Call Agent Eric Gleaton for Appointment - 678-725-8757

Gleaton's Realty - Office - 678-489-4928

GAMLS Supra Lockbox Compatible

 Welcome to the Gleaton's highest & best bid / offer process. This is a simple and fair process for buyers interested in this home with so much demand. It is free & easy to register! Please get your offers / bids in before the last day of bidding. 

1. Registration & Offer / Bidding Procedure:
   Registration is required to become a qualified and eligible bidder & buyer. In order to become fully registered and eligible to bid, a prospective Bidder must: (a) Complete registration located on the website at www.Gleatons.com;  (b) Purchase & Sale Agreement: All bids / offers must have a purchase & sale agreement to go along with and be sent to info@Gleatons.com The purchase & sale agreement has been partially filled out & is attached in the documents section on this page. All cooperating agents and / or buyers must have a purchase and sale agreement in place for a bid / offer to be valid. 
2. Subject to Seller Confirmation
   Every bid / offer is subject to seller approving as acceptable sales price. The seller has a right to accept an offer / bid at anytime during the bidding process. 
3. Buyer's Premium:
   A seven percent (7%) buyer's premium will be added to the high bid price to determine the total contract sales and purchase price for the property.
4. Broker Participation: 3.5 percent (3.5%) of the Winning Bid amount will be paid to a qualified Licensed Real Estate Broker (“Broker”) whose registered Buyer’s offer is accepted by the Seller and closes on the Property, provided the Broker is not prohibited by law from being paid such commission. To qualify for a commission, the Broker must register their prospect at www.Gleatons.com. This registration must be received by the close of business one day prior to the Auction. Commissions will be paid only after closing and Seller receipt of proceeds. Brokers are not required to attend the closing. If a cooperating Broker has not met all of these requirements, no commission will be paid to the cooperating Broker, even if the cooperating Broker’s prospect purchases the Property. No oral registrations will be accepted. Under no circumstances whatsoever will any commission be paid if the sale does not close for any reason.
5. Sale Ending:
   Beginning at the stated closing time, the auction software will conclude bidding with the following exception: if a bid is placed in the last one (1) minutes remaining, bidding for that lot will remain open for an additional one (1) minutes.
6. Payment:
   The Purchaser shall pay an amount equal to 1% of the total contract sales price to the selected Closing Attorney within 24 hours after signed purchase and sale agreement. 
7. Closing Attorney:
   The purchase monies in respect of the property shall be paid to and deposited with Slepian, Schwartz & Landgaard at: 42 Eastbrook Bend
   Peachtree City, GA 30269
8. Closing:
   Closing shall take place on or before 4:00 PM ET within 35 days of binded purchase & sale agreement. The Closing Attorney will schedule and conduct closing.
9. Possession:
   Purchaser will receive possession at closing.
10. As-Is Sale:
    The Purchaser shall accept the property in an as-is condition with all faults as of the closing date and the purchaser shall specifically agree that the Seller has not and does not make any representations or warranties of any kind whatsoever, expressed or implied, to the purchaser regarding the property or any improvements thereon. The property is selling subject to anything an accurate survey or personal inspection of the property may reveal, including any existing rights-of-way, easements or claims to easements, encroachments, rights or claims of parties in possession, restrictive covenants and easements, flood zones, zoning or subdivision regulations, building codes, governmental agencies regulations, environmental conditions, lead-based paint, asbestos, radon gas, hazardous materials, any mineral rights, water rights, riparian or littoral rights, and reservations or conveyances, if any. The purchaser shall have satisfied himself as to the location and condition of the property, and all descriptions thereof, before bidding. All information contained in the brochure and all promotional materials, including, but not limited to, square footages, acreage, dimensions, maps, taxes, etc., was provided by the Seller and is believed to be correct; however, neither the Seller nor Gleaton's, Inc. makes any guarantee or warranty as to the accuracy or completeness of such information
11. Personal Property:
    No personal property shall be conveyed in this sale.
12. Miscellaneous:
    All decisions of Gleaton's, Inc. are final as to the methods of bidding, disputes among bidders, increments of bidding and any other matters that may arise before, during, or after the close of bidding. Seller reserves the right to deny any person the right to participate in the sale or to ban anyone from the process who attempts to disrupt it.
13. Equal Opportunity Clause:
    All bidding is open to the public. The property is available to qualified purchasers without regard to a prospective purchaser's race, color, religion, sex, familial status, national origin, or physical handicap.
14. Guaranty Agreement:
    By submitting a bid in the name of a business entity or corporation, the individual submitting the bid enters into a guaranty agreement whereby he or she personally guarantees payment of any bid amount not paid when due by the business entity or corporation, for any reason, together with all collection expenses incurred to enforce collection, including a reasonable attorney's fee.
15. Age Requirement:
    All bidders must be 18 years of age or older.