Real Estate Auction - 742 Evergreen Terrace

742 Evergreen Terrace, Adamsburg, PA
  •   Oct 13 @ 9:00am EDT (Start)
  •   Oct 14 @ 5:00pm EDT (End)
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Built in 2015, this unique contemporary style home is a must see! 3 bedrooms and 2 bathrooms with 1442 square feet of living space. The multi-level design features a open floor plan with a rec room on the basement level. The beautiful wooded backyard comes complete with a creek.

This property will have you feeling as if you were in the mountains! Your monthly rent already covers power, water, sewer and trash so all you need to do is move in! Washer and dryer are already in house. Pets are allowed as long as they are not destructive!

Contact us to book your viewing today!

TERMS OF SALE FOR OCTOBER 3 REAL ESTATE AUCTION

October 13 at 4:30pm

AUCTION FORMAT. All bidding is open and public. To bid during the auction, you need to raise your hand, shout out your bid or instruct an Auctioneer’s Assistant to call out your bid for you.


AUCTION REGISTRATION. All parties seeking to bid on the property at the auction must sign in at the registration table and show the possession of the required cashier’s or certified check. All bidders will be required to sign a statement (“Bidder’s Statement”) prior to commencement of bidding that the bidder has inspected the property and sale documents.

AUCTION PROCEDURE. The property is Offered as follows: *PROPERTY IS “AS-IS, WHERE-IS” BASIS WITH ALL FAULTS AND WITH NO REPRESENTATIONS OR WARRANTIES BY SELLER*


OPEN HOUSE DATES: The property will open for viewing during the following dates and times:
Sept. 18 & 25 (1-3pm) & Oct 2 & 9 (1-3pm)

DOCUMENT PACKAGE. A Bidder’s Packet (“Packet”) has been prepared and must be purchased by mail or at On-Site Inspections in order to bid on each property.


ATTORNEY REVIEW RECOMMENDED. All information contained in this brochure and all other auction related material, such as the Packet, should be carefully reviewed by an attorney prior to the auction and is subject to and may be superseded by (1) the Real Estate Purchase Agreement to be signed at the auction, as well as by (2) announcements made from the podium prior to the commencement of bidding.

REQUIREMENTS OF THE HIGH BIDDER. The High Bidder on the respective parcels will be required to immediately tender the required cashier’s or certified check of: $6,500.00 made payable to Escrow Agent and sign the Real Estate Purchase Agreement.

CLOSING DATE: The entire transaction shall be completed on or before November 18 at which time Purchaser shall pay the balance of the Purchase Price.


BUYER’S PREMIUM. Each sale at auction will provide that the Purchaser pay to the Seller as part of the total purchase price a premium (fee) equal to the following percentage of the high bid or offer price:

1.  .......................................................................................10%

The buyer’s premium will be added to the high bid or offer price in the Real Estate Purchase Agreement to determine the Total Purchase Price. Financing, if any, is calculated on the Total Purchase Price.


FINANCING. This property is being sold via real estate auction and is not offered subject to Purchasers obtaining financing. However, third party financing is available on residential properties to qualified buyers. Please see Bidder’s Information Packets for details.

CONDUCT OF THE AUCTION. Neither Seller, nor Auctioneer is permitted to bid at the auction. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. Announcements made from the podium supersede printed material. Auction is open to registered bidders and invited guests. In the event of a dispute between bidders, the Auctioneer shall make the final decision to accept the final bid, to re-o er and re-sell the property, or to remove the property from the auction. If any disputes should arise following the auction, the Auctioneer’s records shall be conclusive.


BROKER PARTICIPATION. A referral fee equal to 2.00% of the High Bid Price on of the High Bid Price of the property will be paid by the seller from the seller’s proceeds of sale to the Real Estate Broker acting as a buyer broker, whose Client pays for and closes on the property. To qualify for the referral fee, the real estate agent must: (a) be a licensed real estate broker who will abide by the Association of Realtors Code of Ethics; (b) register the Client on company letterhead, and confirm the buyer-broker arrangement (Registration) with the Broker, Auctioneer (c) inspect the property with their prospect; and (d) attend the auction and bid with or for the Client. All Registrations accepted will be acknowledged by Auctioneer. Each participating broker must bring their written acknowledged Registration to the auction for verification. No Broker will be recognized on a Client who has previously contacted or been contacted by the Seller, their representatives or Auctioneer. Referral fees will be paid upon closing by Seller and receipt of all commissions by Auctioneer. No referral fees will be paid by the Seller, if the broker, the broker’s agents, or a member of the broker’s immediate family is participating in the purchase of the property. An a affidavit will be required certifying that the broker is not participating in any way as a principal. No sub-agency shall be offered to any broker by Auctioneer. There can be no exceptions to this procedure and no oral Registrations will be accepted. Brokers are hereby notified that the Seller has provided a dual commission arrangement for the sale of the property.


DISCLAIMER: The information contained herein is subject to inspection and verification by all parties relying on it. This sale is being conducted subject to the Terms of Sale and the Real Estate Purchase Agreement. No liability for its inaccuracy, errors or omissions is assumed by the seller or broker/auctioneer. ALL ACREAGE, SQUARE FOOTAGE, AND DIMENSIONS ARE APPROXIMATE. This offering may be withdrawn, modified, or canceled without notice at any time. Property is subject to prior sale. This is not a solicitation or offering to residents of any state or jurisdiction where prohibited by law.