AUCTION FORMAT:

All bidding is open and public. To bid at the Auction you need to raise your bid card, hand, or shout out your bid or instruct an Auctioneer’s Assistant to call out your bid for you.

 BIDDER REGISTRATION: 

All prospective bidders will be required to register prior to Bidding at the Auction. To register at the auction a Photo ID Issued by a Government Agency  ( Driver’s License, Passport, Etc.) is Required. All Bidders are encouraged to arrive at the auction 30 minutes early for sufficient time to register and ask any last minute questions.

 AUCTION DEPOSIT:

A 10% non-refundable deposit by (Certified Funds ) of the final sale price will be due immediately after being declared the winning bidder.

NO CONTINGENCY:

There shall be No Contingency on Financing, Inspections, or Appraisal, CIC, or property conditions. 

Property selling “As-Is, Where-Is” with no warranties from the Auction company

CLOSE OF  ESCROW:

This auction is a Cash, As-Is Sale.The COE shall be 30 days from the Auction date. The balance of the contract is due in cash on or before 30 days from auction date. Financing (if any) shall be completed within the 30 day period.

INSPECTIONS:

All inspections must be completed prior to Auction date. Bidder’s are encouraged to carefully inspect the property and all available information relating thereto.

AUCTION TYPE:

This Auction is a “Published Reserve Auction”   

MacDonald Highlands Auction

 Live Auction held at the DragonRidge Country Club,  Henderson, Nevada 89002

INFORMATION PACKAGE: 

 An Extensive Property  Information Package has been prepared to assist the buyers in evaluating this property.

 The package are available at: Auction One Las Vegas

BROKER PARTICIPATION:



If the client of the Broker/Realtor is the high bidder for the property listed herein, execute the sales contract, such bid is accepted by the seller and there is a close of escrow on such sales contract, then the Broker/Realtor shall receive 3% of the final sales price at close of escrow.

To qualify for the referral fee, the Broker/Realtor must;

(a) be a licensed real estate broker who will abide by the Association of Realtors Code of Ethics.    

(b) register the Client prior to the Auction Date and confirm the buyer-broker agreement (Registration) with the Auctioneer.

(c) inspect the property with their Client.

(d) attend the Auction with the Client.

(e) Each participating broker must bring their written acknowledged Registration to the Auction for verification. No broker will be recognized on a Client who has previously contacted or been contacted by the Seller, their representatives or Auctioneer.  No sub agency shall be offered to any broker by Auctioneer. There can be no exceptions to this procedure and no oral Registrations will be accepted. 

BUYER’S PREMIUM:  

This sale of each property at Auction will provide that the Purchaser pay to the seller as part of the total purchase price a Buyers Premium equal to 10% of the high bid. The Buyer’s Premium will be added to the high bid to determine the Total Purchase Price.

Financing (if any) is calculated on the total purchase price.

DISCLAIMER:

Information Contained herein is subject to inspection and verification by all parties relying on it prior to auction. This sale is being conducted subject to the Terms of Sale. No liability for its inaccuracy, errors or omissions is assumed by the seller or broker/auctioneer. All Acreage, Square Footage and Dimensions are approximate. This offering may be withdrawn, modified or canceled without notice at any time. This is not a solicitation or offering to residents of any state or jurisdiction where prohibited by law

AGENCY DISCLOSURE: 

Auction One Las Vegas, Greg Harelson, Nevada Real Estate Broker (“Brokers / Auctioneer (s)”) and all parties associated with Brokers / Auctioneers,and MacDonald Highlands Realty Co-Broker, represent the Seller in this sale. Buyer (s) and Buyers Agent hereby understands that Auction One Las Vegas acts exclusively as a Seller’s Broker/Agent in conducting all of our Real Estate Auctions.

CONDUCT OF THE AUCTION:

Neither Seller, nor Auctioneer is permitted to bid at the auction. The Auction is open to registered bidders and invited guests. In the event of a dispute between bidders, the Auctioneer shall make the final decision to accept the final bid, to re-offer and re-sale the property, or to remove the property from the auction. If any disputes should arise during or following the Auction, the Auctioneer records shall be conclusive. 

Video Record: 

 The Auctioneers record shall be from Video and audio recording day of Auction.

MacDonald Highlands Information Center is located at 1730 West Horizon Ridge Parkway.Travel along I-215 to Valle Verde. Exit south on Valle Verde to Horzon Ridge Parkway. Auction Will be conducted Live within MacDonald Highlands at DragonRidge Country Club.