15920 Rancho Tehama Rd, Corning, CA 96021
REAL ESTATE AUCTION
3BR 3BA 2,899+/- sf single-family. Built in 1988. Approx 1.87ac lot. HOA: Rancho Tehama Home Owners Association. HOA fees $35/M.
12:30 PM Wednesday, September 29, 2010
17050 Rancho Tehama Rd - Corning, CA 96021 or bid live from anywhere at auctionnetwork.com
Open to the Public:
1-4pm Sat Sep 25th and 2 hours before auction.
Nominal Opening Bid:
Note: A Buyer’s Premium (Buyer’s Fee in WI) will apply for this property. Please see Terms of Sale for details.
Legal Description: LOT 130 RANCHO TEH #2 County: TEHAMA, CA APN: 062-140-41-1 Census Tract / Block: 3.00 / 2 Alternate APN: Township-Range-Sect: Subdivision: TEHAMA RHO 02 Legal Book/Page: Map Reference: / Legal Lot: 130 Tract #: Legal Block: School District: CORNING UN Market Area: Munic/Township: Neighbor Code:
Deed Restriction Disclosure. Buyer understands property has a short term (3 month) deed restriction prohibiting the property from being sold/encumbered for more than 120% of total purchase price.
Buyer acknowledges that seller will re-key the exterior doors to the property prior to closing and funding at the buyer's expense to be paid at closing.
Regardless of local custom, the buyer understands and agrees that the seller will pay for the owner's title policy and lender's title policy (if any) and that the buyer will pay all other closing/transfer costs including survey, escrow, all closing fees, and all realty transfer taxes.
Association Disclosure. Buyer acknowledges and understands that property is bound by the assessments and restrictions of Rancho Tehama Association (530-585-2444, http://www.ranchotehama.org/), and Buyer agrees to be bound by same. Buyer agrees to assume any special assessments that may be payable in installments that are not yet due. Dues are approximately $35.00 per month and are subject to change.
Wastewater Treatment Disclosure. The Property herein has been reported to have an on-site wastewater treatment system/cesspool/septic tank. Buyer is purchasing the Property as-is, where-is with no warranties or assertions by Seller, Williams & Williams, or their agents as to the condition thereof. The Property may be subject to city/county septic inspections. Buyer agrees to comply with all requirements necessary to complete the inspection and closing, including, but not limited to, obtaining the necessary permits and making arrangements to correct any noted city/county violations at Buyers expense.
Propane Disclosure. Neither Seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition of the propane tank or location of lines that may be located on the property herein. Buyer is purchasing the Property as-is, where-is, and is responsible for all costs for any required remediation thereto. In the event the propane tank is leased, the Buyer is responsible for any and all costs/remediation required for the propane tank, assuming all lease terms, and/or negotiating a new lease agreement for use of any propane tank.
Financing Disclosure. Buyer acknowledges that property condition may adversely impact the availability of financing for said property. Buyer agrees to accept 'as is, where is' and is responsible for all costs and remediation's therein. Buyer agrees to accept with no contingencies. Buyer acknowledges that seller has no obligation or responsibility to reconnect utilities for the purpose of inspection or for any other reason. Buyer further acknowledges the seller, Williams & Williams, nor its agents make any assertions or guarantees as to the condition of said property or that utilities, plumbing, or fixtures therein will meet any financing guidelines. Buyer is encouraged to perform an independent inspection.
No Water Source Disclosure. Buyer acknowledges and understands that there is no current water source for the Property, and Buyer will be responsible for installation and maintenance of same.