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DOWN PAYMENT: 10% Buyers Fee will be added to the bid price to equal the purchase price. Bidders shall rely entirely on their own information and judgement of property and if buyer does not understand this DO NOT BID. Seller has 24 hours to accept, counter or reject offers on Real Estate. Buyer is to put 10% earnest money down - wired within 24 hours of seller's acceptance of offer. This amount will be wired payable to Knight Barry Title Group. The balance is due at closing within 30 days. Offer will be written as cash offer no contingency. Seller will provide title insurance. Taxes will be prorated to the day of closing. All information is derived from sources believed to be accurate but is not warranted or guaranteed. Property will be sold AS IS. NO CONTINGENCIES: YOUR BIDDING IS NOT CONDITIONAL UPON FINANCING SO BE SURE TO HAVE ARRANGED FINANCING, IF NEEDED, OR THAT YOU ARE CAPABLE OF PAYING CASH AT CLOSING. Buyers who are unable to close because of insufficient funds or unable to finance will be in default and the earnest money will be forfeited.
CLOSING: The balance of the purchase price will be paid at closing within 30 days of Auction closing.
POSSESSION: Possession of the real estate shall be delivered to the buyer at the time of closing.
DISCLAIMER: The property is being sold "as is, where is." and no warranty, either expressed or implied, concerning the property is made by either the sellers or the auction company. Each bidder is responsible for conducting his/her own independent inspections or investigations concerning the property and the auction. Information provided is believed to be correct to the best of the auctioneer's knowledge but is subject to inspection and verification by all parties relying on it. All decisions of the auctioneer are final. The sellers and the auction company reserve the right to preclude anyone from bidding if there is a question as to the person's credentials, fitness, intent, etc.
Information was gathered from reliable sources and is believed to be correct as of the date this material is published, however, this information has not been independently verified by sellers or auctioneers. Its accuracy is not warranted in any way. There is no obligation on the part of Sellers or Auctioneer to update this information. ALL ANNOUNCEMENTS MADE AT THE AUCTION TAKE PRECEDENCE OVER ALL ADVERTISING. The sellers do not have any liabilities whatsoever for any oral or written representations, warranties or agreements relating to the property except as expressly set forth in the Auction Sale Agreement. There is no obligation on the part of the Sellers to accept any backup bids in the event the high bid falls through. BY BIDDING, THE PURCHASER AGREES TO BE BOUND BY THE TERMS AND CONDITIONS HEREIN.
REAL ESTATE TERMS: The sellers are motivated to sell but reserve the right to accept the final bid. Seller will accept or reject the final bid price within 24 hours of auction closing.
BROKER PARTICIPATION: Kubarek Auction encourages Broker/Agent participation. Interested brokers please contact Woodland Development & Realty at 715-634-2110.
SUBJECT TO AUTO EXTENSION DUE TO BIDDING ACTIVITY AUCTION END TIMES: Kubarek Auction Online Only Real Estate Auctions have an auto extend feature. Any bid placed within 3 minutes of the auction ending will automatically extend the auction for 3 minutes from the time the bid is placed. The auto-extend feature remains active until no further bids are received within the 3-minute time frame.
BIDDER VERIFICATION: The identity of all bidders will be verified, bidding rights are provisional, and if complete verification is not possible, Kubarek Auction will reject the registration, and bidding activity will be terminated. Registered bidders need to contact Gary at Woodland Development & Realty to work with verifying financial credentials. 715-634-2110.
Viewings can be scheduled by contacting 715-634-2110 (Woodland Development & Realty.)
BIDDING PROCEDURE: NOMINAL OPENING BID OF $65,000.00 IS REQUIRED FOR THE AUCTION TO OPEN THE BIDDING. Upon receiving an opening bid of $65,000.00, the bidding will continue until the auction ends on Wednesday, August 17, 2022, at 6:00 P.M. CST, subject to the automatic bid extend feature outlined in these terms and conditions.
REAL ESTATE TAXES: All real estate taxes for the year 2022 will be prorated as of the date of closing
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