629 Locust St. Rear, Columbia, PA Property Auction

H.K. Keller

 

Date(s) 1/16/2019 - 2/16/2019

The auction will begin at 10am on February 16th. This auction is a simulcast auction, meaning the auctioneer will be on location with live bidders while also accepting bids from online bidders. The auctioneer will use the online prebidding to start the auction and will take bids from live bidders as well as online bidders.

Past Auction
Bidding Notice:

The live auction will begin at 10am on February 16th. This auction is a simulcast auction, meaning the auctioneer will be on location with live bidders while also accepting bids from online bidders. The auctioneer will use the online prebidding to start the auction and will take bids from live bidders as well as online bidders.

Auction Information
Name 629 Locust St. Rear, Columbia, PA Property Auction
Auctioneer
Type Live Webcast Auction
Date(s) 1/16/2019 - 2/16/2019
Auction Date/Time Info
The auction will begin at 10am on February 16th. This auction is a simulcast auction, meaning the auctioneer will be on location with live bidders while also accepting bids from online bidders. The auctioneer will use the online prebidding to start the auction and will take bids from live bidders as well as online bidders.
Preview Date/Time View this property on February 9th at 10am or call 717-879-0110 to schedule your private showing.
Checkout Date/Time A $5,000 down payment is due on the day of the auction. If the winning bid is an online bidder, they will be contacted to make payment. Settlement will be scheduled with the buyer on or before April 2, 2018
Location
Buyer Premium This auction has a 5% buyer's premium.
Description
This unique property is situated behind the CVS in Columbia. Used as a meeting space for Catholic War Vets Post 1306, it will be sold to the highest bidder at or above $20,000. With office space upstairs and food service features downstairs, this could be used as a club's meeting space or turned into a residential building. Check out the potential at 10am on February 9th at the open house or call 717-879-0110 to schedule your private showing! For your convenience, we will be taking live bids from the auction crowd as well as online bids.
By registering and bidding on the property, you are agreeing to the Terms and Conditions. This property is being offered free and clear of any liens and encumbrances with no warranties or guarantees in “As-Is” condition with all faults and defects. The sale is not subject to any contingency, including mortgage or inspection contingencies. Purchaser understands that any and all required or needed repairs, inspections, surveys, or permits are strictly and solely Purchaser’s expense and obligation. You are welcome to order an inspection prior to the auction. There is a 5% buyer's premium paid by the buyer on the winning bid. The winning bid plus the 5% buyer's premium will comprise the total purchase price. The real estate transfer taxes will be calculated on the total purchase price. The buyer pays both transfer taxes. The estimate yearly taxes for 2018 are $5,851. This is a commercial building grandfathered in as a Club/Meeting Space in a residential zoning area. Any personal property remaining on the property a settlement transfers with the real property. The property is being offered with a reserve and will be sold subject to seller’s confirmation. The winning bidder will pay a $5,000 down payment and sign the Purchase Agreement and Seller’s Property Disclosure Statement at the conclusion of the auction. The remaining balance will be paid at settlement on or before April 2nd, 2018. If the purchaser fails to comply with the terms and conditions of this auction or the purchase agreement, the seller may retain the deposit as liquidated damages, and may proceed to make a resale of the property, either at public or private sale. In order to bid on this property, a valid phone number, email address, mailing address and credit card must be registered. We will verify this information prior to allowing you to bid. We will also verify your credit card for $5,000, however you will not be charged. One of our auctioneers will contact you via phone to answer any questions you have. H.K. Keller has the right to reject any bids placed using the online bidding platform if a bidder’s phone number, email address, mailing address or credit card have not been verified or if the bidder has failed to communicate. Your bid will show as pending until you have been verified. Only the registered bidder may bid using the registered account, unless arrangements with H.K. Keller have been made. If you are an online bidder and your bid wins the property, you will be emailed payment information, a Purchase Agreement and Seller’s Property Disclosure Statement to sign electronically or to print, sign, scan and return via email. These document should be completed and returned as soon as possible. Please call us if you need assistance. Online bidders will have 24 hours to pay the down payment of $5,000 via wire transfer or cashier’s check. Although not required, if you have been working with a Realtor, please have them complete and submit the broker participation form prior to the auction starting. H.K. Keller will pay a 3% commission to a real estate brokerage securing the winning bidder. The 3% commission is calculated on the written opening bid amount on our signed Bidder/ Broker form submitted to H.K. Keller from a buyer represented by a broker prior to start of the live auction.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 49,000.00 250.00 USD
49,000.01 - 99,999.00 500.00 USD
99,999.01 - 199,999.99 1,000.00 USD
200,000.00 - 499,999.99 2,500.00 USD
500,000.00 - 999,999.00 5,000.00 USD
999,999.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium This auction has a 5% buyer's premium.
Payment Terms
The winning bidder will pay a $5,000 down payment and sign the purchase agreement at the conclusion of the auction. The remaining balance will be paid at settlement on or before April 2nd, 2019. There is a 5% buyer's premium paid by the buyer on the winning bid. The winning bid plus the 5% buyer's premium will comprise the total purchase price.
Settlement will take place on or before April 2nd, 2019.
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.