Name Online Only Real Estate Auction
Auctioneer Hallberg Auction LLC
Type Online-Only Auction
Date(s) 10/12/2017 - 11/5/2017
BIDDING BEGINS CLOSING at 6:00 P.M. on Sunday November 5th, 2017
Preview Date/Time The property will be open for inspection on Wednesday October 25th from 5-6 p.m. and Sunday October 29th from 2:00-3:00
Checkout Date/Time Winning Bidder will be notified of acceptance of the high bid via email or telephone with-in 24 hours of Auction Close. They will then be required to enter into a standard purchase agreement with Seller and present $1500.00 as Earnest Money non-refundable with-in 48 hours. The rest will be due and payable upon closing and presentation of merchantable title by seller on or before 30 days from acceptance.
Location 345 2nd St
Randall, IA 50231
Buyer Premium No Buyer's Premium
Description
Real Estate: Property located at 345 2nd St. Randall IA Legal Description: ORIG TOWN S 59' OF E132' BLK 5-BEG 33' NOF NE CNR LT 11 BK 1N 33',W130',SW33'BEG This 3 plus Bedroom 1 ½ bath home is ready for your investment. If you are looking for a money making rental, flip home, or a way to build your own sweat equity here is your chance to name your price. This property features an extremely desirable double lot in a convenient location. Terms of Real Estate: Winning Bidder will be notified of acceptance of the high bid via email or telephone with-in 24 hours of Auction Close. They will then be required to enter into a standard purchase agreement with Seller and present $1500.00 as Earnest Money non-refundable with-in 48 hours. The rest will be due and payable upon closing and presentation of merchantable title by seller on or before 30 days from acceptance. Real Estate taxes shall be pro-rated to the date of closing. Buyer to pay for ½ of closing fee. Property Sold in its As-is where-is condition with all faults. Open House: The property will be open for inspection on Wednesday October 25th from 5-6 p.m. and Sunday October 29th from 2:00-3:00. Taxes: Gross: $1048.00 (Estimate), Current Assessment: $58,230 Seller: James and Gina Wheeler 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. By placing a bid, you are entering into a contractual agreement with the seller to purchase item(s) should you be the highest bidder. Failure to follow through with your role in the transaction will result in negative consequences up to and including legal action to recoup damages caused to seller due to breach of contract. 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. Terms of Real Estate: Winning Bidder will be notified of acceptance of the high bid via email or telephone with-in 24 hours of Auction Close. They will then be required to enter into a standard purchase agreement with Seller and present $1500.00 as Earnest Money non-refundable with-in 48 hours. The rest will be due and payable upon closing and presentation of merchantable title by seller on or before 30 days from acceptance. Real Estate taxes shall be pro-rated to the date of closing. Buyer to pay for ½ of closing fee. Property Sold in its As-is where-is condition with all faults.
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 - 99,900.00 100.00 USD
99,900.01 - 9,999,999.99 10,000.00 USD
Currency USD
Buyer Premium No Buyer's Premium
Payment Terms
Terms of Real Estate: Winning Bidder will be notified of acceptance of the high bid via email or telephone with-in 24 hours of Auction Close. They will then be required to enter into a standard purchase agreement with Seller and present $1500.00 as Earnest Money non-refundable with-in 48 hours. The rest will be due and payable upon closing and presentation of merchantable title by seller on or before 30 days from acceptance. Real Estate taxes shall be pro-rated to the date of closing. Buyer to pay for ½ of closing fee. Property Sold in its As-is where-is condition with all faults.