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" For sale by Modern Method of Auction: Starting Bid Price ?95,000 plus Reservation Fee.

*** NEW INSTRUCTION *** A two bedroom, first floor flat. CALL TO ARRANGE AN EARLY VIEWING, prior to full details being issued, so as not to miss out on this wonderful opportunity.

This property is for sale by The West Midlands Property Auction powered by iam-sold.

AUCTIONEERS COMMENTS This property is for sale by the Modern Method of Auction which is not
to be confused with Traditional auction. The Modern Method of Auction
is a flexible buyer friendly method of purchase. We do not require the
purchaser to exchange contracts immediately, but grant 28 days to achieve
exchange of contracts from the date the buyer?s solicitor is in receipt of the
draft contracts and a further 28 days thereafter to complete. Allowing the
additional time to exchange on the property means interested parties can
proceed with traditional residential finance. Upon close of a successful
auction or if the vendor accepts an offer during the auction, the buyer
will be required to put down a non-refundable Reservation Fee of 3.5% plus VAT
subject to a minimum of ?5,000 plus VAT which secures the transaction
and takes the property off the market. The buyer will be required to sign an
Acknowledgment of Reservation form to confirm acceptance of terms prior
to solicitors being instructed. Copies of the Reservation form and all terms
and conditions can be found in the Legal Pack which can be downloaded
for free from the auction section of our website or requested from our
Auction Department.
Please note this property is subject to an undisclosed Reserve Price
which is generally no more than 10% in excess of the Starting Bid. Both
the Starting Bid and Reserve Price can be subject to change. Terms and
conditions apply to the Modern Method of Auction, which is operated by
The West Midlands Property Auction powered by iam-sold Ltd.
TO VIEW OR MAKE A BID ? Contact DB Roberts
or visit: http://dbroberts.iam-sold.co.uk/ "