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19 Building Lots - ATTENTION DEVELOPERS, INVESTORS & SINGLE LOT BUYERS
Monday, July 13, 5:30 pm Parchment, MI · Northeastern Kalamazoo County
Owner: People's Federal Savings Bank
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Contact Sales Manager:
Edward Boyer
(269) 641-7653
Request a Brochure:
Mail me this Brochure
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Tract Map - Click to enlarge
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ATTENTION DEVELOPERS, INVESTORS & SINGLE LOT BUYERS
19 Building Lots Total
18 Lots in Muirfield Estates
1 Lot on Thayer Street
In Parchment, MI City Limits
Water, Electric & Streets Already Installed
3 Blocks from Parchment High School
Excellent Northeastern Kalamazoo Location
Purchase any lot or any combination of lots!
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PROPERTY LOCATION:Inside Parchment, MI City Limits. North of I 94 at Exit 80 Sprinkle Rd. go North 5.5 mile to G Ave go West 1.6 mile to Solvel St. go North 0.3 mile.
AUCTION LOCATION:West of Property on G Ave. to Riverview Dr. go South to THE FOUNTAINS at 535 South Riverview Dr.
PROPERTY DESCRIPTION:Three blocks from Parchment High School
Water, Electric and Streets are already installed.
19 Total Building Lots
18 Lots in Muirfield Estates
1 Lot on Thayer St. Lot 142 Cooper Hill No. 4
AUCTION TERMS & CONDITIONS:
Procedure: The property will be offered in 19 individual tracts and as a total Subdivision.
Down Payment: Ten percent (10%) down payment on the day of auction with the balance in cash at closing. The down payment may be made in the form of cash, cashier's check, personal check, or corporate check. Your bidding is not conditional upon financing, so be sure 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 enter into purchase agreements at the auction site immediately following the close of the auction. Final bid price is subject to the Seller's acceptance or rejection.
Evidence of Title: Seller shall provide an owner's title insurance policy in the amount of the purchase price.
Closing: The balance of the purchase price is due at closing, which shall take place within 15 days of presentation of insurable title. Costs for an insured closing shall be shared 50:50 between Buyer(s) and Seller.
Possession: Possession of land at closing.
Real Estate Taxes: Buyer shall assume 2009 taxes.
Approvals: Sale and closing shall be contingent upon approval by Cooper Township and the proposed land division and compliance with Public Act 591, as to all parcels sold. All real estate is being sold subject to any existing easements and right-of-ways of record and without grants of further division rights under Public Act 591.
Acreage: All tract acreages, dimensions, and proposed boundaries are approximate and have been estimated based on current legal descriptions and/or aerial photos.
Survey: An existing survey will be used.
Agency: Schrader Real Estate & Auction Company, Inc. and its representatives are exclusive agents of the Seller.
Disclaimer & absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase 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 questions as to the person's credentials, fitness, etc. All decision of the Auctioneer are final.
Any announcements made the day of the sale take precedence over printed material or any other oral statements made.
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