ABSOLUTE AUCTION - 1075+/- SF Duplex | Memphis, TN
Part of the Next Multi-Auction Event!
Selling Regardless of Price
Live On-Site Auction
Began:
Thursday, June 24, 2010 at 12:00 PM CDT
Location: 740 Hernando Rd,
Memphis,
TN
38103
Details
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1075+/- SF Duplex | MEMPHIS, TN Selling ABSOLUTE! - Regardless of Price
PROPERTY FEATURES
- Built in 1950
- Central Air and Heat
- Lot Size 88 x 93
- Needs Renovation
BID DEPOSIT
$2,500
SELLING FROM Morris Auction Group office located at: 2687 Mount Moriah Terrace Memphis, TN 38115
PROJECT MANAGER
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Jeff Morris, AARE President 901.634.1799

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Auction Terms
Bid Deposit: $2,500
No Contingencies All of our auction properties are sold in “as is” condition. No purchase shall be contingent on financing or any other contingencies. Pre-Qualified Buyers In order to bid, potential buyers must present proof of being able to pay a non-refundable Bid Deposit. Bid Deposits will be accepted in the form of cash, checks with bank letter of guarantee, or certified funds. The high bidder will pay the Bid Deposit upon signing the sales contract when the auction concludes. Buyer's Premium A buyer's premium of ten percent (10%) will be added to the high bid to determine the total purchase price. Closing The entire purchase price must be paid by Cashier's or Certified Check, or wired funds at closing. The closing shall take place not later than thirty (30) days after the auction. Broker Participation All licensed real estate brokers are encouraged to participate by bringing your buyers to the auction. A commission will be paid to the licensed and qualified broker whose properly registered buyer is the successful bidder at the auction, and whose buyer purchases the property. Brokers must register their prospective buyer on the required Broker Participation Form (completely filled out and signed). The form may be obtained by calling 901-565-7770 . This form must be submitted to Morris Auction Group no later than 24 hours prior to the Auction. Disclaimer Announcements made at the auction supersede all printed material. All information included herein was derived from sources believed to be correct, but is not guaranteed.

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