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ONLINE ONLY
AUCTION
COASTAL NORTH EAST FLORIDA REAL ESTATE
Court Ordered Auction!
3105 S. Fletcher Avenue
Fernandina Beach, FL
Online Bidding
Begins: Tuesday, August 26th at 2:00 p.m.
Ends: Tuesday, September 9th at 2:00 p.m.
Property #081493
Auctioneers Note: This is an excellent piece of coastal property located in Fernandina Beach, Florida. After two generations of family ownership, the property is being offered at auction to the highest bidder with the proceeds going to the American Cancer Society as dictated by the will of the deceased. This is a great opportunity to purchase valuable coastal real estate and benefit one of Americas most important charitable organizations at the same time. Good luck with your bidding!
- Excellent Investment Opportunity
- 2 Story Home, Approximately 1,560 Sq. Ft.
- Ocean Views
In Cooperation With:
Steven Traver
Amelia Island Properties, Inc.
319 Centre Street
Fernandina Beach, Florida 32034
904-415-1053
Click Here for More Information Photos!
Purchase and Sale Contract: This property is offered under the specific terms provided in the contract. The contract is available at www.rowellauctions.com. Please read and review the contract thoroughly prior to bidding on any property. If you have not read and reviewed the Purchase and Sale Contract Do Not Bid.
Auction End Times: All Rowell Online Only Real Estate Auctions are timed events. Auctions with multiple properties have staggered end times with 10 minutes between each ending.
Example: An auction scheduled to end at 2:00 p.m. will close the first property at 2:00 p.m., the second at 2:10 p.m., etc. Rowell Online Only Real Estate Auctions also have an auto extend feature. Any bid placed within 10 minutes of the auction ending will automatically extend the auction for 10 minutes from the time the bid is placed. Example, if an auction scheduled to end at 2:00 p.m. receives a bid at 1:59 p.m., the close time of the auction automatically extends to 2:09 p.m. The auto-extend feature remains active until no further bids are received within the 10 minute time frame.
Terms: At the close of the auction, successful bidders will be emailed a contract to be executed and returned to Rowell Auctions. Successful bidders will deposit $10,000.00 in the form of cashiers check or wire transfer with Rowell Realty Auction Co. Inc. The entirety of the remaining balance is due at closing on or before Thursday, October 9, 2008. Purchaser shall be responsible for all wire transfer fees.
A 10% buyers premium will be added to the bid price to determine the final contract price.
Buyers Premium Example:
Bid Price: $100,000
Plus 10% Buyers Premium: $10,000
Total Contract Price: $110,000
Contract Documents will be sent by e-mail to the successful bidder, who must execute and fax or email back to Rowell Auctions within 24 hours of the end of the auction.
Successful bidders not executing and returning their contract with earnest money deposit within 24 hours of the conclusion of the auction will be considered in default.
Auction Bid Default: In the event a winning bidder fails to submit the signed Contract for Sale of Real Property and $10,000 earnest money deposit as provided in the pre-stipulated Auction Terms, the winning bidder will be charged a penalty fee of $1,000.00 on the credit card provided at auction registration. Additional default remedies are reserved by Rowell Realty Auction Co., Inc. and the Seller as provided in the Auction Terms Conditions and the Contract for Sale of Real Property.
Bidder Verification: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Rowell Auctions will reject the registration, and bidding activity will be terminated.
Closings: Time being of the essence, these sales shall be closed on or before Thursday, October 9, 2008. The seller will pay for preparation of the deed of conveyance, all ad valorem taxes up to the date of closing and the owners title insurance. The purchaser will pay all other closing costs associated with this sale including, but not limited to, $400.00 survey cost.
Open House: A representative of Rowell Realty Auction Co., Inc. will be on the property Saturday, August 30th from 1:00 p.m. until 4:00 p.m. Please contact Steven Traver, Amelia Island Properties, Inc., 319 Centre Street, Fernandina Beach, Florida 32034, 904-415-1053 to arrange a private showing.
Broker Participation: A two percent (2%) bid price commission is available to properly registered brokers. A required broker participation from with complete instructions is available at www.rowellauctions.com. Please review the form for eligibility.
Agency Disclosure: In all transactions, Rowell Realty Auction Co., Inc. is acting as agent for the seller, not as buyers agent.
Disclaimer: All information contained herein is believed to be correct to the best of the Rowell Realty Auction Co., Inc. knowledge. The information is being furnished to bidders for the bidders convenience and it is the responsibility of the bidder to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipients risk. Each bidder must conduct and rely solely upon their own investigation and inspection. The property is being sold AS IS with any and all faults. Please review all information supplied and seek appropriate assistance prior to bidding. Note: Under Title X, the purchaser of a single family residence built before 1978 has a maximum of 10 days to inspect the property for the presence of lead-based paint. The period for the inspection begins August 29 through September 8, 2008. All bidders must sign a waiver of the 10 day post sale inspection period.
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