Razor: Residence as Art - $45,000,000.00

Razor: Residence as Art La Jolla, CA Bob Hurwitz Hurwitz James Company http://www.uniquehomes.com/luxury-homes/listing/101-537827716/refer=FP42A The RAZOR Residence to be AUCTIONED 8/28/2011! 1. Auction by oral bid to be held on Tuesday, September 28, 2011, starting at noon PDT at the property. Qualified bidders may bid on telephone conference line. Only qualified bidders will be allowed to participate in the auction. All bids are required to be in US dollars and shall be in cash . The seller will not provide any financing. 2. Bidders to qualify by not later than 5 pm PDT Tuesday, September 21, 2011 by wiring US$500,000 to trustees account and by submitting proof of bidders ability to timely close (by November 15, 2011) to the trustee. Proof of ability to timely close shall be subject to the trustees sole and absolute discretion. Qualified bidders and any representatives attending the auction in person will be required to sign a waiver of liability for any injuries that may occur on the premises. 3. The auction will be conducted by the Trustee who will be the sole judge of the rules by which the auction will be conducted and the high bidder. The minimum bid will be US$16,000,000 with overbids in increments of $100,000. 4. The property will be sold free and clear of liens, but otherwise as, is, where is. The home will be unfinished. Other than personal property that is incorporated into the construction of the house, no personal property (staged furniture, etc.) will convey. http://www.hurwitzjamesco.com/property.php?lng=en&id=9 Originally listed for $45 million.

Category:

Howto & Style

Tags:

• luxury
• homes
• real
• estate
• for
• sale
• La Jolla
• CA
• 92037
• Razor:
• Residence
• as
• Art

[LeonLinLi]

The auction failed this time.