Olde Mill Condo

903 Olde Mill Lane, Norcross, GA

Saturday, February 18th at 1:00 pm



Auction Date & Time: Saturday, February 18th at 1:00 pm on site

Address: 903 Olde Mill Lane, Norcross, GA 30093

Description: Condominium in Olde Mill Crossing located off Graves Road near I-85 in Norcross. This “roommate plan” flat features 2 bedrooms and 2 full baths, Kitchen, dining room and great room, 2 decks, fireplace, washer, dryer and refrigerator.


Open House: Sunday, February 5th and 12th from 1-2 pm and 1 hour prior to the auction.

Directions: Take I-85 to Pleasantdale Road exit. Take the I-85 Access Road north on the east side of I-85 to Dawson Blvd. Stay straight on Dawson Blvd. Turn right on Graves Road. Turn Left on Olde Mill Lane. Once inside Olde Mill Crossing, turn right then left and look for 903.

Terms & Conditions:

Buyers Premium: A 10 percent buyer’s premium will be added to the high bid to arrive at the contract price.

Auction Purchase and Sale Agreement: The high bidder is required to sign the Auction Purchase and Sale Agreement immediately upon the conclusion of the auction and make the required down payment.

Down Payment: The down payment will consist of a $1,000 cashier’s check or approved check payable to Interstate Auction Company with a preapproval letter from a lender. The preapproval letter must be approved by Interstate Auction Company one business day prior to the auction. Preapproval letters can be faxed to 404-303-7997 or emailed to info@interstateauction.com By faxing a preapproval letter to Interstate Auction Company, the potential bidder/borrower authorizes Interstate Auction Company to contact the person who issued the letter and to discuss the bidder/borrower’s credit with the lender. Interstate Auction Company will have complete discretion in approving lender preapproval letters. Approval of preapproval letters by Interstate Auction Company will be given in writing only. Bidders who do not have a preapproval letter approved by Interstate Auction Company, are required to make a 10 percent down payment consisting of a $1,000 cashier’s check or approved check and a personal or business check for the balance of the 10% down payment. This is a cash sale, with no financing contingencies.

Title: The buyer will have 21 days after contract acceptance to check title. If the title is uninsurable, the purchaser may notify the seller in writing within the 21 day period. The seller will have a reasonable time to clear the title. If the Seller is unable or unwilling to clear the title, the buyer’s earnest money will be refunded.

Taxes: Taxes will be prorated at closing.

Closing: The buyer is responsible for scheduling closing with the lender and closing attorney, and will pay all closing costs not required by law to be paid by the seller. Closing must take place within 30 days from acceptance of the contract by all parties. A one-time 14-day extension to closing may be granted by the seller upon the buyer signing a release agreement, releasing all earnest money to the Seller and Auctioneer.

Closing will be in 30 days. Taxes will be prorated

More Information:

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Interstate AuctionŽ Company is a national auction affiliate of:

INTERSTATE AUCTIONŽ COMPANY, 1100 Johnson Ferry Road, Suite 588, Atlanta 30342 GAL#1966,  404-303-1232  Fax: 404-303-7997

 email:  interstate@interstateauction.com