REAL ESTATE AUCTION ENDS AUGUST 3rd, 2022 12:00 P.M. (PST) SUBJECT PROPERTY 1205 E Tradewind Dr Gilbert, AZ 85234 AUCTION TERMS & CONDITIONS 1) BIDDER ACKNOWLEDGES THE SUBJECT PROPERTY IS PART OF AN ESTATE AND AS SUCH SHALL BE SOLD AS-IS WITHOUT WARRANTY, WITHOUT SELLER DISCLOSURE STATEMENT, AND WITHOUT A C.L.U.E. REPORT. 2) CARL CUNNINGHAM/MY HOME GROUP IS REAL ESTATE BROKER FOR THE SELLER. CARL CUNNINGHAM/CUNNINGHAM PARTNERS, LLC IS AUCTIONEER FOR THE SELLER. 3) BIDDER ACKNOWLEDGES THE BIDDER HAS CONDUCTED ALL DUE DILIGENCE PRIOR TO THE AUCTION AND IS SATISFIED WITH THE SUBJECT PROPERTY IN ITS ENTIRETY. 4) BIDDER ACKNOWLEDGES BIDDER IS PURCHASING THE SUBJECT PROPERTY IN "AS IS" CONDITION WITHOUT WARRANTY. 5) BIDDER ACKNOWLEDGES BIDDER TO PAY ALL ESCROW FEES AND CLOSING COSTS. ESTIMATED CLOSING COSTS AND FEES FOR: 1205 E TRADEWIND DRIVE, GILBERT, AZ 85234 AT A $600,000 BID; Escrow: $938 + Title: $1,667 + Tracking: $75 + Processing: $125 + Recording: 80 + $150 (if notary needed) = $3,035.00. 6) MAGNUS TITLE AGENCY OF ARIZONA GUARANTEES TITLE TO TRANSFER FREE AND CLEAR TO BUYER AND SHALL BE ESCROW/TITLE COMPANY. (CASH DEAL/RESPA DOES NOT APPLY). 7) NO BUYERS PREMIUM. WHAT YOU BID IS WHAT YOU PAY + CLOSING COSTS. 8) BIDDER ACKNOWLEDGES 10% OF THE HIGH BID IS DUE ONCE TITLE HAS BEEN OPENED AS A NON-REFUNDABLE DEPOSIT AND SHALL BE PAID BY WIRE TRANSFER ON AUGUST 20th, 2022. 9) CLOSE OF ESCROW TO OCCUR ON OR BEFORE AUGUST 31st, 2022. SALE SUBJECT TO ESTATE PERSONAL REPRESENTATIVE APPROVAL. 10) BALANCE OF SUCCESSFUL BID MUST BE PAID BY WIRE TRANSFER. 11) BROKER PARTICIPATION: BUYER'S BROKER MUST REGISTER THEIR CLIENT MINIMUM 24-HOURS PRIOR TO AUCTION TO BE CONSIDERED FOR BROKER COMPENSATION. BROKER COMPENSATION TO BE PAID AT SUCCESSFUL CLOSE OF ESCROW. CONTACT CARL CUNNINGHAM AT MY HOME GROUP TO REGISTER YOUR CLIENT TODAY AT 602-647-4900. 12) OPEN HOUSE: OPEN HOUSE SUNDAY, JULY 24TH, 2022 1 PM - 2PM AT 1205 E TRADEWIND DR, GILBERT, AZ 85234. 13) SUCCESSFUL BIDDER AGREES TO SIGNING AN ARIZONA ASSOCIATION OF REALTORS RESIDENTIAL PURCHASE CONTRACT AND AN AS-IS ADDENDUM IMMEDIATELY FOLLOWING THE ONLINE AUCTION. INSPECTION PERIOD ENDS WHEN AUCTION CLOSES 12PM, AUGUST 3, 2022. BY REGISTERING AND BIDDING I ACKNOWLEDGE I HAVE READ AND UNDERSTAND THE ABOVE AUCTION TERMS:

1205 E Tradewind Dr, Gilbert, AZ 85234 is a lakefront 4 bedroom/2 bath/3-car garage single level home with a pool on a large lot. 1975 +/- Sq. Ft (interior) on an 11,000+ sq. ft. lot. Ideally located within walking distance to Gilbert High School and minutes from Downtown Gilbert, shopping, and restaurants. This is an estate and as such this property shall be sold as-is without warranty, without Seller Disclosure Statement, and without C.L.U.E. report. Buyer to pay all closing costs/escrow fees. NO Buyers Premium. Broker participation encouraged. Auction ends August 3, 2022 12PM (PST). Close of escrow to occur on or before August 31st, 2022. No inspection after auction ends.