5+ ACRE WATERFRONT DEVELOPMENT SITE BANKRUPTCY AUCTION

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Listing Information

5+ ACRE WATERFRONT DEVELOPMENT SITE BANKRUPTCY AUCTION

Prime Location on Main Thoroughfare in College Town 450' Frontage on Lake Hartwell

Price: Not Specified

Other Item Info
Item #: scbke_235261
Created: 06/11/2012
Sale Location: Clemson, South Carolina
Sale Date: Wed. Jul 18, 2012
Links: http://www.maltzauctions.com/auction_detail.php?id=180670
Seller Info
Richard Maltz
Debtor
39 Windsor Place
Central Islip, NY 11722
516.349.7022
Bankruptcy Info
Case #: 3:11-bk-07028
Case Title: Clemson Grande Lakefront Condominiums, LLC
Court: South Carolina Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents

Additional Details

Inspections/Viewings:  Available Upon Request.

Auction Date & Time: Wednesday, July 18th at 11:00 am.  Registration begins at 10:00 am.

Auction Location:  University Inn & Conference Center, 1310 Tiger Boulevard, Clemson, SC 29631. Telephonic bidding available w/ prior registration.

 



Other Information

Terms and Conditions:

Property will be sold free and clear of all liens, claims & encumbrances.  In order to register to bid, all prospective bidders must present a bank check in the amount of $200,000 made payable to "Stodghill Escrow Account".  Please download the complete Terms and Conditions of Sale (available shortly). 

Buyer's Premium:  A six percent (6%) Buyer's Premium will be added to the Successful Bidder's high bid to determine the contract price to be paid by the Successful Bidder.

Buyer Broker Participation:  A two percent (2%) commission will be paid to any properly licensed Buyer Broker who registers a successful buyer in accordance with the Buyer Broker guidelines.  Please download the Broker Participation form for details.
 

Stodghill Law Firm Chartered, Attorneys for the Chapter 11 Debtor & Debtor in Possession
David R. Maltz, Auctioneer DCA# 762794
 Richard B. Maltz, Auctioneer DCA# 1240836
Phone (516) 349-7022  Fax (516) 349-0105

The Debtors, Attorney for the Debtors and the Auctioneer/Broker do not guarantee the accuracy of any of the descriptions or any other information pertaining to the sale of this property.  The information contained herein was derived from sources deemed reliable, but is not guaranteed.  Most of the information provided has been obtained from third party sources and has not been independently verified. All prospective bidders are urged to conduct their own due diligence prior to participating in the Public Auction.  Bid rigging is illegal and suspected violations will be reported to the Department of Justice for investigation and prosecution.

 


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