WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Property Description:
Main home is a 1,757±SF single story 3BR/2BA home built in 1972 and in very good condition with central heating and air conditioning, hardwood floors, covered carport, back patio and front porch. Property has a lake, two creeks, pasture and hardwoods plus an older homesite with barn situated near the road.
46± acres currently annexed in town of Turin
The nearby schools include Poplar Elementary School, East Coweta Middle and High Schools.
Coweta County PIDs# 137-1125-002 and 137-1125-002A
2019 Taxes with CUVA exemption are $1,858.03 and $205.35
This land is currently under a Conservation Use Value Assessment (CUVA) exemption established in 2013.
Purchaser must assume CUVA or pay all penalties for breach of covenant. See document section for page with detailed description of requirements.
Live Onsite Auction with Online Bidding
Thursday, August 29 at 2:00 PM
Selling Subject to Seller Confirmation
Inspections:
Sunday, August 11 from 1:00PM - 4:00PM
Sunday, August 25 from 10:00AM - 2:00PM
and the morning of the sale from 11:00AM - 2:00 PM
You may also contact us to schedule an appointment.
Sale Manager: Amy Martin, 404-734-3606 or Amy@AMCbid.com
Terms: The home and property will be sold as-is, where-is with no reps or warranties.
10% Buyer’s Premium will be added to the winning bid to determine sale price, 10% Earnest Money deposit due upon completion of the auction, purchaser will sign as-is contract and close in 30 days.
Financing is allowed but will not be a contingency of sale.
Brokers welcome! Broker Co-Op fee equivalent to 20% of AMC commission paid to qualified agents. Broker registration form, available on our website must be received 48 hrs prior to auction. A Broker cannot act as a principal and a broker on the same transaction. See terms for details.
Pre-Auction Offers: Must be on cash terms using auction contract posted on our site and must be submitted to Auctioneer no later than 48 hours prior to the auction. If we receive an acceptable offer before the auction Auctioneer will contact all registered bidders to acknowledge such and give all interested parties a 3-day window to submit offers. In the case that a higher offer is received the extension clock will reset for three days. This extension will continue until no better offers are received. In the case of an accepted pre-auction contract, the closing will be set no later than 30 days from the date of a fully executed PSA(auction contract). All contracts must be accompanied with a 10% earnest money deposit wired to the Escrow agent within 24hrs.
Transfer will be by Limited Warranty deed. Seller is providing insurable title.
You may have the home inspected at your own expense. We will be glad to meet your inspector to accommodate access.
Closing: Closing is to occur at the offices of Mimi McCain, Esq. (678) 606-9868 GANEK WRIGHT MINSK PC at 675 N. Highland, Suite 400 Atlanta, Georgia 30306.
AMC GAL#2503
