198 Gilmour Rd, Somerset, PA 15501

For Sale at Online Auction with Dynamic Auction Group. Current high bid is $650,000 + 10% Buyers Premium applies. BIDDING ENDS THURSDAY, NOVEMBER 14 @ 6:00 PM (SOFT CLOSE) Deposit only required if you are the winning bidder! Guaranteeing a marketable and insurable title free and clear of liens, or the option for your deposit money back! Notice: Paperwork and deposit handled with winning bidding the following day AUCTION DETAILS: Property offered "AS-IS" with no contingencies, other than the guarantee of a marketable and insurable title at the time of settlement. Cash to Seller - (Traditional Financing Accepted as a form of payment at settlement, however there is no mortgage contingency) 10% Buyers Premium (BP) Applies: 10% of the high bid amount will be added to the high bid amount to achieve the total purchase price. This is how the final purchase price is calculated. Example: (high bid amount, amount due at closing) 500,000 + 50,000 (buyers premium) = 550,000 (total purchase price) HALF THE BUYER’S PREMIUM AMOUNT (5%) Non-refundable deposit due at signing: The total remaining balance is due at the time of (traditional) closing. 60-90 days to close. The winning online buyer must arrange with their banks an immediate electronic wire transfer for the deposit amount if they become the successful buyer. Must be scheduled no later than NOON the following banking day after the auctions end date. Brokers/Agents welcome. Buyer Broker commission is offered to licensed real estate agents, subject to Dynamic Auction Groups broker participation terms and conditions. Buyer broker commission is a percentage of the total earned commission/buyer’s premium, paid to any agent who's buyer successfully closes on the property in accordance with Dynamic Auction Groups terms and conditions.