How to Participate
WHY AN AUCTION:
Grand Estates Auction Company® is pleased to announce that we have been commissioned to sell this magnificent home at auction. This allows you the incredible opportunity, on auction day only, to set the market price for this home.
Provisions can be made for those who would like to bid off-site. Please contact our office about remote bidding details.
The property is being sold "as is, where is" basis. We invite you and your experts (i.e. contractors, engineers, inspectors, surveyors, land planners etc.) to inspect the property by appointment as many times as you would like (during our viewing times and dates). We want to provide you with ample access to help you assess the available property. Please contact our Auction Information Office at (704) 529-0026 to make arrangements.
A $100,000.00 certified check made payable to the bidder, or personal check along with a bank letter of guarantee- made payable to the Escrow Agent, will be required to register to bid on the property.
A ten-percent (10%) down payment will be due immediately after being declared the buyer. The registration fee is applied against the ten-percent down payment. The balance is due in cash at closing within 30 days. A 10% buyer's premium will be added to the high bid.
Call our Auction Information Office in Charlotte, North Carolina for further details about the auction and property specifics. Open daily from 9:00 a.m. -6:00 p.m. EST, Monday through Friday. Call (704) 529-0026 Fax (704) 598-7911.
Up to a 3% commission will be paid to any properly licensed buyer broker who registers the successful buyer according to certain guidelines. Call for complete details: (800) 552-8120 or (704) 529-0026.
PROPERTY PURCHASE PACKAGE
An extensive Property Purchase Package (PPP) has been prepared to assist buyers in evaluating the property. It contains the following important information:
1. Introduction, Disclaimer and Agency Disclosure, Auction Overview
2. Description of Property, Survey, Maps & Floor Plan
3. Property Inspection Report, Homeowners Association, Bylaws, Tax Information
4. Preliminary Terms & Conditions, Specimen Purchase and Sale Agreement with Exhibits, Bidder Statement, Property Disclosures & Preliminary Title Report
5. Remote Bid Instructions, and Broker Participation & Registration
The Property Purchase Package is available at a cost of $75.00, which includes express delivery. Visa and MasterCard are accepted. To order, please call our Corporate Headquarters at (800) 552-8120.