Yet another big, beautiful house located on Hanalei Plantation Road is going to sell at auction soon. The property located on CPR Unit A of Lot 13 at Hanalei Garden Farm Estates, will be sold via auction format on April 27, 2017. The following is a brief summary of the property and auction specifics, along with the official listing for the property. For more information and to register for the auction, please call me directly at: (808) 282-7981.
Summary of Key Auction Terms
The auction format will utilize the Instant Gavel mobile bidding app, allowing buyers to participate in the auction in real-time from anywhere in the world. Bidders are able to watch bids live via the app.
- Open houses being held every day until auction date
- Auction Date – April 27, 2017 @ 3PM HST
- Auction Method – No reserve
- Bidder’s Deposit – $100,000
- Buyer’s Premium – the greater of 12% of the High Bid
- Opening Bid Incentive – 12% of the amount of your opening bid
- The Property is being sold furnished
- If you are the High Bidder, the balance of your 12% Earnest Money Deposit is due no later than April 28, 2017
- Closing – 30 days from auction (or sooner if desired)
Opening Bid Buyer Incentive – Save 12%
If an Opening Bid Buyer is the high bidder at the Auction, such Opening Bid Buyer will receive an Incentive from Seller in the form of a credit against the Purchase Price that would have otherwise paid for the Property on the amount, equal to 12% of the Opening Bid Amount. The Opening Bid Buyer Incentive will be deducted from the total amount paid by the Bidder at closing if the Buyer is the successful purchaser of the Property.
Registration for Auction
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