Kennan WI Real Estate Auction

Bidding Ends Wednesday, August 28th at 7pm

Note: This is a nice, well-cared-for home with 3.4+/- acres. This ranch-style house has 1 1/2 baths, 3 bedrooms, an attached 2-car garage, detached 1 1/2-car garage, and a storage shed. 

Preview: Saturday, Aug. 24th from 10 am to 1 pm At W10465 Hwy 8 Kennan, WI 54537

Bidding ends on Wednesday, August 28th. The opening bid is $145,000. There is a 5% Buyer’s Fee. A list of terms is at www.hueckmanauction.com   

Buyer Details:

1. Bidder Registration:  All potential Buyers must be registered with Hueckman Auction & Sales in order to bid.  Existing users can use their current username and password to register.  New Bidders will need to register by clicking the “Register to Bid” button within the auction and create a new bidding account. All Bidders must be at least 18 years of age.

2. Bidder Identity: The identity of Bidders is subject to verification by the Auction Company.  The Auction Company reserves the right to preclude anyone from bidding, or reject registration and terminate bidding activity if there is any question as to the Bidder’s credentials.

3. Buyer’s Fees:  There will be a 5% Buyer’s Fee added to the winning high bid to determine the final purchase price.

4. Seller's Acceptance:  The sellers will be given 2 hours to accept or reject the highest bid, after the final bid is accepted. This stipulation may be lifted during the near end or the close, so watch the live show during the auction close to see! 

5. Payments:  Upon a successfully accepted high bid, Buyer agrees to submit Earnest Money in the amount of $10,000 to the Auction Company.  Payment must be received within 5 days of acceptance and in the form of cash, certified check, or personal/company check accompanied by a bank letter of guarantee.  Balance of the purchase price shall be paid at or before closing. In the event that the Buyer does not close on the property, their Earnest Money shall not be refunded. In the event that the Seller does not close on the property, Earnest Money will be refunded to the Buyer.

Contingencies & Inspections:

6. Contingencies:  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.

7. Absence of Warranties:  Property information for this auction has been provided by the Seller and/or other third parties. All information provided is deemed reliable but not warranted by Seller or Auction Company.  Buyer shall perform any independent inspections with respect to the property as they deem necessary and/or appropriate. All inspections shall be completed before bidding. The Buyer agrees: The Seller and Auction Company offer NO warranties or representations pertaining to condition or fitness of the property, environmental or otherwise, or any improvements thereon. The Buyer shall accept the property in “As Is” condition.

8. Lead Based Paint:  Structures built before 1978 may have lead-based paint on the premises. Click here for informational pamphlet.

Closing Details:

9. Closing:  Closing to happen within 30 days, unless a different date is agreed upon by Seller, Buyer, and Auction Company.  Closing shall take place with assistance from a title company or other qualified entity of Seller’s choice.  All closing costs, with the exception of the Seller’s prorated real estate taxes, shall be split 50/50 between the Buyer and Seller.

10. Evidence of Title:  Seller shall give evidence of title in the form of an Owner’s Policy to title insurance in the amount of the purchase price on a current ALTA form issued by an insurer licensed to write title insurance in Wisconsin.

11. Deed:  Seller shall provide a warranty deed to Buyer at closing.

12. Occupancy:  Buyer shall take occupancy of property at the time of closing.  NO EXCEPTIONS.

13. Real Estate Taxes:  All taxes shall be prorated to the day before closing using the previous year’s tax amount.

14. Easements: Subject to any and all easement of record.

15. Zoning: Property is subject to all state and local zoning ordinances.

16. Acreage: Parcel dimensions and acreages are based on legal descriptions.

Auction Details:

17. Auction End Times: Hueckman Auction & Sales online-only auctions are timed events. Our online-only auctions have an auto-extend feature, which means that if there are any bids placed in the final 10 minutes of the item closing, the auction end will be automatically extended 10 minutes from the time the bid was placed. For example, if an auction scheduled to close at 7:00 PM receives a bid at 6:59 PM, the close time will automatically extend to 7:09 PM. The auto-extend feature remains active until no further bids are received within a 10-minute time frame.

18. Auction Company employees and/or the Auction Company may bid on auction items.

19. Auction Company is not responsible for accidents, errors, or omissions and shall be held harmless in the event of communication failures resulting from mobile devices, computers, software, electrical power and related online equipment and services.

20. NEW DATA, CORRECTIONS, AND CHANGES: Please review prior to scheduled auction end to be aware of any changes, corrections, or additions to the property information.  The most recent information published in each auction takes precedence over all prior releases, verbal and/or written.

21. By bidding on the property at auction, Buyer agrees to all Terms and Conditions set forth above.

Hueckman Auction & Sales
176 N. Lake Ave.
Phillips, WI 54555
Phone: 715-339-2097

Email:  info@hueckmanauction.com

Scott Hueckman, registered WI Auctioneer #2369-052