$25,000 non-refundable earnest money deposit down on auction day. Balance due on or before 30 days. 10% Buyer's premium added to the final sales price at this auction. Sold 'AS IS WHERE IS'. Lead Based paint form must be waived and signed and Inspection must be made prior to auction. Auctioneer/Broker is agent for the Seller in this transaction.
ONLINE BIDDING: $25,000 non-refundable deposit on the property (certified funds or wired) must be received by FedEx or UPS by 2pm Wednesday May 29th, 2024, in the event you are the high bidder. Make funds payable to Chris Pracht Auctioneers Realty & Auction, LLC, Escrow Account. You certify that you have made inspection of the real estate prior to bidding online. Any and all other arrangements must be approved by the Auctioneer PRIOR to the auction. You MUST be able to be contacted by telephone at any time both during and at the conclusion of the auction unless otherwise approved by Auctioneer.
Your registration and approval of bidding is subject to you being able to be reached by voice telephone at the sole discretion of the Auctioneer prior to the close of the auction in order to verify payment of deposit AND OR ANY other information needed to insure identity and document return. No contact does not release bidder/buyer from their obligation under the Terms and Conditions of the contract.
This auction is a cash sale not contingent on or subject to financing, appraisal, survey or inspections of any kind, as agreed to by bidders at registration prior to bidding, and specified in the attached Offer to Purchase and Contract. “Time is of the Essence” you should proceed to closing immediately upon acceptance of your offer. You must close the transaction on or before June 28th, 2024. If your closing is delayed for any reason by you, as Purchaser or other parties working on your behalf, including any lender you involve – you may be declared in breach of the contract, forfeit all deposits made and could be additionally liable for any and all costs incurred by the Seller and Chris Pracht Auctioneers, R&A, LLC in a subsequent resale of the property.
