Kenny Yoder Online Real Estate Auction

Westfork Auction & Real Estate, LLC

 

Date(s) 3/20/2018 - 4/24/2018

Internet only auction

Past Auction
Online-Only Auction
Bidding Notice:

Please take a look at the terms and conditions before bidding. This is an internet bidding auction only.

Auction Notice:

Auction closes on April 24, 2018 at 8 pm (est)

Auction Information
Name Kenny Yoder Online Real Estate Auction
Auctioneer
Type Online-Only Auction
Date(s) 3/20/2018 - 4/24/2018
Auction Date/Time Info
Internet only auction
Preview Date/Time March 21, 2018
Checkout Date/Time Auction closes on April 24, 2018 at 8 pm (est)
Location
Buyer Premium 2% online buyer premium
Description
This is a real estate auction. Location of property is 267 W Main St, Arcola, IL 61910. This is a 50 x 200 lot only. NO structure is included. This property will be offered in 1 - 50 x 200 lot (no improvement).
This auction ends on April 24, 2018 at 800 pm (est) location is 267 W Main St., Arcola, IL 61910. This is for 1 - 50 x 200 lot only. NO structures are inluded. DOWN PAYMENT: 10% down payment on the day of the auction, or within 24 hours. THIS AUCTION IS NOT CONTINGENT UPON FINANCING. CLOSING: Closing will be within approximately 30 days. POSSESSION: Possession of property will be given as of date of closing. REAL ESTATE TAXES: Real estate taxes for 2017, payable in 2018 shall be the Seller's expense. The real estate taxes for 2018, payable in 2019, will be prorated to the day of closing and credit will be given to Buyer at closing. All subsequent real estate taxes will be the expense of the Buyer. SUCCESSFUL BIDDERS: Successful bidders will sign a contract for Sale of Real Estate within 24 hours following the auction closing. Contract price shall be the highest bid price, which includes the 2% buyers premium. The seller reserves the right to reject High Bid Price until the reserve is met. TITLE: Seller will furnish the successful bidders an Owner's Policy of Title Insurance in the amount of purchase price and will provide an adequate deed, subject to standard exceptions, conveying fee simple interest in the real estate to the buyers. Any questions concerning purchase contract contact: Kosic & Stout Law Office in Arcola, IL at 217-268-3609. MINERAL RIGHTS: Sale of the property shall include any mineral rights owned by the seller. DISCLAIMER AND ABSENCE OF WARRANTIES: THIS PROPERTY IS BEING SOLD ON AN "AS IS, WHERE IS" BASIS, and no warranty or representation, either express or implied concerning the property is made by either the seller or the auction company. Each bidder is responsible for conducting his own independent inspections, investigations,and all due diligence concerning the property, improvements, and the auction. Information contained in the brochure are approximate. All information contained in the brochure and any related materials are subject to the terms ad conditions of sale outlined in the Agreement for Sale of Real Estate. Auction conduct and bidding increments are at the direction and discretion of the auctioneer. All decisions of the auctioneer are final ANNOUNCEMENTS MADE BY THE AUCTIONEER AT THE TIME OF SALE WILL TAKE PRECEDENCE OVER ANY PREVIOUSLY PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE. AGENCY DISCLOSURE: In this auction, the auction company, staff, and auctioneer are seller's agents and have a fiduciary duty only to the seller.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 250.00 USD
Currency USD
Buyer Premium 2% online buyer premium
Payment Terms
Down Payment: 10% down payment on the day of the auction, or within 24 hours. THIS AUCTION IS NOT CONTINGENT UPON FINANCING.
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Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.