PRE AUCTION BIDS DUE NOW THRU DECEMBER 31ST 2024 NOON PT
AUCTION FINAL BID DUE PRIOR TO OR NO JANUARY 9TH, 2025 NOON PT
STARTING BID $50,000

PRE AUCTION OFFERS:
• Pre auction offers may be submitted on a standard CAR purchase contract.
• Pre Auction offers may have any contingency a buyer requests.
• The buyer’s offer is accepted by the seller and the buyer closes on the purchase of the property no later than December 31, 2024 noon PT OR
• The Buyer’s contingencies are removed no later than December 31 , 2024, their deposit becomes non-refundable and is released to the Seller.
• No exceptions to the date deadlines will be allowed.
• The Buyer must provide a 10% deposit with their offer, proof of funds to close the purchase and lender approval letter (if applicable).

AUCTION DATE: BIDS DUE ON JANUARY 9TH, 2025 NOON PT
• Your Sealed bid must be submitted on the Braun Worldbid Sealed Bid auction purchase contract.
• Qualifying bids are due on JANUARY 9th, 2025 Noon PT and must be emailed mmische@braunco.com or mailed to 438 Pacific Coast Highway,
Hermosa Beach, CA 90254.
• Final round bids: The top 50% bids (by price) of the qualifying round bids received, those bidders will be notified by 4pm JANUARY 9th, 2025, they are
approved to submit their Final round bid.
• The Final round bids are due on JANUARY 10th Noon PT.
• The qualifying and Final round bids must be submitted on the Braun Worldbid Sealed Bid auction purchase contract.
• Escrow Shall close no later than JANUARY 25th 2025.
• The Sealed Bid auction purchase is available at BraunWorldbid.com (under this property tab)
• Auction day bids are completely non contingent

AUCTION BIDDING REGISTRATION REQUIREMENTS:
• Proof of funds in the amount of the bid in the name of the buyer.
• Contact Braun Worldbid for wiring instructions.
• A 10% deposit is required within 48 hours of bid acceptance.
• A 2% commission will be paid to the real estate agent/broker who registers and represents the buyer who purchases the property.
• A 7% buyer’s premium will be paid by the buyer.
• The property will be conveyed free and clear of liens and encumbrances save and except for the permitted exceptions which may include any existing easements, rights of way, prescriptive rights whether of record or not, recorded existing restrictions, covenants, conditions, oil and gas leases, mineral interests, water interests outstanding in person other than Seller and other instrument, other than conveyances of the surface fee estate that affect the property, validly existing rights of adjoining owners in any walls and fences situated on a common boundary, any discrepancies, conflicts, or shortage in area or boundary lines, any encroachments or overlapping of improvements, all right, obligations and other matters arising from existing by reason of any applicable governmental district, agency or authority, any liens as to which the title insurer shall provide coverage under the terms of its policy, including special endorsements and current taxes will be pro-rated as of the date of closing.