Name Online Only Real Estate Auction for Overson Lumber Co.
Auctioneer Hallberg Auction LLC
Type Online-Only Auction
Date(s) 8/17/2017 - 8/29/2017
Bidding begins closing at 6:00 pm on August 29th
Preview Date/Time Sunday, August 20th from 4:00 to 6:00 pm
Checkout Date/Time High bidder will be required to sign a standard purchase agreement with-in 48 hours of being acknowledged as winning bidder
Location 121 2nd Ave NE
Sleepy Eye, MN 56085
Buyer Premium No Buyer's Premium
Description
Online Only Real Estate Auction Overson Lumber Co. Yard 121 2nd Ave NE, Sleepy Eye Mn Begins Closing 6:00 p.m. August 29th   This is a fantastic opportunity to own a well-located property.  It boasts numerous storage and retail opportunities.  It features over 6,000 sq ft of retail space along with storage space in three buidings.  The offices are modern and nicely updated.  This is a once in a lifetime opportunity to own a centrally located commercial space. Inspection Time:  Sunday August 20th from 4:00-6:00 p.m. Parcel Number: 002.000.023.01.011 Taxes: $3850.00 General Terms of Real Estate Auction:  10 % down non-refundable day of auction, rest due upon delivery of deed and merchantable title on or before 45 days.  Taxes pro-rated to the date of closing.  All announcements online or with corresponding purchase agreement take precedence over printed material.  All information provided is from reliable sources, but not guaranteed by auctioneer/seller.  High bidder will be required to sign a standard purchase agreement with-in 48 hours of being acknowledged as winning bidder.  Property is offered subject to normal title contingencies and subject to approval by seller’s lender. Hallberg Auction and Real Estate 800-373-2255 www.hallbergauction.com
TERMS & CONDITIONS BY PLACING A BID, BIDDER CERTIFIES THAT THEY HAVE READ AND WILL ABIDE BY ALL TERMS AND CONDITIONS AS STATED BELOW. IT IS THE BUYER'S RESPONSIBILITY TO UNDERSTAND ALL THE TERMS AND CONDITIONS PRIOR TO BIDDING. Online Bidding This is a timed, Online-only Auction; the highest bid online when the bidding closes will be the winning bid for the item. This auction will incorporate a "SOFT CLOSE". Bidding within the last 4 minutes before the closing of an item will extend the bidding time by an additional 4 minutes. This prevents individuals from placing a bid on an item at the last second in order to prevent others from bidding more. Items Sold "As Is, Where Is" All items are sold "AS IS, WHERE IS" with no warranty or guarantees, expressed or implied, by the seller or Hallberg Auction. Bidders accept all auction items/property "WITH ALL FAULTS", whether or not immediately apparent. It is strongly recommended that bidders thoroughly inspect items before placing a bid. Items are described as accurately as possible, but do not represent any guarantee by the seller or Hallberg Auction. By placing a bid, bidder signifies that they have inspected the item to their satisfaction. Pictures and Item Descriptions Multiple photos will be included in item descriptions whenever possible; however, photos may or may not fully represent the item. Lighting, surroundings and other factors can affect the perception of an item in a photo; therefore, all bidders are responsible for their own personal inspection of the item(s) before placing a bid. Photos and descriptions are to be used as a guideline only. Auction Software Hallberg Auction will not be held liable for any software or software malfunction discrepancies. Invoicing An invoice and payment instructions will be sent to each buyers registered email at the close of the auction. Please read email message completely for payment instructions. Please contact us at (641) 561-2255 if you do not receive an invoice from us within 24 hours of auction close. Payment Payment must be received at time of checkout and pickup following the conclusion of the auction. If payment is not received or payment arrangements made within 3 days after the conclusion of the auction, the buyer will lose all right, title and interest to the item(s), including any and all monies. Terms: 10 % down non-refundable day of auction, rest due upon delivery of deed and merchantable title on or before 45 days.  Taxes pro-rated to the date of closing.  All announcements online or with corresponding purchase agreement take precedence over printed material.  All information provided is from reliable sources, but not guaranteed by auctioneer/seller.  High bidder will be required to sign a standard purchase agreement with-in 48 hours of being acknowledged as winning bidder.  Property is offered subject to normal title contingencies and subject to approval by seller’s lender.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9.00 1.00 USD
9.01 - 97.50 2.50 USD
97.51 - 500.00 10.00 USD
500.01 - 975.00 25.00 USD
975.01 - 9,900.00 100.00 USD
9,900.01 - 69,000.00 1,000.00 USD
69,000.01 - 99,500.00 500.00 USD
99,500.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium No Buyer's Premium
Payment Terms
Terms of Real Estate: 10 % down non-refundable day of auction, rest due upon delivery of deed and merchantable title on or before 45 days.  Taxes pro-rated to the date of closing.  All announcements online or with corresponding purchase agreement take precedence over printed material.  All information provided is from reliable sources, but not guaranteed by auctioneer/seller.  High bidder will be required to sign a standard purchase agreement with-in 48 hours of being acknowledged as winning bidder.  Property is offered subject to normal title contingencies and subject to approval by seller’s lender.