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Date(s)
9/27/2024 - 10/3/2024
AUCTIONEER INFORMATION

Information
Lot # 6
Group - Category Antiques & Collectibles - Collectibles - Advertising
Lead INFORMATIONAL LOT, Foundation Certificate
Name 13764 Box Canyon Road, Hermosa, SD, Real Estate Auction
Auctioneer
Date(s) 9/27/2024 - 10/3/2024
Location
Buyer Premium 2% Buyers Premium (Online Auction Fee)
Description
The Buy It Now option has been exercised and this property is currently under contract, we fully expect a completed sale. Thank you for your interest in this property, please watch for our upcoming Real Estate Auctions. If you have any questions please contact us, Matt can be reached at (605) 431-9330 and Briana at (208) 598-3595
Terms and Conditions Auction conducted by: Matt Ramsey Auctions 14139 SD Highway 36 Hermosa, SD 57744 Legal Description BOX CANYON SUB - LOT 71 SEC 5 T3 R7 6.825 AC - Property to be sold at Public Online Only Auction ending October 3rd, 2024 at 1:00 PM (with a soft close) Subject to Seller's Approval. Seller reserves the right to accept, reject, or negotiate the high bid. Property sells as-is with no warranties expressed or implied. -Property is offered with a Buy It Now option. Matt Ramsey Auctions will consider written offers submitted before Monday, September 23rd, 2024 at 5:00 PM MDT. Once this date passes, the property will be sold only by Online Auction. - A 2% Buyers Premium (based on the final bid) will be added to the final bid and charged to the buyer, the final bid plus the 2% buyer's premium will establish the final sales price. -Seller will convey the property free and clear of all liens and encumbrances except as specified in the Title Commitment (provided by the Seller) - Property taxes will be prorated through day of closing. - Buyer will execute an Auction Real Estate Sales Contract at the conclusion of the auction, additionally, Buyer will deposit irrevocable earnest money in the amount of 10% of sale price (including buyers premium) into Ramsey Real Estate Trust. The earnest money will be applied to the purchase price at closing. - Closing shall be on-or-before November 4th, 2024. Buyer shall pay the recording costs of the deed, any courier fees on behalf of Buyer and 1/2 of the escrow closing fees. - Possession will be granted on day of closing. - Registration for bidding will be through Matt Ramsey Auctions Online Portal: https://ramseyauctions.hibid.com/ A Credit Card will be required to register to insure the integrity of the bidders(a one-dollar charge is placed on your card and returned shortly thereafter). - There is no pre-qualification letter or letter of credit required to bid on this auction, but it is expected that you have your financing in place. - Bidding for this auction will begin on September 27th, 2024 at 10:00 am MDT and will begin closing at 1:00 pm MDT on October 3rd, 2024. - Bidding will be "Fixed/Flat" style. Meaning, your bid is actually what you will pay (as opposed to a Max bid style where the computer bids "up to" your amount when others bid against you). - This auction will utilize a "soft close" - this means that if a bid is placed in the last 5 minutes of the auction, an additional 5 minutes will be added to the auction. - In the case of a tie bid, precedence is given to the earliest bid. - All announcements made up to final close of the Auction bidding take precedence over all advertising, oral or printed material. - Property sells as-is with no warranties expressed or implied. - Matt Ramsey Auctions and Ramsey Real Estate and their representatives are exclusive agents of the Seller.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,999,999.99 500.00 USD
Currency USD
Buyer Premium 2% Buyers Premium (Online Auction Fee)
Payment Terms
View terms & conditions for complete settlement information. Wiring instructions can be provided upon request.
Not Applicable