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LIVE AUCTION!
For sale to the highest bidder
when the bid hits $299,000!
Open Outcry AuctionTo be held:
Mon., Dec. 18 at 4:07 PM
815 6th St.
National City, CA 91950
Auction previews:
Thurs., Dec. 7, from 11am-12:30pm
Thurs., Dec. 12, from 11am-12:30pm
Sunday, Dec. 17 from 11am-1pm
Mon., Dec. 18, 1 hour before Auction
BOTH PROPERTIES ZONED COMMERCIAL!
Features:
- 519-521 Highland Ave has commercial front/home on back -
APN #556-311-03
- 815 6th St could be used as home or office/4 bds! - APN #556-311-06
TERMS:
BIDDER REGISTRATION: All prospective buyers must register to bid. A cashier’s check or certified
check payable to Pacific Auction Exchange of San Diego – Trust Account in the following amounts
will be required to bid on each property: 1) 815 6th St - $15,000 2) 519-521 Highland Ave - $20,000.
The successful bidder will be required to deposit a 10% non-refundable payment in Broker’s Trust
Account at the auction until time of closing. A 10% Buyer’s Premium will be added to the final bid and
included in the total contract price.
CLOSING: Closing will take place within thirty (30) days of the auction. A Grant Deed will be supplied
by the seller at the seller’s expense, giving marketable title subject to restrictions of record. Taxes are
prorated. Title insurance will be at the buyer’s expense.
BIDDER'S INFORMATION PACKAGE: A package of information has been assembled for each
property and includes a Preliminary Title Report, Natural Hazard Disclosure Report and other
information. Bidder’s are required to obtain and review Bidder’s Packages prior to the auction.
PROPERTY INSPECTION: Preview of the property is essential. Property is being sold in “as is,
where is” condition “with all faults, if any.” Property will be sold subject to easements, restrictions,
zoning and other matters of record. Announcements made from the podium at the time of auction
take precedence over all printed material.
PROPERTY INSPECTION: Preview of the property is essential. Property is being sold in “as is,
where is” condition “with all faults, if any.” Property will be sold subject to easements, restrictions,
zoning and other matters of record. Announcements made from the podium at the time of auction
take precedence over all printed material.
CONDUCT OF AUCTION: Conduct of auction and increments of bidding are at the discretion of
PACIFIC AUCTION EXCHANGE of SAN DIEGO. PAX of SAN DIEGO reserves the right to deny any
person admittance to the auction. Open Outcry auction will be conducted at 815 6th St, National
City, CA 91950. Broker ID #01499312 Bond #FS7011648.
BROKER PARTICIPATION INVITED: Subject to established PAX of SAN DIEGO guidelines.
Properly registered brokers are eligible for a fee of two percent (2%) of the winning bid price payable
upon closing to the broker whose prospect pays and closes on the property. Brokers must register no
later than Sunday, December 17, 2006.
AUCTION PURCHASE AGREEMENT: The winning bidder of the auction will be required
to immediately complete and sign the Pacific Auction Exchange Auction Purchase Agreement, a
copy of which is included in the bidder’s package.
NO CONTINGENCIES: Purchase of the property is NOT SUBJECT TO ANY CONTINGENCIES.
AGENCY DISCLOSURE: It is understood that PAX of SAN DIEGO is acting in the capacity of real
estate broker on behalf of the seller. The seller and PAX of SAN DIEGO have executed a listing
agreement which provides for the payment of a commission to PAX of SAN DIEGO upon the sale of
the real property.
All information in this brochure was derived from sources believed to be correct,
but is not guaranteed. ALL PROPERTY MEASUREMENTS ARE APPROXIMATE. It
is the Buyer’s responsibility to verify all property specifications prior to the
auction date. PAX of SAN DIEGO IS AN AGENT OF THE SELLER. THE
INFORMATION CONTAINED HEREIN IS FROM SOURCES BELIEVED TO BE
RELIABLE BUT BIDDER IS RESPONSIBLE FOR VERIFYING ALL FACTS.
NEITHER SELLER NOR BROKER ASSUMES LIABILITY FOR ANY
INACCURACIES. The seller reserves the right to cancel or withdraw properties
from the auction without prior notice. Property subject to prior sale.
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