AUCTION
TERMS AND CONDITIONS OF SALE

The following announcements supersede any prior or printed statements and will be attached to and become part of the Auction Memorandum and Real Estate Contract.

All remarks of the terms and conditions are being recorded for the benefit of all in attendance.

All prospective bidders must register and receive a bid number to bid.

Bryant Auction & Real Estate LLC has entered into a contract with the conservator, to offer for sale (with seller's confirmation) at public auction the following real property.

THE OFFERING

The subject property is a 4 bedroom 3 bath Brick home located in the desirable area of 1111 WISTERIA DR, Florence SC 29501 / as shown on Tax Map NUMBER, 900050-11-011, Records of Florence County, South Carolina.

If the purchaser wishes to have the property surveyed, or if a closing plat is required by the purchaser's lender, this will be at the expense of the purchaser.

This property does have public water & sewer.

SELLER WILL BE RESPONSIBLE FOR THE FOLLOWING COST AT CLOSING

a. General warranty deed with transfer stamps.
b. Pro-rata share of 2024 taxes at closing.

TERMS OF SALE

The above described property shall be offered "AS IS" AND subject to Seller's confirmation of the final bid immediately following auction.

An escrow deposit in the amount of 10 % of the purchase/contract price by personal or company check, cashier's check, or certified funds payable to Bryant Auction & Real Estate LLC, as escrow agent. Balance will be due and payable on or before thirty (30) days, delivered to the designated closing attorney. Time is of the essence.

BUYER'S PREMIUM

A TEN PERCENT (10 %) BUYER'S PREMIUM WILL BE ADDED TO THE HIGHEST BID FOR THE PROPERTY, TO BE PAID BY THE PURCHASER.

The buyer will select closing attorney and will notify Bryant Auction & Real Estate LLC within three (3) business days.

NOTE: THIS IS A CASH TRANSACTION; NO PURCHASE SHALL BE CONTINGENT UPON A BUYER OBTAINING FINANCING. IN ADDITION, NO PURCHASE SHALL BE CONTINGENT UPON BUYER CONFERRING OR TRANSFERRING ANOTHER PROPERTY.

TIME IS OF THE ESSENCE IN COMPLETING THIS TRANSACTION.

DEFAULT

In the event a purchaser fails to close and pay his balance when due, this may result in cancellation of the sale and buyer's premium deposit shall be retained by Bryant Auction & Real Estate LLC, Broker & Seller as liquidated damages. The second highest bidder's number will be recorded in the event the property is not closed for any reason. The second highest bidder may be contracted to submit a contract to purchase at seller's option or the property may be offered "For Sale" on the open market at the discretion of the seller of his/her agents.

If for any reason a buyer fails or refuses to deposit the required funds and execute a purchase agreement immediately after being declared the highest bidder and the sale is confirmed by the seller, the seller reserves the right to declare the bidder's rights forfeited and may resell the property.

CONDITIONS OF SALE

Title to this property will be conveyed by General Warranty Deed, free and clear of any liens or encumbrances. It will be conveyed subject to any existing right-of-way or utility easements, encroachments (if any), zoning, health department regulations, or any federal, state, city, or county laws and ordinances, and any applicable restrictions and covenants as applicable to the property in this area, all a matter of record.

This property is being OFFERED "AS IS, WHERE IS" without any warranty other than title, expressed or implied, including without limitation, any warranty as to condition, habitability, merchantability, operability, or fitness for a particular purpose or use. Any re-zoning of subject property will be at the total discretion and expense of the purchaser.

It is assumed all prospective purchasers have exercised due diligence upon inspecting the subject property and are satisfied with the condition of the real estate.

Purchaser agrees that he/she is buying the property as per the aforementioned conditions including, but not limited to environmental conditions of the property and the presence of contamination by hazardous materials or whether the property lies in any flood plain, flood way, or special flood hazard area.


PURCHASER WILL BE RESPONSIBLE FOR THE FOLLOWING COSTS AT CLOSING:

a. His or her own attorney fees.
b. All costs in regards to financing, title insurance, recording fees applicable to this transaction.
c. Pro-rata share of 2024 taxes at closing.
d. Any inspection cost.
e. Any cost for survey if required



AUCTIONEER'S/BROKER'S AGENCY DISCLOSURE

The Auctioneer/Broker is acting as agent for seller in this transaction and is to be paid a fee by the seller pursuant to a separate written agreement between seller and the auctioneer/broker. (The auctioneer/broker is not acting as agent in this transaction for the buyer.)

1. All decisions of the auctioneer are final as to the method of bidding, disputes among bidders, increments of bidding, and any other issue that may arise before, during or after the auction. Seller and auctioneer reserve the right to deny any person admittance to the auction or to expel anyone from the auction that attempts to disrupt the auction day proceedings.

2. The announcements made auction day supersede any prior oral or printed statements. The seller/auctioneer reserves the right to announce additional terms and conditions of this auction prior to or during the course of the auction. The seller reserves the right to withdraw the property prior to or during the course of the auction.

3. All bidding is open to the public and the property is offered for sale to purchasers without regard to the prospective purchaser's sex, color, religion or national origin.

Broker's participation is welcomed by signing agreement 24hrs prior to auction.
THANK YOU FOR PARTICPATING IN THIS AUCTION

It is understood and agreed that the above "Terms and Conditions" will be attached to a fully executed auction real estate purchase contract (together with all attached addenda thereto) and shall all Terms and Conditions of the sale and constitute the entire agreement between purchasers and sellers.




Signed this ______ day of _______ 2024.


Witness

Seller


Witness

Purchaser

1111 WISTERIA DR, FLORENCE SC 29501 The subject property is 4 bedrooms up stairs, 2 bath up stairs, 1 bedroom /office downstairs, 1 bath downstairs with 1 half bath located near the pool deck. Brick home located in the desirable area of Wisteria dr. Tile, carpet and wood floors throughout the home. 1111 Wisteria Dr. Florence SC 29501 / as shown on Tax Map NUMBER, 90050-11-011 Records of Florence County, South Carolina. This beautiful brick home was built in 1966, approx 3437 +/- sqft (sqft to be verified by buyer) . 2 stories with attached garage, and a charleston style double porch over looking a brick fenced back yard, and in ground pool. This home has so much to offer! 4br upstairs, 3 full baths, an office, den, dining room, living room, formal living room. formal living room and a very spacious game room as well as a beautiful large kitchen. four sets of french doors open to the outside patio/porch area over looking the pool offering the opportunity to escape the day and relax in this tranquil setting.