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4 Bedroom, 3 Bath Home at Isle of Palms, SC

Online Auction
Bidding Starts:
Friday, July 9, 2021 @ 8:00 AM EDT
Bidding Ends:
Friday, July 23, 2021 @ 12:30 PM EDT
Location:
3009 Palm Blvd, Isle of Palms, SC

NOTE: THIS AUCTION HAS BEEN PAUSED

Information about the property was obtained from its VRBO listing:
https://www.vrbo.com/158862ha

4 Bedrooms, 3 Decks, Screened Porch, Private Pool with Tropical Landscaping
Located just across the street from the beach!
Main living space is on the 2nd floor.
Home has ocean views from dining room, kitchen, screened porch and rooftop deck.

Important Information about this Auction
Property sells to the highest bidder subject to a minimum opening bid of $100,000.

The Seller is the Court Appointed Receiver in Independence National Bank vs. Buncombe Professional Park, LLC and David DeCarlis s/a David D. DeCarlis (Case No 2010-CP-23-03860, Greenville County, South Carolina Court of Common Pleas).

Seller is transferring Seller’s interest, if any, in the property pursuant to court order filed on June 11, 2021. Seller’s interest, if any, will be conveyed by Quitclaim Deed only.

No title search has been performed. The Seller makes no warranty as to title. Property is being sold subject to all liens, mortgages, judgments, and other actions of record. It is believed there are 2 recorded mortgages with total balance owed between $900,000 and $1,000,000.

Seller does not currently have possession of the property and does not guarantee possession of the property; furthermore, auctioneer has not accessed the property and cannot grant access for viewing or inspection.

Purchaser should note that the above case is ongoing and that title and possession may be affected by the outcome of this case and other related cases. 

It is highly recommended that all Bidders consult an attorney prior to registering and bidding on this property.

Related Cases:
Rory D. Whelehan, etal vs. Royal Blue Lending House LLC  Case No. 2019-CP-23-07305
Rory D. Whelehan vs. David D. DeCarlis, etal  Case No. 2020-CP-23-00925

Auction Registration
All Bidders must register and be approved for bidding prior to participating in this auction. 

In order to register and be approved to bid in this auction, all bidders must deposit $50,000.00 in the Auctioneer’s escrow account at least 24 hours prior to the end of bidding. This deposit must be made by wire transfer. Wiring instructions will be provided upon request.

Closing
Bidding for this property ends on July 23, 2021. 
Property must be closed by July 30, 2021.

Complete terms and conditions are available in the Contract Package located under Documents section on this page.

Documents
Contract Package for 3009 Palm Blvd, Isle of Palms, SC
Download Link
Map