Online Only Auction
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Shipping Not Available
Date(s)
8/9/2022 - 8/29/2022
Bidding Notice:

Please note that all bids are legal and binding. Please make sure that you have the funds available prior to bidding on this property.


Information
Lot # 3
Group - Category Antiques & Collectibles - Collectibles - Advertising
Lead Tie bid information-Click here
Description
In the case of a tie bid, the auction software will give the winning bid to the first bidder. If someone bids $100 and a second bidder bids $100 then the tie bid will go to the first bidder and the second bidder will be shown an outbid status even though the bid is currently $100. Don't assume you are the high bidder, make sure your border is green and shows you as the current top bidder
Name 6 N Cummings Ave, Silver Springs Real Estate Auction
Auctioneer
Type Online-Only Auction
Date(s) 8/9/2022 - 8/29/2022
Auction Date/Time Info
Auction will begin closing at 7pm on Monday August 29th. Soft Close Auction
Preview Date/Time No Preview Dates for this property
Checkout Date/Time Contracts must be signed along with a $1000 non refundable deposit by Tuesday August 30th at 5pm.
Location
Buyer Premium 3% discount for cash or check
Description
There will be no open house for safety purposes. Potential Buyers must use their own desecration while bidding The buiding is full of personal property and the roof is in need of repair. This building is described as 6 North Cummings Ave, Silver Springs, NY 14550 (Route 19). The property was previously known as "Poor Boys" Bar and Restaurant.. The first floor of building has 2471 square feet plus basement and bath. The total property includes 8,778 square feet with the parking lot. Utilities includes Silver Springs electric, natural gas? and septic system (needs repair). The property use is presently zoned as storage. The property is presently assessed at $31,000.00. This Property will be sold in "As-Is" condition to the highest bidder. Property will be sold Absolute to the highest bidder with a starting bid of $500.00 and a 10% Buyer Premium ($750.00 minimum.) The Seller will provide good and clear title and updated Abstract for the property. There are NO liens against the property and all taxes are paid to the date of closing. The building is in need of repair and updates as well as the water line and septic system. The building must be brought to code prior to Buyer use. The building is loaded with personal property which will be included with the purchase price. The Seller will not remove any of the contents before or after the purchase is completed. Property Sells to the highest bidder! Winning bidder must sign the purchase contract and make the required deposit or full payment for the property by Aug. 30th 5pm. Checks must be made out to Bid-N-Buy Realty & Auctions. Closing will take place just as quick as the Buyers Attorney can close.
This Property will be sold in "As-Is" condition to the highest bidder with a starting bid of $500.00 and a 10% Buyer Premium ($750.00 minimum.) The Seller will provide good and clear title and updated Abstract for the property. There are NO liens against the property and all taxes are paid to the date of closing. The building is in need of repair and updates as well as the water line and septic system. The building must be brought to code prior to Buyer use. The building is loaded with personal property which will be included with the purchase price. The Seller will not remove any of the contents before or after the contract is completed. There will be no open house for safety purposes as the buiding is full and the roof is falling in on the back portion. Property Sells to the highest bidder! Winning bidder must sign the purchase contract make payment for the property. Checks must be made out to Bid-N-Buy Realty & Aucttions. Closing will take place just as quick as the Buyers Attorney can close.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 100.00 USD
Currency USD
Buyer Premium 3% discount for cash or check
Payment Terms
Winning Bidder must come to Bid-N-Buy Realty & Auction's office locthated at 5893 School Rd. Castile, NY 14427 to sign contracts and make full payment if less thatn $5,000.00 by Tuesday August 30 by 5:00 PM. If you are not able to complete these tasks please call our office PRIOR to bidding. 585-493-5837
No shipping is offered. This is a real estate parcel
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.