⏛ How do I purchase the estate?

You may submit your offer PRIOR TO or on September 17th, 2020, at NOON PT. All interested Bidders and their representatives must submit their bid on a CAR purchase agreement as well as their registration deposit in the amount of 3% of offering price. Email to Djaffe@PremiereEstates.com. Optionally, you may call us at 310-698-3625 x 101 and we will email the form to you. If you offer is accepted, the court hearing date on September 21, (auction date) shall confirm your offer, unless a qualified party participates in the auction. If not, then your offer is confirmed by the court.The answer you want to hide until a click goes here!

⏛ How can I view the estate?

By appointment only. For a private viewing, please [contact][1] our agent partner Tim Smith at 949 467 3414.

⏛ When and where is the auction?

This is telephonic auction on September 21, 2020 via Court call.. The auction is not held at the Estate. PreAuction offers may be submitted on a standard California Association of Realtors Purchase Contract if submitted prior to September 17th.

⏛ What is the registration deposit?

All sealed bids must be accompanied by proof of funds to close and a registration deposit in the amount of 3% of the offer in the form of a cashier’s check or wired funds made payable to Pickford Escrow Company. Escrow offer is Stacey E. Glenzer.

You are not required to provide all cash bid.

⏛ What do I pay if I am the buyer?

If you are the buyer, you will provide escrow with a total of 10% of the total contract price, including your registration deposit, within 24 hours after being declared the winner.

⏛ What is the value of the estate?

The estate was listed for $19.995 million. We suggest that all buyers do their own due diligence in regards to assessing value. We have comparable sale data for your review upon request or you may speak with Tim Smith the listing agent.

⏛ Can I have an inspector inspect the estate?

Yes! You may have an inspector of your choice, at your expense, inspect the estate prior to auction day.

⏛ What contingencies can I have when I purchase the estate?

Pre-Auction Offers YES. Your PreAuction offer may be made on a standard California Association of Realtors purchase contract. Your offer may include any contingency of your choosing.You must remove ALL contingencies no later September 17th, Noon PT.

Auction Bids Auction day bids on September 21st, require NO contingencies of any kind including, but not limited to, inspections or financing. All bidders’ due diligence must be done prior to the auction. Auction day bids may obtain financing to close, though it is not a contingency to close escrow.

⏛ Can I use my own lender?

Yes, you may close escrow with a lender of your choice.

⏛ Do I have to be present to bid?

No. This is a telephone auction.

⏛ How am I compensated as a broker?

Fill out and submit a Broker Registration Form. We offer participation in the amount of 2.5% of the Final Bid Amount to any licensed real estate broker/agent who properly registers their client.