UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF NEW MEXICO In re: ROMAN CATHOLIC CHURCH OF THE ARCHDIOCESE OF SANTA FE, a New Mexico corporation sole, Debtor Case No.: 18-13027-t11 ELECTRONIC ONLINE REAL ESTATE AUCTION
“7 KEY POINTS TO REMEMBER”
1.) Registration is required and you must be 18 years or older, must provide full contact information with a valid credit card and must read and agree to the auction terms, conditions and bidding procedures; 2.) ALL property(s) are sold in “As Is, Where Is” condition. Photographs, location maps and displays are only approximations and approximate locations. All information is believed correct but NOT guaranteed; potential bidders must conduct their own due diligence in advance of the auction and NO post auction due diligence of any nature will be allowed; 3.) There will be a ten percent (10%) buyer’s premium added to every winning bid and included in the total contract price; 4.) Real Property Purchase Contracts are NOT subject to any financing or qualification for any financing; 5.) Within 48 hours of electronic receipt of a real property purchase agreement; all winning bidders must return signed AND make a wire transfer deposit of ten percent (10%) of the total contract price OR five hundred dollars ($500.00) whichever is greater; AND an escrow closing fee of $500 (five hundred dollars) + a sales processing fee of $250.00 (two hundred fifty dollars) for every transaction. The deposit in NON-REFUNDABLE; 6.) The balance of the total purchase price is due at closing within thirty (30) business days. Purchaser to pay recording fee, New Mexico gross receipts tax and ALL closing costs. Property(s) will be conveyed by statutory Quit Claim Deed only; 7.) Licensed and qualified New Mexico real estate brokers are eligible for a two percent (2%) commission on the winning bid price whose client successfully closes on a property / transaction; provided the agent properly registers their client on the Broker | Client registration form and returns within C.O.B. 2 business days prior to the auction ending. By registering and placing a bid, bidder agrees to ALL of the terms and conditions AND bidding procedures of the electronic online bankruptcy auction.
Prior to being authorized to bid, bidders MUST register using a credit card, with at least $1,000 credit, at our bidding site online. Upon registration our credit card system will check your credit card for available credit of $1,000. This is NOT a charge to your card. The system will authorize and capture but not charge the account. Some banks or credit card companies may place a hold, for some period, on your account. If you have any concerns about this, please ask your bank before registering to bid. SVN Gilmore Auction & Realty, SVN Auction Services and BidWrangler are not responsible for any hold that is placed on your account or card.
SVN Gilmore Auction & Realty is a National Auction Affiliate of SVN International Commercial Real Estate Advisors