Lot 13 Keweenaw Hideaway Rd., Lake Linden MI 49945

Name	Lot 13 Keweenaw Hideaway Rd., Lake Linden MI 49945
Auctioneer	Great Lakes & Land Real Estate
Type	Online-Only Auction
Date(s)	4/14/2017 - 5/5/2017
Auction Date/Time Info	Internet only auction 4/14/17 at 12:00 noon EST thru 5/5/17 at 12:00 noon EST
Preview Date/Time	Now through 4/14/17 - Please contact our office to get directions or to make an appointment to view the proeprty
Checkout Date/Time	N/A
Location	12 W. Broad St. L'Anse, MI 49946
Buyer Premium	5% Buyers Premium
Description	Upper Michigan 1.53 Acre parcel, located on Mud Lake, which is found in Torch Lake Township, in northeastern Houghton County. This lot has old growth pines and sandy soil, and 192 Feet of frontage! Mud Lake is 179 acres in size and about eleven feet deep. This lake is quiet, and excellent for canoeing and kayaking. Because of its size, the water warms up nicely, and is known for warm water species of fish such as Bluegill, Yellow Perch, and Northern Pike. There are thousands of acres of Corporate CFA land nearby for some great Whitetail deer, Black bear, and Grouse hunting. You can take a circle tour from this property to find of some of the most picturesque places in Michigan. Just head east about a mile to the Little Traverse Bay of Lake Superior to find some of the most beautiful sugar sand beaches found anywhere, and drive northward along the shore to Lac LaBelle. From there you can head to Mt. Bohemia Ski Hill (for Extreme Back Country Skiing), Copper Harbor, Brockway Mountain, and then follow the western side of the Keweenaw Peninsula down to Agate Harbor, Eagle Harbor, Great Sand Bay, Eagle River, through the historic mining towns of Calumet and Laurium, and then back toward Lake Linden, and then to your lot on the northern end of Mud Lake. The area is surrounded by forested lands, with blue berry, raspberry, and wintergreen berries for summer picking. Access to the Gay Trail, a Multi-Use State Trail, is located just to the north of Traverse Bay. This beautiful area of the Upper Peninsula has it all! - This property has had a perk test and there is power to the property. Covenants and Restrictions and Survey on file. This would be a great place to build that seasonal get-a-way! MLS# 1012696

Terms and Conditions

Terms: 10% non-refundable down payment within 48 hours, balance due on or before 30 days. Taxes: Prorated to day of close Possession: Date of Deed Remember to refresh your browser often, and don't rely solely on emails to see that you have been outbid. Terms: At the close of the auction, successful bidders will be emailed a contract to be executed and returned to Great Lakes & Land Real Estate. Successful bidders will deposit 10% in the form of good check or wire transfer with Great Lakes & Land Real Estate no later than 48 hours following the end of the auction. The remaining balance is due at closing. Purchaser shall be responsible for all wire transfer fees. 5% Buyers Premium for all auctions. Title insurance to be provided by the seller. Contract documents (Purchase Agreement) will be emailed to the successful bidder, who must execute and fax or email back to Great Lakes & Land Real Estate within 48 hours of the end of the auction. Successful bidders not executing and returning their contract with earnest money deposit within 48 hours of the conclusion of the auction will be considered in default. Agency Disclosure: In all transactions, the auctioneer is acting as agent for the seller, not as a buyer's agent. Great Lakes & Land Real Estate Co. reserves the right to remove or cancel the bids and or bidding rights and privileges of any party, deemed not to be in the interest of the seller, at any time. Disclaimer: All information contained herein is believed to be correct to the best of the auctioneer's knowledge. The information is being furnished to bidders for the bidder's convenience and it is the responsiblity of the bidder to determine that information contained herein is accurate and complete. Any reliance on the contents shall be solely at the recipient's risk. Bidders must conduct and rely solely upon their own investigations and inspections. The property is being 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. Bidder inspection prior to bidding is encouraged. *All purchases subject to Michigan Real Estate Laws and Regulations. * By placing a bid, bidder signifies that they have examined the property to their satisfaction, or have chosen not to examine the property. Bidder inspection prior to bidding is encouraged. Great Lakes & Land Real Estate Co. reserves the right to cancel, extend, or reopen the auction in case of system failures.

Bid Increments

Your bid must adhere to the bid increment schedule.

Bid Amount	Bid Increment
0.00 - 95.00	5.00 USD
95.01 - 975.00	25.00 USD
975.01 - 9,750.00	250.00 USD
9,750.01 - 97,500.00	2,500.00 USD
97,500.01 - 9,999,999.99	10,000.00 USD

Payment Information

Currency	USD
Buyer Premium	5% Buyers Premium
Payment Terms	10% non-refundable down payment within 48 hours, balance due on or before 30 days.

Shipping / Pick Up

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.