1945 Cornice Road _2133, Steamboat Springs, CO 80487
REAL ESTATE AUCTION
2BR 2BA single-family. Built in 1972. Pool. HOA: The Rockies Condominiums. HOA fees $623/M.
8:00 AM Thursday, February 17, 2011
On-Site or bid live from anywhere at auctionnetwork.com
Open to the Public:
1-4pm Sun Feb 13th 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.
Condominium Unit No. 106, Building C, The Rockies Condominiums, according to the recorded Maps thereof appearing as Routt County, Colorado, File No. 7236, as amended by File No. 7276, and the Amended Declaration thereof recorded in Book 367 at Page 449, and as amended in instrument recorded in Book 370 at Page 272, and as amended in instrument recorded in Book 397 at Page 423, and as amended in instrument recorded in Book 401 at Page 418, subject to the terms, provisions and obligations of said Condominium, County of Routt, State of Colorado. CAT Commitment - Schedule A This commitment is invalid unless the insuring Provisions and
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.
Re-Keying the Property. 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.
Title/Closing Costs. Regardless of local custom, the buyer understands and agrees that the seller will pay for the owner's title policy and that the buyer will pay all other closing/transfer costs including survey, escrow, all closing fees, and all realty transfer taxes.
Colorado Common Interest Community: The property is located within a common interest community and is subject to the declarations of The Rockies. The owner of the property will be required to be a member of the owner's association for The Rockies and will be subject to the bylaws, rules, regulations, and financial obligations of the association. Buyer agrees to assume any special assessments that may be payable in installments that are not yet due. Dues are approximately $622.98 per month and are subject to change. Unpaid dues and fees may result in liens in the property in favor of the association. Some Property modifications and improvements will require architectural review and approval by the association. Purchasers should carefully read the documents and requirements of the association prior to bidding. Documents can be obtained for a fee by contacting Mountain Resorts LLC at 970-879-3700.
Personal Property Not Included. Only title to the real estate is being conveyed. Personal property may be present, but is not included in the auction. Removal of personal property remaining on site at the time of closing is the responsibility of the Buyer.