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Auction: November 12, 2019 Commercial Public Auction
Location: On Site
Start Date: 11/12/2019
Start Time: 10:00 am
Files: 

Description: 

RETAIL/PROFESSIONAL PROPERTY 

Tuesday, November 12th,  10:00 AM

2450 Fry Rd. Houston, TX 77084

Formerly Katy Budget Books, 8700+/-sf 2 Story Building - 2nd floor unfinished on .75+/- acres.

 
TERMS AND CONDITIONS:                    
  1. 12% Buyers Premium Added to the winning bid price to determine total contract price. 
  2. No minimum bid, final bid subject to seller's confirmation.
  3. $25,000 cashiers check made payable to Auction Escrow & Settlement is required to bid
  4. Cooperating broker participation is offered. Contact the auction company to register your client and receive the terms. Real estate agent MUST be present with client at auction.
  5. Closing &  payment: High bidder (Purchaser) must remit 10% non-refundable payment of the total contract price on auction day to Auction Escrow & Settlement. Balance to be paid at closing within 30 days. Purchaser must sign a non-contingency contract to close within 30 days of the auction date.
  6.  Seller/owner/creditor reserves the right directly or through directing the auctioneer to recover equity and/or liquidate debt by placing bids on their behalf up to or equal to a level necessary to guarantee clear title with no tax issues, liens or encumbrances.
  7. Disclaimer: Acreage and square footage dimensions are based on information provided by seller and are believed to be correct; however, purchaser &/or purchaser's agent/broker shall bear responsibility to confirm all calculations prior to the sale. Not available to residents of any state in which this real estate is not in compliance with the real estate laws of that state. All information provided or contained in a brochure was derived from sources believed to be correct are not guaranteed.

 

                   For More: 713-594-1576                                                                www.auctionsection.com

            Mark Thomas, Broker #386889/Auctioneer#13784

  

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