Name Johnson St. Auction 97003
Auctioneer Stuart Realty Group, Inc.
Type Live Webcast Auction
Date(s) 2/22/2022 - 3/3/2022
3/3/2022 4pm
Preview Date/Time Feb. 18th 1-4pm Call for details and Private viewing
Checkout Date/Time 3/3/2022
Location 18025 SW Johnson St. ----- ONLINE Bidding only!
Beaverton, OR 97003
Buyer Premium Buyer's premium + High Bid = Contract $
Description
18025 and 18055 SW Johnson Street Beaverton, OR 97003 0.40 acres Zoned R-15 with 2 houses Great deveolpment potential Located in Beaverton, Oregon in Washington County, this 0.40 acres has a unique opportunity for development inside the City boundaries. Public Auction - Selling online with a Live Webcast and internet bidding at: www.StuartRealtyGroup.HiBid.com Thursday, March 3rd @ 4pm PDT Selling separately or together "bidders choice"
Auction Terms & Conditions Auction Terms & Conditions (To be attached and made a part of the Purchase Contract) BIDDER REGISTRATION: All prospective buyers must register in order to be issued a Bidder’s number and bid at the auction. Bidders will need proof of the appropriate deposit funds as stated below upon registration to bid. (digital verification) BUYER’S PREMIUM: A 10% (ten percent) Buyer’s Premium will be charged and added to the high bid in order to determine the Final Contract Price. The successful Bidder will be required to sign an Oregon Real Estate Purchase and Sale Agreement (“Purchase Contract”) and submit deposit funds on the first business day after the auction or by 2pm (PT) on March 4th 2022. DEPOSIT: A $10,000 deposit will be required for each property immediately following the auction from the successful bidder. The deposit shall be in the form of cashier’s check, or Wire Transfer for online bidders due within 22 hours of the start of the auction. Balance of the Final Contract Price is due within days from the date of the auction (April 8th, 2022). Deposit funds are non-refundable upon the seller’s acceptance. BROKER REGISTRATION: A 2.5% commission of the purchase price will be paid to the licensed Real Estate Broker whose prospect pays and closes escrow on the auction properties. To qualify for the commission, licensed agent must register and accompany their client to the auction. A Broker Registration form must be signed by Broker, their Principal Broker, and buyer and be received and acknowledged by the Auction Company Stuart Realty Group, Inc. by 6pm Wednesday, March 2nd, 2022. Registration forms may be emailed to Tim@StuartRealtyGroupInc.com or mailed via US Mail to Stuart Realty Group, Inc. ATTN: Tim Stuart, 358 NW 1st Ave, Suite 7, Canby, Oregon 97013. CLOSING: Closing will occur on or before Friday, April 8th, 2022 through First American Title Company 9200 SE Sunnybrook Blvd., Clackamas, OR 97015 Contact Angie Monize 503-659-0069 POSSESSION: Possession shall be 6pm on the 60th day after closing. 60 Rent Back with no charge to the Seller. TITLE: Standard Title Insurance and escrow closing fees apply. Title insurance will be provided by the seller insuring the title on such properties to be in fee simple, subject to no encumbrances except for current taxes and assessments, easements, right of ways, reservations, covenants, conditions, and restrictions of record. A copy of the Preliminary Title Report will beprovided prior to close of escrow. This transaction shall close in an escrow office, escrow fees to be split 50/50. Taxes will be pro-rated as to the date of closing. The highest bidder will be liable for breach of the Purchase Contract if said bidder cannot perform. PROPERTY INSPECTION: Previewing is essential. The properties are being sold in “AS IS - WHERE IS” condition, with no warranty or representation, expressed, written or implied. The sale of this properties is subject to any and all easements,restrictions, roadways, and right-of-ways of record. Potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the properties. Bidding is not contingent upon any financing or additional inspections. SELLER’S & AUCTIONEER’S DISCLAIMER: Stuart Realty Group, Inc. represent the Seller exclusively. All announcements made by the Auctioneer on auction day, shall take precedence over any previously written material or oral statements made. Conduct of the auction, increments of the bidding and decisions as to the high bidder will be at the direction and sole discretion of the Auctioneer. The information contained in the Property Information Package is believed to be accurate but is subject to the verification by all parties relying on it. Neither the Seller, Auctioneers, nor their respective agents, representatives, employees, officers, directors, nor shareholders shall be liable for any inaccuracies, errors, or omissions in the brochure or in any related document submitted or delivered in connection herewith. All acreage, dimensions, square footage, and taxes in the brochure are from public record and are deemed reliable but are not guaranteed. ONLINE & ABSENTEE BIDDING: Internet bidding will be available through the StuartRealtyGroup.HiBid.com website if you are unable to attend the live auction event and want to bid on the properties. Absentee bids will also be accepted, providing you qualify with Stuart Realty Group, Inc. 24 hours prior to the auction. All online and absentee bidders must sign an affidavit stating that they have inspected the properties prior to bidding or waive the right to do so. Properties being sold subject to the seller confirmation: Suggested starting bids of $296,070 and $268,080 SELLER RESERVES THE RIGHT TO SELL THE PROPERTIES UP TO ONE WEEK PRIOR TO THE AUCTION. Auctioneer reserves the right to change any Terms of Sale or remove any property from the auction --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 275,000.00 10,000.00 USD
275,000.01 - 300,000.00 5,000.00 USD
300,000.01 - 750,000.00 5,000.00 USD
750,000.01 - 825,000.00 5,000.00 USD
825,000.01 - 1,000,000.00 10,000.00 USD
1,000,000.01 - 1,250,000.00 10,000.00 USD
1,250,000.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium Buyer's premium + High Bid = Contract $
Payment Terms
Wired funds for the Deposit due Friday March 3rd by 2pm (PT)