Real Estate - 3 Bed Home - Somerset PA | Live and Online Auctions on HiBid.com

340 W. FAIRVIEW STREET SOMERSET, PA 15501 BID NOW THROUGH THURSDAY, DECEMBER 16 @ 7 PM SELLING REGARDLESS OF PRICE OVER THE MINIMUM/RESERVE AMOUNT OF $30,000 BID YOUR PRICE NOW What that means: You have the opportunity to bid your price, if there is no bid yet, start it where you feel comfortable. Your bid will be placed as a max bid, the computer will do the work for you. You can raise your bid at any time leading up to the auctions end date and time. If there is a bid already when you look, no problem, simply OUTBID them by placing the next bid. That’s how it work’s, through bidding against one another is how the final price will be determined. Just watch out, they might OUTBID you, so keep checking back and watch your emails, at that point you can raise your bid and once again, OUTBID the other buyers. Then once bidding has come to an end, YOU (hopefully) WIN the bidding, so long as the bids are confirmed by the sellers, and meets any applicable reserves, it’s almost as good as yours, just pay the deposit, sign the agreement, and then close and the keys will be yours. Best of luck, and happy bidding! Registration: Please let us know if you need help bidding. To register, click the red button at the top and then the black “bid” button. You will then be prompted to register, follow the steps and then you will be able to bid. When registering to bid it may ask for a credit card, this is for verification purposes. Payment will be handled as described below. Notice: Sales agreement and escrow deposit must be completed no later than 24 hours following the auction end date and time Open House: TBD SCHEDULE A PRIVATE SHOWING contact our office by clicking the button below. Or contact your agent today. BUYERS AND AGENTS CLICK HERE TO ASK A QUESTION OR SCHEDULE A PRIVATE SHOWING Contact: Dynamic Auction Group (814)444-7777 or TEXT (814)691-1601 Deposit only required if you are the winning bidder! Guaranteeing a marketable and insurable title free and clear of liens, or the option for your deposit money back! More details and terms — keep scrolling THE HOUSE INFO Municipality: Somerset Boro School District: Somerset Area School District Area/County: Somerset County Zoning: RRE Gross Tax: $2,057.20 Contingency: NONE Sewer: Public Water: Public Acres: 1/8 +/- an acre Year Built: 1930 Squarefoot: 1,246 +/- Bedrooms: 3 Bathrooms: 1.5 Parking: on and off street Heating: Natural Gas Forced Air Yard: Fenced in back FOR THE BUYER’S AGENT Brokers/Agents welcome. Buyer Broker commission is offered to licensed real estate agents, subject to Dynamic Auction Groups broker participation terms and conditions. Buyer broker commission is a percentage of the total winning high bid amount or earned commission/buyer’s premium, paid to any agent who's buyer successfully closes on the property in accordance with Dynamic Auction Groups terms and conditions. Click the button below for details on broker participation terms or to show the property. *** IF YOU ARE WORKNG WITH A BUYERS AGENT. YOU MUST HAVE YOUR AGENT FILL OUT THE BROKER PARTICIPATION FORM AND THEY MUST MAKE THE FIRST FORM OF CONTACT WITH US AND MUST ACCOMPANY YOU THROUGHOUT ANY SHOWINGS AND THE ENTIRE BIDDING PROCESS AND CLOSING IN ORDER FOR THEM TO QUALIFY TO GET PAID THE BROKER PARTICIPATION COMMISSION. SEE AGENT REGISTRATION BELOW. IF BUYER AND AGENT ACTS IN A WAY THAT IS NOT IN ACCORDANCE WITH THESE TERMS, AGENT RISKS NOT EARNING A COMMISSION OR EARNING A REDUCED COMMISSION. BUYERS AGENTS - CLICK HERE TO REGISTER YOU AND YOUR BUYER AND TO SCHEDULE A SHOWING THE TERMS AUCTION GENERAL TERMS: Property offered "AS-IS" with no contingencies, other than the guarantee of a marketable and insurable title at the time of settlement. Cash to Seller - (Obtaining financing for payment is an option to the buyer, however it is not contingent upon securing financing. There is NO mortgage/financing contingency) Buyers Premium (BP) Applies: 10% of the high bid OR $4,000 whichever is greater. This amount will be added to the high bid amount to achieve the total purchase price. This is how the final purchase price is calculated. Example: (high bid amount, amount due at closing) $30,000 + $4,000 (buyers premium) = $34,000 (total purchase price) NON-REFUNDABLE DEPOSIT - THE ABOVE BUYERS PREMIUM AMOUNT IS THE SAME AS THE DEPOSIT AMOUNT AND IS DUE AT SIGNING - MINIMUM OF 10% OF THE HIGH BID AMOUNT OR $4,000 WHICHEVER IS GREATER IS DUE AT SIGNING: The total remaining balance is due at the time of settlement/closing. 45-60 days to close. The successful/winning online buyer must arrange with their financial institution an immediate electronic wire transfer or bank certified check for the full deposit amount if they become the successful buyer. This payment must be scheduled no later than 2PM the following banking day after the auctions end date. Real Estate Auction Sales Agreement: Upon becoming the successful/winning bidder, buyer must be available immediately following the completion of the auction or seller’s acceptance of the bid to complete and execute the no contingencies "PA - Real Estate Auction Sales Agreement", as agreed to by the buyer's registration and acceptance of the terms and conditions of this auction. This is the same agreement of sale that is attached to and part of the terms and conditions of this auction that the buyer was required to review and agree to prior to placing a bid. Please ask, and we will send a copy to you for your review. We are not responsible for your failure to review the agreement prior to making a bid. The agreement of sale may be executed either in written form or electronically through a third party electronic signature service provider. This must be executed no later than 2 PM, the immediate day after the auction date end time or seller’s acceptance of the bid. Failure to comply with these requirements and the execution of the agreement of sale does not relieve the buyer of its liability to pay in full the deposit amount as agreed to above and in the terms and conditions of this auction, buyer will be held accountable for all its actions, direct or indirect. Notice: All online bidders must be available to communicate via telephone within the 30 minutes leading up to the auction's end time. Failure to communicate with the auctioneers at their request could result in the decline of your registration and bids. Independent Legal Advice: Bidder/Buyer hereby acknowledges that it has been afforded the opportunity to obtain independent legal advice and confirms by the execution of submitting a bid that they have done so or waived their right to do so in connection with entering into this auction, and its bidding process, and its terms and conditions. ****DUE DILIGENCE: If you are a buyer that will be seeking financing or will need inspections and/or appraisals in order to purchase, please start that process as soon as possible in order to be prepared for the auction. As mentioned, there are no contingencies, including but not limited to: No financing contingency, No inspection contingency, No appraisal contingency. However, financing, inspections, and appraisals are permitted, the agreement is NOT contingent upon those items. Do your due diligence, ask questions, and be prepared to bid and buy in confidence. *Fail to comply with the terms and conditions set forth for this auction and risk being prosecuted to the fullest extent of the law.*