Six Mile Auction: Multi-Property Estate Auction

• In order to be eligible to bid, bidders must show a $2,000 cashier’s check payable to the purchaser, cash, or approved check for each property they intend to purchase.
• A 10% buyer’s premium will be added to the high bid to determine the purchase price.
  Immediately following the auction, the high bidder will sign the Auction Purchase and Sale Agreement provided on the auction website completed with the high bid, buyer’s premium, purchase price and down payment, and with no changes made by the purchaser.
• The high bidder will make a 10% down payment based on the purchase price, and close in 30 days.
• The down payment will consist of a $2,000 cashier’s check, cash, or approved check with a personal or business check for the balance of the down payment.
• Taxes, rents, utilities and other expenses will be prorated at closing.
• All properties will be sold subject to any leases in effect and tenants at will.
• All properties will be sold AS IS, WHERE IS, WITH ALL FAULTS, AND WITHOUT WARRANTY.
• Properties will be sold with title as shown in the provided Title Commitment Letter.
• All inspections including lead based paint and environmental inspections must be done prior to bidding.
• The Auction Purchase and Sale Agreement will not be subject to an inspection or diligence period.
• All closings will be conducted by W. Barry Alford, attorney at law. Purchasers are responsible for scheduling the closings to occur on or before 30 days from the contract acceptance date. All closing costs will be paid by the purchaser. Taxes, rents, and operating expenses, if any, will be prorated at closing. The closing fee is $450 per contract. The title exam fee is $100 per closing. The recording cost is $10 per deed. Courier and mailing costs are $35. Title insurance costs will be based on the sales price.
  

  W, Barry Alford
  Attorney at Law
  Overlook Executive Park
  109 Laurens Road
  Building 4, Suite B
  Greenville, SC 29607
  864-233-4693
  864-232-9208
  barry@alflaw.biz

• See the Terms and Conditions Bidder’s Affidavit for complete terms and conditions.

Please see additional Terms & Conditions, Auction Purchase & Sale Contract and Addendum documents.