198 Cottage Lake Way, Columbia, SC 29209
REAL ESTATE AUCTION
3BR 2.5BA 1,490+/- sf single-family. Built in 2006. HOA: East Lake Cottages. HOA fees $135/Y.
8:00 AM Tuesday, November 2, 2010
733 S Beltline Blvd - Columbia, SC 29205 or bid live from anywhere at auctionnetwork.com
Open to the Public:
1-4pm Sun Oct 31st 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 427 26.7X90X77.6X90.1 #SU EASTLAKE COTTAGES #PR RB1078-660 County: RICHLAND, SC APN: 16311-02-37 Census Tract / Block: 116.05 / 7 Alternate APN: Township-Range-Sect: Subdivision: EAST LAKE COTTAGES Legal Book/Page: Map Reference: 16311 / Legal Lot: 427 Tract #: Legal Block: School District: 1CC Market Area: Munic/Township: CITY COLUMBIA 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.
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 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.
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.
Association Disclosure. Buyer acknowledges and understands that property is bound by the assessments and restrictions of East Lake Cottages a home owners association (William Douglas Company 803-758-1066), 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 $135.00 per year and are subject to change.