SFR Auction in Coatesville

•Property is being sold in an "as is" condition, and the condition is unknown and may include defects, possible health or safety hazards, or debris, or be located in a Special Flood Hazard Area. •Proof of Funds Required. The seller requires that the high bidder be able to demonstrate proof of funds or financing pre-qualification within 24 hours of the auction. Buyer must obtain a "pre-qualification" letter from a lender of their choice. If buyer intends to pay with cash, a bank letter or other financial account statement showing proof of sufficient funds to cover 100% of the purchase price will be required (account numbers should be removed or redacted). Buyer understands and agrees to submit said documentation to auctioneer within 24 hours of the auction. • Utilities Disclosure. The utilities to this property are not currently "turned on" and the property has been winterized. Utilities will not be turned prior to closing, regardless of inspections. Buyer will need to consider this and account for it if/when inspecting the property. Buyer is responsible for utility transfer post-closing. •Occupied Property Disclosure. Buyer acknowledges and understands that property herein is occupied. Buyer accepts responsibility for eviction, lease or rental negotiation, or other remediation, as Buyer finds necessary in order to clarify legal occupancy status. Buyer agrees to hold Seller, Williams & Williams, and its agents harmless from any and all results therein. •Occupied Property and Utility Usage Disclosure. Buyer acknowledges and understands that property herein is occupied and utilities have not been disconnected. Buyer accepts responsibility for eviction, lease or rental negotiation, or other remediation, as Buyer finds necessary in order to clarify legal occupancy status. Buyer further shall be responsible for payment of utilities consumed and used by tenants. Any collection or reimbursement of said utility payment s by tenants shall be the sole responsibility of the Buyer. Buyer agrees to hold Seller, Williams & Williams, and its agents harmless from any and all results therein. Buyer is advised to conduct a thorough investigation of the property's utility usage and any associated costs and expenses associated with usage. Neither Seller nor Williams & Williams make any assertions to the compliance standards of smoke and/or carbon monoxide detectors(CO). Buyer acknowledges that if such inspections are required,(dye test, Smoke (CO), Occupancy) Buyer will perform the inspections prior to closing. Buyer is responsible for cost of certificate, and any costs and expenses necessary for complying with the State/City/County/Borough requirements, which may or may not include repairing violations noted. Buyer is purchasing the Property as-is, where-is,' and assumes all responsibility for complying with the results of inspections. Should repairs be required to comply with State/City/County/Borough requirements, buyer will accept responsibility and waive seller/agent liability by signing a hold harmless agreement at close. Use and Occupancy Inspection: Buyer acknowledges that the Use and Occupancy inspection has been ordered and will be completed prior to closing. Buyer acknowledges that the property is being sold as-is, where-is, and assumes all responsibility for remediation. Buyer understands that they have to sign and complete the "as-is" form required by the City of Coatesville.