WorldBid Auction August 6th 2025 Noon STARTING BID: $600,000 ESTIMATED PROPERTY VALUE RANGE: $1 million to 1.7 million PRE AUCTION BIDS DUE NOW THRU July 21st 2025 Auction BIDS DUE PRIOR TO OR ON August 6th 2025 NOON CT PRE AUCTION OFFERS • A Buyer may elect to submit a Pre Auction rather than participate in Auction bidding. • Pre Auction offers may be submitted on a standard CAR (California Association of Realtors) purchase contract. Pre Auction offers may have any contingency a buyer requests. Offer due no later that July 21, 2025 and the following occurs - The buyers offer is accepted by the seller and the buyer closes on the purchase of the property not later than July 28, 2025 OR - The buyer’s contingencies are removed no later than July 28, 2025, the buyer’s deposit becomes non refundable and is released to the seller. • No exceptions to the date deadlines will be accepted. • The buyer must provide a 10% deposit with their offer, proof of funds to close the purchase and a lender approval letter (if applicable). AUCTION DAY BIDDING • Your Sealed bid must be submitted on the Premiere Estates Sealed Bid auction purchase contract. 1. Qualifying round bids are due on August 6th noon 2025 PT and must be emailed Cwohl@PremiereEstates.com 2. The top 50% bids (by price) of the qualifying round bids received, those bidders will be notified by August 6th 2025 Noon PT, they are approved to submit their final bid 3. The bidders, which have qualified to bid in the Final Bid round are due on August 7th, 2025 noon PT • Both the qualifying and final round bids must be provided on the Premiere Estates Sealed Bid auction purchase contract. • Escrow Shall close no later than August 27th, 2025 • The Sealed Bid auction purchase contract is available at PremiereEstates.com AUCTION BIDDING REGISTRATION REQUIREMENTS • Proof of funds in the amount of the bid in the name of the buyer. • Lender approval letter (if the buyer is obtaining financing). • Contact Premiere Estates for wiring instructions. • A 10% deposit is required within 24 hours of bid acceptance.