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Property
Information
This tract of land consists
of 5.9 acres of rolling, wooded land with a 2-car garage
located in Noble County. |
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----PROCEDURE:
The property will be offered in One individual tract
containing approx. 5.96+ acres.
----TERMS:
10% down the day of Auction, balance due in full upon
delivery of the merchantable title and deed free and clear
of all liens and encumbrances except as stated herein and
subject to easements or restrictions of record. A 5% buyer’s
premium will be added to final bid and included in the total
contract price. If you are the high recorded bidder on any
individual tract or combination tracts you must stay for the
entire auction. All bids accepted on the Real Estate subject
to the Sellers approval.
----CONDITIONS: Your bidding is not conditional upon
financing, so be sure you have arranged financing, if
needed, and are capable of paying cash at closing.
----TAXES:
Buyer shall assume and pay real estate taxes due and payable
in May 2009
----POSSESSION:
One day after closing subject to tenants rights.
----IMPROVEMENTS & FIXTURES: The Real Estate includes
all improvements and permanent fixtures used in connection
with it, (excluding any satellite receiving station or dish,
components and wiring) now in or on the Real Estate.
----SURVEY:
The Seller has a legal description for the property so no
survey will be provided. If a survey is requested it will be
paid by the buyer.
----AGENCY
DISCLOSURE & GENERAL OFFICE POLICIES: Ness Bros. Auction
Staff (Auctioneers and Ringmen) will represent the Seller
exclusively unless Ness Bros. Agent has a signed buyer
agency agreement with buyer, then that agent has a limited
agency with buyer.
----DISCLAIMER & ABSENCE OF WARRANTIES: All information
contained in the brochure and all related materials are
subject to the terms and conditions outlined in the Purchase
Agreement. The property is being sold on an “AS IS, WHERE
IS” basis and no warranty or representation, either
expressed or implied, concerning the property is made by the
Seller or the Auction Company. All sketches and dimensions
in the brochure are approximate. Each potential bidder is
responsible for conducting his or her own independent
inspections, investigations, inquiries, and due diligence
concerning the property. The information contained in this
brochure is subject to verification by all parties relying
on it. No liability for its accuracy, errors, or omissions
is assumed by the seller or the auction co. Conduct of the
auction and increments of bidding are at the direction and
discretion of the auctioneer. The seller and selling agents
reserve the right to preclude any person from bidding if
there is any question as to the person’s credentials,
fitness, etc. All decisions of the Auctioneer are final.
----CLOSING:
Balance of purchase price is due in cash at closing, which
will take place within 30 days of proof of insurable title.
The fee charged by any closing agent (including an attorney
acting as a closing agent for both parties, or Buyer’s
lender acting in such capacity) for closing services shall
be paid equally by the parties. Each buyer will be
responsible for paying a $195.00 transaction fee to be
collected at closing.
----SPECIAL
NOTE: There is certainly a 30 ft wide easement on the
property that will pass with the property. The top bidder
will be required to enter into a written agreement to
purchase improved real estate contract irrevocable with
earnest money deposited at the auction site immediately
following closing of the auction. By executing this
agreement, buyer is making an offer to seller, buyer’s offer
expires at 11:59 P.M. (local time) August 13, 2008 unless
seller timely accepts it.
THANK YOU
for your interest in this offering. If you have any
questions, please feel free to talk to one of our
representatives.