Please contact the Auction Information Center for further details regarding the auction and the property.
800.558.5464
Fax: 256.546.3311
www.jpking.com
AUCTION REGISTRATION and SALE SITE
A cashier's check in the amount of $2,500.00 per unit (made payable to the bidder) will be required to register to bid. Registration begins at 9:30 A.M. (Central Time) The sale begins at 11:00 P.M. (Central Time)
The auction will take place at the Hyatt Regency Austin in the Texas Ballroom:
Located at:
208 Barton Springs Road, Austin, TX 78704.
Phone: (512) 477-1234 (refer to directions to sale site)
PROPERTY PREVIEW
An auction representative will be available beginning Thursday, August 6th through auction day 10:00 A.M. until 6:00 P.M. You may contact the J. P. King Auction representative directly at 256.504.3178 during these designated dates.
BUYER BROKER PARTICIPATION
Up to a 2% commission will be paid to any properly licensed Buyer’s Broker who registers a successful Buyer according to the Broker Participation Guidelines. Broker registration forms are available online at www.jpking.com. Forms must be completed and returned no later than 48 hours prior to the auction.
AUCTION FINANCING
Special Auction Financing up to 90% is available. Please contact the Auction Information Center for more information.
BUYER'S PREMIUM
A ten-percent (10%) Buyer's Premium will be added to the winning bid price to arrive at the total contract price paid by the Buyer.
TERMS
A ten-percent (10%) down payment will be due immediately after being declared the Buyer. The balance is due in cash at closing within 30 days.
DIRECTIONS TO PROERTY AND SALE SITE
DIRECTIONS TO PROPERTY
From I-35: Take exit 234 to Riverside Drive and travel 2.5 miles west to South Lamar Blvd (TX-343). Turn left onto South Lamar Blvd and travel 1.1 miles. The Sage Condominiums will be on your right.
DIRECTIONS TO THE SALE SITE AT THE HYATT REGENCY AUSTIN
From I-35: Take exit #233(Riverside) and turn right at the traffic light onto Riverside Drive and travel 1.5 miles. Turn right onto Barton Springs road and travel 200 feet. The entrance to the hotel is on your left-hand side. Once you enter the main doors to the Hyatt proceed up the escalator and the Texas Ballroom is located on your right-hand side
