" The property will be sold at Public "Online Only - Internet Auction", ending Wednesday, March 21, 2018 at 2:00 pm (soft close).
" The property will be sold with undisclosed reserve.
" Property sells as-Is with no warranties expressed or implied
" The auction is Subject to prior sale (the property can be purchased prior to the end of the auction)
" The seller reserves the right to cancel the auction at any time prior to the final bid closing
" Buyers Premium
o An 11% buyer's premium will be added to the final bid and charged to the buyer, the final bid plus the 11% buyer's premium will establish the final sales price.
" A $10,000.00 down payment must be paid by the successful bidder by direct wire transfer by 12:00 NOON Friday March 23, 2018 payable to John Bethell Title Company. The down payment deposit will be non-refundable; your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing. The balance of the purchase price will be due via a wire transfer to the closing company, on delivery of insurable title on or before April 23, 2018.
o A promissory note will be signed along with the down payment.
" Final closing is NOT contingent upon financing.
" The property will be conveyed by a Trustee's or Warranty Deed
" The seller agrees to furnish buyer(s) with an owner's policy of Title Insurance Policy at closing.
" Real Estate Taxes: the taxes will be prorated to the day of closing.
" Closing:
o Closing shall take place at the office of: John Bethell Title Company, 329 S. Walnut Street, Bloomington, IN 47401.
o Closing fees will be paid by the buyer.
o Closing will be held on or before April 23, 2018.
" Possession will be granted at final closing.
" The successful Bidder shall execute an "Auction Real Estate Sales Contract" for the property immediately after being declared the Successful Bidder by the Auctioneer.
" Each potential Bidder is responsible for conducting at their own risk, their own independent inspections, investigations, and due diligence concerning the property.
o Further; Property sells as-is with no warranties expressed or implied
" JDC Group, INC dba United Country Coffey Realty & Auction. and their representatives are exclusive agents of the Seller.
" All announcements made up to the final close of the Auction bidding take precedence over all advertising, oral or printed material.
" All information was gathered from reliable sources and is believed to be correct as of the date this brochure is published; however the seller or auctioneers have not independently verified this information. Auction plats and drawings are not to be relied on ad are for representation purposes only. Its accuracy is not warranted in any way. There is no obligation on the part of the sellers or auctioneer to update this information.
" SALE SITE: Internet Only
" VIEWING INSTRUCTIONS: By Appointment, contact 812-822-3200.
" The viewing of the property will be at the viewer's own risk the Seller, Auctioneer nor the Listing Agency be held responsible for accidents.