Description

ESTATE ORDERED ONLINE REAL ESTATE AUCTION

$450,000 STARTING BID

15736 E YUCCA DR, FOUNTAIN HILLS, AZ 85268

2-BED+DEN / 2-BATH / 2-CAR GARAGE / POOL 

SUNRIDGE CANYON SUBDIVISION

United Country Real Estate – Arizona Property & Auction and The Larsen Company Real Estate & Auction are ordered by the CREMONESE FAMILY TRUST to offer for sale at Online Auction, 15736 E YUCCA DR, FOUNTAIN HILLS, AZ 85268.  Don’t miss this exciting opportunity to bid on a 2-bedroom+den, 2-bathroom, 2-car garage home with private pool in the desirable SUNRIDGE CANYON subdivision in Fountain Hills, Arizona.  The home is just waiting for its new owners to make updates to be move-in ready.  House needs some TLC.  

When is the Auction?  Online bidding for the REAL ESTATE closes Thursday, July 21, 2022 at 6:00 PM.

Where is the House?  15736 E YUCCA DR, FOUNTAIN HILLS, AZ 85268

How do I Bid?   Visit AZEstateBid.com and click on the “Bidding Open” link to register as an online bidder. 

Directions:  From the intersection of the Beeline Highway 87 and Shea Blvd – go west on Shea Blvd, the north (right) on Palisades Blvd, then left on Golden Eagle Blvd, then left on Desert Canyon Dr, then left on Sundown Dr, then left on Yucca Dr to the property.  Look for the auction signage.

PROPERTY DETAILS:

Address:  15736 E YUCCA DR, FOUNTAIN HILLS, AZ 85268

Beds/Baths:  2 Bedrooms+Den, 2 Bathrooms

House Size: 1,838 +/- Total Interior Sq Ft

Lot Size:   0.13 Acres (5,654 SqFt)

Maricopa County Parcel #: 176-18-087

Property Taxes:   $2,034 (Tax Year 2021)

Subdivision:  Sunrdige Canyon, Lot #10

Homeowner Association: $171 Quarterly

Year Built:   1997

Pool/Spa:  Private Pool, No Spa

Construction: Wood Frame, Painted Stucco, Tile Roof

PROPERTY PREVIEW AND INSPECTION:  The property is open for public preview and inspection (“open house”) on WEDNESDAY, JULY 13 + JULY 20 from 2:00 to 5:00 PM.  Realtors can schedule client showings through ShowingTime.

SALE TERMS:  No registration fee to bid.  All bidding is done online through AZEstateBid.com.  A 5% Buyer’s Premium (auction fee) will be added to the high bid to determine the purchase price.  A non-refundable earnest money deposit of 10% of the purchase price with the balance due at closing within 30 days.  The property is sold “as-is” and subject to estate approval of the bid.  The seller guarantees a clear title of liens and mortgages with title insurance provided.  The seller reserves the right to withdraw the property, postpone, or cancel the auction prior to the sale.  All announcements made on the day of sale take precedence over all previous advertising.  All information is from reliable sources. However, the auctioneer/broker does not accept responsibility for the information presented as it is the buyer’s responsibility to verify all information.

Property information, disclosures, inspections, auction terms, and registration info available for download at AZEstateBid.com.

QUESTIONS?  Contact Arizona Brokers and Auctioneers, John Payne (480-422-6800) at United Country Real Estate – Arizona Property & Auction…OR…Stewart Larsen (480-844-1221) at The Larsen Company Real Estate and Auction.

REAL ESTATE AUCTION TERMS & CONDITIONS OF SALE

United Country Real Estate – Arizona Property & Auction and The Larsen Company Real Estate & Auction are ordered by the estate trustee of THE CREMONESE TRUST to offer for sale at Online Auction, 15736 E. YUCCA DR, FOUNTAIN HILLS, AZ 85268.  Don’t miss this outstanding opportunity to bid on a 2-bedroom, 2-bathroom home in the Sunridge Canyon subdivision of Fountain Hills.   

Agency Disclosure:  United Country Real Estate – Arizona Property & Auction and The Larsen Company Real Estate and Auction (collectively “Auctioneer/Broker”) are agents of the Seller.  You can expect the real estate professionals from United Country Real Estate and The Larsen Company to be helpful and honest to all parties.

Auction Date and Location:  The Real Estate Online Auction bidding ends on THURSDAY, JULY 21, 2022 at 6:00 PM.  

Auction Registration (Online Bidders):  Please visit AZEstateBid.com and click on the “Bidding Open” link to register as an online bidder.  Note that a credit card is required to register to bid only to confirm identity.  

Bid Acceptance:  The real estate is being offered subject to seller confirmation of the winning bid.  Winning bidder will complete and sign the Real Estate Sale Contract upon the conclusion of the auction event.  

Bidder & Property Information:  Bidder and property information has been prepared to help you in evaluating and bidding on the property.  All information is available online at AZEstateBid.com. 

Buyer Agent Participation:  A commission will be paid to the licensed real estate broker/agent whose Buyer client closes escrow on the property.  To qualify, the broker/agent must register their Buyer client and abide by all terms of the Buyer-Agent Registration Form (available at AZEstateBid.com) which must be received and acknowledged by the auction company prior to the auction event.

Buyer’s Premium:  A five-percent (5%) Buyer's Premium (auction fee) will be added to the final bid price to establish the contract sale price.  High Bid + Buyer’s Premium = Sale Price.

Caveat Emptor: “Let the Buyer beware” that while every effort is made by the Auctioneer/Broker to provide accurate information, it does not accept responsibility for information presented.  It is the responsibility of the Buyer and/or the Buyer’s Broker/Agent to verify the accuracy of all information presented and conduct its own independent inspections, investigation and due diligence concerning the property to its satisfaction, “When in doubt, check it out”.  Property sells “As-Is” with no warranties expressed or implied by the Seller.  

Closing:  Close of escrow to occur within 30-days of contract acceptance.  

Contingencies:  The final high bid on the property is irrevocable.  The purchase IS NOT contingent upon financing NOR appraisal, so be prepared to pay cash at closing or have arranged your financing prior to bidding.  The purchase IS NOT contingent upon inspections post auction, so be sure you thoroughly inspect the property and obtain any information important to you prior to bidding.

Disclaimers:  Any announcements made on auction day take precedent and override all prior marketing or website statements.  The decision of the Auctioneer is final regarding all matters that arise before, during, and after the Auction.  Auctioneer’s discretion includes, but is not limited to, the auction method, bid calling, bid increments, and determining the buyer.  Unless otherwise disclosed, Seller may not bid on the Property.  Bidders will not retract any bid.  The exclusive jurisdiction and venue for any controversy or claim will be Maricopa County, Arizona.  Online Bidding Disclaimer:  Under no circumstances shall Bidder have any kind of claim against the Broker/Auctioneer, or anyone else if the internet service fails to work correctly before or during the auction.

Earnest Money Deposit:  The winning high bidder (“Buyer”) will be required to make an Earnest Money Deposit equal to ten-percent (10%) of the purchase price to the title/escrow company with the balance due in 30-days. The Buyer will sign the Sale Contract and deposit the 10% Earnest Money Deposit to the Escrow Officer by FRIDAY, JULY 22, 2022 at 4:00 pm.  All earnest money is non-refundable.  The balance of the Purchase Price (which includes the Buyer's Premium) is due via a wire transfer or certified funds to the title company within 30-days of contract acceptance.  

Financing:  The purchase IS NOT contingent upon financing nor appraisal, so be prepared to pay cash at closing or have hard money or other cash funding arranged prior to bidding.   Please visit with your lender to obtain a loan approval prior to bidding on the property and then bid within your loan limit and ability to pay. 

Possession:  Possession will be given at closing.

Property Preview and Inspections:  The property is open for public preview and inspection (“open house”) on WEDNESDAY, JULY 13 + JULY 20 from 2:00 to 5:00 PM.  Realtors can schedule client showings through ShowingTime.

Sale Contract:  Bidder should carefully read and understand the Real Estate Purchase Contract before bidding at the auction, a copy of which is available for download at AZEstateBid.com. The Property will be offered subject to the terms of the Purchase Contract, which is not negotiable, and no addition, deletion or revision will be permitted.

Title Insurance + Closing Costs:  An Owner’s Title Insurance policy will be provided at the Seller’s expense providing the Buyer with clear title.  The property will be conveyed by a Special Warranty Deed.  Real estate taxes will be prorated to the day of closing.  The Escrow Fee will be split evenly between Seller and Buyer.  The Seller will pay its customary closing fees with all other fees payable by the Buyer.  If applicable, the Seller will pay the HOA Disclosure fee with any other HOA fees paid by the Buyer.

Title Company:  Cindi Crawford, Senior Escrow Officer at Pinnacle Title & Escrow Agency, will handle the escrow and closing process.

Cindi Crawford

Senior Escrow Officer

(480) 885-0645 Direct

(480) 885-0695 Fax

cindi.crawford@pinnacletitleaz.com

Pinnacle Title and Escrow Agency, LLC

Downtown Chandler Office

180 S Arizona Ave, Suite 200

Chandler, AZ 85225 

PinnacleTitleAZ.com

Questions?  We are just a phone call or email away!  We want to help you understand the auction process and the property, so you are prepared to bid and buy at auction.  Please review the auction and property information available for this auction property at AZEstateBid.com.  

Happy Bidding!

Stewart Larsen and John Payne – Auctioneers and Arizona Real Estate Brokers

Stewart Larsen / The Larsen Company Real Estate and Auctions

O: 480.844.1221 | C: 480.861.2530 | E: slarsen@thelarsencompany.com 

John Payne / United Country Real Estate – Arizona Property & Auction 

O: 480.422.6800 | C: 602.315.4104 | E: john@UnitedCountryAZ.com