TERMS:
1. Successful bidder will sign a standard Offer to Purchase form within 24 hours of the close of the auction. Offer will be a cash offer with no contingencies of any kind.
2. A 10% buyer's premium will be added to the high bid to determine the actual sales price.
3. Earnest money shall be $5,000 and will be collected within 24 hours of the close of the auction. If the high bid is accepted, the earnest money will be applied toward the purchase price. If the bid is not accepted, the earnest money will be returned to the buyer.
4. The offer is subject to approval of the owner, who will have until May 17, 2024. The seller may accept, reject, or counter today's high bid.
5. This offer may not be rescinded prior to Midnight of May 17, 2024.
6. In the event of a counter-offer, today's high bidder will be given the first opportunity to accept any counter offer.
7. The buyer is purchasing the property in its "AS IS" condition with all its faults. No warranties are made as to any aspects regarding the property. Buyers shall rely entirely on their own inspections of the property and the records.
8. A Real Estate Condition Report has not been provided and will not be provided, the buyer is purchasing the property in its "AS IS" condition.
9. If the offer is accepted, closing will take place on or before June 17, 2024.
10. Real estate taxes will be prorated at the time of closing based on the 2023 taxes. The 2023 taxes were $965.23.
11. A title policy has been provided by Title Works and is available for review. Buyer accepts policy as its written.
12. Any personal property left behind is being left solely at the convenience of the seller and is considered to have no monetary value.
13. The natural gas been shut off. Buyer to be responsible for turning gas on and making sure there are no leaks.