENERAL TERMS OF AUCTION: Announcements made sale day
take precedence over all other written matter. Conduct
of the auction and increments of the sale shall be at
the sole discretion of the auctioneer.
ADDITIONAL INFORMATION: Check our website:
www.InterstateAuction.com for a copy of the Auction
Purchase and Sale Agreement, Bidder's Affidavit,
additional terms, and other important information.
BROKER PARTICIPATION: Broker participation is welcome
based on the following terms: A 2% (two percent)
commission based on the high bid on any property before
adding buyer's premium will be paid to any qualified
licensed North Carolina Real Estate Broker whose
prospect is the successful bidder at the auction and
closes on the property. To qualify for the commission
the Broker must register by mail, fax, or hand delivery
the prospect's name and address on the broker
registration form available at www.InterstateAuction.com.
The registration form must be signed by the prospect and
the Broker, and must include the Broker's real estate
license number. It must be received at the office of
Sperry Van Ness®, 19901 W. Catawba Avenue, Suite 102,
Cornelius, NC 2803, Phone: 704-892-6923; FAX:
704-892-7392 before any inspection of the property by
the prospect, no later than 5:00 PM on the last business
day preceding the auction. Broker registration must be
confirmed by Auctioneer to be valid. UNDER NO
CIRCUMSTANCES WILL BROKER REGISTRATION BE ALLOWED ON THE
DAY OF THE AUCTION. In addition, to qualify for a
commission, the Broker must also attend the auction and
sign the Auction Real Estate Sales Agreement if their
client is the winning bidder. Commissions to be paid
only upon closing. A commission on a property will be
paid only to the first broker registering a prospect. A
Broker cannot act as a principal and a broker on the
same transaction. See website for complete details.
DISCLAIMER: Auctioneer reserves the right to deny any
person admittance to the auction. Auctioneer may refuse
admittance to or expel anyone from the auction premises
for any interference with auction activities, or any act
or action which might be considered detrimental to the
auction by the Auctioneer. All information was obtained
from sources deemed reliable, however, Sperry Van
Ness®/Interstate Auction® Company, auctioneers, sale
managers and all their agents, Sellers and all of their
agents, will not be responsible for any errors or
omissions herein. Oral representations cannot be relied
upon as correct. However, announcements made on auction
days take precedence over all written matter. Offer void
where prohibited by law. The auctioneers shall not be
responsible or liable in any way whatsoever if any
Seller fails to honor any bid or refuses to close on any
contract which may result from this auction. Seller
reserves the right to add or delete properties, to
postpone or cancel the auction in whole or part, and to
modify or add any terms and conditions either prior to
or at the auction. Persons buying in the name of trusts,
partnerships, corporations or with a power of attorney
must have the authorizing documents examined and
approved prior to the auction by a representative of the
Seller. Information contained herein is believed to be
accurate but is not guaranteed. Please check our website
for additional information.
Please see
additional Terms & Conditions, Auction Purchase & Sale
Contract and Addendum documents listed above. |
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