THIS IS A COMPLETED SALE
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Commercail Property - 499 E Breitunge, KingsFord,MI
Listing ID#: 79391
Auction Location |
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KingsFord, MI 49802 |
Auction Dates and Times |
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Friday Jul 13, 2018 Completed |
Auction Type |
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Company Information |
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Platinum Auctions Contact: Zackery Witvoet Phone: 2173721006 Email: Sold@Platinumauctions.co Website: PlatinumAuctions.CO GoToAuction.com ID#: 2999 View company information and listings |
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Listing Terms and Conditions |
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REAL ESTATE AUCTION TERMS AND CONDITION
Registration: Auction registration will begin one hour prior to the beginning of the auction. All bidders are required to register with a valid form of photo ID (driver's license) and acknowledge having read and agree to be bound by the auction terms and conditions. Bidders are required to have a "bid card" prior to placing any bids at the auction. Onsite bidding will be allowed on individual tracts, combinations of tracts, and on the entire ranch. Online bidding will be allowed on the entire ranch ONLY. Bidders
Proof of Funds: Bidders will be required to bring or submit before auction day a bank letter, proof of funds letter, letter of finance, or, Pre-approval letter WITH specify dollar amount.
Buyer's Premium: A 6% buyer's premium shall be added to the high bid at the auction to arrive at the total contract price to be paid by the successful bidder(s) on any and all tracts sold. An additional 1% buyer's premium shall be applied to any successful online bid placed to arrive at the total contract price of the property.
Down Payment and Contract Signing: The successful bidder(s) shall be required to place 10% of the total contract price in escrow and sign the purchase agreements, immediately following the conclusion of the auction. The down payment shall be in the form of (cash, cashier's check, personal check or business check).
FAILURE TO CLOSE: In the event that the successful bidder fails to close for any reason that is not the fault of the Seller, the earnest money shall be retained by the Seller as liquidated damages and divided equally between the Seller and the Broker.
Financing: Financing is not a contingency of the sale in this auction. Therefore, it is strongly recommended that all bidders arrange any financing needed to close the transaction prior to placing any bids at the auction.
Closing: Closing shall take place on or by August 1, 2018.
Possession shall be delivered to the buyer at closing.
Title: Seller shall furnish at seller's expense an Owner's Policy of Title Insurance in the amount of the total purchase price. Title shall be transferred by General Warranty Deed.
Survey: Seller shall furnish to buyer a copy of the current survey and field notes. However, if either buyer or buyers lender require a new survey, it shall be at buyer's sole expense.
Taxes: The 2018 taxes shall be prorated to the date of closing. Property taxes (including rollback taxes) incurred after closing shall be the sole responsibility of the buyer.
Agency: Platinum Auctions and its representatives are Exclusive Agents of the Seller.
ENVIRONMENTAL DISCLAIMER: Seller, Brokers and Auctioneer do not warrant or covenant with Buyer with respect to the existence or nonexistence of any pollutants, contaminants, or hazardous waste prohibited by federal, state or local law or claims based thereon arising out of the actual or threatened discharge, release, disposal, seepage, migration or escape of such substances at, from or into the demised premises. Buyer is to rely upon his/her own environmental audit or examination of the premises. Buyer can perform inspection at there own cost before auctions day.
CLOSING COSTS AND PRORATIONS: Seller shall pay all customary and usual closing costs paid by Sellers of Real Estate in Florence County, WI including title insurance premiums, excise tax, one-half of document preparation, one-half of escrow fees, and pro-ratable items. Purchaser shall pay all customary and usual closing costs paid by buyers of real estate in Florence, WI, including recording fees, one-half of document preparation, one-half of escrow fees, sales or use tax, if any, and pro-ratable items.
Broker Participation: a (4%) buyer's broker fee shall be paid to any properly licensed broker that registers and represents a successful buyer at the auction, which is not already working with the auction company. The registration form is available from the auction company and must be completed no later than 48 hours prior to the auction. Contact the auction company for additional registration information.
Disclaimers: All information is taken from sources believed to be reliable but is subject to verification by all parties relying on it. Any and all sketches, dimensions are approximate. No liability for its accuracy, errors or omissions is assumed by the seller or the auction company. All bidders are responsible for conducting their own inspection, inquiries and due diligence concerning the property being offered. The property is being offered "AS-IS, WHERE-IS" and no warranties or representations either expressed or implied are being made by the seller or the auction company. Any announcement made the day of auction shall take precedence over any previously printed material or any other oral statements made. All information contained in the advertising and all related materials are subject to the terms and conditions outlined in the purchase agreement. The property is available for and subject to prior sale before the auction. All dollar amounts stated in the terms and conditions shall be in U.S. currency.
Clear Title: Seller agree to deliver property with a clear title. Free can clear of any liens and or back taxes.
(217) 372-1006 Sold@PlatinumAuctions.CO PlatinumAuctions.CO
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Listing Information |
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499 E Breitunge St KingsFord,MI
12 lots comprising 5 tax parcels and totaling 42,300 square feet (0.97 acre) of lot.
Featuring: 4 Buildings with over 5,000 sqft of coverage accompanied by a approx. 470 sqft house and octagon office
All measurements are approximate.
Building 1: 85×170 3,189 sqft with half basement Construction type: Cinder Block
Building 2: 40×100 1,018 sqft with basement Construction type: Wood
Building 3: 50×110 1,688 sqft Construction type: Cinder Block
Building 4: 65×40 690sqft Construction type: Wood
House: 46×46 470sqft full basement, 2bd, 1 ba. Construction type: Cinder Block
Octagon Office: Approx 180 sqft Construction type: Wood
All buyers must MEET set requirements in Real Estate Terms & Conditions to bid on auction day. 1 457-499 E Brietunge st, KingsFord 499 E Breitunge St KingsFord,MI 12 lots comprising 5 tax parcels and totaling 42,300 square feet (0.97 acre) of lot. Will sell for one price. Featuring: 4 Buildings with over 5,000 sqft of coverage accompanied by a approx. 470 sqft house and octa... |
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