SUNDAY, OCTOBER 14, 2001  7:00 PM 

cover_photo.jpg (28072 bytes)BUILDER CLOSEOUT AUCTION-

THE CONCORDE

PROPERTY NO. 102: The Concorde is located at 2870 Pharr Court South in Beautiful Buckhead.
AUCTION DATE & TIME: The Auction Will Be Held Sunday, October 14th at 7:00 PM 
SALE SITE:  Sheraton Buckhead Hotel,  3405 Lenox Road NE, Atlanta, GA 
PROPERTY DESCRIPTION:
Interstate Auction Company is proud to have been selected as the auctioneer of choice for the final sale of these premier Buckhead condominiums and is pleased to offer them to the public at auction prices.

10 UNITS SELL ABSOLUTE, NO MIN. BID

 

 

The developer of this fine high-rise complex has made the decision to expedite the sale of the final units. With the exception of the Penthouse units (on the 30th and 31st floors, which will be sold through the process of a Sealed Bid Auction) all remaining units will be sold during this special one-day event, thereby eliminating a lengthy and costly sellout period. The savings realized from this one-day sellout will be passed on to you, the Buyer!!

Interstate Auction Company cordially invites you to see Buckhead from the Concorde view, and strongly urges you to be at the auction on Sunday, October 14th to purchase the unit or units of your choice...at the price you set!! 

concorde logo.gif (2071 bytes) front door photo.jpg (8066 bytes) foyer photo.jpg (17968 bytes) fitness room photo.jpg (30697 bytes)

 

HOMES FEATURE
Marble Entrance Halls
European Washer/Dryer
Individual Storage Unit
Deeded Parking Spaces with Controlled Access
One Bedroom Units Get 1 Parking Space; 

Two Bedroom Units Get 2 Parking Spaces
Refrigerator, Stove, Dishwasher and Microwave
Angled Windows Offering Panoramic Views
Floor-To-Ceiling Windows with Vertical Blinds
Crown Molding in Living/Dining Rooms
Prewired for Cable
New Carpet and Padding (Floors 5 thru 29)
Plus Much More!!
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AMENITIES INCLUDE:
Fantastic New Outdoor Pool and Patio with 
Gas Grill
New State-Of-The-Art Fitness Center
Rooftop Tennis Court and Spacious Sundeck
24-Hour Concierge
Central Heat Pump and Cooling Towers for 
Entire Tower
Newly Redesigned and Decorated Halls
Association Management Office On-Site
Laundry Facility
Dry-Cleaning Drop-Off and Pick-Up Service
Package Delivery and Pick-Up Service
Tastefully Decorated
Clubroom with Wet Bars, Conference/Buffet Table, Private Bathroom, Fireplace, 
Computer & Fax Machine, 
Television with Cable 
Interior Bike Racks
Three High-Speed Elevators
Separate Service Elevator Direct To Loading Dock
Water/Garbage Pick-Up
Pest Control Service
Common Area 
Liability Insurance
Concrete, Steel and Glass Structure for Low Maintenance

Floorplans: click on pictures for larger image

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B3

01,05,06,10 type b2 floorplan.gif (6798 bytes)

B2

02,04,07,09 type a floorplan.gif (4491 bytes)

A

08 & 03  Type E floorplan.gif (3603 bytes)

E

3101, 3104 2b2 floorplan.gif (7620 bytes)

2B2

b3b floorplan.gif (8000 bytes)

B3B

3002 floorplan.gif (6697 bytes)

AD

 

35 Luxury Condominiums

AUCTION 

UNIT TYPE 

# Of BR/BA  SQ FT* 

FLOORPLAN 

TYPE 

PREVIOUS BUYER'S

ASKING PRICE 

NOTES
Sealed Bid 3101  
3/3.5  2,583  B3B  $799,900  
Sealed Bid 3102 
3/3.5  2,067  B2B  649,900  
Sealed Bid 3104 
3/3.5  2,583  B3B  799,900  
Sealed Bid 3002
 1/1.5  1,303  AD  384,900  
Live Auction 2901  2/2 
1,260  B3  294,840  
Live Auction 2905
 2/2  1,228  B2  277,528  
Live Auction 2908 
1/1  543  136,293  
Live Auction 2802
 1/1  807  196,908  
Live Auction 2805 
2/2  1,228  B2  275,072  
Live Auction 2808 
1/1  543  135,207  
Live Auction 2702 
1/1  807  195,294  
Live Auction 2704 
1/1  807  200,136  
Live Auction 2705 
2/2  1,228  B2  272,616  
Live Auction 2601 
2/2  1,260  B3  287,280  
Live Auction 2605 
2/2  1,228  B2  270,160  
Live Auction 2609 
1/1  807  190,452  
Live Auction 2610 
2/2  1,260  B3  284,760  
Live Auction 2501  2/2  1,260  B3  284,760  
Live Auction 2504 
1/1  807  $196,908  
Live Auction 2510  2/2 
1,260  B3  282,240  
Live Auction 2401 
2/2  1,260  B3  282,240  
Live Auction 2409 
1/1  807  187,224  
Live Auction 2301 
2/2  1,260  B3  279,720  
Live Auction 2308 
1/1  543  129,777  
Live Auction 2201 
2/2  1,260  B3  277,200  
Live Auction 2209 
1/1  807  A  183,996  
Live Auction 2101 
2/2  1,260  B3  274,680  
Live Auction 2105 
2/2  1,228  B2  265,880  
Live Auction 2106 
2/2  1,228  B2  260,336  
Live Auction 1905 
2/2  1,228  B2  252,968  
Live Auction 1201 
2/2  1,260  B3  233,770  
Live Auction 1202 
1/1  807  160,000  
Live Auction 1209 
1/1  807  A  160,000  
Live Auction 1210  2/2 
1,260  B3  235,710  
Live Auction 510  2/2  1,260  B3  220,000  

area map.jpg (18148 bytes)* All Square Footages Are Approximate. Scale Used In Floor Plans Shown May Vary.

Visit The Concorde During Scheduled Open House Times To Choose The Floor Plan That's Right For You!
Auction Reps On-Site Every Tuesday Through Sunday From 1:00 To 7:00 PM
Buyer's Note:
This handy chart is provided for your convenience to use during inspection periods or at the auction to make notes such as ranking the condos in order of your personal preference, floorplan ideas, etc.

10 UNITS SELL ABSOLUTE, NO MIN.

 Auction Will Be Updated Frequently With More Auction Items.

REGISTRATION: Live Auction registration will begin at 5:00 P.M. at the Sheraton Buckhead Hotel. To register, bidders must show that they have in their possession $1,000 in cash, cashier's check, certified check, check with bank letter or other approved check. Cashier's checks and certified checks should be made payable to yourself. You must have a separate $1,000 check for each unit purchased. All bank letters of credit must be approved by Interstate Auction Company before the close of business Friday, October 12. Interstate Auction® Company may approve personal checks at its sole discretion.

DOWN PAYMENT and CLOSING: Purchasers with pre-approval financing letters from HomeBanc must make a 5% down payment at the conclusion of the auction. All other purchasers who do not show their pre-approval letters from HomeBanc must make a 10% down payment with the purchase and sale contract at the conclusion of the auction. Purchaser's $1,000 cash, cashier's check, check with bank letter or other approved check will be applied as part of the down payment, and a personal check will be accepted for the balance of the sale day down payment (either 5% or 10%). All sales must close within 45 days of the auction. 

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.

BROKER PARTICIPATION: Broker participation is welcome subject to specific auction guidelines. Call (404) 812-9595.

FINANCING: Sales are not contingent upon purchaser's obtaining financing. All purchasers are advised and encouraged to get pre-qualified prior to the auction. Purchasers may obtain financing from any lender. HomeBanc will offer loans of up to 95% of the purchase price to qualified purchasers. Several loan programs are available through HomeBanc. Todd Kallenbach of HomeBanc will process applications for HomeBanc AND for Seller Financing. Call Todd at 404-303-4474 or log onto www.homebanc.com/kallenbach to start the application process now. The seller will also offer temporary financing to qualified purchasers. The seller financing will be for 80% of the purchase price (10% down at the auction and 10% more at closing) with an 8.5% interest rate (8.5% APR), 30-year loan with a 1-year call provision. This loan will be available to purchasers who make the required down payment and complete a loan application, provided there are no judgments, no pending or recent bankruptcy, nor any tax liens outstanding against the purchaser.
SPECIAL SEALED BID AUCTION:
4 PENTHOUSES ON FLOORS 30 & 31
The following units will be offered in a special sealed bid auction:
#3101: 3 Bedrooms, 3.5 Baths, 2,583 Sq. Ft. Penthouse, Previous Price: $799,900 
#3102: 3 Bedrooms, 3.5 Baths, 2,067 Sq. Ft. Penthouse, Previous Price: $649,900
#3104: 3 Bedrooms, 3.5 Baths, 2,583 Sq. Ft. Penthouse, Previous Price: $799,900 #3002: 1 Bedroom, 1.5 Baths, 1,303 Sq. Ft. Penthouse, Previous Price: $384,900

These units are available for inspection during the regular open house times. Bid packages for the sealed bid auction of these 4 units are available at the Concorde Sales Office in Unit #1210 and at the office of Interstate Auction® Company, 6690 Roswell Road, Suite 550, Atlanta, GA. Bids must be submitted by 5:00 p.m. on Wednesday, October 10th. All sealed bids must conform to the terms and conditions for the sealed bid auction in the sealed bid package. All bidders in the sealed bid auction will be contacted by 5:00 p.m. on Thursday, October 11th and notified of the status of their bids.

ADDITIONAL INFORMATION: Interstate Auction® Company represents the Seller. 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. The Auctioneer shall not be responsible or liable in any way if the owner 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. All information was obtained from sources deemed reliable. Interstate Auction® Company, sale manager, and all their agents, Seller 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 day take precedence over written matter. Conduct of the auction, sale order, increments of the bidding shall be at the sole discretion of the auctioneer. Offer void where prohibited by law.

CALL CONCORDE AUCTION OFFICE NOW (404) 812-9595

Disclaimer:  All information was obtained from sources deemed reliable. Although every precaution has been taken to insure accuracy, Interstate Auction® Company, sale manager and all their agents; Sellers and all their agents will not be responsible for any errors or omissions herein. Announcements made sale day take precedence over written matter. Conduct of the auction and increments of the sale shall be at the sole discretion of the Auctioneer. GAL 1966

 Interstate Auction Home

 

INTERSTATE AUCTION® COMPANY, 6690 Roswell Rd, Suite 550, Atlanta, GA 30328 GAL#1966, (404) 303-4720   

 email:  interstate@interstate-auction.com