Name 1330 Cumberland Rd. Venice FL 34293
Auctioneer Vanderee Auction Company
Type Online-Only Auction
Date(s) 10/21/2020 - 10/27/2020
Oct 21 -27
Preview Date/Time Now to Oct 27th. Open every Saturday and Sunday until Oct. 27th from 1 - 4 PM
Checkout Date/Time Auction ended, Oct 27th. Closing within 30-45 days.
Location 1330 Cumberland Rd.
Venice, FL 34293
Buyer Premium 10% buyer premium.
Description
Tranquil home in South Venice to be sold at AUCTION to the highest bidder. The price in this listing is NOT a minimum or starting bid, it is merely a reference point as to the value of the house, as this house will be sold at auction. Located minutes away from Shamrock Park, Venice Island Beach Ferry and South Venice Boat Ramp! The Ferry takes you to a beautiful beach on the Gulf of Mexico. This house has plenty of room for a swimming pool and features a 1 Car garage, a screen enclosed porch on the backyard and at the front of the house. Many updates throughout the house & Stainless Steel Appliances in the kitchen. The large private backyard is perfect for entertaining with friends or just a great space for your fur babies to run and play. Just down the street from the South Venice Yacht Club, enjoy a charming ride on the South Venice Beach Assoc. ferry across the intra-coastal to the pristine beach on the Gulf of Mexico (optional membership only $145/year), or use the Association’s private boat ramp (optional fee of only $90/year). For social gatherings the South Venice Civic Association (optional membership fee of only $60/year) has meetings, seminars, workshops, dances and holiday events. Just minutes away from The Legacy Trail, Beautiful Gulf Beaches, PGA-rated Golf Courses, Shopping, Dining and Downtown Venice. Enjoy NO CDD. All offers must go through the auction bidding process. The auction opens online Oct. 21 and closes Oct. 27. There is ample time for financing, as the buyer will have 45 days to close and is welcome to close sooner.
Auction Terms & Conditions Auction Terms & Conditions 1. The successful bidder AND the back-up bidder will deposit $10,000 immediately after the auction with the title company, First International Title, where the closing shall take place. The high bidder will make a second deposit within 7 days of the auction for a total of 10% in deposit with the title company. The deposit goes towards the purchase price of the property. If the high bidder does not close within 45 days, the back up bidder will become the winning bidder and be afforded the same time to close. 2. The above deposit shall be accompanied by a non-contingent purchase agreement, a sample of which is available to review prior to auction. 3. All information and dimensions on this website and all marketing were derived from sources believed to be correct but are not guaranteed. Buyers shall rely entirely on their own information, judgement and inspection of the property and the property's records. No implied or expressed warranties shall accompany the sale of the property by the seller or the seller’s agent. 4. The properties will be sold subject to the owner’s confirmation and shall close with First International Title Company in Venice within 30 to 45 days. There are no contingencies to closing. The property is being sold “As Is”. 5. Buyer’s closing costs will include but not be limited to the following: documentary stamps on the deed, title insurance, cost of and preparation of deed, plus any and all attorney’s fees relative to the closing. 6. Free and clear title shall be given by warranty deed free and clear of any encumbrances and liens. If examination of the title commitment discloses that Seller cannot convey marketable title then Seller shall have thirty (30) days to correct the title deficiencies. If Seller cannot correct the deficiencies within thirty (30) days, Buyer shall either waive the defects and close or receive a full refund of all deposits made hereunder and the parties shall be released from all obligations. 7. All announcements in the auction take precedence over previously written or verbal statements. 8. The buyer agrees to pay an auction fee (commonly known as a buyer’s premium) in the amount of 10% of the bid price. This buyer’s premium shall be paid at closing of the title and delivery of the deed. 9. In the course of business the auction company or auction company principals can become an owner or part owner of a property that is being sold at auction. This property is owned in part or in whole by the Realtor/Auctioneers. 10. The sale is NOT subject to inspection discoveries, but is being sold “As Is”. Buyers are welcome to do an inspection before the end of the auction. Any inspections after the auction will not affect the sale or the terms. The VanDeRee Auction Company, Inc. www.vanderee.com, 941-488-1500 Licensed Realtors and Auctioneers, AU 460 AB 2924 --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% buyer premium.
Payment Terms
highest and backup bidder deposit by Check or Wiring to Escrow after Auction ending.
Closing within 45 days.