TERMS: Property sells As-Is with no contingencies for financing, inspection or otherwise subject to Seller confirmation on auction day. All desired inspections should be completed prior to placing a bid. 10% Buyer's Premium will be added to winning bid to establish the final contract selling price. Short tax proration in effect. Buyer pays all closing costs. 

DEPOSIT AND CLOSING: Successful bidder will be required to deposit 10% of the total contract selling price by check at the conclusion of the auction if present onsite or via wired funds by the end of business the day after auction if bidding online. Closing required on or before September 30, 2020 through M & M Title Company as escrow/closing agent.
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* ONLINE BIDDING NOTES:

Bid Increment: Online bidding increment for this auction is $100.

Max Bid: When you place a bid, you can place a "Max Bid" and the automated bidding software will bid for you in $100 increments up to your maximum. You will be notified by email if your maximum is out-bid by another bidder.

Live Auction Bidding vs Online Bidding: On Sunday, August 30, 2020 at 1:00pm, the property will be offered for live bidding starting at the current online high bid at that time.  Assuming the onsite bid exceeds the online bid level, that figure will be inserted to the online bidding platform. Online bidders will have until 1:30pm to advance the bid. From that time, bidding extensions will be implemented as outlined below. 

Bid Extensions: If a bid is placed in the last 5 minutes before the scheduled auction end time, bidding will extend for an additional 5 minutes. Bid extensions will continue until a 5 minute period of time elapses after the stated auction end time with no advance in the bidding.