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The Ticonderoga Ranch
Absolute Auction - Selling Regardless of Price
AUCTION TERMS & CONDITIONSThe Ticonderoga Ranch
Chama, New Mexico
Auction Date and Time: Friday Sept. 17, 2010 at 1:07 PM
We will auction 27 Exquisite Rocky Mountain Parcels in Chama, New Mexico, and 15 will sell ABSOLUTE – REGARDLESS OF PRICE!
(To download a printable map of parcels, please sign up to Auction Community,
then go to Info Packet, log in and click on Printable Map)
Auction Location: Auction will be Live on site at The Ticonderoga Ranch, and Online Bidding is Available – Call for Details
New Mexico Broker
United Country Northern New Mexico Real Estate
AJ Karas Auctioneers, LLC (and its employees) is not acting as a licensed broker, transaction broker or licensee but is rendering auction services only for Seller and the Broker of record Doris Serrano.
Bidders Registration: All prospective buyers must register to bid. A $10,000.00 cashier’s check or certified check payable to Chama Title Company, Inc. will be required to bid at the auction. A 10% buyer’s premium will be added to final bid and included in the total contract price. A 10% non-refundable down payment or the $10,000, whichever is greater, will be due immediately after being declared the winning bidder. The $10,000 will be immediately returned in the event the bidder is unsuccessful.
Please note: The $10,000 cashier’s check used for Bidder Registration will be applied to the down payment. If more monies are required to make up the full 10% deposit, this remainder can be paid in the form of a check made payable to Chama Title.
Online & Phone Bidding: Online & phone bidding registration must be completed 48 hours prior to the auction. Please contact our office for details.
Closing: The balance is due in cash or new loan at closing within 30 days. A General Warranty Deed will be supplied by the seller at the sellers expense giving marketable title subject to restrictions of record. Taxes & Home Owners Association fees are pro-rated. Title insurance will be at the buyer’s expense.
Bidder Information Package: A Package of information has been assembled for this property and includes: a preliminary title report, area information and a seller’s property disclosure. The Seller and New Mexico real estate broker Doris Serrano have provided all property information for subject property. AJ Karas Auctioneers, LLC has made no investigation of the information contained therein to determine its accuracy. Accordingly, no representation or warranty is made by AJ Karas Auctioneers, LLC as to its accuracy or completeness of the information contained in the Bidder Information Package.
Property Inspection: Preview of the property is essential. Property will be sold “as is, where is,” Property will be sold subject to easements, restrictions, zoning and other matters of record.
Conduct of Auction: Conduct of auction and bidding increments are at the discretion of AJ Karas Auctioneers, LLC. AJ Karas Auctioneers, LLC reserves the right to deny any person admittance to the auction.
Broker Participation Invited: A 3% Broker CO-OP is being offered by the broker of record for this auction, Doris Serrano at United Country Northern New Mexico Real Estate on behalf of the seller, to the broker that brings the successful high bidder to the Live Auction. Brokers must register their buyer 48 hours in advance subject to established AJ Karas Auctioneers, LLC guidelines.
AJ Karas Auctioneers is handling the marketing for this auction. Contact our office for more information 877-612-8494.
The seller and New Mexico broker Doris Serrano have supplied all property information for buyers review. All property measurements are approximate. All information on this website was delivered from sources believed to be correct, but not guaranteed. It is the buyer’s responsibility to verify all property specifications prior to the auction date. AJ Karas was hired by the seller for the marketing and auction service of subject property. Broker of record is Doris Serrano with United Country Northern New Mexico Real Estate. Certain of the Lots are not served by water or electricity. The Lots are being sold AS IS, with all faults. Any promises or agreements made by Seller to complete the installation of water and electricity are not confirmed or endorsed by AJ Karas Auctioneers, LLC. AJ Karas Auctioneers, LLC shall not be responsible for the consequences of Seller’s failure to install water and electricity and Bidder releases AJ Karas Auctioneers, LLC from any and all liability related thereto.
Announcements take precedence over printed materials.
Not available to residents of any state in which this real estate is not in compliance with the real estate laws or other laws of that state.
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