FSA Owned – Title Obtained
Thursday, September 15, 2011 – 2 PM
Auction Location: Spangle Community Center, Spangle, WA
Seller: USDA Farm Service Agency
Property Location: 10+/- miles southeast of Cheney at 25925 S Rupp Road, Cheney, WA 99004
(http://www NULL.flickr NULL.com/photos/bookerauction/6067407847/)
(http://www NULL.flickr NULL.com/photos/bookerauction/6067951442/) 
(http://www NULL.flickr NULL.com/photos/bookerauction/6067951154/)
Description: 1981 Split level, 2-bed, 1-bath, single family residence of wood-frame construction with fireplace and upper level deck for viewing surrounding wooded and farmed suburban countryside. 924 SF upper level, 864 SF lower level, 96 SF deck.
Exterior improvements include 1680 SF shop/storage of Type 3 pole construction.
Abbreviated Sale Terms:
• Bidding requires pre-qualification
• 10% Buyer Premium will be added to the high bid to determine the selling price.
• Bidder Deposit – $5,000 cashier check, made payable to Inland Professional Title of Spokane will be required for bidder registration according to the complete terms and conditions.
• Earnest Money Deposit – Successful bidders will be required to provide a minimum earnest money deposit of ten percent (10%) of the purchase price payable to Inland Professional Title of Spokane at the close of the real estate auction. The cashier’s check Bidder Deposits will be applied to that percentage. Buyers must be prepared to issue personal checks for the balance due in excess of the bidder deposit to be made payable to Inland Professional Title of Spokane to complete the earnest money deposit requirements.
• Terms – Cash at closing, no later than October 14, 2011.
• All sale offers are subject to confirmation & acceptance by Seller.
• Auction Tract is being sold by legal description, not acres.
• Property Inspection: Exterior inspection at viewer discretion; Interior inspection by appointment. Please contact WREA at 509-297-9294.
Property Information & Legal Descriptions:
Property Photos (http://www NULL.flickr NULL.com/photos/bookerauction/sets/72157627364196261/)
Commitment for Title Insurance
Tax Parcel 22101.9005 Spokane Co Assessor Summary
Tax Parcel 22112.9012 Spokane Co Assessor Summary
Auction Documents:
Real Estate Auction Terms & Conditions
FSA Invitation, Bid, Acceptance
FSA Addendum (to Invitation, Bid, Acceptance)
Real Property Transfer Disclosure Statement
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