COVID-19 ALERT: Due to the restrictions from the COVID-19 virus, we are asking that only bidders attend the live auction at our facitlity in Pasco. If you would like to make arrangments to bid via telephone on this auction, please contact Scott Musser on 509.521.3300.
Musser Bros. is pleased to bring this residential development property to market. The subject property lies in the northwest corner of West Richland and is optimally situated for future residential development.
Musser Auction Facility at 3125 Rickenbacker Drive, Pasco, WA 99301
THIS PROPERTY IS SUBJECT TO PRIOR SALE. “SOLD SUBJECT TO SELLERS APPROVAL
PROCEDURES: The property will be offered in 3 individual parcels, and in combinations. There will be open bidding on all parcels and combinations during the auction as determined by the Auctioneer. Bids on parcels, parcels combinations and the total property may compete.
BUYER’S PREMIUM: A six percent (6%) Buyer’s Premium will be added to the final bid price to determine the Total Contract Price, (Example: Such as $100,000.00 bid price plus six percent (6%) Buyer’s Premium ($6,000.00) equals $106,000.00 Total Contract price.
DOWN PAYMENT: 10% of the accepted bid price as down payment on the day of auction with the balance in cash at closing.
Your bidding is not conditional upon financing, so be sure that you have arranged financing, if needed, and are capable of paying cash at closing.
ACCEPTANCE OF BID PRICES: All successful bidders will be required to sign Purchase and Sale Agreements at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection.
NO CONTINGENCIES: YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING SO BE SURE TO HAVE ARRANGED FINANCING, IF NEEDED, AND THAT YOU ARE CAPABLE OF PAYING CASH AT CLOSING. Buyers who are unable to close because of insufficient funds will be in default and the earnest money will be forfeited.
REAL ESTATE TAXES: All real estate taxes will be prorated as of the date of closing.
POSSESSION: Possession will be given at closing.
CLOSING: The balance of the purchase price will be paid at closing in cash, collected or certified funds on or before April 30, 2020. Closing will be held in the offices of Chicago Title Company in Kennewick.
PROPERTY INSPECTION: Each potential Bidder is responsible for conducting, at their own risk, their own independent inspections, investigations, inquiries and due diligence concerning the property. Inspection dates have been scheduled and will be staffed with auction personnel. Seller and Auction Company disclaim any and all responsibility for the safety of Bidders during any physical inspection of the property. No person shall be deemed an invitee of the property by virtue of the offering of the property for sale.
ACRES & BOUNDARIES: Advertised acres are approximate and have been estimated based on tax parcel &/or GIS data and an approximate, provisional allocation between potential new tracts. Boundary lines and tract maps are approximations provided for general identification and illustration purposes. They are not intended to depict or establish authoritative boundaries or locations.
AGENCY: Musser Bros. Inc., and its representatives are the exclusive agents of the Seller.
DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase and Sale Agreement. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the Auctioneer are final.
BIDDER VERIFICATION: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Musser Bros., Inc. will reject the registration, and bidding activity will be terminated.