Real Estate Terms:
The sellers are motivated to sell but reserve the right to accept the final bid.
BUYER’S PREMIUM: A 4% buyer’s premium will be added to the purchase price to determine the actual selling price.
DOWN PAYMENT: The buyer will provide a $10,000 non-refundable down payment upon signing the contract for the sale of real estate within 24 hours of the acceptance of the final bid. Acceptable forms of payment include a personal check with bank letter or certified funds. The remaining balance will be due at closing in 45 days or less. Please note, successful bidding at the auction is not contingent on personal financing. Please have your finances in order prior to bidding on the property to ensure you are capable of paying the balance at closing.
TITLE: Seller shall convey a Warranty Deed to the buyer for examination and pay for title insurance.
TAXES: The real estate taxes shall be prorated between the parties as of the date of closing.
POSESSION: Possession of the real estate shall be delivered to the buyer at the time of closing.
CLOSING: Closing will be conducted at Boonville Abstract & Title Co located in Boonville, MO on or before November 3rd, 2023 or at other set time and place in which both parties agree.
Disclaimer: The property is being sold “as is, where is.” and no warranty, either expressed or implied, concerning the property is made by either the sellers or the auction company. Each bidder is responsible for conducting his/her own independent inspections or investigations concerning the property and the auction. Information provided is believed to be correct to the best of the auctioneer’s knowledge but is subject to inspection and verification by all parties relying on it. All information provided by the auction company is subject to the terms and conditions of the sale outline in the contract for sale of real estate. All decisions of the auctioneer are final. The sellers and the auction company reserve the right to preclude anyone from bidding if there is a question as to the person’s credentials, fitness, intent, etc.
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