Name Black Lake Olympia, WA Real Estate
Auctioneer Stuart Realty Group, Inc.
Type Live Webcast Auction
Date(s) 6/13/2022 - 6/22/2022
June 22nd @ 3pm with selcted items of personal property Personal Property begins closing at 7pm June 22nd
Preview Date/Time June 12th 1-4pm June 18th 1-4pm
Checkout Date/Time June 23rd 10am-6pm Thursday June 24th 10am-4pm Friday
Location 4519 Black Lake Blvd.
Olympia, WA 98512
Buyer Premium Buyer's premium + High Bid = Contract $
Description
Absolute Auction for this property located off of Black Lake Blvd. this home & property will be selling at auction to the "highest bidder; regardless of price"! Great work from home set up and location. Heated garage floor and lots of area to work on cars. 1 bedroom, 1 and 1/2 baths Great building site (75' above the lake) on upper landing area. Heated floor in one and a cooled room in another shop. Listed price, is the County's Total Tax Value. Black Lake has 574 acres of water sports, fishing, and recreation. Selling by "Absolute Auction" (sells to the highest bidder regardless of price) on Sunday June 22nd @ 3pm auction previews Sunday, June 12th and Saturday, June 18th 1-4pm Terms & Conditions on auction website, Buyers Premium 10%, register to bid early. Carriage House sqft may include garage, shops are 336sf and 480 sf
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 a Washington Real Estate Purchase and Sale Agreement (“Purchase Contract”) and submit deposit funds on the first business day after the auction or by 2pm (PT) {June 23rd, 2022}. DEPOSIT: Proof that you can and will make $10,000 deposit will be required to bid on the property at auction. The deposit shall be in the form of cashier’s check, or Wire Transfer for online bidders, due within 25 hours or by 2pm June 23rd 2022 . Balance of the Final Contract Price is due within 35 days from the date of the auction July 28th 2022. Deposit funds are non-refundable upon seller’s acceptance. The Deposit is meant to be for the Real Estate only, not the vehicles or the game mounts. BROKER REGISTRATION: A 2.5% commission of the Purchase price will be paid to a licensed Real Estate Broker whose prospect pays and closes escrow on the auction property. To qualify for the commission, licensed agent must register and accompany their client to the previews and auction. A Broker Registration form must be signed by agent, Principal broker and prospect and be received and acknowledged by Stuart Realty Group, Inc. by 6pm Tuesday, June 21st, 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 Thursday, July 28th 2022 or as soon as title can be provided through First American Title Company 673 Woodland Square Loop SE, Ste 407 Lacey, WA 98503 POSSESSION: Possession shall be 6pm on the date of closing. TITLE: Standard Title Insurance and escrow closing fees apply. Title insurance will be provided by the seller insuring the title on such property and will provide a Statutory warranty deed, 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 be provided prior to close of escrow. This transaction shall close in an escrow office, escrow fees to be split 50/50. Taxes will be prorated 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 property is being sold in “AS IS - WHERE IS” condition, with no warranty or representation, expressed, written or implied. The sale of this property 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. All properties are available for and subject to prior sale up to one week prior to the auction. ONLINE & ABSENTEE BIDDING: Internet bidding will be available through the StuartRealtyGroup.HiBid.com website if you aren’t able to bid online for the property, 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 property prior to bidding or waive the right to do so. AUCTION PROPERTY SELLING: Property is selling by Absolute Auction, Sold to the highest bieeder; regardless of price. Auctioneer reserves the right to change any Terms of Sale or remove 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 - 22.50 2.50 USD
22.51 - 95.00 5.00 USD
95.01 - 190.00 10.00 USD
190.01 - 975.00 25.00 USD
975.01 - 2,000.00 50.00 USD
2,000.01 - 9,900.00 100.00 USD
9,900.01 - 50,000.00 500.00 USD
50,000.01 - 95,000.00 500.00 USD
95,000.01 - 9,999,999.99 5,000.00 USD
Currency USD
Buyer Premium Buyer's premium + High Bid = Contract $
Payment Terms
Wired funds for the Deposit due Thursday June 23rd by 2pm (PDT)
Local Pick up only Call for details on any shipping questions (503-680-4959)