Estes Lake and Pine Beach Auction

Great Lakes & Land Real Estate

 

Date(s) 1/2/2017 - 1/16/2017

Monday, January 2nd, 2017 at 12:00 Noon (EST) through Monday, January 16th, 2017 at 12:00 Noon (EST)

Past Auction
Online-Only Auction
Bidding Notice:

This is an internet-only auction. All bidding activity will take place online.

Auction Information
Name Estes Lake and Pine Beach Auction
Auctioneer
Type Online-Only Auction
Date(s) 1/2/2017 - 1/16/2017
Auction Date/Time Info
Monday, January 2nd, 2017 at 12:00 Noon (EST) through Monday, January 16th, 2017 at 12:00 Noon (EST)
Preview Date/Time Preview will be available from December 9th, 2016 to January 1st, 2017. Please contact our office by phone at 906-524-6288 or by email to schedule an appointment .
Checkout Date/Time For winning bids, 10% Earnest Money Deposit will be due immediately by certified bank check / money order. Closing to take place by January 31st, 2017. (If necessary, a February 2017 closing is possible).
Location
Buyer Premium 5% Buyers Premium
Description
We are pleased to present Great Lakes & Land Real Estate's Cabins of Estes Lake auction. * 5% Buyer's premium will be added to the final bid price(s) to determine the total contract price. *All properties sold "AS IS, WHERE IS" with all faults and without contingencies of any kind, including financing and inspections, so please have financial arrangements secure before bidding. *All purchases subject to Michigan Real Estate laws and regulations. To preview any of these lots prior to the bidding period, please contact our offices at 906-524-6288 or by email at timandlinda@greatlakesandland.com to schedule an appointment.
A 10% earnest money deposit of the total contract price will be due immediately from all winning bidders. Purchasers will be required to sign a purchase agreement agreeing to pay the balance on or before January 31st 2017. Arrangements can be made for a February 2017 closing. * 5% Buyer's premium will be added to the final bid price(s) to determine the total contract price. * All properties sold "AS IS, WHERE IS" with all faults and without contingencies of any kind, including financing or inspections, so have financial arrangements secured before bidding. *Ownership possession will b given upon final settlement. *At close of auction, winning bid purchase subject to applicable Michigan Real Estate Laws*All descriptions and information are believed accurate, however, neither the sellers nor the Auctioneer/Broker are making any guarantees or warranties, actual or implied. * Bidder inspection is encouraged. *By placing a bid, bidder signifies that they have examined the property to their satisfaction, or that they have chosen not to personally examine the property. * Great Lakes & Land Real Estate reserves the right to accept or reject any bid at our sole discretion. * Applicable taxes apply * Title insurance will be provided by seller. *All real estate taxes will be prorated to the day of closing. * Great Lakes & Land Real Estate and its Brokers represent the sellers throughout the sale process. * Online auction will be managed at the Great Lakes & Land Real Estate offices in L'Anse, MI. * For internet-only auctions, Great Lakes & Land Real Estate reserves the right to cancel and/or reopen the auction in the case of system failures. * Great Lakes & Land Real Estate is a licensed Real Estate Brokerage in Michigan and Wisconsin.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 9,750.00 250.00 USD
9,750.01 - 24,500.00 500.00 USD
24,500.01 - 49,000.00 1,000.00 USD
49,000.01 - 97,500.00 2,500.00 USD
97,500.01 - 9,999,999.99 5,000.00 USD
Currency USD
Buyer Premium 5% Buyers Premium
Payment Terms
A 10% earnest money deposit of the total contract price will be due immediately from all winning bidders. Purchasers will be required to sign a purchase agreement agreeing to pay the balance on or before January 31st, 2017. Arrangements can be made for a February 2017 closing. * 5% Buyer's premium will be added to the final bid price(s) to determine the total contract price. Earnest Money deposit to be in form of certified bank check/money order.
N/A
Notice: Financing terms available may vary depending on applicant and/or guarantor credit profile(s) and additional approval conditions. Assets aged 10-15 years or more may require increased finance charges. Financing approval may require pledge of collateral as security. Applicant credit profile including FICO is used for credit review. Commercial financing provided or arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873. Consumer financing arranged by Express Tech-Financing, LLC pursuant to California Finance Lender License #60DBO54873 and state licenses listed at the this link. Consumer financing not available for consumers residing in Alaska, Louisiana, Nevada, Ohio, Vermont, Hawaii, or Wisconsin. Additional state restrictions may apply. Equal opportunity lender.