BARNS & FARMS REALTY LLC AUCTIONS

1. Bids may be submitted at any time up to the designated cut-off by e-mail to info@hvreal.com or phone to 518-851-6782. Bids must be accompanied by a name, address, and phone number, which can be used for verification of bid. The time frame for bids may be extended at the sole discretion of BARNS & FARMS REALTY LLC.
   
   
2. The successful bid is the highest submitted bid, which is accepted by the Seller. The successful bidder will have 24 hours to sign a standard form Capital District sales contract which accepts the condition of the property “as is” and includes a 10% deposit. If not signed within 24 hours Barns & Farms Realty LLC may contact to the back-up bidder. At the signing of the contract the seller must provide the name of his attorney, along with phone and fax numbers, or a statement to the effect that he/she is not using an attorney.
   
   
3. Once signed by both parties, the contract copies will be faxed to the attorneys for the buyer and the seller. If either attorney objects within 72 hours the contract will be cancelled and the deposit returned. If neither attorney objects the contract shall become firm and the deposit is non-returnable.
   
   
4. Closing shall occur and the remaining payment shall be tendered 30 days after the contract is signed by both parties, Time is of the Essence. Delays by the Purchaser will result in a $100/day penalty. Failure to close will result in the forfeiture of the deposit.
   
   
5. At the Seller’s discretion a 30-day mortgage contingency may be included in the contract.

 

SUBMIT BID

For more information contact our Office Manager, Dina Macari at 518-851-6782