ABSOLUTE AUCTION


  • 2-Bedroom 1-Bath House – 618 Elm St, Carmi, IL
  • Vacant Lot – 714 N. 5th St, Carmi, IL

LIVE ON-SITE AUCTION
Begins: 09/06/17 at 12:00 PM CDT
Location: 618 Elm St, Carmi, IL 62821
INSPECTION
Begins: 08/24/17 at 5:00 PM EDT Ends: 08/24/17 at 6:00 PM EDT
Location: 618 Elm St, Carmi, IL 62821


ABSOLUTE REAL ESTATE AUCTION

WEDNESDAY, SEPTEMBER 6, 2017 • 12:00 NOON CT

William Wilson Auction & Realty, Inc. has been authorized to sell the real estate belonging to Janice M. Miller, located at 618 Elm St and at 714 N. 5th St, Carmi, IL 62821.

DESCRIPTION:

  • 2-Bedroom, 1-Bath House
  • 100′ x 284′ Vacant Lot next to Jefferson Attendance Center

AUCTION LOCATION: The auction will take place at 618 Elm St, Carmi, IL 62821 on Wednesday, Sept 6, 2017 at 12:00 NOON CT.

INSPECTION: Thursday, August 24, 5-6:00 PM CT at 618 Elm St, Carmi, IL 62821

OWNER: Janice M. Miller                

All announcements the day of the auction take precedence over printed material or any other oral statements made.

PROCEDURE: The real estate will be offered in 2 tracts.  There will be open bidding during the auction as determined by the Auctioneer.  Conduct of the auction and increments of bidding are at the discretion of the auctioneer.  All decisions of the Auctioneer are final.

DOWN PAYMENT: A 10% down payment is due on the day of the auction with the balance due at closing.  The down payment may be in the form of cash, cashier’s check, personal check or corporate check.  Bidding is not conditional upon financing. Bidders should arrange for financing, if needed, and be capable of paying cash at closing.

ACCEPTANCE OF BID: Successful bidder will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction.  The real estate will be sold at Absolute Auction, regardless of price.

BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the high bid to determine the contract sale price.

DEED: Seller shall provide Warranty Deeds conveying titles to the properties.

CLOSING: The balance of the purchase price is due at closing, which will take place within 30 days of the presentation of insurable title.

POSSESSION: Possession of real estate shall be delivered to the buyer at closing.

REAL ESTATE TAXES: The real estate taxes will be prorated to the day of closing.

ACREAGE: All tract acreages, dimensions, and proposed boundaries outlined on the auction plat and all advertising are approximate and are estimated based on current legal descriptions and/or aerial photos.  Purchaser should make his/her own independent determination of acreage prior to bidding. 

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this ad and all related materials are subject to the terms and conditions outlined in the Purchase Agreement, which shall take precedence.  The property is being sold on an “AS IS, WHERE IS” basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or WILLIAM WILSON AUCTION & REALTY, INC., including, but without limitations to fitness for a particular use, physical condition, any specific zoning classification, title, location of utilities, assurance of building permits, driveway permits, or water and septic permits. All sketches and dimensions are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property.

To 618 Elm St – From IL-1 in Carmi, turn west onto Oak St/IL-14, right onto 6th St, then first left onto Elm St.  Watch for signs.

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