TERMS:
1. Successful bidder will sign a standard Offer to Purchase form within 24 hours of the close of the auction. Offer will be a cash offer with no contingencies of any kind.
2. Earnest money shall be $10,000 and will be collected within 24 hours of the close of the auction. If the high bid is accepted earnest money will be applied to the purchase price, if it is rejected earnest money will be returned to the buyer.
3. A 10% buyer's premium will be added to the high bid to determine the actual purchase price.
4. The property is sold subject to the approval of the owner. Seller will have until June 13, 2024, to accept this offer. Seller may accept, reject or counter today's high bid.
5. This offer may not be rescinded prior to Midnight of June 13, 2023.
6. The buyer is purchasing the property in its "AS IS" condition with all its faults. No warranties are made as to any aspects regarding the property. Buyers shall rely entirely on their own inspections of the property and the records.
7. A Real Estate Condition Report has NOT AND WILL NOT been provided. The buyer is purchasing the property in its "AS IS" condition with all of its faults. There are no warranties as to the mechanical systems, electrical systems, structural soundness, any particular use, or any other aspects regarding the property. Buyers shall rely entirely on their own inspection of the property and the records.
8. Closing will take place on or before July 24, 2024.
10. Real estate taxes will be prorated at the time of closing based on the 2023 taxes $3,318.43.
11. A title policy has been provided by Gowey Title and has been available for review. Buyer accepts the title policy as written.
12. Any items of personal property left behind at closing are being left at the convenience of the seller and are considered to have no monetary value.