23 New Paltz Road, Highland, Ulster County, NY
Auction Date: Auction will open for bidding Monday, June 22 at 10AM to registered bidders. Auction bidding ends June 25 starting at 1PM.
Starting Bid $99,000. Retired Gas Station/Service Station at Gateway of Highland, NY! Gas tanks have been removed. Plenty of parking. Block building still standing but needs new roof. Has potential to become retail store, repair shop, walkway parking… The possibilities are endless!
Important Bidding Information
Click here for Property Information Packet
Click here for Internet Bidding Packet
Auction Info
23 New Paltz Road, Highland, Ulster County, NY
Auction Date: Auction will open for bidding Monday, June 22 at 10AM to registered bidders. Auction bidding ends June 25 starting at 1PM.
Starting Bid $99,000. Retired Gas Station/Service Station at Gateway of Highland, NY! Gas tanks have been removed. Plenty of parking. Block building still standing but needs new roof. Has potential to become retail store, repair shop, walkway parking… The possibilities are endless!
Important Bidding Information
Click here for Property Information Packet
Click here for Internet Bidding Packet
Categories:
Terms And Conditions
TERMS AND CONDITIONS OF BIDDING AND PURCHASE FOR NY REAL ESTATE AT ONLINE AUCTION
1. REGISTRATION. ALL BIDDERS ARE REQUIRED TO REGISTER PRIOR TO THE AUCTION AT WWW.AARBIDS.COM, COMPLETE AN 'INTERNET BIDDING PACKET', TENDER A DEPOSIT OF $5,000 IN CASH, WIRE TRANSFER OR GUARANTEED FUNDS MADE PAYABLE TO - ABSOLUTE AUCTIONS & REALTY, INC. AND DELIVER/MAIL TO ABSOLUTE AUCTION CENTER, 45 SOUTH AVE., P.O. BOX 1739, PLEASANT VALLEY, NY. IN THE EVENT OF A SUCCESSFUL BID, BIDDER APPROVES APPLYING SAID FUNDS TOWARD THE 10% BUYER'S PREMIUM DOWNPAYMENT. AUCTIONEER RESERVES THE RIGHT TO DECLINE REGISTRATION IF FORMS ARE NOT COMPLETED. DEPOSIT WILL BE REFUNDED TO UNSUCCESSFUL BIDDERS. FAILURE TO POST THE $5,000 DEPOSIT BY 4PM E.S.T. THE DAY PRIOR TO THE AUCTION WILL RESULT IN BIDDERS NOT BEING APPROVED TO BID.
3. BUYER'S
PREMIUM.
10% BUYERS PREMIUM SHALL BE ADDED TO THE TOP BID TO BECOME PART OF THE PURCHASE
PRICE. BUYER'S PREMIUM DEFINITION: THE BUYER'S PREMIUM IS THAT PORTION OF THE
COMMISSION(S) WHICH IS/ARE BEING PAID BY THE BUYER. IT IS CLEARLY UNDERSTOOD AND
AGREED BY BOTH BUYER AND SELLER THAT THE AUCTIONEER AND BROKER REPRESENT THE
SELLER ONLY. THE FULL BUYER'S PREMIUM IS DUE NO LATER THAN 4:00 PM ON THE NEXT
BUSINESS DAY FOLLOWING THE AUCTION, THE SUCCESSFUL BIDDER SHALL DELIVER, BY WIRE
TRANSFER, OR GUARANTEED FUNDS ACCEPTABLE TO AUCTIONEER/BROKER, THE BALANCE OF
THE TEN PERCENT (10%) OF THE BID PRICE. SAID DOWNPAYMENT FUNDS SHALL BE PAYABLE
TO ABSOLUTE AUCTIONS & REALTY, AND DEPOSITED IN AN ACCOUNT
DESIGNATED BY ABSOLUTE AUCTIONS & REALTY, FOR PRESERVATION OF
SAID FUNDS. FAILURE TO FUND SAID DOWNPAYMENT SHALL CONSTITUTE IMMEDIATE DEFAULT
BY THE HIGH BIDDER.
5. BACK UP BIDDER:
THE BACK UP BIDDER AGREES THAT HIS/HER BID SHALL BE KEPT OPEN UNTIL SUCH TIME AS
THE BUYER'S PREMIUM HAS BEEN PROVIDED TO AUCTIONEER/BROKER BY THE HIGH BIDDER.
IN THE EVENT THE HIGH BIDDER FAILS TO PROVIDE THE BUYER'S PREMIUM, THE BACKUP
BIDDER SHALL BECOME THE HIGH BIDDER AND SHALL BE OBLIGED TO PROVIDE THE FUNDS
SET FORTH HEREIN, BY FOUR PM THE FOLLOWING BUSINESS DAY, UPON NOTIFICATION BY
ANY MEANS THAT HE OR SHE IS NOW THE SUCCESSFUL BIDDER.
10. PRIVACY OF AUCTION. THE AUCTION IS A PRIVATELY CONDUCTED EVENT, NOT
OPEN TO THE PUBLIC AND AS SUCH, AUCTIONEER/BROKER RESERVES THE RIGHT TO REFUSE
ADMITTANCE TO ANY PERSON.
15. BIDDERS AGREE THAT PARCELS MAY BE OFFERED INDIVIDUALLY OR IN COMBINATIONS. |