Buyer to Complete Due Diligence and Make Offer Prior to the end of the Listing Period on the Sellio™ Listing
Buyer Purchasing As-Is | Sellio™ Buyers agree to purchase the property in as-is condition and based on the terms on the listing unless otherwise stated on the Listing. Buyer assumes all liability and responsibility for purchasing on Sellio™
Offer Hold when you are ready to secure a property, we will pre-authorize a Credit Card. This is released when the Listing Period is finished, whether or not a buyer is the selected winner. If buyer is the selected winner and does not perform, the pre-authorization becomes a nonrefundable charge. (unless seller cannot transfer clean title, which Offer Hold will be released immediately.
Service Fee generally ranges around .05%- 25 (half of a percent) and covers the cost of providing the technology and marketplace platform to participants. This fee is paid by the buyer, only after a successful Sellio™ listing event and closing. The amount will be included added into the 'Total Amount' when you Confirm Price to buy the property.
Win Deals Automatically As a buyer you can use the (-) minus sign to your desired buy price and win the rights to purchase the deal automatically, without taking any additional steps. Simply reduce the bid price using the (-) minus sign and once it hits, you win! (based on priority order)
ID & Proof of Funds Required | Upload documentation in your account after registration and it will be verified by Sellio™. All registered bidders must have cash available and be able to close the property, in as-is condition, on the sellers time-frame and terms.
Buyer has 48 Business Hours to execute signed PSA and make the Earnest Money Deposit with selected Escrow or deal may be forfeited to the next buyer.
Title and Closing Attorney Connect with one of recommended Escrow, Title and Closing Attorneys, or bring your own.
Please visit Sellio.co/buy
to see more information