PROCEDURE: The Real Estate will be offered in one (1) tract. 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. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.
ACCEPTANCE OF BID PRICES: The real estate is being sold ABSOLUTE, regardless of price. Successful bidder will be required to enter into a Purchase Agreement at the auction site immediately following the close of the auction.
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 a Personal Representative's Deed conveying title to the property.
CLOSING: The balance of the purchase price is due at closing, which will take place within approximately 30 days of the presentation of insurable title.
POSSESSION: Possession will be delivered at closing.
REAL ESTATE TAXES: The real estate taxes will be prorated to the date of closing.
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 express 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.