Absolute Auction! Property sells to the highest bidder auction day with out
minimum or reserve! Property sells “as is – where is and with all faults”.
Seller, Auctioneer or Broker are not making any guarantees of any kind,
either expressed or implied. Auctioneers, Brokers and their associated staff
are representing the seller’s interest in this transaction. All information
was derived from sources deemed reliable; however, neither Seller nor the
Auctioneers/Brokers are making any guaranties or warranties, actual or
Announcements made at auction take precedence over any
prior printed or oral representations.
Property is selling by
legal description only and no property survey will be provided by seller.
Marketable title will be transferred by Warranty Deed, subject to easements,
covenants, restrictions and reservations of record. A title insurance policy
will be provided by seller and will be available for your inspection prior
to the auction. 2007 and prior taxes will be paid by seller. 2008 real
estate taxes will be prorated to date of closing using 2007 tax levy.
Successful bidder shall
deposit 15% irrevocable earnest money and enter into a purchase contract at
the conclusion of the auction. The remaining balance will be made in
certified funds or cash at closing, on or before March 28, 2008. Immediate
property possession is available upon closing and buyer will make no changes
to property prior to closing. Title insurance and closing costs shall be
split evenly between the buyer and seller. Property
sold with out any buyer contingency of any kind. Have financial arrangements
secured prior to bidding. Inspect the property to the extent necessary both
on and off premises and rely on your own judgment when bidding. Property
sells to the highest bidder auction day with out minimum or reserve!
Broker Participation is
invited. Call Key Realty & Auctions for required forms, deadline and other