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REAL
ESTATE AUCTION |
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La Cita
Hilltop
at La Cita Golf and Country Club
(7) Residential Lots
Driver Court
Titusville (Brevard County), Florida 32780 |
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Auction
No.: 08-008
Auction
will be Conducted On Site
11:00
A.M. · SATURDAY · MARCH 8
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Terms & Conditions of Sale
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1. BIDDER REGISTRATION:
The auction is open to the public and your attendance is welcomed.
Auction registration will begin at 9:30 A.M. on March 8. A Cashier’s Check
or its equivalent must be displayed in the amount
of $2,500.00 must be displayed at the time of Bidder Registration. All
checks should be made payable to National Auction Company.
2. CONDITION of PROPERTY:
The properties are offered in As-Is condition. Bidders are encouraged to
inspect the parcels before the auction. All Purchasers will be
given a current survey at the Seller’s expense.
3. CONTRACT & DEPOSIT:
The total deposit due from top bidders on auction day will be equal to
10% of the total purchase price (Top Bid Price + Buyer’s Premium) of which
the $2,500.00 Cashiers’ Check will be part. Any difference between the
Cashiers’ Check and 10% of the purchase price can be paid by cash or
personal check. Purchasers will be expected to execute a Real Estate
Purchase Agreement at the conclusion of the auction. Copies of the Real
Estate Purchase Agreement will be available prior to the auction.
4. CLOSING DATE , CLOSING COSTS & CLOSING AGENT:
The Real Estate Purchase Agreement provides for closing on or before 30
days after the auction. The Seller will provide and pay for an Owner’s Title Insurance Policy
showing title to be good and insurable. Payment for documentary stamps
required to transfer title will be the responsibility of the Purchaser. Real
estate taxes will be prorated to the date of closing. Closings will be
handled by Land America/Gulf Atlantic Title Company, 952 Country Club Drive,
Titusville, Florida 32780 (321-383-7800 • Facsimile 321-383-7811).
5. FORM of AUCTION:
The first Lot will be sold to the highest bidder at Absolute Auction
with those remaining to be sold Subject to Confirmation of the Seller. It is
the intention of the Seller to sell all of these lots at the auction so
please come prepared to participate. In addition, the Seller will Provide a
Free One-Year Tennis Membership with every lot sold at this auction.
6. REAL ESTATE BROKER PARTICIPATION:
We welcome the participation of other real estate brokers and their
associates. Please call National Auction Company for details and
instructions for registration of prospects. A fee equal to 20% of the net
commission received by the National Auction Company will be paid at the time
of closing. Registrations must be in writing and received by National
Auction Company by 5:00 PM on March 7. The Broker/Prospect Registration
Forms are available from our website or by calling our office.
7. BUYER’S PREMIUM:
A 10 % Buyer’s Premium will be added to all Top Bids and included in the
total contract price.
8. CONDUCT of AUCTION:
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The Lots will be offered using the High Bidder’s Choice
Method of Sale.
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The terms and conditions may be changed or modified by announcement from the
auction podium. Any such announcement will take precedence over previously
printed materials or oral statements made.
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Bids will be accepted from registered bidders only and increments of bidding
will be at the discretion of the auctioneer.
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In the event of tie bids or disputes between bidders, the decision of the
auctioneer will be final.
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In the event an offer is made to purchase these Lots prior to the
scheduled auction date and the Seller decides to accept, the auction may be
postponed or cancelled.
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The auction will be video or audio recorded to provide a record of the
event.
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Bidders should rely upon their own inspection of the property, information
and judgment. Any measurements, stated square footage or similar information
are estimations.
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All information contained in the brochure, newspaper advertising, web site
or provided by staff members is believed to be correct but is not
guaranteed.
9. PREVIEWS: The properties can be previewed at your convenience on a drive
by basis. For the convenience of bidders, the Lots
have been marked with identification signs for easy recognition of each
property included in the
auction. Please contact National Auction Company for further information.
10. DIRECTIONS: I-95 to Exit #215 (State Road 50-Titusville) - Travel
east to Barna Avenue and turn left at the traffic light. Continue north on
Barna Avenue to Country Club Road (entrance to La Cita) and turn right.
Continue on Country Club Road to Raney Road and turn right. Continue on
Raney Road to Driver Court and turn left into La Cita Hilltop.
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