- EVALUATION
Evaluation by Kobbeman Properties and DGW Auctioneers competitive marketing analysis and minimum/reserve bid and Contractual listing agreement and disclosures.
- PREPARATION
- removal of personal and unwanted items
- floors / carpets cleaned or replaced
- appliances cleaned
- windows cleaned
- landscape trimmed and maintained
- INSPECTIONS
- CAR/PRDS disclosures
- pest report
- environmental natural hazard tax/insurance data
- preliminary title reports
- home inspection report
- roof inspection
- water/sewer/pool/chimney inspections as needed
- ADVERTISING
- Multiple Listing Service (MLS) for realtors including virtual tours
- several national databases featuring real estate
- DGW Auctioneers website
- DGW Auctioneers special flyers by email and regular mail
- newspaper and "Craig's List" advertising
- OPEN HOUSE
- realtors tour
- DGW Auction preview for the public
- AUCTION DATE
- to be agreed by Kobbeman Properties, DGW Auctioneers and the Seller
- listing on MLS will run prior to the auction and realtors tour
|
- AUCTION PROCESS
Prospective Buyers will:
- preview the property in advance of the auction
- review the disclosures prior to auction and sign a receipt for the disclosures
- make such additional inspections as buyer deems necessary
- sign the "Bidders Agreement" terms and conditions
- present cashiers check (generally $15,000) to First American Title (checks will be returned to unsuccessful bidders)
- obtain a DGW Auctioneers Auction Bidder Number
- present proof of funds to close in the form of a Pre-Approval Letter or Bank Letter of Credit or Copy of Equities on Account
- be prepared to increase the deposit amount to 10% of the sale price realized within 10 days of the auction
- present a valid ID such as a Drivers License or Passport
- OFFERS
- written bids may be submitted prior to the Auction
- if using a realtor/agent, one must submit a Buyer Agency Form
- B/A Agreement Form is supplied with bidders agreement
- written bids (not verbal) will be submitted during the actual auction if bidders have completed the above requirements and deposited a Cashiers Check with DGW Auctioneers
- phone bids may be accepted during the auction if bidders have completed the above requirements and deposited a Cashiers Check with DGW Auctioneers.
- DGW Auctioneers staff may call the bidder and execute bids on his/her behalf whilst the auction is being conducted
NOTE: items above subject to change prior to the Auction date
- CLOSE OF ESCROW
Close of Escrow at a reputable Title Company using conventional allocations of costs for Buyer and Seller as customary for each county.
|